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

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,077,021
2 years$560,066$549,635$539,526$529,725$520,218$504,696
3 years$369,668$359,193$349,109$339,400$330,048$314,923
4 years$274,488$264,045$254,062$244,518$235,393$220,781
5 years$217,395$207,014$197,163$187,814$178,942$164,886
6 years$179,346$169,043$159,337$150,196$141,591$128,107
7 years$152,178$141,962$132,410$123,484$115,151$102,245
8 years$131,811$121,687$112,294$103,588$95,529$83,198
9 years$115,979$105,951$96,719$88,234$80,449$68,688
10 years$103,321$93,390$84,321$76,059$68,547$57,346
11 years$92,971$83,140$74,235$66,194$58,952$48,302
12 years$84,352$74,622$65,882$58,061$51,087$40,974
13 years$77,065$67,437$58,861$51,259$44,549$34,959
14 years$70,824$61,298$52,887$45,502$39,051$29,970
15 years$65,420$55,997$47,750$40,580$34,384$25,796
16 years$60,696$51,376$43,292$36,335$30,388$22,277
17 years$56,533$47,315$39,394$32,647$26,945$19,293
18 years$52,836$43,721$35,962$29,421$23,958$16,749
19 years$49,532$40,521$32,921$26,584$21,354$14,570
20 years$46,562$37,654$30,214$24,077$19,074$12,697
21 years$43,878$35,073$27,791$21,852$17,069$11,081
22 years$41,442$32,739$25,613$19,868$15,300$9,684
23 years$39,221$30,620$23,649$18,094$13,734$8,472
24 years$37,188$28,689$21,872$16,503$12,345$7,420
25 years$35,321$26,924$20,258$15,072$11,108$6,503
26 years$33,600$25,304$18,788$13,781$10,006$5,705
27 years$32,009$23,814$17,446$12,614$9,021$5,007
28 years$30,534$22,440$16,219$11,557$8,140$4,397
29 years$29,164$21,169$15,093$10,598$7,350$3,864
30 years$27,887$19,992$14,058$9,726$6,641$3,397
31 years$26,695$18,899$13,106$8,933$6,004$2,987
32 years$25,580$17,882$12,228$8,210$5,431$2,628
33 years$24,535$16,935$11,418$7,549$4,915$2,312
34 years$23,553$16,051$10,668$6,946$4,450$2,035
35 years$22,629$15,224$9,974$6,394$4,031$1,792
36 years$21,759$14,449$9,330$5,889$3,652$1,578
37 years$20,937$13,724$8,733$5,426$3,310$1,389
38 years$20,161$13,042$8,178$5,001$3,001$1,224
39 years$19,426$12,402$7,662$4,611$2,721$1,078
40 years$18,730$11,800$7,182$4,253$2,468$950
41 years$18,070$11,232$6,734$3,924$2,239$837
42 years$17,442$10,697$6,317$3,622$2,032$738
43 years$16,845$10,192$5,927$3,343$1,844$650
44 years$16,278$9,715$5,564$3,087$1,674$573
45 years$15,736$9,264$5,224$2,851$1,520$505
46 years$15,220$8,838$4,907$2,633$1,380$445
47 years$14,728$8,434$4,610$2,433$1,253$392
48 years$14,257$8,051$4,332$2,248$1,138$346
49 years$13,807$7,689$4,072$2,078$1,033$305
50 years$13,376$7,344$3,828$1,920$939$269

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 $2,436 every year, while hoping to spend $54,624 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: 65/7/28 Blend
71$13,700,000$13,700,000$13,700,000$13,700,000
72$15,099,913$14,373,813$14,161,463$15,969,382
73$16,581,984$15,020,010$14,577,752$17,203,702
74$18,213,396$15,696,040$15,006,157$18,546,040
75$20,009,324$16,403,308$15,447,024$20,012,126
76$21,986,489$17,143,283$15,900,713$21,614,148
77$24,163,315$17,917,508$16,367,591$23,365,523
78$26,560,104$18,727,597$16,848,037$25,281,024
79$29,199,228$19,575,243$17,342,440$27,376,911
80$32,105,338$20,462,219$17,851,200$29,671,087
81$35,305,596$21,390,381$18,374,729$32,183,266
82$38,829,935$22,361,677$18,913,450$34,935,153
83$42,711,335$23,378,147$19,467,797$37,950,648
84$46,986,142$24,441,927$20,038,219$41,256,072
85$51,694,405$25,555,257$20,625,175$44,880,409
86$56,880,253$26,720,484$21,229,138$48,855,580
87$62,592,319$27,940,067$21,850,594$53,216,740
88$68,884,189$29,216,584$22,490,042$58,002,608
89$75,814,914$30,552,735$23,147,997$63,255,830
90$83,449,567$31,951,350$23,824,986$69,023,377
91$91,859,852$33,415,395$24,521,552$75,356,986
92$101,124,787$34,947,980$25,238,254$82,313,649
93$111,331,444$36,552,360$25,975,665$89,956,141
94$122,575,777$38,231,951$26,734,376$98,353,614
95$134,963,520$39,990,331$27,514,991$107,582,244
96$148,611,191$41,831,249$28,318,135$117,725,950
97$163,647,189$43,758,636$29,144,449$128,877,177
98$180,213,004$45,776,611$29,994,590$141,137,769
99$198,464,557$47,889,492$30,869,235$154,619,925
100$218,573,668$50,101,803$31,769,081$169,447,253