Can I retire at age 73 with 17,600,000?

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 $17,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$1,453,392$1,440,446$1,427,815$1,415,487$1,403,449$1,391,690
2 years$719,501$706,101$693,114$680,522$668,309$656,457
3 years$474,902$461,445$448,491$436,017$424,003$412,426
4 years$352,627$339,211$326,386$314,126$302,402$291,189
5 years$279,281$265,945$253,289$241,279$229,881$219,065
6 years$230,400$217,164$204,695$192,953$181,897$171,492
7 years$195,499$182,374$170,103$158,637$147,931$137,941
8 years$169,334$156,328$144,261$133,077$122,723$113,148
9 years$148,995$136,112$124,252$113,352$103,351$94,188
10 years$132,733$119,976$108,325$97,710$88,060$79,304
11 years$119,437$106,808$95,368$85,037$75,735$67,379
12 years$108,364$95,865$84,637$74,589$65,630$57,667
13 years$99,003$86,634$75,617$65,851$57,231$49,652
14 years$90,985$78,748$67,942$58,455$50,168$42,963
15 years$84,043$71,937$61,343$52,132$44,172$37,331
16 years$77,975$66,001$55,616$46,678$39,039$32,552
17 years$72,626$60,785$50,609$41,940$34,615$28,469
18 years$67,876$56,168$46,199$37,796$30,778$24,963
19 years$63,632$52,056$42,293$34,152$27,433$21,937
20 years$59,817$48,373$38,815$30,932$24,504$19,315
21 years$56,369$45,057$35,702$28,072$21,928$17,034
22 years$53,240$42,059$32,905$25,524$19,655$15,045
23 years$50,386$39,337$30,382$23,245$17,644$13,305
24 years$47,775$36,856$28,098$21,201$15,859$11,778
25 years$45,376$34,588$26,024$19,362$14,270$10,438
26 years$43,165$32,507$24,136$17,704$12,854$9,257
27 years$41,121$30,593$22,413$16,205$11,589$8,217
28 years$39,227$28,828$20,835$14,847$10,457$7,298
29 years$37,466$27,196$19,389$13,615$9,443$6,486
30 years$35,826$25,683$18,060$12,495$8,532$5,767
31 years$34,295$24,279$16,837$11,476$7,714$5,130
32 years$32,862$22,973$15,709$10,547$6,978$4,565
33 years$31,519$21,756$14,668$9,698$6,315$4,064
34 years$30,258$20,620$13,705$8,923$5,717$3,619
35 years$29,071$19,557$12,813$8,214$5,178$3,224
36 years$27,953$18,563$11,986$7,565$4,692$2,873
37 years$26,898$17,630$11,219$6,970$4,252$2,560
38 years$25,900$16,755$10,506$6,425$3,855$2,282
39 years$24,956$15,933$9,843$5,924$3,496$2,035
40 years$24,062$15,159$9,226$5,464$3,171$1,814
41 years$23,213$14,429$8,651$5,041$2,877$1,618
42 years$22,407$13,742$8,115$4,652$2,610$1,443
43 years$21,641$13,093$7,615$4,295$2,369$1,287
44 years$20,911$12,481$7,148$3,966$2,150$1,148
45 years$20,216$11,902$6,711$3,662$1,952$1,025
46 years$19,553$11,354$6,304$3,383$1,772$914
47 years$18,920$10,835$5,922$3,125$1,610$816
48 years$18,315$10,343$5,565$2,888$1,462$728
49 years$17,737$9,877$5,231$2,669$1,328$650
50 years$17,184$9,435$4,918$2,467$1,206$580

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $17,600,000, adding $3,528 every year, while hoping to spend $33,164 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: 42/48/10 Blend
72$17,600,000$17,600,000$17,600,000$17,600,000
73$19,398,839$18,466,039$18,193,239$20,156,596
74$21,342,234$19,335,589$18,767,426$21,555,969
75$23,482,745$20,246,635$19,359,737$23,066,705
76$25,840,440$21,201,176$19,970,744$24,701,799
77$28,437,438$22,201,306$20,601,037$26,472,603
78$31,298,110$23,249,224$21,251,225$28,391,565
79$34,449,312$24,347,230$21,921,936$30,472,342
80$37,920,639$25,497,742$22,613,818$32,729,912
81$41,744,702$26,703,289$23,327,539$35,180,715
82$45,957,439$27,966,527$24,063,788$37,842,792
83$50,598,450$29,290,239$24,823,278$40,735,946
84$55,711,375$30,677,344$25,606,741$43,881,920
85$61,344,303$32,130,902$26,414,934$47,304,592
86$67,550,226$33,654,120$27,248,638$51,030,184
87$74,387,540$35,250,363$28,108,659$55,087,503
88$81,920,597$36,923,159$28,995,827$59,508,194
89$90,220,310$38,676,205$29,910,999$64,327,030
90$99,364,823$40,513,381$30,855,059$69,582,223
91$109,440,252$42,438,753$31,828,920$75,315,774
92$120,541,491$44,456,585$32,833,522$81,573,847
93$132,773,113$46,571,349$33,869,836$88,407,195
94$146,250,358$48,787,732$34,938,863$95,871,620
95$161,100,214$51,110,651$36,041,635$104,028,479
96$177,462,625$53,545,261$37,179,218$112,945,250
97$195,491,802$56,096,968$38,352,711$122,696,143
98$215,357,686$58,771,440$39,563,247$133,362,787
99$237,247,551$61,574,622$40,811,997$145,034,971
100$261,367,769$64,512,746$42,100,167$157,811,478