Can I retire at age 72 with 13,300,000?

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 $13,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$1,098,302$1,088,518$1,078,974$1,069,658$1,060,561$1,042,562
2 years$543,714$533,587$523,774$514,258$505,029$486,951
3 years$358,875$348,705$338,916$329,490$320,411$302,817
4 years$266,474$256,335$246,644$237,379$228,520$211,545
5 years$211,048$200,970$191,406$182,330$173,717$157,410
6 years$174,109$164,107$154,685$145,811$137,456$121,836
7 years$147,735$137,817$128,544$119,879$111,789$96,860
8 years$127,963$118,135$109,015$100,564$92,740$78,498
9 years$112,593$102,857$93,895$85,658$78,100$64,539
10 years$100,304$90,664$81,860$73,838$66,545$53,653
11 years$90,256$80,713$72,068$64,261$57,231$44,993
12 years$81,889$72,443$63,958$56,366$49,595$37,996
13 years$74,814$65,468$57,143$49,762$43,248$32,270
14 years$68,756$59,508$51,343$44,173$37,911$27,535
15 years$63,510$54,362$46,356$39,395$33,380$23,586
16 years$58,924$49,876$42,028$35,274$29,501$20,270
17 years$54,882$45,934$38,244$31,693$26,158$17,467
18 years$51,293$42,445$34,912$28,562$23,258$15,087
19 years$48,086$39,338$31,960$25,808$20,731$13,057
20 years$45,202$36,554$29,331$23,374$18,517$11,319
21 years$42,597$34,049$26,979$21,214$16,571$9,827
22 years$40,232$31,783$24,866$19,288$14,853$8,542
23 years$38,076$29,726$22,959$17,566$13,333$7,433
24 years$36,102$27,852$21,233$16,021$11,984$6,474
25 years$34,289$26,137$19,666$14,632$10,784$5,643
26 years$32,619$24,565$18,239$13,378$9,714$4,923
27 years$31,074$23,119$16,937$12,246$8,758$4,297
28 years$29,643$21,784$15,745$11,220$7,902$3,752
29 years$28,312$20,551$14,652$10,289$7,136$3,278
30 years$27,073$19,408$13,648$9,442$6,447$2,865
31 years$25,916$18,347$12,723$8,672$5,829$2,505
32 years$24,833$17,360$11,871$7,970$5,273$2,191
33 years$23,818$16,441$11,084$7,329$4,772$1,917
34 years$22,865$15,582$10,356$6,743$4,320$1,677
35 years$21,968$14,779$9,683$6,208$3,913$1,468
36 years$21,123$14,028$9,058$5,717$3,546$1,285
37 years$20,326$13,323$8,478$5,267$3,213$1,125
38 years$19,572$12,662$7,939$4,855$2,913$985
39 years$18,859$12,040$7,438$4,477$2,642$862
40 years$18,183$11,455$6,972$4,129$2,396$755
41 years$17,542$10,904$6,537$3,810$2,174$662
42 years$16,933$10,385$6,132$3,516$1,973$579
43 years$16,354$9,895$5,754$3,245$1,790$508
44 years$15,802$9,432$5,401$2,997$1,625$445
45 years$15,277$8,994$5,072$2,768$1,475$390
46 years$14,776$8,580$4,764$2,556$1,339$341
47 years$14,298$8,188$4,475$2,362$1,216$299
48 years$13,841$7,816$4,205$2,182$1,105$262
49 years$13,404$7,464$3,953$2,017$1,003$230
50 years$12,985$7,130$3,716$1,864$911$201

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $13,300,000, adding $3,901 every year, while hoping to spend $40,499 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: 66/27/7 Blend
71$13,300,000$13,300,000$13,300,000$13,300,000
72$14,660,624$13,955,724$13,749,574$15,610,024
73$16,112,917$14,596,464$14,167,094$16,881,894
74$17,711,986$15,267,242$14,597,244$18,266,145
75$19,472,761$15,969,489$15,040,403$19,777,866
76$21,411,690$16,704,702$15,496,964$21,429,471
77$23,546,901$17,474,450$15,967,331$23,234,621
78$25,898,366$18,280,380$16,451,918$25,208,337
79$28,488,096$19,124,215$16,951,153$27,367,147
80$31,340,343$20,007,763$17,465,478$29,729,235
81$34,481,832$20,932,918$17,995,347$32,314,608
82$37,942,015$21,901,666$18,541,226$35,145,282
83$41,753,341$22,916,089$19,103,598$38,245,484
84$45,951,572$23,978,367$19,682,959$41,641,878
85$50,576,113$25,090,788$20,279,818$45,363,808
86$55,670,388$26,255,748$20,894,704$49,443,575
87$61,282,248$27,475,759$21,528,156$53,916,732
88$67,464,421$28,753,456$22,180,734$58,822,418
89$74,275,016$30,091,599$22,853,012$64,203,716
90$81,778,061$31,493,081$23,545,582$70,108,062
91$90,044,117$32,960,936$24,259,053$76,587,677
92$99,150,939$34,498,344$24,994,053$83,700,061
93$109,184,210$36,108,638$25,751,229$91,508,524
94$120,238,351$37,795,312$26,531,246$100,082,778
95$132,417,411$39,562,030$27,334,791$109,499,587
96$145,836,049$41,412,632$28,162,569$119,843,485
97$160,620,618$43,351,143$29,015,307$131,207,564
98$176,910,356$45,381,784$29,893,755$143,694,343
99$194,858,700$47,508,980$30,798,683$157,416,729
100$214,634,735$49,737,367$31,730,887$172,499,073