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%18.1%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,396,000
2 years$739,941$726,160$712,805$699,855$687,295$640,074
3 years$488,394$474,554$461,232$448,404$436,048$390,407
4 years$362,645$348,847$335,659$323,050$310,993$267,281
5 years$287,216$273,501$260,485$248,133$236,412$194,746
6 years$236,946$223,334$210,510$198,434$187,065$147,478
7 years$201,052$187,555$174,935$163,144$152,134$114,623
8 years$174,145$160,770$148,359$136,857$126,210$90,746
9 years$153,228$139,979$127,782$116,572$106,287$72,830
10 years$136,504$123,384$111,403$100,486$90,562$59,059
11 years$122,830$109,842$98,077$87,453$77,886$48,278
12 years$111,443$98,588$87,041$76,708$67,494$39,716
13 years$101,815$89,095$77,765$67,722$58,856$32,838
14 years$93,570$80,985$69,873$60,116$51,593$27,262
15 years$86,431$73,981$63,086$53,613$45,427$22,709
16 years$80,190$67,876$57,196$48,004$40,148$18,967
17 years$74,689$62,512$52,046$43,132$35,598$15,878
18 years$69,805$57,763$47,512$38,870$31,652$13,316
19 years$65,440$53,535$43,495$35,123$28,212$11,185
20 years$61,516$49,747$39,917$31,810$25,200$9,407
21 years$57,971$46,337$36,716$28,870$22,551$7,920
22 years$54,752$43,254$33,840$26,249$20,214$6,674
23 years$51,818$40,455$31,245$23,906$18,145$5,628
24 years$49,132$37,903$28,896$21,803$16,309$4,750
25 years$46,665$35,571$26,764$19,912$14,676$4,010
26 years$44,391$33,431$24,822$18,207$13,219$3,387
27 years$42,289$31,462$23,049$16,665$11,918$2,862
28 years$40,341$29,647$21,427$15,269$10,754$2,419
29 years$38,530$27,968$19,940$14,002$9,711$2,046
30 years$36,844$26,413$18,573$12,850$8,774$1,730
31 years$35,269$24,969$17,315$11,802$7,933$1,463
32 years$33,796$23,626$16,156$10,846$7,176$1,238
33 years$32,414$22,374$15,085$9,974$6,494$1,047
34 years$31,117$21,205$14,094$9,177$5,880$886
35 years$29,897$20,113$13,177$8,448$5,325$750
36 years$28,747$19,090$12,327$7,780$4,825$635
37 years$27,662$18,131$11,538$7,168$4,373$537
38 years$26,636$17,231$10,805$6,607$3,965$455
39 years$25,665$16,385$10,123$6,092$3,595$385
40 years$24,746$15,589$9,488$5,619$3,261$326
41 years$23,873$14,839$8,897$5,184$2,959$276
42 years$23,044$14,133$8,345$4,785$2,685$234
43 years$22,256$13,465$7,831$4,417$2,436$198
44 years$21,505$12,835$7,351$4,078$2,212$167
45 years$20,790$12,240$6,902$3,766$2,008$142
46 years$20,109$11,676$6,483$3,479$1,823$120
47 years$19,458$11,143$6,090$3,214$1,655$102
48 years$18,836$10,637$5,723$2,970$1,503$86
49 years$18,241$10,158$5,379$2,745$1,365$73
50 years$17,672$9,703$5,058$2,537$1,240$62

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 $5,179 every year, while hoping to spend $31,652 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: 28/46/26 Blend
72$18,100,000$18,100,000$18,100,000$18,100,000
73$19,951,542$18,992,242$18,711,692$20,348,464
74$21,952,922$19,889,185$19,304,856$21,560,543
75$24,157,382$20,829,016$19,916,831$22,858,764
76$26,585,602$21,813,805$20,548,212$24,252,940
77$29,260,372$22,845,721$21,199,616$25,751,314
78$32,206,804$23,927,035$21,871,677$27,362,902
79$35,452,572$25,060,134$22,565,052$29,097,570
80$39,028,169$26,247,515$23,280,416$30,966,114
81$42,967,199$27,491,800$24,018,467$32,980,357
82$47,306,692$28,795,737$24,779,924$35,153,243
83$52,087,454$30,162,207$25,565,531$37,498,953
84$57,354,451$31,594,232$26,376,053$40,033,026
85$63,157,235$33,094,980$27,212,281$42,772,493
86$69,550,412$34,667,772$28,075,030$45,736,025
87$76,594,152$36,316,092$28,965,143$48,944,097
88$84,354,767$38,043,591$29,883,486$52,419,163
89$92,905,327$39,854,101$30,830,957$56,185,860
90$102,326,355$41,751,636$31,808,478$60,271,219
91$112,706,585$43,740,409$32,817,004$64,704,911
92$124,143,802$45,824,833$33,857,519$69,519,501
93$136,745,760$48,009,541$34,931,036$74,750,745
94$150,631,206$50,299,387$36,038,604$80,437,910
95$165,930,995$52,699,462$37,181,303$86,624,118
96$182,789,328$55,215,107$38,360,248$93,356,740
97$201,365,111$57,851,920$39,576,589$100,687,820
98$221,833,460$60,615,771$40,831,512$108,674,542
99$244,387,347$63,512,818$42,126,242$117,379,751
100$269,239,427$66,549,517$43,462,042$126,872,518