Can I retire at age 72 with 2,650,000?

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$218,835$216,885$214,983$213,127$211,315$206,710
2 years$108,334$106,316$104,361$102,465$100,626$96,010
3 years$71,505$69,479$67,528$65,650$63,841$59,358
4 years$53,094$51,074$49,143$47,297$45,532$41,217
5 years$42,051$40,043$38,137$36,329$34,613$30,477
6 years$34,691$32,698$30,821$29,053$27,388$23,436
7 years$29,436$27,460$25,612$23,886$22,274$18,506
8 years$25,496$23,538$21,721$20,037$18,478$14,894
9 years$22,434$20,494$18,708$17,067$15,561$12,158
10 years$19,985$18,065$16,310$14,712$13,259$10,033
11 years$17,983$16,082$14,359$12,804$11,403$8,350
12 years$16,316$14,434$12,744$11,231$9,882$6,997
13 years$14,907$13,044$11,386$9,915$8,617$5,895
14 years$13,699$11,857$10,230$8,801$7,554$4,990
15 years$12,654$10,831$9,236$7,849$6,651$4,239
16 years$11,740$9,938$8,374$7,028$5,878$3,612
17 years$10,935$9,152$7,620$6,315$5,212$3,086
18 years$10,220$8,457$6,956$5,691$4,634$2,642
19 years$9,581$7,838$6,368$5,142$4,131$2,266
20 years$9,007$7,283$5,844$4,657$3,689$1,947
21 years$8,487$6,784$5,376$4,227$3,302$1,675
22 years$8,016$6,333$4,954$3,843$2,959$1,443
23 years$7,587$5,923$4,575$3,500$2,657$1,244
24 years$7,193$5,549$4,231$3,192$2,388$1,073
25 years$6,832$5,208$3,918$2,915$2,149$927
26 years$6,499$4,895$3,634$2,666$1,935$800
27 years$6,192$4,606$3,375$2,440$1,745$692
28 years$5,906$4,341$3,137$2,235$1,575$598
29 years$5,641$4,095$2,919$2,050$1,422$518
30 years$5,394$3,867$2,719$1,881$1,285$448
31 years$5,164$3,656$2,535$1,728$1,161$388
32 years$4,948$3,459$2,365$1,588$1,051$336
33 years$4,746$3,276$2,209$1,460$951$291
34 years$4,556$3,105$2,064$1,344$861$252
35 years$4,377$2,945$1,929$1,237$780$218
36 years$4,209$2,795$1,805$1,139$706$189
37 years$4,050$2,655$1,689$1,050$640$164
38 years$3,900$2,523$1,582$967$580$142
39 years$3,758$2,399$1,482$892$526$123
40 years$3,623$2,282$1,389$823$477$107
41 years$3,495$2,173$1,303$759$433$93
42 years$3,374$2,069$1,222$701$393$80
43 years$3,258$1,971$1,147$647$357$70
44 years$3,149$1,879$1,076$597$324$60
45 years$3,044$1,792$1,011$551$294$52
46 years$2,944$1,710$949$509$267$45
47 years$2,849$1,631$892$471$242$39
48 years$2,758$1,557$838$435$220$34
49 years$2,671$1,487$788$402$200$30
50 years$2,587$1,421$740$371$182$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $2,650,000, adding $4,661 every year, while hoping to spend $40,823 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: 45/49/6 Blend
71$2,650,000$2,650,000$2,650,000$2,650,000
72$2,925,108$2,784,658$2,743,583$3,051,687
73$3,180,033$2,877,671$2,792,057$3,232,389
74$3,459,593$2,973,873$2,840,788$3,423,592
75$3,766,257$3,073,378$2,889,739$3,629,950
76$4,102,745$3,176,303$2,938,875$3,852,870
77$4,472,052$3,282,769$2,988,155$4,093,899
78$4,877,480$3,392,904$3,037,537$4,354,734
79$5,322,664$3,506,837$3,086,976$4,637,245
80$5,811,609$3,624,705$3,136,422$4,943,483
81$6,348,726$3,746,649$3,185,826$5,275,705
82$6,938,876$3,872,814$3,235,130$5,636,394
83$7,587,412$4,003,353$3,284,278$6,028,279
84$8,300,233$4,138,422$3,333,206$6,454,362
85$9,083,838$4,278,186$3,381,849$6,917,946
86$9,945,385$4,422,812$3,430,137$7,422,664
87$10,892,762$4,572,478$3,477,994$7,972,513
88$11,934,659$4,727,365$3,525,343$8,571,891
89$13,080,652$4,887,663$3,572,099$9,225,640
90$14,341,288$5,053,568$3,618,174$9,939,085
91$15,728,191$5,225,285$3,663,474$10,718,090
92$17,254,167$5,403,024$3,707,901$11,569,108
93$18,933,326$5,587,006$3,751,350$12,499,243
94$20,781,215$5,777,460$3,793,710$13,516,316
95$22,814,965$5,974,621$3,834,865$14,628,936
96$25,053,450$6,178,736$3,874,692$15,846,583
97$27,517,468$6,390,061$3,913,061$17,179,692
98$30,229,936$6,608,860$3,949,835$18,639,758
99$33,216,106$6,835,410$3,984,870$20,239,434
100$36,503,799$7,069,996$4,018,014$21,992,657