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%19%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,183,505
2 years$629,563$617,838$606,475$595,457$584,770$540,413
3 years$415,540$403,764$392,429$381,515$371,002$328,195
4 years$308,549$296,809$285,588$274,860$264,602$223,672
5 years$244,371$232,702$221,628$211,119$201,146$162,200
6 years$201,600$190,019$179,108$168,834$159,160$122,226
7 years$171,061$159,577$148,840$138,807$129,440$94,509
8 years$148,168$136,787$126,228$116,442$107,383$74,425
9 years$130,371$119,098$108,720$99,183$90,432$59,403
10 years$116,142$104,979$94,785$85,497$77,052$47,898
11 years$104,507$93,457$83,447$74,408$66,268$38,927
12 years$94,819$83,882$74,057$65,265$57,426$31,832
13 years$86,627$75,805$66,165$57,620$50,077$26,158
14 years$79,612$68,904$59,450$51,148$43,897$21,581
15 years$73,538$62,945$53,675$45,615$38,650$17,861
16 years$68,228$57,751$48,664$40,844$34,159$14,822
17 years$63,548$53,187$44,283$36,698$30,288$12,325
18 years$59,392$49,147$40,424$33,072$26,931$10,268
19 years$55,678$45,549$37,006$29,883$24,004$8,566
20 years$52,340$42,326$33,963$27,065$21,441$7,155
21 years$49,323$39,425$31,239$24,563$19,187$5,982
22 years$46,585$36,802$28,792$22,334$17,198$5,006
23 years$44,088$34,420$26,584$20,340$15,438$4,191
24 years$41,803$32,249$24,586$18,551$13,876$3,512
25 years$39,704$30,264$22,771$16,942$12,487$2,944
26 years$37,769$28,444$21,119$15,491$11,247$2,469
27 years$35,981$26,769$19,611$14,179$10,141$2,071
28 years$34,323$25,224$18,231$12,991$9,150$1,738
29 years$32,783$23,796$16,966$11,913$8,262$1,458
30 years$31,348$22,473$15,803$10,933$7,465$1,224
31 years$30,008$21,244$14,732$10,041$6,749$1,028
32 years$28,754$20,101$13,746$9,228$6,105$863
33 years$27,579$19,036$12,834$8,486$5,525$725
34 years$26,475$18,042$11,992$7,808$5,003$609
35 years$25,437$17,113$11,211$7,188$4,531$511
36 years$24,459$16,242$10,488$6,620$4,105$430
37 years$23,535$15,427$9,817$6,099$3,721$361
38 years$22,663$14,661$9,193$5,622$3,373$303
39 years$21,837$13,941$8,613$5,183$3,059$255
40 years$21,054$13,264$8,073$4,781$2,775$214
41 years$20,312$12,626$7,570$4,411$2,517$180
42 years$19,606$12,024$7,101$4,071$2,284$151
43 years$18,936$11,457$6,663$3,758$2,073$127
44 years$18,297$10,921$6,254$3,470$1,882$107
45 years$17,689$10,414$5,873$3,204$1,708$90
46 years$17,109$9,934$5,516$2,960$1,551$75
47 years$16,555$9,481$5,182$2,735$1,408$63
48 years$16,026$9,050$4,869$2,527$1,279$53
49 years$15,520$8,643$4,577$2,335$1,162$45
50 years$15,036$8,256$4,303$2,159$1,055$38

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 $3,011 every year, while hoping to spend $58,100 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: 77/17/6 Blend
71$15,400,000$15,400,000$15,400,000$15,400,000
72$16,973,906$16,157,706$15,919,006$18,271,303
73$18,643,426$16,887,615$16,390,475$19,853,129
74$20,481,291$17,651,343$16,875,790$21,579,094
75$22,504,608$18,450,485$17,375,355$23,469,627
76$24,732,233$19,286,714$17,889,584$25,541,052
77$27,184,938$20,161,780$18,418,902$27,811,333
78$29,885,614$21,077,520$18,963,748$30,300,251
79$32,859,485$22,035,857$19,524,573$33,029,579
80$36,134,346$23,038,807$20,101,839$36,023,290
81$39,740,823$24,088,483$20,696,025$39,307,779
82$43,712,666$25,187,096$21,307,620$42,912,109
83$48,087,062$26,336,968$21,937,129$46,868,280
84$52,904,990$27,540,528$22,585,071$51,211,532
85$58,211,609$28,800,324$23,251,981$55,980,668
86$64,056,678$30,119,024$23,938,407$61,218,422
87$70,495,029$31,499,427$24,644,914$66,971,858
88$77,587,086$32,944,463$25,372,083$73,292,804
89$85,399,433$34,457,205$26,120,511$80,238,345
90$94,005,440$36,040,873$26,890,813$87,871,353
91$103,485,961$37,698,842$27,683,621$96,261,075
92$113,930,092$39,434,648$28,499,585$105,483,784
93$125,436,013$41,251,998$29,339,374$115,623,495
94$138,111,919$43,154,778$30,203,675$126,772,747
95$152,077,031$45,147,059$31,093,195$139,033,478
96$167,462,733$47,233,109$32,008,661$152,517,977
97$184,413,802$49,417,402$32,950,822$167,349,939
98$203,089,781$51,704,625$33,920,445$183,665,625
99$223,666,481$54,099,695$34,918,323$201,615,146
100$246,337,644$56,607,762$35,945,269$221,363,867