Can I retire at age 72 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,407,856
2 years$739,941$726,160$712,805$699,855$687,295$651,785
3 years$488,394$474,554$461,232$448,404$436,048$401,602
4 years$362,645$348,847$335,659$323,050$310,993$277,876
5 years$287,216$273,501$260,485$248,133$236,412$204,716
6 years$236,946$223,334$210,510$198,434$187,065$156,821
7 years$201,052$187,555$174,935$163,144$152,134$123,346
8 years$174,145$160,770$148,359$136,857$126,210$98,866
9 years$153,228$139,979$127,782$116,572$106,287$80,364
10 years$136,504$123,384$111,403$100,486$90,562$66,030
11 years$122,830$109,842$98,077$87,453$77,886$54,710
12 years$111,443$98,588$87,041$76,708$67,494$45,635
13 years$101,815$89,095$77,765$67,722$58,856$38,271
14 years$93,570$80,985$69,873$60,116$51,593$32,237
15 years$86,431$73,981$63,086$53,613$45,427$27,253
16 years$80,190$67,876$57,196$48,004$40,148$23,108
17 years$74,689$62,512$52,046$43,132$35,598$19,643
18 years$69,805$57,763$47,512$38,870$31,652$16,732
19 years$65,440$53,535$43,495$35,123$28,212$14,278
20 years$61,516$49,747$39,917$31,810$25,200$12,202
21 years$57,971$46,337$36,716$28,870$22,551$10,441
22 years$54,752$43,254$33,840$26,249$20,214$8,944
23 years$51,818$40,455$31,245$23,906$18,145$7,668
24 years$49,132$37,903$28,896$21,803$16,309$6,579
25 years$46,665$35,571$26,764$19,912$14,676$5,649
26 years$44,391$33,431$24,822$18,207$13,219$4,853
27 years$42,289$31,462$23,049$16,665$11,918$4,171
28 years$40,341$29,647$21,427$15,269$10,754$3,587
29 years$38,530$27,968$19,940$14,002$9,711$3,085
30 years$36,844$26,413$18,573$12,850$8,774$2,655
31 years$35,269$24,969$17,315$11,802$7,933$2,285
32 years$33,796$23,626$16,156$10,846$7,176$1,967
33 years$32,414$22,374$15,085$9,974$6,494$1,694
34 years$31,117$21,205$14,094$9,177$5,880$1,459
35 years$29,897$20,113$13,177$8,448$5,325$1,256
36 years$28,747$19,090$12,327$7,780$4,825$1,082
37 years$27,662$18,131$11,538$7,168$4,373$932
38 years$26,636$17,231$10,805$6,607$3,965$803
39 years$25,665$16,385$10,123$6,092$3,595$692
40 years$24,746$15,589$9,488$5,619$3,261$596
41 years$23,873$14,839$8,897$5,184$2,959$514
42 years$23,044$14,133$8,345$4,785$2,685$443
43 years$22,256$13,465$7,831$4,417$2,436$382
44 years$21,505$12,835$7,351$4,078$2,212$329
45 years$20,790$12,240$6,902$3,766$2,008$284
46 years$20,109$11,676$6,483$3,479$1,823$244
47 years$19,458$11,143$6,090$3,214$1,655$211
48 years$18,836$10,637$5,723$2,970$1,503$182
49 years$18,241$10,158$5,379$2,745$1,365$157
50 years$17,672$9,703$5,058$2,537$1,240$135

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $18,100,000, adding $2,394 every year, while hoping to spend $53,553 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: 63/8/29 Blend
71$18,100,000$18,100,000$18,100,000$18,100,000
72$19,948,669$18,989,369$18,708,819$21,050,273
73$21,926,454$19,862,869$19,278,585$22,672,071
74$24,104,177$20,777,374$19,865,643$24,436,813
75$26,502,177$21,734,839$20,470,515$26,363,432
76$29,142,863$22,737,310$21,093,742$28,467,821
77$32,050,929$23,786,933$21,735,876$30,767,470
78$35,253,586$24,885,955$22,397,490$33,281,631
79$38,780,818$26,036,733$23,079,172$36,031,494
80$42,665,666$27,241,737$23,781,529$39,040,387
81$46,944,538$28,503,556$24,505,184$42,333,993
82$51,657,555$29,824,905$25,250,782$45,940,586
83$56,848,927$31,208,626$26,018,984$49,891,296
84$62,567,371$32,657,702$26,810,474$54,220,401
85$68,866,572$34,175,259$27,625,954$58,965,646
86$75,805,687$35,764,571$28,466,148$64,168,593
87$83,449,906$37,429,074$29,331,803$69,875,012
88$91,871,064$39,172,367$30,223,686$76,135,310
89$101,148,322$40,998,222$31,142,590$83,004,997
90$111,368,913$42,910,597$32,089,328$90,545,212
91$122,628,963$44,913,637$33,064,742$98,823,292
92$135,034,401$47,011,690$34,069,694$107,913,404
93$148,701,959$49,209,311$35,105,078$117,897,239
94$163,760,270$51,511,278$36,171,809$128,864,778
95$180,351,086$53,922,599$37,270,833$140,915,138
96$198,630,614$56,448,524$38,403,123$154,157,500
97$218,770,991$59,094,556$39,569,683$168,712,134
98$240,961,909$61,866,466$40,771,543$184,711,529
99$265,412,402$64,770,302$42,009,769$202,301,637
100$292,352,826$67,812,405$43,285,455$221,643,244