Can I retire at age 73 with 5,200,000?

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 $5,200,000?

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 years$429,411$425,586$421,854$418,212$414,655$401,221
2 years$212,580$208,621$204,784$201,063$197,455$184,046
3 years$140,312$136,336$132,509$128,823$125,274$112,311
4 years$104,185$100,221$96,432$92,810$89,346$76,930
5 years$82,515$78,575$74,835$71,287$67,919$56,082
6 years$68,073$64,162$60,478$57,009$53,742$42,493
7 years$57,761$53,883$50,258$46,870$43,707$33,045
8 years$50,031$46,188$42,622$39,318$36,259$26,177
9 years$44,021$40,215$36,711$33,490$30,535$21,022
10 years$39,217$35,447$32,005$28,869$26,018$17,058
11 years$35,288$31,557$28,177$25,125$22,376$13,953
12 years$32,017$28,324$25,006$22,038$19,391$11,486
13 years$29,251$25,596$22,341$19,456$16,909$9,503
14 years$26,882$23,266$20,074$17,271$14,822$7,895
15 years$24,831$21,254$18,124$15,403$13,051$6,581
16 years$23,038$19,500$16,432$13,791$11,534$5,501
17 years$21,458$17,959$14,953$12,391$10,227$4,608
18 years$20,054$16,595$13,650$11,167$9,093$3,868
19 years$18,800$15,380$12,496$10,090$8,105$3,251
20 years$17,673$14,292$11,468$9,139$7,240$2,736
21 years$16,655$13,312$10,548$8,294$6,479$2,306
22 years$15,730$12,427$9,722$7,541$5,807$1,944
23 years$14,887$11,622$8,976$6,868$5,213$1,641
24 years$14,115$10,889$8,302$6,264$4,686$1,386
25 years$13,406$10,219$7,689$5,721$4,216$1,171
26 years$12,753$9,604$7,131$5,231$3,798$990
27 years$12,149$9,039$6,622$4,788$3,424$837
28 years$11,590$8,517$6,156$4,387$3,090$708
29 years$11,070$8,035$5,729$4,023$2,790$599
30 years$10,585$7,588$5,336$3,692$2,521$507
31 years$10,133$7,173$4,975$3,391$2,279$429
32 years$9,709$6,787$4,641$3,116$2,062$364
33 years$9,312$6,428$4,334$2,865$1,866$308
34 years$8,940$6,092$4,049$2,636$1,689$261
35 years$8,589$5,778$3,786$2,427$1,530$221
36 years$8,259$5,484$3,541$2,235$1,386$187
37 years$7,947$5,209$3,315$2,059$1,256$158
38 years$7,652$4,950$3,104$1,898$1,139$134
39 years$7,373$4,707$2,908$1,750$1,033$114
40 years$7,109$4,479$2,726$1,614$937$96
41 years$6,859$4,263$2,556$1,489$850$82
42 years$6,620$4,060$2,398$1,375$771$69
43 years$6,394$3,869$2,250$1,269$700$59
44 years$6,178$3,688$2,112$1,172$635$50
45 years$5,973$3,516$1,983$1,082$577$42
46 years$5,777$3,354$1,862$999$524$36
47 years$5,590$3,201$1,750$923$476$30
48 years$5,411$3,056$1,644$853$432$26
49 years$5,241$2,918$1,545$789$392$22
50 years$5,077$2,788$1,453$729$356$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $5,200,000, adding $2,853 every year, while hoping to spend $40,344 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: 41/34/25 Blend
72$5,200,000$5,200,000$5,200,000$5,200,000
73$5,733,343$5,457,743$5,377,143$5,926,120
74$6,275,218$5,682,247$5,514,351$6,289,539
75$6,871,013$5,916,399$5,654,804$6,678,624
76$7,526,183$6,160,630$5,798,568$7,098,989
77$8,246,743$6,415,389$5,945,708$7,553,528
78$9,039,315$6,681,148$6,096,294$8,045,420
79$9,911,199$6,958,398$6,250,394$8,578,157
80$10,870,436$7,247,655$6,408,077$9,155,573
81$11,925,887$7,549,456$6,569,414$9,781,881
82$13,087,314$7,864,366$6,734,476$10,461,713
83$14,365,473$8,192,973$6,903,334$11,200,157
84$15,772,217$8,535,894$7,076,062$12,002,806
85$17,320,605$8,893,775$7,252,732$12,875,811
86$19,025,027$9,267,290$7,433,418$13,825,933
87$20,901,338$9,657,146$7,618,196$14,860,606
88$22,967,009$10,064,080$7,807,140$15,988,009
89$25,241,291$10,488,868$8,000,326$17,217,134
90$27,745,397$10,932,316$8,197,832$18,557,874
91$30,502,701$11,395,273$8,399,732$20,021,111
92$33,538,959$11,878,624$8,606,105$21,618,820
93$36,882,552$12,383,295$8,817,029$23,364,174
94$40,564,754$12,910,259$9,032,582$25,271,670
95$44,620,027$13,460,529$9,252,841$27,357,260
96$49,086,343$14,035,169$9,477,885$29,638,501
97$54,005,549$14,635,291$9,707,793$32,134,718
98$59,423,755$15,262,060$9,942,643$34,867,178
99$65,391,771$15,916,694$10,182,515$37,859,296
100$71,965,588$16,600,469$10,427,486$41,136,845