Can I retire at age 70 with 685,000?

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 $685,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$56,567$56,063$55,571$55,091$54,623$53,873
2 years$28,003$27,482$26,976$26,486$26,011$25,257
3 years$18,483$17,960$17,455$16,970$16,502$15,768
4 years$13,724$13,202$12,703$12,226$11,770$11,060
5 years$10,870$10,351$9,858$9,391$8,947$8,264
6 years$8,967$8,452$7,967$7,510$7,080$6,424
7 years$7,609$7,098$6,620$6,174$5,758$5,130
8 years$6,591$6,084$5,615$5,179$4,776$4,177
9 years$5,799$5,298$4,836$4,412$4,022$3,450
10 years$5,166$4,670$4,216$3,803$3,427$2,882
11 years$4,649$4,157$3,712$3,310$2,948$2,429
12 years$4,218$3,731$3,294$2,903$2,554$2,062
13 years$3,853$3,372$2,943$2,563$2,227$1,761
14 years$3,541$3,065$2,644$2,275$1,953$1,510
15 years$3,271$2,800$2,387$2,029$1,719$1,301
16 years$3,035$2,569$2,165$1,817$1,519$1,124
17 years$2,827$2,366$1,970$1,632$1,347$974
18 years$2,642$2,186$1,798$1,471$1,198$846
19 years$2,477$2,026$1,646$1,329$1,068$737
20 years$2,328$1,883$1,511$1,204$954$643
21 years$2,194$1,754$1,390$1,093$853$561
22 years$2,072$1,637$1,281$993$765$491
23 years$1,961$1,531$1,182$905$687$430
24 years$1,859$1,434$1,094$825$617$377
25 years$1,766$1,346$1,013$754$555$330
26 years$1,680$1,265$939$689$500$290
27 years$1,600$1,191$872$631$451$255
28 years$1,527$1,122$811$578$407$224
29 years$1,458$1,058$755$530$368$197
30 years$1,394$1,000$703$486$332$173
31 years$1,335$945$655$447$300$152
32 years$1,279$894$611$410$272$134
33 years$1,227$847$571$377$246$118
34 years$1,178$803$533$347$223$104
35 years$1,131$761$499$320$202$92
36 years$1,088$722$467$294$183$81
37 years$1,047$686$437$271$166$71
38 years$1,008$652$409$250$150$63
39 years$971$620$383$231$136$55
40 years$937$590$359$213$123$49
41 years$903$562$337$196$112$43
42 years$872$535$316$181$102$38
43 years$842$510$296$167$92$34
44 years$814$486$278$154$84$30
45 years$787$463$261$143$76$26
46 years$761$442$245$132$69$23
47 years$736$422$230$122$63$20
48 years$713$403$217$112$57$18
49 years$690$384$204$104$52$16
50 years$669$367$191$96$47$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 70 starting with $685,000, adding $3,478 every year, while hoping to spend $41,273 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: 83/5/12 Blend
69$685,000$685,000$685,000$685,000
70$758,458$722,153$711,535$819,525
71$791,906$713,624$691,457$851,511
72$827,383$703,294$669,324$880,799
73$865,052$691,031$645,022$911,726
74$905,091$676,695$618,434$944,433
75$947,696$660,139$589,437$979,076
76$993,081$641,206$557,903$1,015,827
77$1,041,479$619,729$523,697$1,054,873
78$1,093,148$595,534$486,679$1,096,425
79$1,148,369$568,435$446,702$1,140,710
80$1,207,449$538,235$403,613$1,187,982
81$1,270,727$504,726$357,252$1,238,519
82$1,338,572$467,689$307,452$1,292,628
83$1,411,393$426,892$254,037$1,350,647
84$1,489,634$382,089$196,827$1,412,949
85$1,573,785$333,020$135,629$1,479,944
86$1,664,385$279,411$70,246$1,552,085
87$1,762,022$220,973$470$1,629,873
88$1,867,347$157,399$0$1,713,857
89$1,981,072$88,366$0$1,814,118
90$2,103,978$13,534$0$1,922,531
91$2,236,928$0$0$2,039,805
92$2,380,866$0$0$2,170,495
93$2,536,833$0$0$2,312,925
94$2,705,972$0$0$2,467,396
95$2,889,539$0$0$2,635,057
96$3,088,919$0$0$2,817,173
97$3,305,632$0$0$3,015,136
98$3,541,351$0$0$3,230,474
99$3,797,918$0$0$3,464,873
100$4,077,359$0$0$3,720,185