Can I retire at age 72 with 14,200,000?

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 $14,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$1,172,623$1,162,178$1,151,987$1,142,040$1,132,328$1,102,272
2 years$580,506$569,695$559,217$549,058$539,204$509,132
3 years$383,160$372,302$361,850$351,787$342,093$312,948
4 years$284,506$273,681$263,334$253,443$243,984$215,988
5 years$225,329$214,569$204,358$194,668$185,472$158,704
6 years$185,891$175,212$165,152$155,678$146,758$121,243
7 years$157,732$147,143$137,242$127,991$119,354$95,093
8 years$136,622$126,129$116,392$107,369$99,015$75,997
9 years$120,212$109,818$100,248$91,454$83,385$61,589
10 years$107,092$96,799$87,399$78,834$71,048$50,446
11 years$96,364$86,174$76,945$68,610$61,104$41,665
12 years$87,430$77,345$68,286$60,180$52,951$34,640
13 years$79,877$69,898$61,009$53,130$46,175$28,953
14 years$73,408$63,535$54,817$47,163$40,476$24,304
15 years$67,807$58,040$49,493$42,061$35,639$20,474
16 years$62,911$53,251$44,872$37,661$31,498$17,299
17 years$58,596$49,042$40,832$33,838$27,928$14,651
18 years$54,764$45,317$37,274$30,495$24,832$12,434
19 years$51,339$41,999$34,123$27,555$22,133$10,571
20 years$48,261$39,028$31,316$24,956$19,770$9,000
21 years$45,480$36,353$28,805$22,649$17,692$7,671
22 years$42,955$33,934$26,548$20,593$15,858$6,546
23 years$40,653$31,738$24,513$18,755$14,235$5,590
24 years$38,545$29,736$22,670$17,105$12,795$4,778
25 years$36,610$27,906$20,997$15,622$11,514$4,086
26 years$34,826$26,227$19,474$14,284$10,371$3,496
27 years$33,177$24,683$18,083$13,074$9,350$2,993
28 years$31,649$23,259$16,810$11,979$8,437$2,563
29 years$30,228$21,942$15,644$10,985$7,618$2,195
30 years$28,905$20,722$14,571$10,081$6,884$1,881
31 years$27,670$19,589$13,584$9,259$6,224$1,613
32 years$26,514$18,535$12,675$8,509$5,630$1,382
33 years$25,430$17,553$11,834$7,825$5,095$1,185
34 years$24,412$16,636$11,057$7,200$4,613$1,017
35 years$23,455$15,779$10,338$6,628$4,178$872
36 years$22,553$14,977$9,671$6,104$3,785$748
37 years$21,701$14,225$9,052$5,624$3,431$642
38 years$20,897$13,518$8,476$5,184$3,110$550
39 years$20,135$12,855$7,942$4,780$2,821$472
40 years$19,414$12,230$7,444$4,408$2,558$405
41 years$18,729$11,642$6,980$4,067$2,321$348
42 years$18,079$11,087$6,547$3,754$2,106$298
43 years$17,460$10,564$6,144$3,465$1,911$256
44 years$16,872$10,070$5,767$3,199$1,735$220
45 years$16,311$9,602$5,415$2,955$1,575$189
46 years$15,776$9,160$5,086$2,729$1,430$162
47 years$15,265$8,742$4,778$2,522$1,299$139
48 years$14,777$8,345$4,490$2,330$1,179$119
49 years$14,311$7,969$4,220$2,153$1,071$102
50 years$13,864$7,612$3,968$1,990$973$88

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $14,200,000, adding $3,874 every year, while hoping to spend $42,282 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: 34/38/28 Blend
71$14,200,000$14,200,000$14,200,000$14,200,000
72$15,652,396$14,899,796$14,679,696$16,051,756
73$17,203,953$15,584,898$15,126,478$17,038,549
74$18,912,351$16,302,154$15,586,810$18,097,864
75$20,793,544$17,053,092$16,061,102$19,239,391
76$22,865,111$17,839,320$16,549,774$20,470,478
77$25,146,423$18,662,517$17,053,262$21,799,179
78$27,658,824$19,524,446$17,572,012$23,234,325
79$30,425,836$20,426,955$18,106,486$24,785,596
80$33,473,375$21,371,980$18,657,158$26,463,615
81$36,830,003$22,361,551$19,224,516$28,280,031
82$40,527,191$23,397,794$19,809,065$30,247,631
83$44,599,618$24,482,940$20,411,322$32,380,448
84$49,085,501$25,619,326$21,031,823$34,693,886
85$54,026,950$26,809,401$21,671,118$37,204,860
86$59,470,371$28,055,734$22,329,772$39,931,945
87$65,466,900$29,361,016$23,008,371$42,895,542
88$72,072,888$30,728,070$23,707,515$46,118,064
89$79,350,430$32,159,852$24,427,824$49,624,135
90$87,367,954$33,659,465$25,169,936$53,440,814
91$96,200,863$35,230,157$25,934,508$57,597,841
92$105,932,254$36,875,337$26,722,216$62,127,902
93$116,653,691$38,598,576$27,533,758$67,066,932
94$128,466,080$40,403,619$28,369,851$72,454,438
95$141,480,615$42,294,391$29,231,236$78,333,861
96$155,819,828$44,275,007$30,118,673$84,752,973
97$171,618,749$46,349,781$31,032,947$91,764,313
98$189,026,178$48,523,236$31,974,866$99,425,670
99$208,206,086$50,800,113$32,945,263$107,800,613
100$229,339,172$53,185,383$33,944,994$116,959,075