Can I retire at age 70 with 13,800,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,083,987
2 years$564,154$553,647$543,464$533,591$524,015$507,484
3 years$372,367$361,815$351,657$341,877$332,457$316,354
4 years$276,492$265,972$255,917$246,303$237,111$221,561
5 years$218,982$208,525$198,602$189,185$180,248$165,295
6 years$180,655$170,277$160,500$151,292$142,624$128,286
7 years$153,289$142,998$133,376$124,386$115,992$102,273
8 years$132,774$122,576$113,113$104,344$96,226$83,125
9 years$116,826$106,724$97,425$88,878$81,036$68,547
10 years$104,075$94,072$84,937$76,614$69,047$57,159
11 years$93,649$83,747$74,777$66,677$59,383$48,084
12 years$84,967$75,167$66,363$58,485$51,460$40,737
13 years$77,627$67,929$59,291$51,633$44,874$34,711
14 years$71,341$61,745$53,273$45,834$39,336$29,718
15 years$65,897$56,405$48,098$40,876$34,635$25,544
16 years$61,139$51,751$43,608$36,600$30,610$22,029
17 years$56,945$47,661$39,682$32,885$27,141$19,051
18 years$53,221$44,041$36,224$29,636$24,133$16,515
19 years$49,893$40,816$33,162$26,779$21,510$14,345
20 years$46,902$37,929$30,434$24,253$19,213$12,482
21 years$44,199$35,329$27,994$22,011$17,194$10,878
22 years$41,745$32,978$25,800$20,013$15,412$9,492
23 years$39,507$30,844$23,822$18,226$13,834$8,291
24 years$37,460$28,899$22,031$16,624$12,435$7,250
25 years$35,579$27,120$20,405$15,182$11,189$6,345
26 years$33,845$25,489$18,925$13,881$10,079$5,556
27 years$32,243$23,988$17,574$12,706$9,087$4,869
28 years$30,757$22,603$16,337$11,641$8,199$4,269
29 years$29,377$21,324$15,203$10,675$7,404$3,745
30 years$28,091$20,138$14,161$9,797$6,690$3,287
31 years$26,890$19,037$13,202$8,998$6,048$2,886
32 years$25,767$18,013$12,318$8,269$5,471$2,534
33 years$24,714$17,059$11,501$7,604$4,951$2,226
34 years$23,725$16,168$10,746$6,997$4,483$1,956
35 years$22,794$15,335$10,047$6,441$4,060$1,719
36 years$21,918$14,555$9,398$5,932$3,679$1,511
37 years$21,090$13,824$8,797$5,465$3,334$1,329
38 years$20,308$13,138$8,238$5,038$3,023$1,168
39 years$19,568$12,493$7,718$4,645$2,741$1,028
40 years$18,867$11,886$7,234$4,284$2,486$904
41 years$18,201$11,314$6,783$3,953$2,256$795
42 years$17,569$10,775$6,363$3,648$2,047$699
43 years$16,968$10,266$5,971$3,367$1,858$615
44 years$16,396$9,786$5,604$3,109$1,686$541
45 years$15,851$9,332$5,262$2,872$1,531$476
46 years$15,331$8,902$4,943$2,652$1,390$419
47 years$14,835$8,496$4,643$2,451$1,262$369
48 years$14,361$8,110$4,364$2,264$1,146$325
49 years$13,908$7,745$4,101$2,093$1,041$286
50 years$13,474$7,398$3,856$1,934$945$251

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $13,800,000, adding $6,316 every year, while hoping to spend $24,481 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 65/28/7 Blend
69$13,800,000$13,800,000$13,800,000$13,800,000
70$15,214,115$14,482,715$14,268,815$16,183,474
71$16,739,907$15,166,320$14,720,773$17,512,567
72$18,420,510$15,882,602$15,187,050$18,960,569
73$20,271,687$16,633,135$15,668,102$20,541,885
74$22,310,812$17,419,571$16,164,396$22,269,479
75$24,557,027$18,243,642$16,676,416$24,157,605
76$27,031,426$19,107,164$17,204,659$26,221,943
77$29,757,257$20,012,040$17,749,640$28,479,741
78$32,760,134$20,960,267$18,311,889$30,949,973
79$36,068,285$21,953,937$18,891,955$33,653,511
80$39,712,816$22,995,246$19,490,401$36,613,323
81$43,728,004$24,086,494$20,107,811$39,854,679
82$48,151,623$25,230,094$20,744,785$43,405,390
83$53,025,296$26,428,577$21,401,943$47,296,058
84$58,394,894$27,684,595$22,079,926$51,560,365
85$64,310,963$29,000,930$22,779,393$56,235,383
86$70,829,204$30,380,499$23,501,026$61,361,917
87$78,011,000$31,826,360$24,245,527$66,984,884
88$85,923,991$33,341,720$25,013,621$73,153,730
89$94,642,717$34,929,943$25,806,056$79,922,889
90$104,249,318$36,594,555$26,623,604$87,352,292
91$114,834,315$38,339,254$27,467,060$95,507,919
92$126,497,455$40,167,918$28,337,247$104,462,421
93$139,348,662$42,084,612$29,235,011$114,295,790
94$153,509,068$44,093,601$30,161,227$125,096,110
95$169,112,162$46,199,356$31,116,797$136,960,377
96$186,305,044$48,406,566$32,102,651$149,995,404
97$205,249,818$50,720,148$33,119,749$164,318,820
98$226,125,122$53,145,257$34,169,083$180,060,168
99$249,127,811$55,687,301$35,251,674$197,362,120
100$274,474,819$58,351,950$36,368,576$216,381,806