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%12.8%
1 years$218,835$216,885$214,983$213,127$211,315$208,847
2 years$108,334$106,316$104,361$102,465$100,626$98,143
3 years$71,505$69,479$67,528$65,650$63,841$61,419
4 years$53,094$51,074$49,143$47,297$45,532$43,189
5 years$42,051$40,043$38,137$36,329$34,613$32,356
6 years$34,691$32,698$30,821$29,053$27,388$25,221
7 years$29,436$27,460$25,612$23,886$22,274$20,197
8 years$25,496$23,538$21,721$20,037$18,478$16,491
9 years$22,434$20,494$18,708$17,067$15,561$13,663
10 years$19,985$18,065$16,310$14,712$13,259$11,449
11 years$17,983$16,082$14,359$12,804$11,403$9,679
12 years$16,316$14,434$12,744$11,231$9,882$8,242
13 years$14,907$13,044$11,386$9,915$8,617$7,060
14 years$13,699$11,857$10,230$8,801$7,554$6,077
15 years$12,654$10,831$9,236$7,849$6,651$5,252
16 years$11,740$9,938$8,374$7,028$5,878$4,554
17 years$10,935$9,152$7,620$6,315$5,212$3,961
18 years$10,220$8,457$6,956$5,691$4,634$3,453
19 years$9,581$7,838$6,368$5,142$4,131$3,017
20 years$9,007$7,283$5,844$4,657$3,689$2,641
21 years$8,487$6,784$5,376$4,227$3,302$2,315
22 years$8,016$6,333$4,954$3,843$2,959$2,033
23 years$7,587$5,923$4,575$3,500$2,657$1,787
24 years$7,193$5,549$4,231$3,192$2,388$1,572
25 years$6,832$5,208$3,918$2,915$2,149$1,384
26 years$6,499$4,895$3,634$2,666$1,935$1,220
27 years$6,192$4,606$3,375$2,440$1,745$1,076
28 years$5,906$4,341$3,137$2,235$1,575$950
29 years$5,641$4,095$2,919$2,050$1,422$838
30 years$5,394$3,867$2,719$1,881$1,285$741
31 years$5,164$3,656$2,535$1,728$1,161$655
32 years$4,948$3,459$2,365$1,588$1,051$579
33 years$4,746$3,276$2,209$1,460$951$512
34 years$4,556$3,105$2,064$1,344$861$453
35 years$4,377$2,945$1,929$1,237$780$401
36 years$4,209$2,795$1,805$1,139$706$355
37 years$4,050$2,655$1,689$1,050$640$314
38 years$3,900$2,523$1,582$967$580$278
39 years$3,758$2,399$1,482$892$526$246
40 years$3,623$2,282$1,389$823$477$218
41 years$3,495$2,173$1,303$759$433$193
42 years$3,374$2,069$1,222$701$393$171
43 years$3,258$1,971$1,147$647$357$151
44 years$3,149$1,879$1,076$597$324$134
45 years$3,044$1,792$1,011$551$294$119
46 years$2,944$1,710$949$509$267$105
47 years$2,849$1,631$892$471$242$93
48 years$2,758$1,557$838$435$220$83
49 years$2,671$1,487$788$402$200$73
50 years$2,587$1,421$740$371$182$65

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 $3,619 every year, while hoping to spend $52,485 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: 74/16/10 Blend
71$2,650,000$2,650,000$2,650,000$2,650,000
72$2,924,033$2,783,583$2,742,508$3,134,802
73$3,166,441$2,864,135$2,778,538$3,354,887
74$3,431,815$2,946,875$2,814,017$3,589,001
75$3,722,443$3,031,855$2,848,869$3,844,025
76$4,040,843$3,119,127$2,883,017$4,122,013
77$4,389,790$3,208,744$2,916,379$4,425,228
78$4,772,338$3,300,762$2,948,867$4,756,163
79$5,191,851$3,395,234$2,980,389$5,117,560
80$5,652,036$3,492,217$3,010,848$5,512,441
81$6,156,974$3,591,766$3,040,142$5,944,133
82$6,711,162$3,693,939$3,068,163$6,416,302
83$7,319,551$3,798,793$3,094,797$6,932,984
84$7,987,597$3,906,385$3,119,925$7,498,625
85$8,721,310$4,016,776$3,143,420$8,118,124
86$9,527,309$4,130,023$3,165,150$8,796,875
87$10,412,887$4,246,188$3,184,976$9,540,820
88$11,386,079$4,365,328$3,202,750$10,356,508
89$12,455,736$4,487,506$3,218,318$11,251,149
90$13,631,608$4,612,780$3,231,519$12,232,690
91$14,924,438$4,741,213$3,242,181$13,309,884
92$16,346,064$4,872,865$3,250,127$14,492,375
93$17,909,524$5,007,797$3,255,168$15,790,788
94$19,629,186$5,146,070$3,257,107$17,216,830
95$21,520,879$5,287,744$3,255,736$18,783,397
96$23,602,045$5,432,880$3,250,840$20,504,702
97$25,891,901$5,581,538$3,242,190$22,396,401
98$28,411,618$5,733,777$3,229,547$24,475,746
99$31,184,527$5,889,656$3,212,661$26,761,747
100$34,236,333$6,049,233$3,191,269$29,275,348