Can I retire at age 70 with 1,860,000?

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 $1,860,000?

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 years$153,597$152,229$150,894$149,591$148,319$147,694
2 years$76,038$74,622$73,250$71,919$70,628$69,997
3 years$50,189$48,766$47,397$46,079$44,809$44,192
4 years$37,266$35,848$34,493$33,197$31,958$31,359
5 years$29,515$28,106$26,768$25,499$24,294$23,715
6 years$24,349$22,950$21,633$20,392$19,223$18,665
7 years$20,661$19,274$17,977$16,765$15,634$15,097
8 years$17,896$16,521$15,246$14,064$12,970$12,454
9 years$15,746$14,385$13,131$11,979$10,922$10,427
10 years$14,027$12,679$11,448$10,326$9,306$8,832
11 years$12,622$11,288$10,079$8,987$8,004$7,550
12 years$11,452$10,131$8,945$7,883$6,936$6,503
13 years$10,463$9,156$7,991$6,959$6,048$5,635
14 years$9,615$8,322$7,180$6,178$5,302$4,908
15 years$8,882$7,602$6,483$5,509$4,668$4,293
16 years$8,241$6,975$5,878$4,933$4,126$3,769
17 years$7,675$6,424$5,348$4,432$3,658$3,319
18 years$7,173$5,936$4,882$3,994$3,253$2,931
19 years$6,725$5,501$4,470$3,609$2,899$2,594
20 years$6,322$5,112$4,102$3,269$2,590$2,300
21 years$5,957$4,762$3,773$2,967$2,317$2,044
22 years$5,626$4,445$3,477$2,697$2,077$1,819
23 years$5,325$4,157$3,211$2,457$1,865$1,620
24 years$5,049$3,895$2,969$2,241$1,676$1,446
25 years$4,795$3,655$2,750$2,046$1,508$1,291
26 years$4,562$3,435$2,551$1,871$1,358$1,154
27 years$4,346$3,233$2,369$1,713$1,225$1,032
28 years$4,146$3,047$2,202$1,569$1,105$924
29 years$3,959$2,874$2,049$1,439$998$828
30 years$3,786$2,714$1,909$1,321$902$742
31 years$3,624$2,566$1,779$1,213$815$666
32 years$3,473$2,428$1,660$1,115$737$597
33 years$3,331$2,299$1,550$1,025$667$536
34 years$3,198$2,179$1,448$943$604$481
35 years$3,072$2,067$1,354$868$547$432
36 years$2,954$1,962$1,267$800$496$389
37 years$2,843$1,863$1,186$737$449$349
38 years$2,737$1,771$1,110$679$407$314
39 years$2,637$1,684$1,040$626$369$282
40 years$2,543$1,602$975$577$335$254
41 years$2,453$1,525$914$533$304$228
42 years$2,368$1,452$858$492$276$205
43 years$2,287$1,384$805$454$250$185
44 years$2,210$1,319$755$419$227$166
45 years$2,136$1,258$709$387$206$150
46 years$2,066$1,200$666$358$187$135
47 years$2,000$1,145$626$330$170$121
48 years$1,936$1,093$588$305$154$109
49 years$1,874$1,044$553$282$140$98
50 years$1,816$997$520$261$127$89

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $1,860,000, adding $5,667 every year, while hoping to spend $28,813 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: 71/9/20 Blend
69$1,860,000$1,860,000$1,860,000$1,860,000
70$2,055,566$1,956,986$1,928,156$2,191,136
71$2,234,576$2,022,221$1,962,092$2,347,420
72$2,430,881$2,089,687$1,996,199$2,514,513
73$2,646,212$2,159,463$2,030,454$2,696,743
74$2,882,479$2,231,631$2,064,828$2,895,608
75$3,141,786$2,306,275$2,099,293$3,112,755
76$3,426,449$2,383,483$2,133,821$3,349,998
77$3,739,020$2,463,347$2,168,377$3,609,337
78$4,082,310$2,545,961$2,202,927$3,892,972
79$4,459,416$2,631,423$2,237,435$4,203,329
80$4,873,749$2,719,835$2,271,862$4,543,078
81$5,329,067$2,811,303$2,306,165$4,915,160
82$5,829,511$2,905,936$2,340,301$5,322,818
83$6,379,642$3,003,848$2,374,222$5,769,620
84$6,984,485$3,105,156$2,407,878$6,259,499
85$7,649,577$3,209,983$2,441,216$6,796,789
86$8,381,018$3,318,456$2,474,180$7,386,262
87$9,185,527$3,430,706$2,506,711$8,033,177
88$10,070,511$3,546,870$2,538,746$8,743,327
89$11,044,127$3,667,091$2,570,218$9,523,095
90$12,115,364$3,791,514$2,601,056$10,379,514
91$13,294,126$3,920,293$2,631,186$11,320,333
92$14,591,326$4,053,587$2,660,531$12,354,088
93$16,018,989$4,191,560$2,689,006$13,490,186
94$17,590,363$4,334,384$2,716,524$14,738,992
95$19,320,046$4,482,235$2,742,994$16,111,925
96$21,224,123$4,635,297$2,768,317$17,621,569
97$23,320,320$4,793,763$2,792,392$19,281,787
98$25,628,166$4,957,831$2,815,111$21,107,858
99$28,169,182$5,127,707$2,836,359$23,116,616
100$30,967,079$5,303,606$2,856,019$25,326,609