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

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 $13,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$1,139,591$1,129,440$1,119,537$1,109,870$1,100,431$1,058,443
2 years$564,154$553,647$543,464$533,591$524,015$482,206
3 years$372,367$361,815$351,657$341,877$332,457$292,143
4 years$276,492$265,972$255,917$246,303$237,111$198,600
5 years$218,982$208,525$198,602$189,185$180,248$143,639
6 years$180,655$170,277$160,500$151,292$142,624$107,942
7 years$153,289$142,998$133,376$124,386$115,992$83,225
8 years$132,774$122,576$113,113$104,344$96,226$65,345
9 years$116,826$106,724$97,425$88,878$81,036$51,996
10 years$104,075$94,072$84,937$76,614$69,047$41,793
11 years$93,649$83,747$74,777$66,677$59,383$33,855
12 years$84,967$75,167$66,363$58,485$51,460$27,592
13 years$77,627$67,929$59,291$51,633$44,874$22,596
14 years$71,341$61,745$53,273$45,834$39,336$18,577
15 years$65,897$56,405$48,098$40,876$34,635$15,321
16 years$61,139$51,751$43,608$36,600$30,610$12,667
17 years$56,945$47,661$39,682$32,885$27,141$10,495
18 years$53,221$44,041$36,224$29,636$24,133$8,710
19 years$49,893$40,816$33,162$26,779$21,510$7,239
20 years$46,902$37,929$30,434$24,253$19,213$6,023
21 years$44,199$35,329$27,994$22,011$17,194$5,017
22 years$41,745$32,978$25,800$20,013$15,412$4,181
23 years$39,507$30,844$23,822$18,226$13,834$3,488
24 years$37,460$28,899$22,031$16,624$12,435$2,910
25 years$35,579$27,120$20,405$15,182$11,189$2,430
26 years$33,845$25,489$18,925$13,881$10,079$2,029
27 years$32,243$23,988$17,574$12,706$9,087$1,696
28 years$30,757$22,603$16,337$11,641$8,199$1,417
29 years$29,377$21,324$15,203$10,675$7,404$1,184
30 years$28,091$20,138$14,161$9,797$6,690$990
31 years$26,890$19,037$13,202$8,998$6,048$828
32 years$25,767$18,013$12,318$8,269$5,471$692
33 years$24,714$17,059$11,501$7,604$4,951$579
34 years$23,725$16,168$10,746$6,997$4,483$484
35 years$22,794$15,335$10,047$6,441$4,060$405
36 years$21,918$14,555$9,398$5,932$3,679$339
37 years$21,090$13,824$8,797$5,465$3,334$284
38 years$20,308$13,138$8,238$5,038$3,023$237
39 years$19,568$12,493$7,718$4,645$2,741$199
40 years$18,867$11,886$7,234$4,284$2,486$166
41 years$18,201$11,314$6,783$3,953$2,256$139
42 years$17,569$10,775$6,363$3,648$2,047$116
43 years$16,968$10,266$5,971$3,367$1,858$97
44 years$16,396$9,786$5,604$3,109$1,686$81
45 years$15,851$9,332$5,262$2,872$1,531$68
46 years$15,331$8,902$4,943$2,652$1,390$57
47 years$14,835$8,496$4,643$2,451$1,262$48
48 years$14,361$8,110$4,364$2,264$1,146$40
49 years$13,908$7,745$4,101$2,093$1,041$33
50 years$13,474$7,398$3,856$1,934$945$28

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 $6,136 every year, while hoping to spend $40,896 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: 55/25/20 Blend
71$13,800,000$13,800,000$13,800,000$13,800,000
72$15,213,929$14,482,529$14,268,629$15,968,057
73$16,722,237$15,148,660$14,703,115$17,150,484
74$18,383,022$15,846,061$15,150,786$18,432,615
75$20,211,792$16,576,220$15,612,040$19,827,964
76$22,225,639$17,340,699$16,087,287$21,347,385
77$24,443,394$18,141,133$16,576,951$23,002,806
78$26,885,808$18,979,237$17,081,467$24,807,346
79$29,575,748$19,856,807$17,601,284$26,775,428
80$32,538,411$20,775,727$18,136,863$28,922,913
81$35,801,563$21,737,971$18,688,682$31,267,246
82$39,395,799$22,745,609$19,257,230$33,827,616
83$43,354,835$23,800,808$19,843,012$36,625,131
84$47,715,824$24,905,844$20,446,548$39,683,014
85$52,519,706$26,063,098$21,068,376$43,026,813
86$57,811,596$27,275,069$21,709,046$46,684,642
87$63,641,207$28,544,376$22,369,126$50,687,438
88$70,063,322$29,873,762$23,049,204$55,069,244
89$77,138,310$31,266,106$23,749,882$59,867,530
90$84,932,696$32,724,423$24,471,781$65,123,537
91$93,519,787$34,251,876$25,215,542$70,882,657
92$102,980,365$35,851,778$25,981,823$77,194,858
93$113,403,452$37,527,605$26,771,304$84,115,148
94$124,887,145$39,282,999$27,584,683$91,704,083
95$137,539,546$41,121,778$28,422,682$100,028,335
96$151,479,780$43,047,945$29,286,043$109,161,308
97$166,839,121$45,065,698$30,175,528$119,183,826
98$183,762,229$47,179,434$31,091,926$130,184,886
99$202,408,518$49,393,768$32,036,047$142,262,484
100$222,953,658$51,713,535$33,008,726$155,524,535