Can I retire at age 70 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,417,659
2 years$739,941$726,160$712,805$699,855$687,295$661,530
3 years$488,394$474,554$461,232$448,404$436,048$410,981
4 years$362,645$348,847$335,659$323,050$310,993$286,818
5 years$287,216$273,501$260,485$248,133$236,412$213,197
6 years$236,946$223,334$210,510$198,434$187,065$164,836
7 years$201,052$187,555$174,935$163,144$152,134$130,898
8 years$174,145$160,770$148,359$136,857$126,210$105,962
9 years$153,228$139,979$127,782$116,572$106,287$87,015
10 years$136,504$123,384$111,403$100,486$90,562$72,249
11 years$122,830$109,842$98,077$87,453$77,886$60,512
12 years$111,443$98,588$87,041$76,708$67,494$51,035
13 years$101,815$89,095$77,765$67,722$58,856$43,287
14 years$93,570$80,985$69,873$60,116$51,593$36,886
15 years$86,431$73,981$63,086$53,613$45,427$31,553
16 years$80,190$67,876$57,196$48,004$40,148$27,078
17 years$74,689$62,512$52,046$43,132$35,598$23,301
18 years$69,805$57,763$47,512$38,870$31,652$20,097
19 years$65,440$53,535$43,495$35,123$28,212$17,367
20 years$61,516$49,747$39,917$31,810$25,200$15,033
21 years$57,971$46,337$36,716$28,870$22,551$13,031
22 years$54,752$43,254$33,840$26,249$20,214$11,310
23 years$51,818$40,455$31,245$23,906$18,145$9,827
24 years$49,132$37,903$28,896$21,803$16,309$8,545
25 years$46,665$35,571$26,764$19,912$14,676$7,437
26 years$44,391$33,431$24,822$18,207$13,219$6,477
27 years$42,289$31,462$23,049$16,665$11,918$5,644
28 years$40,341$29,647$21,427$15,269$10,754$4,921
29 years$38,530$27,968$19,940$14,002$9,711$4,292
30 years$36,844$26,413$18,573$12,850$8,774$3,745
31 years$35,269$24,969$17,315$11,802$7,933$3,269
32 years$33,796$23,626$16,156$10,846$7,176$2,854
33 years$32,414$22,374$15,085$9,974$6,494$2,493
34 years$31,117$21,205$14,094$9,177$5,880$2,178
35 years$29,897$20,113$13,177$8,448$5,325$1,903
36 years$28,747$19,090$12,327$7,780$4,825$1,663
37 years$27,662$18,131$11,538$7,168$4,373$1,453
38 years$26,636$17,231$10,805$6,607$3,965$1,270
39 years$25,665$16,385$10,123$6,092$3,595$1,110
40 years$24,746$15,589$9,488$5,619$3,261$971
41 years$23,873$14,839$8,897$5,184$2,959$849
42 years$23,044$14,133$8,345$4,785$2,685$742
43 years$22,256$13,465$7,831$4,417$2,436$649
44 years$21,505$12,835$7,351$4,078$2,212$568
45 years$20,790$12,240$6,902$3,766$2,008$496
46 years$20,109$11,676$6,483$3,479$1,823$434
47 years$19,458$11,143$6,090$3,214$1,655$380
48 years$18,836$10,637$5,723$2,970$1,503$332
49 years$18,241$10,158$5,379$2,745$1,365$291
50 years$17,672$9,703$5,058$2,537$1,240$254

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $18,100,000, adding $4,658 every year, while hoping to spend $31,402 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: 58/32/10 Blend
69$18,100,000$18,100,000$18,100,000$18,100,000
70$19,951,005$18,991,705$18,711,155$21,060,442
71$21,952,596$19,888,887$19,304,567$22,705,262
72$24,157,297$20,828,978$19,916,806$24,493,346
73$26,585,791$21,814,049$20,548,469$26,441,578
74$29,260,873$22,846,268$21,200,174$28,565,320
75$32,207,657$23,927,910$21,872,555$30,881,453
76$35,453,822$25,061,362$22,566,270$33,408,538
77$39,029,867$26,249,124$23,281,995$36,166,977
78$42,969,401$27,493,818$24,020,429$39,179,204
79$47,309,460$28,798,195$24,782,293$42,469,890
80$52,090,855$30,165,137$25,568,331$46,066,165
81$57,358,562$31,597,669$26,379,309$49,997,868
82$63,162,140$33,098,959$27,216,021$54,297,822
83$69,556,202$34,672,332$28,079,281$59,002,135
84$76,600,932$36,321,273$28,969,934$64,150,529
85$84,362,649$38,049,438$29,888,849$69,786,711
86$92,914,436$39,860,657$30,836,923$75,958,772
87$102,336,830$41,758,951$31,815,081$82,719,632
88$112,718,579$43,748,532$32,824,279$90,127,530
89$124,157,484$45,833,820$33,865,502$98,246,559
90$136,761,317$48,019,447$34,939,766$107,147,266
91$150,648,845$50,310,273$36,048,122$116,907,299
92$165,950,943$52,711,392$37,191,650$127,612,133
93$182,811,836$55,228,148$38,371,467$139,355,858
94$201,390,459$57,866,142$39,588,727$152,242,059
95$221,861,953$60,631,250$40,844,616$166,384,774
96$244,419,324$63,529,633$42,140,363$181,909,562
97$269,275,262$66,567,752$43,477,231$198,954,662
98$296,664,148$69,752,381$44,856,528$217,672,294
99$326,844,268$73,090,626$46,279,599$238,230,066
100$360,100,253$76,589,936$47,747,836$260,812,548