Can I retire at age 72 with 5,400,000?

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 $5,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$445,927$441,955$438,080$434,297$430,604$416,154
2 years$220,756$216,645$212,660$208,797$205,049$190,634
3 years$145,709$141,580$137,605$133,778$130,092$116,163
4 years$108,192$104,076$100,141$96,380$92,783$79,448
5 years$85,689$81,597$77,714$74,029$70,532$57,826
6 years$70,691$66,630$62,804$59,201$55,809$43,743
7 years$59,983$55,956$52,191$48,673$45,388$33,959
8 years$51,955$47,964$44,262$40,830$37,654$26,853
9 years$45,714$41,762$38,123$34,778$31,710$21,525
10 years$40,725$36,811$33,236$29,979$27,018$17,433
11 years$36,645$32,771$29,261$26,091$23,237$14,233
12 years$33,248$29,413$25,968$22,885$20,136$11,693
13 years$30,376$26,581$23,201$20,204$17,559$9,655
14 years$27,916$24,161$20,846$17,935$15,392$8,004
15 years$25,786$22,072$18,821$15,995$13,553$6,658
16 years$23,924$20,250$17,064$14,322$11,978$5,553
17 years$22,283$18,650$15,528$12,868$10,620$4,641
18 years$20,826$17,233$14,175$11,597$9,443$3,887
19 years$19,523$15,972$12,976$10,479$8,417$3,260
20 years$18,353$14,842$11,909$9,490$7,518$2,737
21 years$17,295$13,824$10,954$8,613$6,728$2,301
22 years$16,335$12,905$10,096$7,831$6,031$1,936
23 years$15,459$12,069$9,322$7,132$5,413$1,630
24 years$14,658$11,308$8,621$6,505$4,866$1,374
25 years$13,922$10,612$7,985$5,941$4,378$1,158
26 years$13,244$9,974$7,405$5,432$3,944$976
27 years$12,617$9,386$6,877$4,972$3,556$824
28 years$12,035$8,845$6,393$4,555$3,208$695
29 years$11,495$8,344$5,949$4,177$2,897$587
30 years$10,992$7,880$5,541$3,834$2,618$495
31 years$10,522$7,449$5,166$3,521$2,367$418
32 years$10,083$7,049$4,820$3,236$2,141$353
33 years$9,671$6,675$4,500$2,976$1,937$298
34 years$9,284$6,326$4,205$2,738$1,754$252
35 years$8,920$6,001$3,931$2,520$1,589$213
36 years$8,576$5,695$3,678$2,321$1,440$180
37 years$8,253$5,409$3,442$2,139$1,305$152
38 years$7,947$5,141$3,223$1,971$1,183$129
39 years$7,657$4,888$3,020$1,818$1,073$109
40 years$7,383$4,651$2,831$1,676$973$92
41 years$7,122$4,427$2,654$1,547$883$78
42 years$6,875$4,216$2,490$1,427$801$66
43 years$6,640$4,017$2,336$1,318$727$55
44 years$6,416$3,829$2,193$1,217$660$47
45 years$6,203$3,652$2,059$1,124$599$40
46 years$5,999$3,484$1,934$1,038$544$33
47 years$5,805$3,324$1,817$959$494$28
48 years$5,619$3,174$1,707$886$448$24
49 years$5,442$3,031$1,605$819$407$20
50 years$5,272$2,895$1,509$757$370$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $5,400,000, adding $6,066 every year, while hoping to spend $56,378 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: 34/41/25 Blend
71$5,400,000$5,400,000$5,400,000$5,400,000
72$5,957,057$5,670,857$5,587,157$6,114,156
73$6,504,691$5,888,743$5,714,341$6,450,098
74$7,106,294$6,115,416$5,843,896$6,806,590
75$7,767,312$6,351,247$5,975,842$7,189,903
76$8,493,743$6,596,624$6,110,198$7,602,457
77$9,292,196$6,851,950$6,246,981$8,046,907
78$10,169,952$7,117,647$6,386,207$8,526,166
79$11,135,033$7,394,158$6,527,891$9,043,434
80$12,196,276$7,681,941$6,672,045$9,602,223
81$13,363,418$7,981,478$6,818,681$10,206,391
82$14,647,188$8,293,271$6,967,807$10,860,176
83$16,059,403$8,617,844$7,119,431$11,568,234
84$17,613,088$8,955,744$7,273,557$12,335,681
85$19,322,591$9,307,544$7,430,190$13,168,141
86$21,203,722$9,673,840$7,589,327$14,071,793
87$23,273,900$10,055,257$7,750,969$15,053,434
88$25,552,320$10,452,446$7,915,108$16,120,533
89$28,060,129$10,866,089$8,081,737$17,281,305
90$30,820,631$11,296,896$8,250,844$18,544,786
91$33,859,504$11,745,612$8,422,415$19,920,910
92$37,205,039$12,213,013$8,596,432$21,420,610
93$40,888,412$12,699,910$8,772,872$23,055,908
94$44,943,976$13,207,151$8,951,709$24,840,036
95$49,409,583$13,735,623$9,132,913$26,787,547
96$54,326,944$14,286,252$9,316,449$28,914,461
97$59,742,020$14,860,006$9,502,277$31,238,404
98$65,705,455$15,457,896$9,690,353$33,778,776
99$72,273,059$16,080,979$9,880,627$36,556,929
100$79,506,325$16,730,362$10,073,042$39,596,365