Can I retire at age 70 with 636,000?

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 $636,000?

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$52,520$52,052$51,596$51,151$50,716$50,502
2 years$26,000$25,516$25,047$24,592$24,150$23,935
3 years$17,161$16,675$16,207$15,756$15,322$15,111
4 years$12,743$12,258$11,794$11,351$10,928$10,723
5 years$10,092$9,610$9,153$8,719$8,307$8,109
6 years$8,326$7,848$7,397$6,973$6,573$6,382
7 years$7,065$6,590$6,147$5,733$5,346$5,162
8 years$6,119$5,649$5,213$4,809$4,435$4,258
9 years$5,384$4,919$4,490$4,096$3,735$3,566
10 years$4,796$4,335$3,914$3,531$3,182$3,020
11 years$4,316$3,860$3,446$3,073$2,737$2,582
12 years$3,916$3,464$3,058$2,695$2,372$2,223
13 years$3,578$3,131$2,733$2,380$2,068$1,927
14 years$3,288$2,846$2,455$2,112$1,813$1,678
15 years$3,037$2,600$2,217$1,884$1,596$1,468
16 years$2,818$2,385$2,010$1,687$1,411$1,289
17 years$2,624$2,197$1,829$1,516$1,251$1,135
18 years$2,453$2,030$1,669$1,366$1,112$1,002
19 years$2,299$1,881$1,528$1,234$991$887
20 years$2,162$1,748$1,403$1,118$885$787
21 years$2,037$1,628$1,290$1,014$792$699
22 years$1,924$1,520$1,189$922$710$622
23 years$1,821$1,422$1,098$840$638$554
24 years$1,726$1,332$1,015$766$573$494
25 years$1,640$1,250$940$700$516$441
26 years$1,560$1,175$872$640$465$395
27 years$1,486$1,106$810$586$419$353
28 years$1,418$1,042$753$537$378$316
29 years$1,354$983$701$492$341$283
30 years$1,295$928$653$452$308$254
31 years$1,239$877$608$415$279$228
32 years$1,188$830$568$381$252$204
33 years$1,139$786$530$350$228$183
34 years$1,093$745$495$322$207$165
35 years$1,051$707$463$297$187$148
36 years$1,010$671$433$273$170$133
37 years$972$637$405$252$154$119
38 years$936$605$380$232$139$107
39 years$902$576$356$214$126$97
40 years$870$548$333$197$115$87
41 years$839$521$313$182$104$78
42 years$810$497$293$168$94$70
43 years$782$473$275$155$86$63
44 years$756$451$258$143$78$57
45 years$731$430$243$132$71$51
46 years$707$410$228$122$64$46
47 years$684$392$214$113$58$41
48 years$662$374$201$104$53$37
49 years$641$357$189$96$48$34
50 years$621$341$178$89$44$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $636,000, adding $3,372 every year, while hoping to spend $43,375 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: 67/17/16 Blend
69$636,000$636,000$636,000$636,000
70$704,350$670,642$660,784$748,628
71$730,043$657,353$636,770$765,328
72$756,903$641,959$610,497$778,189
73$785,003$624,311$581,845$791,175
74$814,423$604,251$550,686$804,294
75$845,248$581,614$516,888$817,558
76$877,571$556,221$480,312$830,982
77$911,494$527,886$440,812$844,583
78$947,126$496,412$398,239$858,382
79$984,586$461,589$352,433$872,404
80$1,024,004$423,197$303,230$886,678
81$1,065,520$381,002$250,456$901,238
82$1,109,289$334,757$193,932$916,123
83$1,155,477$284,201$133,470$931,380
84$1,204,268$229,058$68,873$947,062
85$1,255,859$169,038$0$963,229
86$1,310,469$103,833$0$979,965
87$1,368,334$33,118$0$1,009,885
88$1,429,714$0$0$1,041,351
89$1,494,891$0$0$1,082,634
90$1,564,175$0$0$1,133,125
91$1,637,906$0$0$1,186,877
92$1,716,455$0$0$1,244,165
93$1,800,227$0$0$1,305,288
94$1,889,667$0$0$1,370,573
95$1,985,264$0$0$1,440,380
96$2,087,551$0$0$1,515,102
97$2,197,116$0$0$1,595,172
98$2,314,599$0$0$1,681,063
99$2,440,708$0$0$1,773,295
100$2,576,215$0$0$1,872,438