Can I retire at age 72 with 15,700,000?

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 $15,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,296,491$1,284,943$1,273,676$1,262,678$1,251,940$1,238,866
2 years$641,827$629,874$618,289$607,057$596,162$582,996
3 years$423,635$411,630$400,074$388,947$378,230$365,380
4 years$314,560$302,591$291,151$280,215$269,757$257,322
5 years$249,132$237,235$225,945$215,232$205,065$193,082
6 years$205,527$193,720$182,598$172,122$162,261$150,745
7 years$174,394$162,686$151,739$141,511$131,961$120,917
8 years$151,054$139,452$128,687$118,710$109,475$98,901
9 years$132,910$121,418$110,838$101,115$92,194$82,087
10 years$118,404$107,024$96,631$87,162$78,553$68,908
11 years$106,543$95,277$85,073$75,857$67,559$58,366
12 years$96,666$85,516$75,500$66,537$58,545$49,795
13 years$88,315$77,281$67,454$58,742$51,052$42,736
14 years$81,163$70,247$60,608$52,145$44,752$36,857
15 years$74,970$64,171$54,721$46,504$39,403$31,918
16 years$69,557$58,876$49,612$41,639$34,825$27,736
17 years$64,785$54,223$45,145$37,412$30,878$24,173
18 years$60,549$50,104$41,212$33,716$27,455$21,121
19 years$56,763$46,436$37,727$30,465$24,472$18,494
20 years$53,359$43,151$34,624$27,592$21,858$16,224
21 years$50,284$40,193$31,848$25,042$19,561$14,255
22 years$47,492$37,519$29,353$22,769$17,533$12,543
23 years$44,947$35,091$27,102$20,736$15,739$11,050
24 years$42,617$32,878$25,065$18,912$14,147$9,745
25 years$40,477$30,854$23,215$17,272$12,730$8,602
26 years$38,505$28,998$21,531$15,792$11,467$7,599
27 years$36,682$27,290$19,993$14,455$10,338$6,718
28 years$34,992$25,716$18,586$13,244$9,328$5,943
29 years$33,421$24,260$17,296$12,145$8,423$5,260
30 years$31,958$22,911$16,111$11,146$7,611$4,658
31 years$30,592$21,658$15,019$10,237$6,881$4,127
32 years$29,314$20,493$14,013$9,408$6,224$3,658
33 years$28,116$19,407$13,084$8,651$5,633$3,243
34 years$26,991$18,394$12,225$7,960$5,100$2,876
35 years$25,933$17,446$11,430$7,328$4,619$2,551
36 years$24,935$16,559$10,692$6,749$4,185$2,263
37 years$23,994$15,727$10,008$6,218$3,793$2,009
38 years$23,104$14,946$9,372$5,731$3,439$1,783
39 years$22,262$14,213$8,780$5,284$3,119$1,583
40 years$21,464$13,522$8,230$4,874$2,829$1,405
41 years$20,707$12,872$7,717$4,497$2,566$1,248
42 years$19,988$12,259$7,239$4,150$2,329$1,108
43 years$19,305$11,680$6,793$3,831$2,113$984
44 years$18,654$11,133$6,376$3,537$1,918$874
45 years$18,034$10,617$5,987$3,267$1,741$777
46 years$17,442$10,128$5,623$3,018$1,581$690
47 years$16,878$9,665$5,283$2,788$1,436$613
48 years$16,338$9,227$4,964$2,576$1,304$545
49 years$15,822$8,811$4,666$2,381$1,184$484
50 years$15,329$8,417$4,387$2,201$1,076$430

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $15,700,000, adding $5,119 every year, while hoping to spend $53,256 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: 72/8/20 Blend
71$15,700,000$15,700,000$15,700,000$15,700,000
72$17,306,680$16,474,580$16,231,230$18,468,911
73$19,015,298$17,225,171$16,718,312$19,993,472
74$20,896,409$18,010,755$17,219,927$21,655,782
75$22,967,553$18,832,992$17,736,505$23,475,043
76$25,248,054$19,693,620$18,268,488$25,466,829
77$27,759,207$20,594,459$18,816,335$27,648,281
78$30,524,478$21,537,419$19,380,513$30,038,276
79$33,569,721$22,524,499$19,961,507$32,657,597
80$36,923,430$23,557,796$20,559,815$35,529,128
81$40,616,999$24,639,508$21,175,948$38,678,072
82$44,685,025$25,771,935$21,810,433$42,132,180
83$49,165,629$26,957,492$22,463,815$45,922,015
84$54,100,822$28,198,707$23,136,651$50,081,237
85$59,536,893$29,498,231$23,829,516$54,646,916
86$65,524,854$30,858,843$24,543,003$59,659,881
87$72,120,915$32,283,452$25,277,720$65,165,104
88$79,387,020$33,775,113$26,034,295$71,212,118
89$87,391,425$35,337,022$26,813,373$77,855,483
90$96,209,347$36,972,533$27,615,618$85,155,298
91$105,923,674$38,685,161$28,441,714$93,177,765
92$116,625,742$40,478,587$29,292,365$101,995,810
93$128,416,204$42,356,674$30,168,296$111,689,769
94$141,405,974$44,323,468$31,070,251$122,348,138
95$155,717,277$46,383,212$31,998,998$134,068,412
96$171,484,802$48,540,352$32,955,326$146,957,994
97$188,856,971$50,799,549$33,940,050$161,135,208
98$207,997,345$53,165,689$34,954,004$176,730,413
99$229,086,161$55,643,895$35,998,050$193,887,224
100$252,322,038$58,239,534$37,073,073$212,763,868