Can I retire at age 72 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$297,285$294,637$292,053$289,531$287,069$283,835
2 years$147,171$144,430$141,773$139,198$136,700$133,444
3 years$97,139$94,386$91,737$89,185$86,728$83,551
4 years$72,128$69,384$66,761$64,253$61,855$58,782
5 years$57,126$54,398$51,809$49,352$47,021$44,061
6 years$47,127$44,420$41,869$39,468$37,206$34,363
7 years$39,988$37,304$34,794$32,448$30,259$27,533
8 years$34,637$31,976$29,508$27,220$25,102$22,494
9 years$30,476$27,841$25,415$23,186$21,140$18,648
10 years$27,150$24,541$22,157$19,986$18,012$15,635
11 years$24,430$21,847$19,507$17,394$15,491$13,227
12 years$22,165$19,609$17,312$15,257$13,424$11,270
13 years$20,251$17,721$15,467$13,470$11,706$9,660
14 years$18,611$16,107$13,897$11,957$10,262$8,320
15 years$17,191$14,714$12,547$10,663$9,035$7,195
16 years$15,949$13,500$11,376$9,548$7,985$6,244
17 years$14,855$12,433$10,352$8,579$7,080$5,434
18 years$13,884$11,489$9,450$7,731$6,295$4,741
19 years$13,016$10,648$8,651$6,986$5,611$4,146
20 years$12,235$9,894$7,939$6,327$5,012$3,631
21 years$11,530$9,216$7,303$5,742$4,485$3,186
22 years$10,890$8,603$6,731$5,221$4,020$2,799
23 years$10,306$8,046$6,214$4,755$3,609$2,462
24 years$9,772$7,539$5,747$4,337$3,244$2,168
25 years$9,281$7,075$5,323$3,960$2,919$1,911
26 years$8,829$6,649$4,937$3,621$2,629$1,685
27 years$8,411$6,258$4,584$3,315$2,371$1,488
28 years$8,024$5,897$4,262$3,037$2,139$1,314
29 years$7,664$5,563$3,966$2,785$1,931$1,161
30 years$7,328$5,253$3,694$2,556$1,745$1,026
31 years$7,015$4,966$3,444$2,347$1,578$908
32 years$6,722$4,699$3,213$2,157$1,427$803
33 years$6,447$4,450$3,000$1,984$1,292$711
34 years$6,189$4,218$2,803$1,825$1,169$629
35 years$5,946$4,000$2,621$1,680$1,059$557
36 years$5,718$3,797$2,452$1,547$960$494
37 years$5,502$3,606$2,295$1,426$870$437
38 years$5,298$3,427$2,149$1,314$789$388
39 years$5,105$3,259$2,013$1,212$715$344
40 years$4,922$3,101$1,887$1,118$649$304
41 years$4,748$2,951$1,770$1,031$588$270
42 years$4,583$2,811$1,660$952$534$239
43 years$4,427$2,678$1,558$878$485$212
44 years$4,277$2,553$1,462$811$440$188
45 years$4,135$2,434$1,373$749$399$167
46 years$3,999$2,322$1,289$692$363$148
47 years$3,870$2,216$1,211$639$329$131
48 years$3,746$2,116$1,138$591$299$116
49 years$3,628$2,020$1,070$546$272$103
50 years$3,515$1,930$1,006$505$247$92

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $3,600,000, adding $3,450 every year, while hoping to spend $49,374 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: 62/17/21 Blend
71$3,600,000$3,600,000$3,600,000$3,600,000
72$3,970,759$3,779,959$3,724,159$4,195,054
73$4,323,243$3,912,643$3,796,384$4,479,632
74$4,710,025$4,050,174$3,869,375$4,784,394
75$5,134,552$4,192,737$3,943,104$5,116,007
76$5,600,620$4,340,526$4,017,542$5,477,093
77$6,112,412$4,493,739$4,092,657$5,870,537
78$6,674,532$4,652,587$4,168,416$6,299,517
79$7,292,056$4,817,286$4,244,780$6,767,531
80$7,970,575$4,988,062$4,321,709$7,278,429
81$8,716,246$5,165,149$4,399,159$7,836,453
82$9,535,855$5,348,794$4,477,082$8,446,271
83$10,436,877$5,539,249$4,555,429$9,113,025
84$11,427,546$5,736,780$4,634,144$9,842,376
85$12,516,936$5,941,662$4,713,168$10,640,562
86$13,715,043$6,154,183$4,792,438$11,514,448
87$15,032,880$6,374,641$4,871,888$12,471,600
88$16,482,582$6,603,347$4,951,444$13,520,347
89$18,077,519$6,840,624$5,031,031$14,669,865
90$19,832,421$7,086,809$5,110,565$15,930,262
91$21,763,520$7,342,255$5,189,961$17,312,671
92$23,888,698$7,607,325$5,269,124$18,829,357
93$26,227,662$7,882,400$5,347,956$20,493,828
94$28,802,123$8,167,877$5,426,352$22,320,968
95$31,636,005$8,464,168$5,504,200$24,327,173
96$34,755,669$8,771,704$5,581,383$26,530,504
97$38,190,161$9,090,932$5,657,773$28,950,859
98$41,971,489$9,422,319$5,733,240$31,610,162
99$46,134,918$9,766,350$5,807,641$34,532,565
100$50,719,312$10,123,533$5,880,829$37,744,678