Can I retire at age 72 with 1,910,000?

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 $1,910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$157,726$156,321$154,950$153,612$152,306$150,154
2 years$78,082$76,628$75,219$73,852$72,527$70,363
3 years$51,538$50,077$48,671$47,318$46,014$43,905
4 years$38,268$36,812$35,420$34,090$32,818$30,780
5 years$30,308$28,861$27,488$26,184$24,947$22,988
6 years$25,004$23,567$22,214$20,940$19,740$17,860
7 years$21,216$19,792$18,460$17,216$16,054$14,255
8 years$18,377$16,965$15,656$14,442$13,318$11,599
9 years$16,169$14,771$13,484$12,301$11,216$9,576
10 years$14,405$13,020$11,756$10,604$9,557$7,995
11 years$12,962$11,591$10,350$9,228$8,219$6,734
12 years$11,760$10,404$9,185$8,095$7,122$5,712
13 years$10,744$9,402$8,206$7,146$6,211$4,874
14 years$9,874$8,546$7,373$6,344$5,444$4,178
15 years$9,121$7,807$6,657$5,657$4,794$3,596
16 years$8,462$7,163$6,036$5,066$4,237$3,106
17 years$7,882$6,597$5,492$4,551$3,756$2,690
18 years$7,366$6,095$5,014$4,102$3,340$2,335
19 years$6,906$5,649$4,590$3,706$2,977$2,031
20 years$6,491$5,250$4,212$3,357$2,659$1,770
21 years$6,117$4,890$3,874$3,046$2,380$1,545
22 years$5,778$4,564$3,571$2,770$2,133$1,350
23 years$5,468$4,269$3,297$2,523$1,915$1,181
24 years$5,185$4,000$3,049$2,301$1,721$1,034
25 years$4,924$3,754$2,824$2,101$1,549$907
26 years$4,684$3,528$2,619$1,921$1,395$795
27 years$4,463$3,320$2,432$1,759$1,258$698
28 years$4,257$3,128$2,261$1,611$1,135$613
29 years$4,066$2,951$2,104$1,478$1,025$539
30 years$3,888$2,787$1,960$1,356$926$474
31 years$3,722$2,635$1,827$1,245$837$416
32 years$3,566$2,493$1,705$1,145$757$366
33 years$3,421$2,361$1,592$1,052$685$322
34 years$3,284$2,238$1,487$968$620$284
35 years$3,155$2,122$1,391$891$562$250
36 years$3,034$2,014$1,301$821$509$220
37 years$2,919$1,913$1,218$756$461$194
38 years$2,811$1,818$1,140$697$418$171
39 years$2,708$1,729$1,068$643$379$150
40 years$2,611$1,645$1,001$593$344$132
41 years$2,519$1,566$939$547$312$117
42 years$2,432$1,491$881$505$283$103
43 years$2,349$1,421$826$466$257$91
44 years$2,269$1,354$776$430$233$80
45 years$2,194$1,292$728$397$212$70
46 years$2,122$1,232$684$367$192$62
47 years$2,053$1,176$643$339$175$55
48 years$1,988$1,122$604$313$159$48
49 years$1,925$1,072$568$290$144$43
50 years$1,865$1,024$534$268$131$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $1,910,000, adding $6,029 every year, while hoping to spend $53,224 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: 30/46/24 Blend
71$1,910,000$1,910,000$1,910,000$1,910,000
72$2,111,039$2,009,809$1,980,204$2,158,512
73$2,269,735$2,051,660$1,989,911$2,237,424
74$2,442,834$2,093,777$1,998,159$2,317,129
75$2,631,749$2,136,118$2,004,844$2,401,787
76$2,838,036$2,178,636$2,009,854$2,491,861
77$3,063,406$2,221,280$2,013,075$2,587,864
78$3,309,745$2,263,994$2,014,384$2,690,363
79$3,579,126$2,306,717$2,013,653$2,799,982
80$3,873,837$2,349,386$2,010,750$2,917,414
81$4,196,391$2,391,929$2,005,533$3,043,421
82$4,549,559$2,434,270$1,997,855$3,178,845
83$4,936,393$2,476,327$1,987,562$3,324,618
84$5,360,251$2,518,013$1,974,491$3,481,767
85$5,824,833$2,559,233$1,958,473$3,651,429
86$6,334,215$2,599,884$1,939,331$3,834,856
87$6,892,884$2,639,858$1,916,878$4,033,435
88$7,505,784$2,679,036$1,890,918$4,248,694
89$8,178,359$2,717,294$1,861,249$4,482,323
90$8,916,606$2,754,496$1,827,656$4,736,186
91$9,727,133$2,790,499$1,789,915$5,012,343
92$10,617,215$2,825,148$1,747,792$5,313,066
93$11,594,871$2,858,280$1,701,042$5,640,868
94$12,668,930$2,889,718$1,649,410$5,998,518
95$13,849,122$2,919,276$1,592,626$6,389,076
96$15,146,164$2,946,752$1,530,411$6,815,921
97$16,571,864$2,971,934$1,462,471$7,282,780
98$18,139,231$2,994,595$1,388,500$7,793,768
99$19,862,595$3,014,493$1,308,178$8,353,428
100$21,757,747$3,031,371$1,221,170$8,966,772