Can I retire at age 72 with 11,100,000?

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 $11,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$916,628$908,463$900,497$892,722$885,130$861,983
2 years$453,776$445,325$437,134$429,193$421,490$398,329
3 years$299,512$291,025$282,855$274,988$267,411$244,958
4 years$222,396$213,934$205,846$198,114$190,720$169,149
5 years$176,138$167,727$159,745$152,170$144,982$124,353
6 years$145,309$136,962$129,098$121,692$114,719$95,052
7 years$123,297$115,020$107,281$100,049$93,298$74,593
8 years$106,796$98,593$90,983$83,929$77,399$59,649
9 years$93,968$85,843$78,363$71,489$65,181$48,369
10 years$83,712$75,667$68,319$61,624$55,538$39,643
11 years$75,327$67,362$60,147$53,631$47,764$32,763
12 years$68,343$60,460$53,379$47,042$41,392$27,257
13 years$62,439$54,638$47,690$41,531$36,094$22,797
14 years$57,383$49,665$42,850$36,867$31,640$19,150
15 years$53,004$45,370$38,688$32,879$27,858$16,144
16 years$49,177$41,626$35,076$29,439$24,621$13,650
17 years$45,804$38,336$31,918$26,451$21,831$11,569
18 years$42,808$35,424$29,137$23,838$19,411$9,826
19 years$40,132$32,831$26,673$21,539$17,302$8,360
20 years$37,725$30,508$24,480$19,508$15,454$7,122
21 years$35,551$28,417$22,517$17,705$13,830$6,076
22 years$33,577$26,526$20,752$16,098$12,396$5,188
23 years$31,778$24,809$19,161$14,660$11,128$4,434
24 years$30,131$23,245$17,721$13,371$10,002$3,793
25 years$28,618$21,814$16,413$12,211$9,000$3,246
26 years$27,223$20,502$15,222$11,165$8,107$2,780
27 years$25,934$19,294$14,135$10,220$7,309$2,382
28 years$24,739$18,181$13,141$9,364$6,595$2,041
29 years$23,629$17,152$12,228$8,587$5,955$1,750
30 years$22,595$16,198$11,390$7,880$5,381$1,501
31 years$21,629$15,312$10,619$7,238$4,865$1,287
32 years$20,726$14,489$9,908$6,652$4,401$1,105
33 years$19,878$13,721$9,251$6,117$3,983$948
34 years$19,083$13,004$8,643$5,628$3,606$814
35 years$18,335$12,334$8,081$5,181$3,266$698
36 years$17,629$11,707$7,560$4,771$2,959$600
37 years$16,964$11,119$7,076$4,396$2,682$515
38 years$16,335$10,567$6,626$4,052$2,431$442
39 years$15,740$10,048$6,208$3,736$2,205$380
40 years$15,175$9,560$5,819$3,446$2,000$326
41 years$14,640$9,100$5,456$3,179$1,814$280
42 years$14,132$8,667$5,118$2,934$1,646$240
43 years$13,649$8,258$4,802$2,709$1,494$207
44 years$13,188$7,871$4,508$2,501$1,356$177
45 years$12,750$7,506$4,233$2,310$1,231$152
46 years$12,332$7,161$3,976$2,134$1,118$131
47 years$11,933$6,833$3,735$1,971$1,015$112
48 years$11,551$6,523$3,510$1,821$922$97
49 years$11,186$6,229$3,299$1,683$837$83
50 years$10,837$5,951$3,102$1,556$760$71

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $11,100,000, adding $4,679 every year, while hoping to spend $57,543 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: 28/43/29 Blend
71$11,100,000$11,100,000$11,100,000$11,100,000
72$12,237,026$11,648,726$11,476,676$12,469,694
73$13,423,978$12,158,289$11,799,920$13,166,588
74$14,730,070$12,690,891$12,132,063$13,909,500
75$16,167,393$13,247,601$12,473,344$14,706,521
76$17,749,272$13,829,539$12,824,006$15,562,340
77$19,490,386$14,437,874$13,184,298$16,482,091
78$21,406,910$15,073,835$13,554,477$17,471,394
79$23,516,668$15,738,705$13,934,804$18,536,407
80$25,839,298$16,433,831$14,325,550$19,683,879
81$28,396,439$17,160,622$14,726,989$20,921,203
82$31,211,938$17,920,555$15,139,405$22,256,490
83$34,312,068$18,715,174$15,563,087$23,698,630
84$37,725,781$19,546,100$15,998,333$25,257,377
85$41,484,980$20,415,028$16,445,447$26,943,431
86$45,624,819$21,323,736$16,904,741$28,768,534
87$50,184,036$22,274,084$17,376,535$30,745,574
88$55,205,316$23,268,022$17,861,156$32,888,701
89$60,735,695$24,307,592$18,358,942$35,213,450
90$66,827,005$25,394,933$18,870,236$37,736,882
91$73,536,361$26,532,287$19,395,390$40,477,737
92$80,926,701$27,722,000$19,934,767$43,456,604
93$89,067,379$28,966,533$20,488,736$46,696,102
94$98,034,820$30,268,461$21,057,677$50,221,090
95$107,913,241$31,630,485$21,641,979$54,058,887
96$118,795,445$33,055,433$22,242,039$58,239,524
97$130,783,699$34,546,267$22,858,265$62,796,016
98$143,990,694$36,106,092$23,491,075$67,764,661
99$158,540,616$37,738,161$24,140,897$73,185,371
100$174,570,309$39,445,882$24,808,168$79,102,043