Can I retire at age 72 with 2,600,000?

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 $2,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$214,706$212,793$210,927$209,106$207,328$206,367
2 years$106,290$104,310$102,392$100,532$98,727$97,758
3 years$70,156$68,168$66,254$64,412$62,637$61,688
4 years$52,093$50,111$48,216$46,405$44,673$43,753
5 years$41,257$39,287$37,418$35,643$33,960$33,071
6 years$34,036$32,081$30,239$28,504$26,871$26,014
7 years$28,880$26,942$25,129$23,435$21,853$21,029
8 years$25,015$23,094$21,311$19,659$18,130$17,338
9 years$22,011$20,107$18,355$16,745$15,268$14,508
10 years$19,608$17,724$16,003$14,434$13,009$12,282
11 years$17,644$15,778$14,088$12,562$11,188$10,493
12 years$16,008$14,162$12,503$11,019$9,695$9,031
13 years$14,625$12,798$11,171$9,728$8,455$7,821
14 years$13,441$11,633$10,037$8,635$7,411$6,807
15 years$12,415$10,627$9,062$7,701$6,525$5,950
16 years$11,519$9,750$8,216$6,896$5,767$5,220
17 years$10,729$8,980$7,476$6,196$5,114$4,594
18 years$10,027$8,298$6,825$5,584$4,547$4,054
19 years$9,400$7,690$6,248$5,045$4,053$3,586
20 years$8,837$7,146$5,734$4,569$3,620$3,178
21 years$8,327$6,656$5,274$4,147$3,239$2,821
22 years$7,865$6,213$4,861$3,771$2,904$2,508
23 years$7,443$5,811$4,488$3,434$2,606$2,233
24 years$7,058$5,445$4,151$3,132$2,343$1,991
25 years$6,703$5,110$3,845$2,860$2,108$1,776
26 years$6,377$4,802$3,566$2,615$1,899$1,587
27 years$6,075$4,519$3,311$2,394$1,712$1,418
28 years$5,795$4,259$3,078$2,193$1,545$1,269
29 years$5,535$4,018$2,864$2,011$1,395$1,136
30 years$5,292$3,794$2,668$1,846$1,260$1,017
31 years$5,066$3,587$2,487$1,695$1,140$912
32 years$4,855$3,394$2,321$1,558$1,031$817
33 years$4,656$3,214$2,167$1,433$933$733
34 years$4,470$3,046$2,025$1,318$845$658
35 years$4,295$2,889$1,893$1,213$765$590
36 years$4,129$2,742$1,771$1,118$693$530
37 years$3,974$2,604$1,657$1,030$628$476
38 years$3,826$2,475$1,552$949$570$427
39 years$3,687$2,354$1,454$875$516$384
40 years$3,555$2,239$1,363$807$468$345
41 years$3,429$2,132$1,278$745$425$310
42 years$3,310$2,030$1,199$687$386$279
43 years$3,197$1,934$1,125$634$350$251
44 years$3,089$1,844$1,056$586$318$225
45 years$2,986$1,758$991$541$288$203
46 years$2,889$1,677$931$500$262$182
47 years$2,795$1,601$875$462$238$164
48 years$2,706$1,528$822$427$216$147
49 years$2,620$1,459$773$394$196$133
50 years$2,539$1,394$726$364$178$119

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $2,600,000, adding $5,009 every year, while hoping to spend $45,318 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: 51/40/9 Blend
71$2,600,000$2,600,000$2,600,000$2,600,000
72$2,870,367$2,732,567$2,692,267$3,009,824
73$3,114,926$2,818,245$2,734,240$3,191,110
74$3,382,912$2,906,602$2,776,100$3,382,805
75$3,676,665$2,997,722$2,817,796$3,590,130
76$3,998,765$3,091,690$2,859,272$3,814,564
77$4,352,053$3,188,597$2,900,471$4,057,737
78$4,739,656$3,288,532$2,941,331$4,321,440
79$5,165,021$3,391,590$2,981,786$4,607,642
80$5,631,944$3,497,869$3,021,766$4,918,512
81$6,144,606$3,607,468$3,061,199$5,256,435
82$6,707,613$3,720,491$3,100,006$5,624,035
83$7,326,039$3,837,044$3,138,106$6,024,202
84$8,005,473$3,957,237$3,175,410$6,460,115
85$8,752,073$4,081,183$3,211,828$6,935,274
86$9,572,622$4,208,999$3,247,262$7,453,531
87$10,474,594$4,340,805$3,281,610$8,019,128
88$11,466,223$4,476,724$3,314,764$8,636,733
89$12,556,579$4,616,885$3,346,610$9,311,490
90$13,755,657$4,761,420$3,377,028$10,049,057
91$15,074,467$4,910,462$3,405,892$10,855,670
92$16,525,142$5,064,154$3,433,069$11,738,194
93$18,121,047$5,222,639$3,458,418$12,704,187
94$19,876,911$5,386,065$3,481,791$13,761,976
95$21,808,959$5,554,585$3,503,035$14,920,730
96$23,935,072$5,728,359$3,521,985$16,190,550
97$26,274,948$5,907,547$3,538,470$17,582,559
98$28,850,294$6,092,319$3,552,311$19,109,012
99$31,685,028$6,282,846$3,563,317$20,783,404
100$34,805,502$6,479,307$3,571,290$22,620,603