Can I retire at age 72 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$338,574$335,558$332,616$329,744$326,940$320,601
2 years$167,611$164,489$161,464$158,531$155,686$149,325
3 years$110,631$107,496$104,478$101,572$98,773$92,589
4 years$82,146$79,021$76,033$73,177$70,446$64,486
5 years$65,060$61,953$59,005$56,207$53,552$47,833
6 years$53,673$50,589$47,685$44,949$42,374$36,903
7 years$45,542$42,485$39,626$36,955$34,461$29,239
8 years$39,447$36,417$33,606$31,001$28,589$23,614
9 years$34,709$31,708$28,945$26,406$24,076$19,346
10 years$30,921$27,949$25,235$22,762$20,514$16,023
11 years$27,823$24,881$22,216$19,810$17,643$13,386
12 years$25,244$22,332$19,716$17,376$15,289$11,261
13 years$23,063$20,182$17,615$15,340$13,332$9,526
14 years$21,195$18,345$15,827$13,617$11,687$8,095
15 years$19,578$16,758$14,290$12,144$10,290$6,906
16 years$18,165$15,375$12,956$10,874$9,094$5,910
17 years$16,918$14,160$11,790$9,770$8,064$5,071
18 years$15,812$13,085$10,762$8,805$7,170$4,361
19 years$14,823$12,127$9,852$7,956$6,391$3,757
20 years$13,935$11,269$9,042$7,206$5,708$3,243
21 years$13,132$10,496$8,317$6,540$5,108$2,802
22 years$12,402$9,798$7,665$5,946$4,579$2,425
23 years$11,738$9,164$7,078$5,415$4,110$2,100
24 years$11,129$8,586$6,546$4,939$3,694$1,821
25 years$10,570$8,057$6,062$4,510$3,324$1,579
26 years$10,055$7,573$5,623$4,124$2,994$1,371
27 years$9,579$7,127$5,221$3,775$2,700$1,191
28 years$9,138$6,716$4,854$3,459$2,436$1,035
29 years$8,728$6,335$4,517$3,172$2,200$900
30 years$8,346$5,983$4,207$2,911$1,988$783
31 years$7,989$5,656$3,922$2,673$1,797$681
32 years$7,655$5,352$3,660$2,457$1,625$592
33 years$7,342$5,068$3,417$2,259$1,471$516
34 years$7,049$4,803$3,193$2,079$1,332$449
35 years$6,772$4,556$2,985$1,914$1,206$391
36 years$6,512$4,324$2,792$1,762$1,093$341
37 years$6,266$4,107$2,614$1,624$991$297
38 years$6,034$3,903$2,447$1,497$898$258
39 years$5,814$3,712$2,293$1,380$814$225
40 years$5,605$3,531$2,149$1,273$739$196
41 years$5,408$3,361$2,015$1,174$670$171
42 years$5,220$3,201$1,890$1,084$608$149
43 years$5,041$3,050$1,774$1,000$552$130
44 years$4,871$2,907$1,665$924$501$113
45 years$4,709$2,773$1,563$853$455$99
46 years$4,555$2,645$1,468$788$413$86
47 years$4,408$2,524$1,380$728$375$75
48 years$4,267$2,410$1,296$673$341$65
49 years$4,132$2,301$1,219$622$309$57
50 years$4,003$2,198$1,146$575$281$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $4,100,000, adding $2,313 every year, while hoping to spend $43,327 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: 77/6/17 Blend
71$4,100,000$4,100,000$4,100,000$4,100,000
72$4,520,586$4,303,286$4,239,736$4,851,439
73$4,935,586$4,468,047$4,335,667$5,235,035
74$5,391,464$4,639,430$4,433,361$5,649,943
75$5,892,344$4,817,712$4,532,829$6,103,787
76$6,442,768$5,003,186$4,634,084$6,600,443
77$7,047,742$5,196,153$4,737,137$7,144,178
78$7,712,780$5,396,932$4,841,999$7,739,693
79$8,443,955$5,605,854$4,948,678$8,392,165
80$9,247,961$5,823,264$5,057,181$9,107,296
81$10,132,172$6,049,522$5,167,515$9,891,367
82$11,104,711$6,285,006$5,279,685$10,751,296
83$12,174,529$6,530,109$5,393,692$11,694,705
84$13,351,489$6,785,242$5,509,538$12,729,986
85$14,646,456$7,050,834$5,627,223$13,866,389
86$16,071,403$7,327,334$5,746,743$15,114,099
87$17,639,521$7,615,208$5,868,094$16,484,339
88$19,365,345$7,914,946$5,991,268$17,989,472
89$21,264,891$8,227,060$6,116,257$19,643,119
90$23,355,806$8,552,082$6,243,047$21,460,285
91$25,657,534$8,890,569$6,371,625$23,457,502
92$28,191,500$9,243,105$6,501,972$25,652,985
93$30,981,313$9,610,297$6,634,069$28,066,801
94$34,052,987$9,992,782$6,767,890$30,721,060
95$37,435,186$10,391,223$6,903,409$33,640,122
96$41,159,497$10,806,314$7,040,595$36,850,828
97$45,260,724$11,238,782$7,179,413$40,382,750
98$49,777,219$11,689,384$7,319,825$44,268,474
99$54,751,244$12,158,912$7,461,787$48,543,902
100$60,229,367$12,648,194$7,605,253$53,248,594