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%18.2%
1 years$68,210$67,603$67,010$66,431$65,866$63,682
2 years$33,767$33,139$32,529$31,938$31,365$29,185
3 years$22,288$21,656$21,048$20,463$19,899$17,792
4 years$16,549$15,920$15,318$14,743$14,192$12,175
5 years$13,107$12,481$11,887$11,324$10,789$8,866
6 years$10,813$10,192$9,607$9,056$8,537$6,711
7 years$9,175$8,559$7,983$7,445$6,943$5,213
8 years$7,947$7,337$6,770$6,246$5,760$4,124
9 years$6,993$6,388$5,831$5,320$4,850$3,308
10 years$6,229$5,631$5,084$4,586$4,133$2,681
11 years$5,605$5,013$4,476$3,991$3,554$2,190
12 years$5,086$4,499$3,972$3,501$3,080$1,800
13 years$4,646$4,066$3,549$3,091$2,686$1,488
14 years$4,270$3,696$3,189$2,743$2,354$1,234
15 years$3,944$3,376$2,879$2,447$2,073$1,027
16 years$3,659$3,098$2,610$2,191$1,832$857
17 years$3,408$2,853$2,375$1,968$1,625$717
18 years$3,186$2,636$2,168$1,774$1,444$601
19 years$2,986$2,443$1,985$1,603$1,287$504
20 years$2,807$2,270$1,822$1,452$1,150$424
21 years$2,646$2,115$1,676$1,317$1,029$357
22 years$2,499$1,974$1,544$1,198$922$300
23 years$2,365$1,846$1,426$1,091$828$253
24 years$2,242$1,730$1,319$995$744$213
25 years$2,130$1,623$1,221$909$670$180
26 years$2,026$1,526$1,133$831$603$152
27 years$1,930$1,436$1,052$761$544$128
28 years$1,841$1,353$978$697$491$108
29 years$1,758$1,276$910$639$443$92
30 years$1,681$1,205$848$586$400$77
31 years$1,610$1,139$790$539$362$65
32 years$1,542$1,078$737$495$327$55
33 years$1,479$1,021$688$455$296$47
34 years$1,420$968$643$419$268$39
35 years$1,364$918$601$386$243$33
36 years$1,312$871$563$355$220$28
37 years$1,262$827$527$327$200$24
38 years$1,216$786$493$302$181$20
39 years$1,171$748$462$278$164$17
40 years$1,129$711$433$256$149$14
41 years$1,089$677$406$237$135$12
42 years$1,052$645$381$218$123$10
43 years$1,016$615$357$202$111$9
44 years$981$586$335$186$101$7
45 years$949$559$315$172$92$6
46 years$918$533$296$159$83$5
47 years$888$508$278$147$76$4
48 years$860$485$261$136$69$4
49 years$832$464$245$125$62$3
50 years$806$443$231$116$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $826,000, adding $2,746 every year, while hoping to spend $22,687 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: 47/43/10 Blend
69$826,000$826,000$826,000$826,000
70$913,084$869,306$856,503$953,356
71$982,080$887,764$861,058$999,839
72$1,057,353$906,365$865,004$1,047,680
73$1,139,520$925,093$868,298$1,099,082
74$1,229,258$943,930$870,893$1,154,385
75$1,327,316$962,856$872,741$1,213,961
76$1,434,514$981,848$873,790$1,278,220
77$1,551,759$1,000,883$873,987$1,347,617
78$1,680,047$1,019,935$873,273$1,422,648
79$1,820,475$1,038,975$871,592$1,503,865
80$1,974,253$1,057,974$868,879$1,591,872
81$2,142,710$1,076,899$865,071$1,687,339
82$2,327,314$1,095,714$860,098$1,791,000
83$2,529,677$1,114,381$853,888$1,903,669
84$2,751,579$1,132,860$846,368$2,026,238
85$2,994,976$1,151,107$837,458$2,159,695
86$3,262,026$1,169,074$827,075$2,305,128
87$3,555,105$1,186,710$815,134$2,463,733
88$3,876,828$1,203,962$801,544$2,636,834
89$4,230,080$1,220,770$786,210$2,825,888
90$4,618,034$1,237,074$769,034$3,032,500
91$5,044,188$1,252,806$749,912$3,258,441
92$5,512,397$1,267,894$728,735$3,505,665
93$6,026,904$1,282,264$705,391$3,776,323
94$6,592,386$1,295,834$679,760$4,072,790
95$7,213,997$1,308,516$651,718$4,397,682
96$7,897,410$1,320,220$621,137$4,753,883
97$8,648,881$1,330,845$587,880$5,144,576
98$9,475,299$1,340,289$551,806$5,573,265
99$10,384,255$1,348,438$512,767$6,043,818
100$11,384,112$1,355,175$470,608$6,560,497