Can I retire at age 72 with 9,000,000?

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 $9,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$743,212$736,591$730,133$723,828$717,673$708,705
2 years$367,927$361,074$354,433$347,994$341,749$332,725
3 years$242,848$235,966$229,342$222,963$216,820$208,020
4 years$180,321$173,460$166,902$160,633$154,638$146,131
5 years$142,814$135,995$129,523$123,381$117,553$109,363
6 years$117,818$111,050$104,674$98,669$93,016$85,153
7 years$99,971$93,260$86,984$81,121$75,647$68,114
8 years$86,591$79,941$73,770$68,051$62,756$55,553
9 years$76,191$69,603$63,538$57,964$52,850$45,973
10 years$67,875$61,351$55,394$49,966$45,031$38,475
11 years$61,076$54,618$48,768$43,485$38,728$32,488
12 years$55,414$49,022$43,280$38,142$33,561$27,630
13 years$50,626$44,301$38,668$33,674$29,266$23,636
14 years$46,527$40,269$34,743$29,892$25,654$20,317
15 years$42,977$36,786$31,369$26,658$22,588$17,535
16 years$39,873$33,751$28,440$23,870$19,963$15,185
17 years$37,138$31,083$25,879$21,447$17,701$13,188
18 years$34,710$28,722$23,625$19,328$15,739$11,482
19 years$32,539$26,619$21,627$17,464$14,028$10,017
20 years$30,588$24,736$19,848$15,817$12,530$8,755
21 years$28,825$23,041$18,257$14,355$11,213$7,664
22 years$27,225$21,508$16,826$13,052$10,051$6,718
23 years$25,766$20,116$15,536$11,887$9,022$5,896
24 years$24,430$18,847$14,368$10,841$8,110$5,179
25 years$23,203$17,687$13,308$9,901$7,297$4,554
26 years$22,073$16,623$12,342$9,053$6,573$4,007
27 years$21,028$15,644$11,461$8,286$5,926$3,529
28 years$20,059$14,741$10,654$7,592$5,347$3,109
29 years$19,159$13,907$9,915$6,962$4,829$2,741
30 years$18,320$13,133$9,235$6,390$4,363$2,417
31 years$17,537$12,416$8,610$5,868$3,944$2,133
32 years$16,804$11,748$8,033$5,393$3,568$1,882
33 years$16,118$11,125$7,501$4,959$3,229$1,662
34 years$15,473$10,544$7,008$4,563$2,924$1,468
35 years$14,866$10,001$6,552$4,201$2,648$1,296
36 years$14,294$9,492$6,129$3,869$2,399$1,145
37 years$13,754$9,016$5,737$3,564$2,175$1,012
38 years$13,244$8,568$5,372$3,285$1,971$895
39 years$12,762$8,147$5,033$3,029$1,788$791
40 years$12,304$7,752$4,718$2,794$1,622$699
41 years$11,870$7,379$4,424$2,578$1,471$618
42 years$11,458$7,027$4,150$2,379$1,335$547
43 years$11,066$6,696$3,894$2,196$1,211$483
44 years$10,693$6,382$3,655$2,028$1,100$428
45 years$10,338$6,086$3,432$1,873$998$378
46 years$9,999$5,806$3,223$1,730$906$334
47 years$9,675$5,541$3,028$1,598$823$296
48 years$9,366$5,289$2,846$1,477$747$262
49 years$9,070$5,051$2,675$1,365$679$232
50 years$8,787$4,825$2,515$1,262$617$205

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $9,000,000, adding $6,443 every year, while hoping to spend $27,819 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: 74/14/12 Blend
71$9,000,000$9,000,000$9,000,000$9,000,000
72$9,924,646$9,447,646$9,308,146$10,634,654
73$10,907,361$9,880,981$9,590,370$11,537,809
74$11,989,380$10,334,618$9,881,115$12,522,934
75$13,180,803$10,809,521$10,180,639$13,601,490
76$14,492,760$11,306,702$10,489,206$14,782,735
77$15,937,513$11,827,222$10,807,085$16,076,857
78$17,528,575$12,372,191$11,134,558$17,495,075
79$19,280,837$12,942,776$11,471,913$19,049,738
80$21,210,706$13,540,196$11,819,446$20,754,443
81$23,336,263$14,165,731$12,177,463$22,624,160
82$25,677,433$14,820,723$12,546,279$24,675,373
83$28,256,169$15,506,576$12,926,217$26,926,232
84$31,096,665$16,224,765$13,317,612$29,396,723
85$34,225,580$16,976,833$13,720,807$32,108,857
86$37,672,291$17,764,401$14,136,157$35,086,872
87$41,469,172$18,589,163$14,564,025$38,357,462
88$45,651,896$19,452,900$15,004,788$41,950,025
89$50,259,772$20,357,475$15,458,831$45,896,940
90$55,336,120$21,304,843$15,926,554$50,233,871
91$60,928,677$22,297,052$16,408,365$55,000,095
92$67,090,044$23,336,251$16,904,688$60,238,878
93$73,878,190$24,424,689$17,415,957$65,997,876
94$81,356,994$25,564,726$17,942,619$72,329,583
95$89,596,847$26,758,838$18,485,137$79,291,823
96$98,675,320$28,009,616$19,043,984$86,948,294
97$108,677,895$29,319,779$19,619,650$95,369,163
98$119,698,770$30,692,178$20,212,638$104,631,728
99$131,841,750$32,129,800$20,823,466$114,821,144
100$145,221,225$33,635,777$21,452,669$126,031,221