Can I retire at age 73 with 14,400,000?

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 $14,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$1,189,139$1,178,546$1,168,212$1,158,125$1,148,276$1,135,812
2 years$588,682$577,719$567,093$556,791$546,798$534,248
3 years$388,557$377,546$366,947$356,741$346,911$334,665
4 years$288,513$277,536$267,043$257,012$247,420$235,572
5 years$228,503$217,592$207,237$197,410$188,085$176,670
6 years$188,509$177,680$167,478$157,870$148,825$137,857
7 years$159,953$149,215$139,175$129,794$121,035$110,518
8 years$138,546$127,905$118,031$108,881$100,410$90,344
9 years$121,905$111,364$101,660$92,742$84,560$74,940
10 years$108,600$98,162$88,630$79,945$72,049$62,871
11 years$97,721$87,388$78,028$69,576$61,965$53,219
12 years$88,662$78,435$69,248$61,027$53,697$45,376
13 years$81,002$70,882$61,869$53,878$46,825$38,917
14 years$74,442$64,430$55,589$47,827$41,047$33,542
15 years$68,762$58,858$50,190$42,653$36,141$29,027
16 years$63,797$54,001$45,504$38,191$31,941$25,207
17 years$59,421$49,733$41,407$34,315$28,321$21,954
18 years$55,535$45,955$37,799$30,924$25,182$19,168
19 years$52,063$42,591$34,603$27,943$22,445$16,772
20 years$48,941$39,578$31,757$25,308$20,048$14,702
21 years$46,120$36,865$29,211$22,968$17,941$12,909
22 years$43,560$34,412$26,922$20,883$16,082$11,349
23 years$41,225$32,185$24,858$19,019$14,436$9,991
24 years$39,088$30,155$22,989$17,346$12,975$8,804
25 years$37,125$28,299$21,293$15,842$11,676$7,765
26 years$35,316$26,597$19,748$14,485$10,517$6,855
27 years$33,644$25,031$18,338$13,258$9,482$6,055
28 years$32,094$23,586$17,047$12,147$8,556$5,352
29 years$30,654$22,251$15,864$11,139$7,726$4,734
30 years$29,312$21,014$14,777$10,223$6,981$4,188
31 years$28,059$19,865$13,776$9,389$6,311$3,708
32 years$26,887$18,796$12,853$8,629$5,709$3,283
33 years$25,788$17,800$12,001$7,935$5,167$2,908
34 years$24,756$16,871$11,213$7,301$4,678$2,577
35 years$23,785$16,002$10,483$6,721$4,237$2,284
36 years$22,871$15,188$9,807$6,190$3,839$2,025
37 years$22,007$14,425$9,179$5,703$3,479$1,795
38 years$21,191$13,709$8,596$5,257$3,154$1,592
39 years$20,419$13,036$8,053$4,847$2,860$1,412
40 years$19,687$12,402$7,548$4,471$2,594$1,253
41 years$18,993$11,806$7,078$4,125$2,354$1,112
42 years$18,333$11,244$6,639$3,807$2,136$986
43 years$17,706$10,713$6,230$3,514$1,938$875
44 years$17,109$10,212$5,848$3,245$1,759$777
45 years$16,540$9,738$5,491$2,996$1,597$690
46 years$15,998$9,289$5,157$2,768$1,450$612
47 years$15,480$8,865$4,845$2,557$1,317$543
48 years$14,985$8,463$4,553$2,363$1,196$482
49 years$14,512$8,081$4,280$2,184$1,086$428
50 years$14,059$7,720$4,024$2,018$987$380

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $14,400,000, adding $6,671 every year, while hoping to spend $32,446 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: 32/49/19 Blend
72$14,400,000$14,400,000$14,400,000$14,400,000
73$15,875,681$15,112,481$14,889,281$16,289,667
74$17,460,478$15,818,470$15,353,550$17,305,190
75$19,205,837$16,557,966$15,832,284$18,394,857
76$21,128,101$17,332,575$16,325,934$19,567,887
77$23,245,279$18,143,982$16,834,964$20,831,589
78$25,577,216$18,993,955$17,359,854$22,193,963
79$28,145,779$19,884,346$17,901,096$23,663,769
80$30,975,065$20,817,096$18,459,199$25,250,604
81$34,091,629$21,794,241$19,034,690$26,964,980
82$37,524,731$22,817,915$19,628,108$28,818,419
83$41,306,616$23,890,355$20,240,012$30,823,552
84$45,472,816$25,013,908$20,870,977$32,994,228
85$50,062,485$26,191,031$21,521,597$35,345,635
86$55,118,771$27,424,304$22,192,483$37,894,433
87$60,689,220$28,716,429$22,884,266$40,658,903
88$66,826,228$30,070,242$23,597,596$43,659,106
89$73,587,531$31,488,712$24,333,144$46,917,062
90$81,036,756$32,974,956$25,091,601$50,456,944
91$89,244,016$34,532,239$25,873,680$54,305,297
92$98,286,574$36,163,987$26,680,117$58,491,271
93$108,249,573$37,873,790$27,511,668$63,046,886
94$119,226,836$39,665,413$28,369,117$68,007,317
95$131,321,759$41,542,804$29,253,268$73,411,212
96$144,648,278$43,510,101$30,164,952$79,301,041
97$159,331,951$45,571,644$31,105,026$85,723,478
98$175,511,139$47,731,984$32,074,373$92,729,829
99$193,338,315$49,995,891$33,073,904$100,376,492
100$212,981,502$52,368,368$34,104,559$108,725,476