Can I retire at age 70 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,067,044
2 years$551,890$541,611$531,650$521,992$512,623$503,085
3 years$364,272$353,949$344,013$334,445$325,229$315,914
4 years$270,481$260,190$250,353$240,949$231,956$222,935
5 years$214,222$203,992$194,284$185,072$176,329$167,630
6 years$176,727$166,575$157,011$148,003$139,524$131,156
7 years$149,956$139,889$130,477$121,682$113,470$105,438
8 years$129,887$119,911$110,654$102,076$94,134$86,438
9 years$114,286$104,404$95,307$86,946$79,275$71,911
10 years$101,812$92,027$83,091$74,948$67,546$60,511
11 years$91,613$81,926$73,152$65,227$58,092$51,380
12 years$83,120$73,533$64,920$57,213$50,341$43,947
13 years$75,940$66,452$58,002$50,511$43,898$37,814
14 years$69,790$60,403$52,115$44,838$38,481$32,699
15 years$64,465$55,179$47,053$39,987$33,882$28,393
16 years$59,810$50,626$42,660$35,804$29,945$24,741
17 years$55,707$46,625$38,819$32,170$26,551$21,623
18 years$52,064$43,083$35,437$28,992$23,608$18,947
19 years$48,809$39,929$32,441$26,196$21,042$16,638
20 years$45,882$37,104$29,772$23,726$18,795$14,639
21 years$43,238$34,561$27,385$21,533$16,820$12,901
22 years$40,837$32,261$25,239$19,578$15,077$11,385
23 years$38,649$30,173$23,304$17,830$13,534$10,061
24 years$36,645$28,271$21,552$16,262$12,164$8,900
25 years$34,805$26,531$19,962$14,852$10,946$7,881
26 years$33,109$24,934$18,514$13,580$9,860$6,984
27 years$31,542$23,466$17,192$12,430$8,889$6,194
28 years$30,089$22,112$15,982$11,388$8,021$5,497
29 years$28,738$20,860$14,872$10,443$7,243$4,881
30 years$27,480$19,700$13,853$9,584$6,544$4,337
31 years$26,306$18,623$12,915$8,802$5,917$3,855
32 years$25,207$17,621$12,050$8,090$5,352$3,427
33 years$24,177$16,688$11,251$7,439$4,844$3,049
34 years$23,209$15,816$10,512$6,845$4,385$2,713
35 years$22,299$15,001$9,828$6,301$3,972$2,414
36 years$21,441$14,239$9,194$5,803$3,599$2,149
37 years$20,632$13,523$8,605$5,347$3,262$1,914
38 years$19,867$12,852$8,059$4,928$2,957$1,705
39 years$19,143$12,221$7,550$4,544$2,682$1,519
40 years$18,457$11,627$7,077$4,191$2,432$1,353
41 years$17,806$11,068$6,636$3,867$2,207$1,206
42 years$17,187$10,541$6,224$3,569$2,002$1,074
43 years$16,600$10,043$5,841$3,294$1,817$957
44 years$16,040$9,573$5,483$3,042$1,649$853
45 years$15,507$9,129$5,148$2,809$1,497$761
46 years$14,998$8,709$4,835$2,595$1,360$678
47 years$14,513$8,311$4,543$2,397$1,235$605
48 years$14,049$7,934$4,269$2,215$1,121$539
49 years$13,605$7,576$4,012$2,047$1,018$481
50 years$13,181$7,237$3,772$1,892$925$429

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $13,500,000, adding $5,816 every year, while hoping to spend $24,709 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: 46/44/10 Blend
69$13,500,000$13,500,000$13,500,000$13,500,000
70$14,882,999$14,167,499$13,958,249$15,525,795
71$16,374,775$14,835,416$14,399,560$16,638,219
72$18,017,884$15,535,234$14,854,827$17,841,262
73$19,827,735$16,268,487$15,324,491$19,145,754
74$21,821,311$17,036,790$15,809,008$20,561,093
75$24,017,322$17,841,830$16,308,847$22,097,593
76$26,436,388$18,685,379$16,824,494$23,766,574
77$29,101,233$19,569,296$17,356,447$25,580,465
78$32,036,894$20,495,527$17,905,223$27,552,909
79$35,270,963$21,466,114$18,471,355$29,698,891
80$38,833,847$22,483,198$19,055,390$32,034,870
81$42,759,049$23,549,025$19,657,896$34,578,924
82$47,083,493$24,665,949$20,279,457$37,350,918
83$51,847,866$25,836,436$20,920,675$40,372,677
84$57,097,003$27,063,076$21,582,172$43,668,190
85$62,880,312$28,348,582$22,264,590$47,263,820
86$69,252,241$29,695,800$22,968,590$51,188,550
87$76,272,788$31,107,712$23,694,856$55,474,242
88$84,008,070$32,587,448$24,444,092$60,155,930
89$92,530,948$34,138,288$25,217,024$65,272,136
90$101,921,712$35,763,671$26,014,402$70,865,227
91$112,268,842$37,467,206$26,836,999$76,981,800
92$123,669,838$39,252,674$27,685,613$83,673,109
93$136,232,148$41,124,041$28,561,068$90,995,536
94$150,074,175$43,085,467$29,464,211$99,011,109
95$165,326,399$45,141,313$30,395,920$107,788,076
96$182,132,607$47,296,152$31,357,098$117,401,529
97$200,651,249$49,554,780$32,348,678$127,934,101
98$221,056,938$51,922,226$33,371,620$139,476,725
99$243,542,094$54,403,763$34,426,918$152,129,482
100$268,318,763$57,004,922$35,515,594$166,002,518