Can I retire at age 72 with 13,800,000?

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,062,232
2 years$564,154$553,647$543,464$533,591$524,015$485,925
3 years$372,367$361,815$351,657$341,877$332,457$295,673
4 years$276,492$265,972$255,917$246,303$237,111$201,914
5 years$218,982$208,525$198,602$189,185$180,248$146,731
6 years$180,655$170,277$160,500$151,292$142,624$110,813
7 years$153,289$142,998$133,376$124,386$115,992$85,880
8 years$132,774$122,576$113,113$104,344$96,226$67,790
9 years$116,826$106,724$97,425$88,878$81,036$54,240
10 years$104,075$94,072$84,937$76,614$69,047$43,846
11 years$93,649$83,747$74,777$66,677$59,383$35,726
12 years$84,967$75,167$66,363$58,485$51,460$29,293
13 years$77,627$67,929$59,291$51,633$44,874$24,137
14 years$71,341$61,745$53,273$45,834$39,336$19,969
15 years$65,897$56,405$48,098$40,876$34,635$16,575
16 years$61,139$51,751$43,608$36,600$30,610$13,794
17 years$56,945$47,661$39,682$32,885$27,141$11,505
18 years$53,221$44,041$36,224$29,636$24,133$9,613
19 years$49,893$40,816$33,162$26,779$21,510$8,044
20 years$46,902$37,929$30,434$24,253$19,213$6,739
21 years$44,199$35,329$27,994$22,011$17,194$5,652
22 years$41,745$32,978$25,800$20,013$15,412$4,744
23 years$39,507$30,844$23,822$18,226$13,834$3,985
24 years$37,460$28,899$22,031$16,624$12,435$3,350
25 years$35,579$27,120$20,405$15,182$11,189$2,817
26 years$33,845$25,489$18,925$13,881$10,079$2,370
27 years$32,243$23,988$17,574$12,706$9,087$1,994
28 years$30,757$22,603$16,337$11,641$8,199$1,679
29 years$29,377$21,324$15,203$10,675$7,404$1,414
30 years$28,091$20,138$14,161$9,797$6,690$1,191
31 years$26,890$19,037$13,202$8,998$6,048$1,003
32 years$25,767$18,013$12,318$8,269$5,471$845
33 years$24,714$17,059$11,501$7,604$4,951$712
34 years$23,725$16,168$10,746$6,997$4,483$600
35 years$22,794$15,335$10,047$6,441$4,060$506
36 years$21,918$14,555$9,398$5,932$3,679$426
37 years$21,090$13,824$8,797$5,465$3,334$359
38 years$20,308$13,138$8,238$5,038$3,023$303
39 years$19,568$12,493$7,718$4,645$2,741$255
40 years$18,867$11,886$7,234$4,284$2,486$215
41 years$18,201$11,314$6,783$3,953$2,256$181
42 years$17,569$10,775$6,363$3,648$2,047$153
43 years$16,968$10,266$5,971$3,367$1,858$129
44 years$16,396$9,786$5,604$3,109$1,686$109
45 years$15,851$9,332$5,262$2,872$1,531$92
46 years$15,331$8,902$4,943$2,652$1,390$77
47 years$14,835$8,496$4,643$2,451$1,262$65
48 years$14,361$8,110$4,364$2,264$1,146$55
49 years$13,908$7,745$4,101$2,093$1,041$46
50 years$13,474$7,398$3,856$1,934$945$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $13,800,000, adding $3,129 every year, while hoping to spend $25,827 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: 71/16/13 Blend
71$13,800,000$13,800,000$13,800,000$13,800,000
72$15,210,828$14,479,428$14,265,528$16,247,855
73$16,734,852$15,161,440$14,715,943$17,617,865
74$18,413,462$15,876,005$15,180,582$19,113,675
75$20,262,397$16,624,691$15,659,893$20,750,452
76$22,299,002$17,409,142$16,154,340$22,542,104
77$24,542,391$18,231,080$16,664,401$24,503,940
78$27,013,626$19,092,314$17,190,570$26,652,809
79$29,735,915$19,994,738$17,733,354$29,007,257
80$32,734,836$20,940,337$18,293,278$31,587,699
81$36,038,571$21,931,195$18,870,885$34,416,609
82$39,678,178$22,969,496$19,466,732$37,518,727
83$43,687,880$24,057,530$20,081,396$40,921,294
84$48,105,392$25,197,697$20,715,471$44,654,300
85$52,972,272$26,392,514$21,369,569$48,750,767
86$58,334,319$27,644,622$22,044,324$53,247,056
87$64,241,998$28,956,787$22,740,388$58,183,206
88$70,750,924$30,331,912$23,458,434$63,603,307
89$77,922,383$31,773,040$24,199,155$69,555,915
90$85,823,909$33,283,362$24,963,270$76,094,502
91$94,529,923$34,866,223$25,751,515$83,277,958
92$104,122,439$36,525,131$26,564,654$91,171,142
93$114,691,830$38,263,765$27,403,473$99,845,489
94$126,337,690$40,085,983$28,268,782$109,379,679
95$139,169,768$41,995,829$29,161,420$119,860,372
96$153,309,004$43,997,545$30,082,248$131,383,025
97$168,888,677$46,095,578$31,032,157$144,052,780
98$186,055,653$48,294,594$32,012,066$157,985,459
99$204,971,782$50,599,481$33,022,922$173,308,641
100$225,815,417$53,015,369$34,065,704$190,162,868