Can I retire at age 73 with 17,500,000?

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 $17,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$1,445,134$1,432,261$1,419,702$1,407,444$1,395,475$1,380,901
2 years$715,413$702,089$689,176$676,656$664,512$649,836
3 years$472,204$458,823$445,942$433,540$421,594$407,270
4 years$350,624$337,283$324,532$312,341$300,684$286,824
5 years$277,695$264,434$251,850$239,908$228,575$215,219
6 years$229,091$215,930$203,532$191,856$180,864$168,028
7 years$194,388$181,338$169,136$157,736$147,091$134,780
8 years$168,372$155,440$143,441$132,321$122,026$110,240
9 years$148,149$135,339$123,546$112,708$102,763$91,499
10 years$131,979$119,294$107,710$97,155$87,560$76,808
11 years$118,758$106,201$94,826$84,554$75,304$65,057
12 years$107,749$95,320$84,156$74,165$65,257$55,504
13 years$98,440$86,142$75,188$65,477$56,905$47,635
14 years$90,468$78,300$67,556$58,123$49,883$41,083
15 years$83,566$71,529$60,994$51,836$43,921$35,577
16 years$77,532$65,626$55,300$46,413$38,817$30,916
17 years$72,213$60,439$50,321$41,702$34,418$26,945
18 years$67,491$55,849$45,937$37,582$30,603$23,543
19 years$63,271$51,760$42,053$33,958$27,277$20,614
20 years$59,477$48,098$38,594$30,756$24,364$18,084
21 years$56,049$44,801$35,499$27,913$21,803$15,890
22 years$52,937$41,820$32,718$25,379$19,544$13,981
23 years$50,100$39,114$30,209$23,113$17,544$12,317
24 years$47,503$36,647$27,938$21,081$15,769$10,862
25 years$45,118$34,391$25,877$19,252$14,189$9,588
26 years$42,919$32,322$23,999$17,603$12,781$8,471
27 years$40,887$30,419$22,285$16,113$11,523$7,489
28 years$39,004$28,664$20,717$14,763$10,398$6,625
29 years$37,253$27,041$19,279$13,538$9,389$5,864
30 years$35,622$25,537$17,958$12,424$8,483$5,192
31 years$34,100$24,141$16,741$11,411$7,670$4,600
32 years$32,675$22,843$15,620$10,487$6,938$4,077
33 years$31,340$21,632$14,585$9,643$6,279$3,614
34 years$30,086$20,502$13,627$8,873$5,685$3,205
35 years$28,906$19,446$12,740$8,168$5,149$2,843
36 years$27,794$18,457$11,918$7,522$4,665$2,523
37 years$26,745$17,530$11,155$6,931$4,228$2,239
38 years$25,753$16,660$10,446$6,388$3,833$1,987
39 years$24,815$15,842$9,787$5,890$3,476$1,764
40 years$23,925$15,072$9,173$5,433$3,153$1,566
41 years$23,082$14,347$8,602$5,013$2,860$1,391
42 years$22,280$13,664$8,069$4,626$2,596$1,235
43 years$21,518$13,019$7,571$4,270$2,356$1,097
44 years$20,792$12,410$7,107$3,943$2,138$975
45 years$20,101$11,834$6,673$3,641$1,941$866
46 years$19,442$11,289$6,268$3,364$1,762$769
47 years$18,813$10,773$5,888$3,108$1,600$683
48 years$18,211$10,285$5,534$2,872$1,453$607
49 years$17,636$9,821$5,201$2,654$1,320$539
50 years$17,086$9,382$4,890$2,453$1,199$479

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $17,500,000, adding $2,280 every year, while hoping to spend $26,777 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: 50/26/24 Blend
72$17,500,000$17,500,000$17,500,000$17,500,000
73$19,287,352$18,359,852$18,088,602$20,121,325
74$21,226,171$19,230,994$18,666,079$21,572,661
75$23,361,853$20,143,925$19,262,005$23,146,292
76$25,714,448$21,100,663$19,876,969$24,856,115
77$28,306,053$22,103,327$20,511,579$26,715,033
78$31,161,017$23,154,137$21,166,463$28,737,224
79$34,306,171$24,255,420$21,842,270$30,938,268
80$37,771,083$25,409,618$22,539,668$33,335,289
81$41,588,335$26,619,291$23,259,349$35,947,108
82$45,793,832$27,887,123$24,002,023$38,794,418
83$50,427,139$29,215,928$24,768,427$41,899,970
84$55,531,857$30,608,658$25,559,320$45,288,781
85$61,156,032$32,068,408$26,375,483$48,988,363
86$67,352,611$33,598,424$27,217,725$53,028,975
87$74,179,939$35,202,109$28,086,881$57,443,900
88$81,702,312$36,883,030$28,983,810$62,269,753
89$89,990,581$38,644,932$29,909,400$67,546,813
90$99,122,824$40,491,738$30,864,569$73,319,399
91$109,185,082$42,427,563$31,850,263$79,636,278
92$120,272,170$44,456,723$32,867,456$86,551,110
93$132,488,572$46,583,744$33,917,157$94,122,952
94$145,949,430$48,813,370$35,000,405$102,416,797
95$160,781,626$51,150,580$36,118,273$111,504,184
96$177,124,985$53,600,592$37,271,868$121,463,852
97$195,133,591$56,168,878$38,462,333$132,382,479
98$214,977,244$58,861,179$39,690,848$144,355,482
99$236,843,059$61,683,514$40,958,628$157,487,906
100$260,937,240$64,642,195$42,266,930$171,895,401