Can I retire at age 72 with 18,200,000?

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 $18,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$1,502,939$1,489,552$1,476,490$1,463,742$1,451,294$1,393,712
2 years$744,029$730,172$716,743$703,722$691,092$633,793
3 years$491,092$477,176$463,780$450,882$438,457$383,246
4 years$364,649$350,775$337,513$324,835$312,711$260,007
5 years$288,802$275,012$261,924$249,504$237,718$187,655
6 years$238,255$224,568$211,674$199,531$188,098$140,709
7 years$202,163$188,592$175,902$164,045$152,974$108,241
8 years$175,107$161,658$149,179$137,613$126,907$84,784
9 years$154,074$140,752$128,487$117,216$106,874$67,298
10 years$137,258$124,066$112,018$101,041$91,062$53,955
11 years$123,508$110,449$98,619$87,936$78,316$43,593
12 years$112,059$99,133$87,522$77,132$67,867$35,433
13 years$102,378$89,587$78,195$68,096$59,182$28,939
14 years$94,087$81,432$70,259$60,448$51,878$23,725
15 years$86,908$74,390$63,434$53,909$45,678$19,510
16 years$80,633$68,251$57,512$48,270$40,370$16,084
17 years$75,102$62,857$52,334$43,370$35,795$13,287
18 years$70,190$58,083$47,774$39,085$31,827$10,994
19 years$65,801$53,830$43,735$35,317$28,368$9,110
20 years$61,856$50,022$40,138$31,986$25,339$7,556
21 years$58,291$46,593$36,919$29,029$22,676$6,274
22 years$55,055$43,493$34,027$26,394$20,325$5,213
23 years$52,104$40,678$31,417$24,038$18,245$4,334
24 years$49,403$38,113$29,056$21,924$16,399$3,606
25 years$46,922$35,767$26,912$20,022$14,757$3,001
26 years$44,636$33,615$24,959$18,307$13,292$2,498
27 years$42,523$31,636$23,177$16,757$11,984$2,080
28 years$40,564$29,810$21,546$15,353$10,814$1,733
29 years$38,743$28,123$20,050$14,079$9,764$1,444
30 years$37,047$26,559$18,676$12,921$8,823$1,203
31 years$35,464$25,107$17,411$11,867$7,977$1,003
32 years$33,982$23,756$16,245$10,906$7,215$836
33 years$32,594$22,498$15,168$10,029$6,530$697
34 years$31,289$21,323$14,172$9,228$5,912$581
35 years$30,062$20,224$13,250$8,494$5,355$484
36 years$28,906$19,196$12,395$7,823$4,852$404
37 years$27,815$18,231$11,601$7,208$4,397$337
38 years$26,783$17,326$10,864$6,644$3,987$281
39 years$25,807$16,476$10,179$6,126$3,615$234
40 years$24,882$15,675$9,540$5,650$3,279$195
41 years$24,005$14,921$8,946$5,213$2,975$163
42 years$23,171$14,211$8,392$4,811$2,699$136
43 years$22,379$13,540$7,874$4,441$2,450$113
44 years$21,624$12,906$7,391$4,101$2,224$94
45 years$20,905$12,307$6,940$3,787$2,019$79
46 years$20,220$11,741$6,518$3,498$1,833$66
47 years$19,565$11,204$6,124$3,232$1,664$55
48 years$18,940$10,696$5,755$2,986$1,511$46
49 years$18,342$10,214$5,409$2,760$1,373$38
50 years$17,770$9,757$5,085$2,551$1,247$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $18,200,000, adding $4,264 every year, while hoping to spend $20,199 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: 62/9/29 Blend
71$18,200,000$18,200,000$18,200,000$18,200,000
72$20,060,798$19,096,198$18,814,098$21,147,739
73$22,085,508$20,010,420$19,422,879$22,801,877
74$24,316,061$20,968,762$20,051,377$24,604,780
75$26,773,433$21,973,365$20,700,231$26,573,125
76$29,480,736$23,026,473$21,370,102$28,723,112
77$32,463,441$24,130,440$22,061,670$31,072,572
78$35,749,615$25,287,735$22,775,639$33,641,124
79$39,370,189$26,500,947$23,512,736$36,450,365
80$43,359,245$27,772,790$24,273,710$39,524,061
81$47,754,345$29,106,113$25,059,336$42,888,376
82$52,596,876$30,503,902$25,870,412$46,572,112
83$57,932,452$31,969,286$26,707,765$50,606,974
84$63,811,332$33,505,552$27,572,245$55,027,868
85$70,288,906$35,116,143$28,464,734$59,873,228
86$77,426,211$36,804,670$29,386,139$65,185,368
87$85,290,508$38,574,921$30,337,397$71,010,885
88$93,955,917$40,430,870$31,319,478$77,401,084
89$103,504,121$42,376,683$32,333,380$84,412,468
90$114,025,129$44,416,728$33,380,137$92,107,257
91$125,618,133$46,555,589$34,460,812$100,553,974
92$138,392,440$48,798,071$35,576,507$109,828,087
93$152,468,507$51,149,214$36,728,358$120,012,711
94$167,979,073$53,614,304$37,917,536$131,199,392
95$185,070,419$56,198,885$39,145,254$143,488,959
96$203,903,742$58,908,771$40,412,761$156,992,474
97$224,656,683$61,750,060$41,721,348$171,832,269
98$247,524,999$64,729,147$43,072,347$188,143,098
99$272,724,413$67,852,740$44,467,135$206,073,397
100$300,492,651$71,127,872$45,907,132$225,786,679