Can I retire at age 70 with 666,000?

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 $666,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$54,998$54,508$54,030$53,563$53,108$52,817
2 years$27,227$26,719$26,228$25,752$25,289$24,996
3 years$17,971$17,461$16,971$16,499$16,045$15,758
4 years$13,344$12,836$12,351$11,887$11,443$11,165
5 years$10,568$10,064$9,585$9,130$8,699$8,430
6 years$8,719$8,218$7,746$7,302$6,883$6,625
7 years$7,398$6,901$6,437$6,003$5,598$5,349
8 years$6,408$5,916$5,459$5,036$4,644$4,405
9 years$5,638$5,151$4,702$4,289$3,911$3,682
10 years$5,023$4,540$4,099$3,697$3,332$3,113
11 years$4,520$4,042$3,609$3,218$2,866$2,656
12 years$4,101$3,628$3,203$2,823$2,483$2,284
13 years$3,746$3,278$2,861$2,492$2,166$1,975
14 years$3,443$2,980$2,571$2,212$1,898$1,717
15 years$3,180$2,722$2,321$1,973$1,672$1,499
16 years$2,951$2,498$2,105$1,766$1,477$1,313
17 years$2,748$2,300$1,915$1,587$1,310$1,154
18 years$2,569$2,125$1,748$1,430$1,165$1,017
19 years$2,408$1,970$1,600$1,292$1,038$898
20 years$2,264$1,830$1,469$1,170$927$795
21 years$2,133$1,705$1,351$1,062$830$705
22 years$2,015$1,592$1,245$966$744$626
23 years$1,907$1,489$1,150$880$668$556
24 years$1,808$1,395$1,063$802$600$495
25 years$1,717$1,309$985$733$540$441
26 years$1,633$1,230$913$670$486$393
27 years$1,556$1,158$848$613$439$351
28 years$1,484$1,091$788$562$396$313
29 years$1,418$1,029$734$515$357$280
30 years$1,356$972$683$473$323$251
31 years$1,298$919$637$434$292$224
32 years$1,244$869$594$399$264$201
33 years$1,193$823$555$367$239$180
34 years$1,145$780$519$338$216$161
35 years$1,100$740$485$311$196$144
36 years$1,058$702$454$286$178$129
37 years$1,018$667$425$264$161$116
38 years$980$634$398$243$146$104
39 years$944$603$372$224$132$93
40 years$911$574$349$207$120$84
41 years$878$546$327$191$109$75
42 years$848$520$307$176$99$67
43 years$819$495$288$163$90$60
44 years$791$472$270$150$81$54
45 years$765$450$254$139$74$49
46 years$740$430$239$128$67$44
47 years$716$410$224$118$61$39
48 years$693$391$211$109$55$35
49 years$671$374$198$101$50$32
50 years$650$357$186$93$46$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $666,000, adding $6,178 every year, while hoping to spend $43,679 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: 29/41/30 Blend
69$666,000$666,000$666,000$666,000
70$740,305$705,007$694,684$754,809
71$769,342$693,078$671,481$754,920
72$799,876$679,101$646,038$750,866
73$832,016$662,928$618,232$745,650
74$865,876$644,406$587,937$739,205
75$901,582$623,370$555,021$731,459
76$939,274$599,645$519,344$722,338
77$979,101$573,049$480,763$711,767
78$1,021,227$543,385$439,126$699,668
79$1,065,830$510,450$394,275$685,960
80$1,113,107$474,024$346,046$670,561
81$1,163,272$433,879$294,266$653,387
82$1,216,556$389,770$238,754$634,353
83$1,273,217$341,440$179,324$613,371
84$1,333,532$288,618$115,780$590,353
85$1,397,810$231,017$47,915$565,211
86$1,466,383$168,334$0$537,854
87$1,539,620$100,248$0$516,039
88$1,617,923$26,422$0$508,709
89$1,701,732$0$0$500,497
90$1,791,531$0$0$515,534
91$1,887,851$0$0$544,520
92$1,991,273$0$0$575,720
93$2,102,437$0$0$609,335
94$2,222,043$0$0$645,588
95$2,350,861$0$0$684,723
96$2,489,737$0$0$727,008
97$2,639,600$0$0$772,738
98$2,801,470$0$0$822,237
99$2,976,468$0$0$875,862
100$3,165,828$0$0$934,004