Can I retire at age 72 with 2,750,000?

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 $2,750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$227,092$225,070$223,096$221,170$219,289$215,834
2 years$112,422$110,328$108,299$106,332$104,423$100,951
3 years$74,204$72,101$70,077$68,128$66,250$62,869
4 years$55,098$53,002$50,998$49,082$47,250$43,987
5 years$43,638$41,554$39,576$37,700$35,919$32,782
6 years$36,000$33,932$31,984$30,149$28,421$25,415
7 years$30,547$28,496$26,579$24,787$23,114$20,239
8 years$26,458$24,426$22,541$20,793$19,175$16,430
9 years$23,280$21,268$19,414$17,711$16,149$13,533
10 years$20,740$18,746$16,926$15,267$13,759$11,271
11 years$18,662$16,689$14,901$13,287$11,834$9,469
12 years$16,932$14,979$13,224$11,655$10,255$8,012
13 years$15,469$13,537$11,815$10,289$8,942$6,818
14 years$14,216$12,304$10,616$9,134$7,839$5,830
15 years$13,132$11,240$9,585$8,146$6,902$5,004
16 years$12,184$10,313$8,690$7,293$6,100$4,309
17 years$11,348$9,498$7,908$6,553$5,409$3,721
18 years$10,606$8,776$7,219$5,906$4,809$3,221
19 years$9,943$8,134$6,608$5,336$4,286$2,794
20 years$9,346$7,558$6,065$4,833$3,829$2,428
21 years$8,808$7,040$5,578$4,386$3,426$2,112
22 years$8,319$6,572$5,141$3,988$3,071$1,840
23 years$7,873$6,146$4,747$3,632$2,757$1,605
24 years$7,465$5,759$4,390$3,313$2,478$1,401
25 years$7,090$5,404$4,066$3,025$2,230$1,224
26 years$6,744$5,079$3,771$2,766$2,008$1,071
27 years$6,425$4,780$3,502$2,532$1,811$937
28 years$6,129$4,504$3,256$2,320$1,634$820
29 years$5,854$4,249$3,030$2,127$1,475$718
30 years$5,598$4,013$2,822$1,952$1,333$629
31 years$5,359$3,794$2,631$1,793$1,205$552
32 years$5,135$3,590$2,455$1,648$1,090$484
33 years$4,925$3,399$2,292$1,515$987$424
34 years$4,728$3,222$2,141$1,394$893$372
35 years$4,542$3,056$2,002$1,284$809$326
36 years$4,368$2,900$1,873$1,182$733$286
37 years$4,203$2,755$1,753$1,089$664$251
38 years$4,047$2,618$1,642$1,004$602$221
39 years$3,899$2,489$1,538$926$546$194
40 years$3,760$2,369$1,442$854$495$170
41 years$3,627$2,255$1,352$788$449$149
42 years$3,501$2,147$1,268$727$408$131
43 years$3,381$2,046$1,190$671$370$115
44 years$3,267$1,950$1,117$620$336$101
45 years$3,159$1,860$1,049$572$305$89
46 years$3,055$1,774$985$529$277$78
47 years$2,956$1,693$925$488$251$69
48 years$2,862$1,616$870$451$228$60
49 years$2,771$1,543$817$417$207$53
50 years$2,685$1,474$768$385$188$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $2,750,000, adding $2,866 every year, while hoping to spend $52,762 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: 60/16/24 Blend
71$2,750,000$2,750,000$2,750,000$2,750,000
72$3,033,456$2,887,706$2,845,081$3,195,860
73$3,286,730$2,973,066$2,884,253$3,391,923
74$3,564,070$3,060,839$2,922,969$3,599,771
75$3,867,875$3,151,089$2,961,158$3,825,407
76$4,200,786$3,243,880$2,998,744$4,070,570
77$4,565,713$3,339,277$3,035,649$4,337,175
78$4,965,860$3,437,347$3,071,788$4,627,330
79$5,404,758$3,538,157$3,107,073$4,943,361
80$5,886,293$3,641,777$3,141,410$5,287,825
81$6,414,748$3,748,277$3,174,700$5,663,540
82$6,994,839$3,857,729$3,206,839$6,073,613
83$7,631,761$3,970,206$3,237,717$6,521,464
84$8,331,238$4,085,784$3,267,218$7,010,860
85$9,099,575$4,204,537$3,295,220$7,545,953
86$9,943,716$4,326,544$3,321,594$8,131,316
87$10,871,313$4,451,883$3,346,205$8,771,989
88$11,890,795$4,580,633$3,368,911$9,473,522
89$13,011,448$4,712,876$3,389,562$10,242,033
90$14,243,504$4,848,695$3,408,000$11,084,261
91$15,598,233$4,988,173$3,424,060$12,007,632
92$17,088,054$5,131,394$3,437,567$13,020,329
93$18,726,649$5,278,446$3,448,339$14,131,367
94$20,529,092$5,429,415$3,456,184$15,350,680
95$22,511,993$5,584,390$3,460,900$16,689,216
96$24,693,651$5,743,460$3,462,275$18,159,038
97$27,094,230$5,906,716$3,460,087$19,773,437
98$29,735,945$6,074,249$3,454,104$21,547,060
99$32,643,275$6,246,151$3,444,080$23,496,049
100$35,843,193$6,422,516$3,429,760$25,638,189