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%17.1%
1 years$842,306$834,804$827,484$820,339$813,362$789,859
2 years$416,983$409,217$401,691$394,394$387,315$363,822
3 years$275,228$267,428$259,921$252,692$245,729$222,983
4 years$204,364$196,588$189,156$182,050$175,256$153,431
5 years$161,856$154,127$146,793$139,832$133,227$112,383
6 years$133,527$125,857$118,630$111,825$105,418$85,574
7 years$113,300$105,694$98,582$91,937$85,733$66,889
8 years$98,137$90,599$83,606$77,124$71,124$53,269
9 years$86,349$78,883$72,009$65,692$59,896$43,013
10 years$76,925$69,532$62,779$56,628$51,035$35,100
11 years$69,219$61,900$55,270$49,283$43,892$28,878
12 years$62,802$55,558$49,051$43,228$38,036$23,914
13 years$57,377$50,208$43,824$38,164$33,168$19,908
14 years$52,730$45,638$39,376$33,877$29,075$16,642
15 years$48,707$41,691$35,551$30,213$25,600$13,961
16 years$45,190$38,251$32,232$27,052$22,625$11,745
17 years$42,090$35,227$29,330$24,306$20,061$9,904
18 years$39,337$32,552$26,775$21,905$17,837$8,368
19 years$36,878$30,169$24,511$19,793$15,899$7,082
20 years$34,667$28,034$22,495$17,926$14,201$6,002
21 years$32,669$26,113$20,691$16,269$12,708$5,092
22 years$30,855$24,375$19,070$14,792$11,391$4,325
23 years$29,201$22,798$17,608$13,472$10,225$3,676
24 years$27,688$21,360$16,284$12,287$9,191$3,127
25 years$26,297$20,045$15,082$11,221$8,270$2,661
26 years$25,016$18,839$13,988$10,260$7,450$2,266
27 years$23,831$17,730$12,989$9,391$6,716$1,931
28 years$22,734$16,707$12,075$8,604$6,060$1,645
29 years$21,713$15,761$11,237$7,890$5,472$1,402
30 years$20,763$14,885$10,467$7,241$4,945$1,196
31 years$19,875$14,071$9,758$6,651$4,470$1,020
32 years$19,045$13,314$9,104$6,112$4,044$870
33 years$18,267$12,609$8,501$5,621$3,660$742
34 years$17,536$11,950$7,943$5,172$3,313$633
35 years$16,848$11,334$7,426$4,761$3,001$540
36 years$16,200$10,758$6,947$4,384$2,719$461
37 years$15,588$10,218$6,502$4,040$2,464$394
38 years$15,010$9,710$6,089$3,723$2,234$336
39 years$14,463$9,234$5,704$3,433$2,026$287
40 years$13,945$8,785$5,347$3,167$1,838$245
41 years$13,453$8,363$5,014$2,922$1,667$209
42 years$12,986$7,964$4,703$2,696$1,513$179
43 years$12,542$7,588$4,413$2,489$1,373$152
44 years$12,119$7,233$4,142$2,298$1,246$130
45 years$11,716$6,898$3,890$2,122$1,131$111
46 years$11,332$6,580$3,653$1,961$1,027$95
47 years$10,965$6,279$3,432$1,811$933$81
48 years$10,615$5,994$3,225$1,674$847$69
49 years$10,279$5,724$3,032$1,547$769$59
50 years$9,959$5,468$2,850$1,430$699$50

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 $5,371 every year, while hoping to spend $22,211 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: 66/26/8 Blend
71$10,200,000$10,200,000$10,200,000$10,200,000
72$11,245,940$10,705,340$10,547,240$11,970,759
73$12,369,394$11,206,270$10,876,940$12,954,166
74$13,606,695$11,731,000$11,216,941$14,025,368
75$14,969,433$12,280,674$11,567,564$15,195,486
76$16,470,379$12,856,491$11,929,141$16,474,163
77$18,123,604$13,459,705$12,302,013$17,872,004
78$19,944,615$14,091,634$12,686,534$19,400,676
79$21,950,500$14,753,659$13,083,068$21,073,014
80$24,160,089$15,447,225$13,491,988$22,903,139
81$26,594,131$16,173,852$13,913,682$24,906,589
82$29,275,491$16,935,130$14,348,549$27,100,460
83$32,229,365$17,732,726$14,797,000$29,503,568
84$35,483,520$18,568,389$15,259,459$32,136,618
85$39,068,551$19,443,952$15,736,363$35,022,402
86$43,018,176$20,361,338$16,228,164$38,186,002
87$47,369,548$21,322,562$16,735,326$41,655,030
88$52,163,611$22,329,736$17,258,328$45,459,882
89$57,445,483$23,385,077$17,797,666$49,634,017
90$63,264,883$24,490,907$18,353,849$54,214,274
91$69,676,601$25,649,661$18,927,402$59,241,209
92$76,741,013$26,863,893$19,518,869$64,759,477
93$84,524,653$28,136,281$20,128,808$70,818,246
94$93,100,841$29,469,631$20,757,796$77,471,656
95$102,550,371$30,866,888$21,406,427$84,779,323
96$112,962,281$32,331,138$22,075,314$92,806,898
97$124,434,687$33,865,616$22,765,090$101,626,678
98$137,075,710$35,473,717$23,476,406$111,318,282
99$151,004,502$37,158,999$24,209,935$121,969,397
100$166,352,364$38,925,192$24,966,370$133,676,595