Can I retire at age 70 with 735,000?

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 $735,000?

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$60,696$60,155$59,627$59,113$58,610$57,592
2 years$30,047$29,488$28,945$28,420$27,909$26,887
3 years$19,833$19,271$18,730$18,209$17,707$16,712
4 years$14,726$14,166$13,630$13,118$12,629$11,669
5 years$11,663$11,106$10,578$10,076$9,600$8,678
6 years$9,622$9,069$8,548$8,058$7,596$6,713
7 years$8,164$7,616$7,104$6,625$6,178$5,334
8 years$7,072$6,528$6,025$5,557$5,125$4,320
9 years$6,222$5,684$5,189$4,734$4,316$3,550
10 years$5,543$5,010$4,524$4,081$3,678$2,949
11 years$4,988$4,460$3,983$3,551$3,163$2,472
12 years$4,525$4,003$3,535$3,115$2,741$2,086
13 years$4,134$3,618$3,158$2,750$2,390$1,771
14 years$3,800$3,289$2,837$2,441$2,095$1,510
15 years$3,510$3,004$2,562$2,177$1,845$1,292
16 years$3,256$2,756$2,323$1,949$1,630$1,110
17 years$3,033$2,538$2,113$1,751$1,446$956
18 years$2,835$2,346$1,929$1,578$1,285$825
19 years$2,657$2,174$1,766$1,426$1,146$713
20 years$2,498$2,020$1,621$1,292$1,023$618
21 years$2,354$1,882$1,491$1,172$916$536
22 years$2,223$1,756$1,374$1,066$821$466
23 years$2,104$1,643$1,269$971$737$405
24 years$1,995$1,539$1,173$885$662$352
25 years$1,895$1,444$1,087$809$596$307
26 years$1,803$1,358$1,008$739$537$267
27 years$1,717$1,278$936$677$484$233
28 years$1,638$1,204$870$620$437$204
29 years$1,565$1,136$810$569$394$178
30 years$1,496$1,073$754$522$356$155
31 years$1,432$1,014$703$479$322$136
32 years$1,372$959$656$440$291$118
33 years$1,316$909$613$405$264$104
34 years$1,264$861$572$373$239$91
35 years$1,214$817$535$343$216$79
36 years$1,167$775$501$316$196$69
37 years$1,123$736$469$291$178$61
38 years$1,082$700$439$268$161$53
39 years$1,042$665$411$247$146$46
40 years$1,005$633$385$228$132$41
41 years$969$603$361$211$120$35
42 years$936$574$339$194$109$31
43 years$904$547$318$179$99$27
44 years$873$521$298$166$90$24
45 years$844$497$280$153$82$21
46 years$817$474$263$141$74$18
47 years$790$452$247$131$67$16
48 years$765$432$232$121$61$14
49 years$741$412$218$111$55$12
50 years$718$394$205$103$50$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $735,000, adding $6,092 every year, while hoping to spend $30,246 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: 46/34/20 Blend
69$735,000$735,000$735,000$735,000
70$816,254$777,299$765,906$848,878
71$867,330$783,205$759,383$878,231
72$922,603$788,387$751,627$906,566
73$982,467$792,777$742,565$936,679
74$1,047,360$796,304$732,122$968,749
75$1,117,758$798,890$720,216$1,002,975
76$1,194,190$800,456$706,764$1,039,579
77$1,277,234$800,915$691,677$1,078,804
78$1,367,527$800,176$674,864$1,120,922
79$1,465,771$798,140$656,227$1,166,234
80$1,572,737$794,706$635,668$1,215,074
81$1,689,273$789,764$613,080$1,267,811
82$1,816,313$783,196$588,352$1,324,854
83$1,954,885$774,882$561,371$1,386,656
84$2,106,121$764,689$532,014$1,453,721
85$2,271,266$752,479$500,157$1,526,603
86$2,451,691$738,106$465,668$1,605,919
87$2,648,905$721,415$428,410$1,692,350
88$2,864,570$702,241$388,238$1,786,650
89$3,100,516$680,410$345,003$1,889,653
90$3,358,756$655,737$298,548$2,002,283
91$3,641,509$628,028$248,710$2,125,560
92$3,951,218$597,077$195,317$2,260,615
93$4,290,573$562,665$138,191$2,408,696
94$4,662,536$524,560$77,145$2,571,184
95$5,070,372$482,520$11,986$2,749,607
96$5,517,672$436,286$0$2,945,652
97$6,008,396$385,586$0$3,173,466
98$6,546,903$330,130$0$3,426,358
99$7,137,996$269,615$0$3,704,092
100$7,786,965$203,720$0$4,009,235