Can I retire at age 72 with 10,100,000?

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 $10,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$834,049$826,619$819,371$812,296$805,388$789,127
2 years$412,895$405,206$397,753$390,527$383,518$367,207
3 years$272,529$264,806$257,372$250,214$243,320$227,466
4 years$202,360$194,661$187,301$180,265$173,538$158,265
5 years$160,269$152,616$145,353$138,461$131,921$117,272
6 years$132,218$124,623$117,467$110,728$104,384$90,375
7 years$112,190$104,658$97,616$91,036$84,892$71,526
8 years$97,175$89,711$82,786$76,368$70,426$57,699
9 years$85,503$78,110$71,303$65,048$59,309$47,212
10 years$76,171$68,850$62,164$56,072$50,534$39,056
11 years$68,540$61,293$54,728$48,800$43,461$32,588
12 years$62,186$55,013$48,570$42,804$37,663$27,378
13 years$56,814$49,716$43,394$37,789$32,843$23,129
14 years$52,213$45,190$38,990$33,545$28,790$19,629
15 years$48,229$41,282$35,202$29,917$25,349$16,722
16 years$44,747$37,876$31,916$26,787$22,403$14,290
17 years$41,677$34,882$29,042$24,068$19,864$12,244
18 years$38,952$32,233$26,512$21,690$17,662$10,514
19 years$36,516$29,873$24,270$19,599$15,743$9,046
20 years$34,327$27,759$22,274$17,750$14,062$7,795
21 years$32,348$25,857$20,488$16,110$12,584$6,726
22 years$30,552$24,136$18,883$14,647$11,280$5,811
23 years$28,915$22,574$17,435$13,340$10,125$5,025
24 years$27,416$21,151$16,124$12,167$9,101$4,349
25 years$26,039$19,849$14,934$11,111$8,189$3,767
26 years$24,771$18,655$13,851$10,159$7,377$3,265
27 years$23,598$17,556$12,862$9,299$6,651$2,832
28 years$22,511$16,543$11,957$8,520$6,001$2,457
29 years$21,500$15,607$11,127$7,813$5,419$2,132
30 years$20,559$14,739$10,364$7,170$4,896$1,851
31 years$19,680$13,933$9,662$6,586$4,427$1,608
32 years$18,858$13,183$9,015$6,052$4,004$1,397
33 years$18,088$12,485$8,417$5,566$3,624$1,214
34 years$17,364$11,833$7,865$5,121$3,281$1,055
35 years$16,683$11,223$7,353$4,714$2,972$917
36 years$16,041$10,653$6,878$4,341$2,692$798
37 years$15,436$10,117$6,438$4,000$2,440$693
38 years$14,863$9,615$6,029$3,687$2,212$603
39 years$14,322$9,143$5,649$3,400$2,006$525
40 years$13,808$8,699$5,294$3,136$1,820$456
41 years$13,321$8,281$4,964$2,893$1,651$397
42 years$12,859$7,886$4,657$2,670$1,498$345
43 years$12,419$7,514$4,370$2,465$1,360$300
44 years$12,000$7,162$4,102$2,276$1,234$261
45 years$11,601$6,830$3,851$2,102$1,120$227
46 years$11,221$6,515$3,617$1,941$1,017$198
47 years$10,858$6,218$3,398$1,794$924$172
48 years$10,511$5,936$3,194$1,657$839$150
49 years$10,179$5,668$3,002$1,532$762$130
50 years$9,861$5,415$2,822$1,416$692$113

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $10,100,000, adding $2,355 every year, while hoping to spend $27,147 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: 55/22/23 Blend
71$10,100,000$10,100,000$10,100,000$10,100,000
72$11,132,629$10,597,329$10,440,779$11,674,782
73$12,239,273$11,087,714$10,761,661$12,537,301
74$13,457,885$11,601,218$11,092,383$13,473,090
75$14,799,857$12,138,945$11,433,245$14,491,651
76$16,277,741$12,702,053$11,784,558$15,600,932
77$17,905,372$13,291,754$12,146,641$16,809,673
78$19,697,991$13,909,321$12,519,825$18,127,486
79$21,672,394$14,556,086$12,904,447$19,564,938
80$23,847,090$15,233,447$13,300,859$21,133,654
81$26,242,476$15,942,867$13,709,419$22,846,418
82$28,881,024$16,685,884$14,130,501$24,717,295
83$31,787,501$17,464,105$14,564,485$26,761,759
84$34,989,199$18,279,218$15,011,768$28,996,834
85$38,516,190$19,132,993$15,472,755$31,441,251
86$42,401,613$20,027,282$15,947,864$34,115,625
87$46,681,989$20,964,029$16,437,529$37,042,641
88$51,397,558$21,945,273$16,942,192$40,247,264
89$56,592,666$22,973,149$17,462,313$43,756,976
90$62,316,181$24,049,896$17,998,364$47,602,024
91$68,621,953$25,177,863$18,550,830$51,815,703
92$75,569,324$26,359,509$19,120,215$56,434,669
93$83,223,686$27,597,417$19,707,033$61,499,274
94$91,657,102$28,894,290$20,311,818$67,053,946
95$100,948,980$30,252,964$20,935,118$73,147,600
96$111,186,830$31,676,413$21,577,499$79,834,097
97$122,467,085$33,167,755$22,239,543$87,172,740
98$134,896,009$34,730,257$22,921,849$95,228,836
99$148,590,709$36,367,346$23,625,038$104,074,300
100$163,680,230$38,082,615$24,349,745$113,788,327