Can I retire at age 72 with 10,200,000?

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 $10,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$842,306$834,804$827,484$820,339$813,362$803,865
2 years$416,983$409,217$401,691$394,394$387,315$377,756
3 years$275,228$267,428$259,921$252,692$245,729$236,404
4 years$204,364$196,588$189,156$182,050$175,256$166,238
5 years$161,856$154,127$146,793$139,832$133,227$124,542
6 years$133,527$125,857$118,630$111,825$105,418$97,076
7 years$113,300$105,694$98,582$91,937$85,733$77,738
8 years$98,137$90,599$83,606$77,124$71,124$63,475
9 years$86,349$78,883$72,009$65,692$59,896$52,591
10 years$76,925$69,532$62,779$56,628$51,035$44,067
11 years$69,219$61,900$55,270$49,283$43,892$37,256
12 years$62,802$55,558$49,051$43,228$38,036$31,725
13 years$57,377$50,208$43,824$38,164$33,168$27,174
14 years$52,730$45,638$39,376$33,877$29,075$23,390
15 years$48,707$41,691$35,551$30,213$25,600$20,214
16 years$45,190$38,251$32,232$27,052$22,625$17,529
17 years$42,090$35,227$29,330$24,306$20,061$15,246
18 years$39,337$32,552$26,775$21,905$17,837$13,292
19 years$36,878$30,169$24,511$19,793$15,899$11,614
20 years$34,667$28,034$22,495$17,926$14,201$10,165
21 years$32,669$26,113$20,691$16,269$12,708$8,912
22 years$30,855$24,375$19,070$14,792$11,391$7,824
23 years$29,201$22,798$17,608$13,472$10,225$6,877
24 years$27,688$21,360$16,284$12,287$9,191$6,050
25 years$26,297$20,045$15,082$11,221$8,270$5,328
26 years$25,016$18,839$13,988$10,260$7,450$4,696
27 years$23,831$17,730$12,989$9,391$6,716$4,142
28 years$22,734$16,707$12,075$8,604$6,060$3,655
29 years$21,713$15,761$11,237$7,890$5,472$3,227
30 years$20,763$14,885$10,467$7,241$4,945$2,851
31 years$19,875$14,071$9,758$6,651$4,470$2,520
32 years$19,045$13,314$9,104$6,112$4,044$2,227
33 years$18,267$12,609$8,501$5,621$3,660$1,970
34 years$17,536$11,950$7,943$5,172$3,313$1,743
35 years$16,848$11,334$7,426$4,761$3,001$1,542
36 years$16,200$10,758$6,947$4,384$2,719$1,365
37 years$15,588$10,218$6,502$4,040$2,464$1,208
38 years$15,010$9,710$6,089$3,723$2,234$1,069
39 years$14,463$9,234$5,704$3,433$2,026$947
40 years$13,945$8,785$5,347$3,167$1,838$839
41 years$13,453$8,363$5,014$2,922$1,667$743
42 years$12,986$7,964$4,703$2,696$1,513$658
43 years$12,542$7,588$4,413$2,489$1,373$583
44 years$12,119$7,233$4,142$2,298$1,246$516
45 years$11,716$6,898$3,890$2,122$1,131$458
46 years$11,332$6,580$3,653$1,961$1,027$405
47 years$10,965$6,279$3,432$1,811$933$359
48 years$10,615$5,994$3,225$1,674$847$318
49 years$10,279$5,724$3,032$1,547$769$282
50 years$9,959$5,468$2,850$1,430$699$250

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $10,200,000, adding $6,619 every year, while hoping to spend $30,211 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: 33/45/22 Blend
71$10,200,000$10,200,000$10,200,000$10,200,000
72$11,247,227$10,706,627$10,548,527$11,542,218
73$12,362,300$11,199,108$10,869,759$12,255,698
74$13,590,098$11,714,707$11,200,739$13,020,906
75$14,942,087$12,254,527$11,541,763$13,844,997
76$16,430,901$12,819,720$11,893,133$14,733,177
77$18,070,463$13,411,497$12,255,163$15,691,154
78$19,876,114$14,031,124$12,628,175$16,725,176
79$21,864,760$14,679,930$13,012,500$17,842,094
80$24,055,027$15,359,309$13,408,481$19,049,418
81$26,467,443$16,070,719$13,816,469$20,355,382
82$29,124,629$16,815,690$14,236,826$21,769,017
83$32,051,508$17,595,826$14,669,928$23,300,228
84$35,275,549$18,412,808$15,116,157$24,959,885
85$38,827,018$19,268,399$15,575,911$26,759,918
86$42,739,267$20,164,444$16,049,597$28,713,419
87$47,049,050$21,102,880$16,537,637$30,834,765
88$51,796,869$22,085,736$17,040,463$33,139,740
89$57,027,352$23,115,140$17,558,521$35,645,680
90$62,789,682$24,193,321$18,092,271$38,371,628
91$69,138,053$25,322,618$18,642,187$41,338,504
92$76,132,189$26,505,481$19,208,754$44,569,294
93$83,837,902$27,744,479$19,792,477$48,089,258
94$92,327,715$29,042,305$20,393,872$51,926,160
95$101,681,546$30,401,782$21,013,471$56,110,517
96$111,987,465$31,825,871$21,651,823$60,675,877
97$123,342,521$33,317,673$22,309,494$65,659,127
98$135,853,661$34,880,442$22,987,066$71,100,827
99$149,638,740$36,517,589$23,685,137$77,045,583
100$164,827,628$38,232,688$24,404,326$83,542,452