Can I retire at age 70 with 784,000?

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 $784,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$64,742$64,165$63,603$63,053$62,517$61,685
2 years$32,050$31,454$30,875$30,314$29,770$28,933
3 years$21,155$20,555$19,978$19,423$18,887$18,071
4 years$15,708$15,110$14,539$13,993$13,471$12,682
5 years$12,441$11,847$11,283$10,748$10,240$9,481
6 years$10,263$9,674$9,118$8,595$8,103$7,374
7 years$8,709$8,124$7,577$7,067$6,590$5,892
8 years$7,543$6,964$6,426$5,928$5,467$4,800
9 years$6,637$6,063$5,535$5,049$4,604$3,968
10 years$5,913$5,344$4,825$4,353$3,923$3,316
11 years$5,320$4,758$4,248$3,788$3,374$2,797
12 years$4,827$4,270$3,770$3,323$2,924$2,376
13 years$4,410$3,859$3,368$2,933$2,549$2,030
14 years$4,053$3,508$3,027$2,604$2,235$1,742
15 years$3,744$3,204$2,733$2,322$1,968$1,502
16 years$3,473$2,940$2,477$2,079$1,739$1,299
17 years$3,235$2,708$2,254$1,868$1,542$1,126
18 years$3,024$2,502$2,058$1,684$1,371$979
19 years$2,835$2,319$1,884$1,521$1,222$853
20 years$2,665$2,155$1,729$1,378$1,092$744
21 years$2,511$2,007$1,590$1,250$977$651
22 years$2,372$1,874$1,466$1,137$876$569
23 years$2,244$1,752$1,353$1,035$786$499
24 years$2,128$1,642$1,252$944$706$438
25 years$2,021$1,541$1,159$862$636$384
26 years$1,923$1,448$1,075$789$573$338
27 years$1,832$1,363$998$722$516$297
28 years$1,747$1,284$928$661$466$261
29 years$1,669$1,211$864$606$421$230
30 years$1,596$1,144$805$557$380$202
31 years$1,528$1,082$750$511$344$178
32 years$1,464$1,023$700$470$311$157
33 years$1,404$969$653$432$281$138
34 years$1,348$919$610$397$255$122
35 years$1,295$871$571$366$231$108
36 years$1,245$827$534$337$209$95
37 years$1,198$785$500$311$189$84
38 years$1,154$746$468$286$172$74
39 years$1,112$710$438$264$156$65
40 years$1,072$675$411$243$141$58
41 years$1,034$643$385$225$128$51
42 years$998$612$361$207$116$45
43 years$964$583$339$191$106$40
44 years$932$556$318$177$96$35
45 years$901$530$299$163$87$31
46 years$871$506$281$151$79$27
47 years$843$483$264$139$72$24
48 years$816$461$248$129$65$21
49 years$790$440$233$119$59$19
50 years$765$420$219$110$54$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $784,000, adding $2,995 every year, while hoping to spend $51,213 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: 59/31/10 Blend
69$784,000$784,000$784,000$784,000
70$867,057$825,505$813,353$916,006
71$901,007$811,465$786,110$935,231
72$936,703$795,020$756,238$950,140
73$974,270$775,999$723,595$965,145
74$1,013,842$754,219$688,032$980,260
75$1,055,566$729,489$649,394$995,501
76$1,099,603$701,603$607,518$1,010,890
77$1,146,128$670,347$562,235$1,026,454
78$1,195,331$635,492$513,368$1,042,222
79$1,247,420$596,796$460,731$1,058,233
80$1,302,622$554,004$404,131$1,074,533
81$1,361,186$506,847$343,365$1,091,173
82$1,423,382$455,038$278,224$1,108,216
83$1,489,508$398,276$208,485$1,125,734
84$1,559,889$336,242$133,921$1,143,812
85$1,634,880$268,600$54,289$1,162,545
86$1,714,870$194,994$0$1,182,046
87$1,800,287$115,048$0$1,205,718
88$1,891,596$28,366$0$1,236,828
89$1,989,311$0$0$1,269,774
90$2,093,992$0$0$1,327,110
91$2,206,258$0$0$1,399,020
92$2,326,783$0$0$1,476,267
93$2,456,309$0$0$1,559,330
94$2,595,651$0$0$1,648,740
95$2,745,702$0$0$1,745,075
96$2,907,446$0$0$1,848,974
97$3,081,961$0$0$1,961,136
98$3,270,432$0$0$2,082,331
99$3,474,162$0$0$2,213,405
100$3,694,581$0$0$2,355,286