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

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 $2,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$218,835$216,885$214,983$213,127$211,315$205,374
2 years$108,334$106,316$104,361$102,465$100,626$94,686
3 years$71,505$69,479$67,528$65,650$63,841$58,088
4 years$53,094$51,074$49,143$47,297$45,532$40,010
5 years$42,051$40,043$38,137$36,329$34,613$29,337
6 years$34,691$32,698$30,821$29,053$27,388$22,363
7 years$29,436$27,460$25,612$23,886$22,274$17,500
8 years$25,496$23,538$21,721$20,037$18,478$13,953
9 years$22,434$20,494$18,708$17,067$15,561$11,280
10 years$19,985$18,065$16,310$14,712$13,259$9,216
11 years$17,983$16,082$14,359$12,804$11,403$7,593
12 years$16,316$14,434$12,744$11,231$9,882$6,296
13 years$14,907$13,044$11,386$9,915$8,617$5,248
14 years$13,699$11,857$10,230$8,801$7,554$4,393
15 years$12,654$10,831$9,236$7,849$6,651$3,691
16 years$11,740$9,938$8,374$7,028$5,878$3,109
17 years$10,935$9,152$7,620$6,315$5,212$2,626
18 years$10,220$8,457$6,956$5,691$4,634$2,222
19 years$9,581$7,838$6,368$5,142$4,131$1,883
20 years$9,007$7,283$5,844$4,657$3,689$1,598
21 years$8,487$6,784$5,376$4,227$3,302$1,358
22 years$8,016$6,333$4,954$3,843$2,959$1,155
23 years$7,587$5,923$4,575$3,500$2,657$984
24 years$7,193$5,549$4,231$3,192$2,388$838
25 years$6,832$5,208$3,918$2,915$2,149$714
26 years$6,499$4,895$3,634$2,666$1,935$609
27 years$6,192$4,606$3,375$2,440$1,745$520
28 years$5,906$4,341$3,137$2,235$1,575$444
29 years$5,641$4,095$2,919$2,050$1,422$379
30 years$5,394$3,867$2,719$1,881$1,285$324
31 years$5,164$3,656$2,535$1,728$1,161$276
32 years$4,948$3,459$2,365$1,588$1,051$236
33 years$4,746$3,276$2,209$1,460$951$202
34 years$4,556$3,105$2,064$1,344$861$173
35 years$4,377$2,945$1,929$1,237$780$147
36 years$4,209$2,795$1,805$1,139$706$126
37 years$4,050$2,655$1,689$1,050$640$108
38 years$3,900$2,523$1,582$967$580$92
39 years$3,758$2,399$1,482$892$526$79
40 years$3,623$2,282$1,389$823$477$67
41 years$3,495$2,173$1,303$759$433$58
42 years$3,374$2,069$1,222$701$393$49
43 years$3,258$1,971$1,147$647$357$42
44 years$3,149$1,879$1,076$597$324$36
45 years$3,044$1,792$1,011$551$294$31
46 years$2,944$1,710$949$509$267$26
47 years$2,849$1,631$892$471$242$23
48 years$2,758$1,557$838$435$220$19
49 years$2,671$1,487$788$402$200$17
50 years$2,587$1,421$740$371$182$14

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 $2,843 every year, while hoping to spend $50,457 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: 53/22/25 Blend
71$2,650,000$2,650,000$2,650,000$2,650,000
72$2,923,233$2,782,783$2,741,708$3,057,728
73$3,167,716$2,865,453$2,779,869$3,233,605
74$3,435,447$2,950,483$2,817,618$3,419,476
75$3,728,741$3,037,936$2,854,886$3,620,717
76$4,050,152$3,127,874$2,891,604$3,838,814
77$4,402,490$3,220,363$2,927,697$4,075,407
78$4,788,853$3,315,470$2,963,083$4,332,298
79$5,212,650$3,413,262$2,997,681$4,611,473
80$5,677,638$3,513,809$3,031,400$4,915,120
81$6,187,953$3,617,181$3,064,148$5,245,646
82$6,748,153$3,723,452$3,095,826$5,605,705
83$7,363,258$3,832,694$3,126,329$5,998,218
84$8,038,797$3,944,983$3,155,548$6,426,406
85$8,780,863$4,060,396$3,183,367$6,893,814
86$9,596,165$4,179,010$3,209,665$7,404,348
87$10,492,098$4,300,905$3,234,312$7,962,311
88$11,476,806$4,426,163$3,257,175$8,572,444
89$12,559,260$4,554,866$3,278,111$9,239,971
90$13,749,348$4,687,097$3,296,971$9,970,646
91$15,057,959$4,822,942$3,313,597$10,770,810
92$16,497,093$4,962,489$3,327,825$11,647,447
93$18,079,970$5,105,824$3,339,481$12,608,257
94$19,821,156$5,253,039$3,348,382$13,661,718
95$21,736,700$5,404,224$3,354,339$14,817,178
96$23,844,283$5,559,471$3,357,149$16,084,932
97$26,163,389$5,718,873$3,356,603$17,476,327
98$28,715,484$5,882,527$3,352,478$19,003,866
99$31,524,220$6,050,528$3,344,543$20,681,327
100$34,615,660$6,222,973$3,332,554$22,523,890