Can I retire at age 70 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$59,870$59,337$58,816$58,308$57,813$56,808
2 years$29,639$29,087$28,552$28,033$27,530$26,521
3 years$19,563$19,008$18,475$17,961$17,466$16,484
4 years$14,526$13,973$13,445$12,940$12,457$11,510
5 years$11,504$10,955$10,434$9,939$9,470$8,560
6 years$9,491$8,946$8,432$7,948$7,493$6,622
7 years$8,053$7,513$7,007$6,535$6,094$5,262
8 years$6,975$6,440$5,943$5,482$5,055$4,262
9 years$6,138$5,607$5,118$4,669$4,257$3,502
10 years$5,468$4,942$4,462$4,025$3,627$2,909
11 years$4,920$4,400$3,929$3,503$3,120$2,438
12 years$4,464$3,949$3,486$3,073$2,704$2,058
13 years$4,078$3,569$3,115$2,713$2,358$1,746
14 years$3,748$3,244$2,799$2,408$2,067$1,489
15 years$3,462$2,963$2,527$2,147$1,820$1,275
16 years$3,212$2,719$2,291$1,923$1,608$1,095
17 years$2,992$2,504$2,085$1,728$1,426$943
18 years$2,796$2,314$1,903$1,557$1,268$814
19 years$2,621$2,144$1,742$1,407$1,130$704
20 years$2,464$1,993$1,599$1,274$1,009$610
21 years$2,322$1,856$1,471$1,156$903$529
22 years$2,193$1,733$1,355$1,051$810$459
23 years$2,076$1,620$1,252$958$727$399
24 years$1,968$1,518$1,157$873$653$348
25 years$1,869$1,425$1,072$798$588$303
26 years$1,778$1,339$994$729$530$264
27 years$1,694$1,260$923$668$477$230
28 years$1,616$1,188$858$612$431$201
29 years$1,543$1,120$799$561$389$175
30 years$1,476$1,058$744$515$351$153
31 years$1,413$1,000$694$473$318$134
32 years$1,354$946$647$434$287$117
33 years$1,298$896$604$400$260$102
34 years$1,246$849$565$368$236$89
35 years$1,198$806$528$338$213$78
36 years$1,151$765$494$312$193$68
37 years$1,108$726$462$287$175$60
38 years$1,067$690$433$265$159$52
39 years$1,028$656$405$244$144$46
40 years$991$624$380$225$131$40
41 years$956$594$356$208$119$35
42 years$923$566$334$192$108$31
43 years$891$539$314$177$98$27
44 years$861$514$294$163$89$23
45 years$833$490$276$151$80$21
46 years$805$468$260$139$73$18
47 years$779$446$244$129$66$16
48 years$754$426$229$119$60$14
49 years$731$407$215$110$55$12
50 years$708$389$203$102$50$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $725,000, adding $6,309 every year, while hoping to spend $39,070 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: 72/13/15 Blend
69$725,000$725,000$725,000$725,000
70$805,458$767,033$755,795$860,298
71$846,044$763,047$739,544$893,517
72$889,461$757,557$721,439$924,521
73$935,956$750,447$701,377$957,446
74$985,800$741,595$679,250$992,475
75$1,039,291$730,872$654,944$1,029,809
76$1,096,755$718,142$628,341$1,069,669
77$1,158,552$703,259$599,318$1,112,302
78$1,225,074$686,069$567,746$1,157,979
79$1,296,756$666,410$533,489$1,207,000
80$1,374,070$644,109$496,406$1,259,697
81$1,457,539$618,985$456,350$1,316,435
82$1,547,737$590,844$413,166$1,377,621
83$1,645,293$559,482$366,694$1,443,701
84$1,750,900$524,683$316,765$1,515,169
85$1,865,318$486,220$263,204$1,592,571
86$1,989,387$443,850$205,827$1,676,511
87$2,124,025$397,320$144,443$1,767,653
88$2,270,245$346,358$78,852$1,866,735
89$2,429,161$290,681$8,845$1,974,568
90$2,601,999$229,987$0$2,092,050
91$2,790,105$163,959$0$2,230,714
92$2,994,963$92,260$0$2,383,308
93$3,218,205$14,537$0$2,549,662
94$3,461,627$0$0$2,731,149
95$3,727,206$0$0$2,939,239
96$4,017,117$0$0$3,168,697
97$4,333,756$0$0$3,419,343
98$4,679,760$0$0$3,693,271
99$5,058,030$0$0$3,992,781
100$5,471,764$0$0$4,320,409