Can I retire at age 70 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,400,485
2 years$739,941$726,160$712,805$699,855$687,295$644,494
3 years$488,394$474,554$461,232$448,404$436,048$394,622
4 years$362,645$348,847$335,659$323,050$310,993$271,260
5 years$287,216$273,501$260,485$248,133$236,412$198,479
6 years$236,946$223,334$210,510$198,434$187,065$150,967
7 years$201,052$187,555$174,935$163,144$152,134$117,869
8 years$174,145$160,770$148,359$136,857$126,210$93,758
9 years$153,228$139,979$127,782$116,572$106,287$75,615
10 years$136,504$123,384$111,403$100,486$90,562$61,626
11 years$122,830$109,842$98,077$87,453$77,886$50,638
12 years$111,443$98,588$87,041$76,708$67,494$41,878
13 years$101,815$89,095$77,765$67,722$58,856$34,814
14 years$93,570$80,985$69,873$60,116$51,593$29,064
15 years$86,431$73,981$63,086$53,613$45,427$24,347
16 years$80,190$67,876$57,196$48,004$40,148$20,453
17 years$74,689$62,512$52,046$43,132$35,598$17,222
18 years$69,805$57,763$47,512$38,870$31,652$14,530
19 years$65,440$53,535$43,495$35,123$28,212$12,278
20 years$61,516$49,747$39,917$31,810$25,200$10,390
21 years$57,971$46,337$36,716$28,870$22,551$8,802
22 years$54,752$43,254$33,840$26,249$20,214$7,464
23 years$51,818$40,455$31,245$23,906$18,145$6,334
24 years$49,132$37,903$28,896$21,803$16,309$5,379
25 years$46,665$35,571$26,764$19,912$14,676$4,571
26 years$44,391$33,431$24,822$18,207$13,219$3,886
27 years$42,289$31,462$23,049$16,665$11,918$3,305
28 years$40,341$29,647$21,427$15,269$10,754$2,812
29 years$38,530$27,968$19,940$14,002$9,711$2,393
30 years$36,844$26,413$18,573$12,850$8,774$2,037
31 years$35,269$24,969$17,315$11,802$7,933$1,735
32 years$33,796$23,626$16,156$10,846$7,176$1,477
33 years$32,414$22,374$15,085$9,974$6,494$1,258
34 years$31,117$21,205$14,094$9,177$5,880$1,072
35 years$29,897$20,113$13,177$8,448$5,325$913
36 years$28,747$19,090$12,327$7,780$4,825$778
37 years$27,662$18,131$11,538$7,168$4,373$663
38 years$26,636$17,231$10,805$6,607$3,965$565
39 years$25,665$16,385$10,123$6,092$3,595$481
40 years$24,746$15,589$9,488$5,619$3,261$410
41 years$23,873$14,839$8,897$5,184$2,959$350
42 years$23,044$14,133$8,345$4,785$2,685$298
43 years$22,256$13,465$7,831$4,417$2,436$254
44 years$21,505$12,835$7,351$4,078$2,212$217
45 years$20,790$12,240$6,902$3,766$2,008$185
46 years$20,109$11,676$6,483$3,479$1,823$157
47 years$19,458$11,143$6,090$3,214$1,655$134
48 years$18,836$10,637$5,723$2,970$1,503$114
49 years$18,241$10,158$5,379$2,745$1,365$97
50 years$17,672$9,703$5,058$2,537$1,240$83

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $18,100,000, adding $3,740 every year, while hoping to spend $38,469 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: 52/32/16 Blend
69$18,100,000$18,100,000$18,100,000$18,100,000
70$19,950,058$18,990,758$18,710,208$20,900,633
71$21,944,033$19,880,374$19,296,069$22,442,083
72$24,140,104$20,812,293$19,900,267$24,113,352
73$26,558,845$21,788,545$20,523,376$25,930,231
74$29,222,925$22,811,262$21,165,988$27,906,525
75$32,157,327$23,882,677$21,828,711$30,057,400
76$35,389,578$25,005,132$22,512,177$32,399,521
77$38,950,013$26,181,081$23,217,033$34,951,201
78$42,872,059$27,413,099$23,943,948$37,732,572
79$47,192,552$28,703,884$24,693,614$40,765,762
80$51,952,083$30,056,265$25,466,740$44,075,097
81$57,195,382$31,473,208$26,264,062$47,687,328
82$62,971,739$32,957,823$27,086,336$51,631,869
83$69,335,471$34,513,371$27,934,343$55,941,069
84$76,346,432$36,143,270$28,808,888$60,650,508
85$84,070,583$37,851,105$29,710,800$65,799,324
86$92,580,606$39,640,633$30,640,935$71,430,572
87$101,956,599$41,515,795$31,600,178$77,591,617
88$112,286,825$43,480,722$32,589,437$84,334,578
89$123,668,550$45,539,746$33,609,652$91,716,799
90$136,208,958$47,697,409$34,661,791$99,801,387
91$150,026,163$49,958,473$35,746,852$108,657,791
92$165,250,326$52,327,933$36,865,865$118,362,442
93$182,024,880$54,811,022$38,019,893$128,999,470
94$200,507,888$57,413,232$39,210,029$140,661,472
95$220,873,531$60,140,320$40,437,404$153,450,383
96$243,313,757$62,998,320$41,703,182$167,478,413
97$268,040,085$65,993,563$43,008,564$182,869,097
98$295,285,611$69,132,686$44,354,789$199,758,440
99$325,307,203$72,422,646$45,743,133$218,296,183
100$358,387,923$75,870,742$47,174,914$238,647,204