Can I retire at age 73 with 2,110,000?

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 $2,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$174,242$172,690$171,176$169,698$168,254$167,124
2 years$86,258$84,652$83,095$81,585$80,121$78,981
3 years$56,934$55,321$53,768$52,273$50,832$49,718
4 years$42,275$40,667$39,129$37,659$36,254$35,174
5 years$33,482$31,883$30,366$28,926$27,560$26,517
6 years$27,622$26,035$24,540$23,132$21,807$20,803
7 years$23,438$21,864$20,393$19,018$17,735$16,770
8 years$20,301$18,742$17,295$15,954$14,713$13,787
9 years$17,862$16,318$14,896$13,589$12,390$11,504
10 years$15,913$14,383$12,987$11,714$10,557$9,709
11 years$14,319$12,805$11,433$10,195$9,080$8,270
12 years$12,991$11,493$10,147$8,942$7,868$7,095
13 years$11,869$10,386$9,065$7,895$6,861$6,125
14 years$10,908$9,441$8,145$7,008$6,014$5,314
15 years$10,076$8,624$7,354$6,250$5,296$4,630
16 years$9,348$7,913$6,668$5,596$4,680$4,048
17 years$8,707$7,287$6,067$5,028$4,150$3,550
18 years$8,137$6,734$5,539$4,531$3,690$3,122
19 years$7,629$6,241$5,070$4,094$3,289$2,751
20 years$7,171$5,799$4,653$3,708$2,938$2,429
21 years$6,758$5,402$4,280$3,365$2,629$2,149
22 years$6,383$5,042$3,945$3,060$2,356$1,904
23 years$6,041$4,716$3,642$2,787$2,115$1,688
24 years$5,728$4,419$3,369$2,542$1,901$1,499
25 years$5,440$4,147$3,120$2,321$1,711$1,333
26 years$5,175$3,897$2,894$2,122$1,541$1,186
27 years$4,930$3,668$2,687$1,943$1,389$1,056
28 years$4,703$3,456$2,498$1,780$1,254$941
29 years$4,492$3,260$2,324$1,632$1,132$839
30 years$4,295$3,079$2,165$1,498$1,023$748
31 years$4,111$2,911$2,019$1,376$925$668
32 years$3,940$2,754$1,883$1,264$837$596
33 years$3,779$2,608$1,758$1,163$757$533
34 years$3,627$2,472$1,643$1,070$685$476
35 years$3,485$2,345$1,536$985$621$425
36 years$3,351$2,225$1,437$907$562$380
37 years$3,225$2,114$1,345$836$510$340
38 years$3,105$2,009$1,260$770$462$304
39 years$2,992$1,910$1,180$710$419$272
40 years$2,885$1,817$1,106$655$380$243
41 years$2,783$1,730$1,037$604$345$218
42 years$2,686$1,647$973$558$313$195
43 years$2,594$1,570$913$515$284$175
44 years$2,507$1,496$857$475$258$156
45 years$2,424$1,427$805$439$234$140
46 years$2,344$1,361$756$406$212$125
47 years$2,268$1,299$710$375$193$112
48 years$2,196$1,240$667$346$175$100
49 years$2,126$1,184$627$320$159$90
50 years$2,060$1,131$590$296$145$81

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $2,110,000, adding $5,866 every year, while hoping to spend $44,881 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: 49/32/19 Blend
72$2,110,000$2,110,000$2,110,000$2,110,000
73$2,331,271$2,219,441$2,186,736$2,432,824
74$2,521,307$2,280,440$2,212,238$2,564,799
75$2,729,223$2,342,925$2,237,091$2,703,033
76$2,956,795$2,406,919$2,261,225$2,852,250
77$3,205,979$2,472,449$2,284,567$3,013,500
78$3,478,929$2,539,539$2,307,039$3,187,940
79$3,778,016$2,608,213$2,328,562$3,376,843
80$4,105,854$2,678,496$2,349,049$3,581,611
81$4,465,320$2,750,410$2,368,411$3,803,788
82$4,859,582$2,823,980$2,386,552$4,045,074
83$5,292,131$2,899,227$2,403,373$4,307,343
84$5,766,812$2,976,172$2,418,769$4,592,656
85$6,287,859$3,054,836$2,432,630$4,903,287
86$6,859,936$3,135,240$2,444,839$5,241,737
87$7,488,184$3,217,400$2,455,275$5,610,764
88$8,178,261$3,301,335$2,463,810$6,013,405
89$8,936,404$3,387,061$2,470,308$6,453,007
90$9,769,482$3,474,592$2,474,628$6,933,256
91$10,685,064$3,563,942$2,476,623$7,458,214
92$11,691,487$3,655,121$2,476,136$8,032,357
93$12,797,936$3,748,139$2,473,003$8,660,616
94$14,014,531$3,843,003$2,467,054$9,348,424
95$15,352,421$3,939,719$2,458,109$10,101,769
96$16,823,892$4,038,289$2,445,979$10,927,247
97$18,442,476$4,138,712$2,430,467$11,832,129
98$20,223,086$4,240,987$2,411,366$12,824,425
99$22,182,152$4,345,107$2,388,457$13,912,962
100$24,337,777$4,451,062$2,361,516$15,107,468