Can I retire at age 73 with 9,100,000?

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 $9,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$751,469$744,776$738,245$731,871$725,647$713,919
2 years$372,015$365,086$358,371$351,861$345,546$333,763
3 years$245,546$238,588$231,890$225,441$219,229$207,757
4 years$182,324$175,387$168,757$162,417$156,356$145,284
5 years$144,401$137,506$130,962$124,752$118,859$108,219
6 years$119,127$112,284$105,837$99,765$94,049$83,852
7 years$101,082$94,296$87,951$82,023$76,487$66,737
8 years$87,554$80,829$74,589$68,807$63,453$54,149
9 years$77,037$70,376$64,244$58,608$53,437$44,573
10 years$68,629$62,033$56,009$50,521$45,531$37,099
11 years$61,754$55,224$49,310$43,968$39,158$31,151
12 years$56,029$49,566$43,761$38,566$33,934$26,340
13 years$51,189$44,794$39,098$34,048$29,591$22,400
14 years$47,043$40,716$35,129$30,224$25,939$19,139
15 years$43,454$37,195$31,717$26,954$22,839$16,417
16 years$40,316$34,126$28,756$24,135$20,185$14,128
17 years$37,551$31,428$26,167$21,685$17,897$12,192
18 years$35,095$29,041$23,887$19,542$15,914$10,546
19 years$32,901$26,915$21,867$17,658$14,184$9,141
20 years$30,928$25,011$20,069$15,993$12,670$7,936
21 years$29,146$23,297$18,459$14,515$11,338$6,900
22 years$27,527$21,747$17,013$13,197$10,163$6,007
23 years$26,052$20,339$15,709$12,019$9,123$5,235
24 years$24,702$19,056$14,528$10,962$8,200$4,567
25 years$23,461$17,884$13,456$10,011$7,378$3,987
26 years$22,318$16,808$12,480$9,154$6,646$3,484
27 years$21,261$15,818$11,588$8,379$5,992$3,045
28 years$20,282$14,905$10,773$7,677$5,407$2,664
29 years$19,372$14,061$10,025$7,040$4,882$2,331
30 years$18,524$13,279$9,338$6,461$4,411$2,041
31 years$17,732$12,553$8,706$5,933$3,988$1,787
32 years$16,991$11,878$8,122$5,453$3,608$1,566
33 years$16,297$11,249$7,584$5,015$3,265$1,372
34 years$15,645$10,661$7,086$4,614$2,956$1,203
35 years$15,031$10,112$6,625$4,247$2,677$1,054
36 years$14,453$9,598$6,197$3,912$2,426$924
37 years$13,907$9,116$5,801$3,604$2,199$811
38 years$13,392$8,663$5,432$3,322$1,993$711
39 years$12,904$8,238$5,089$3,063$1,808$624
40 years$12,441$7,838$4,770$2,825$1,640$547
41 years$12,002$7,461$4,473$2,607$1,487$480
42 years$11,586$7,105$4,196$2,406$1,350$421
43 years$11,189$6,770$3,937$2,221$1,225$370
44 years$10,812$6,453$3,696$2,050$1,112$324
45 years$10,453$6,154$3,470$1,894$1,009$285
46 years$10,110$5,870$3,259$1,749$916$250
47 years$9,783$5,602$3,062$1,616$832$219
48 years$9,470$5,348$2,877$1,493$756$192
49 years$9,171$5,107$2,705$1,380$686$169
50 years$8,885$4,878$2,543$1,276$623$148

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $9,100,000, adding $3,226 every year, while hoping to spend $33,272 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: 40/39/21 Blend
72$9,100,000$9,100,000$9,100,000$9,100,000
73$10,031,528$9,549,228$9,408,178$10,370,263
74$11,019,342$9,981,739$9,687,950$11,045,949
75$12,106,799$10,434,328$9,975,980$11,773,046
76$13,304,026$10,907,943$10,272,509$12,558,979
77$14,622,183$11,403,579$10,577,785$13,409,127
78$16,073,569$11,922,278$10,892,064$14,329,394
79$17,671,734$12,465,130$11,215,609$15,326,257
80$19,431,609$13,033,280$11,548,690$16,406,823
81$21,369,649$13,627,926$11,891,587$17,578,897
82$23,503,983$14,250,324$12,244,585$18,851,046
83$25,854,589$14,901,790$12,607,979$20,232,680
84$28,443,484$15,583,704$12,982,073$21,734,133
85$31,294,925$16,297,512$13,367,178$23,366,757
86$34,435,645$17,044,727$13,763,615$25,143,025
87$37,895,100$17,826,938$14,171,716$27,076,644
88$41,705,750$18,645,808$14,591,819$29,182,675
89$45,903,366$19,503,082$15,024,274$31,477,677
90$50,527,363$20,400,586$15,469,440$33,979,848
91$55,621,175$21,340,237$15,927,688$36,709,199
92$61,232,667$22,324,041$16,399,398$39,687,733
93$67,414,583$23,354,102$16,884,961$42,939,645
94$74,225,044$24,432,627$17,384,781$46,491,544
95$81,728,098$25,561,925$17,899,271$50,372,699
96$89,994,325$26,744,420$18,428,857$54,615,304
97$99,101,501$27,982,652$18,973,979$59,254,778
98$109,135,333$29,279,280$19,535,086$64,330,087
99$120,190,268$30,637,097$20,112,643$69,884,106
100$132,370,386$32,059,025$20,707,127$75,964,013