Can I retire at age 73 with 4,400,000?

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 $4,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$363,348$360,111$356,954$353,872$350,862$339,631
2 years$179,875$176,525$173,278$170,131$167,077$155,865
3 years$118,726$115,361$112,123$109,004$106,001$95,160
4 years$88,157$84,803$81,597$78,531$75,601$65,215
5 years$69,820$66,486$63,322$60,320$57,470$47,567
6 years$57,600$54,291$51,174$48,238$45,474$36,061
7 years$48,875$45,594$42,526$39,659$36,983$28,059
8 years$42,334$39,082$36,065$33,269$30,681$22,241
9 years$37,249$34,028$31,063$28,338$25,838$17,871
10 years$33,183$29,994$27,081$24,428$22,015$14,511
11 years$29,859$26,702$23,842$21,259$18,934$11,877
12 years$27,091$23,966$21,159$18,647$16,407$9,784
13 years$24,751$21,658$18,904$16,463$14,308$8,100
14 years$22,746$19,687$16,986$14,614$12,542$6,734
15 years$21,011$17,984$15,336$13,033$11,043$5,617
16 years$19,494$16,500$13,904$11,670$9,760$4,699
17 years$18,156$15,196$12,652$10,485$8,654$3,939
18 years$16,969$14,042$11,550$9,449$7,694$3,308
19 years$15,908$13,014$10,573$8,538$6,858$2,783
20 years$14,954$12,093$9,704$7,733$6,126$2,344
21 years$14,092$11,264$8,925$7,018$5,482$1,977
22 years$13,310$10,515$8,226$6,381$4,914$1,668
23 years$12,597$9,834$7,595$5,811$4,411$1,409
24 years$11,944$9,214$7,024$5,300$3,965$1,191
25 years$11,344$8,647$6,506$4,841$3,568$1,007
26 years$10,791$8,127$6,034$4,426$3,214$852
27 years$10,280$7,648$5,603$4,051$2,897$721
28 years$9,807$7,207$5,209$3,712$2,614$611
29 years$9,367$6,799$4,847$3,404$2,361$517
30 years$8,956$6,421$4,515$3,124$2,133$438
31 years$8,574$6,070$4,209$2,869$1,928$371
32 years$8,216$5,743$3,927$2,637$1,744$315
33 years$7,880$5,439$3,667$2,425$1,579$267
34 years$7,564$5,155$3,426$2,231$1,429$226
35 years$7,268$4,889$3,203$2,054$1,295$192
36 years$6,988$4,641$2,997$1,891$1,173$162
37 years$6,724$4,408$2,805$1,743$1,063$138
38 years$6,475$4,189$2,627$1,606$964$117
39 years$6,239$3,983$2,461$1,481$874$99
40 years$6,015$3,790$2,306$1,366$793$84
41 years$5,803$3,607$2,163$1,260$719$71
42 years$5,602$3,436$2,029$1,163$653$60
43 years$5,410$3,273$1,904$1,074$592$51
44 years$5,228$3,120$1,787$991$538$43
45 years$5,054$2,975$1,678$916$488$37
46 years$4,888$2,838$1,576$846$443$31
47 years$4,730$2,709$1,481$781$402$26
48 years$4,579$2,586$1,391$722$365$22
49 years$4,434$2,469$1,308$667$332$19
50 years$4,296$2,359$1,229$617$301$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $4,400,000, adding $6,723 every year, while hoping to spend $49,753 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: 75/9/16 Blend
72$4,400,000$4,400,000$4,400,000$4,400,000
73$4,855,735$4,622,535$4,554,335$5,202,185
74$5,298,083$4,796,102$4,653,968$5,605,813
75$5,783,883$4,976,507$4,755,272$6,041,254
76$6,317,515$5,164,031$4,858,249$6,517,181
77$6,903,803$5,358,970$4,962,902$7,037,611
78$7,548,062$5,561,631$5,069,230$7,606,965
79$8,256,148$5,772,335$5,177,233$8,230,112
80$9,034,511$5,991,415$5,286,907$8,912,417
81$9,890,259$6,219,223$5,398,246$9,659,784
82$10,831,222$6,456,120$5,511,243$10,478,719
83$11,866,025$6,702,489$5,625,889$11,376,386
84$13,004,174$6,958,726$5,742,171$12,360,676
85$14,256,141$7,225,244$5,860,074$13,440,281
86$15,633,462$7,502,476$5,979,582$14,624,775
87$17,148,851$7,790,873$6,100,673$15,924,704
88$18,816,314$8,090,906$6,223,326$17,351,685
89$20,651,284$8,403,067$6,347,514$18,918,517
90$22,670,766$8,727,868$6,473,206$20,639,297
91$24,893,496$9,065,845$6,600,371$22,529,556
92$27,340,119$9,417,558$6,728,970$24,606,404
93$30,033,384$9,783,591$6,858,963$26,888,691
94$32,998,356$10,164,554$6,990,305$29,397,185
95$36,262,654$10,561,083$7,122,946$32,154,765
96$39,856,713$10,973,844$7,256,832$35,186,639
97$43,814,066$11,403,531$7,391,905$38,520,578
98$48,171,666$11,850,869$7,528,099$42,187,183
99$52,970,232$12,316,617$7,665,346$46,220,166
100$58,254,630$12,801,566$7,803,569$50,656,674