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%13.2%
1 years$297,285$294,637$292,053$289,531$287,069$283,247
2 years$147,171$144,430$141,773$139,198$136,700$132,855
3 years$97,139$94,386$91,737$89,185$86,728$82,980
4 years$72,128$69,384$66,761$64,253$61,855$58,233
5 years$57,126$54,398$51,809$49,352$47,021$43,536
6 years$47,127$44,420$41,869$39,468$37,206$33,862
7 years$39,988$37,304$34,794$32,448$30,259$27,056
8 years$34,637$31,976$29,508$27,220$25,102$22,041
9 years$30,476$27,841$25,415$23,186$21,140$18,218
10 years$27,150$24,541$22,157$19,986$18,012$15,229
11 years$24,430$21,847$19,507$17,394$15,491$12,843
12 years$22,165$19,609$17,312$15,257$13,424$10,908
13 years$20,251$17,721$15,467$13,470$11,706$9,319
14 years$18,611$16,107$13,897$11,957$10,262$8,000
15 years$17,191$14,714$12,547$10,663$9,035$6,895
16 years$15,949$13,500$11,376$9,548$7,985$5,963
17 years$14,855$12,433$10,352$8,579$7,080$5,171
18 years$13,884$11,489$9,450$7,731$6,295$4,496
19 years$13,016$10,648$8,651$6,986$5,611$3,917
20 years$12,235$9,894$7,939$6,327$5,012$3,418
21 years$11,530$9,216$7,303$5,742$4,485$2,988
22 years$10,890$8,603$6,731$5,221$4,020$2,615
23 years$10,306$8,046$6,214$4,755$3,609$2,291
24 years$9,772$7,539$5,747$4,337$3,244$2,010
25 years$9,281$7,075$5,323$3,960$2,919$1,764
26 years$8,829$6,649$4,937$3,621$2,629$1,550
27 years$8,411$6,258$4,584$3,315$2,371$1,363
28 years$8,024$5,897$4,262$3,037$2,139$1,199
29 years$7,664$5,563$3,966$2,785$1,931$1,055
30 years$7,328$5,253$3,694$2,556$1,745$929
31 years$7,015$4,966$3,444$2,347$1,578$818
32 years$6,722$4,699$3,213$2,157$1,427$721
33 years$6,447$4,450$3,000$1,984$1,292$636
34 years$6,189$4,218$2,803$1,825$1,169$560
35 years$5,946$4,000$2,621$1,680$1,059$494
36 years$5,718$3,797$2,452$1,547$960$436
37 years$5,502$3,606$2,295$1,426$870$384
38 years$5,298$3,427$2,149$1,314$789$339
39 years$5,105$3,259$2,013$1,212$715$299
40 years$4,922$3,101$1,887$1,118$649$264
41 years$4,748$2,951$1,770$1,031$588$233
42 years$4,583$2,811$1,660$952$534$206
43 years$4,427$2,678$1,558$878$485$182
44 years$4,277$2,553$1,462$811$440$160
45 years$4,135$2,434$1,373$749$399$142
46 years$3,999$2,322$1,289$692$363$125
47 years$3,870$2,216$1,211$639$329$110
48 years$3,746$2,116$1,138$591$299$98
49 years$3,628$2,020$1,070$546$272$86
50 years$3,515$1,930$1,006$505$247$76

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 $6,824 every year, while hoping to spend $36,593 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: 31/47/22 Blend
71$3,600,000$3,600,000$3,600,000$3,600,000
72$3,974,239$3,783,439$3,727,639$4,070,145
73$4,340,677$3,929,893$3,813,580$4,289,925
74$4,743,265$4,082,296$3,901,174$4,522,589
75$5,185,651$4,240,903$3,990,437$4,772,289
76$5,671,857$4,405,976$4,081,386$5,040,533
77$6,206,309$4,577,792$4,174,035$5,328,972
78$6,793,887$4,756,638$4,268,400$5,639,419
79$7,439,966$4,942,815$4,364,493$5,973,861
80$8,150,467$5,136,638$4,462,329$6,334,479
81$8,931,916$5,338,435$4,561,918$6,723,668
82$9,791,501$5,548,547$4,663,272$7,144,053
83$10,737,142$5,767,334$4,766,399$7,598,520
84$11,777,566$5,995,169$4,871,309$8,090,236
85$12,922,388$6,232,443$4,978,009$8,622,681
86$14,182,203$6,479,564$5,086,503$9,199,676
87$15,568,683$6,736,958$5,196,797$9,825,419
88$17,094,691$7,005,072$5,308,892$10,504,527
89$18,774,399$7,284,370$5,422,789$11,242,069
90$20,623,423$7,575,339$5,538,487$12,043,620
91$22,658,969$7,878,487$5,655,984$12,915,309
92$24,899,998$8,194,347$5,775,273$13,863,873
93$27,367,401$8,523,473$5,896,348$14,896,722
94$30,084,198$8,866,446$6,019,198$16,022,004
95$33,075,756$9,223,871$6,143,811$17,248,681
96$36,370,027$9,596,385$6,270,172$18,586,611
97$39,997,811$9,984,648$6,398,264$20,046,640
98$43,993,046$10,389,355$6,528,064$21,640,697
99$48,393,133$10,811,229$6,659,551$23,381,913
100$53,239,281$11,251,029$6,792,695$25,284,732