Can I retire at age 70 with 872,000?

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 $872,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$72,009$71,368$70,742$70,131$69,535$69,038
2 years$35,648$34,984$34,341$33,717$33,112$32,611
3 years$23,529$22,862$22,221$21,603$21,007$20,519
4 years$17,471$16,806$16,171$15,564$14,983$14,509
5 years$13,837$13,176$12,549$11,954$11,390$10,932
6 years$11,415$10,760$10,142$9,560$9,012$8,572
7 years$9,686$9,036$8,428$7,860$7,329$6,906
8 years$8,390$7,745$7,147$6,593$6,080$5,675
9 years$7,382$6,744$6,156$5,616$5,121$4,732
10 years$6,576$5,944$5,367$4,841$4,363$3,992
11 years$5,918$5,292$4,725$4,213$3,752$3,398
12 years$5,369$4,750$4,193$3,696$3,252$2,913
13 years$4,905$4,292$3,746$3,263$2,836$2,513
14 years$4,508$3,902$3,366$2,896$2,486$2,179
15 years$4,164$3,564$3,039$2,583$2,189$1,897
16 years$3,863$3,270$2,756$2,313$1,934$1,658
17 years$3,598$3,012$2,507$2,078$1,715$1,453
18 years$3,363$2,783$2,289$1,873$1,525$1,277
19 years$3,153$2,579$2,095$1,692$1,359$1,124
20 years$2,964$2,397$1,923$1,533$1,214$992
21 years$2,793$2,232$1,769$1,391$1,086$877
22 years$2,638$2,084$1,630$1,265$974$776
23 years$2,496$1,949$1,505$1,152$874$688
24 years$2,367$1,826$1,392$1,050$786$610
25 years$2,248$1,714$1,289$959$707$542
26 years$2,139$1,611$1,196$877$637$482
27 years$2,037$1,516$1,110$803$574$429
28 years$1,943$1,428$1,032$736$518$382
29 years$1,856$1,347$961$675$468$340
30 years$1,775$1,272$895$619$423$303
31 years$1,699$1,203$834$569$382$270
32 years$1,628$1,138$778$523$346$241
33 years$1,562$1,078$727$481$313$215
34 years$1,499$1,022$679$442$283$192
35 years$1,440$969$635$407$257$172
36 years$1,385$920$594$375$232$153
37 years$1,333$874$556$345$211$137
38 years$1,283$830$521$318$191$122
39 years$1,236$789$488$294$173$109
40 years$1,192$751$457$271$157$98
41 years$1,150$715$429$250$143$87
42 years$1,110$681$402$231$129$78
43 years$1,072$649$377$213$117$70
44 years$1,036$618$354$196$107$63
45 years$1,002$590$333$181$97$56
46 years$969$563$312$168$88$50
47 years$937$537$293$155$80$45
48 years$907$512$276$143$72$40
49 years$879$489$259$132$66$36
50 years$851$467$244$122$60$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $872,000, adding $6,423 every year, while hoping to spend $26,118 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: 67/21/12 Blend
69$872,000$872,000$872,000$872,000
70$967,569$921,353$907,837$1,029,402
71$1,038,472$938,710$910,461$1,088,746
72$1,115,731$956,042$912,296$1,149,908
73$1,199,968$973,321$913,291$1,216,108
74$1,291,866$990,514$913,387$1,287,836
75$1,392,177$1,007,590$912,525$1,365,633
76$1,501,728$1,024,511$910,644$1,450,096
77$1,621,431$1,041,239$907,678$1,541,879
78$1,752,290$1,057,733$903,558$1,641,707
79$1,895,409$1,073,947$898,212$1,750,376
80$2,052,004$1,089,833$891,565$1,868,764
81$2,223,414$1,105,341$883,539$1,997,839
82$2,411,114$1,120,415$874,050$2,138,669
83$2,616,729$1,134,996$863,011$2,292,427
84$2,842,047$1,149,022$850,333$2,460,410
85$3,089,036$1,162,425$835,920$2,644,046
86$3,359,868$1,175,134$819,673$2,844,908
87$3,656,930$1,187,071$801,488$3,064,731
88$3,982,855$1,198,155$781,256$3,305,425
89$4,340,541$1,208,300$758,863$3,569,099
90$4,733,181$1,217,412$734,190$3,858,075
91$5,164,293$1,225,392$707,112$4,174,912
92$5,637,750$1,232,136$677,500$4,522,432
93$6,157,821$1,237,531$645,217$4,903,745
94$6,729,207$1,241,458$610,120$5,322,278
95$7,357,088$1,243,792$572,061$5,781,809
96$8,047,171$1,244,397$530,885$6,286,504
97$8,805,741$1,243,131$486,428$6,840,951
98$9,639,724$1,239,843$438,521$7,450,211
99$10,556,752$1,234,371$386,988$8,119,859
100$11,565,230$1,226,545$331,641$8,856,044