Can I retire at age 70 with 826,000?

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 $826,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$68,210$67,603$67,010$66,431$65,866$65,342
2 years$33,767$33,139$32,529$31,938$31,365$30,836
3 years$22,288$21,656$21,048$20,463$19,899$19,383
4 years$16,549$15,920$15,318$14,743$14,192$13,692
5 years$13,107$12,481$11,887$11,324$10,789$10,306
6 years$10,813$10,192$9,607$9,056$8,537$8,072
7 years$9,175$8,559$7,983$7,445$6,943$6,497
8 years$7,947$7,337$6,770$6,246$5,760$5,332
9 years$6,993$6,388$5,831$5,320$4,850$4,441
10 years$6,229$5,631$5,084$4,586$4,133$3,741
11 years$5,605$5,013$4,476$3,991$3,554$3,181
12 years$5,086$4,499$3,972$3,501$3,080$2,724
13 years$4,646$4,066$3,549$3,091$2,686$2,347
14 years$4,270$3,696$3,189$2,743$2,354$2,032
15 years$3,944$3,376$2,879$2,447$2,073$1,767
16 years$3,659$3,098$2,610$2,191$1,832$1,542
17 years$3,408$2,853$2,375$1,968$1,625$1,349
18 years$3,186$2,636$2,168$1,774$1,444$1,184
19 years$2,986$2,443$1,985$1,603$1,287$1,041
20 years$2,807$2,270$1,822$1,452$1,150$917
21 years$2,646$2,115$1,676$1,317$1,029$810
22 years$2,499$1,974$1,544$1,198$922$716
23 years$2,365$1,846$1,426$1,091$828$633
24 years$2,242$1,730$1,319$995$744$561
25 years$2,130$1,623$1,221$909$670$498
26 years$2,026$1,526$1,133$831$603$442
27 years$1,930$1,436$1,052$761$544$392
28 years$1,841$1,353$978$697$491$349
29 years$1,758$1,276$910$639$443$310
30 years$1,681$1,205$848$586$400$276
31 years$1,610$1,139$790$539$362$246
32 years$1,542$1,078$737$495$327$219
33 years$1,479$1,021$688$455$296$195
34 years$1,420$968$643$419$268$174
35 years$1,364$918$601$386$243$155
36 years$1,312$871$563$355$220$138
37 years$1,262$827$527$327$200$123
38 years$1,216$786$493$302$181$110
39 years$1,171$748$462$278$164$98
40 years$1,129$711$433$256$149$88
41 years$1,089$677$406$237$135$78
42 years$1,052$645$381$218$123$70
43 years$1,016$615$357$202$111$62
44 years$981$586$335$186$101$56
45 years$949$559$315$172$92$50
46 years$918$533$296$159$83$44
47 years$888$508$278$147$76$40
48 years$860$485$261$136$69$35
49 years$832$464$245$125$62$32
50 years$806$443$231$116$57$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $826,000, adding $5,997 every year, while hoping to spend $23,423 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: 63/14/23 Blend
69$826,000$826,000$826,000$826,000
70$916,438$872,660$859,857$968,310
71$984,993$890,498$863,740$1,021,899
72$1,059,755$908,426$866,969$1,077,266
73$1,141,333$926,422$869,495$1,137,210
74$1,230,397$944,465$871,271$1,202,181
75$1,327,684$962,530$872,245$1,272,676
76$1,434,006$980,592$872,363$1,349,242
77$1,550,255$998,622$871,569$1,432,480
78$1,677,417$1,016,589$869,802$1,523,057
79$1,816,573$1,034,462$867,000$1,621,703
80$1,968,918$1,052,205$863,098$1,729,227
81$2,135,763$1,069,779$858,028$1,846,519
82$2,318,557$1,087,144$851,718$1,974,560
83$2,518,891$1,104,255$844,092$2,114,431
84$2,738,520$1,121,066$835,071$2,267,325
85$2,979,377$1,137,526$824,573$2,434,557
86$3,243,589$1,153,580$812,512$2,617,575
87$3,533,501$1,169,171$798,797$2,817,977
88$3,851,694$1,184,237$783,333$3,037,525
89$4,201,013$1,198,710$766,021$3,278,158
90$4,584,590$1,212,521$746,756$3,542,018
91$5,005,877$1,225,594$725,432$3,831,463
92$5,468,676$1,237,847$701,933$4,149,094
93$5,977,175$1,249,195$676,141$4,497,779
94$6,535,987$1,259,546$647,932$4,880,677
95$7,150,196$1,268,802$617,176$5,301,272
96$7,825,401$1,276,859$583,738$5,763,406
97$8,567,774$1,283,607$547,474$6,271,310
98$9,384,109$1,288,926$508,237$6,829,652
99$10,281,898$1,292,693$465,872$7,443,577
100$11,269,390$1,294,773$420,217$8,118,753