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

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 $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%16.1%
1 years$1,114,817$1,104,887$1,095,199$1,085,743$1,076,509$1,049,633
2 years$551,890$541,611$531,650$521,992$512,623$485,716
3 years$364,272$353,949$344,013$334,445$325,229$299,133
4 years$270,481$260,190$250,353$240,949$231,956$206,871
5 years$214,222$203,992$194,284$185,072$176,329$152,325
6 years$176,727$166,575$157,011$148,003$139,524$116,624
7 years$149,956$139,889$130,477$121,682$113,470$91,678
8 years$129,887$119,911$110,654$102,076$94,134$73,439
9 years$114,286$104,404$95,307$86,946$79,275$59,660
10 years$101,812$92,027$83,091$74,948$67,546$48,988
11 years$91,613$81,926$73,152$65,227$58,092$40,564
12 years$83,120$73,533$64,920$57,213$50,341$33,814
13 years$75,940$66,452$58,002$50,511$43,898$28,338
14 years$69,790$60,403$52,115$44,838$38,481$23,854
15 years$64,465$55,179$47,053$39,987$33,882$20,151
16 years$59,810$50,626$42,660$35,804$29,945$17,075
17 years$55,707$46,625$38,819$32,170$26,551$14,504
18 years$52,064$43,083$35,437$28,992$23,608$12,345
19 years$48,809$39,929$32,441$26,196$21,042$10,527
20 years$45,882$37,104$29,772$23,726$18,795$8,989
21 years$43,238$34,561$27,385$21,533$16,820$7,686
22 years$40,837$32,261$25,239$19,578$15,077$6,579
23 years$38,649$30,173$23,304$17,830$13,534$5,636
24 years$36,645$28,271$21,552$16,262$12,164$4,832
25 years$34,805$26,531$19,962$14,852$10,946$4,146
26 years$33,109$24,934$18,514$13,580$9,860$3,559
27 years$31,542$23,466$17,192$12,430$8,889$3,056
28 years$30,089$22,112$15,982$11,388$8,021$2,626
29 years$28,738$20,860$14,872$10,443$7,243$2,257
30 years$27,480$19,700$13,853$9,584$6,544$1,940
31 years$26,306$18,623$12,915$8,802$5,917$1,669
32 years$25,207$17,621$12,050$8,090$5,352$1,435
33 years$24,177$16,688$11,251$7,439$4,844$1,235
34 years$23,209$15,816$10,512$6,845$4,385$1,062
35 years$22,299$15,001$9,828$6,301$3,972$914
36 years$21,441$14,239$9,194$5,803$3,599$787
37 years$20,632$13,523$8,605$5,347$3,262$677
38 years$19,867$12,852$8,059$4,928$2,957$583
39 years$19,143$12,221$7,550$4,544$2,682$502
40 years$18,457$11,627$7,077$4,191$2,432$432
41 years$17,806$11,068$6,636$3,867$2,207$372
42 years$17,187$10,541$6,224$3,569$2,002$320
43 years$16,600$10,043$5,841$3,294$1,817$276
44 years$16,040$9,573$5,483$3,042$1,649$238
45 years$15,507$9,129$5,148$2,809$1,497$205
46 years$14,998$8,709$4,835$2,595$1,360$176
47 years$14,513$8,311$4,543$2,397$1,235$152
48 years$14,049$7,934$4,269$2,215$1,121$131
49 years$13,605$7,576$4,012$2,047$1,018$113
50 years$13,181$7,237$3,772$1,892$925$97

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 $3,649 every year, while hoping to spend $33,443 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: 27/45/28 Blend
72$13,500,000$13,500,000$13,500,000$13,500,000
73$14,880,764$14,165,264$13,956,014$15,152,705
74$16,363,019$14,823,779$14,387,957$16,031,903
75$17,995,343$15,513,440$14,833,250$16,972,064
76$19,793,008$16,235,738$15,292,304$17,980,811
77$21,772,842$16,992,237$15,765,543$19,064,013
78$23,953,389$17,784,574$16,253,406$20,228,085
79$26,355,082$18,614,466$16,756,343$21,480,051
80$29,000,440$19,483,714$17,274,820$22,827,593
81$31,914,274$20,394,205$17,809,316$24,279,125
82$35,123,927$21,347,918$18,360,324$25,843,858
83$38,659,527$22,346,926$18,928,355$27,531,884
84$42,554,277$23,393,404$19,513,933$29,354,259
85$46,844,764$24,489,630$20,117,600$31,323,103
86$51,571,303$25,637,995$20,739,913$33,451,702
87$56,778,323$26,841,004$21,381,447$35,754,622
88$62,514,781$28,101,283$22,042,795$38,247,842
89$68,834,628$29,421,585$22,724,568$40,948,891
90$75,797,315$30,804,797$23,427,396$43,877,004
91$83,468,354$32,253,946$24,151,927$47,053,289
92$91,919,941$33,772,203$24,898,831$50,500,918
93$101,231,630$35,362,897$25,668,797$54,245,334
94$111,491,091$37,029,514$26,462,537$58,314,472
95$122,794,933$38,775,711$27,280,783$62,739,016
96$135,249,618$40,605,322$28,124,290$67,552,672
97$148,972,462$42,522,366$28,993,837$72,792,468
98$164,092,749$44,531,058$29,890,226$78,499,093
99$180,752,946$46,635,816$30,814,285$84,717,263
100$199,110,049$48,841,274$31,766,867$91,496,123