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%13.9%
1 years$338,574$335,558$332,616$329,744$326,940$321,656
2 years$167,611$164,489$161,464$158,531$155,686$150,377
3 years$110,631$107,496$104,478$101,572$98,773$93,605
4 years$82,146$79,021$76,033$73,177$70,446$65,457
5 years$65,060$61,953$59,005$56,207$53,552$48,758
6 years$53,673$50,589$47,685$44,949$42,374$37,780
7 years$45,542$42,485$39,626$36,955$34,461$30,068
8 years$39,447$36,417$33,606$31,001$28,589$24,397
9 years$34,709$31,708$28,945$26,406$24,076$20,082
10 years$30,921$27,949$25,235$22,762$20,514$16,715
11 years$27,823$24,881$22,216$19,810$17,643$14,035
12 years$25,244$22,332$19,716$17,376$15,289$11,868
13 years$23,063$20,182$17,615$15,340$13,332$10,092
14 years$21,195$18,345$15,827$13,617$11,687$8,623
15 years$19,578$16,758$14,290$12,144$10,290$7,397
16 years$18,165$15,375$12,956$10,874$9,094$6,366
17 years$16,918$14,160$11,790$9,770$8,064$5,493
18 years$15,812$13,085$10,762$8,805$7,170$4,752
19 years$14,823$12,127$9,852$7,956$6,391$4,118
20 years$13,935$11,269$9,042$7,206$5,708$3,576
21 years$13,132$10,496$8,317$6,540$5,108$3,109
22 years$12,402$9,798$7,665$5,946$4,579$2,707
23 years$11,738$9,164$7,078$5,415$4,110$2,359
24 years$11,129$8,586$6,546$4,939$3,694$2,058
25 years$10,570$8,057$6,062$4,510$3,324$1,796
26 years$10,055$7,573$5,623$4,124$2,994$1,570
27 years$9,579$7,127$5,221$3,775$2,700$1,372
28 years$9,138$6,716$4,854$3,459$2,436$1,200
29 years$8,728$6,335$4,517$3,172$2,200$1,050
30 years$8,346$5,983$4,207$2,911$1,988$919
31 years$7,989$5,656$3,922$2,673$1,797$805
32 years$7,655$5,352$3,660$2,457$1,625$705
33 years$7,342$5,068$3,417$2,259$1,471$618
34 years$7,049$4,803$3,193$2,079$1,332$542
35 years$6,772$4,556$2,985$1,914$1,206$475
36 years$6,512$4,324$2,792$1,762$1,093$416
37 years$6,266$4,107$2,614$1,624$991$365
38 years$6,034$3,903$2,447$1,497$898$320
39 years$5,814$3,712$2,293$1,380$814$281
40 years$5,605$3,531$2,149$1,273$739$247
41 years$5,408$3,361$2,015$1,174$670$216
42 years$5,220$3,201$1,890$1,084$608$190
43 years$5,041$3,050$1,774$1,000$552$167
44 years$4,871$2,907$1,665$924$501$146
45 years$4,709$2,773$1,563$853$455$128
46 years$4,555$2,645$1,468$788$413$113
47 years$4,408$2,524$1,380$728$375$99
48 years$4,267$2,410$1,296$673$341$87
49 years$4,132$2,301$1,219$622$309$76
50 years$4,003$2,198$1,146$575$281$67

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 $2,529 every year, while hoping to spend $59,953 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: 40/49/11 Blend
71$4,100,000$4,100,000$4,100,000$4,100,000
72$4,520,809$4,303,509$4,239,959$4,686,660
73$4,918,142$4,450,591$4,318,208$4,950,850
74$5,353,993$4,602,871$4,397,069$5,230,350
75$5,832,229$4,760,540$4,476,499$5,531,371
76$6,357,107$4,923,797$4,556,452$5,855,889
77$6,933,317$5,092,848$4,636,879$6,206,071
78$7,566,026$5,267,908$4,717,724$6,584,298
79$8,260,924$5,449,200$4,798,932$6,993,188
80$9,024,282$5,636,954$4,880,440$7,435,616
81$9,863,006$5,831,412$4,962,182$7,914,743
82$10,784,704$6,032,823$5,044,087$8,434,042
83$11,797,760$6,241,447$5,126,079$8,997,335
84$12,911,407$6,457,554$5,208,079$9,608,821
85$14,135,819$6,681,423$5,289,998$10,273,120
86$15,482,207$6,913,347$5,371,747$10,995,312
87$16,962,919$7,153,627$5,453,227$11,780,986
88$18,591,561$7,402,580$5,534,335$12,636,288
89$20,383,126$7,660,531$5,614,961$13,567,985
90$22,354,129$7,927,822$5,694,986$14,583,517
91$24,522,771$8,204,806$5,774,289$15,691,075
92$26,909,102$8,491,850$5,852,736$16,899,673
93$29,535,217$8,789,337$5,930,190$18,219,229
94$32,425,459$9,097,665$6,006,501$19,660,662
95$35,606,652$9,417,246$6,081,515$21,235,993
96$39,108,351$9,748,512$6,155,067$22,958,450
97$42,963,123$10,091,910$6,226,981$24,842,599
98$47,206,852$10,447,903$6,297,076$26,904,478
99$51,879,079$10,816,978$6,365,155$29,161,741
100$57,023,371$11,199,637$6,431,014$31,633,831