Can I retire at age 73 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,406,146
2 years$739,941$726,160$712,805$699,855$687,295$650,090
3 years$488,394$474,554$461,232$448,404$436,048$399,977
4 years$362,645$348,847$335,659$323,050$310,993$276,332
5 years$287,216$273,501$260,485$248,133$236,412$203,258
6 years$236,946$223,334$210,510$198,434$187,065$155,449
7 years$201,052$187,555$174,935$163,144$152,134$122,060
8 years$174,145$160,770$148,359$136,857$126,210$97,663
9 years$153,228$139,979$127,782$116,572$106,287$79,243
10 years$136,504$123,384$111,403$100,486$90,562$64,987
11 years$122,830$109,842$98,077$87,453$77,886$53,743
12 years$111,443$98,588$87,041$76,708$67,494$44,741
13 years$101,815$89,095$77,765$67,722$58,856$37,446
14 years$93,570$80,985$69,873$60,116$51,593$31,477
15 years$86,431$73,981$63,086$53,613$45,427$26,554
16 years$80,190$67,876$57,196$48,004$40,148$22,467
17 years$74,689$62,512$52,046$43,132$35,598$19,057
18 years$69,805$57,763$47,512$38,870$31,652$16,197
19 years$65,440$53,535$43,495$35,123$28,212$13,790
20 years$61,516$49,747$39,917$31,810$25,200$11,758
21 years$57,971$46,337$36,716$28,870$22,551$10,038
22 years$54,752$43,254$33,840$26,249$20,214$8,579
23 years$51,818$40,455$31,245$23,906$18,145$7,338
24 years$49,132$37,903$28,896$21,803$16,309$6,281
25 years$46,665$35,571$26,764$19,912$14,676$5,380
26 years$44,391$33,431$24,822$18,207$13,219$4,611
27 years$42,289$31,462$23,049$16,665$11,918$3,954
28 years$40,341$29,647$21,427$15,269$10,754$3,391
29 years$38,530$27,968$19,940$14,002$9,711$2,910
30 years$36,844$26,413$18,573$12,850$8,774$2,498
31 years$35,269$24,969$17,315$11,802$7,933$2,144
32 years$33,796$23,626$16,156$10,846$7,176$1,841
33 years$32,414$22,374$15,085$9,974$6,494$1,582
34 years$31,117$21,205$14,094$9,177$5,880$1,359
35 years$29,897$20,113$13,177$8,448$5,325$1,167
36 years$28,747$19,090$12,327$7,780$4,825$1,003
37 years$27,662$18,131$11,538$7,168$4,373$862
38 years$26,636$17,231$10,805$6,607$3,965$741
39 years$25,665$16,385$10,123$6,092$3,595$637
40 years$24,746$15,589$9,488$5,619$3,261$547
41 years$23,873$14,839$8,897$5,184$2,959$470
42 years$23,044$14,133$8,345$4,785$2,685$404
43 years$22,256$13,465$7,831$4,417$2,436$347
44 years$21,505$12,835$7,351$4,078$2,212$299
45 years$20,790$12,240$6,902$3,766$2,008$257
46 years$20,109$11,676$6,483$3,479$1,823$221
47 years$19,458$11,143$6,090$3,214$1,655$190
48 years$18,836$10,637$5,723$2,970$1,503$163
49 years$18,241$10,158$5,379$2,745$1,365$140
50 years$17,672$9,703$5,058$2,537$1,240$121

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $18,100,000, adding $4,541 every year, while hoping to spend $28,122 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: 36/37/27 Blend
72$18,100,000$18,100,000$18,100,000$18,100,000
73$19,950,884$18,991,584$18,711,034$20,507,039
74$21,955,953$19,892,250$19,307,932$21,820,838
75$24,164,596$20,836,106$19,923,884$23,235,328
76$26,597,548$21,825,239$20,559,497$24,761,868
77$29,277,659$22,861,837$21,215,401$26,410,547
78$32,230,106$23,948,193$21,892,244$28,192,425
79$35,482,637$25,086,714$22,590,693$30,119,630
80$39,065,824$26,279,921$23,311,440$32,205,463
81$43,013,362$27,530,461$24,055,197$34,464,517
82$47,362,377$28,841,106$24,822,698$36,912,801
83$52,153,784$30,214,765$25,614,703$39,567,888
84$57,432,668$31,654,487$26,431,994$42,449,067
85$63,248,714$33,163,470$27,275,379$45,577,514
86$69,656,670$34,745,067$28,145,692$48,976,485
87$76,716,870$36,402,795$29,043,792$52,671,520
88$84,495,800$38,140,342$29,970,569$56,690,673
89$93,066,726$39,961,573$30,926,937$61,064,768
90$102,510,386$41,870,543$31,913,843$65,827,673
91$112,915,751$43,871,505$32,932,262$71,016,606
92$124,380,866$45,968,918$33,983,202$76,672,477
93$137,013,775$48,167,456$35,067,700$82,840,252
94$150,933,543$50,472,023$36,186,830$89,569,371
95$166,271,374$52,887,762$37,341,699$96,914,188
96$183,171,856$55,420,065$38,533,448$104,934,477
97$201,794,322$58,074,585$39,763,255$113,695,971
98$222,314,357$60,857,253$41,032,338$123,270,971
99$244,925,451$63,774,288$42,341,951$133,739,000
100$269,840,830$66,832,211$43,693,390$145,187,544