Can I retire at age 70 with 9,100,000?

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 $9,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$751,469$744,776$738,245$731,871$725,647$705,246
2 years$372,015$365,086$358,371$351,861$345,546$325,148
3 years$245,546$238,588$231,890$225,441$219,229$199,472
4 years$182,324$175,387$168,757$162,417$156,356$137,393
5 years$144,401$137,506$130,962$124,752$118,859$100,741
6 years$119,127$112,284$105,837$99,765$94,049$76,794
7 years$101,082$94,296$87,951$82,023$76,487$60,094
8 years$87,554$80,829$74,589$68,807$63,453$47,914
9 years$77,037$70,376$64,244$58,608$53,437$38,736
10 years$68,629$62,033$56,009$50,521$45,531$31,649
11 years$61,754$55,224$49,310$43,968$39,158$26,073
12 years$56,029$49,566$43,761$38,566$33,934$21,620
13 years$51,189$44,794$39,098$34,048$29,591$18,021
14 years$47,043$40,716$35,129$30,224$25,939$15,086
15 years$43,454$37,195$31,717$26,954$22,839$12,673
16 years$40,316$34,126$28,756$24,135$20,185$10,677
17 years$37,551$31,428$26,167$21,685$17,897$9,017
18 years$35,095$29,041$23,887$19,542$15,914$7,630
19 years$32,901$26,915$21,867$17,658$14,184$6,467
20 years$30,928$25,011$20,069$15,993$12,670$5,489
21 years$29,146$23,297$18,459$14,515$11,338$4,664
22 years$27,527$21,747$17,013$13,197$10,163$3,968
23 years$26,052$20,339$15,709$12,019$9,123$3,378
24 years$24,702$19,056$14,528$10,962$8,200$2,878
25 years$23,461$17,884$13,456$10,011$7,378$2,453
26 years$22,318$16,808$12,480$9,154$6,646$2,092
27 years$21,261$15,818$11,588$8,379$5,992$1,785
28 years$20,282$14,905$10,773$7,677$5,407$1,524
29 years$19,372$14,061$10,025$7,040$4,882$1,301
30 years$18,524$13,279$9,338$6,461$4,411$1,111
31 years$17,732$12,553$8,706$5,933$3,988$949
32 years$16,991$11,878$8,122$5,453$3,608$811
33 years$16,297$11,249$7,584$5,015$3,265$693
34 years$15,645$10,661$7,086$4,614$2,956$592
35 years$15,031$10,112$6,625$4,247$2,677$506
36 years$14,453$9,598$6,197$3,912$2,426$433
37 years$13,907$9,116$5,801$3,604$2,199$370
38 years$13,392$8,663$5,432$3,322$1,993$317
39 years$12,904$8,238$5,089$3,063$1,808$271
40 years$12,441$7,838$4,770$2,825$1,640$231
41 years$12,002$7,461$4,473$2,607$1,487$198
42 years$11,586$7,105$4,196$2,406$1,350$169
43 years$11,189$6,770$3,937$2,221$1,225$145
44 years$10,812$6,453$3,696$2,050$1,112$124
45 years$10,453$6,154$3,470$1,894$1,009$106
46 years$10,110$5,870$3,259$1,749$916$91
47 years$9,783$5,602$3,062$1,616$832$77
48 years$9,470$5,348$2,877$1,493$756$66
49 years$9,171$5,107$2,705$1,380$686$57
50 years$8,885$4,878$2,543$1,276$623$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $9,100,000, adding $2,408 every year, while hoping to spend $31,829 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: 70/25/5 Blend
69$9,100,000$9,100,000$9,100,000$9,100,000
70$10,030,684$9,548,384$9,407,334$10,727,645
71$11,019,948$9,982,389$9,688,614$11,622,218
72$12,109,050$10,436,593$9,978,250$12,596,524
73$13,308,140$10,911,953$10,276,488$13,661,671
74$14,628,402$11,409,471$10,583,582$14,826,561
75$16,082,161$11,930,196$10,899,794$16,100,991
76$17,682,994$12,475,230$11,225,390$17,495,737
77$19,445,868$13,045,724$11,560,649$19,022,661
78$21,387,269$13,642,887$11,905,853$20,694,812
79$23,525,368$14,267,986$12,261,297$22,526,554
80$25,880,186$14,922,348$12,627,281$24,533,696
81$28,473,785$15,607,363$13,004,114$26,733,636
82$31,330,476$16,324,489$13,392,118$29,145,529
83$34,477,050$17,075,253$13,791,618$31,790,456
84$37,943,026$17,861,258$14,202,955$34,691,627
85$41,760,935$18,684,180$14,626,474$37,874,595
86$45,966,624$19,545,779$15,062,535$41,367,492
87$50,599,595$20,447,897$15,511,505$45,201,292
88$55,703,376$21,392,467$15,973,763$49,410,099
89$61,325,936$22,381,513$16,449,700$54,031,467
90$67,520,133$23,417,159$16,939,716$59,106,749
91$74,344,215$24,501,628$17,444,225$64,681,483
92$81,862,369$25,637,252$17,963,651$70,805,815
93$90,145,330$26,826,476$18,498,432$77,534,974
94$99,271,041$28,071,861$19,049,017$84,929,782
95$109,325,398$29,376,093$19,615,870$93,057,226
96$120,403,054$30,741,987$20,199,467$101,991,084
97$132,608,315$32,172,494$20,800,298$111,812,618
98$146,056,123$33,670,705$21,418,868$122,611,331
99$160,873,142$35,239,865$22,055,695$134,485,811
100$177,198,955$36,883,371$22,711,314$147,544,649