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%13.1%
1 years$1,147,849$1,137,625$1,127,649$1,117,913$1,108,406$1,094,101
2 years$568,242$557,659$547,403$537,458$527,812$513,422
3 years$375,065$364,436$354,206$344,355$334,866$320,836
4 years$278,495$267,899$257,771$248,088$238,829$225,268
5 years$220,569$210,036$200,041$190,555$181,554$168,501
6 years$181,964$171,510$161,663$152,389$143,658$131,128
7 years$154,399$144,034$134,343$125,287$116,832$104,831
8 years$133,736$123,464$113,933$105,100$96,923$85,450
9 years$117,672$107,498$98,131$89,522$81,624$70,672
10 years$104,829$94,754$85,552$77,169$69,547$59,111
11 years$94,328$84,354$75,319$67,160$59,813$49,881
12 years$85,583$75,711$66,844$58,908$51,833$42,395
13 years$78,190$68,421$59,720$52,007$45,199$36,243
14 years$71,858$62,193$53,659$46,166$39,621$31,133
15 years$66,375$56,814$48,447$41,172$34,886$26,851
16 years$61,582$52,126$43,924$36,865$30,832$23,237
17 years$57,358$48,006$39,969$33,123$27,338$20,167
18 years$53,607$44,360$36,487$29,851$24,308$17,545
19 years$50,255$41,112$33,402$26,973$21,666$15,296
20 years$47,242$38,203$30,655$24,429$19,352$13,359
21 years$44,519$35,585$28,196$22,171$17,318$11,686
22 years$42,047$33,217$25,987$20,158$15,523$10,235
23 years$39,794$31,067$23,995$18,359$13,935$8,976
24 years$37,731$29,108$22,191$16,744$12,525$7,879
25 years$35,836$27,317$20,553$15,292$11,270$6,922
26 years$34,090$25,673$19,062$13,982$10,152$6,086
27 years$32,476$24,161$17,701$12,798$9,153$5,355
28 years$30,980$22,767$16,455$11,726$8,259$4,714
29 years$29,590$21,478$15,313$10,753$7,457$4,153
30 years$28,294$20,284$14,264$9,868$6,738$3,659
31 years$27,085$19,175$13,297$9,063$6,092$3,226
32 years$25,954$18,144$12,407$8,329$5,511$2,845
33 years$24,893$17,182$11,584$7,660$4,987$2,510
34 years$23,897$16,285$10,824$7,047$4,515$2,214
35 years$22,960$15,446$10,119$6,488$4,090$1,954
36 years$22,076$14,660$9,466$5,975$3,705$1,725
37 years$21,243$13,924$8,860$5,505$3,358$1,523
38 years$20,455$13,233$8,297$5,074$3,045$1,345
39 years$19,710$12,583$7,774$4,679$2,761$1,188
40 years$19,003$11,972$7,286$4,315$2,504$1,050
41 years$18,333$11,396$6,832$3,981$2,272$927
42 years$17,697$10,853$6,409$3,674$2,062$819
43 years$17,091$10,341$6,014$3,392$1,871$724
44 years$16,515$9,857$5,645$3,132$1,698$640
45 years$15,966$9,400$5,301$2,892$1,542$565
46 years$15,442$8,967$4,978$2,672$1,400$500
47 years$14,943$8,557$4,677$2,468$1,271$441
48 years$14,465$8,169$4,395$2,281$1,154$390
49 years$14,008$7,801$4,131$2,108$1,048$345
50 years$13,571$7,452$3,884$1,948$952$305

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 $5,921 every year, while hoping to spend $43,945 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: 32/45/23 Blend
69$13,900,000$13,900,000$13,900,000$13,900,000
70$15,323,908$14,587,208$14,371,758$15,705,572
71$16,840,189$15,255,224$14,806,454$16,662,238
72$18,509,658$15,954,500$15,254,240$17,687,586
73$20,347,894$16,686,521$15,715,508$18,791,113
74$22,372,063$17,452,844$16,190,661$19,979,702
75$24,601,081$18,255,100$16,680,116$21,260,895
76$27,055,791$19,095,000$17,184,300$22,642,950
77$29,759,161$19,974,335$17,703,653$24,134,917
78$32,736,501$20,894,983$18,238,632$25,746,716
79$36,015,701$21,858,913$18,789,702$27,489,222
80$39,627,490$22,868,188$19,357,345$29,374,361
81$43,605,735$23,924,971$19,942,057$31,415,214
82$47,987,753$25,031,527$20,544,349$33,626,132
83$52,814,665$26,190,233$21,164,746$36,022,862
84$58,131,785$27,403,579$21,803,789$38,622,688
85$63,989,047$28,674,174$22,462,036$41,444,583
86$70,441,476$30,004,755$23,140,060$44,509,380
87$77,549,708$31,398,189$23,838,453$47,839,955
88$85,380,560$32,857,482$24,557,823$51,461,435
89$94,007,663$34,385,785$25,298,797$55,401,421
90$103,512,158$35,986,401$26,062,019$59,690,239
91$113,983,455$37,662,792$26,848,154$64,361,212
92$125,520,086$39,418,588$27,657,886$69,450,961
93$138,230,629$41,257,592$28,491,919$74,999,739
94$152,234,733$43,183,794$29,350,978$81,051,794
95$167,664,249$45,201,374$30,235,810$87,655,774
96$184,664,477$47,314,715$31,147,183$94,865,168
97$203,395,529$49,528,411$32,085,889$102,738,796
98$224,033,849$51,847,280$33,052,743$111,341,348
99$246,773,876$54,276,371$34,048,584$120,743,972
100$271,829,875$56,820,977$35,074,276$131,024,932