Can I retire at age 72 with 1,900,000?

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 $1,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$156,900$155,503$154,139$152,808$151,509$147,131
2 years$77,673$76,227$74,825$73,465$72,147$67,771
3 years$51,268$49,815$48,417$47,070$45,773$41,536
4 years$38,068$36,619$35,235$33,911$32,646$28,580
5 years$30,150$28,710$27,344$26,047$24,817$20,934
6 years$24,873$23,444$22,098$20,830$19,637$15,940
7 years$21,105$19,688$18,363$17,126$15,970$12,460
8 years$18,280$16,876$15,574$14,366$13,249$9,923
9 years$16,085$14,694$13,414$12,237$11,157$8,012
10 years$14,329$12,952$11,694$10,548$9,506$6,538
11 years$12,894$11,530$10,295$9,180$8,176$5,379
12 years$11,698$10,349$9,137$8,052$7,085$4,455
13 years$10,688$9,353$8,163$7,109$6,178$3,708
14 years$9,822$8,501$7,335$6,310$5,416$3,100
15 years$9,073$7,766$6,622$5,628$4,769$2,601
16 years$8,418$7,125$6,004$5,039$4,214$2,188
17 years$7,840$6,562$5,463$4,528$3,737$1,845
18 years$7,328$6,064$4,987$4,080$3,323$1,559
19 years$6,869$5,620$4,566$3,687$2,962$1,319
20 years$6,457$5,222$4,190$3,339$2,645$1,118
21 years$6,085$4,864$3,854$3,031$2,367$949
22 years$5,747$4,540$3,552$2,755$2,122$806
23 years$5,439$4,247$3,280$2,509$1,905$685
24 years$5,157$3,979$3,033$2,289$1,712$582
25 years$4,898$3,734$2,809$2,090$1,541$496
26 years$4,660$3,509$2,606$1,911$1,388$422
27 years$4,439$3,303$2,420$1,749$1,251$360
28 years$4,235$3,112$2,249$1,603$1,129$306
29 years$4,045$2,936$2,093$1,470$1,019$261
30 years$3,868$2,773$1,950$1,349$921$223
31 years$3,702$2,621$1,818$1,239$833$190
32 years$3,548$2,480$1,696$1,139$753$162
33 years$3,403$2,349$1,583$1,047$682$138
34 years$3,266$2,226$1,479$963$617$118
35 years$3,138$2,111$1,383$887$559$101
36 years$3,018$2,004$1,294$817$507$86
37 years$2,904$1,903$1,211$752$459$73
38 years$2,796$1,809$1,134$694$416$63
39 years$2,694$1,720$1,063$640$377$53
40 years$2,598$1,636$996$590$342$46
41 years$2,506$1,558$934$544$311$39
42 years$2,419$1,484$876$502$282$33
43 years$2,336$1,414$822$464$256$28
44 years$2,257$1,347$772$428$232$24
45 years$2,182$1,285$725$395$211$21
46 years$2,111$1,226$681$365$191$18
47 years$2,043$1,170$639$337$174$15
48 years$1,977$1,117$601$312$158$13
49 years$1,915$1,066$565$288$143$11
50 years$1,855$1,019$531$266$130$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $1,900,000, adding $4,908 every year, while hoping to spend $25,331 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: 29/47/24 Blend
71$1,900,000$1,900,000$1,900,000$1,900,000
72$2,098,863$1,998,163$1,968,713$2,143,921
73$2,285,995$2,069,121$2,007,712$2,250,324
74$2,491,365$2,142,707$2,047,170$2,362,075
75$2,716,808$2,219,022$2,087,073$2,481,699
76$2,964,342$2,298,175$2,127,410$2,609,890
77$3,236,193$2,380,273$2,168,167$2,747,411
78$3,534,812$2,465,434$2,209,327$2,895,098
79$3,862,898$2,553,776$2,250,876$3,053,869
80$4,223,427$2,645,424$2,292,793$3,224,731
81$4,619,675$2,740,508$2,335,060$3,408,791
82$5,055,252$2,839,163$2,377,654$3,607,264
83$5,534,135$2,941,530$2,420,554$3,821,484
84$6,060,707$3,047,755$2,463,732$4,052,919
85$6,639,795$3,157,991$2,507,163$4,303,178
86$7,276,719$3,272,396$2,550,817$4,574,034
87$7,977,338$3,391,137$2,594,663$4,867,434
88$8,748,109$3,514,386$2,638,668$5,185,516
89$9,596,147$3,642,322$2,682,794$5,530,636
90$10,529,291$3,775,133$2,727,004$5,905,380
91$11,556,177$3,913,012$2,771,257$6,312,595
92$12,686,321$4,056,164$2,815,509$6,755,411
93$13,930,210$4,204,801$2,859,713$7,237,272
94$15,299,397$4,359,141$2,903,819$7,761,967
95$16,806,613$4,519,416$2,947,774$8,333,665
96$18,465,885$4,685,865$2,991,521$8,956,952
97$20,292,670$4,858,737$3,035,002$9,636,878
98$22,304,000$5,038,293$3,078,152$10,378,996
99$24,518,642$5,224,804$3,120,905$11,189,423
100$26,957,276$5,418,552$3,163,188$12,074,888