Can I retire at age 72 with 1,810,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$149,468$148,137$146,838$145,570$144,332$143,003
2 years$73,994$72,616$71,280$69,986$68,729$67,391
3 years$48,839$47,455$46,123$44,840$43,605$42,298
4 years$36,265$34,885$33,566$32,305$31,099$29,834
5 years$28,722$27,350$26,048$24,813$23,641$22,421
6 years$23,695$22,333$21,051$19,843$18,706$17,533
7 years$20,105$18,756$17,494$16,314$15,213$14,087
8 years$17,414$16,077$14,836$13,686$12,621$11,542
9 years$15,323$13,998$12,778$11,657$10,629$9,597
10 years$13,650$12,338$11,140$10,049$9,056$8,070
11 years$12,283$10,984$9,808$8,745$7,789$6,848
12 years$11,144$9,859$8,704$7,671$6,749$5,854
13 years$10,182$8,909$7,777$6,772$5,886$5,034
14 years$9,357$8,098$6,987$6,012$5,159$4,350
15 years$8,643$7,398$6,309$5,361$4,543$3,775
16 years$8,019$6,788$5,720$4,800$4,015$3,287
17 years$7,469$6,251$5,205$4,313$3,560$2,871
18 years$6,980$5,776$4,751$3,887$3,165$2,514
19 years$6,544$5,353$4,349$3,512$2,821$2,206
20 years$6,152$4,975$3,992$3,181$2,520$1,939
21 years$5,797$4,634$3,672$2,887$2,255$1,708
22 years$5,475$4,325$3,384$2,625$2,021$1,506
23 years$5,182$4,045$3,124$2,391$1,815$1,330
24 years$4,913$3,790$2,890$2,180$1,631$1,175
25 years$4,666$3,557$2,676$1,991$1,468$1,040
26 years$4,439$3,343$2,482$1,821$1,322$921
27 years$4,229$3,146$2,305$1,666$1,192$816
28 years$4,034$2,965$2,143$1,527$1,075$724
29 years$3,853$2,797$1,994$1,400$971$642
30 years$3,684$2,641$1,857$1,285$877$570
31 years$3,527$2,497$1,732$1,180$793$506
32 years$3,380$2,363$1,616$1,085$718$450
33 years$3,241$2,237$1,508$997$649$400
34 years$3,112$2,121$1,409$918$588$355
35 years$2,990$2,011$1,318$845$533$316
36 years$2,875$1,909$1,233$778$483$281
37 years$2,766$1,813$1,154$717$437$250
38 years$2,664$1,723$1,080$661$396$223
39 years$2,567$1,639$1,012$609$360$198
40 years$2,475$1,559$949$562$326$176
41 years$2,387$1,484$890$518$296$157
42 years$2,304$1,413$835$478$268$140
43 years$2,226$1,347$783$442$244$124
44 years$2,151$1,284$735$408$221$111
45 years$2,079$1,224$690$377$201$99
46 years$2,011$1,168$648$348$182$88
47 years$1,946$1,114$609$321$166$78
48 years$1,884$1,064$572$297$150$70
49 years$1,824$1,016$538$274$137$62
50 years$1,767$970$506$254$124$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $1,810,000, adding $5,087 every year, while hoping to spend $50,809 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: 66/9/25 Blend
71$1,810,000$1,810,000$1,810,000$1,810,000
72$1,999,867$1,903,937$1,875,882$2,118,555
73$2,149,793$1,943,170$1,884,664$2,238,323
74$2,313,309$1,982,622$1,892,037$2,363,017
75$2,491,747$2,022,250$1,897,900$2,498,195
76$2,686,573$2,062,009$1,902,148$2,644,893
77$2,899,403$2,101,847$1,904,670$2,804,251
78$3,132,014$2,141,709$1,905,348$2,977,526
79$3,386,362$2,181,536$1,904,060$3,166,105
80$3,664,603$2,221,263$1,900,677$3,371,516
81$3,969,108$2,260,820$1,895,066$3,595,443
82$4,302,491$2,300,134$1,887,084$3,839,743
83$4,667,627$2,339,123$1,876,584$4,106,463
84$5,067,685$2,377,700$1,863,410$4,397,857
85$5,506,154$2,415,773$1,847,399$4,716,414
86$5,986,876$2,453,240$1,828,381$5,064,874
87$6,514,083$2,489,994$1,806,178$5,446,260
88$7,092,437$2,525,921$1,780,602$5,863,902
89$7,727,071$2,560,897$1,751,457$6,321,473
90$8,423,640$2,594,789$1,718,539$6,823,021
91$9,188,375$2,627,457$1,681,634$7,373,007
92$10,028,136$2,658,749$1,640,515$7,976,351
93$10,950,483$2,688,505$1,594,950$8,638,475
94$11,963,743$2,716,553$1,544,692$9,365,355
95$13,077,090$2,742,709$1,489,484$10,163,581
96$14,300,629$2,766,777$1,429,057$11,040,415
97$15,645,493$2,788,550$1,363,131$12,003,862
98$17,123,949$2,807,804$1,291,412$13,062,747
99$18,749,510$2,824,305$1,213,592$14,226,798
100$20,537,064$2,837,800$1,129,351$15,506,735