Can I retire at age 73 with 2,660,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $2,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$219,660$217,704$215,795$213,932$212,112$210,511
2 years$108,743$106,717$104,755$102,852$101,006$99,391
3 years$71,775$69,741$67,783$65,898$64,082$62,505
4 years$53,295$51,267$49,329$47,476$45,704$44,175
5 years$42,210$40,194$38,281$36,466$34,743$33,268
6 years$34,822$32,821$30,937$29,162$27,491$26,072
7 years$29,547$27,563$25,709$23,976$22,358$20,994
8 years$25,593$23,627$21,803$20,113$18,548$17,240
9 years$22,519$20,571$18,779$17,132$15,620$14,368
10 years$20,061$18,133$16,372$14,768$13,309$12,112
11 years$18,051$16,143$14,414$12,852$11,446$10,304
12 years$16,378$14,489$12,792$11,273$9,919$8,830
13 years$14,963$13,094$11,429$9,952$8,650$7,612
14 years$13,751$11,902$10,269$8,835$7,582$6,595
15 years$12,702$10,872$9,271$7,879$6,676$5,738
16 years$11,785$9,975$8,406$7,055$5,900$5,011
17 years$10,976$9,187$7,649$6,339$5,232$4,388
18 years$10,259$8,489$6,982$5,712$4,652$3,853
19 years$9,617$7,868$6,392$5,162$4,146$3,391
20 years$9,040$7,311$5,866$4,675$3,703$2,990
21 years$8,519$6,810$5,396$4,243$3,314$2,641
22 years$8,046$6,357$4,973$3,858$2,971$2,336
23 years$7,615$5,945$4,592$3,513$2,667$2,069
24 years$7,220$5,570$4,247$3,204$2,397$1,834
25 years$6,858$5,227$3,933$2,926$2,157$1,628
26 years$6,524$4,913$3,648$2,676$1,943$1,446
27 years$6,215$4,624$3,387$2,449$1,752$1,286
28 years$5,929$4,357$3,149$2,244$1,580$1,144
29 years$5,662$4,110$2,930$2,058$1,427$1,018
30 years$5,415$3,882$2,730$1,888$1,289$907
31 years$5,183$3,669$2,545$1,734$1,166$808
32 years$4,967$3,472$2,374$1,594$1,055$720
33 years$4,764$3,288$2,217$1,466$954$642
34 years$4,573$3,116$2,071$1,349$864$573
35 years$4,394$2,956$1,937$1,242$783$511
36 years$4,225$2,806$1,812$1,143$709$456
37 years$4,065$2,665$1,696$1,053$643$407
38 years$3,914$2,532$1,588$971$583$364
39 years$3,772$2,408$1,488$895$528$325
40 years$3,637$2,291$1,394$826$479$290
41 years$3,508$2,181$1,307$762$435$259
42 years$3,387$2,077$1,226$703$395$232
43 years$3,271$1,979$1,151$649$358$207
44 years$3,160$1,886$1,080$599$325$185
45 years$3,055$1,799$1,014$554$295$165
46 years$2,955$1,716$953$511$268$148
47 years$2,860$1,638$895$472$243$132
48 years$2,768$1,563$841$436$221$118
49 years$2,681$1,493$791$403$201$106
50 years$2,597$1,426$743$373$182$94

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $2,660,000, adding $2,913 every year, while hoping to spend $43,649 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: 48/27/25 Blend
72$2,660,000$2,660,000$2,660,000$2,660,000
73$2,934,325$2,793,345$2,752,115$3,054,165
74$3,187,184$2,883,776$2,797,868$3,228,841
75$3,464,371$2,977,176$2,843,692$3,413,859
76$3,768,323$3,073,644$2,889,541$3,613,912
77$4,101,721$3,173,282$2,935,370$3,830,438
78$4,467,521$3,276,196$2,981,129$4,065,016
79$4,868,975$3,382,497$3,026,764$4,319,385
80$5,309,670$3,492,299$3,072,220$4,595,459
81$5,793,554$3,605,719$3,117,437$4,895,345
82$6,324,975$3,722,879$3,162,350$5,221,362
83$6,908,728$3,843,904$3,206,894$5,576,063
84$7,550,088$3,968,926$3,250,995$5,962,259
85$8,254,873$4,098,079$3,294,579$6,383,043
86$9,029,488$4,231,503$3,337,566$6,841,825
87$9,880,992$4,369,343$3,379,870$7,342,357
88$10,817,159$4,511,746$3,421,402$7,888,770
89$11,846,557$4,658,870$3,462,066$8,485,616
90$12,978,624$4,810,873$3,501,764$9,137,908
91$14,223,759$4,967,921$3,540,388$9,851,164
92$15,593,419$5,130,186$3,577,828$10,631,466
93$17,100,228$5,297,845$3,613,966$11,485,512
94$18,758,095$5,471,083$3,648,677$12,420,677
95$20,582,343$5,650,088$3,681,830$13,445,089
96$22,589,859$5,835,060$3,713,288$14,567,700
97$24,799,247$6,026,200$3,742,906$15,798,372
98$27,231,007$6,223,721$3,770,530$17,147,967
99$29,907,728$6,427,841$3,796,001$18,628,456
100$32,854,297$6,638,786$3,819,148$20,253,024