Can I retire at age 72 with 11,000,000?

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 $11,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$908,370$900,278$892,384$884,679$877,155$858,393
2 years$449,688$441,313$433,196$425,327$417,693$398,881
3 years$296,814$288,403$280,307$272,511$265,002$246,728
4 years$220,392$212,007$203,991$196,329$189,001$171,407
5 years$174,551$166,216$158,306$150,799$143,676$126,810
6 years$144,000$135,728$127,935$120,595$113,686$97,566
7 years$122,187$113,984$106,314$99,148$92,457$77,087
8 years$105,834$97,705$90,163$83,173$76,702$62,077
9 years$93,122$85,070$77,657$70,845$64,594$50,703
10 years$82,958$74,985$67,703$61,069$55,037$41,867
11 years$74,648$66,755$59,605$53,148$47,334$34,866
12 years$67,728$59,915$52,898$46,618$41,019$29,235
13 years$61,877$54,146$47,261$41,157$35,769$24,649
14 years$56,866$49,217$42,464$36,534$31,355$20,876
15 years$52,527$44,961$38,339$32,582$27,607$17,747
16 years$48,734$41,251$34,760$29,174$24,400$15,134
17 years$45,391$37,990$31,630$26,213$21,634$12,939
18 years$42,423$35,105$28,874$23,623$19,236$11,087
19 years$39,770$32,535$26,433$21,345$17,146$9,517
20 years$37,386$30,233$24,259$19,332$15,315$8,183
21 years$35,231$28,161$22,314$17,545$13,705$7,045
22 years$33,275$26,287$20,566$15,953$12,285$6,072
23 years$31,491$24,586$18,989$14,528$11,027$5,239
24 years$29,859$23,035$17,561$13,251$9,912$4,523
25 years$28,360$21,617$16,265$12,101$8,919$3,909
26 years$26,978$20,317$15,085$11,065$8,034$3,380
27 years$25,701$19,121$14,008$10,128$7,243$2,924
28 years$24,517$18,017$13,022$9,279$6,536$2,530
29 years$23,416$16,997$12,118$8,509$5,902$2,191
30 years$22,391$16,052$11,288$7,809$5,332$1,898
31 years$21,434$15,175$10,523$7,172$4,821$1,644
32 years$20,539$14,358$9,818$6,592$4,361$1,425
33 years$19,699$13,597$9,167$6,061$3,947$1,235
34 years$18,911$12,887$8,565$5,577$3,573$1,071
35 years$18,169$12,223$8,008$5,134$3,236$928
36 years$17,471$11,602$7,491$4,728$2,932$805
37 years$16,811$11,019$7,012$4,357$2,658$698
38 years$16,188$10,472$6,566$4,016$2,409$606
39 years$15,598$9,958$6,152$3,702$2,185$526
40 years$15,039$9,474$5,766$3,415$1,982$456
41 years$14,508$9,018$5,407$3,151$1,798$396
42 years$14,005$8,589$5,072$2,908$1,632$343
43 years$13,526$8,183$4,759$2,684$1,481$298
44 years$13,070$7,801$4,467$2,478$1,344$259
45 years$12,635$7,439$4,195$2,289$1,220$224
46 years$12,221$7,096$3,940$2,114$1,108$195
47 years$11,825$6,772$3,701$1,953$1,006$169
48 years$11,447$6,465$3,478$1,805$914$147
49 years$11,086$6,173$3,269$1,668$830$127
50 years$10,740$5,897$3,074$1,542$754$110

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $11,000,000, adding $5,437 every year, while hoping to spend $45,432 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: 73/16/11 Blend
71$11,000,000$11,000,000$11,000,000$11,000,000
72$12,127,608$11,544,608$11,374,108$12,986,406
73$13,316,285$12,061,955$11,706,802$14,071,941
74$14,624,684$12,603,129$12,049,117$15,254,374
75$16,064,969$13,169,249$12,401,330$16,548,220
76$17,650,543$13,761,490$12,763,722$17,964,490
77$19,396,175$14,381,079$13,136,583$19,515,305
78$21,318,137$15,029,304$13,520,211$21,214,006
79$23,434,361$15,707,514$13,914,912$23,075,279
80$25,764,606$16,417,122$14,321,001$25,115,292
81$28,330,644$17,159,609$14,738,803$27,351,846
82$31,156,466$17,936,527$15,168,650$29,804,540
83$34,268,510$18,749,500$15,610,883$32,494,952
84$37,695,905$19,600,233$16,065,855$35,446,844
85$41,470,753$20,490,510$16,533,927$38,686,379
86$45,628,426$21,422,202$17,015,470$42,242,370
87$50,207,903$22,397,267$17,510,866$46,146,546
88$55,252,136$23,417,760$18,020,507$50,433,850
89$60,808,456$24,485,833$18,544,796$55,142,765
90$66,929,020$25,603,740$19,084,148$60,315,674
91$73,671,301$26,773,844$19,638,988$65,999,259
92$81,098,634$27,998,623$20,209,755$72,244,935
93$89,280,811$29,280,671$20,796,897$79,109,333
94$98,294,737$30,622,708$21,400,877$86,654,831
95$108,225,164$32,027,584$22,022,170$94,950,139
96$119,165,482$33,498,287$22,661,264$104,070,944
97$131,218,605$35,037,947$23,318,659$114,100,619
98$144,497,941$36,649,844$23,994,873$125,131,005
99$159,128,463$38,337,419$24,690,433$137,263,277
100$175,247,887$40,104,274$25,405,884$150,608,887