Can I retire at age 70 with 366,000?

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 $366,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$30,224$29,955$29,692$29,436$29,185$28,749
2 years$14,962$14,684$14,414$14,152$13,898$13,459
3 years$9,876$9,596$9,327$9,067$8,817$8,390
4 years$7,333$7,054$6,787$6,532$6,289$5,876
5 years$5,808$5,530$5,267$5,018$4,780$4,384
6 years$4,791$4,516$4,257$4,013$3,783$3,402
7 years$4,065$3,793$3,537$3,299$3,076$2,712
8 years$3,521$3,251$3,000$2,767$2,552$2,205
9 years$3,098$2,831$2,584$2,357$2,149$1,818
10 years$2,760$2,495$2,253$2,032$1,831$1,516
11 years$2,484$2,221$1,983$1,768$1,575$1,275
12 years$2,253$1,994$1,760$1,551$1,365$1,080
13 years$2,059$1,802$1,572$1,369$1,190$921
14 years$1,892$1,638$1,413$1,216$1,043$788
15 years$1,748$1,496$1,276$1,084$919$677
16 years$1,622$1,373$1,157$971$812$584
17 years$1,510$1,264$1,052$872$720$505
18 years$1,412$1,168$961$786$640$438
19 years$1,323$1,083$880$710$570$380
20 years$1,244$1,006$807$643$510$331
21 years$1,172$937$742$584$456$288
22 years$1,107$875$684$531$409$252
23 years$1,048$818$632$483$367$220
24 years$993$766$584$441$330$192
25 years$944$719$541$403$297$168
26 years$898$676$502$368$267$147
27 years$855$636$466$337$241$129
28 years$816$599$433$309$217$113
29 years$779$566$403$283$196$99
30 years$745$534$376$260$177$87
31 years$713$505$350$239$160$77
32 years$683$478$327$219$145$67
33 years$655$452$305$202$131$59
34 years$629$429$285$186$119$52
35 years$605$407$266$171$108$46
36 years$581$386$249$157$98$40
37 years$559$367$233$145$88$35
38 years$539$348$218$134$80$31
39 years$519$331$205$123$73$27
40 years$500$315$192$114$66$24
41 years$483$300$180$105$60$21
42 years$466$286$169$97$54$19
43 years$450$272$158$89$49$16
44 years$435$260$149$82$45$14
45 years$420$247$140$76$41$13
46 years$407$236$131$70$37$11
47 years$393$225$123$65$33$10
48 years$381$215$116$60$30$9
49 years$369$205$109$56$28$8
50 years$357$196$102$51$25$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $366,000, adding $4,057 every year, while hoping to spend $33,231 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: 82/8/10 Blend
69$366,000$366,000$366,000$366,000
70$407,517$388,119$382,446$439,965
71$413,726$371,779$359,900$445,469
72$419,455$353,525$335,486$446,692
73$424,619$333,228$309,104$447,033
74$429,125$310,751$280,654$446,386
75$432,868$285,950$250,028$444,633
76$435,732$258,673$217,116$441,645
77$437,588$228,759$181,800$437,280
78$438,291$196,038$143,960$431,381
79$437,683$160,329$103,468$423,776
80$435,585$121,443$60,193$414,274
81$431,800$79,180$13,995$402,666
82$426,111$33,327$0$388,724
83$418,275$0$0$375,961
84$408,024$0$0$363,608
85$395,060$0$0$351,732
86$379,054$0$0$337,103
87$359,643$0$0$319,392
88$336,422$0$0$298,232
89$308,946$0$0$273,221
90$276,720$0$0$243,914
91$239,200$0$0$209,816
92$195,782$0$0$170,382
93$145,799$0$0$125,009
94$88,514$0$0$73,032
95$23,114$0$0$13,714
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0