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%13.6%
1 years$751,469$744,776$738,245$731,871$725,647$714,803
2 years$372,015$365,086$358,371$351,861$345,546$334,646
3 years$245,546$238,588$231,890$225,441$219,229$208,610
4 years$182,324$175,387$168,757$162,417$156,356$146,102
5 years$144,401$137,506$130,962$124,752$118,859$108,999
6 years$119,127$112,284$105,837$99,765$94,049$84,595
7 years$101,082$94,296$87,951$82,023$76,487$67,441
8 years$87,554$80,829$74,589$68,807$63,453$54,815
9 years$77,037$70,376$64,244$58,608$53,437$45,201
10 years$68,629$62,033$56,009$50,521$45,531$37,692
11 years$61,754$55,224$49,310$43,968$39,158$31,707
12 years$56,029$49,566$43,761$38,566$33,934$26,863
13 years$51,189$44,794$39,098$34,048$29,591$22,889
14 years$47,043$40,716$35,129$30,224$25,939$19,597
15 years$43,454$37,195$31,717$26,954$22,839$16,844
16 years$40,316$34,126$28,756$24,135$20,185$14,526
17 years$37,551$31,428$26,167$21,685$17,897$12,562
18 years$35,095$29,041$23,887$19,542$15,914$10,890
19 years$32,901$26,915$21,867$17,658$14,184$9,459
20 years$30,928$25,011$20,069$15,993$12,670$8,231
21 years$29,146$23,297$18,459$14,515$11,338$7,173
22 years$27,527$21,747$17,013$13,197$10,163$6,259
23 years$26,052$20,339$15,709$12,019$9,123$5,467
24 years$24,702$19,056$14,528$10,962$8,200$4,781
25 years$23,461$17,884$13,456$10,011$7,378$4,184
26 years$22,318$16,808$12,480$9,154$6,646$3,664
27 years$21,261$15,818$11,588$8,379$5,992$3,211
28 years$20,282$14,905$10,773$7,677$5,407$2,815
29 years$19,372$14,061$10,025$7,040$4,882$2,470
30 years$18,524$13,279$9,338$6,461$4,411$2,167
31 years$17,732$12,553$8,706$5,933$3,988$1,903
32 years$16,991$11,878$8,122$5,453$3,608$1,671
33 years$16,297$11,249$7,584$5,015$3,265$1,468
34 years$15,645$10,661$7,086$4,614$2,956$1,290
35 years$15,031$10,112$6,625$4,247$2,677$1,134
36 years$14,453$9,598$6,197$3,912$2,426$997
37 years$13,907$9,116$5,801$3,604$2,199$876
38 years$13,392$8,663$5,432$3,322$1,993$771
39 years$12,904$8,238$5,089$3,063$1,808$678
40 years$12,441$7,838$4,770$2,825$1,640$596
41 years$12,002$7,461$4,473$2,607$1,487$524
42 years$11,586$7,105$4,196$2,406$1,350$461
43 years$11,189$6,770$3,937$2,221$1,225$406
44 years$10,812$6,453$3,696$2,050$1,112$357
45 years$10,453$6,154$3,470$1,894$1,009$314
46 years$10,110$5,870$3,259$1,749$916$276
47 years$9,783$5,602$3,062$1,616$832$243
48 years$9,470$5,348$2,877$1,493$756$214
49 years$9,171$5,107$2,705$1,380$686$188
50 years$8,885$4,878$2,543$1,276$623$166

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 $2,130 every year, while hoping to spend $23,965 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: 78/13/9 Blend
69$9,100,000$9,100,000$9,100,000$9,100,000
70$10,030,397$9,548,097$9,407,047$10,798,603
71$11,027,999$9,990,455$9,696,685$11,745,830
72$12,126,553$10,453,686$9,995,222$12,781,114
73$13,336,331$10,938,786$10,302,931$13,915,839
74$14,668,652$11,446,802$10,620,095$15,159,904
75$16,135,988$11,978,829$10,947,001$16,524,206
76$17,752,083$12,536,016$11,283,950$18,020,742
77$19,532,082$13,119,567$11,631,249$19,662,724
78$21,492,674$13,730,744$11,989,215$21,464,699
79$23,652,247$14,370,872$12,358,174$23,442,684
80$26,031,068$15,041,336$12,738,465$25,614,318
81$28,651,467$15,743,591$13,130,433$27,999,028
82$31,538,051$16,479,162$13,534,437$30,618,206
83$34,717,936$17,249,645$13,950,845$33,495,412
84$38,221,005$18,056,717$14,380,038$36,656,595
85$42,080,185$18,902,133$14,822,406$40,130,335
86$46,331,761$19,787,735$15,278,354$43,948,110
87$51,015,719$20,715,453$15,748,298$48,144,591
88$56,176,122$21,687,309$16,232,665$52,757,969
89$61,861,525$22,705,425$16,731,897$57,830,312
90$68,125,435$23,772,026$17,246,450$63,407,957
91$75,026,816$24,889,442$17,776,793$69,541,948
92$82,630,644$26,060,118$18,323,409$76,288,516
93$91,008,522$27,286,616$18,886,796$83,709,603
94$100,239,355$28,571,624$19,467,467$91,873,447
95$110,410,093$29,917,958$20,065,951$100,855,220
96$121,616,556$31,328,571$20,682,794$110,737,739
97$133,964,335$32,806,560$21,318,557$121,612,240
98$147,569,787$34,355,172$21,973,819$133,579,236
99$162,561,141$35,977,811$22,649,177$146,749,466
100$179,079,698$37,678,044$23,345,246$161,244,933