Can I retire at age 72 with 18,500,000?

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 $18,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$1,527,713$1,514,105$1,500,828$1,487,869$1,475,216$1,447,800
2 years$756,293$742,208$728,557$715,322$702,484$674,965
3 years$499,187$485,041$471,425$458,314$445,685$418,921
4 years$370,659$356,557$343,077$330,189$317,866$292,063
5 years$293,563$279,545$266,242$253,617$241,637$216,868
6 years$242,182$228,269$215,163$202,820$191,199$167,493
7 years$205,496$191,700$178,801$166,749$155,496$132,858
8 years$177,994$164,322$151,638$139,882$128,999$107,424
9 years$156,614$143,072$130,605$119,148$108,636$88,110
10 years$139,521$126,111$113,865$102,707$92,563$73,069
11 years$125,544$112,269$100,245$89,386$79,607$61,121
12 years$113,906$100,767$88,965$78,403$68,986$51,483
13 years$104,065$91,064$79,484$69,218$60,157$43,609
14 years$95,638$82,775$71,417$61,444$52,733$37,110
15 years$88,341$75,616$64,480$54,798$46,431$31,701
16 years$81,962$69,376$58,460$49,065$41,036$27,167
17 years$76,340$63,893$53,197$44,085$36,385$23,344
18 years$71,347$59,040$48,562$39,729$32,352$20,105
19 years$66,886$54,718$44,456$35,899$28,836$17,348
20 years$62,876$50,846$40,799$32,513$25,757$14,994
21 years$59,252$47,361$37,528$29,508$23,049$12,978
22 years$55,962$44,210$34,587$26,829$20,660$11,247
23 years$52,963$41,349$31,935$24,434$18,546$9,756
24 years$50,218$38,741$29,535$22,285$16,670$8,471
25 years$47,696$36,357$27,355$20,352$15,000$7,360
26 years$45,372$34,169$25,371$18,609$13,512$6,400
27 years$43,224$32,157$23,559$17,033$12,182$5,568
28 years$41,232$30,302$21,901$15,606$10,992$4,847
29 years$39,382$28,586$20,381$14,311$9,925$4,220
30 years$37,658$26,997$18,984$13,134$8,968$3,677
31 years$36,048$25,521$17,698$12,063$8,108$3,204
32 years$34,543$24,148$16,513$11,086$7,334$2,793
33 years$33,131$22,868$15,418$10,194$6,638$2,435
34 years$31,805$21,674$14,406$9,380$6,010$2,124
35 years$30,558$20,557$13,468$8,635$5,443$1,852
36 years$29,382$19,512$12,599$7,952$4,932$1,616
37 years$28,273$18,532$11,793$7,327$4,470$1,410
38 years$27,225$17,612$11,043$6,753$4,052$1,230
39 years$26,233$16,747$10,346$6,227$3,675$1,074
40 years$25,292$15,934$9,698$5,743$3,333$937
41 years$24,400$15,167$9,093$5,299$3,024$818
42 years$23,553$14,445$8,530$4,890$2,744$714
43 years$22,748$13,763$8,004$4,514$2,490$623
44 years$21,981$13,119$7,513$4,168$2,260$544
45 years$21,250$12,510$7,055$3,850$2,052$475
46 years$20,553$11,934$6,626$3,556$1,863$415
47 years$19,888$11,389$6,225$3,285$1,692$362
48 years$19,252$10,872$5,850$3,036$1,536$316
49 years$18,644$10,382$5,498$2,805$1,395$276
50 years$18,062$9,918$5,169$2,593$1,267$241

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $18,500,000, adding $4,806 every year, while hoping to spend $37,540 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: 48/33/19 Blend
71$18,500,000$18,500,000$18,500,000$18,500,000
72$20,391,957$19,411,457$19,124,707$21,261,263
73$22,431,995$20,322,677$19,725,443$22,776,971
74$24,678,858$21,277,287$20,345,045$24,417,687
75$27,153,603$22,277,376$20,984,105$26,198,511
76$29,879,434$23,325,131$21,643,236$28,132,594
77$32,881,918$24,422,844$22,323,067$30,234,377
78$36,189,231$25,572,921$23,024,247$32,519,725
79$39,832,422$26,777,883$23,747,448$35,006,065
80$43,845,702$28,040,372$24,493,361$37,712,545
81$48,266,773$29,363,160$25,262,698$40,660,207
82$53,137,181$30,749,153$26,056,196$43,872,178
83$58,502,708$32,201,395$26,874,612$47,373,877
84$64,413,802$33,723,082$27,718,730$51,193,249
85$70,926,059$35,317,562$28,589,356$55,361,021
86$78,100,740$36,988,345$29,487,323$59,910,975
87$86,005,356$38,739,114$30,413,488$64,880,265
88$94,714,300$40,573,729$31,368,738$70,309,753
89$104,309,553$42,496,236$32,353,985$76,244,384
90$114,881,455$44,510,880$33,370,172$82,733,598
91$126,529,560$46,622,109$34,418,269$89,831,786
92$139,363,573$48,834,590$35,499,278$97,598,789
93$153,504,386$51,153,214$36,614,233$106,100,452
94$169,085,224$53,583,111$37,764,200$115,409,230
95$186,252,893$56,129,660$38,950,277$125,604,856
96$205,169,175$58,798,501$40,173,599$136,775,081
97$226,012,351$61,595,547$41,435,334$149,016,484
98$248,978,882$64,527,000$42,736,689$162,435,372
99$274,285,267$67,599,362$44,078,907$177,148,757
100$302,170,085$70,819,452$45,463,272$193,285,451