Can I retire at age 72 with 13,600,000?

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 $13,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$1,123,075$1,113,072$1,103,311$1,093,785$1,084,483$1,072,711
2 years$555,978$545,623$535,588$525,858$516,421$504,568
3 years$366,970$356,571$346,561$336,922$327,638$316,073
4 years$272,485$262,117$252,208$242,734$233,674$222,485
5 years$215,808$205,503$195,723$186,443$177,636$166,855
6 years$178,036$167,809$158,174$149,100$140,557$130,198
7 years$151,067$140,926$131,443$122,583$114,310$104,378
8 years$130,849$120,799$111,474$102,832$94,832$85,325
9 years$115,133$105,177$96,013$87,590$79,862$70,777
10 years$102,567$92,709$83,706$75,503$68,046$59,378
11 years$92,292$82,533$73,693$65,711$58,522$50,262
12 years$83,736$74,077$65,401$57,637$50,714$42,855
13 years$76,502$66,944$58,431$50,885$44,224$36,755
14 years$70,307$60,850$52,501$45,170$38,766$31,678
15 years$64,942$55,588$47,401$40,284$34,133$27,415
16 years$60,253$51,001$42,976$36,070$30,167$23,807
17 years$56,120$46,970$39,107$32,408$26,748$20,734
18 years$52,450$43,402$35,699$29,206$23,783$18,103
19 years$49,170$40,225$32,681$26,390$21,198$15,840
20 years$46,222$37,379$29,993$23,902$18,935$13,885
21 years$43,558$34,817$27,588$21,692$16,944$12,191
22 years$41,140$32,500$25,426$19,723$15,188$10,719
23 years$38,935$30,397$23,477$17,962$13,634$9,436
24 years$36,917$28,480$21,712$16,383$12,254$8,315
25 years$35,063$26,727$20,110$14,962$11,027$7,334
26 years$33,354$25,119$18,651$13,680$9,933$6,474
27 years$31,775$23,640$17,319$12,522$8,955$5,719
28 years$30,311$22,276$16,100$11,473$8,080$5,055
29 years$28,951$21,015$14,983$10,521$7,296$4,471
30 years$27,684$19,846$13,956$9,655$6,593$3,956
31 years$26,500$18,761$13,010$8,868$5,961$3,502
32 years$25,393$17,752$12,139$8,150$5,392$3,101
33 years$24,356$16,811$11,334$7,494$4,880$2,747
34 years$23,381$15,933$10,590$6,895$4,418$2,434
35 years$22,464$15,113$9,901$6,348$4,001$2,157
36 years$21,600$14,344$9,262$5,846$3,625$1,912
37 years$20,785$13,624$8,669$5,386$3,286$1,696
38 years$20,014$12,947$8,118$4,965$2,979$1,504
39 years$19,284$12,311$7,606$4,578$2,701$1,334
40 years$18,593$11,713$7,129$4,222$2,450$1,183
41 years$17,938$11,150$6,685$3,896$2,223$1,050
42 years$17,315$10,619$6,271$3,595$2,017$932
43 years$16,723$10,118$5,884$3,319$1,831$827
44 years$16,159$9,644$5,523$3,064$1,662$734
45 years$15,622$9,197$5,186$2,830$1,509$651
46 years$15,109$8,773$4,871$2,614$1,370$578
47 years$14,620$8,372$4,576$2,415$1,244$513
48 years$14,153$7,993$4,300$2,232$1,129$455
49 years$13,706$7,632$4,042$2,062$1,026$404
50 years$13,278$7,291$3,800$1,906$932$359

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $13,600,000, adding $2,652 every year, while hoping to spend $33,480 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: 82/5/13 Blend
71$13,600,000$13,600,000$13,600,000$13,600,000
72$14,989,936$14,269,136$14,058,336$16,182,482
73$16,483,287$14,932,701$14,493,667$17,628,696
74$18,127,837$15,627,658$14,942,461$19,211,627
75$19,938,975$16,355,512$15,405,131$20,948,686
76$21,933,654$17,117,836$15,882,107$22,855,334
77$24,130,559$17,916,282$16,373,830$24,948,601
78$26,550,279$18,752,582$16,880,756$27,247,243
79$29,215,499$19,628,551$17,403,353$29,771,919
80$32,151,220$20,546,090$17,942,105$32,545,386
81$35,384,991$21,507,195$18,497,512$35,592,708
82$38,947,168$22,513,955$19,070,087$38,941,496
83$42,871,203$23,568,564$19,660,359$42,622,166
84$47,193,961$24,673,318$20,268,876$46,668,223
85$51,956,061$25,830,627$20,896,199$51,116,574
86$57,202,267$27,043,015$21,542,910$56,007,882
87$62,981,907$28,313,132$22,209,606$61,386,940
88$69,349,338$29,643,752$22,896,905$67,303,095
89$76,364,460$31,037,786$23,605,441$73,810,714
90$84,093,282$32,498,284$24,335,870$80,969,693
91$92,608,542$34,028,445$25,088,867$88,846,021
92$101,990,398$35,631,624$25,865,129$97,512,400
93$112,327,181$37,311,335$26,665,372$107,048,930
94$123,716,229$39,071,266$27,490,338$117,543,865
95$136,264,807$40,915,281$28,340,787$129,094,437
96$150,091,120$42,847,433$29,217,506$141,807,781
97$165,325,428$44,871,970$30,121,306$155,801,934
98$182,111,272$46,993,347$31,053,021$171,206,956
99$200,606,836$49,216,236$32,013,511$188,166,145
100$220,986,435$51,545,533$33,003,665$206,837,396