Can I retire at age 72 with 15,400,000?

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,202,240
2 years$629,563$617,838$606,475$595,457$584,770$558,922
3 years$415,540$403,764$392,429$381,515$371,002$345,889
4 years$308,549$296,809$285,588$274,860$264,602$240,417
5 years$244,371$232,702$221,628$211,119$201,146$177,958
6 years$201,600$190,019$179,108$168,834$159,160$136,994
7 years$171,061$159,577$148,840$138,807$129,440$108,300
8 years$148,168$136,787$126,228$116,442$107,383$87,263
9 years$130,371$119,098$108,720$99,183$90,432$71,317
10 years$116,142$104,979$94,785$85,497$77,052$58,924
11 years$104,507$93,457$83,447$74,408$66,268$49,103
12 years$94,819$83,882$74,057$65,265$57,426$41,199
13 years$86,627$75,805$66,165$57,620$50,077$34,759
14 years$79,612$68,904$59,450$51,148$43,897$29,459
15 years$73,538$62,945$53,675$45,615$38,650$25,061
16 years$68,228$57,751$48,664$40,844$34,159$21,386
17 years$63,548$53,187$44,283$36,698$30,288$18,298
18 years$59,392$49,147$40,424$33,072$26,931$15,690
19 years$55,678$45,549$37,006$29,883$24,004$13,478
20 years$52,340$42,326$33,963$27,065$21,441$11,597
21 years$49,323$39,425$31,239$24,563$19,187$9,992
22 years$46,585$36,802$28,792$22,334$17,198$8,619
23 years$44,088$34,420$26,584$20,340$15,438$7,442
24 years$41,803$32,249$24,586$18,551$13,876$6,431
25 years$39,704$30,264$22,771$16,942$12,487$5,561
26 years$37,769$28,444$21,119$15,491$11,247$4,813
27 years$35,981$26,769$19,611$14,179$10,141$4,167
28 years$34,323$25,224$18,231$12,991$9,150$3,609
29 years$32,783$23,796$16,966$11,913$8,262$3,128
30 years$31,348$22,473$15,803$10,933$7,465$2,711
31 years$30,008$21,244$14,732$10,041$6,749$2,351
32 years$28,754$20,101$13,746$9,228$6,105$2,039
33 years$27,579$19,036$12,834$8,486$5,525$1,769
34 years$26,475$18,042$11,992$7,808$5,003$1,535
35 years$25,437$17,113$11,211$7,188$4,531$1,332
36 years$24,459$16,242$10,488$6,620$4,105$1,156
37 years$23,535$15,427$9,817$6,099$3,721$1,004
38 years$22,663$14,661$9,193$5,622$3,373$871
39 years$21,837$13,941$8,613$5,183$3,059$757
40 years$21,054$13,264$8,073$4,781$2,775$657
41 years$20,312$12,626$7,570$4,411$2,517$570
42 years$19,606$12,024$7,101$4,071$2,284$495
43 years$18,936$11,457$6,663$3,758$2,073$430
44 years$18,297$10,921$6,254$3,470$1,882$374
45 years$17,689$10,414$5,873$3,204$1,708$325
46 years$17,109$9,934$5,516$2,960$1,551$282
47 years$16,555$9,481$5,182$2,735$1,408$245
48 years$16,026$9,050$4,869$2,527$1,279$213
49 years$15,520$8,643$4,577$2,335$1,162$185
50 years$15,036$8,256$4,303$2,159$1,055$161

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $15,400,000, adding $4,407 every year, while hoping to spend $40,369 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: 53/22/25 Blend
71$15,400,000$15,400,000$15,400,000$15,400,000
72$16,975,346$16,159,146$15,920,446$17,756,941
73$18,663,879$16,907,992$16,410,828$19,046,144
74$20,523,289$17,692,178$16,916,286$20,443,822
75$22,570,964$18,513,394$17,437,281$21,964,021
76$24,826,062$19,373,410$17,974,289$23,618,463
77$27,309,694$20,274,081$18,527,802$25,420,034
78$30,045,126$21,217,354$19,098,326$27,382,900
79$33,057,992$22,205,267$19,686,383$29,522,640
80$36,376,540$23,239,959$20,292,510$31,856,384
81$40,031,899$24,323,669$20,917,262$34,402,975
82$44,058,371$25,458,747$21,561,208$37,183,136
83$48,493,755$26,647,655$22,224,938$40,219,665
84$53,379,702$27,892,974$22,909,058$43,537,641
85$58,762,113$29,197,412$23,614,193$47,164,658
86$64,691,567$30,563,803$24,340,987$51,131,080
87$71,223,801$31,995,123$25,090,103$55,470,318
88$78,420,233$33,494,489$25,862,227$60,219,140
89$86,348,548$35,065,170$26,658,062$65,418,015
90$95,083,328$36,710,591$27,478,335$71,111,481
91$104,706,763$38,434,346$28,323,795$77,348,567
92$115,309,424$40,240,200$29,195,214$84,183,238
93$126,991,118$42,132,102$30,093,386$91,674,905
94$139,861,828$44,114,192$31,019,130$99,888,972
95$154,042,756$46,190,808$31,973,293$108,897,448
96$169,667,462$48,366,503$32,956,743$118,779,615
97$186,883,126$50,646,045$33,970,377$129,622,769
98$205,851,940$53,034,436$35,015,120$141,523,032
99$226,752,636$55,536,921$36,091,924$154,586,249
100$249,782,172$58,158,997$37,201,770$168,928,981