Can I retire at age 70 with 465,000?

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 $465,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$38,399$38,057$37,724$37,398$37,080$36,541
2 years$19,010$18,656$18,312$17,980$17,657$17,115
3 years$12,547$12,192$11,849$11,520$11,202$10,674
4 years$9,317$8,962$8,623$8,299$7,990$7,480
5 years$7,379$7,026$6,692$6,375$6,074$5,583
6 years$6,087$5,738$5,408$5,098$4,806$4,335
7 years$5,165$4,818$4,494$4,191$3,908$3,458
8 years$4,474$4,130$3,811$3,516$3,242$2,812
9 years$3,937$3,596$3,283$2,995$2,731$2,321
10 years$3,507$3,170$2,862$2,582$2,327$1,936
11 years$3,156$2,822$2,520$2,247$2,001$1,630
12 years$2,863$2,533$2,236$1,971$1,734$1,382
13 years$2,616$2,289$1,998$1,740$1,512$1,178
14 years$2,404$2,081$1,795$1,544$1,325$1,009
15 years$2,220$1,901$1,621$1,377$1,167$868
16 years$2,060$1,744$1,469$1,233$1,031$749
17 years$1,919$1,606$1,337$1,108$915$648
18 years$1,793$1,484$1,221$999$813$562
19 years$1,681$1,375$1,117$902$725$489
20 years$1,580$1,278$1,025$817$647$426
21 years$1,489$1,190$943$742$579$371
22 years$1,407$1,111$869$674$519$324
23 years$1,331$1,039$803$614$466$283
24 years$1,262$974$742$560$419$248
25 years$1,199$914$688$512$377$217
26 years$1,140$859$638$468$340$190
27 years$1,086$808$592$428$306$167
28 years$1,036$762$550$392$276$147
29 years$990$719$512$360$249$129
30 years$947$679$477$330$225$113
31 years$906$641$445$303$204$99
32 years$868$607$415$279$184$87
33 years$833$575$388$256$167$77
34 years$799$545$362$236$151$67
35 years$768$517$339$217$137$59
36 years$739$490$317$200$124$52
37 years$711$466$296$184$112$46
38 years$684$443$278$170$102$40
39 years$659$421$260$157$92$36
40 years$636$400$244$144$84$31
41 years$613$381$229$133$76$28
42 years$592$363$214$123$69$24
43 years$572$346$201$113$63$21
44 years$552$330$189$105$57$19
45 years$534$314$177$97$52$17
46 years$517$300$167$89$47$15
47 years$500$286$156$83$43$13
48 years$484$273$147$76$39$11
49 years$469$261$138$71$35$10
50 years$454$249$130$65$32$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $465,000, adding $3,188 every year, while hoping to spend $40,021 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: 68/5/27 Blend
69$465,000$465,000$465,000$465,000
70$515,718$491,073$483,866$546,970
71$525,740$472,554$457,493$549,858
72$535,442$451,786$428,896$548,168
73$544,750$428,616$397,957$545,406
74$553,580$402,884$364,555$541,468
75$561,839$374,419$328,561$536,239
76$569,422$343,041$289,843$529,594
77$576,212$308,559$248,262$521,397
78$582,079$270,772$203,672$511,500
79$586,878$229,466$155,921$499,740
80$590,447$184,418$104,852$485,940
81$592,607$135,389$50,299$469,908
82$593,158$82,128$0$451,432
83$591,879$24,371$0$432,564
84$588,523$0$0$426,384
85$582,817$0$0$420,264
86$574,459$0$0$413,482
87$563,113$0$0$404,444
88$548,406$0$0$392,871
89$529,926$0$0$378,454
90$507,217$0$0$360,849
91$479,774$0$0$339,678
92$447,038$0$0$314,522
93$408,390$0$0$284,916
94$363,146$0$0$250,346
95$310,550$0$0$210,247
96$249,765$0$0$163,989
97$179,868$0$0$110,881
98$99,837$0$0$50,156
99$8,544$0$0$0
100$0$0$0$0