Can I retire at age 72 with 3,900,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$322,058$319,190$316,391$313,659$310,991$301,157
2 years$159,435$156,466$153,588$150,798$148,091$138,272
3 years$105,234$102,252$99,381$96,617$93,955$84,460
4 years$78,139$75,166$72,324$69,607$67,010$57,911
5 years$61,886$58,931$56,127$53,465$50,940$42,261
6 years$51,055$48,122$45,359$42,757$40,307$32,057
7 years$43,321$40,412$37,693$35,153$32,780$24,958
8 years$37,523$34,641$31,967$29,489$27,194$19,794
9 years$33,016$30,161$27,533$25,118$22,902$15,915
10 years$29,412$26,586$24,004$21,652$19,513$12,930
11 years$26,466$23,668$21,133$18,843$16,782$10,590
12 years$24,013$21,243$18,755$16,528$14,543$8,730
13 years$21,938$19,197$16,756$14,592$12,682$7,233
14 years$20,161$17,450$15,055$12,953$11,117$6,017
15 years$18,623$15,941$13,593$11,552$9,788$5,023
16 years$17,278$14,625$12,324$10,343$8,651$4,204
17 years$16,093$13,469$11,214$9,294$7,670$3,527
18 years$15,041$12,446$10,237$8,375$6,820$2,965
19 years$14,100$11,535$9,372$7,568$6,079$2,496
20 years$13,255$10,719$8,601$6,854$5,430$2,104
21 years$12,491$9,984$7,911$6,221$4,859$1,775
22 years$11,797$9,320$7,291$5,656$4,355$1,500
23 years$11,165$8,717$6,732$5,151$3,910$1,268
24 years$10,586$8,167$6,226$4,698$3,514$1,072
25 years$10,055$7,664$5,767$4,290$3,162$908
26 years$9,565$7,203$5,348$3,923$2,848$768
27 years$9,112$6,779$4,966$3,591$2,568$651
28 years$8,692$6,388$4,617$3,290$2,317$552
29 years$8,302$6,026$4,296$3,017$2,092$467
30 years$7,939$5,691$4,002$2,769$1,891$396
31 years$7,599$5,380$3,731$2,543$1,709$336
32 years$7,282$5,091$3,481$2,337$1,546$285
33 years$6,984$4,821$3,250$2,149$1,399$242
34 years$6,705$4,569$3,037$1,977$1,267$205
35 years$6,442$4,334$2,839$1,820$1,147$174
36 years$6,194$4,113$2,656$1,676$1,040$148
37 years$5,960$3,907$2,486$1,545$942$125
38 years$5,739$3,713$2,328$1,424$854$106
39 years$5,530$3,531$2,181$1,313$775$90
40 years$5,332$3,359$2,044$1,211$703$77
41 years$5,144$3,197$1,917$1,117$637$65
42 years$4,965$3,045$1,798$1,031$578$55
43 years$4,795$2,901$1,687$952$525$47
44 years$4,634$2,766$1,584$879$477$40
45 years$4,480$2,637$1,487$812$433$34
46 years$4,333$2,516$1,397$750$393$29
47 years$4,193$2,401$1,312$693$357$24
48 years$4,059$2,292$1,233$640$324$21
49 years$3,930$2,189$1,159$591$294$18
50 years$3,808$2,091$1,090$547$267$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $3,900,000, adding $2,420 every year, while hoping to spend $30,790 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: 43/30/27 Blend
71$3,900,000$3,900,000$3,900,000$3,900,000
72$4,300,296$4,093,596$4,033,146$4,451,254
73$4,706,166$4,261,422$4,135,496$4,727,338
74$5,152,403$4,436,440$4,240,243$5,023,168
75$5,643,091$4,618,968$4,347,435$5,343,111
76$6,182,732$4,809,343$4,457,119$5,689,417
77$6,776,283$5,007,914$4,569,345$6,064,560
78$7,429,208$5,215,046$4,684,163$6,471,258
79$8,147,527$5,431,122$4,801,622$6,912,498
80$8,937,871$5,656,544$4,921,772$7,391,562
81$9,807,548$5,891,729$5,044,666$7,912,059
82$10,764,610$6,137,115$5,170,354$8,477,957
83$11,817,928$6,393,161$5,298,888$9,093,619
84$12,977,277$6,660,347$5,430,321$9,763,843
85$14,253,428$6,939,172$5,564,706$10,493,903
86$15,658,249$7,230,163$5,702,095$11,289,606
87$17,204,817$7,533,868$5,842,542$12,157,334
88$18,907,543$7,850,862$5,986,102$13,104,113
89$20,782,303$8,181,745$6,132,827$14,137,670
90$22,846,594$8,527,147$6,282,772$15,266,509
91$25,119,694$8,887,724$6,435,993$16,499,987
92$27,622,847$9,264,167$6,592,543$17,848,404
93$30,379,461$9,657,195$6,752,477$19,323,094
94$33,415,331$10,067,562$6,915,850$20,936,532
95$36,758,880$10,496,059$7,082,716$22,702,451
96$40,441,430$10,943,509$7,253,131$24,635,968
97$44,497,494$11,410,779$7,427,149$26,753,726
98$48,965,104$11,898,773$7,604,824$29,074,045
99$53,886,170$12,408,438$7,786,211$31,617,100
100$59,306,873$12,940,765$7,971,363$34,405,099