Can I retire at age 70 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,078,359
2 years$560,066$549,635$539,526$529,725$520,218$506,034
3 years$369,668$359,193$349,109$339,400$330,048$316,219
4 years$274,488$264,045$254,062$244,518$235,393$222,027
5 years$217,395$207,014$197,163$187,814$178,942$166,077
6 years$179,346$169,043$159,337$150,196$141,591$129,242
7 years$152,178$141,962$132,410$123,484$115,151$103,323
8 years$131,811$121,687$112,294$103,588$95,529$84,221
9 years$115,979$105,951$96,719$88,234$80,449$69,655
10 years$103,321$93,390$84,321$76,059$68,547$58,260
11 years$92,971$83,140$74,235$66,194$58,952$49,164
12 years$84,352$74,622$65,882$58,061$51,087$41,785
13 years$77,065$67,437$58,861$51,259$44,549$35,721
14 years$70,824$61,298$52,887$45,502$39,051$30,685
15 years$65,420$55,997$47,750$40,580$34,384$26,465
16 years$60,696$51,376$43,292$36,335$30,388$22,903
17 years$56,533$47,315$39,394$32,647$26,945$19,877
18 years$52,836$43,721$35,962$29,421$23,958$17,293
19 years$49,532$40,521$32,921$26,584$21,354$15,076
20 years$46,562$37,654$30,214$24,077$19,074$13,167
21 years$43,878$35,073$27,791$21,852$17,069$11,518
22 years$41,442$32,739$25,613$19,868$15,300$10,088
23 years$39,221$30,620$23,649$18,094$13,734$8,847
24 years$37,188$28,689$21,872$16,503$12,345$7,766
25 years$35,321$26,924$20,258$15,072$11,108$6,823
26 years$33,600$25,304$18,788$13,781$10,006$5,999
27 years$32,009$23,814$17,446$12,614$9,021$5,278
28 years$30,534$22,440$16,219$11,557$8,140$4,647
29 years$29,164$21,169$15,093$10,598$7,350$4,093
30 years$27,887$19,992$14,058$9,726$6,641$3,607
31 years$26,695$18,899$13,106$8,933$6,004$3,180
32 years$25,580$17,882$12,228$8,210$5,431$2,804
33 years$24,535$16,935$11,418$7,549$4,915$2,473
34 years$23,553$16,051$10,668$6,946$4,450$2,183
35 years$22,629$15,224$9,974$6,394$4,031$1,926
36 years$21,759$14,449$9,330$5,889$3,652$1,701
37 years$20,937$13,724$8,733$5,426$3,310$1,501
38 years$20,161$13,042$8,178$5,001$3,001$1,326
39 years$19,426$12,402$7,662$4,611$2,721$1,171
40 years$18,730$11,800$7,182$4,253$2,468$1,034
41 years$18,070$11,232$6,734$3,924$2,239$914
42 years$17,442$10,697$6,317$3,622$2,032$807
43 years$16,845$10,192$5,927$3,343$1,844$713
44 years$16,278$9,715$5,564$3,087$1,674$630
45 years$15,736$9,264$5,224$2,851$1,520$557
46 years$15,220$8,838$4,907$2,633$1,380$492
47 years$14,728$8,434$4,610$2,433$1,253$435
48 years$14,257$8,051$4,332$2,248$1,138$385
49 years$13,807$7,689$4,072$2,078$1,033$340
50 years$13,376$7,344$3,828$1,920$939$300

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $13,700,000, adding $4,112 every year, while hoping to spend $42,013 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: 47/44/9 Blend
69$13,700,000$13,700,000$13,700,000$13,700,000
70$15,101,642$14,375,542$14,163,192$15,774,001
71$16,597,307$15,035,242$14,592,957$16,896,681
72$18,244,123$15,725,859$15,035,711$18,109,679
73$20,057,462$16,448,864$15,491,846$19,425,122
74$22,054,263$17,205,798$15,961,762$20,852,534
75$24,253,192$17,998,276$16,445,876$22,402,365
76$26,674,817$18,827,992$16,944,613$24,086,091
77$29,341,805$19,696,720$17,458,413$25,916,311
78$32,279,129$20,606,319$17,987,730$27,906,861
79$35,514,310$21,558,739$18,533,029$30,072,937
80$39,077,676$22,556,023$19,094,791$32,431,237
81$43,002,643$23,600,312$19,673,511$35,000,101
82$47,326,037$24,693,852$20,269,698$37,799,687
83$52,088,436$25,838,994$20,883,877$40,852,147
84$57,334,557$27,038,205$21,516,587$44,181,831
85$63,113,675$28,294,071$22,168,386$47,815,505
86$69,480,090$29,609,300$22,839,846$51,782,596
87$76,493,636$30,986,733$23,531,559$56,115,462
88$84,220,252$32,429,347$24,244,130$60,849,686
89$92,732,596$33,940,264$24,978,188$66,024,400
90$102,110,739$35,522,755$25,734,375$71,682,645
91$112,442,914$37,180,250$26,513,356$77,871,766
92$123,826,353$38,916,344$27,315,815$84,643,847
93$136,368,202$40,734,805$28,142,456$92,056,187
94$150,186,533$42,639,585$28,994,003$100,171,832
95$165,411,461$44,634,826$29,871,203$109,060,156
96$182,186,367$46,724,870$30,774,826$118,797,497
97$200,669,256$48,914,268$31,705,662$129,467,867
98$221,034,246$51,207,793$32,664,528$141,163,727
99$243,473,212$53,610,448$33,652,262$153,986,844
100$268,197,597$56,127,477$34,669,730$168,049,235