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%15.5%
1 years$218,835$216,885$214,983$213,127$211,315$206,542
2 years$108,334$106,316$104,361$102,465$100,626$95,843
3 years$71,505$69,479$67,528$65,650$63,841$59,198
4 years$53,094$51,074$49,143$47,297$45,532$41,063
5 years$42,051$40,043$38,137$36,329$34,613$30,332
6 years$34,691$32,698$30,821$29,053$27,388$23,299
7 years$29,436$27,460$25,612$23,886$22,274$18,377
8 years$25,496$23,538$21,721$20,037$18,478$14,773
9 years$22,434$20,494$18,708$17,067$15,561$12,045
10 years$19,985$18,065$16,310$14,712$13,259$9,927
11 years$17,983$16,082$14,359$12,804$11,403$8,251
12 years$16,316$14,434$12,744$11,231$9,882$6,905
13 years$14,907$13,044$11,386$9,915$8,617$5,810
14 years$13,699$11,857$10,230$8,801$7,554$4,911
15 years$12,654$10,831$9,236$7,849$6,651$4,166
16 years$11,740$9,938$8,374$7,028$5,878$3,545
17 years$10,935$9,152$7,620$6,315$5,212$3,024
18 years$10,220$8,457$6,956$5,691$4,634$2,586
19 years$9,581$7,838$6,368$5,142$4,131$2,215
20 years$9,007$7,283$5,844$4,657$3,689$1,900
21 years$8,487$6,784$5,376$4,227$3,302$1,632
22 years$8,016$6,333$4,954$3,843$2,959$1,403
23 years$7,587$5,923$4,575$3,500$2,657$1,208
24 years$7,193$5,549$4,231$3,192$2,388$1,041
25 years$6,832$5,208$3,918$2,915$2,149$897
26 years$6,499$4,895$3,634$2,666$1,935$774
27 years$6,192$4,606$3,375$2,440$1,745$668
28 years$5,906$4,341$3,137$2,235$1,575$576
29 years$5,641$4,095$2,919$2,050$1,422$498
30 years$5,394$3,867$2,719$1,881$1,285$430
31 years$5,164$3,656$2,535$1,728$1,161$372
32 years$4,948$3,459$2,365$1,588$1,051$321
33 years$4,746$3,276$2,209$1,460$951$278
34 years$4,556$3,105$2,064$1,344$861$240
35 years$4,377$2,945$1,929$1,237$780$208
36 years$4,209$2,795$1,805$1,139$706$180
37 years$4,050$2,655$1,689$1,050$640$156
38 years$3,900$2,523$1,582$967$580$135
39 years$3,758$2,399$1,482$892$526$116
40 years$3,623$2,282$1,389$823$477$101
41 years$3,495$2,173$1,303$759$433$87
42 years$3,374$2,069$1,222$701$393$75
43 years$3,258$1,971$1,147$647$357$65
44 years$3,149$1,879$1,076$597$324$57
45 years$3,044$1,792$1,011$551$294$49
46 years$2,944$1,710$949$509$267$42
47 years$2,849$1,631$892$471$242$37
48 years$2,758$1,557$838$435$220$32
49 years$2,671$1,487$788$402$200$27
50 years$2,587$1,421$740$371$182$24

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 $5,519 every year, while hoping to spend $53,838 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: 51/26/23 Blend
71$2,650,000$2,650,000$2,650,000$2,650,000
72$2,925,993$2,785,543$2,744,468$3,056,157
73$3,167,161$2,864,751$2,779,124$3,226,103
74$3,431,124$2,946,036$2,813,137$3,404,841
75$3,720,149$3,029,443$2,846,429$3,598,076
76$4,036,736$3,115,017$2,878,915$3,807,204
77$4,383,634$3,202,804$2,910,510$4,033,765
78$4,763,872$3,292,849$2,941,120$4,279,450
79$5,180,788$3,385,200$2,970,648$4,546,124
80$5,638,056$3,479,902$2,998,993$4,835,842
81$6,139,724$3,577,003$3,026,044$5,150,865
82$6,690,249$3,676,549$3,051,690$5,493,685
83$7,294,542$3,778,588$3,075,809$5,867,046
84$7,958,012$3,883,166$3,098,276$6,273,971
85$8,686,618$3,990,330$3,118,957$6,717,790
86$9,486,925$4,100,127$3,137,713$7,202,173
87$10,366,161$4,212,604$3,154,397$7,731,160
88$11,332,295$4,327,807$3,168,855$8,309,205
89$12,394,101$4,445,781$3,180,923$8,941,214
90$13,561,247$4,566,573$3,190,432$9,632,594
91$14,844,385$4,690,225$3,197,203$10,389,299
92$16,255,250$4,816,784$3,201,046$11,217,893
93$17,806,770$4,946,291$3,201,766$12,125,607
94$19,513,190$5,078,789$3,199,155$13,120,409
95$21,390,204$5,214,318$3,192,995$14,211,079
96$23,455,104$5,352,918$3,183,059$15,407,293
97$25,726,940$5,494,627$3,169,107$16,719,711
98$28,226,706$5,639,482$3,150,890$18,160,081
99$30,977,530$5,787,516$3,128,145$19,741,352
100$34,004,896$5,938,763$3,100,596$21,477,787