Can I retire at age 70 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$146,991$145,681$144,404$143,157$141,940$141,282
2 years$72,768$71,412$70,099$68,826$67,590$66,927
3 years$48,030$46,669$45,359$44,097$42,882$42,233
4 years$35,663$34,307$33,010$31,770$30,584$29,954
5 years$28,246$26,897$25,617$24,402$23,249$22,641
6 years$23,302$21,963$20,702$19,515$18,396$17,810
7 years$19,772$18,445$17,204$16,044$14,961$14,397
8 years$17,126$15,810$14,590$13,459$12,412$11,870
9 years$15,069$13,766$12,566$11,464$10,453$9,933
10 years$13,424$12,134$10,956$9,882$8,906$8,408
11 years$12,079$10,802$9,645$8,600$7,660$7,183
12 years$10,960$9,695$8,560$7,544$6,638$6,183
13 years$10,013$8,762$7,648$6,660$5,788$5,354
14 years$9,202$7,964$6,871$5,912$5,074$4,660
15 years$8,500$7,275$6,204$5,272$4,467$4,074
16 years$7,886$6,675$5,625$4,721$3,948$3,574
17 years$7,345$6,148$5,118$4,242$3,501$3,145
18 years$6,865$5,681$4,672$3,823$3,113$2,775
19 years$6,436$5,265$4,277$3,454$2,774$2,455
20 years$6,050$4,892$3,926$3,128$2,478$2,175
21 years$5,701$4,557$3,611$2,839$2,218$1,931
22 years$5,384$4,254$3,328$2,581$1,988$1,717
23 years$5,096$3,978$3,073$2,351$1,784$1,529
24 years$4,832$3,728$2,842$2,144$1,604$1,363
25 years$4,589$3,498$2,632$1,958$1,443$1,216
26 years$4,366$3,288$2,441$1,790$1,300$1,086
27 years$4,159$3,094$2,267$1,639$1,172$971
28 years$3,967$2,916$2,107$1,502$1,058$869
29 years$3,789$2,750$1,961$1,377$955$778
30 years$3,623$2,598$1,827$1,264$863$696
31 years$3,468$2,456$1,703$1,161$780$624
32 years$3,324$2,323$1,589$1,067$706$559
33 years$3,188$2,200$1,483$981$639$502
34 years$3,060$2,085$1,386$902$578$450
35 years$2,940$1,978$1,296$831$524$404
36 years$2,827$1,877$1,212$765$475$363
37 years$2,720$1,783$1,135$705$430$326
38 years$2,619$1,695$1,063$650$390$293
39 years$2,524$1,611$995$599$354$263
40 years$2,434$1,533$933$553$321$236
41 years$2,348$1,459$875$510$291$212
42 years$2,266$1,390$821$471$264$191
43 years$2,189$1,324$770$434$240$172
44 years$2,115$1,262$723$401$217$154
45 years$2,045$1,204$679$370$197$139
46 years$1,978$1,148$638$342$179$125
47 years$1,914$1,096$599$316$163$112
48 years$1,852$1,046$563$292$148$101
49 years$1,794$999$529$270$134$91
50 years$1,738$954$497$250$122$82

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $1,780,000, adding $3,839 every year, while hoping to spend $51,292 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: 52/20/28 Blend
69$1,780,000$1,780,000$1,780,000$1,780,000
70$1,965,520$1,871,180$1,843,590$2,052,107
71$2,111,429$1,908,293$1,850,776$2,149,812
72$2,270,501$1,945,506$1,856,484$2,250,550
73$2,444,025$1,982,770$1,860,609$2,359,126
74$2,633,420$2,020,030$1,863,044$2,476,311
75$2,840,247$2,057,229$1,863,673$2,602,953
76$3,066,223$2,094,304$1,862,378$2,739,991
77$3,313,242$2,131,189$1,859,031$2,888,458
78$3,583,386$2,167,811$1,853,502$3,049,494
79$3,878,949$2,204,091$1,845,652$3,224,357
80$4,202,456$2,239,945$1,835,335$3,414,436
81$4,556,688$2,275,284$1,822,401$3,621,260
82$4,944,708$2,310,011$1,806,689$3,846,519
83$5,369,887$2,344,021$1,788,032$4,092,075
84$5,835,941$2,377,203$1,766,256$4,359,982
85$6,346,959$2,409,438$1,741,178$4,652,508
86$6,907,448$2,440,599$1,712,606$4,972,152
87$7,522,369$2,470,550$1,680,340$5,321,670
88$8,197,188$2,499,144$1,644,169$5,704,104
89$8,937,926$2,526,228$1,603,874$6,122,809
90$9,751,215$2,551,633$1,559,224$6,581,482
91$10,644,361$2,575,185$1,509,980$7,084,205
92$11,625,411$2,596,695$1,455,890$7,635,477
93$12,703,231$2,615,961$1,396,690$8,240,260
94$13,887,587$2,632,770$1,332,106$8,904,026
95$15,189,240$2,646,894$1,261,850$9,632,811
96$16,620,042$2,658,092$1,185,622$10,433,270
97$18,193,053$2,666,105$1,103,107$11,312,741
98$19,922,662$2,670,661$1,013,978$12,279,317
99$21,824,718$2,671,469$917,892$13,341,923
100$23,916,688$2,668,219$814,489$14,510,397