Can I retire at age 70 with 439,000?

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 $439,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$36,252$35,929$35,614$35,307$35,006$34,699
2 years$17,947$17,612$17,288$16,974$16,670$16,360
3 years$11,846$11,510$11,187$10,876$10,576$10,273
4 years$8,796$8,461$8,141$7,835$7,543$7,250
5 years$6,966$6,634$6,318$6,018$5,734$5,451
6 years$5,747$5,417$5,106$4,813$4,537$4,265
7 years$4,876$4,549$4,243$3,957$3,690$3,429
8 years$4,224$3,899$3,598$3,319$3,061$2,811
9 years$3,716$3,395$3,099$2,827$2,578$2,338
10 years$3,311$2,993$2,702$2,437$2,196$1,968
11 years$2,979$2,664$2,379$2,121$1,889$1,671
12 years$2,703$2,391$2,111$1,860$1,637$1,429
13 years$2,469$2,161$1,886$1,643$1,428$1,230
14 years$2,269$1,964$1,695$1,458$1,251$1,063
15 years$2,096$1,794$1,530$1,300$1,102$923
16 years$1,945$1,646$1,387$1,164$974$805
17 years$1,812$1,516$1,262$1,046$863$703
18 years$1,693$1,401$1,152$943$768$616
19 years$1,587$1,298$1,055$852$684$541
20 years$1,492$1,207$968$772$611$476
21 years$1,406$1,124$891$700$547$420
22 years$1,328$1,049$821$637$490$370
23 years$1,257$981$758$580$440$327
24 years$1,192$919$701$529$396$289
25 years$1,132$863$649$483$356$256
26 years$1,077$811$602$442$321$227
27 years$1,026$763$559$404$289$201
28 years$978$719$520$370$261$179
29 years$935$678$484$340$236$159
30 years$894$641$450$312$213$141
31 years$855$606$420$286$192$125
32 years$820$573$392$263$174$111
33 years$786$543$366$242$158$99
34 years$755$514$342$223$143$88
35 years$725$488$320$205$129$79
36 years$697$463$299$189$117$70
37 years$671$440$280$174$106$62
38 years$646$418$262$160$96$55
39 years$622$397$246$148$87$49
40 years$600$378$230$136$79$44
41 years$579$360$216$126$72$39
42 years$559$343$202$116$65$35
43 years$540$327$190$107$59$31
44 years$522$311$178$99$54$28
45 years$504$297$167$91$49$25
46 years$488$283$157$84$44$22
47 years$472$270$148$78$40$20
48 years$457$258$139$72$36$18
49 years$442$246$130$67$33$16
50 years$429$235$123$62$30$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $439,000, adding $2,034 every year, while hoping to spend $20,036 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: 27/50/23 Blend
69$439,000$439,000$439,000$439,000
70$485,876$462,609$455,805$495,428
71$514,117$463,959$449,756$504,500
72$544,568$464,703$442,833$512,345
73$577,431$464,791$434,986$520,345
74$612,932$464,169$426,161$528,527
75$651,318$462,780$416,303$536,920
76$692,858$460,562$405,355$545,560
77$737,851$457,451$393,257$554,486
78$786,625$453,379$379,944$563,747
79$839,539$448,273$365,350$573,394
80$896,990$442,057$349,407$583,489
81$959,413$434,647$332,043$594,101
82$1,027,288$425,960$313,181$605,311
83$1,101,141$415,902$292,742$617,208
84$1,181,553$404,377$270,645$629,895
85$1,269,163$391,282$246,802$643,486
86$1,364,671$376,509$221,124$658,113
87$1,468,852$359,942$193,517$673,924
88$1,582,557$341,461$163,881$691,084
89$1,706,722$320,937$132,115$709,780
90$1,842,378$298,233$98,112$730,222
91$1,990,661$273,207$61,758$752,647
92$2,152,819$245,705$22,938$777,318
93$2,330,230$215,568$0$804,532
94$2,524,408$182,625$0$839,157
95$2,737,022$146,698$0$883,331
96$2,969,909$107,597$0$931,864
97$3,225,093$65,122$0$985,254
98$3,504,801$19,062$0$1,044,052
99$3,811,488$0$0$1,108,871
100$4,147,856$0$0$1,197,342