Can I retire at age 72 with 13,200,000?

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 $13,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$1,090,044$1,080,334$1,070,861$1,061,615$1,052,587$1,027,141
2 years$539,626$529,576$519,835$510,392$501,232$475,748
3 years$356,177$346,083$336,368$327,013$318,002$293,278
4 years$264,470$254,408$244,790$235,594$226,802$203,027
5 years$209,461$199,459$189,967$180,959$172,411$149,652
6 years$172,800$162,873$153,521$144,714$136,423$114,702
7 years$146,624$136,781$127,577$118,978$110,948$90,269
8 years$127,001$117,246$108,195$99,807$92,042$72,396
9 years$111,746$102,084$93,189$85,014$77,513$58,883
10 years$99,550$89,982$81,244$73,283$66,045$48,410
11 years$89,578$80,106$71,526$63,778$56,801$40,137
12 years$81,273$71,899$63,477$55,942$49,222$33,501
13 years$74,252$64,975$56,713$49,388$42,923$28,114
14 years$68,239$59,061$50,957$43,841$37,626$23,698
15 years$63,032$53,953$46,007$39,099$33,129$20,047
16 years$58,481$49,501$41,712$35,009$29,279$17,011
17 years$54,469$45,589$37,956$31,455$25,961$14,470
18 years$50,907$42,126$34,649$28,347$23,083$12,335
19 years$47,724$39,042$31,720$25,614$20,575$10,534
20 years$44,863$36,280$29,111$23,199$18,378$9,009
21 years$42,277$33,793$26,776$21,054$16,446$7,715
22 years$39,930$31,544$24,679$19,143$14,742$6,614
23 years$37,790$29,503$22,786$17,434$13,233$5,675
24 years$35,831$27,642$21,073$15,901$11,894$4,873
25 years$34,032$25,941$19,518$14,522$10,703$4,187
26 years$32,373$24,380$18,102$13,278$9,641$3,600
27 years$30,841$22,945$16,809$12,153$8,692$3,097
28 years$29,420$21,621$15,627$11,135$7,843$2,665
29 years$28,100$20,397$14,542$10,211$7,082$2,294
30 years$26,869$19,262$13,545$9,371$6,399$1,976
31 years$25,721$18,209$12,628$8,607$5,785$1,702
32 years$24,647$17,230$11,782$7,910$5,233$1,466
33 years$23,639$16,317$11,001$7,274$4,736$1,264
34 years$22,693$15,465$10,279$6,693$4,288$1,089
35 years$21,803$14,668$9,610$6,161$3,884$939
36 years$20,965$13,922$8,990$5,674$3,519$809
37 years$20,173$13,223$8,414$5,228$3,189$698
38 years$19,425$12,566$7,880$4,819$2,891$602
39 years$18,717$11,949$7,382$4,443$2,622$519
40 years$18,046$11,369$6,919$4,098$2,378$448
41 years$17,410$10,822$6,488$3,781$2,158$386
42 years$16,806$10,307$6,086$3,489$1,958$333
43 years$16,231$9,820$5,711$3,221$1,777$287
44 years$15,683$9,361$5,361$2,974$1,613$248
45 years$15,162$8,926$5,034$2,747$1,464$214
46 years$14,665$8,515$4,728$2,537$1,329$184
47 years$14,190$8,126$4,442$2,344$1,207$159
48 years$13,737$7,757$4,174$2,166$1,096$137
49 years$13,303$7,408$3,923$2,002$996$118
50 years$12,888$7,076$3,688$1,850$904$102

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $13,200,000, adding $4,677 every year, while hoping to spend $21,127 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: 82/13/5 Blend
71$13,200,000$13,200,000$13,200,000$13,200,000
72$14,551,224$13,851,624$13,647,024$15,742,782
73$16,012,970$14,507,875$14,081,721$17,178,133
74$17,623,106$15,195,574$14,530,271$18,750,142
75$19,396,746$15,916,239$14,993,118$20,475,135
76$21,350,543$16,671,464$15,470,717$22,368,403
77$23,502,850$17,462,918$15,963,538$24,446,783
78$25,873,891$18,292,352$16,472,066$26,728,812
79$28,485,952$19,161,600$16,996,804$29,234,905
80$31,363,589$20,072,589$17,538,268$31,987,544
81$34,533,866$21,027,337$18,096,991$35,011,484
82$38,026,604$22,027,960$18,673,523$38,333,992
83$41,874,665$23,076,677$19,268,434$41,985,096
84$46,114,263$24,175,816$19,882,308$45,997,866
85$50,785,303$25,327,817$20,515,751$50,408,728
86$55,931,763$26,535,239$21,169,387$55,257,801
87$61,602,101$27,800,764$21,843,860$60,589,276
88$67,849,721$29,127,207$22,539,835$66,451,827
89$74,733,471$30,517,518$23,257,998$72,899,070
90$82,318,200$31,974,792$23,999,056$79,990,063
91$90,675,372$33,502,272$24,763,739$87,789,866
92$99,883,737$35,103,361$25,552,803$96,370,142
93$110,030,080$36,781,627$26,367,023$105,809,840
94$121,210,033$38,540,812$27,207,203$116,195,930
95$133,528,983$40,384,838$28,074,171$127,624,221
96$147,103,065$42,317,821$28,968,782$140,200,263
97$162,060,259$44,344,075$29,891,917$154,040,337
98$178,541,595$46,468,125$30,844,486$169,272,549
99$196,702,491$48,694,716$31,827,429$186,038,035
100$216,714,211$51,028,824$32,841,715$204,492,288