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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.9%
1 years$834,049$826,619$819,371$812,296$805,388$776,503
2 years$412,895$405,206$397,753$390,527$383,518$354,730
3 years$272,529$264,806$257,372$250,214$243,320$215,532
4 years$202,360$194,661$187,301$180,265$173,538$146,964
5 years$160,269$152,616$145,353$138,461$131,921$106,630
6 years$132,218$124,623$117,467$110,728$104,384$80,395
7 years$112,190$104,658$97,616$91,036$84,892$62,200
8 years$97,175$89,711$82,786$76,368$70,426$49,011
9 years$85,503$78,110$71,303$65,048$59,309$39,142
10 years$76,171$68,850$62,164$56,072$50,534$31,581
11 years$68,540$61,293$54,728$48,800$43,461$25,683
12 years$62,186$55,013$48,570$42,804$37,663$21,016
13 years$56,814$49,716$43,394$37,789$32,843$17,282
14 years$52,213$45,190$38,990$33,545$28,790$14,268
15 years$48,229$41,282$35,202$29,917$25,349$11,817
16 years$44,747$37,876$31,916$26,787$22,403$9,813
17 years$41,677$34,882$29,042$24,068$19,864$8,166
18 years$38,952$32,233$26,512$21,690$17,662$6,808
19 years$36,516$29,873$24,270$19,599$15,743$5,684
20 years$34,327$27,759$22,274$17,750$14,062$4,751
21 years$32,348$25,857$20,488$16,110$12,584$3,976
22 years$30,552$24,136$18,883$14,647$11,280$3,329
23 years$28,915$22,574$17,435$13,340$10,125$2,790
24 years$27,416$21,151$16,124$12,167$9,101$2,339
25 years$26,039$19,849$14,934$11,111$8,189$1,963
26 years$24,771$18,655$13,851$10,159$7,377$1,647
27 years$23,598$17,556$12,862$9,299$6,651$1,383
28 years$22,511$16,543$11,957$8,520$6,001$1,161
29 years$21,500$15,607$11,127$7,813$5,419$975
30 years$20,559$14,739$10,364$7,170$4,896$820
31 years$19,680$13,933$9,662$6,586$4,427$689
32 years$18,858$13,183$9,015$6,052$4,004$579
33 years$18,088$12,485$8,417$5,566$3,624$486
34 years$17,364$11,833$7,865$5,121$3,281$409
35 years$16,683$11,223$7,353$4,714$2,972$344
36 years$16,041$10,653$6,878$4,341$2,692$289
37 years$15,436$10,117$6,438$4,000$2,440$243
38 years$14,863$9,615$6,029$3,687$2,212$204
39 years$14,322$9,143$5,649$3,400$2,006$172
40 years$13,808$8,699$5,294$3,136$1,820$144
41 years$13,321$8,281$4,964$2,893$1,651$121
42 years$12,859$7,886$4,657$2,670$1,498$102
43 years$12,419$7,514$4,370$2,465$1,360$86
44 years$12,000$7,162$4,102$2,276$1,234$72
45 years$11,601$6,830$3,851$2,102$1,120$61
46 years$11,221$6,515$3,617$1,941$1,017$51
47 years$10,858$6,218$3,398$1,794$924$43
48 years$10,511$5,936$3,194$1,657$839$36
49 years$10,179$5,668$3,002$1,532$762$30
50 years$9,861$5,415$2,822$1,416$692$26

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 $3,212 every year, while hoping to spend $24,646 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: 57/21/22 Blend
71$10,100,000$10,100,000$10,100,000$10,100,000
72$11,133,513$10,598,213$10,441,663$11,701,955
73$12,242,908$11,091,302$10,765,236$12,583,243
74$13,464,636$11,607,727$11,098,822$13,540,332
75$14,810,127$12,148,605$11,442,731$14,582,898
76$16,291,980$12,715,106$11,797,283$15,719,185
77$17,924,076$13,308,460$12,162,805$16,958,257
78$19,721,710$13,929,952$12,539,637$18,310,082
79$21,701,737$14,580,933$12,928,128$19,785,626
80$23,882,733$15,262,818$13,328,639$21,396,949
81$26,285,164$15,977,088$13,741,541$23,157,318
82$28,931,585$16,725,299$14,167,216$25,081,330
83$31,846,848$17,509,080$14,606,060$27,185,045
84$35,058,342$18,330,141$15,058,478$29,486,136
85$38,596,246$19,190,271$15,524,891$32,004,049
86$42,493,818$20,091,349$16,005,729$34,760,188
87$46,787,707$21,035,344$16,501,440$37,778,107
88$51,518,296$22,024,320$17,012,482$41,083,733
89$56,730,091$23,060,439$17,539,328$44,705,605
90$62,472,131$24,145,972$18,082,467$48,675,139
91$68,798,461$25,283,297$18,642,402$53,026,919
92$75,768,632$26,474,907$19,219,651$57,799,021
93$83,448,272$27,723,417$19,814,748$63,033,364
94$91,909,699$29,031,568$20,428,246$68,776,105
95$101,232,607$30,402,233$21,060,711$75,078,064
96$111,504,818$31,838,428$21,712,730$81,995,204
97$122,823,109$33,343,310$22,384,905$89,589,145
98$135,294,126$34,920,192$23,077,860$97,927,750
99$149,035,394$36,572,548$23,792,235$107,085,751
100$164,176,420$38,304,019$24,528,691$117,145,450