Can I retire at age 70 with 459,000?

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 $459,000?

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$37,904$37,566$37,237$36,915$36,601$36,447
2 years$18,764$18,415$18,076$17,748$17,429$17,273
3 years$12,385$12,034$11,696$11,371$11,058$10,905
4 years$9,196$8,846$8,512$8,192$7,887$7,739
5 years$7,284$6,936$6,606$6,292$5,995$5,852
6 years$6,009$5,664$5,338$5,032$4,744$4,606
7 years$5,099$4,756$4,436$4,137$3,858$3,725
8 years$4,416$4,077$3,762$3,471$3,201$3,073
9 years$3,886$3,550$3,240$2,956$2,695$2,573
10 years$3,462$3,129$2,825$2,548$2,297$2,180
11 years$3,115$2,785$2,487$2,218$1,975$1,863
12 years$2,826$2,500$2,207$1,945$1,712$1,605
13 years$2,582$2,259$1,972$1,717$1,493$1,390
14 years$2,373$2,054$1,772$1,524$1,308$1,211
15 years$2,192$1,876$1,600$1,360$1,152$1,059
16 years$2,034$1,721$1,450$1,217$1,018$930
17 years$1,894$1,585$1,320$1,094$903$819
18 years$1,770$1,465$1,205$986$803$723
19 years$1,659$1,358$1,103$891$715$640
20 years$1,560$1,262$1,012$807$639$568
21 years$1,470$1,175$931$732$572$504
22 years$1,388$1,097$858$666$513$449
23 years$1,314$1,026$792$606$460$400
24 years$1,246$961$733$553$414$357
25 years$1,183$902$679$505$372$319
26 years$1,126$848$629$462$335$285
27 years$1,072$798$585$423$302$255
28 years$1,023$752$543$387$273$228
29 years$977$709$506$355$246$204
30 years$934$670$471$326$223$183
31 years$894$633$439$299$201$164
32 years$857$599$410$275$182$147
33 years$822$567$383$253$165$132
34 years$789$538$357$233$149$119
35 years$758$510$334$214$135$107
36 years$729$484$313$197$122$96
37 years$701$460$293$182$111$86
38 years$675$437$274$168$101$77
39 years$651$416$257$154$91$70
40 years$628$395$241$142$83$63
41 years$605$376$226$131$75$56
42 years$584$358$212$121$68$51
43 years$564$341$199$112$62$46
44 years$545$325$186$103$56$41
45 years$527$310$175$96$51$37
46 years$510$296$164$88$46$33
47 years$493$283$154$82$42$30
48 years$478$270$145$75$38$27
49 years$463$258$136$70$35$24
50 years$448$246$128$64$31$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $459,000, adding $6,726 every year, while hoping to spend $39,927 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: 57/22/21 Blend
69$459,000$459,000$459,000$459,000
70$512,756$488,429$481,314$538,737
71$522,575$469,880$454,956$538,657
72$532,057$449,084$426,377$533,713
73$541,127$425,888$395,460$527,452
74$549,697$400,133$362,084$519,756
75$557,673$371,646$326,121$510,498
76$564,948$340,249$287,438$499,541
77$571,402$305,750$245,896$486,736
78$576,903$267,950$201,351$471,922
79$581,302$226,634$153,652$454,925
80$584,434$181,579$102,639$435,553
81$586,117$132,547$48,148$413,603
82$586,147$79,288$0$388,850
83$584,298$21,537$0$363,296
84$580,319$0$0$346,093
85$573,931$0$0$336,122
86$564,826$0$0$329,635
87$552,661$0$0$321,201
88$537,057$0$0$310,583
89$517,595$0$0$297,514
90$493,809$0$0$281,704
91$465,184$0$0$262,826
92$431,151$0$0$240,524
93$391,080$0$0$214,399
94$344,275$0$0$184,014
95$289,964$0$0$148,884
96$227,297$0$0$108,473
97$155,332$0$0$62,188
98$73,030$0$0$9,376
99$0$0$0$0
100$0$0$0$0