Can I retire at age 70 with 14,000,000?

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 $14,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$1,156,107$1,145,809$1,135,762$1,125,955$1,116,380$1,108,879
2 years$572,330$561,671$551,341$541,325$531,609$524,045
3 years$377,763$367,058$356,754$346,832$337,275$329,881
4 years$280,499$269,827$259,625$249,873$240,547$233,380
5 years$222,156$211,547$201,480$191,926$182,860$175,941
6 years$183,273$172,744$162,826$153,485$144,691$138,029
7 years$155,510$145,070$135,309$126,189$117,673$111,271
8 years$134,698$124,352$114,753$105,856$97,621$91,480
9 years$118,519$108,271$98,837$90,166$82,211$76,329
10 years$105,583$95,436$86,168$77,724$70,048$64,422
11 years$95,006$84,961$75,861$67,643$60,243$54,869
12 years$86,199$76,256$67,325$59,332$52,206$47,078
13 years$78,752$68,913$60,150$52,381$45,524$40,639
14 years$72,375$62,640$54,045$46,498$39,906$35,257
15 years$66,852$57,223$48,795$41,468$35,137$30,717
16 years$62,025$52,501$44,240$37,130$31,054$26,858
17 years$57,770$48,351$40,257$33,361$27,535$23,555
18 years$53,993$44,679$36,749$30,065$24,482$20,712
19 years$50,616$41,408$33,642$27,167$21,822$18,254
20 years$47,582$38,478$30,875$24,605$19,492$16,119
21 years$44,839$35,841$28,399$22,330$17,443$14,258
22 years$42,350$33,456$26,174$20,303$15,635$12,630
23 years$40,080$31,291$24,167$18,491$14,035$11,203
24 years$38,003$29,318$22,351$16,865$12,615$9,948
25 years$36,094$27,513$20,701$15,402$11,351$8,843
26 years$34,335$25,858$19,199$14,082$10,225$7,868
27 years$32,710$24,335$17,828$12,890$9,219$7,006
28 years$31,203$22,931$16,574$11,810$8,318$6,242
29 years$29,803$21,633$15,423$10,830$7,511$5,565
30 years$28,498$20,430$14,366$9,939$6,787$4,964
31 years$27,280$19,313$13,393$9,128$6,136$4,431
32 years$26,140$18,274$12,496$8,389$5,550$3,956
33 years$25,072$17,306$11,668$7,715$5,023$3,533
34 years$24,069$16,402$10,902$7,098$4,548$3,157
35 years$23,125$15,557$10,192$6,534$4,119$2,822
36 years$22,235$14,766$9,535$6,018$3,732$2,523
37 years$21,396$14,024$8,924$5,545$3,383$2,256
38 years$20,602$13,328$8,357$5,111$3,067$2,018
39 years$19,852$12,674$7,830$4,712$2,781$1,805
40 years$19,140$12,058$7,339$4,346$2,522$1,615
41 years$18,465$11,478$6,881$4,010$2,288$1,445
42 years$17,824$10,931$6,455$3,701$2,076$1,294
43 years$17,214$10,415$6,057$3,416$1,885$1,158
44 years$16,634$9,928$5,686$3,154$1,711$1,037
45 years$16,081$9,467$5,339$2,913$1,553$928
46 years$15,554$9,031$5,014$2,691$1,410$831
47 years$15,050$8,619$4,711$2,486$1,280$744
48 years$14,569$8,228$4,427$2,297$1,163$666
49 years$14,109$7,857$4,161$2,123$1,056$597
50 years$13,669$7,505$3,912$1,962$959$534

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $14,000,000, adding $3,950 every year, while hoping to spend $54,055 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: 77/14/9 Blend
69$14,000,000$14,000,000$14,000,000$14,000,000
70$15,432,074$14,690,074$14,473,074$16,597,970
71$16,948,632$15,352,374$14,900,408$18,027,288
72$18,618,067$16,045,315$15,340,246$19,586,707
73$20,455,915$16,770,340$15,792,950$21,294,946
74$22,479,296$17,528,965$16,258,892$23,166,787
75$24,707,074$18,322,774$16,738,454$25,218,507
76$27,160,034$19,153,428$17,232,031$27,468,023
77$29,861,080$20,022,669$17,740,026$29,935,064
78$32,835,451$20,932,320$18,262,858$32,641,352
79$36,110,956$21,884,294$18,800,953$35,610,806
80$39,718,242$22,880,592$19,354,753$38,869,765
81$43,691,075$23,923,314$19,924,710$42,447,234
82$48,066,667$25,014,658$20,511,290$46,375,153
83$52,886,021$26,156,931$21,114,973$50,688,698
84$58,194,321$27,352,546$21,736,250$55,426,612
85$64,041,356$28,604,035$22,375,628$60,631,560
86$70,481,992$29,914,050$23,033,629$66,350,537
87$77,576,688$31,285,371$23,710,789$72,635,303
88$85,392,066$32,720,911$24,407,657$79,542,871
89$94,001,545$34,223,723$25,124,801$87,136,037
90$103,486,023$35,797,007$25,862,803$95,483,974
91$113,934,653$37,444,115$26,622,262$104,662,879
92$125,445,674$39,168,564$27,403,794$114,756,685
93$138,127,345$40,974,035$28,208,033$125,857,855
94$152,098,962$42,864,390$29,035,630$138,068,244
95$167,491,986$44,843,676$29,887,254$151,500,059
96$184,451,285$46,916,132$30,763,593$166,276,914
97$203,136,499$49,086,205$31,665,356$182,534,987
98$223,723,546$51,358,554$32,593,270$200,424,307
99$246,406,287$53,738,063$33,548,084$220,110,156
100$271,398,351$56,229,850$34,530,567$241,774,633