Can I retire at age 72 with 11,300,000?

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 $11,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$933,143$924,831$916,722$908,807$901,078$892,411
2 years$461,952$453,349$445,011$436,926$429,085$420,354
3 years$304,909$296,268$287,951$279,943$272,229$263,705
4 years$226,403$217,789$209,555$201,683$194,156$185,904
5 years$179,311$170,749$162,623$154,912$147,594$139,639
6 years$147,927$139,429$131,424$123,884$116,786$109,138
7 years$125,519$117,093$109,214$101,852$94,979$87,640
8 years$108,720$100,370$92,622$85,441$78,794$71,765
9 years$95,662$87,390$79,775$72,777$66,356$59,635
10 years$85,221$77,030$69,550$62,734$56,538$50,121
11 years$76,684$68,575$61,231$54,598$48,625$42,505
12 years$69,575$61,550$54,341$47,890$42,137$36,310
13 years$63,564$55,623$48,550$42,279$36,745$31,202
14 years$58,417$50,560$43,622$37,531$32,210$26,946
15 years$53,959$46,187$39,385$33,471$28,360$23,366
16 years$50,063$42,376$35,708$29,970$25,065$20,333
17 years$46,629$39,027$32,493$26,927$22,224$17,746
18 years$43,580$36,062$29,662$24,267$19,761$15,527
19 years$40,855$33,422$27,154$21,927$17,613$13,616
20 years$38,405$31,057$24,921$19,859$15,732$11,962
21 years$36,192$28,929$22,922$18,024$14,079$10,526
22 years$34,182$27,004$21,126$16,388$12,620$9,276
23 years$32,350$25,256$19,506$14,925$11,328$8,184
24 years$30,673$23,664$18,040$13,612$10,182$7,229
25 years$29,133$22,207$16,709$12,431$9,162$6,391
26 years$27,714$20,871$15,497$11,367$8,253$5,655
27 years$26,402$19,642$14,390$10,404$7,441$5,007
28 years$25,185$18,509$13,377$9,532$6,714$4,437
29 years$24,055$17,461$12,449$8,741$6,063$3,933
30 years$23,002$16,490$11,596$8,022$5,478$3,489
31 years$22,019$15,588$10,810$7,368$4,953$3,096
32 years$21,099$14,750$10,086$6,771$4,480$2,748
33 years$20,237$13,968$9,417$6,227$4,054$2,441
34 years$19,427$13,239$8,799$5,729$3,671$2,168
35 years$18,665$12,557$8,227$5,274$3,325$1,926
36 years$17,947$11,918$7,696$4,857$3,012$1,712
37 years$17,269$11,320$7,203$4,475$2,730$1,522
38 years$16,629$10,758$6,745$4,125$2,475$1,353
39 years$16,023$10,229$6,320$3,803$2,245$1,203
40 years$15,449$9,732$5,923$3,508$2,036$1,070
41 years$14,904$9,264$5,554$3,237$1,847$952
42 years$14,387$8,823$5,210$2,987$1,676$847
43 years$13,894$8,407$4,889$2,757$1,521$754
44 years$13,426$8,013$4,589$2,546$1,381$671
45 years$12,980$7,641$4,309$2,351$1,253$597
46 years$12,554$7,290$4,047$2,172$1,138$531
47 years$12,148$6,956$3,802$2,007$1,033$473
48 years$11,759$6,641$3,573$1,854$938$421
49 years$11,388$6,342$3,358$1,714$852$374
50 years$11,033$6,058$3,157$1,584$774$333

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $11,300,000, adding $6,899 every year, while hoping to spend $26,540 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: 36/46/18 Blend
71$11,300,000$11,300,000$11,300,000$11,300,000
72$12,459,716$11,860,816$11,685,666$12,839,757
73$13,702,369$12,413,758$12,048,898$13,669,439
74$15,070,883$12,992,904$12,423,408$14,561,545
75$16,578,067$13,599,511$12,809,547$15,524,081
76$18,238,039$14,234,895$13,207,675$16,563,348
77$20,066,350$14,900,437$13,618,164$17,686,254
78$22,080,143$15,597,584$14,041,397$18,900,366
79$24,298,304$16,327,851$14,477,770$20,213,985
80$26,741,646$17,092,831$14,927,690$21,636,209
81$29,433,103$17,894,189$15,391,578$23,177,021
82$32,397,949$18,733,674$15,869,865$24,847,370
83$35,664,034$19,613,118$16,362,999$26,659,272
84$39,262,046$20,534,441$16,871,441$28,625,916
85$43,225,804$21,499,659$17,395,663$30,761,777
86$47,592,575$22,510,881$17,936,157$33,082,750
87$52,403,426$23,570,322$18,493,426$35,606,288
88$57,703,610$24,680,302$19,067,991$38,351,563
89$63,542,997$25,843,255$19,660,387$41,339,632
90$69,976,539$27,061,732$20,271,167$44,593,630
91$77,064,797$28,338,407$20,900,901$48,138,978
92$84,874,502$29,676,085$21,550,177$52,003,613
93$93,479,193$31,077,705$22,219,600$56,218,242
94$102,959,909$32,546,351$22,909,795$60,816,616
95$113,405,951$34,085,254$23,621,405$65,835,845
96$124,915,731$35,697,804$24,355,094$71,316,728
97$137,597,692$37,387,553$25,111,547$77,304,129
98$151,571,341$39,158,228$25,891,468$83,847,387
99$166,968,371$41,013,734$26,695,585$91,000,769
100$183,933,906$42,958,168$27,524,648$98,823,963