Can I retire at age 72 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,062,172
2 years$560,066$549,635$539,526$529,725$520,218$489,932
3 years$369,668$359,193$349,109$339,400$330,048$300,709
4 years$274,488$264,045$254,062$244,518$235,393$207,227
5 years$217,395$207,014$197,163$187,814$178,942$152,027
6 years$179,346$169,043$159,337$150,196$141,591$115,951
7 years$152,178$141,962$132,410$123,484$115,151$90,788
8 years$131,811$121,687$112,294$103,588$95,529$72,429
9 years$115,979$105,951$96,719$88,234$80,449$58,591
10 years$103,321$93,390$84,321$76,059$68,547$47,901
11 years$92,971$83,140$74,235$66,194$58,952$39,486
12 years$84,352$74,622$65,882$58,061$51,087$32,764
13 years$77,065$67,437$58,861$51,259$44,549$27,330
14 years$70,824$61,298$52,887$45,502$39,051$22,894
15 years$65,420$55,997$47,750$40,580$34,384$19,246
16 years$60,696$51,376$43,292$36,335$30,388$16,226
17 years$56,533$47,315$39,394$32,647$26,945$13,713
18 years$52,836$43,721$35,962$29,421$23,958$11,612
19 years$49,532$40,521$32,921$26,584$21,354$9,850
20 years$46,562$37,654$30,214$24,077$19,074$8,367
21 years$43,878$35,073$27,791$21,852$17,069$7,115
22 years$41,442$32,739$25,613$19,868$15,300$6,057
23 years$39,221$30,620$23,649$18,094$13,734$5,161
24 years$37,188$28,689$21,872$16,503$12,345$4,400
25 years$35,321$26,924$20,258$15,072$11,108$3,754
26 years$33,600$25,304$18,788$13,781$10,006$3,204
27 years$32,009$23,814$17,446$12,614$9,021$2,736
28 years$30,534$22,440$16,219$11,557$8,140$2,338
29 years$29,164$21,169$15,093$10,598$7,350$1,998
30 years$27,887$19,992$14,058$9,726$6,641$1,707
31 years$26,695$18,899$13,106$8,933$6,004$1,460
32 years$25,580$17,882$12,228$8,210$5,431$1,248
33 years$24,535$16,935$11,418$7,549$4,915$1,068
34 years$23,553$16,051$10,668$6,946$4,450$913
35 years$22,629$15,224$9,974$6,394$4,031$781
36 years$21,759$14,449$9,330$5,889$3,652$669
37 years$20,937$13,724$8,733$5,426$3,310$572
38 years$20,161$13,042$8,178$5,001$3,001$490
39 years$19,426$12,402$7,662$4,611$2,721$419
40 years$18,730$11,800$7,182$4,253$2,468$359
41 years$18,070$11,232$6,734$3,924$2,239$307
42 years$17,442$10,697$6,317$3,622$2,032$263
43 years$16,845$10,192$5,927$3,343$1,844$225
44 years$16,278$9,715$5,564$3,087$1,674$193
45 years$15,736$9,264$5,224$2,851$1,520$165
46 years$15,220$8,838$4,907$2,633$1,380$141
47 years$14,728$8,434$4,610$2,433$1,253$121
48 years$14,257$8,051$4,332$2,248$1,138$103
49 years$13,807$7,689$4,072$2,078$1,033$89
50 years$13,376$7,344$3,828$1,920$939$76

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $13,700,000, adding $5,975 every year, while hoping to spend $53,405 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: 44/46/10 Blend
71$13,700,000$13,700,000$13,700,000$13,700,000
72$15,103,563$14,377,463$14,165,113$15,724,645
73$16,587,304$15,025,136$14,582,822$16,804,237
74$18,220,597$15,702,756$15,012,734$17,967,725
75$20,018,639$16,411,732$15,455,202$19,227,529
76$21,998,177$17,153,544$15,910,588$20,592,520
77$24,177,663$17,929,740$16,379,265$22,072,432
78$26,577,431$18,741,943$16,861,617$23,677,946
79$29,219,885$19,591,854$17,358,037$25,420,788
80$32,129,713$20,481,255$17,868,931$27,313,831
81$35,334,120$21,412,013$18,394,716$29,371,208
82$38,863,082$22,386,083$18,935,821$31,608,445
83$42,749,633$23,405,517$19,492,687$34,042,593
84$47,030,170$24,472,463$20,065,767$36,692,385
85$51,744,805$25,589,171$20,655,528$39,578,403
86$56,937,736$26,758,001$21,262,449$42,723,267
87$62,657,667$27,981,425$21,887,023$46,151,838
88$68,958,268$29,262,033$22,529,757$49,891,440
89$75,898,679$30,602,541$23,191,172$53,972,115
90$83,544,073$32,005,794$23,871,805$58,426,890
91$91,966,265$33,474,774$24,572,206$63,292,085
92$101,244,392$35,012,606$25,292,943$68,607,639
93$111,465,661$36,622,565$26,034,598$74,417,476
94$122,726,172$38,308,084$26,797,770$80,769,912
95$135,131,821$40,072,760$27,583,076$87,718,094
96$148,799,306$41,920,364$28,391,147$95,320,492
97$163,857,221$43,854,848$29,222,637$103,641,432
98$180,447,276$45,880,354$30,078,213$112,751,696
99$198,725,629$48,001,223$30,958,565$122,729,168
100$218,864,366$50,222,006$31,864,400$133,659,557