Can I retire at age 72 with 11,400,000?

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 $11,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$941,401$933,016$924,835$916,849$909,052$898,438
2 years$466,040$457,361$448,949$440,793$432,882$422,198
3 years$307,607$298,890$290,500$282,420$274,638$264,217
4 years$228,406$219,716$211,409$203,468$195,874$185,795
5 years$180,898$172,260$164,062$156,283$148,900$139,194
6 years$149,236$140,663$132,587$124,981$117,820$108,497
7 years$126,630$118,129$110,180$102,754$95,819$86,883
8 years$109,682$101,258$93,442$86,197$79,491$70,942
9 years$96,508$88,163$80,481$73,421$66,943$58,778
10 years$85,975$77,712$70,165$63,290$57,039$49,251
11 years$77,362$69,182$61,772$55,081$49,055$41,639
12 years$70,191$62,094$54,821$48,313$42,510$35,457
13 years$64,127$56,115$48,979$42,653$37,070$30,371
14 years$58,934$51,007$44,008$37,863$32,495$26,141
15 years$54,437$46,596$39,733$33,767$28,611$22,592
16 years$50,506$42,751$36,024$30,235$25,287$19,592
17 years$47,042$39,372$32,781$27,166$22,421$17,039
18 years$43,965$36,381$29,924$24,482$19,936$14,856
19 years$41,216$33,718$27,394$22,121$17,769$12,980
20 years$38,745$31,332$25,141$20,035$15,872$11,361
21 years$36,512$29,185$23,125$18,183$14,203$9,961
22 years$34,485$27,243$21,313$16,533$12,731$8,744
23 years$32,637$25,480$19,679$15,057$11,428$7,686
24 years$30,945$23,873$18,200$13,733$10,272$6,762
25 years$29,391$22,404$16,857$12,541$9,243$5,955
26 years$27,959$21,056$15,634$11,467$8,326$5,249
27 years$26,635$19,816$14,517$10,496$7,507$4,629
28 years$25,408$18,672$13,496$9,617$6,773$4,085
29 years$24,268$17,615$12,559$8,819$6,116$3,607
30 years$23,205$16,636$11,698$8,093$5,526$3,186
31 years$22,214$15,726$10,906$7,433$4,996$2,816
32 years$21,286$14,880$10,175$6,831$4,520$2,489
33 years$20,416$14,092$9,501$6,282$4,090$2,202
34 years$19,599$13,356$8,877$5,780$3,703$1,948
35 years$18,830$12,668$8,299$5,321$3,354$1,723
36 years$18,106$12,024$7,764$4,900$3,039$1,525
37 years$17,422$11,420$7,267$4,515$2,754$1,350
38 years$16,776$10,853$6,805$4,162$2,497$1,195
39 years$16,165$10,320$6,376$3,837$2,264$1,058
40 years$15,586$9,819$5,976$3,539$2,054$937
41 years$15,036$9,346$5,603$3,265$1,863$830
42 years$14,514$8,901$5,256$3,014$1,691$735
43 years$14,017$8,481$4,932$2,782$1,535$651
44 years$13,545$8,084$4,630$2,569$1,393$577
45 years$13,095$7,709$4,347$2,372$1,264$511
46 years$12,665$7,354$4,083$2,191$1,148$453
47 years$12,255$7,018$3,836$2,024$1,043$401
48 years$11,863$6,700$3,605$1,871$947$356
49 years$11,489$6,398$3,388$1,729$860$315
50 years$11,130$6,111$3,185$1,598$781$279

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $11,400,000, adding $4,692 every year, while hoping to spend $49,675 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: 68/26/6 Blend
71$11,400,000$11,400,000$11,400,000$11,400,000
72$12,567,640$11,963,440$11,786,740$13,411,084
73$13,796,685$12,496,795$12,128,742$14,503,609
74$15,149,428$13,054,619$12,480,536$15,691,396
75$16,638,434$13,638,059$12,842,398$16,988,908
76$18,277,547$14,248,316$13,214,611$18,406,865
77$20,082,022$14,886,649$13,597,465$19,957,060
78$22,068,669$15,554,376$13,991,261$21,652,467
79$24,256,009$16,252,876$14,396,305$23,507,362
80$26,664,453$16,983,598$14,812,912$25,537,453
81$29,316,490$17,748,057$15,241,407$27,760,027
82$32,236,900$18,547,840$15,682,122$30,194,107
83$35,452,992$19,384,612$16,135,401$32,860,631
84$38,994,854$20,260,115$16,601,594$35,782,646
85$42,895,645$21,176,177$17,081,063$38,985,517
86$47,191,901$22,134,709$17,574,179$42,497,171
87$51,923,883$23,137,718$18,081,322$46,348,348
88$57,135,957$24,187,305$18,602,885$50,572,890
89$62,877,012$25,285,670$19,139,269$55,208,059
90$69,200,920$26,435,120$19,690,887$60,294,880
91$76,167,045$27,638,073$20,258,163$65,878,523
92$83,840,806$28,897,061$20,841,534$72,008,728
93$92,294,289$30,214,738$21,441,446$78,740,266
94$101,606,932$31,593,885$22,058,360$86,133,452
95$111,866,271$33,037,417$22,692,747$94,254,706
96$123,168,768$34,548,388$23,345,092$103,177,177
97$135,620,723$36,130,000$24,015,892$112,981,425
98$149,339,272$37,785,605$24,705,660$123,756,174
99$164,453,499$39,518,721$25,414,921$135,599,146
100$181,105,647$41,333,029$26,144,212$148,617,971