Can I retire at age 73 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$338,574$335,558$332,616$329,744$326,940$321,921
2 years$167,611$164,489$161,464$158,531$155,686$150,642
3 years$110,631$107,496$104,478$101,572$98,773$93,861
4 years$82,146$79,021$76,033$73,177$70,446$65,703
5 years$65,060$61,953$59,005$56,207$53,552$48,992
6 years$53,673$50,589$47,685$44,949$42,374$38,002
7 years$45,542$42,485$39,626$36,955$34,461$30,279
8 years$39,447$36,417$33,606$31,001$28,589$24,596
9 years$34,709$31,708$28,945$26,406$24,076$20,270
10 years$30,921$27,949$25,235$22,762$20,514$16,893
11 years$27,823$24,881$22,216$19,810$17,643$14,202
12 years$25,244$22,332$19,716$17,376$15,289$12,024
13 years$23,063$20,182$17,615$15,340$13,332$10,239
14 years$21,195$18,345$15,827$13,617$11,687$8,760
15 years$19,578$16,758$14,290$12,144$10,290$7,524
16 years$18,165$15,375$12,956$10,874$9,094$6,485
17 years$16,918$14,160$11,790$9,770$8,064$5,604
18 years$15,812$13,085$10,762$8,805$7,170$4,854
19 years$14,823$12,127$9,852$7,956$6,391$4,214
20 years$13,935$11,269$9,042$7,206$5,708$3,664
21 years$13,132$10,496$8,317$6,540$5,108$3,190
22 years$12,402$9,798$7,665$5,946$4,579$2,782
23 years$11,738$9,164$7,078$5,415$4,110$2,428
24 years$11,129$8,586$6,546$4,939$3,694$2,121
25 years$10,570$8,057$6,062$4,510$3,324$1,855
26 years$10,055$7,573$5,623$4,124$2,994$1,623
27 years$9,579$7,127$5,221$3,775$2,700$1,421
28 years$9,138$6,716$4,854$3,459$2,436$1,245
29 years$8,728$6,335$4,517$3,172$2,200$1,092
30 years$8,346$5,983$4,207$2,911$1,988$957
31 years$7,989$5,656$3,922$2,673$1,797$840
32 years$7,655$5,352$3,660$2,457$1,625$737
33 years$7,342$5,068$3,417$2,259$1,471$647
34 years$7,049$4,803$3,193$2,079$1,332$568
35 years$6,772$4,556$2,985$1,914$1,206$499
36 years$6,512$4,324$2,792$1,762$1,093$438
37 years$6,266$4,107$2,614$1,624$991$385
38 years$6,034$3,903$2,447$1,497$898$338
39 years$5,814$3,712$2,293$1,380$814$297
40 years$5,605$3,531$2,149$1,273$739$261
41 years$5,408$3,361$2,015$1,174$670$229
42 years$5,220$3,201$1,890$1,084$608$202
43 years$5,041$3,050$1,774$1,000$552$177
44 years$4,871$2,907$1,665$924$501$156
45 years$4,709$2,773$1,563$853$455$137
46 years$4,555$2,645$1,468$788$413$120
47 years$4,408$2,524$1,380$728$375$106
48 years$4,267$2,410$1,296$673$341$93
49 years$4,132$2,301$1,219$622$309$82
50 years$4,003$2,198$1,146$575$281$72

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $4,100,000, adding $3,863 every year, while hoping to spend $27,893 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: 80/15/5 Blend
72$4,100,000$4,100,000$4,100,000$4,100,000
73$4,522,185$4,304,885$4,241,335$4,882,941
74$4,953,770$4,486,146$4,353,741$5,300,808
75$5,428,441$4,675,354$4,468,979$5,755,090
76$5,950,565$4,872,870$4,587,113$6,252,665
77$6,524,951$5,079,069$4,708,209$6,797,837
78$7,156,898$5,294,345$4,832,336$7,395,343
79$7,852,246$5,519,112$4,959,564$8,050,398
80$8,617,427$5,753,801$5,089,961$8,768,748
81$9,459,531$5,998,863$5,223,601$9,556,715
82$10,386,368$6,254,772$5,360,556$10,421,264
83$11,406,544$6,522,022$5,500,901$11,370,064
84$12,529,542$6,801,132$5,644,712$12,411,560
85$13,765,811$7,092,643$5,792,066$13,555,054
86$15,126,865$7,397,124$5,943,041$14,810,790
87$16,625,389$7,715,168$6,097,718$16,190,050
88$18,275,365$8,047,396$6,256,177$17,705,259
89$20,092,194$8,394,461$6,418,501$19,370,106
90$22,092,852$8,757,043$6,584,775$21,199,665
91$24,296,041$9,135,857$6,755,083$23,210,542
92$26,722,371$9,531,648$6,929,512$25,421,030
93$29,394,554$9,945,199$7,108,152$27,851,278
94$32,337,614$10,377,330$7,291,090$30,523,481
95$35,579,127$10,828,896$7,478,419$33,462,091
96$39,149,482$11,300,796$7,670,230$36,694,044
97$43,082,164$11,793,969$7,866,617$40,249,013
98$47,414,071$12,309,400$8,067,675$44,159,688
99$52,185,865$12,848,119$8,273,501$48,462,083
100$57,442,352$13,411,206$8,484,192$53,195,875