Can I retire at age 72 with 10,600,000?

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 $10,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$875,338$867,541$859,934$852,509$845,259$827,516
2 years$433,336$425,265$417,444$409,860$402,504$384,712
3 years$286,021$277,916$270,114$262,601$255,365$238,079
4 years$212,378$204,297$196,574$189,189$182,129$165,482
5 years$168,204$160,172$152,549$145,316$138,451$122,491
6 years$138,764$130,792$123,282$116,210$109,552$94,295
7 years$117,743$109,839$102,448$95,543$89,095$74,544
8 years$101,985$94,152$86,884$80,148$73,913$60,064
9 years$89,736$81,977$74,833$68,269$62,245$49,088
10 years$79,942$72,258$65,241$58,848$53,036$40,558
11 years$71,933$64,327$57,438$51,216$45,613$33,798
12 years$65,265$57,737$50,974$44,923$39,527$28,358
13 years$59,627$52,177$45,542$39,660$34,468$23,925
14 years$54,798$47,428$40,920$35,206$30,215$20,277
15 years$50,617$43,326$36,945$31,398$26,603$17,250
16 years$46,962$39,751$33,496$28,113$23,512$14,720
17 years$43,741$36,609$30,480$25,259$20,848$12,594
18 years$40,880$33,828$27,824$22,764$18,537$10,799
19 years$38,324$31,352$25,472$20,569$16,522$9,277
20 years$36,026$29,134$23,377$18,629$14,758$7,983
21 years$33,950$27,137$21,502$16,907$13,207$6,878
22 years$32,065$25,331$19,818$15,373$11,838$5,933
23 years$30,346$23,692$18,298$14,000$10,626$5,122
24 years$28,773$22,198$16,923$12,769$9,551$4,427
25 years$27,328$20,831$15,674$11,661$8,595$3,828
26 years$25,997$19,578$14,537$10,662$7,742$3,313
27 years$24,766$18,425$13,499$9,760$6,980$2,868
28 years$23,625$17,362$12,549$8,942$6,298$2,484
29 years$22,565$16,379$11,678$8,200$5,687$2,153
30 years$21,577$15,468$10,877$7,525$5,139$1,866
31 years$20,655$14,623$10,141$6,912$4,646$1,618
32 years$19,792$13,836$9,461$6,352$4,202$1,403
33 years$18,983$13,103$8,834$5,841$3,803$1,218
34 years$18,223$12,419$8,254$5,374$3,443$1,056
35 years$17,509$11,779$7,717$4,947$3,119$917
36 years$16,835$11,180$7,219$4,556$2,826$796
37 years$16,200$10,618$6,757$4,198$2,561$691
38 years$15,599$10,091$6,328$3,869$2,322$600
39 years$15,031$9,596$5,928$3,568$2,106$521
40 years$14,492$9,130$5,556$3,291$1,910$452
41 years$13,981$8,690$5,210$3,036$1,733$393
42 years$13,495$8,277$4,887$2,802$1,572$341
43 years$13,034$7,886$4,586$2,587$1,427$296
44 years$12,594$7,517$4,305$2,388$1,295$257
45 years$12,176$7,168$4,042$2,206$1,176$223
46 years$11,776$6,838$3,796$2,037$1,068$194
47 years$11,395$6,526$3,567$1,882$969$169
48 years$11,031$6,230$3,352$1,739$880$146
49 years$10,683$5,949$3,150$1,607$800$127
50 years$10,349$5,683$2,962$1,486$726$111

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $10,600,000, adding $4,988 every year, while hoping to spend $22,692 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: 51/36/13 Blend
71$10,600,000$10,600,000$10,600,000$10,600,000
72$11,686,345$11,124,545$10,960,245$12,241,216
73$12,854,208$11,645,504$11,303,269$13,142,568
74$14,140,433$12,191,229$11,657,024$14,119,124
75$15,557,068$12,762,910$12,021,845$15,180,265
76$17,117,390$13,361,794$12,398,079$16,333,969
77$18,836,031$13,989,189$12,786,081$17,589,001
78$20,729,112$14,646,465$13,186,221$18,954,988
79$22,814,400$15,335,060$13,598,877$20,442,510
80$25,111,470$16,056,479$14,024,441$22,063,191
81$27,641,897$16,812,304$14,463,317$23,829,806
82$30,429,452$17,604,189$14,915,920$25,756,397
83$33,500,333$18,433,871$15,382,680$27,858,401
84$36,883,407$19,303,170$15,864,040$30,152,788
85$40,610,484$20,213,995$16,360,455$32,658,219
86$44,716,620$21,168,347$16,872,396$35,395,215
87$49,240,443$22,168,324$17,400,350$38,386,343
88$54,224,523$23,216,126$17,944,816$41,656,425
89$59,715,767$24,314,060$18,506,310$45,232,767
90$65,765,869$25,464,543$19,085,365$49,145,406
91$72,431,793$26,670,110$19,682,530$53,427,386
92$79,776,312$27,933,422$20,298,371$58,115,070
93$87,868,601$29,257,265$20,933,472$63,248,464
94$96,784,890$30,644,562$21,588,434$68,871,598
95$106,609,181$32,098,378$22,263,879$75,032,922
96$117,434,045$33,621,926$22,960,447$81,785,764
97$129,361,493$35,218,576$23,678,797$89,188,816
98$142,503,940$36,891,861$24,419,612$97,306,684
99$156,985,265$38,645,485$25,183,592$106,210,483
100$172,941,982$40,483,333$25,971,462$115,978,503