Can I retire at age 73 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,071,820
2 years$555,978$545,623$535,588$525,858$516,421$503,675
3 years$366,970$356,571$346,561$336,922$327,638$315,206
4 years$272,485$262,117$252,208$242,734$233,674$221,650
5 years$215,808$205,503$195,723$186,443$177,636$166,055
6 years$178,036$167,809$158,174$149,100$140,557$129,435
7 years$151,067$140,926$131,443$122,583$114,310$103,650
8 years$130,849$120,799$111,474$102,832$94,832$84,633
9 years$115,133$105,177$96,013$87,590$79,862$70,121
10 years$102,567$92,709$83,706$75,503$68,046$58,756
11 years$92,292$82,533$73,693$65,711$58,522$49,675
12 years$83,736$74,077$65,401$57,637$50,714$42,300
13 years$76,502$66,944$58,431$50,885$44,224$36,232
14 years$70,307$60,850$52,501$45,170$38,766$31,186
15 years$64,942$55,588$47,401$40,284$34,133$26,952
16 years$60,253$51,001$42,976$36,070$30,167$23,373
17 years$56,120$46,970$39,107$32,408$26,748$20,327
18 years$52,450$43,402$35,699$29,206$23,783$17,723
19 years$49,170$40,225$32,681$26,390$21,198$15,485
20 years$46,222$37,379$29,993$23,902$18,935$13,554
21 years$43,558$34,817$27,588$21,692$16,944$11,883
22 years$41,140$32,500$25,426$19,723$15,188$10,432
23 years$38,935$30,397$23,477$17,962$13,634$9,169
24 years$36,917$28,480$21,712$16,383$12,254$8,067
25 years$35,063$26,727$20,110$14,962$11,027$7,104
26 years$33,354$25,119$18,651$13,680$9,933$6,261
27 years$31,775$23,640$17,319$12,522$8,955$5,522
28 years$30,311$22,276$16,100$11,473$8,080$4,873
29 years$28,951$21,015$14,983$10,521$7,296$4,303
30 years$27,684$19,846$13,956$9,655$6,593$3,801
31 years$26,500$18,761$13,010$8,868$5,961$3,359
32 years$25,393$17,752$12,139$8,150$5,392$2,970
33 years$24,356$16,811$11,334$7,494$4,880$2,626
34 years$23,381$15,933$10,590$6,895$4,418$2,323
35 years$22,464$15,113$9,901$6,348$4,001$2,056
36 years$21,600$14,344$9,262$5,846$3,625$1,819
37 years$20,785$13,624$8,669$5,386$3,286$1,611
38 years$20,014$12,947$8,118$4,965$2,979$1,426
39 years$19,284$12,311$7,606$4,578$2,701$1,263
40 years$18,593$11,713$7,129$4,222$2,450$1,118
41 years$17,938$11,150$6,685$3,896$2,223$990
42 years$17,315$10,619$6,271$3,595$2,017$877
43 years$16,723$10,118$5,884$3,319$1,831$777
44 years$16,159$9,644$5,523$3,064$1,662$689
45 years$15,622$9,197$5,186$2,830$1,509$610
46 years$15,109$8,773$4,871$2,614$1,370$541
47 years$14,620$8,372$4,576$2,415$1,244$479
48 years$14,153$7,993$4,300$2,232$1,129$424
49 years$13,706$7,632$4,042$2,062$1,026$376
50 years$13,278$7,291$3,800$1,906$932$333

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $13,600,000, adding $4,357 every year, while hoping to spend $46,038 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: 44/31/25 Blend
72$13,600,000$13,600,000$13,600,000$13,600,000
73$14,991,694$14,270,894$14,060,094$15,542,394
74$16,471,863$14,921,184$14,482,123$16,584,268
75$18,101,466$15,601,795$14,916,747$17,708,159
76$19,895,697$16,314,164$15,364,340$18,925,557
77$21,871,297$17,059,798$15,825,285$20,245,168
78$24,046,716$17,840,274$16,299,978$21,676,553
79$26,442,280$18,657,247$16,788,826$23,230,211
80$29,080,390$19,512,449$17,292,250$24,917,677
81$31,985,729$20,407,698$17,810,679$26,751,620
82$35,185,495$21,344,897$18,344,559$28,745,962
83$38,709,660$22,326,042$18,894,346$30,916,004
84$42,591,250$23,353,222$19,460,511$33,278,561
85$46,866,658$24,428,631$20,043,538$35,852,116
86$51,575,987$25,554,564$20,643,927$38,656,992
87$56,763,429$26,733,429$21,262,190$41,715,531
88$62,477,681$27,967,749$21,898,855$45,052,303
89$68,772,405$29,260,169$22,554,467$48,694,327
90$75,706,733$30,613,460$23,229,585$52,671,323
91$83,345,829$32,030,529$23,924,785$57,015,980
92$91,761,498$33,514,419$24,640,660$61,764,259
93$101,032,869$35,068,324$25,377,820$66,955,724
94$111,247,138$36,695,588$26,136,894$72,633,905
95$122,500,394$38,399,719$26,918,527$78,846,701
96$134,898,522$40,184,393$27,723,385$85,646,821
97$148,558,206$42,053,464$28,552,154$93,092,274
98$163,608,029$44,010,970$29,405,537$101,246,902
99$180,189,687$46,061,146$30,284,261$110,180,975
100$198,459,322$48,208,429$31,189,072$119,971,841