Can I retire at age 70 with 17,500,000?

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 $17,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,387,262
2 years$715,413$702,089$689,176$676,656$664,512$656,226
3 years$472,204$458,823$445,942$433,540$421,594$413,491
4 years$350,624$337,283$324,532$312,341$300,684$292,828
5 years$277,695$264,434$251,850$239,908$228,575$220,988
6 years$229,091$215,930$203,532$191,856$180,864$173,556
7 years$194,388$181,338$169,136$157,736$147,091$140,065
8 years$168,372$155,440$143,441$132,321$122,026$115,283
9 years$148,149$135,339$123,546$112,708$102,763$96,302
10 years$131,979$119,294$107,710$97,155$87,560$81,376
11 years$118,758$106,201$94,826$84,554$75,304$69,395
12 years$107,749$95,320$84,156$74,165$65,257$59,616
13 years$98,440$86,142$75,188$65,477$56,905$51,528
14 years$90,468$78,300$67,556$58,123$49,883$44,762
15 years$83,566$71,529$60,994$51,836$43,921$39,050
16 years$77,532$65,626$55,300$46,413$38,817$34,190
17 years$72,213$60,439$50,321$41,702$34,418$30,027
18 years$67,491$55,849$45,937$37,582$30,603$26,441
19 years$63,271$51,760$42,053$33,958$27,277$23,336
20 years$59,477$48,098$38,594$30,756$24,364$20,636
21 years$56,049$44,801$35,499$27,913$21,803$18,280
22 years$52,937$41,820$32,718$25,379$19,544$16,218
23 years$50,100$39,114$30,209$23,113$17,544$14,407
24 years$47,503$36,647$27,938$21,081$15,769$12,813
25 years$45,118$34,391$25,877$19,252$14,189$11,407
26 years$42,919$32,322$23,999$17,603$12,781$10,165
27 years$40,887$30,419$22,285$16,113$11,523$9,065
28 years$39,004$28,664$20,717$14,763$10,398$8,090
29 years$37,253$27,041$19,279$13,538$9,389$7,224
30 years$35,622$25,537$17,958$12,424$8,483$6,455
31 years$34,100$24,141$16,741$11,411$7,670$5,770
32 years$32,675$22,843$15,620$10,487$6,938$5,160
33 years$31,340$21,632$14,585$9,643$6,279$4,617
34 years$30,086$20,502$13,627$8,873$5,685$4,132
35 years$28,906$19,446$12,740$8,168$5,149$3,699
36 years$27,794$18,457$11,918$7,522$4,665$3,313
37 years$26,745$17,530$11,155$6,931$4,228$2,967
38 years$25,753$16,660$10,446$6,388$3,833$2,659
39 years$24,815$15,842$9,787$5,890$3,476$2,383
40 years$23,925$15,072$9,173$5,433$3,153$2,135
41 years$23,082$14,347$8,602$5,013$2,860$1,914
42 years$22,280$13,664$8,069$4,626$2,596$1,716
43 years$21,518$13,019$7,571$4,270$2,356$1,539
44 years$20,792$12,410$7,107$3,943$2,138$1,380
45 years$20,101$11,834$6,673$3,641$1,941$1,238
46 years$19,442$11,289$6,268$3,364$1,762$1,110
47 years$18,813$10,773$5,888$3,108$1,600$996
48 years$18,211$10,285$5,534$2,872$1,453$893
49 years$17,636$9,821$5,201$2,654$1,320$801
50 years$17,086$9,382$4,890$2,453$1,199$719

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $17,500,000, adding $6,104 every year, while hoping to spend $49,702 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: 64/25/11 Blend
69$17,500,000$17,500,000$17,500,000$17,500,000
70$19,291,296$18,363,796$18,092,546$20,478,011
71$21,206,126$19,210,740$18,645,764$22,118,312
72$23,314,602$20,097,518$19,215,849$23,902,881
73$25,636,425$21,026,029$19,803,313$25,850,844
74$28,193,302$21,998,266$20,408,685$27,978,092
75$31,009,151$23,016,314$21,032,509$30,302,105
76$34,110,332$24,082,360$21,675,345$32,842,110
77$37,525,887$25,198,697$22,337,771$35,619,259
78$41,287,823$26,367,729$23,020,381$38,656,821
79$45,431,406$27,591,973$23,723,789$41,980,400
80$49,995,500$28,874,070$24,448,627$45,618,171
81$55,022,930$30,216,788$25,195,544$49,601,137
82$60,560,886$31,623,028$25,965,212$53,963,417
83$66,661,370$33,095,830$26,758,321$58,742,563
84$73,381,687$34,638,383$27,575,581$63,979,909
85$80,784,983$36,254,027$28,417,727$69,720,951
86$88,940,843$37,946,267$29,285,514$76,015,769
87$97,925,949$39,718,774$30,179,718$82,919,498
88$107,824,800$41,575,398$31,101,143$90,492,833
89$118,730,511$43,520,174$32,050,613$98,802,600
90$130,745,694$45,557,333$33,028,979$107,922,375
91$143,983,422$47,691,310$34,037,117$117,933,170
92$158,568,301$49,926,754$35,075,930$128,924,188
93$174,637,643$52,268,540$36,146,349$140,993,656
94$192,342,762$54,721,778$37,249,331$154,249,744
95$211,850,403$57,291,825$38,385,864$168,811,571
96$233,344,318$59,984,298$39,556,963$184,810,321
97$257,026,994$62,805,084$40,763,678$202,390,470
98$283,121,573$65,760,359$42,007,086$221,711,135
99$311,873,950$68,856,593$43,288,300$242,947,566
100$343,555,100$72,100,573$44,608,465$266,292,787