Can I retire at age 70 with 899,000?

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 $899,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$74,239$73,577$72,932$72,302$71,688$70,413
2 years$36,752$36,067$35,404$34,761$34,137$32,857
3 years$24,258$23,570$22,909$22,272$21,658$20,413
4 years$18,012$17,327$16,672$16,045$15,447$14,246
5 years$14,266$13,584$12,938$12,324$11,742$10,589
6 years$11,769$11,093$10,456$9,856$9,291$8,187
7 years$9,986$9,316$8,689$8,103$7,556$6,502
8 years$8,650$7,985$7,369$6,797$6,269$5,263
9 years$7,611$6,953$6,347$5,790$5,279$4,322
10 years$6,780$6,128$5,533$4,991$4,498$3,588
11 years$6,101$5,456$4,871$4,344$3,868$3,006
12 years$5,535$4,897$4,323$3,810$3,352$2,535
13 years$5,057$4,425$3,862$3,364$2,923$2,150
14 years$4,647$4,022$3,470$2,986$2,563$1,832
15 years$4,293$3,675$3,133$2,663$2,256$1,567
16 years$3,983$3,371$2,841$2,384$1,994$1,345
17 years$3,710$3,105$2,585$2,142$1,768$1,157
18 years$3,467$2,869$2,360$1,931$1,572$998
19 years$3,250$2,659$2,160$1,744$1,401$863
20 years$3,055$2,471$1,983$1,580$1,252$747
21 years$2,879$2,302$1,824$1,434$1,120$647
22 years$2,719$2,148$1,681$1,304$1,004$562
23 years$2,574$2,009$1,552$1,187$901$488
24 years$2,440$1,883$1,435$1,083$810$424
25 years$2,318$1,767$1,329$989$729$369
26 years$2,205$1,660$1,233$904$657$322
27 years$2,100$1,563$1,145$828$592$280
28 years$2,004$1,473$1,064$758$534$244
29 years$1,914$1,389$990$695$482$213
30 years$1,830$1,312$923$638$436$186
31 years$1,752$1,240$860$586$394$162
32 years$1,679$1,173$802$539$356$142
33 years$1,610$1,111$749$495$323$124
34 years$1,546$1,053$700$456$292$108
35 years$1,485$999$654$420$265$94
36 years$1,428$948$612$386$240$83
37 years$1,374$901$573$356$217$72
38 years$1,323$856$537$328$197$63
39 years$1,275$814$503$303$179$55
40 years$1,229$774$471$279$162$48
41 years$1,186$737$442$258$147$42
42 years$1,145$702$415$238$133$37
43 years$1,105$669$389$219$121$32
44 years$1,068$638$365$203$110$28
45 years$1,033$608$343$187$100$25
46 years$999$580$322$173$91$22
47 years$966$553$302$160$82$19
48 years$936$528$284$148$75$16
49 years$906$505$267$136$68$14
50 years$878$482$251$126$62$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $899,000, adding $2,583 every year, while hoping to spend $43,814 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: 58/37/5 Blend
69$899,000$899,000$899,000$899,000
70$993,362$945,715$931,781$1,049,917
71$1,048,068$945,438$916,378$1,087,871
72$1,106,884$943,678$898,990$1,123,998
73$1,170,186$940,317$879,505$1,162,266
74$1,238,381$935,229$857,806$1,202,881
75$1,311,921$928,281$833,767$1,246,073
76$1,391,299$919,329$807,261$1,292,096
77$1,477,060$908,224$778,152$1,341,232
78$1,569,799$894,806$746,299$1,393,792
79$1,670,173$878,906$711,554$1,450,125
80$1,778,903$860,345$673,764$1,510,612
81$1,896,782$838,933$632,766$1,575,680
82$2,024,683$814,469$588,393$1,645,799
83$2,163,564$786,742$540,467$1,721,491
84$2,314,480$755,525$488,806$1,803,333
85$2,478,592$720,581$433,216$1,891,965
86$2,657,177$681,657$373,497$1,988,095
87$2,851,639$638,488$309,439$2,092,507
88$3,063,524$590,792$240,823$2,206,068
89$3,294,534$538,271$167,421$2,329,738
90$3,546,540$480,610$88,993$2,464,580
91$3,821,604$417,477$5,291$2,611,770
92$4,121,993$348,519$0$2,772,607
93$4,450,206$273,366$0$2,953,012
94$4,808,991$191,625$0$3,150,687
95$5,201,376$102,882$0$3,367,121
96$5,630,693$6,700$0$3,604,276
97$6,100,611$0$0$3,864,318
98$6,615,172$0$0$4,189,290
99$7,178,826$0$0$4,548,331
100$7,796,473$0$0$4,941,844