Can I retire at age 72 with 13,100,000?

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 $13,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$1,081,786$1,072,150$1,062,749$1,053,572$1,044,612$1,034,564
2 years$535,538$525,564$515,897$506,525$497,434$487,312
3 years$353,479$343,462$333,820$324,536$315,593$305,711
4 years$262,467$252,481$242,935$233,810$225,083$215,517
5 years$207,874$197,948$188,528$179,588$171,105$161,883
6 years$171,491$161,639$152,358$143,618$135,389$126,523
7 years$145,513$135,744$126,611$118,076$110,108$101,601
8 years$126,039$116,358$107,376$99,051$91,345$83,197
9 years$110,900$101,311$92,483$84,370$76,926$69,134
10 years$98,796$89,300$80,629$72,728$65,545$58,104
11 years$88,899$79,499$70,984$63,295$56,371$49,276
12 years$80,658$71,354$62,997$55,518$48,850$42,094
13 years$73,689$64,483$56,283$49,014$42,598$36,173
14 years$67,722$58,613$50,571$43,509$37,341$31,238
15 years$62,555$53,544$45,659$38,803$32,878$27,088
16 years$58,038$49,126$41,396$34,744$29,058$23,572
17 years$54,057$45,243$37,669$31,217$25,764$20,573
18 years$50,522$41,807$34,387$28,133$22,909$18,001
19 years$47,362$38,746$31,480$25,420$20,419$15,784
20 years$44,523$36,005$28,890$23,023$18,239$13,867
21 years$41,957$33,537$26,574$20,895$16,321$12,203
22 years$39,627$31,305$24,492$18,998$14,630$10,753
23 years$37,503$29,279$22,614$17,302$13,133$9,488
24 years$35,559$27,433$20,914$15,780$11,804$8,380
25 years$33,774$25,744$19,370$14,412$10,622$7,409
26 years$32,128$24,196$17,965$13,177$9,568$6,555
27 years$30,607$22,771$16,682$12,061$8,626$5,805
28 years$29,197$21,457$15,508$11,051$7,783$5,143
29 years$27,887$20,242$14,432$10,134$7,028$4,560
30 years$26,666$19,117$13,443$9,300$6,350$4,044
31 years$25,526$18,071$12,532$8,542$5,741$3,589
32 years$24,460$17,099$11,693$7,850$5,194$3,186
33 years$23,460$16,193$10,918$7,219$4,700$2,829
34 years$22,521$15,348$10,201$6,642$4,255$2,513
35 years$21,638$14,557$9,537$6,114$3,854$2,233
36 years$20,806$13,817$8,922$5,631$3,492$1,985
37 years$20,020$13,123$8,350$5,188$3,165$1,764
38 years$19,278$12,471$7,820$4,782$2,869$1,569
39 years$18,575$11,859$7,326$4,409$2,602$1,395
40 years$17,910$11,283$6,867$4,067$2,360$1,241
41 years$17,278$10,740$6,439$3,752$2,141$1,104
42 years$16,678$10,229$6,040$3,463$1,943$982
43 years$16,108$9,746$5,668$3,197$1,763$874
44 years$15,565$9,290$5,320$2,952$1,601$777
45 years$15,047$8,859$4,995$2,726$1,453$692
46 years$14,554$8,451$4,692$2,518$1,319$616
47 years$14,083$8,065$4,408$2,326$1,198$548
48 years$13,632$7,699$4,142$2,150$1,088$488
49 years$13,202$7,352$3,893$1,987$988$434
50 years$12,790$7,023$3,660$1,836$898$386

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $13,100,000, adding $6,897 every year, while hoping to spend $53,930 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: 46/36/18 Blend
71$13,100,000$13,100,000$13,100,000$13,100,000
72$14,443,314$13,749,014$13,545,964$15,033,236
73$15,859,151$14,365,335$13,942,373$16,061,996
74$17,417,596$15,010,048$14,350,254$17,171,478
75$19,133,138$15,684,487$14,769,934$18,374,020
76$21,021,742$16,390,051$15,201,751$19,678,307
77$23,100,999$17,128,203$15,646,050$21,093,873
78$25,390,295$17,900,479$16,103,186$22,631,191
79$27,910,988$18,708,485$16,573,526$24,301,763
80$30,686,615$19,553,907$17,057,445$26,118,225
81$33,743,110$20,438,509$17,555,329$28,094,465
82$37,109,051$21,364,139$18,067,577$30,245,739
83$40,815,928$22,332,736$18,594,595$32,588,821
84$44,898,442$23,346,330$19,136,803$35,142,143
85$49,394,830$24,407,047$19,694,633$37,925,974
86$54,347,227$25,517,117$20,268,528$40,962,597
87$59,802,064$26,678,875$20,858,943$44,276,515
88$65,810,504$27,894,769$21,466,347$47,894,676
89$72,428,926$29,167,364$22,091,220$51,846,717
90$79,719,459$30,499,347$22,734,058$56,165,241
91$87,750,564$31,893,535$23,395,369$60,886,109
92$96,597,682$33,352,879$24,075,675$66,048,778
93$106,343,948$34,880,473$24,775,513$71,696,656
94$117,080,973$36,479,558$25,495,434$77,877,511
95$128,909,707$38,153,531$26,236,006$84,643,906
96$141,941,396$39,905,953$26,997,811$92,053,685
97$156,298,628$41,740,554$27,781,448$100,170,513
98$172,116,494$43,661,247$28,587,532$109,064,460
99$189,543,856$45,672,128$29,416,695$118,812,654
100$208,744,762$47,777,495$30,269,586$129,499,997