Can I retire at age 72 with 2,250,000?

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 $2,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$185,803$184,148$182,533$180,957$179,418$173,605
2 years$91,982$90,269$88,608$86,999$85,437$79,635
3 years$60,712$58,991$57,335$55,741$54,205$48,596
4 years$45,080$43,365$41,726$40,158$38,659$33,287
5 years$35,704$33,999$32,381$30,845$29,388$24,266
6 years$29,455$27,762$26,168$24,667$23,254$18,387
7 years$24,993$23,315$21,746$20,280$18,912$14,298
8 years$21,648$19,985$18,442$17,013$15,689$11,327
9 years$19,048$17,401$15,884$14,491$13,212$9,096
10 years$16,969$15,338$13,848$12,491$11,258$7,381
11 years$15,269$13,654$12,192$10,871$9,682$6,037
12 years$13,853$12,255$10,820$9,536$8,390$4,970
13 years$12,657$11,075$9,667$8,418$7,316$4,112
14 years$11,632$10,067$8,686$7,473$6,414$3,416
15 years$10,744$9,197$7,842$6,665$5,647$2,848
16 years$9,968$8,438$7,110$5,967$4,991$2,380
17 years$9,285$7,771$6,470$5,362$4,425$1,994
18 years$8,677$7,181$5,906$4,832$3,935$1,673
19 years$8,135$6,655$5,407$4,366$3,507$1,407
20 years$7,647$6,184$4,962$3,954$3,133$1,184
21 years$7,206$5,760$4,564$3,589$2,803$998
22 years$6,806$5,377$4,207$3,263$2,513$841
23 years$6,441$5,029$3,884$2,972$2,256$710
24 years$6,108$4,712$3,592$2,710$2,027$600
25 years$5,801$4,422$3,327$2,475$1,824$507
26 years$5,518$4,156$3,086$2,263$1,643$428
27 years$5,257$3,911$2,865$2,072$1,482$362
28 years$5,015$3,685$2,664$1,898$1,337$306
29 years$4,790$3,477$2,479$1,741$1,207$259
30 years$4,580$3,283$2,309$1,597$1,091$219
31 years$4,384$3,104$2,152$1,467$986$186
32 years$4,201$2,937$2,008$1,348$892$157
33 years$4,029$2,781$1,875$1,240$807$133
34 years$3,868$2,636$1,752$1,141$731$113
35 years$3,716$2,500$1,638$1,050$662$96
36 years$3,574$2,373$1,532$967$600$81
37 years$3,439$2,254$1,434$891$544$69
38 years$3,311$2,142$1,343$821$493$58
39 years$3,190$2,037$1,258$757$447$49
40 years$3,076$1,938$1,179$699$405$42
41 years$2,968$1,845$1,106$644$368$35
42 years$2,865$1,757$1,037$595$334$30
43 years$2,767$1,674$973$549$303$25
44 years$2,673$1,596$914$507$275$21
45 years$2,584$1,522$858$468$250$18
46 years$2,500$1,451$806$432$227$15
47 years$2,419$1,385$757$400$206$13
48 years$2,341$1,322$711$369$187$11
49 years$2,268$1,263$669$341$170$9
50 years$2,197$1,206$629$315$154$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $2,250,000, adding $4,367 every year, while hoping to spend $45,822 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: 28/43/29 Blend
71$2,250,000$2,250,000$2,250,000$2,250,000
72$2,484,005$2,364,755$2,329,880$2,531,167
73$2,688,619$2,431,873$2,359,176$2,636,519
74$2,912,568$2,500,745$2,387,919$2,745,393
75$3,157,776$2,571,407$2,416,040$2,861,450
76$3,426,361$2,643,898$2,443,469$2,985,341
77$3,720,656$2,718,256$2,470,131$3,117,780
78$4,043,230$2,794,518$2,495,949$3,259,554
79$4,396,914$2,872,723$2,520,837$3,411,529
80$4,784,824$2,952,911$2,544,710$3,574,658
81$5,210,392$3,035,120$2,567,474$3,749,989
82$5,677,400$3,119,389$2,589,032$3,938,678
83$6,190,013$3,205,757$2,609,283$4,141,998
84$6,752,818$3,294,263$2,628,117$4,361,349
85$7,370,869$3,384,946$2,645,423$4,598,274
86$8,049,733$3,477,843$2,661,080$4,854,472
87$8,795,543$3,572,995$2,674,963$5,131,816
88$9,615,054$3,670,438$2,686,941$5,432,369
89$10,515,711$3,770,210$2,696,874$5,758,402
90$11,505,711$3,872,348$2,704,617$6,112,419
91$12,594,090$3,976,889$2,710,018$6,497,177
92$13,790,800$4,083,869$2,712,916$6,915,717
93$15,106,805$4,193,323$2,713,143$7,371,387
94$16,554,187$4,305,284$2,710,521$7,867,878
95$18,146,257$4,419,785$2,704,866$8,409,255
96$19,897,679$4,536,859$2,695,983$9,000,000
97$21,824,613$4,656,535$2,683,669$9,645,052
98$23,944,860$4,778,843$2,667,709$10,349,854
99$26,278,039$4,903,808$2,647,880$11,120,402
100$28,845,762$5,031,458$2,623,947$11,963,309