Can I retire at age 70 with 1,750,000?

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 $1,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$144,513$143,226$141,970$140,744$139,547$138,205
2 years$71,541$70,209$68,918$67,666$66,451$65,099
3 years$47,220$45,882$44,594$43,354$42,159$40,839
4 years$35,062$33,728$32,453$31,234$30,068$28,790
5 years$27,769$26,443$25,185$23,991$22,858$21,626
6 years$22,909$21,593$20,353$19,186$18,086$16,902
7 years$19,439$18,134$16,914$15,774$14,709$13,573
8 years$16,837$15,544$14,344$13,232$12,203$11,114
9 years$14,815$13,534$12,355$11,271$10,276$9,235
10 years$13,198$11,929$10,771$9,716$8,756$7,762
11 years$11,876$10,620$9,483$8,455$7,530$6,583
12 years$10,775$9,532$8,416$7,417$6,526$5,623
13 years$9,844$8,614$7,519$6,548$5,691$4,832
14 years$9,047$7,830$6,756$5,812$4,988$4,173
15 years$8,357$7,153$6,099$5,184$4,392$3,619
16 years$7,753$6,563$5,530$4,641$3,882$3,149
17 years$7,221$6,044$5,032$4,170$3,442$2,748
18 years$6,749$5,585$4,594$3,758$3,060$2,405
19 years$6,327$5,176$4,205$3,396$2,728$2,109
20 years$5,948$4,810$3,859$3,076$2,436$1,852
21 years$5,605$4,480$3,550$2,791$2,180$1,630
22 years$5,294$4,182$3,272$2,538$1,954$1,437
23 years$5,010$3,911$3,021$2,311$1,754$1,267
24 years$4,750$3,665$2,794$2,108$1,577$1,119
25 years$4,512$3,439$2,588$1,925$1,419$990
26 years$4,292$3,232$2,400$1,760$1,278$876
27 years$4,089$3,042$2,229$1,611$1,152$775
28 years$3,900$2,866$2,072$1,476$1,040$687
29 years$3,725$2,704$1,928$1,354$939$609
30 years$3,562$2,554$1,796$1,242$848$540
31 years$3,410$2,414$1,674$1,141$767$479
32 years$3,268$2,284$1,562$1,049$694$426
33 years$3,134$2,163$1,458$964$628$378
34 years$3,009$2,050$1,363$887$568$336
35 years$2,891$1,945$1,274$817$515$298
36 years$2,779$1,846$1,192$752$467$265
37 years$2,674$1,753$1,116$693$423$236
38 years$2,575$1,666$1,045$639$383$210
39 years$2,481$1,584$979$589$348$186
40 years$2,393$1,507$917$543$315$166
41 years$2,308$1,435$860$501$286$147
42 years$2,228$1,366$807$463$260$131
43 years$2,152$1,302$757$427$236$117
44 years$2,079$1,241$711$394$214$104
45 years$2,010$1,183$667$364$194$92
46 years$1,944$1,129$627$336$176$82
47 years$1,881$1,077$589$311$160$73
48 years$1,821$1,028$553$287$145$65
49 years$1,764$982$520$265$132$58
50 years$1,709$938$489$245$120$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $1,750,000, adding $6,425 every year, while hoping to spend $37,406 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: 70/19/11 Blend
69$1,750,000$1,750,000$1,750,000$1,750,000
70$1,935,127$1,842,377$1,815,252$2,065,769
71$2,092,711$1,892,854$1,836,264$2,203,696
72$2,265,114$1,944,551$1,856,725$2,349,424
73$2,453,809$1,997,487$1,876,579$2,507,900
74$2,660,417$2,051,683$1,895,764$2,680,373
75$2,886,723$2,107,160$1,914,215$2,868,216
76$3,134,693$2,163,935$1,931,866$3,072,942
77$3,406,492$2,222,028$1,948,644$3,296,218
78$3,704,504$2,281,457$1,964,474$3,539,876
79$4,031,356$2,342,241$1,979,276$3,805,939
80$4,389,941$2,404,397$1,992,968$4,096,631
81$4,783,443$2,467,941$2,005,460$4,414,404
82$5,215,373$2,532,889$2,016,662$4,761,958
83$5,689,597$2,599,256$2,026,476$5,142,266
84$6,210,372$2,667,056$2,034,799$5,558,605
85$6,782,390$2,736,302$2,041,526$6,014,584
86$7,410,819$2,807,006$2,046,542$6,514,180
87$8,101,351$2,879,178$2,049,729$7,061,772
88$8,860,259$2,952,827$2,050,965$7,662,186
89$9,694,450$3,027,961$2,050,117$8,320,740
90$10,611,539$3,104,585$2,047,051$9,043,290
91$11,619,910$3,182,705$2,041,621$9,836,291
92$12,728,804$3,262,320$2,033,679$10,706,854
93$13,948,401$3,343,433$2,023,066$11,662,814
94$15,289,916$3,426,039$2,009,617$12,712,803
95$16,765,707$3,510,135$1,993,159$13,866,335
96$18,389,390$3,595,712$1,973,511$15,133,889
97$20,175,967$3,682,761$1,950,482$16,527,015
98$22,141,966$3,771,267$1,923,873$18,058,439
99$24,305,600$3,861,213$1,893,477$19,742,183
100$26,686,938$3,952,579$1,859,075$21,593,698