Can I retire at age 70 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$66,889$66,293$65,712$65,145$64,591$63,261
2 years$33,113$32,497$31,899$31,319$30,757$29,424
3 years$21,856$21,237$20,641$20,067$19,514$18,218
4 years$16,229$15,611$15,021$14,457$13,917$12,669
5 years$12,853$12,240$11,657$11,104$10,580$9,383
6 years$10,604$9,994$9,421$8,880$8,371$7,227
7 years$8,997$8,393$7,829$7,301$6,808$5,716
8 years$7,793$7,195$6,639$6,125$5,648$4,609
9 years$6,857$6,264$5,718$5,217$4,756$3,769
10 years$6,109$5,522$4,985$4,497$4,053$3,116
11 years$5,497$4,916$4,389$3,914$3,486$2,598
12 years$4,987$4,412$3,895$3,433$3,020$2,181
13 years$4,556$3,987$3,480$3,031$2,634$1,842
14 years$4,187$3,624$3,127$2,690$2,309$1,562
15 years$3,868$3,311$2,823$2,399$2,033$1,330
16 years$3,589$3,038$2,560$2,148$1,797$1,135
17 years$3,342$2,797$2,329$1,930$1,593$972
18 years$3,124$2,585$2,126$1,739$1,416$834
19 years$2,929$2,396$1,946$1,572$1,263$717
20 years$2,753$2,226$1,786$1,424$1,128$618
21 years$2,594$2,074$1,643$1,292$1,009$532
22 years$2,450$1,936$1,514$1,175$905$460
23 years$2,319$1,810$1,398$1,070$812$397
24 years$2,199$1,696$1,293$976$730$343
25 years$2,088$1,592$1,198$891$657$297
26 years$1,987$1,496$1,111$815$592$257
27 years$1,892$1,408$1,031$746$533$223
28 years$1,805$1,327$959$683$481$193
29 years$1,724$1,252$892$627$435$168
30 years$1,649$1,182$831$575$393$146
31 years$1,578$1,117$775$528$355$126
32 years$1,512$1,057$723$485$321$110
33 years$1,451$1,001$675$446$291$95
34 years$1,393$949$631$411$263$83
35 years$1,338$900$590$378$238$72
36 years$1,286$854$552$348$216$62
37 years$1,238$811$516$321$196$54
38 years$1,192$771$484$296$177$47
39 years$1,149$733$453$273$161$41
40 years$1,107$698$425$251$146$36
41 years$1,068$664$398$232$132$31
42 years$1,031$632$373$214$120$27
43 years$996$603$350$198$109$23
44 years$962$574$329$183$99$20
45 years$930$548$309$169$90$18
46 years$900$523$290$156$82$15
47 years$871$499$273$144$74$13
48 years$843$476$256$133$67$12
49 years$816$455$241$123$61$10
50 years$791$434$226$114$55$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $810,000, adding $3,814 every year, while hoping to spend $32,282 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: 53/30/17 Blend
69$810,000$810,000$810,000$810,000
70$896,554$853,624$841,069$939,756
71$953,655$861,104$834,897$977,226
72$1,015,498$867,868$827,436$1,014,244
73$1,082,533$873,848$818,610$1,053,811
74$1,155,254$878,970$808,336$1,096,177
75$1,234,206$883,155$796,531$1,141,621
76$1,319,985$886,320$783,106$1,190,450
77$1,413,251$888,377$767,967$1,243,004
78$1,514,727$889,231$751,018$1,299,660
79$1,625,209$888,783$732,157$1,360,833
80$1,745,573$886,927$711,277$1,426,984
81$1,876,784$883,549$688,267$1,498,620
82$2,019,904$878,530$663,012$1,576,303
83$2,176,099$871,744$635,388$1,660,655
84$2,346,657$863,055$605,270$1,752,362
85$2,532,993$852,321$572,523$1,852,183
86$2,736,665$839,391$537,008$1,960,955
87$2,959,388$824,105$498,582$2,079,605
88$3,203,052$806,292$457,090$2,209,156
89$3,469,736$785,774$412,376$2,350,739
90$3,761,732$762,359$364,273$2,505,602
91$4,081,560$735,847$312,608$2,675,126
92$4,431,999$706,024$257,201$2,860,833
93$4,816,108$672,664$197,862$3,064,406
94$5,237,256$635,528$134,395$3,287,704
95$5,699,152$594,366$66,593$3,532,777
96$6,205,884$548,908$0$3,801,892
97$6,761,954$498,874$0$4,098,594
98$7,372,319$443,965$0$4,437,559
99$8,042,442$383,866$0$4,809,785
100$8,778,340$318,243$0$5,218,680