Can I retire at age 70 with 15,100,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $15,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$1,246,944$1,235,837$1,225,000$1,214,423$1,204,095$1,157,693
2 years$617,299$605,802$594,660$583,857$573,379$527,183
3 years$407,445$395,899$384,785$374,083$363,775$319,239
4 years$302,538$291,027$280,025$269,506$259,447$216,910
5 years$239,611$228,169$217,311$207,006$197,228$156,799
6 years$197,673$186,317$175,619$165,545$156,060$117,767
7 years$167,729$156,469$145,940$136,103$126,918$90,748
8 years$145,281$134,123$123,769$114,174$105,291$71,209
9 years$127,831$116,778$106,602$97,251$88,670$56,627
10 years$113,879$102,934$92,938$83,831$75,551$45,487
11 years$102,471$91,636$81,821$72,958$64,977$36,823
12 years$92,972$82,248$72,614$63,994$56,307$29,991
13 years$84,940$74,328$64,876$56,497$49,101$24,544
14 years$78,061$67,562$58,292$50,152$43,042$20,165
15 years$72,105$61,719$52,629$44,727$37,897$16,618
16 years$66,899$56,626$47,716$40,048$33,494$13,730
17 years$62,310$52,150$43,420$35,983$29,698$11,367
18 years$58,235$48,189$39,637$32,428$26,406$9,427
19 years$54,593$44,661$36,286$29,301$23,536$7,829
20 years$51,320$41,502$33,301$26,538$21,023$6,509
21 years$48,362$38,657$30,631$24,085$18,813$5,417
22 years$45,677$36,085$28,231$21,899$16,863$4,511
23 years$43,229$33,750$26,066$19,943$15,138$3,760
24 years$40,988$31,621$24,107$18,190$13,606$3,135
25 years$38,930$29,675$22,328$16,612$12,243$2,615
26 years$37,033$27,890$20,708$15,189$11,028$2,183
27 years$35,280$26,247$19,229$13,903$9,943$1,822
28 years$33,655$24,733$17,876$12,738$8,972$1,522
29 years$32,144$23,333$16,635$11,681$8,101$1,271
30 years$30,737$22,035$15,495$10,720$7,320$1,062
31 years$29,423$20,830$14,445$9,846$6,618$887
32 years$28,194$19,710$13,478$9,048$5,986$741
33 years$27,042$18,666$12,584$8,321$5,418$619
34 years$25,960$17,691$11,758$7,656$4,905$518
35 years$24,942$16,779$10,993$7,048$4,443$433
36 years$23,982$15,926$10,284$6,491$4,025$362
37 years$23,077$15,126$9,625$5,980$3,648$302
38 years$22,221$14,375$9,014$5,512$3,308$253
39 years$21,411$13,669$8,445$5,083$2,999$211
40 years$20,644$13,005$7,915$4,688$2,721$177
41 years$19,916$12,380$7,422$4,325$2,468$148
42 years$19,225$11,790$6,962$3,992$2,240$123
43 years$18,567$11,234$6,533$3,685$2,033$103
44 years$17,941$10,708$6,132$3,402$1,845$86
45 years$17,345$10,211$5,758$3,142$1,675$72
46 years$16,776$9,741$5,408$2,902$1,521$60
47 years$16,233$9,296$5,081$2,681$1,381$50
48 years$15,714$8,874$4,775$2,478$1,254$42
49 years$15,218$8,474$4,488$2,290$1,139$35
50 years$14,743$8,095$4,219$2,117$1,035$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $15,100,000, adding $4,563 every year, while hoping to spend $32,720 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: 50/25/25 Blend
69$15,100,000$15,100,000$15,100,000$15,100,000
70$16,644,907$15,844,607$15,610,557$17,359,632
71$18,307,873$16,586,179$16,098,697$18,599,358
72$20,139,366$17,362,991$16,602,092$19,942,373
73$22,156,540$18,176,736$17,121,221$21,401,451
74$24,378,298$19,029,187$17,656,573$22,987,601
75$26,825,473$19,922,206$18,208,657$24,712,918
76$29,521,017$20,857,740$18,777,993$26,590,699
77$32,490,227$21,837,835$19,365,122$28,635,554
78$35,760,975$22,864,634$19,970,598$30,863,549
79$39,363,977$23,940,384$20,594,996$33,292,345
80$43,333,080$25,067,440$21,238,905$35,941,362
81$47,705,581$26,248,271$21,902,936$38,831,956
82$52,522,583$27,485,469$22,587,716$41,987,616
83$57,829,375$28,781,746$23,293,894$45,434,176
84$63,675,870$30,139,950$24,022,138$49,200,058
85$70,117,066$31,563,065$24,773,136$53,316,525
86$77,213,571$33,054,219$25,547,601$57,817,978
87$85,032,173$34,616,694$26,346,263$62,742,267
88$93,646,471$36,253,928$27,169,880$68,131,041
89$103,137,570$37,969,530$28,019,230$74,030,136
90$113,594,845$39,767,279$28,895,116$80,489,999
91$125,116,784$41,651,141$29,798,368$87,566,150
92$137,811,922$43,625,273$30,729,839$95,319,702
93$151,799,861$45,694,034$31,690,412$103,817,928
94$167,212,401$47,861,995$32,680,994$113,134,882
95$184,194,781$50,133,948$33,702,523$123,352,090
96$202,907,055$52,514,919$34,755,964$134,559,311
97$223,525,600$55,010,175$35,842,314$146,855,367
98$246,244,781$57,625,243$36,962,601$160,349,067
99$271,278,785$60,365,916$38,117,884$175,160,223
100$298,863,643$63,238,269$39,309,256$191,420,762