Can I retire at age 72 with 13,700,000?

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 $13,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$1,131,333$1,121,256$1,111,424$1,101,828$1,092,457$1,056,219
2 years$560,066$549,635$539,526$529,725$520,218$484,060
3 years$369,668$359,193$349,109$339,400$330,048$295,105
4 years$274,488$264,045$254,062$244,518$235,393$201,934
5 years$217,395$207,014$197,163$187,814$178,942$147,055
6 years$179,346$169,043$159,337$150,196$141,591$111,302
7 years$152,178$141,962$132,410$123,484$115,151$86,456
8 years$131,811$121,687$112,294$103,588$95,529$68,407
9 years$115,979$105,951$96,719$88,234$80,449$54,867
10 years$103,321$93,390$84,321$76,059$68,547$44,465
11 years$92,971$83,140$74,235$66,194$58,952$36,325
12 years$84,352$74,622$65,882$58,061$51,087$29,863
13 years$77,065$67,437$58,861$51,259$44,549$24,674
14 years$70,824$61,298$52,887$45,502$39,051$20,470
15 years$65,420$55,997$47,750$40,580$34,384$17,039
16 years$60,696$51,376$43,292$36,335$30,388$14,221
17 years$56,533$47,315$39,394$32,647$26,945$11,896
18 years$52,836$43,721$35,962$29,421$23,958$9,969
19 years$49,532$40,521$32,921$26,584$21,354$8,368
20 years$46,562$37,654$30,214$24,077$19,074$7,032
21 years$43,878$35,073$27,791$21,852$17,069$5,916
22 years$41,442$32,739$25,613$19,868$15,300$4,981
23 years$39,221$30,620$23,649$18,094$13,734$4,198
24 years$37,188$28,689$21,872$16,503$12,345$3,539
25 years$35,321$26,924$20,258$15,072$11,108$2,986
26 years$33,600$25,304$18,788$13,781$10,006$2,520
27 years$32,009$23,814$17,446$12,614$9,021$2,128
28 years$30,534$22,440$16,219$11,557$8,140$1,797
29 years$29,164$21,169$15,093$10,598$7,350$1,518
30 years$27,887$19,992$14,058$9,726$6,641$1,283
31 years$26,695$18,899$13,106$8,933$6,004$1,084
32 years$25,580$17,882$12,228$8,210$5,431$916
33 years$24,535$16,935$11,418$7,549$4,915$775
34 years$23,553$16,051$10,668$6,946$4,450$655
35 years$22,629$15,224$9,974$6,394$4,031$554
36 years$21,759$14,449$9,330$5,889$3,652$468
37 years$20,937$13,724$8,733$5,426$3,310$396
38 years$20,161$13,042$8,178$5,001$3,001$335
39 years$19,426$12,402$7,662$4,611$2,721$283
40 years$18,730$11,800$7,182$4,253$2,468$240
41 years$18,070$11,232$6,734$3,924$2,239$203
42 years$17,442$10,697$6,317$3,622$2,032$172
43 years$16,845$10,192$5,927$3,343$1,844$145
44 years$16,278$9,715$5,564$3,087$1,674$123
45 years$15,736$9,264$5,224$2,851$1,520$104
46 years$15,220$8,838$4,907$2,633$1,380$88
47 years$14,728$8,434$4,610$2,433$1,253$74
48 years$14,257$8,051$4,332$2,248$1,138$63
49 years$13,807$7,689$4,072$2,078$1,033$53
50 years$13,376$7,344$3,828$1,920$939$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $13,700,000, adding $2,584 every year, while hoping to spend $37,508 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: 60/32/8 Blend
71$13,700,000$13,700,000$13,700,000$13,700,000
72$15,100,065$14,373,965$14,161,615$15,979,886
73$16,600,364$15,038,381$14,596,121$17,234,227
74$18,252,436$15,734,097$15,043,926$18,597,239
75$20,071,722$16,462,606$15,505,436$20,082,958
76$22,075,238$17,225,474$15,981,068$21,703,194
77$24,281,733$18,024,343$16,471,255$23,470,931
78$26,711,867$18,860,933$16,976,439$25,400,444
79$29,388,408$19,737,048$17,497,079$27,507,430
80$32,336,440$20,654,579$18,033,647$29,809,150
81$35,583,611$21,615,507$18,586,628$32,324,588
82$39,160,381$22,621,909$19,156,522$35,074,625
83$43,100,321$23,675,963$19,743,846$38,082,230
84$47,440,420$24,779,951$20,349,131$41,372,672
85$52,221,441$25,936,267$20,972,925$44,973,751
86$57,488,302$27,147,418$21,615,792$48,916,056
87$63,290,501$28,416,035$22,278,314$53,233,247
88$69,682,585$29,744,872$22,961,090$57,962,363
89$76,724,659$31,136,822$23,664,736$63,144,168
90$84,482,960$32,594,911$24,389,891$68,823,528
91$93,030,477$34,122,318$25,137,208$75,049,824
92$102,447,645$35,722,370$25,907,363$81,877,412
93$112,823,097$37,398,559$26,701,052$89,366,127
94$124,254,508$39,154,543$27,518,993$97,581,838
95$136,849,512$40,994,160$28,361,923$106,597,062
96$150,726,719$42,921,431$29,230,604$116,491,638
97$166,016,835$44,940,572$30,125,821$127,353,469
98$182,863,898$47,056,005$31,048,381$139,279,343
99$201,426,631$49,272,365$31,999,117$152,375,834
100$221,879,947$51,594,511$32,978,887$166,760,296