Can I retire at age 70 with 900,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$74,321$73,659$73,013$72,383$71,767$70,405
2 years$36,793$36,107$35,443$34,799$34,175$32,807
3 years$24,285$23,597$22,934$22,296$21,682$20,352
4 years$18,032$17,346$16,690$16,063$15,464$14,182
5 years$14,281$13,599$12,952$12,338$11,755$10,525
6 years$11,782$11,105$10,467$9,867$9,302$8,124
7 years$9,997$9,326$8,698$8,112$7,565$6,441
8 years$8,659$7,994$7,377$6,805$6,276$5,205
9 years$7,619$6,960$6,354$5,796$5,285$4,266
10 years$6,787$6,135$5,539$4,997$4,503$3,536
11 years$6,108$5,462$4,877$4,348$3,873$2,956
12 years$5,541$4,902$4,328$3,814$3,356$2,488
13 years$5,063$4,430$3,867$3,367$2,927$2,106
14 years$4,653$4,027$3,474$2,989$2,565$1,791
15 years$4,298$3,679$3,137$2,666$2,259$1,529
16 years$3,987$3,375$2,844$2,387$1,996$1,309
17 years$3,714$3,108$2,588$2,145$1,770$1,124
18 years$3,471$2,872$2,362$1,933$1,574$968
19 years$3,254$2,662$2,163$1,746$1,403$834
20 years$3,059$2,474$1,985$1,582$1,253$721
21 years$2,883$2,304$1,826$1,436$1,121$623
22 years$2,722$2,151$1,683$1,305$1,005$540
23 years$2,577$2,012$1,554$1,189$902$468
24 years$2,443$1,885$1,437$1,084$811$406
25 years$2,320$1,769$1,331$990$730$352
26 years$2,207$1,662$1,234$905$657$306
27 years$2,103$1,564$1,146$829$593$266
28 years$2,006$1,474$1,065$759$535$231
29 years$1,916$1,391$991$696$483$201
30 years$1,832$1,313$924$639$436$175
31 years$1,754$1,242$861$587$394$153
32 years$1,680$1,175$803$539$357$133
33 years$1,612$1,113$750$496$323$116
34 years$1,547$1,054$701$456$292$101
35 years$1,487$1,000$655$420$265$88
36 years$1,429$949$613$387$240$77
37 years$1,375$902$574$356$217$67
38 years$1,324$857$537$329$197$58
39 years$1,276$815$503$303$179$51
40 years$1,230$775$472$279$162$44
41 years$1,187$738$442$258$147$39
42 years$1,146$703$415$238$133$34
43 years$1,107$670$389$220$121$29
44 years$1,069$638$366$203$110$26
45 years$1,034$609$343$187$100$22
46 years$1,000$581$322$173$91$20
47 years$968$554$303$160$82$17
48 years$937$529$285$148$75$15
49 years$907$505$267$136$68$13
50 years$879$482$251$126$62$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $900,000, adding $6,100 every year, while hoping to spend $38,261 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: 72/9/19 Blend
69$900,000$900,000$900,000$900,000
70$998,092$950,392$936,442$1,065,007
71$1,059,188$956,252$927,104$1,116,161
72$1,125,234$961,117$916,170$1,166,984
73$1,196,693$964,897$903,547$1,221,673
74$1,274,077$967,498$889,137$1,280,603
75$1,357,946$968,819$872,837$1,344,191
76$1,448,919$968,753$854,539$1,412,895
77$1,547,673$967,186$834,130$1,487,221
78$1,654,956$963,999$811,494$1,567,728
79$1,771,588$959,061$786,505$1,655,029
80$1,898,473$952,238$759,036$1,749,805
81$2,036,605$943,386$728,952$1,852,805
82$2,187,078$932,351$696,111$1,964,853
83$2,351,096$918,972$660,367$2,086,861
84$2,529,983$903,077$621,564$2,219,833
85$2,725,197$884,484$579,542$2,364,878
86$2,938,343$863,000$534,134$2,523,219
87$3,171,189$838,421$485,161$2,696,203
88$3,425,678$810,532$432,443$2,885,317
89$3,703,953$779,103$375,785$3,092,202
90$4,008,370$743,894$314,988$3,318,665
91$4,341,527$704,648$249,843$3,566,702
92$4,706,281$661,094$180,131$3,838,513
93$5,105,781$612,946$105,625$4,136,523
94$5,543,492$559,902$26,085$4,463,407
95$6,023,233$501,643$0$4,822,117
96$6,549,209$437,828$0$5,227,826
97$7,126,049$368,103$0$5,678,619
98$7,758,855$292,089$0$6,173,214
99$8,453,244$209,388$0$6,716,030
100$9,215,405$119,578$0$7,311,938