Can I retire at age 73 with 13,500,000?

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 $13,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,036,254
2 years$551,890$541,611$531,650$521,992$512,623$472,528
3 years$364,272$353,949$344,013$334,445$325,229$286,555
4 years$270,481$260,190$250,353$240,949$231,956$194,998
5 years$214,222$203,992$194,284$185,072$176,329$141,182
6 years$176,727$166,575$157,011$148,003$139,524$106,213
7 years$149,956$139,889$130,477$121,682$113,470$81,986
8 years$129,887$119,911$110,654$102,076$94,134$64,448
9 years$114,286$104,404$95,307$86,946$79,275$51,345
10 years$101,812$92,027$83,091$74,948$67,546$41,323
11 years$91,613$81,926$73,152$65,227$58,092$33,517
12 years$83,120$73,533$64,920$57,213$50,341$27,353
13 years$75,940$66,452$58,002$50,511$43,898$22,432
14 years$69,790$60,403$52,115$44,838$38,481$18,468
15 years$64,465$55,179$47,053$39,987$33,882$15,252
16 years$59,810$50,626$42,660$35,804$29,945$12,629
17 years$55,707$46,625$38,819$32,170$26,551$10,479
18 years$52,064$43,083$35,437$28,992$23,608$8,710
19 years$48,809$39,929$32,441$26,196$21,042$7,250
20 years$45,882$37,104$29,772$23,726$18,795$6,041
21 years$43,238$34,561$27,385$21,533$16,820$5,039
22 years$40,837$32,261$25,239$19,578$15,077$4,207
23 years$38,649$30,173$23,304$17,830$13,534$3,514
24 years$36,645$28,271$21,552$16,262$12,164$2,938
25 years$34,805$26,531$19,962$14,852$10,946$2,456
26 years$33,109$24,934$18,514$13,580$9,860$2,055
27 years$31,542$23,466$17,192$12,430$8,889$1,720
28 years$30,089$22,112$15,982$11,388$8,021$1,439
29 years$28,738$20,860$14,872$10,443$7,243$1,205
30 years$27,480$19,700$13,853$9,584$6,544$1,009
31 years$26,306$18,623$12,915$8,802$5,917$845
32 years$25,207$17,621$12,050$8,090$5,352$708
33 years$24,177$16,688$11,251$7,439$4,844$593
34 years$23,209$15,816$10,512$6,845$4,385$497
35 years$22,299$15,001$9,828$6,301$3,972$416
36 years$21,441$14,239$9,194$5,803$3,599$349
37 years$20,632$13,523$8,605$5,347$3,262$292
38 years$19,867$12,852$8,059$4,928$2,957$245
39 years$19,143$12,221$7,550$4,544$2,682$205
40 years$18,457$11,627$7,077$4,191$2,432$172
41 years$17,806$11,068$6,636$3,867$2,207$144
42 years$17,187$10,541$6,224$3,569$2,002$121
43 years$16,600$10,043$5,841$3,294$1,817$101
44 years$16,040$9,573$5,483$3,042$1,649$85
45 years$15,507$9,129$5,148$2,809$1,497$71
46 years$14,998$8,709$4,835$2,595$1,360$60
47 years$14,513$8,311$4,543$2,397$1,235$50
48 years$14,049$7,934$4,269$2,215$1,121$42
49 years$13,605$7,576$4,012$2,047$1,018$35
50 years$13,181$7,237$3,772$1,892$925$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $13,500,000, adding $2,450 every year, while hoping to spend $23,200 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: 79/13/8 Blend
72$13,500,000$13,500,000$13,500,000$13,500,000
73$14,879,527$14,164,027$13,954,777$16,038,922
74$16,372,554$14,833,380$14,397,578$17,469,051
75$18,017,093$15,534,753$14,854,434$19,034,242
76$19,828,572$16,269,692$15,325,794$20,750,547
77$21,823,995$17,039,815$15,812,116$22,633,027
78$24,022,097$17,846,821$16,313,877$24,698,264
79$26,443,526$18,692,490$16,831,567$26,964,517
80$29,111,032$19,578,689$17,365,691$29,451,889
81$32,049,688$20,507,375$17,916,772$32,182,516
82$35,287,120$21,480,601$18,485,348$35,180,775
83$38,853,774$22,500,518$19,071,974$38,473,510
84$42,783,198$23,569,383$19,677,225$42,090,283
85$47,112,364$24,689,562$20,301,692$46,063,653
86$51,882,011$25,863,536$20,945,984$50,429,475
87$57,137,033$27,093,907$21,610,732$55,227,241
88$62,926,904$28,383,402$22,296,585$60,500,446
89$69,306,142$29,734,882$23,004,214$66,296,999
90$76,334,824$31,151,346$23,734,311$72,669,667
91$84,079,154$32,635,941$24,487,588$79,676,576
92$92,612,089$34,191,962$25,264,783$87,381,749
93$102,014,023$35,822,870$26,066,655$95,855,713
94$112,373,554$37,532,291$26,893,988$105,176,156
95$123,788,311$39,324,028$27,747,591$115,428,660
96$136,365,882$41,202,068$28,628,299$126,707,500
97$150,224,826$43,170,594$29,536,971$139,116,535
98$165,495,796$45,233,991$30,474,497$152,770,178
99$182,322,768$47,396,857$31,441,794$167,794,477
100$200,864,403$49,664,016$32,439,807$184,328,292