Can I retire at age 72 with 9,100,000?

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 $9,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$751,469$744,776$738,245$731,871$725,647$697,959
2 years$372,015$365,086$358,371$351,861$345,546$317,977
3 years$245,546$238,588$231,890$225,441$219,229$192,645
4 years$182,324$175,387$168,757$162,417$156,356$130,961
5 years$144,401$137,506$130,962$124,752$118,859$94,718
6 years$119,127$112,284$105,837$99,765$94,049$71,179
7 years$101,082$94,296$87,951$82,023$76,487$54,881
8 years$87,554$80,829$74,589$68,807$63,453$43,090
9 years$77,037$70,376$64,244$58,608$53,437$34,287
10 years$68,629$62,033$56,009$50,521$45,531$27,559
11 years$61,754$55,224$49,310$43,968$39,158$22,324
12 years$56,029$49,566$43,761$38,566$33,934$18,195
13 years$51,189$44,794$39,098$34,048$29,591$14,901
14 years$47,043$40,716$35,129$30,224$25,939$12,250
15 years$43,454$37,195$31,717$26,954$22,839$10,103
16 years$40,316$34,126$28,756$24,135$20,185$8,353
17 years$37,551$31,428$26,167$21,685$17,897$6,921
18 years$35,095$29,041$23,887$19,542$15,914$5,744
19 years$32,901$26,915$21,867$17,658$14,184$4,774
20 years$30,928$25,011$20,069$15,993$12,670$3,972
21 years$29,146$23,297$18,459$14,515$11,338$3,308
22 years$27,527$21,747$17,013$13,197$10,163$2,757
23 years$26,052$20,339$15,709$12,019$9,123$2,300
24 years$24,702$19,056$14,528$10,962$8,200$1,919
25 years$23,461$17,884$13,456$10,011$7,378$1,602
26 years$22,318$16,808$12,480$9,154$6,646$1,338
27 years$21,261$15,818$11,588$8,379$5,992$1,118
28 years$20,282$14,905$10,773$7,677$5,407$934
29 years$19,372$14,061$10,025$7,040$4,882$781
30 years$18,524$13,279$9,338$6,461$4,411$653
31 years$17,732$12,553$8,706$5,933$3,988$546
32 years$16,991$11,878$8,122$5,453$3,608$457
33 years$16,297$11,249$7,584$5,015$3,265$382
34 years$15,645$10,661$7,086$4,614$2,956$319
35 years$15,031$10,112$6,625$4,247$2,677$267
36 years$14,453$9,598$6,197$3,912$2,426$224
37 years$13,907$9,116$5,801$3,604$2,199$187
38 years$13,392$8,663$5,432$3,322$1,993$156
39 years$12,904$8,238$5,089$3,063$1,808$131
40 years$12,441$7,838$4,770$2,825$1,640$110
41 years$12,002$7,461$4,473$2,607$1,487$92
42 years$11,586$7,105$4,196$2,406$1,350$77
43 years$11,189$6,770$3,937$2,221$1,225$64
44 years$10,812$6,453$3,696$2,050$1,112$54
45 years$10,453$6,154$3,470$1,894$1,009$45
46 years$10,110$5,870$3,259$1,749$916$38
47 years$9,783$5,602$3,062$1,616$832$31
48 years$9,470$5,348$2,877$1,493$756$26
49 years$9,171$5,107$2,705$1,380$686$22
50 years$8,885$4,878$2,543$1,276$623$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $9,100,000, adding $3,202 every year, while hoping to spend $32,901 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: 52/19/29 Blend
71$9,100,000$9,100,000$9,100,000$9,100,000
72$10,031,503$9,549,203$9,408,153$10,471,231
73$11,019,710$9,982,107$9,688,320$11,210,526
74$12,107,611$10,435,122$9,976,769$12,010,759
75$13,305,341$10,909,196$10,273,744$12,880,684
76$14,624,066$11,405,327$10,579,495$13,826,972
77$16,076,090$11,924,558$10,894,278$14,856,961
78$17,674,973$12,467,983$11,218,358$15,978,716
79$19,435,654$13,036,748$11,552,007$17,201,110
80$21,374,597$13,632,054$11,895,505$18,533,899
81$23,509,941$14,255,160$12,249,140$19,987,817
82$25,861,678$14,907,386$12,613,209$21,574,670
83$28,451,834$15,590,112$12,988,016$23,307,447
84$31,304,682$16,304,789$13,373,875$25,200,442
85$34,446,969$17,052,933$13,771,110$27,269,380
86$37,908,170$17,836,137$14,180,052$29,531,568
87$41,720,764$18,656,068$14,601,044$32,006,053
88$45,920,539$19,514,473$15,034,436$34,713,798
89$50,546,936$20,413,183$15,480,592$37,677,877
90$55,643,413$21,354,120$15,939,882$40,923,687
91$61,257,864$22,339,294$16,412,690$44,479,189
92$67,443,061$23,370,815$16,899,410$48,375,163
93$74,257,161$24,450,892$17,400,448$52,645,497
94$81,764,248$25,581,842$17,916,220$57,327,500
95$90,034,943$26,766,095$18,447,155$62,462,254
96$99,147,068$28,006,193$18,993,695$68,094,994
97$109,186,378$29,304,807$19,556,294$74,275,528
98$120,247,378$30,664,731$20,135,418$81,058,709
99$132,434,204$32,088,897$20,731,549$88,504,941
100$145,861,618$33,580,378$21,345,181$96,680,746