Can I retire at age 73 with 9,200,000?

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 $9,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$759,727$752,960$746,358$739,913$733,621$712,135
2 years$376,103$369,098$362,310$355,728$349,343$327,871
3 years$248,244$241,210$234,438$227,918$221,638$200,851
4 years$184,328$177,315$170,611$164,202$158,074$138,133
5 years$145,988$139,017$132,401$126,123$120,165$101,125
6 years$120,436$113,518$107,000$100,862$95,083$76,959
7 years$102,192$95,332$88,917$82,924$77,328$60,121
8 years$88,516$81,717$75,409$69,563$64,151$47,851
9 years$77,884$71,149$64,950$59,252$54,024$38,615
10 years$69,383$62,715$56,625$51,076$46,031$31,491
11 years$62,433$55,831$49,851$44,451$39,588$25,892
12 years$56,645$50,111$44,242$38,990$34,307$21,428
13 years$51,751$45,286$39,527$34,422$29,916$17,825
14 years$47,560$41,164$35,515$30,556$26,224$14,891
15 years$43,932$37,604$32,066$27,251$23,090$12,483
16 years$40,759$34,501$29,072$24,400$20,407$10,494
17 years$37,963$31,774$26,455$21,923$18,094$8,843
18 years$35,481$29,360$24,150$19,757$16,088$7,466
19 years$33,262$27,211$22,108$17,852$14,340$6,314
20 years$31,268$25,286$20,289$16,169$12,809$5,347
21 years$29,466$23,553$18,662$14,674$11,462$4,533
22 years$27,830$21,986$17,200$13,342$10,274$3,847
23 years$26,338$20,563$15,881$12,151$9,223$3,267
24 years$24,973$19,266$14,688$11,082$8,290$2,777
25 years$23,719$18,080$13,604$10,121$7,460$2,362
26 years$22,563$16,992$12,617$9,254$6,719$2,009
27 years$21,495$15,992$11,716$8,471$6,058$1,710
28 years$20,505$15,069$10,891$7,761$5,466$1,456
29 years$19,585$14,216$10,135$7,117$4,936$1,240
30 years$18,727$13,425$9,441$6,532$4,460$1,057
31 years$17,927$12,691$8,801$5,999$4,032$901
32 years$17,178$12,009$8,212$5,513$3,647$768
33 years$16,476$11,372$7,667$5,070$3,301$654
34 years$15,817$10,778$7,164$4,664$2,989$558
35 years$15,196$10,223$6,698$4,294$2,707$476
36 years$14,612$9,703$6,266$3,955$2,453$406
37 years$14,060$9,216$5,864$3,644$2,223$346
38 years$13,539$8,758$5,492$3,358$2,015$295
39 years$13,045$8,328$5,145$3,097$1,827$252
40 years$12,578$7,924$4,823$2,856$1,658$215
41 years$12,134$7,543$4,522$2,635$1,504$183
42 years$11,713$7,183$4,242$2,432$1,365$156
43 years$11,312$6,844$3,980$2,245$1,238$133
44 years$10,931$6,524$3,736$2,073$1,124$114
45 years$10,568$6,221$3,508$1,914$1,020$97
46 years$10,221$5,935$3,295$1,768$927$83
47 years$9,890$5,664$3,096$1,634$841$71
48 years$9,574$5,407$2,909$1,510$764$60
49 years$9,272$5,163$2,734$1,395$694$51
50 years$8,982$4,932$2,571$1,290$630$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $9,200,000, adding $6,197 every year, while hoping to spend $29,563 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: 38/46/16 Blend
72$9,200,000$9,200,000$9,200,000$9,200,000
73$10,144,792$9,657,192$9,514,592$10,481,122
74$11,148,106$10,098,940$9,801,876$11,164,458
75$12,252,767$10,561,342$10,097,793$11,899,173
76$13,469,082$11,045,380$10,402,602$12,692,556
77$14,808,406$11,552,082$10,716,567$13,549,903
78$16,283,255$12,082,525$11,039,963$14,477,019
79$17,907,416$12,637,837$11,373,071$15,480,271
80$19,696,084$13,219,203$11,716,180$16,566,640
81$21,666,003$13,827,863$12,069,591$17,743,785
82$23,835,623$14,465,116$12,433,610$19,020,111
83$26,225,274$15,132,324$12,808,553$20,404,841
84$28,857,359$15,830,915$13,194,747$21,908,100
85$31,756,567$16,562,387$13,592,528$23,541,004
86$34,950,099$17,328,307$14,002,240$25,315,757
87$38,467,935$18,130,319$14,424,241$27,245,767
88$42,343,107$18,970,147$14,858,895$29,345,758
89$46,612,016$19,849,597$15,306,581$31,631,908
90$51,314,777$20,770,563$15,767,687$34,121,992
91$56,495,592$21,735,028$16,242,612$36,835,546
92$62,203,172$22,745,074$16,731,769$39,794,038
93$68,491,193$23,802,880$17,235,581$43,021,069
94$75,418,806$24,910,732$17,754,484$46,542,584
95$83,051,193$26,071,027$18,288,928$50,387,110
96$91,460,183$27,286,276$18,839,376$54,586,013
97$100,724,930$28,559,112$19,406,303$59,173,791
98$110,932,659$29,892,294$19,990,200$64,188,381
99$122,179,491$31,288,717$20,591,573$69,671,516
100$134,571,348$32,751,413$21,210,939$75,669,102