Can I retire at age 70 with 322,000?

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 $322,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$26,590$26,354$26,123$25,897$25,677$25,366
2 years$13,164$12,918$12,681$12,450$12,227$11,915
3 years$8,689$8,442$8,205$7,977$7,757$7,453
4 years$6,451$6,206$5,971$5,747$5,533$5,238
5 years$5,110$4,866$4,634$4,414$4,206$3,922
6 years$4,215$3,973$3,745$3,530$3,328$3,056
7 years$3,577$3,337$3,112$2,902$2,706$2,446
8 years$3,098$2,860$2,639$2,435$2,245$1,996
9 years$2,726$2,490$2,273$2,074$1,891$1,652
10 years$2,428$2,195$1,982$1,788$1,611$1,384
11 years$2,185$1,954$1,745$1,556$1,386$1,169
12 years$1,983$1,754$1,548$1,365$1,201$995
13 years$1,811$1,585$1,383$1,205$1,047$852
14 years$1,665$1,441$1,243$1,069$918$733
15 years$1,538$1,316$1,122$954$808$633
16 years$1,427$1,208$1,018$854$714$548
17 years$1,329$1,112$926$767$633$477
18 years$1,242$1,028$845$692$563$415
19 years$1,164$952$774$625$502$362
20 years$1,094$885$710$566$448$317
21 years$1,031$824$653$514$401$278
22 years$974$769$602$467$360$244
23 years$922$720$556$425$323$214
24 years$874$674$514$388$290$188
25 years$830$633$476$354$261$166
26 years$790$595$442$324$235$146
27 years$752$560$410$296$212$128
28 years$718$527$381$272$191$113
29 years$685$498$355$249$173$100
30 years$655$470$330$229$156$88
31 years$627$444$308$210$141$78
32 years$601$420$287$193$128$69
33 years$577$398$268$177$116$61
34 years$554$377$251$163$105$54
35 years$532$358$234$150$95$48
36 years$511$340$219$138$86$42
37 years$492$323$205$128$78$37
38 years$474$307$192$118$71$33
39 years$457$291$180$108$64$29
40 years$440$277$169$100$58$26
41 years$425$264$158$92$53$23
42 years$410$251$148$85$48$20
43 years$396$240$139$79$43$18
44 years$383$228$131$73$39$16
45 years$370$218$123$67$36$14
46 years$358$208$115$62$32$12
47 years$346$198$108$57$29$11
48 years$335$189$102$53$27$10
49 years$325$181$96$49$24$9
50 years$314$173$90$45$22$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $322,000, adding $5,508 every year, while hoping to spend $26,603 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: 29/47/24 Blend
69$322,000$322,000$322,000$322,000
70$360,526$343,460$338,469$368,162
71$368,994$331,984$321,502$363,063
72$377,434$319,054$303,075$354,869
73$385,816$304,571$283,111$345,511
74$394,103$288,429$261,530$334,906
75$402,258$270,518$238,248$322,966
76$410,235$250,720$213,176$309,596
77$417,984$228,911$186,222$294,698
78$425,450$204,959$157,292$278,164
79$432,570$178,726$126,285$259,882
80$439,273$150,065$93,097$239,731
81$445,481$118,820$57,618$217,581
82$451,107$84,829$19,735$193,298
83$456,052$47,918$0$166,733
84$460,208$7,905$0$143,032
85$463,454$0$0$122,467
86$465,654$0$0$118,146
87$466,659$0$0$117,501
88$466,302$0$0$116,390
89$464,398$0$0$114,754
90$460,741$0$0$112,525
91$455,104$0$0$109,630
92$447,234$0$0$105,987
93$436,852$0$0$101,505
94$423,646$0$0$96,085
95$407,274$0$0$89,614
96$387,355$0$0$81,972
97$363,468$0$0$73,020
98$335,147$0$0$62,611
99$301,879$0$0$50,577
100$263,091$0$0$36,736