Can I retire at age 72 with 17,800,000?

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 $17,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$1,469,907$1,456,814$1,444,040$1,431,572$1,419,397$1,409,861
2 years$727,677$714,125$700,990$688,256$675,903$666,286
3 years$480,299$466,688$453,587$440,972$428,821$419,420
4 years$356,634$343,065$330,095$317,696$305,839$296,726
5 years$282,455$268,967$256,167$244,021$232,494$223,697
6 years$233,018$219,632$207,021$195,145$183,964$175,495
7 years$197,720$184,447$172,036$160,440$149,612$141,474
8 years$171,259$158,105$145,900$134,589$124,118$116,310
9 years$150,688$137,659$125,664$114,640$104,525$97,047
10 years$134,242$121,339$109,556$98,821$89,061$81,907
11 years$120,794$108,021$96,452$86,004$76,595$69,762
12 years$109,596$96,954$85,598$75,437$66,376$59,857
13 years$100,128$87,618$76,477$66,599$57,881$51,670
14 years$92,019$79,643$68,715$59,119$50,738$44,827
15 years$84,998$72,755$62,040$52,724$44,674$39,055
16 years$78,861$66,751$56,248$47,209$39,483$34,148
17 years$73,451$61,475$51,184$42,417$35,008$29,948
18 years$68,648$56,806$46,724$38,226$31,128$26,334
19 years$64,355$52,647$42,774$34,540$27,745$23,208
20 years$60,497$48,922$39,256$31,283$24,782$20,494
21 years$57,010$45,569$36,108$28,391$22,177$18,128
22 years$53,845$42,537$33,279$25,814$19,879$16,058
23 years$50,959$39,784$30,727$23,510$17,844$14,244
24 years$48,317$37,275$28,417$21,442$16,039$12,649
25 years$45,891$34,981$26,320$19,582$14,433$11,244
26 years$43,655$32,876$24,411$17,905$13,000$10,003
27 years$41,588$30,941$22,667$16,389$11,721$8,907
28 years$39,672$29,155$21,072$15,016$10,576$7,936
29 years$37,892$27,505$19,610$13,770$9,550$7,076
30 years$36,233$25,975$18,266$12,637$8,629$6,312
31 years$34,684$24,555$17,028$11,606$7,801$5,633
32 years$33,235$23,234$15,888$10,666$7,057$5,030
33 years$31,877$22,003$14,835$9,809$6,386$4,492
34 years$30,602$20,854$13,861$9,025$5,782$4,014
35 years$29,401$19,780$12,959$8,308$5,237$3,588
36 years$28,271$18,774$12,122$7,651$4,745$3,207
37 years$27,203$17,831$11,346$7,050$4,301$2,868
38 years$26,195$16,946$10,625$6,498$3,899$2,565
39 years$25,240$16,114$9,955$5,991$3,536$2,295
40 years$24,335$15,331$9,331$5,526$3,207$2,053
41 years$23,477$14,593$8,749$5,099$2,909$1,838
42 years$22,662$13,898$8,207$4,705$2,640$1,645
43 years$21,887$13,242$7,701$4,344$2,396$1,472
44 years$21,149$12,623$7,229$4,011$2,175$1,318
45 years$20,446$12,037$6,788$3,704$1,974$1,180
46 years$19,775$11,483$6,375$3,421$1,793$1,057
47 years$19,135$10,958$5,989$3,161$1,628$946
48 years$18,524$10,461$5,628$2,921$1,478$847
49 years$17,939$9,990$5,290$2,699$1,343$759
50 years$17,379$9,542$4,974$2,495$1,220$680

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $17,800,000, adding $6,415 every year, while hoping to spend $42,788 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: 67/14/19 Blend
71$17,800,000$17,800,000$17,800,000$17,800,000
72$19,622,217$18,678,817$18,402,917$20,844,188
73$21,578,157$19,548,553$18,973,889$22,532,438
74$23,732,169$20,459,472$19,562,554$24,372,319
75$26,104,411$21,413,547$20,169,460$26,383,251
76$28,717,095$22,412,845$20,795,172$28,582,050
77$31,594,700$23,459,535$21,440,271$30,987,221
78$34,764,197$24,555,890$22,105,357$33,619,130
79$38,255,308$25,704,291$22,791,049$36,500,193
80$42,100,784$26,907,237$23,497,985$39,655,085
81$46,336,718$28,167,345$24,226,821$43,110,967
82$51,002,879$29,487,361$24,978,235$46,897,739
83$56,143,092$30,870,161$25,752,926$51,048,319
84$61,805,652$32,318,763$26,551,613$55,598,949
85$68,043,776$33,836,330$27,375,039$60,589,532
86$74,916,107$35,426,177$28,223,970$66,064,004
87$82,487,270$37,091,780$29,099,193$72,070,745
88$90,828,479$38,836,783$30,001,522$78,663,031
89$100,018,206$40,665,009$30,931,796$85,899,527
90$110,142,931$42,580,462$31,890,879$93,844,842
91$121,297,948$44,587,342$32,879,661$102,570,128
92$133,588,270$46,690,054$33,899,062$112,153,748
93$147,129,620$48,893,213$34,950,027$122,682,008
94$162,049,521$51,201,660$36,033,532$134,249,966
95$178,488,502$53,620,471$37,150,585$146,962,324
96$196,601,421$56,154,966$38,302,222$160,934,405
97$216,558,931$58,810,725$39,489,512$176,293,239
98$238,549,089$61,593,597$40,713,557$193,178,751
99$262,779,129$64,509,716$41,975,494$211,745,074
100$289,477,421$67,565,513$43,276,494$232,161,998