Can I retire at age 72 with 10,200,000?

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 $10,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$842,306$834,804$827,484$820,339$813,362$784,816
2 years$416,983$409,217$401,691$394,394$387,315$358,855
3 years$275,228$267,428$259,921$252,692$245,729$218,249
4 years$204,364$196,588$189,156$182,050$175,256$148,966
5 years$161,856$154,127$146,793$139,832$133,227$108,197
6 years$133,527$125,857$118,630$111,825$105,418$81,666
7 years$113,300$105,694$98,582$91,937$85,733$63,255
8 years$98,137$90,599$83,606$77,124$71,124$49,902
9 years$86,349$78,883$72,009$65,692$59,896$39,903
10 years$76,925$69,532$62,779$56,628$51,035$32,236
11 years$69,219$61,900$55,270$49,283$43,892$26,249
12 years$62,802$55,558$49,051$43,228$38,036$21,508
13 years$57,377$50,208$43,824$38,164$33,168$17,710
14 years$52,730$45,638$39,376$33,877$29,075$14,642
15 years$48,707$41,691$35,551$30,213$25,600$12,144
16 years$45,190$38,251$32,232$27,052$22,625$10,100
17 years$42,090$35,227$29,330$24,306$20,061$8,417
18 years$39,337$32,552$26,775$21,905$17,837$7,028
19 years$36,878$30,169$24,511$19,793$15,899$5,876
20 years$34,667$28,034$22,495$17,926$14,201$4,919
21 years$32,669$26,113$20,691$16,269$12,708$4,123
22 years$30,855$24,375$19,070$14,792$11,391$3,458
23 years$29,201$22,798$17,608$13,472$10,225$2,902
24 years$27,688$21,360$16,284$12,287$9,191$2,438
25 years$26,297$20,045$15,082$11,221$8,270$2,048
26 years$25,016$18,839$13,988$10,260$7,450$1,722
27 years$23,831$17,730$12,989$9,391$6,716$1,448
28 years$22,734$16,707$12,075$8,604$6,060$1,218
29 years$21,713$15,761$11,237$7,890$5,472$1,025
30 years$20,763$14,885$10,467$7,241$4,945$862
31 years$19,875$14,071$9,758$6,651$4,470$726
32 years$19,045$13,314$9,104$6,112$4,044$611
33 years$18,267$12,609$8,501$5,621$3,660$514
34 years$17,536$11,950$7,943$5,172$3,313$433
35 years$16,848$11,334$7,426$4,761$3,001$365
36 years$16,200$10,758$6,947$4,384$2,719$307
37 years$15,588$10,218$6,502$4,040$2,464$259
38 years$15,010$9,710$6,089$3,723$2,234$218
39 years$14,463$9,234$5,704$3,433$2,026$183
40 years$13,945$8,785$5,347$3,167$1,838$155
41 years$13,453$8,363$5,014$2,922$1,667$130
42 years$12,986$7,964$4,703$2,696$1,513$110
43 years$12,542$7,588$4,413$2,489$1,373$92
44 years$12,119$7,233$4,142$2,298$1,246$78
45 years$11,716$6,898$3,890$2,122$1,131$66
46 years$11,332$6,580$3,653$1,961$1,027$55
47 years$10,965$6,279$3,432$1,811$933$47
48 years$10,615$5,994$3,225$1,674$847$39
49 years$10,279$5,724$3,032$1,547$769$33
50 years$9,959$5,468$2,850$1,430$699$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $10,200,000, adding $4,128 every year, while hoping to spend $30,357 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: 30/43/27 Blend
71$10,200,000$10,200,000$10,200,000$10,200,000
72$11,244,658$10,704,058$10,545,958$11,488,302
73$12,359,314$11,196,257$10,866,948$12,170,613
74$13,586,646$11,711,557$11,197,674$12,901,155
75$14,938,118$12,251,057$11,538,429$13,686,453
76$16,426,357$12,815,909$11,889,518$14,531,288
77$18,065,279$13,407,323$12,251,251$15,440,893
78$19,870,220$14,026,564$12,623,950$16,420,997
79$21,858,077$14,674,960$13,007,947$17,477,879
80$24,047,470$15,353,902$13,403,582$18,618,417
81$26,458,917$16,064,848$13,811,206$19,850,150
82$29,115,027$16,809,326$14,231,183$21,181,344
83$32,040,715$17,588,939$14,663,883$22,621,061
84$35,263,437$18,405,365$15,109,691$24,179,242
85$38,813,444$19,260,366$15,569,003$25,866,796
86$42,724,077$20,155,785$16,042,226$27,695,687
87$47,032,071$21,093,556$16,529,779$29,679,052
88$51,777,910$22,075,708$17,032,094$31,831,310
89$57,006,204$23,104,366$17,549,617$34,168,291
90$62,766,113$24,181,756$18,082,805$36,707,381
91$69,111,810$25,310,215$18,632,132$39,467,673
92$76,102,989$26,492,190$19,198,083$42,470,144
93$83,805,434$27,730,248$19,781,159$45,737,839
94$92,291,637$29,027,078$20,381,877$49,296,081
95$101,641,481$30,385,502$21,000,767$53,172,701
96$111,942,996$31,808,476$21,638,376$57,398,287
97$123,293,190$33,299,099$22,295,270$62,006,465
98$135,798,961$34,860,621$22,972,028$67,034,205
99$149,578,112$36,496,448$23,669,247$72,522,154
100$164,760,458$38,210,152$24,387,545$78,515,014