Can I retire at age 72 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,059,557
2 years$555,978$545,623$535,588$525,858$516,421$491,446
3 years$366,970$356,571$346,561$336,922$327,638$303,395
4 years$272,485$262,117$252,208$242,734$233,674$210,349
5 years$215,808$205,503$195,723$186,443$177,636$155,293
6 years$178,036$167,809$158,174$149,100$140,557$119,221
7 years$151,067$140,926$131,443$122,583$114,310$93,985
8 years$130,849$120,799$111,474$102,832$94,832$75,508
9 years$115,133$105,177$96,013$87,590$79,862$61,525
10 years$102,567$92,709$83,706$75,503$68,046$50,677
11 years$92,292$82,533$73,693$65,711$58,522$42,097
12 years$83,736$74,077$65,401$57,637$50,714$35,206
13 years$76,502$66,944$58,431$50,885$44,224$29,604
14 years$70,307$60,850$52,501$45,170$38,766$25,005
15 years$64,942$55,588$47,401$40,284$34,133$21,197
16 years$60,253$51,001$42,976$36,070$30,167$18,025
17 years$56,120$46,970$39,107$32,408$26,748$15,366
18 years$52,450$43,402$35,699$29,206$23,783$13,128
19 years$49,170$40,225$32,681$26,390$21,198$11,236
20 years$46,222$37,379$29,993$23,902$18,935$9,631
21 years$43,558$34,817$27,588$21,692$16,944$8,267
22 years$41,140$32,500$25,426$19,723$15,188$7,103
23 years$38,935$30,397$23,477$17,962$13,634$6,109
24 years$36,917$28,480$21,712$16,383$12,254$5,259
25 years$35,063$26,727$20,110$14,962$11,027$4,529
26 years$33,354$25,119$18,651$13,680$9,933$3,904
27 years$31,775$23,640$17,319$12,522$8,955$3,366
28 years$30,311$22,276$16,100$11,473$8,080$2,904
29 years$28,951$21,015$14,983$10,521$7,296$2,506
30 years$27,684$19,846$13,956$9,655$6,593$2,164
31 years$26,500$18,761$13,010$8,868$5,961$1,868
32 years$25,393$17,752$12,139$8,150$5,392$1,614
33 years$24,356$16,811$11,334$7,494$4,880$1,394
34 years$23,381$15,933$10,590$6,895$4,418$1,205
35 years$22,464$15,113$9,901$6,348$4,001$1,041
36 years$21,600$14,344$9,262$5,846$3,625$900
37 years$20,785$13,624$8,669$5,386$3,286$778
38 years$20,014$12,947$8,118$4,965$2,979$672
39 years$19,284$12,311$7,606$4,578$2,701$581
40 years$18,593$11,713$7,129$4,222$2,450$503
41 years$17,938$11,150$6,685$3,896$2,223$435
42 years$17,315$10,619$6,271$3,595$2,017$376
43 years$16,723$10,118$5,884$3,319$1,831$325
44 years$16,159$9,644$5,523$3,064$1,662$281
45 years$15,622$9,197$5,186$2,830$1,509$243
46 years$15,109$8,773$4,871$2,614$1,370$210
47 years$14,620$8,372$4,576$2,415$1,244$182
48 years$14,153$7,993$4,300$2,232$1,129$157
49 years$13,706$7,632$4,042$2,062$1,026$136
50 years$13,278$7,291$3,800$1,906$932$118

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $13,600,000, adding $5,526 every year, while hoping to spend $28,571 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: 30/43/27 Blend
71$13,600,000$13,600,000$13,600,000$13,600,000
72$14,992,900$14,272,100$14,061,300$15,317,758
73$16,491,777$14,941,034$14,501,954$16,240,177
74$18,142,581$15,641,787$14,956,413$17,228,894
75$19,960,779$16,375,890$15,425,108$18,291,970
76$21,963,415$17,144,945$15,908,486$19,435,885
77$24,169,269$17,950,633$16,407,005$20,667,735
78$26,599,036$18,794,716$16,921,142$21,995,289
79$29,275,521$19,679,040$17,451,383$23,427,056
80$32,223,854$20,605,543$17,998,234$24,972,359
81$35,471,728$21,576,255$18,562,215$26,641,413
82$39,049,657$22,593,304$19,143,862$28,445,417
83$42,991,269$23,658,923$19,743,729$30,396,649
84$47,333,619$24,775,451$20,362,385$32,508,575
85$52,117,543$25,945,343$21,000,419$34,795,965
86$57,388,037$27,171,170$21,658,438$37,275,026
87$63,194,689$28,455,629$22,337,068$39,963,541
88$69,592,141$29,801,548$23,036,953$42,881,032
89$76,640,608$31,211,893$23,758,760$46,048,928
90$84,406,446$32,689,772$24,503,174$49,490,762
91$92,962,777$34,238,444$25,270,904$53,232,374
92$102,390,181$35,861,328$26,062,680$57,302,151
93$112,777,453$37,562,007$26,879,254$61,731,274
94$124,222,446$39,344,239$27,721,402$66,554,005
95$136,832,993$41,211,963$28,589,926$71,807,995
96$150,727,920$43,169,312$29,485,650$77,534,622
97$166,038,176$45,220,616$30,409,428$83,779,368
98$182,908,062$47,370,419$31,362,136$90,592,235
99$201,496,598$49,623,482$32,344,680$98,028,195
100$221,979,019$51,984,801$33,357,995$106,147,694