Can I retire at age 72 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,067,935
2 years$551,890$541,611$531,650$521,992$512,623$503,981
3 years$364,272$353,949$344,013$334,445$325,229$316,786
4 years$270,481$260,190$250,353$240,949$231,956$223,777
5 years$214,222$203,992$194,284$185,072$176,329$168,438
6 years$176,727$166,575$157,011$148,003$139,524$131,930
7 years$149,956$139,889$130,477$121,682$113,470$106,178
8 years$129,887$119,911$110,654$102,076$94,134$87,144
9 years$114,286$104,404$95,307$86,946$79,275$72,583
10 years$101,812$92,027$83,091$74,948$67,546$61,150
11 years$91,613$81,926$73,152$65,227$58,092$51,987
12 years$83,120$73,533$64,920$57,213$50,341$44,522
13 years$75,940$66,452$58,002$50,511$43,898$38,358
14 years$69,790$60,403$52,115$44,838$38,481$33,213
15 years$64,465$55,179$47,053$39,987$33,882$28,878
16 years$59,810$50,626$42,660$35,804$29,945$25,198
17 years$55,707$46,625$38,819$32,170$26,551$22,053
18 years$52,064$43,083$35,437$28,992$23,608$19,351
19 years$48,809$39,929$32,441$26,196$21,042$17,018
20 years$45,882$37,104$29,772$23,726$18,795$14,994
21 years$43,238$34,561$27,385$21,533$16,820$13,234
22 years$40,837$32,261$25,239$19,578$15,077$11,697
23 years$38,649$30,173$23,304$17,830$13,534$10,352
24 years$36,645$28,271$21,552$16,262$12,164$9,171
25 years$34,805$26,531$19,962$14,852$10,946$8,134
26 years$33,109$24,934$18,514$13,580$9,860$7,219
27 years$31,542$23,466$17,192$12,430$8,889$6,413
28 years$30,089$22,112$15,982$11,388$8,021$5,700
29 years$28,738$20,860$14,872$10,443$7,243$5,070
30 years$27,480$19,700$13,853$9,584$6,544$4,512
31 years$26,306$18,623$12,915$8,802$5,917$4,017
32 years$25,207$17,621$12,050$8,090$5,352$3,578
33 years$24,177$16,688$11,251$7,439$4,844$3,188
34 years$23,209$15,816$10,512$6,845$4,385$2,841
35 years$22,299$15,001$9,828$6,301$3,972$2,533
36 years$21,441$14,239$9,194$5,803$3,599$2,259
37 years$20,632$13,523$8,605$5,347$3,262$2,015
38 years$19,867$12,852$8,059$4,928$2,957$1,797
39 years$19,143$12,221$7,550$4,544$2,682$1,604
40 years$18,457$11,627$7,077$4,191$2,432$1,431
41 years$17,806$11,068$6,636$3,867$2,207$1,278
42 years$17,187$10,541$6,224$3,569$2,002$1,141
43 years$16,600$10,043$5,841$3,294$1,817$1,018
44 years$16,040$9,573$5,483$3,042$1,649$909
45 years$15,507$9,129$5,148$2,809$1,497$812
46 years$14,998$8,709$4,835$2,595$1,360$725
47 years$14,513$8,311$4,543$2,397$1,235$648
48 years$14,049$7,934$4,269$2,215$1,121$578
49 years$13,605$7,576$4,012$2,047$1,018$517
50 years$13,181$7,237$3,772$1,892$925$461

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $13,500,000, adding $5,174 every year, while hoping to spend $32,734 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: 60/23/17 Blend
71$13,500,000$13,500,000$13,500,000$13,500,000
72$14,882,337$14,166,837$13,957,587$15,710,095
73$16,365,507$14,826,183$14,390,337$16,929,019
74$17,998,862$15,516,740$14,836,488$18,254,077
75$19,797,689$16,240,003$15,296,453$19,698,864
76$21,778,828$16,997,539$15,770,659$21,274,971
77$23,960,840$17,790,989$16,259,547$22,995,143
78$26,364,175$18,622,077$16,763,571$24,873,396
79$29,011,369$19,492,606$17,283,199$26,925,149
80$31,927,255$20,404,471$17,818,913$29,167,364
81$35,139,198$21,359,653$18,371,209$31,618,700
82$38,677,354$22,360,233$18,940,602$34,299,688
83$42,574,951$23,408,392$19,527,619$37,232,917
84$46,868,607$24,506,414$20,132,806$40,443,248
85$51,598,672$25,656,696$20,756,722$43,958,035
86$56,809,613$26,861,750$21,399,949$47,807,389
87$62,550,427$28,124,210$22,063,081$52,024,446
88$68,875,112$29,446,837$22,746,735$56,645,685
89$75,843,166$30,832,525$23,451,544$61,711,256
90$83,520,161$32,284,310$24,178,162$67,265,361
91$91,978,350$33,805,374$24,927,263$73,356,661
92$101,297,357$35,399,053$25,699,542$80,038,731
93$111,564,925$37,068,844$26,495,714$87,370,555
94$122,877,745$38,818,416$27,316,519$95,417,082
95$135,342,369$40,651,611$28,162,715$104,249,823
96$149,076,213$42,572,463$29,035,089$113,947,526
97$164,208,671$44,585,198$29,934,449$124,596,908
98$180,882,330$46,694,247$30,861,627$136,293,462
99$199,254,320$48,904,257$31,817,484$149,142,357
100$219,497,796$51,220,101$32,802,905$163,259,412