Can I retire at age 70 with 5,200,000?

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 $5,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$429,411$425,586$421,854$418,212$414,655$403,649
2 years$212,580$208,621$204,784$201,063$197,455$186,443
3 years$140,312$136,336$132,509$128,823$125,274$114,601
4 years$104,185$100,221$96,432$92,810$89,346$79,094
5 years$82,515$78,575$74,835$71,287$67,919$58,117
6 years$68,073$64,162$60,478$57,009$53,742$44,399
7 years$57,761$53,883$50,258$46,870$43,707$34,823
8 years$50,031$46,188$42,622$39,318$36,259$27,830
9 years$44,021$40,215$36,711$33,490$30,535$22,554
10 years$39,217$35,447$32,005$28,869$26,018$18,473
11 years$35,288$31,557$28,177$25,125$22,376$15,258
12 years$32,017$28,324$25,006$22,038$19,391$12,685
13 years$29,251$25,596$22,341$19,456$16,909$10,602
14 years$26,882$23,266$20,074$17,271$14,822$8,900
15 years$24,831$21,254$18,124$15,403$13,051$7,498
16 years$23,038$19,500$16,432$13,791$11,534$6,335
17 years$21,458$17,959$14,953$12,391$10,227$5,365
18 years$20,054$16,595$13,650$11,167$9,093$4,553
19 years$18,800$15,380$12,496$10,090$8,105$3,871
20 years$17,673$14,292$11,468$9,139$7,240$3,296
21 years$16,655$13,312$10,548$8,294$6,479$2,809
22 years$15,730$12,427$9,722$7,541$5,807$2,397
23 years$14,887$11,622$8,976$6,868$5,213$2,047
24 years$14,115$10,889$8,302$6,264$4,686$1,750
25 years$13,406$10,219$7,689$5,721$4,216$1,496
26 years$12,753$9,604$7,131$5,231$3,798$1,280
27 years$12,149$9,039$6,622$4,788$3,424$1,096
28 years$11,590$8,517$6,156$4,387$3,090$939
29 years$11,070$8,035$5,729$4,023$2,790$804
30 years$10,585$7,588$5,336$3,692$2,521$689
31 years$10,133$7,173$4,975$3,391$2,279$590
32 years$9,709$6,787$4,641$3,116$2,062$506
33 years$9,312$6,428$4,334$2,865$1,866$434
34 years$8,940$6,092$4,049$2,636$1,689$372
35 years$8,589$5,778$3,786$2,427$1,530$319
36 years$8,259$5,484$3,541$2,235$1,386$274
37 years$7,947$5,209$3,315$2,059$1,256$235
38 years$7,652$4,950$3,104$1,898$1,139$202
39 years$7,373$4,707$2,908$1,750$1,033$173
40 years$7,109$4,479$2,726$1,614$937$148
41 years$6,859$4,263$2,556$1,489$850$127
42 years$6,620$4,060$2,398$1,375$771$109
43 years$6,394$3,869$2,250$1,269$700$94
44 years$6,178$3,688$2,112$1,172$635$80
45 years$5,973$3,516$1,983$1,082$577$69
46 years$5,777$3,354$1,862$999$524$59
47 years$5,590$3,201$1,750$923$476$51
48 years$5,411$3,056$1,644$853$432$44
49 years$5,241$2,918$1,545$789$392$37
50 years$5,077$2,788$1,453$729$356$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $5,200,000, adding $6,809 every year, while hoping to spend $36,616 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: 33/49/18 Blend
69$5,200,000$5,200,000$5,200,000$5,200,000
70$5,737,423$5,461,823$5,381,223$5,894,525
71$6,283,682$5,690,494$5,522,535$6,239,933
72$6,884,431$5,929,142$5,667,354$6,608,088
73$7,545,190$6,178,217$5,815,758$7,004,095
74$8,272,042$6,438,192$5,967,828$7,430,424
75$9,071,685$6,709,558$6,123,645$7,889,780
76$9,951,503$6,992,833$6,283,293$8,385,129
77$10,919,629$7,288,554$6,446,856$8,919,720
78$11,985,026$7,597,288$6,614,421$9,497,121
79$13,157,568$7,919,625$6,786,074$10,121,242
80$14,448,137$8,256,184$6,961,904$10,796,374
81$15,868,722$8,607,611$7,142,003$11,527,229
82$17,432,533$8,974,585$7,326,461$12,318,974
83$19,154,126$9,357,815$7,515,372$13,177,285
84$21,049,542$9,758,043$7,708,832$14,108,396
85$23,136,453$10,176,045$7,906,936$15,119,149
86$25,434,334$10,612,634$8,109,781$16,217,065
87$27,964,646$11,068,663$8,317,468$17,410,401
88$30,751,033$11,545,021$8,530,097$18,708,235
89$33,819,553$12,042,641$8,747,770$20,120,541
90$37,198,917$12,562,500$8,970,590$21,658,281
91$40,920,764$13,105,620$9,198,662$23,333,506
92$45,019,957$13,673,071$9,432,092$25,159,465
93$49,534,915$14,265,973$9,670,989$27,150,724
94$54,507,970$14,885,499$9,915,461$29,323,301
95$59,985,772$15,532,878$10,165,618$31,694,814
96$66,019,726$16,209,395$10,421,572$34,284,638
97$72,666,480$16,916,396$10,683,436$37,114,087
98$79,988,453$17,655,292$10,951,324$40,206,606
99$88,054,432$18,427,559$11,225,350$43,587,990
100$96,940,217$19,234,742$11,505,632$47,286,622