Can I retire at age 70 with 525,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $525,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$43,354$42,968$42,591$42,223$41,864$41,103
2 years$21,462$21,063$20,675$20,300$19,935$19,171
3 years$14,166$13,765$13,378$13,006$12,648$11,904
4 years$10,519$10,118$9,736$9,370$9,021$8,304
5 years$8,331$7,933$7,556$7,197$6,857$6,169
6 years$6,873$6,478$6,106$5,756$5,426$4,767
7 years$5,832$5,440$5,074$4,732$4,413$3,784
8 years$5,051$4,663$4,303$3,970$3,661$3,061
9 years$4,444$4,060$3,706$3,381$3,083$2,512
10 years$3,959$3,579$3,231$2,915$2,627$2,085
11 years$3,563$3,186$2,845$2,537$2,259$1,745
12 years$3,232$2,860$2,525$2,225$1,958$1,471
13 years$2,953$2,584$2,256$1,964$1,707$1,247
14 years$2,714$2,349$2,027$1,744$1,496$1,061
15 years$2,507$2,146$1,830$1,555$1,318$907
16 years$2,326$1,969$1,659$1,392$1,165$778
17 years$2,166$1,813$1,510$1,251$1,033$669
18 years$2,025$1,675$1,378$1,127$918$577
19 years$1,898$1,553$1,262$1,019$818$498
20 years$1,784$1,443$1,158$923$731$431
21 years$1,681$1,344$1,065$837$654$373
22 years$1,588$1,255$982$761$586$324
23 years$1,503$1,173$906$693$526$281
24 years$1,425$1,099$838$632$473$244
25 years$1,354$1,032$776$578$426$212
26 years$1,288$970$720$528$383$185
27 years$1,227$913$669$483$346$161
28 years$1,170$860$622$443$312$140
29 years$1,118$811$578$406$282$122
30 years$1,069$766$539$373$255$106
31 years$1,023$724$502$342$230$93
32 years$980$685$469$315$208$81
33 years$940$649$438$289$188$71
34 years$903$615$409$266$171$62
35 years$867$583$382$245$154$54
36 years$834$554$358$226$140$47
37 years$802$526$335$208$127$41
38 years$773$500$313$192$115$36
39 years$744$475$294$177$104$31
40 years$718$452$275$163$95$27
41 years$692$430$258$150$86$24
42 years$668$410$242$139$78$21
43 years$646$391$227$128$71$18
44 years$624$372$213$118$64$16
45 years$603$355$200$109$58$14
46 years$583$339$188$101$53$12
47 years$564$323$177$93$48$11
48 years$546$309$166$86$44$9
49 years$529$295$156$80$40$8
50 years$513$281$147$74$36$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $525,000, adding $4,718 every year, while hoping to spend $42,954 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: 66/29/5 Blend
69$525,000$525,000$525,000$525,000
70$583,417$555,592$547,454$621,232
71$597,222$537,113$520,091$628,445
72$610,997$516,289$490,372$630,713
73$624,691$492,960$458,172$632,036
74$638,250$466,956$423,362$632,316
75$651,613$438,098$385,805$631,446
76$664,708$406,195$345,361$629,312
77$677,459$371,049$301,880$625,786
78$689,775$332,446$255,209$620,734
79$701,560$290,163$205,186$614,006
80$712,701$243,964$151,642$605,441
81$723,075$193,597$94,401$594,865
82$732,545$138,799$33,279$582,087
83$740,956$79,291$0$566,901
84$748,135$14,778$0$550,786
85$753,893$0$0$533,799
86$758,015$0$0$531,475
87$760,265$0$0$532,487
88$760,381$0$0$531,926
89$758,069$0$0$529,579
90$753,005$0$0$525,210
91$744,830$0$0$518,557
92$733,143$0$0$509,327
93$717,504$0$0$497,199
94$697,421$0$0$481,816
95$672,351$0$0$462,781
96$641,694$0$0$439,657
97$604,784$0$0$411,959
98$560,885$0$0$379,151
99$509,182$0$0$340,640
100$448,775$0$0$295,769