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%17.5%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,399,360
2 years$739,941$726,160$712,805$699,855$687,295$643,384
3 years$488,394$474,554$461,232$448,404$436,048$393,562
4 years$362,645$348,847$335,659$323,050$310,993$270,258
5 years$287,216$273,501$260,485$248,133$236,412$197,539
6 years$236,946$223,334$210,510$198,434$187,065$150,087
7 years$201,052$187,555$174,935$163,144$152,134$117,049
8 years$174,145$160,770$148,359$136,857$126,210$92,996
9 years$153,228$139,979$127,782$116,572$106,287$74,909
10 years$136,504$123,384$111,403$100,486$90,562$60,974
11 years$122,830$109,842$98,077$87,453$77,886$50,038
12 years$111,443$98,588$87,041$76,708$67,494$41,327
13 years$101,815$89,095$77,765$67,722$58,856$34,310
14 years$93,570$80,985$69,873$60,116$51,593$28,603
15 years$86,431$73,981$63,086$53,613$45,427$23,927
16 years$80,190$67,876$57,196$48,004$40,148$20,071
17 years$74,689$62,512$52,046$43,132$35,598$16,876
18 years$69,805$57,763$47,512$38,870$31,652$14,217
19 years$65,440$53,535$43,495$35,123$28,212$11,995
20 years$61,516$49,747$39,917$31,810$25,200$10,135
21 years$57,971$46,337$36,716$28,870$22,551$8,573
22 years$54,752$43,254$33,840$26,249$20,214$7,258
23 years$51,818$40,455$31,245$23,906$18,145$6,150
24 years$49,132$37,903$28,896$21,803$16,309$5,214
25 years$46,665$35,571$26,764$19,912$14,676$4,424
26 years$44,391$33,431$24,822$18,207$13,219$3,755
27 years$42,289$31,462$23,049$16,665$11,918$3,188
28 years$40,341$29,647$21,427$15,269$10,754$2,708
29 years$38,530$27,968$19,940$14,002$9,711$2,301
30 years$36,844$26,413$18,573$12,850$8,774$1,956
31 years$35,269$24,969$17,315$11,802$7,933$1,662
32 years$33,796$23,626$16,156$10,846$7,176$1,413
33 years$32,414$22,374$15,085$9,974$6,494$1,202
34 years$31,117$21,205$14,094$9,177$5,880$1,022
35 years$29,897$20,113$13,177$8,448$5,325$869
36 years$28,747$19,090$12,327$7,780$4,825$739
37 years$27,662$18,131$11,538$7,168$4,373$629
38 years$26,636$17,231$10,805$6,607$3,965$535
39 years$25,665$16,385$10,123$6,092$3,595$455
40 years$24,746$15,589$9,488$5,619$3,261$387
41 years$23,873$14,839$8,897$5,184$2,959$330
42 years$23,044$14,133$8,345$4,785$2,685$280
43 years$22,256$13,465$7,831$4,417$2,436$239
44 years$21,505$12,835$7,351$4,078$2,212$203
45 years$20,790$12,240$6,902$3,766$2,008$173
46 years$20,109$11,676$6,483$3,479$1,823$147
47 years$19,458$11,143$6,090$3,214$1,655$125
48 years$18,836$10,637$5,723$2,970$1,503$106
49 years$18,241$10,158$5,379$2,745$1,365$91
50 years$17,672$9,703$5,058$2,537$1,240$77

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 $3,786 every year, while hoping to spend $30,215 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: 37/35/28 Blend
69$18,100,000$18,100,000$18,100,000$18,100,000
70$19,950,105$18,990,805$18,710,255$20,521,053
71$21,952,867$19,889,206$19,304,900$21,841,902
72$24,158,899$20,830,616$19,918,453$23,264,643
73$26,588,901$21,817,110$20,551,516$24,800,906
74$29,265,685$22,850,866$21,204,708$26,460,972
75$32,214,390$23,934,163$21,878,671$28,256,113
76$35,462,717$25,069,396$22,574,066$30,198,693
77$39,041,191$26,259,073$23,291,573$32,302,278
78$42,983,449$27,505,824$24,031,897$34,581,752
79$47,326,559$28,812,408$24,795,764$37,053,453
80$52,111,368$30,181,716$25,583,923$39,735,313
81$57,382,889$31,616,782$26,397,146$42,647,024
82$63,190,725$33,120,785$27,236,231$45,810,209
83$69,589,535$34,697,060$28,102,001$49,248,618
84$76,639,555$36,349,103$28,995,305$52,988,339
85$84,407,161$38,080,581$29,917,020$57,058,038
86$92,965,500$39,895,338$30,868,048$61,489,212
87$102,395,177$41,797,405$31,849,324$66,316,478
88$112,785,017$43,791,010$32,861,808$71,577,883
89$124,232,906$45,880,586$33,906,496$77,315,255
90$136,846,709$48,070,782$34,984,410$83,574,578
91$150,745,295$50,366,472$36,096,609$90,406,415
92$166,059,653$52,772,767$37,244,184$97,866,370
93$182,934,134$55,295,029$38,428,260$106,015,591
94$201,527,808$57,938,878$39,650,000$114,921,341
95$222,015,970$60,710,209$40,910,600$124,657,604
96$244,591,794$63,615,203$42,211,300$135,305,772
97$269,468,152$66,660,343$43,553,374$146,955,392
98$296,879,630$69,852,427$44,938,139$159,704,991
99$327,084,740$73,198,584$46,366,954$173,662,985
100$360,368,358$76,706,289$47,841,221$188,948,680