Can I retire at age 70 with 13,900,000?

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 $13,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,072,925
2 years$568,242$557,659$547,403$537,458$527,812$492,393
3 years$375,065$364,436$354,206$344,355$334,866$300,620
4 years$278,495$267,899$257,771$248,088$238,829$206,019
5 years$220,569$210,036$200,041$190,555$181,554$150,267
6 years$181,964$171,510$161,663$152,389$143,658$113,920
7 years$154,399$144,034$134,343$125,287$116,832$88,642
8 years$133,736$123,464$113,933$105,100$96,923$70,260
9 years$117,672$107,498$98,131$89,522$81,624$56,457
10 years$104,829$94,754$85,552$77,169$69,547$45,840
11 years$94,328$84,354$75,319$67,160$59,813$37,521
12 years$85,583$75,711$66,844$58,908$51,833$30,907
13 years$78,190$68,421$59,720$52,007$45,199$25,590
14 years$71,858$62,193$53,659$46,166$39,621$21,274
15 years$66,375$56,814$48,447$41,172$34,886$17,746
16 years$61,582$52,126$43,924$36,865$30,832$14,843
17 years$57,358$48,006$39,969$33,123$27,338$12,444
18 years$53,607$44,360$36,487$29,851$24,308$10,452
19 years$50,255$41,112$33,402$26,973$21,666$8,792
20 years$47,242$38,203$30,655$24,429$19,352$7,406
21 years$44,519$35,585$28,196$22,171$17,318$6,245
22 years$42,047$33,217$25,987$20,158$15,523$5,271
23 years$39,794$31,067$23,995$18,359$13,935$4,452
24 years$37,731$29,108$22,191$16,744$12,525$3,763
25 years$35,836$27,317$20,553$15,292$11,270$3,182
26 years$34,090$25,673$19,062$13,982$10,152$2,692
27 years$32,476$24,161$17,701$12,798$9,153$2,279
28 years$30,980$22,767$16,455$11,726$8,259$1,929
29 years$29,590$21,478$15,313$10,753$7,457$1,634
30 years$28,294$20,284$14,264$9,868$6,738$1,384
31 years$27,085$19,175$13,297$9,063$6,092$1,173
32 years$25,954$18,144$12,407$8,329$5,511$994
33 years$24,893$17,182$11,584$7,660$4,987$842
34 years$23,897$16,285$10,824$7,047$4,515$714
35 years$22,960$15,446$10,119$6,488$4,090$605
36 years$22,076$14,660$9,466$5,975$3,705$513
37 years$21,243$13,924$8,860$5,505$3,358$435
38 years$20,455$13,233$8,297$5,074$3,045$369
39 years$19,710$12,583$7,774$4,679$2,761$313
40 years$19,003$11,972$7,286$4,315$2,504$265
41 years$18,333$11,396$6,832$3,981$2,272$225
42 years$17,697$10,853$6,409$3,674$2,062$191
43 years$17,091$10,341$6,014$3,392$1,871$162
44 years$16,515$9,857$5,645$3,132$1,698$137
45 years$15,966$9,400$5,301$2,892$1,542$116
46 years$15,442$8,967$4,978$2,672$1,400$99
47 years$14,943$8,557$4,677$2,468$1,271$84
48 years$14,465$8,169$4,395$2,281$1,154$71
49 years$14,008$7,801$4,131$2,108$1,048$60
50 years$13,571$7,452$3,884$1,948$952$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $13,900,000, adding $5,552 every year, while hoping to spend $59,784 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: 32/42/26 Blend
69$13,900,000$13,900,000$13,900,000$13,900,000
70$15,323,527$14,586,827$14,371,377$15,691,731
71$16,822,917$15,237,972$14,789,208$16,623,927
72$18,473,241$15,919,019$15,219,033$17,621,575
73$20,289,831$16,631,371$15,661,191$18,694,965
74$22,289,582$17,376,496$16,116,028$19,850,796
75$24,491,108$18,155,933$16,583,904$21,096,406
76$26,914,922$18,971,294$17,065,185$22,439,837
77$29,583,624$19,824,268$17,560,250$23,889,905
78$32,522,121$20,716,624$18,069,485$25,456,277
79$35,757,855$21,650,216$18,593,290$27,149,554
80$39,321,065$22,626,986$19,132,075$28,981,366
81$43,245,075$23,648,969$19,686,260$30,964,473
82$47,566,601$24,718,297$20,256,279$33,112,879
83$52,326,104$25,837,204$20,842,574$35,441,956
84$57,568,170$27,008,030$21,445,603$37,968,581
85$63,341,928$28,233,227$22,065,835$40,711,284
86$69,701,515$29,515,367$22,703,752$43,690,421
87$76,706,590$30,857,140$23,359,848$46,928,346
88$84,422,892$32,261,369$24,034,632$50,449,623
89$92,922,861$33,731,011$24,728,627$54,281,241
90$102,286,326$35,269,163$25,442,369$58,452,858
91$112,601,252$36,879,073$26,176,409$62,997,076
92$123,964,575$38,564,143$26,931,314$67,949,727
93$136,483,114$40,327,938$27,707,665$73,350,209
94$150,274,579$42,174,195$28,506,059$79,241,837
95$165,468,685$44,106,829$29,327,111$85,672,244
96$182,208,371$46,129,944$30,171,450$92,693,815
97$200,651,155$48,247,841$31,039,723$100,364,165
98$220,970,615$50,465,028$31,932,596$108,746,669
99$243,358,031$52,786,227$32,850,751$117,911,045
100$268,024,188$55,216,390$33,794,890$127,933,995