Can I retire at age 72 with 11,500,000?

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 $11,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$949,659$941,200$932,947$924,892$917,026$901,834
2 years$470,128$461,373$452,887$444,660$436,679$421,418
3 years$310,306$301,512$293,048$284,898$277,047$262,192
4 years$230,410$221,643$213,264$205,253$197,592$183,257
5 years$182,485$173,771$165,501$157,654$150,207$136,433
6 years$150,546$141,897$133,750$126,077$118,853$105,657
7 years$127,741$119,165$111,147$103,655$96,660$84,044
8 years$110,645$102,146$94,261$86,953$80,188$68,152
9 years$97,355$88,937$81,187$74,065$67,530$56,066
10 years$86,729$78,393$70,781$63,845$57,539$46,637
11 years$78,041$69,789$62,314$55,564$49,486$39,134
12 years$70,806$62,639$55,302$48,737$42,883$33,070
13 years$64,689$56,607$49,409$43,028$37,395$28,104
14 years$59,451$51,454$44,394$38,195$32,780$23,997
15 years$54,914$47,005$40,082$34,063$28,862$20,570
16 years$50,949$43,126$36,340$30,500$25,509$17,690
17 years$47,454$39,717$33,068$27,404$22,618$15,255
18 years$44,351$36,701$30,187$24,697$20,111$13,186
19 years$41,578$34,014$27,635$22,315$17,925$11,420
20 years$39,085$31,607$25,362$20,211$16,011$9,908
21 years$36,832$29,441$23,328$18,343$14,328$8,608
22 years$34,787$27,482$21,500$16,678$12,843$7,488
23 years$32,923$25,703$19,852$15,189$11,529$6,521
24 years$31,216$24,082$18,359$13,853$10,362$5,684
25 years$29,649$22,600$17,005$12,651$9,324$4,959
26 years$28,204$21,240$15,771$11,568$8,399$4,329
27 years$26,869$19,990$14,645$10,588$7,572$3,781
28 years$25,631$18,836$13,614$9,701$6,833$3,305
29 years$24,481$17,770$12,669$8,896$6,170$2,890
30 years$23,409$16,782$11,801$8,164$5,575$2,528
31 years$22,408$15,864$11,002$7,498$5,040$2,212
32 years$21,472$15,011$10,265$6,891$4,559$1,936
33 years$20,595$14,215$9,584$6,337$4,126$1,695
34 years$19,771$13,473$8,955$5,831$3,736$1,484
35 years$18,995$12,779$8,372$5,367$3,384$1,300
36 years$18,265$12,129$7,832$4,943$3,066$1,139
37 years$17,575$11,520$7,331$4,555$2,779$998
38 years$16,923$10,948$6,865$4,198$2,519$875
39 years$16,307$10,410$6,432$3,871$2,284$767
40 years$15,722$9,905$6,028$3,570$2,072$672
41 years$15,168$9,428$5,653$3,294$1,880$589
42 years$14,641$8,979$5,302$3,040$1,706$516
43 years$14,140$8,555$4,976$2,806$1,548$453
44 years$13,664$8,155$4,670$2,591$1,405$397
45 years$13,209$7,777$4,385$2,393$1,276$348
46 years$12,776$7,419$4,119$2,210$1,158$305
47 years$12,363$7,080$3,870$2,042$1,052$268
48 years$11,967$6,758$3,636$1,887$955$235
49 years$11,590$6,454$3,418$1,744$867$206
50 years$11,228$6,165$3,213$1,612$788$181

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $11,500,000, adding $2,536 every year, while hoping to spend $50,513 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: 61/29/10 Blend
71$11,500,000$11,500,000$11,500,000$11,500,000
72$12,675,616$12,066,116$11,887,866$13,419,838
73$13,914,783$12,603,610$12,232,364$14,456,442
74$15,278,653$13,165,749$12,586,710$15,581,028
75$16,779,891$13,753,686$12,951,180$16,806,853
76$18,432,453$14,368,630$13,326,058$18,143,699
77$20,251,720$15,011,849$13,711,637$19,602,317
78$22,254,634$15,684,669$14,108,216$21,194,534
79$24,459,869$16,388,480$14,516,104$22,933,357
80$26,887,999$17,124,738$14,935,616$24,833,091
81$29,561,694$17,894,970$15,367,079$26,909,474
82$32,505,937$18,700,774$15,810,826$29,179,821
83$35,748,255$19,543,823$16,267,201$31,663,180
84$39,318,980$20,425,874$16,736,555$34,380,514
85$43,251,538$21,348,764$17,219,252$37,354,887
86$47,582,760$22,314,419$17,715,662$40,611,683
87$52,353,234$23,324,857$18,226,169$44,178,839
88$57,607,682$24,382,194$18,751,164$48,087,104
89$63,395,388$25,488,644$19,291,051$52,370,321
90$69,770,660$26,646,529$19,846,243$57,065,747
91$76,793,341$27,858,283$20,417,165$62,214,395
92$84,529,376$29,126,454$21,004,255$67,861,415
93$93,051,436$30,453,713$21,607,961$74,056,516
94$102,439,597$31,842,860$22,228,743$80,854,427
95$112,782,104$33,296,828$22,867,073$88,315,409
96$124,176,197$34,818,691$23,523,439$96,505,815
97$136,729,032$36,411,670$24,198,337$105,498,708
98$150,558,693$38,079,141$24,892,281$115,374,548
99$165,795,303$39,824,643$25,605,796$126,221,936
100$182,582,256$41,651,882$26,339,422$138,138,448