Can I retire at age 72 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,114,468
2 years$576,418$565,683$555,279$545,191$535,407$525,445
3 years$380,462$369,680$359,302$349,309$339,684$329,954
4 years$282,503$271,754$261,480$251,658$242,265$232,844
5 years$223,742$213,058$202,919$193,297$184,166$175,080
6 years$184,582$173,978$163,989$154,581$145,725$136,985
7 years$156,621$146,107$136,275$127,090$118,513$110,124
8 years$135,660$125,240$115,572$106,613$98,318$90,279
9 years$119,365$109,044$99,543$90,810$82,798$75,107
10 years$106,337$96,117$86,783$78,279$70,548$63,201
11 years$95,685$85,567$76,403$68,126$60,674$53,664
12 years$86,815$76,801$67,805$59,756$52,579$45,900
13 years$79,315$69,405$60,580$52,756$45,849$39,495
14 years$72,892$63,088$54,431$46,831$40,191$34,152
15 years$67,330$57,632$49,144$41,765$35,388$29,655
16 years$62,468$52,876$44,556$37,396$31,276$25,841
17 years$58,183$48,697$40,544$33,600$27,731$22,584
18 years$54,378$44,998$37,012$30,280$24,657$19,789
19 years$50,978$41,704$33,883$27,361$21,978$17,378
20 years$47,921$38,753$31,096$24,780$19,631$15,289
21 years$45,160$36,097$28,602$22,490$17,567$13,474
22 years$42,652$33,695$26,361$20,448$15,747$11,891
23 years$40,366$31,514$24,340$18,623$14,135$10,508
24 years$38,274$29,527$22,510$16,985$12,705$9,295
25 years$36,352$27,710$20,849$15,512$11,433$8,231
26 years$34,581$26,043$19,336$14,183$10,298$7,294
27 years$32,943$24,509$17,956$12,982$9,285$6,469
28 years$31,426$23,095$16,692$11,894$8,378$5,741
29 years$30,015$21,787$15,533$10,907$7,565$5,098
30 years$28,702$20,576$14,469$10,010$6,835$4,529
31 years$27,475$19,451$13,489$9,194$6,180$4,026
32 years$26,327$18,405$12,585$8,449$5,590$3,580
33 years$25,251$17,429$11,751$7,770$5,059$3,184
34 years$24,241$16,519$10,979$7,149$4,580$2,833
35 years$23,290$15,668$10,265$6,581$4,149$2,522
36 years$22,394$14,871$9,603$6,061$3,759$2,245
37 years$21,549$14,124$8,988$5,584$3,407$1,999
38 years$20,750$13,423$8,417$5,147$3,089$1,780
39 years$19,993$12,764$7,886$4,746$2,801$1,586
40 years$19,277$12,144$7,391$4,377$2,540$1,413
41 years$18,597$11,560$6,931$4,039$2,305$1,259
42 years$17,951$11,009$6,501$3,727$2,091$1,122
43 years$17,337$10,490$6,100$3,441$1,898$1,000
44 years$16,753$9,999$5,726$3,177$1,723$891
45 years$16,196$9,535$5,377$2,934$1,564$795
46 years$15,665$9,096$5,050$2,710$1,420$708
47 years$15,158$8,680$4,744$2,504$1,289$632
48 years$14,673$8,286$4,458$2,314$1,171$563
49 years$14,210$7,913$4,191$2,138$1,064$502
50 years$13,767$7,559$3,940$1,976$966$448

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $14,100,000, adding $2,316 every year, while hoping to spend $54,422 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: 55/26/19 Blend
71$14,100,000$14,100,000$14,100,000$14,100,000
72$15,540,589$14,793,289$14,574,739$16,315,662
73$17,067,824$15,460,256$15,005,088$17,512,267
74$18,749,014$16,158,079$15,448,030$18,808,676
75$20,599,803$16,888,215$15,903,929$20,219,241
76$22,637,433$17,652,187$16,373,160$21,754,900
77$24,880,898$18,451,592$16,856,108$23,427,679
78$27,351,132$19,288,102$17,353,170$25,250,799
79$30,071,200$20,163,472$17,864,754$27,238,797
80$33,066,518$21,079,537$18,391,279$29,407,664
81$36,365,092$22,038,224$18,933,176$31,774,982
82$39,997,783$23,041,549$19,490,889$34,360,094
83$43,998,597$24,091,625$20,064,874$37,184,277
84$48,405,007$25,190,667$20,655,600$40,270,940
85$53,258,306$26,340,998$21,263,550$43,645,838
86$58,603,994$27,545,048$21,889,221$47,337,311
87$64,492,213$28,805,366$22,533,121$51,376,545
88$70,978,214$30,124,625$23,195,776$55,797,859
89$78,122,883$31,505,623$23,877,726$60,639,025
90$85,993,313$32,951,294$24,579,525$65,941,619
91$94,663,436$34,464,712$25,301,744$71,751,401
92$104,214,723$36,049,100$26,044,970$78,118,746
93$114,736,954$37,707,835$26,809,805$85,099,108
94$126,329,061$39,444,457$27,596,871$92,753,537
95$139,100,065$41,262,675$28,406,806$101,149,249
96$153,170,102$43,166,376$29,240,264$110,360,248
97$168,671,561$45,159,637$30,097,921$120,468,017
98$185,750,328$47,246,728$30,980,470$131,562,282
99$204,567,170$49,432,125$31,888,624$143,741,843
100$225,299,244$51,720,522$32,823,116$157,115,499