Can I retire at age 70 with 2,570,000?

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 $2,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$212,228$210,338$208,493$206,693$204,935$201,375
2 years$105,063$103,107$101,210$99,372$97,588$94,012
3 years$69,347$67,381$65,490$63,668$61,914$58,434
4 years$51,492$49,532$47,660$45,870$44,158$40,801
5 years$40,781$38,834$36,986$35,232$33,568$30,344
6 years$33,644$31,711$29,890$28,175$26,561$23,474
7 years$28,547$26,631$24,839$23,165$21,601$18,651
8 years$24,727$22,828$21,065$19,432$17,920$15,107
9 years$21,757$19,875$18,144$16,552$15,092$12,413
10 years$19,382$17,519$15,818$14,268$12,859$10,313
11 years$17,440$15,596$13,926$12,417$11,059$8,643
12 years$15,824$13,998$12,359$10,892$9,583$7,294
13 years$14,457$12,650$11,042$9,616$8,357$6,191
14 years$13,286$11,499$9,921$8,536$7,326$5,279
15 years$12,272$10,505$8,957$7,612$6,450$4,519
16 years$11,386$9,638$8,121$6,816$5,701$3,881
17 years$10,605$8,876$7,390$6,124$5,055$3,342
18 years$9,912$8,202$6,746$5,519$4,494$2,884
19 years$9,292$7,601$6,176$4,987$4,006$2,494
20 years$8,735$7,064$5,668$4,517$3,578$2,161
21 years$8,231$6,579$5,213$4,099$3,202$1,874
22 years$7,774$6,142$4,805$3,727$2,870$1,628
23 years$7,358$5,744$4,436$3,394$2,576$1,416
24 years$6,976$5,382$4,103$3,096$2,316$1,232
25 years$6,626$5,051$3,800$2,827$2,084$1,073
26 years$6,303$4,747$3,524$2,585$1,877$935
27 years$6,005$4,467$3,273$2,366$1,692$816
28 years$5,728$4,209$3,042$2,168$1,527$712
29 years$5,471$3,971$2,831$1,988$1,379$621
30 years$5,231$3,750$2,637$1,825$1,246$543
31 years$5,008$3,545$2,459$1,676$1,126$474
32 years$4,799$3,355$2,294$1,540$1,019$414
33 years$4,602$3,177$2,142$1,416$922$362
34 years$4,418$3,011$2,001$1,303$835$317
35 years$4,245$2,856$1,871$1,199$756$277
36 years$4,082$2,711$1,750$1,105$685$242
37 years$3,928$2,574$1,638$1,018$621$212
38 years$3,782$2,447$1,534$938$563$185
39 years$3,644$2,327$1,437$865$510$162
40 years$3,514$2,213$1,347$798$463$142
41 years$3,390$2,107$1,263$736$420$124
42 years$3,272$2,007$1,185$679$381$109
43 years$3,160$1,912$1,112$627$346$95
44 years$3,054$1,822$1,044$579$314$83
45 years$2,952$1,738$980$535$285$73
46 years$2,855$1,658$920$494$259$64
47 years$2,763$1,582$865$456$235$56
48 years$2,674$1,510$813$422$213$49
49 years$2,590$1,442$764$390$194$43
50 years$2,509$1,378$718$360$176$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $2,570,000, adding $4,545 every year, while hoping to spend $52,568 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: 70/6/24 Blend
69$2,570,000$2,570,000$2,570,000$2,570,000
70$2,836,828$2,700,618$2,660,783$3,017,901
71$3,070,253$2,777,017$2,693,987$3,216,003
72$3,325,725$2,855,397$2,726,542$3,426,227
73$3,605,437$2,935,800$2,758,370$3,655,102
74$3,911,806$3,018,268$2,789,390$3,904,474
75$4,247,491$3,102,844$2,819,515$4,176,376
76$4,615,421$3,189,569$2,848,655$4,473,048
77$5,018,823$3,278,487$2,876,713$4,796,958
78$5,461,249$3,369,639$2,903,590$5,150,824
79$5,946,614$3,463,069$2,929,177$5,537,642
80$6,479,228$3,558,819$2,953,364$5,960,712
81$7,063,840$3,656,931$2,976,032$6,423,671
82$7,705,679$3,757,448$2,997,057$6,930,526
83$8,410,508$3,860,413$3,016,308$7,485,690
84$9,184,673$3,965,867$3,033,648$8,094,030
85$10,035,166$4,073,851$3,048,932$8,760,905
86$10,969,690$4,184,406$3,062,008$9,492,223
87$11,996,730$4,297,573$3,072,716$10,294,491
88$13,125,634$4,413,392$3,080,889$11,174,883
89$14,366,701$4,531,900$3,086,352$12,141,302
90$15,731,277$4,653,137$3,088,918$13,202,457
91$17,231,865$4,777,138$3,088,394$14,367,947
92$18,882,236$4,903,939$3,084,576$15,648,347
93$20,697,566$5,033,574$3,077,252$17,055,313
94$22,694,574$5,166,075$3,066,196$18,601,690
95$24,891,682$5,301,474$3,051,174$20,301,631
96$27,309,185$5,439,798$3,031,940$22,170,734
97$29,969,448$5,581,074$3,008,236$24,226,188
98$32,897,112$5,725,327$2,979,792$26,486,937
99$36,119,327$5,872,578$2,946,325$28,973,856
100$39,666,010$6,022,845$2,907,538$31,709,950