Can I retire at age 72 with 8,100,000?

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 $8,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$668,890$662,932$657,119$651,446$645,905$640,226
2 years$331,134$324,967$318,990$313,195$307,574$301,851
3 years$218,563$212,369$206,408$200,667$195,138$189,548
4 years$162,289$156,114$150,212$144,569$139,174$133,761
5 years$128,533$122,395$116,571$111,043$105,798$100,578
6 years$106,036$99,945$94,206$88,802$83,714$78,693
7 years$89,974$83,934$78,286$73,009$68,082$63,263
8 years$77,932$71,947$66,393$61,245$56,481$51,863
9 years$68,572$62,642$57,184$52,168$47,565$43,147
10 years$61,087$55,216$49,854$44,969$40,528$36,307
11 years$54,968$49,156$43,891$39,136$34,855$30,828
12 years$49,872$44,120$38,952$34,328$30,205$26,368
13 years$45,564$39,871$34,801$30,306$26,339$22,688
14 years$41,874$36,242$31,269$26,903$23,089$19,619
15 years$38,679$33,108$28,232$23,992$20,329$17,036
16 years$35,886$30,376$25,596$21,483$17,967$14,845
17 years$33,424$27,975$23,291$19,302$15,931$12,974
18 years$31,239$25,850$21,262$17,395$14,165$11,368
19 years$29,285$23,957$19,464$15,718$12,625$9,983
20 years$27,529$22,262$17,863$14,236$11,277$8,783
21 years$25,943$20,737$16,431$12,920$10,092$7,740
22 years$24,502$19,357$15,144$11,747$9,046$6,831
23 years$23,189$18,104$13,983$10,698$8,120$6,036
24 years$21,987$16,962$12,931$9,757$7,299$5,340
25 years$20,883$15,918$11,977$8,911$6,568$4,728
26 years$19,866$14,961$11,108$8,148$5,916$4,190
27 years$18,925$14,080$10,315$7,458$5,334$3,716
28 years$18,053$13,267$9,589$6,833$4,813$3,298
29 years$17,243$12,516$8,923$6,266$4,346$2,929
30 years$16,488$11,820$8,312$5,751$3,927$2,602
31 years$15,783$11,174$7,749$5,281$3,550$2,313
32 years$15,124$10,573$7,230$4,854$3,211$2,056
33 years$14,506$10,013$6,751$4,463$2,906$1,829
34 years$13,925$9,490$6,307$4,107$2,631$1,628
35 years$13,379$9,001$5,897$3,781$2,383$1,449
36 years$12,865$8,543$5,516$3,482$2,159$1,290
37 years$12,379$8,114$5,163$3,208$1,957$1,148
38 years$11,920$7,711$4,835$2,957$1,774$1,023
39 years$11,486$7,333$4,530$2,726$1,609$911
40 years$11,074$6,976$4,246$2,515$1,459$812
41 years$10,683$6,641$3,981$2,320$1,324$723
42 years$10,312$6,325$3,735$2,141$1,201$645
43 years$9,960$6,026$3,504$1,977$1,090$574
44 years$9,624$5,744$3,290$1,825$990$512
45 years$9,304$5,477$3,089$1,685$898$456
46 years$8,999$5,225$2,901$1,557$816$407
47 years$8,708$4,987$2,726$1,438$741$363
48 years$8,429$4,760$2,561$1,329$673$323
49 years$8,163$4,546$2,407$1,228$611$288
50 years$7,908$4,342$2,263$1,135$555$257

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $8,100,000, adding $6,976 every year, while hoping to spend $20,060 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: 71/10/19 Blend
71$8,100,000$8,100,000$8,100,000$8,100,000
72$8,933,396$8,504,096$8,378,546$9,526,398
73$9,823,258$8,899,453$8,637,883$10,317,431
74$10,803,215$9,313,510$8,905,236$11,180,158
75$11,882,433$9,747,162$9,180,852$12,124,229
76$13,071,016$10,201,348$9,464,986$13,157,698
77$14,380,097$10,677,052$9,757,900$14,289,431
78$15,821,943$11,175,303$10,059,866$15,529,186
79$17,410,073$11,697,184$10,371,163$16,887,709
80$19,159,381$12,243,828$10,692,078$18,376,830
81$21,086,284$12,816,421$11,022,908$20,009,575
82$23,208,869$13,416,210$11,363,960$21,800,289
83$25,547,069$14,044,499$11,715,548$23,764,765
84$28,122,849$14,702,659$12,077,997$25,920,397
85$30,960,413$15,392,122$12,451,643$28,286,338
86$34,086,432$16,114,393$12,836,831$30,883,683
87$37,530,299$16,871,050$13,233,916$33,735,665
88$41,324,403$17,663,745$13,643,265$36,867,870
89$45,504,435$18,494,211$14,065,258$40,308,481
90$50,109,726$19,364,266$14,500,282$44,088,538
91$55,183,618$20,275,814$14,948,741$48,242,230
92$60,773,871$21,230,853$15,411,048$52,807,219
93$66,933,118$22,231,478$15,887,631$57,824,988
94$73,719,359$23,279,883$16,378,929$63,341,235
95$81,196,506$24,378,370$16,885,396$69,406,296
96$89,434,992$25,529,352$17,407,499$76,075,625
97$98,512,432$26,735,361$17,945,721$83,410,308
98$108,514,356$27,999,049$18,500,558$91,477,643
99$119,535,015$29,323,198$19,072,522$100,351,766
100$131,678,277$30,710,724$19,662,141$110,114,355