Can I retire at age 72 with 14,600,000?

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 $14,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$1,205,654$1,194,915$1,184,437$1,174,210$1,164,225$1,148,724
2 years$596,859$585,743$574,970$564,524$554,393$538,801
3 years$393,953$382,789$372,043$361,696$351,729$336,531
4 years$292,520$281,391$270,752$260,582$250,856$236,169
5 years$231,677$220,614$210,115$200,152$190,697$176,563
6 years$191,127$180,148$169,804$160,063$150,892$137,328
7 years$162,175$151,288$141,108$131,597$122,716$109,726
8 years$140,471$129,682$119,671$110,393$101,804$89,389
9 years$123,598$112,911$103,072$94,030$85,734$73,886
10 years$110,108$99,526$89,861$81,055$73,050$61,761
11 years$99,078$88,602$79,112$70,542$62,825$52,085
12 years$89,893$79,524$70,210$61,875$54,443$44,240
13 years$82,127$71,867$62,728$54,626$47,475$37,795
14 years$75,476$65,325$56,361$48,491$41,617$32,445
15 years$69,718$59,675$50,887$43,246$36,643$27,964
16 years$64,684$54,751$46,136$38,722$32,385$24,183
17 years$60,246$50,424$41,982$34,791$28,715$20,973
18 years$56,307$46,594$38,324$31,354$25,532$18,233
19 years$52,786$43,183$35,084$28,331$22,757$15,885
20 years$49,621$40,127$32,198$25,659$20,327$13,863
21 years$46,761$37,377$29,616$23,287$18,190$12,117
22 years$44,165$34,890$27,296$21,173$16,305$10,605
23 years$41,798$32,632$25,203$19,283$14,636$9,293
24 years$39,631$30,574$23,309$17,587$13,155$8,151
25 years$37,641$28,692$21,588$16,062$11,838$7,156
26 years$35,807$26,966$20,022$14,686$10,663$6,287
27 years$34,112$25,378$18,592$13,442$9,614$5,527
28 years$32,540$23,914$17,284$12,316$8,675$4,862
29 years$31,080$22,560$16,084$11,294$7,833$4,279
30 years$29,719$21,305$14,982$10,365$7,078$3,768
31 years$28,449$20,141$13,967$9,520$6,399$3,319
32 years$27,261$19,057$13,032$8,749$5,788$2,924
33 years$26,146$18,047$12,168$8,045$5,238$2,577
34 years$25,100$17,105$11,369$7,402$4,743$2,272
35 years$24,116$16,224$10,629$6,814$4,296$2,004
36 years$23,188$15,399$9,943$6,276$3,892$1,767
37 years$22,313$14,625$9,307$5,782$3,528$1,559
38 years$21,485$13,899$8,715$5,330$3,198$1,376
39 years$20,702$13,217$8,165$4,914$2,900$1,214
40 years$19,961$12,575$7,653$4,533$2,630$1,071
41 years$19,257$11,970$7,176$4,182$2,386$946
42 years$18,588$11,400$6,732$3,859$2,165$835
43 years$17,952$10,862$6,317$3,563$1,965$737
44 years$17,347$10,353$5,929$3,290$1,784$651
45 years$16,770$9,873$5,567$3,038$1,619$575
46 years$16,220$9,418$5,229$2,806$1,470$507
47 years$15,695$8,988$4,913$2,593$1,335$448
48 years$15,193$8,580$4,617$2,396$1,213$396
49 years$14,714$8,194$4,339$2,214$1,101$349
50 years$14,255$7,827$4,080$2,046$1,000$309

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $14,600,000, adding $3,224 every year, while hoping to spend $21,834 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: 68/11/21 Blend
71$14,600,000$14,600,000$14,600,000$14,600,000
72$16,092,526$15,318,726$15,092,426$17,102,035
73$17,710,732$16,046,112$15,574,791$18,505,450
74$19,493,264$16,808,408$16,072,583$20,037,267
75$21,456,859$17,607,303$16,586,297$21,712,447
76$23,619,962$18,444,564$17,116,441$23,545,125
77$26,002,898$19,322,048$17,663,543$25,550,861
78$28,628,066$20,241,700$18,228,143$27,746,781
79$31,520,146$21,205,561$18,810,803$30,151,738
80$34,706,337$22,215,770$19,412,101$32,786,485
81$38,216,610$23,274,569$20,032,634$35,673,869
82$42,083,993$24,384,312$20,673,016$38,839,047
83$46,344,882$25,547,465$21,333,883$42,309,713
84$51,039,384$26,766,614$22,015,892$46,116,364
85$56,211,696$28,044,473$22,719,719$50,292,579
86$61,910,521$29,383,885$23,446,062$54,875,334
87$68,189,532$30,787,832$24,195,643$59,905,350
88$75,107,872$32,259,444$24,969,204$65,427,469
89$82,730,717$33,801,999$25,767,515$71,491,076
90$91,129,891$35,418,938$26,591,368$78,150,563
91$100,384,541$37,113,866$27,441,579$85,465,832
92$110,581,886$38,890,568$28,318,994$93,502,862
93$121,818,041$40,753,008$29,224,483$102,334,325
94$134,198,923$42,705,348$30,158,945$112,040,266
95$147,841,251$44,751,948$31,123,308$122,708,854
96$162,873,650$46,897,384$32,118,530$134,437,210
97$179,437,859$49,146,453$33,145,598$147,332,318
98$197,690,078$51,504,186$34,205,532$161,512,028
99$217,802,433$53,975,859$35,299,385$177,106,163
100$239,964,610$56,567,005$36,428,243$194,257,740