Can I retire at age 70 with 734,000?

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 $734,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$60,613$60,073$59,546$59,032$58,530$56,908
2 years$30,006$29,448$28,906$28,381$27,872$26,249
3 years$19,806$19,244$18,704$18,184$17,683$16,111
4 years$14,706$14,147$13,612$13,100$12,612$11,103
5 years$11,647$11,091$10,563$10,062$9,587$8,145
6 years$9,609$9,057$8,537$8,047$7,586$6,212
7 years$8,153$7,606$7,094$6,616$6,169$4,864
8 years$7,062$6,520$6,016$5,550$5,118$3,881
9 years$6,214$5,676$5,182$4,727$4,310$3,139
10 years$5,536$5,004$4,518$4,075$3,672$2,566
11 years$4,981$4,454$3,977$3,546$3,158$2,116
12 years$4,519$3,998$3,530$3,111$2,737$1,755
13 years$4,129$3,613$3,154$2,746$2,387$1,464
14 years$3,794$3,284$2,834$2,438$2,092$1,227
15 years$3,505$3,000$2,558$2,174$1,842$1,031
16 years$3,252$2,753$2,319$1,947$1,628$869
17 years$3,029$2,535$2,111$1,749$1,444$735
18 years$2,831$2,342$1,927$1,576$1,284$622
19 years$2,654$2,171$1,764$1,424$1,144$528
20 years$2,495$2,017$1,619$1,290$1,022$448
21 years$2,351$1,879$1,489$1,171$914$381
22 years$2,220$1,754$1,372$1,064$820$325
23 years$2,101$1,641$1,267$969$736$276
24 years$1,992$1,537$1,172$884$661$236
25 years$1,892$1,442$1,085$807$595$201
26 years$1,800$1,356$1,007$738$536$172
27 years$1,715$1,276$935$676$483$147
28 years$1,636$1,202$869$619$436$125
29 years$1,563$1,134$809$568$394$107
30 years$1,494$1,071$753$521$356$91
31 years$1,430$1,013$702$479$322$78
32 years$1,370$958$655$440$291$67
33 years$1,314$907$612$404$263$57
34 years$1,262$860$572$372$238$49
35 years$1,212$816$534$343$216$42
36 years$1,166$774$500$316$196$36
37 years$1,122$735$468$291$177$31
38 years$1,080$699$438$268$161$26
39 years$1,041$664$410$247$146$22
40 years$1,003$632$385$228$132$19
41 years$968$602$361$210$120$16
42 years$934$573$338$194$109$14
43 years$903$546$318$179$99$12
44 years$872$521$298$165$90$10
45 years$843$496$280$153$81$9
46 years$815$473$263$141$74$8
47 years$789$452$247$130$67$6
48 years$764$431$232$120$61$6
49 years$740$412$218$111$55$5
50 years$717$393$205$103$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $734,000, adding $6,146 every year, while hoping to spend $51,821 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: 51/33/16 Blend
69$734,000$734,000$734,000$734,000
70$815,208$776,306$764,929$852,919
71$843,222$759,207$735,417$862,386
72$872,356$739,535$703,179$866,747
73$902,671$717,106$668,070$870,347
74$934,230$691,731$629,937$873,130
75$967,102$663,206$588,620$875,038
76$1,001,361$631,318$543,953$876,012
77$1,037,085$595,838$495,762$875,988
78$1,074,362$556,528$443,864$874,902
79$1,113,283$513,134$388,069$872,687
80$1,153,948$465,388$328,179$869,274
81$1,196,465$413,006$263,987$864,590
82$1,240,950$355,689$195,277$858,562
83$1,287,529$293,120$121,821$851,115
84$1,336,340$224,966$43,385$842,170
85$1,387,530$150,873$0$831,647
86$1,441,261$70,468$0$826,351
87$1,497,706$0$0$827,665
88$1,557,056$0$0$834,182
89$1,619,517$0$0$867,998
90$1,685,314$0$0$903,648
91$1,754,692$0$0$941,268
92$1,827,916$0$0$981,007
93$1,905,278$0$0$1,023,027
94$1,987,094$0$0$1,067,504
95$2,073,712$0$0$1,114,633
96$2,165,508$0$0$1,164,623
97$2,262,896$0$0$1,217,705
98$2,366,328$0$0$1,274,132
99$2,476,297$0$0$1,334,180
100$2,593,344$0$0$1,398,150