Can I retire at age 72 with 14,100,000?

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 $14,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$1,164,365$1,153,993$1,143,874$1,133,998$1,124,354$1,116,800
2 years$576,418$565,683$555,279$545,191$535,407$527,788
3 years$380,462$369,680$359,302$349,309$339,684$332,237
4 years$282,503$271,754$261,480$251,658$242,265$235,047
5 years$223,742$213,058$202,919$193,297$184,166$177,198
6 years$184,582$173,978$163,989$154,581$145,725$139,015
7 years$156,621$146,107$136,275$127,090$118,513$112,066
8 years$135,660$125,240$115,572$106,613$98,318$92,133
9 years$119,365$109,044$99,543$90,810$82,798$76,874
10 years$106,337$96,117$86,783$78,279$70,548$64,882
11 years$95,685$85,567$76,403$68,126$60,674$55,261
12 years$86,815$76,801$67,805$59,756$52,579$47,415
13 years$79,315$69,405$60,580$52,756$45,849$40,929
14 years$72,892$63,088$54,431$46,831$40,191$35,509
15 years$67,330$57,632$49,144$41,765$35,388$30,937
16 years$62,468$52,876$44,556$37,396$31,276$27,050
17 years$58,183$48,697$40,544$33,600$27,731$23,723
18 years$54,378$44,998$37,012$30,280$24,657$20,860
19 years$50,978$41,704$33,883$27,361$21,978$18,384
20 years$47,921$38,753$31,096$24,780$19,631$16,234
21 years$45,160$36,097$28,602$22,490$17,567$14,359
22 years$42,652$33,695$26,361$20,448$15,747$12,720
23 years$40,366$31,514$24,340$18,623$14,135$11,283
24 years$38,274$29,527$22,510$16,985$12,705$10,020
25 years$36,352$27,710$20,849$15,512$11,433$8,906
26 years$34,581$26,043$19,336$14,183$10,298$7,924
27 years$32,943$24,509$17,956$12,982$9,285$7,056
28 years$31,426$23,095$16,692$11,894$8,378$6,287
29 years$30,015$21,787$15,533$10,907$7,565$5,605
30 years$28,702$20,576$14,469$10,010$6,835$5,000
31 years$27,475$19,451$13,489$9,194$6,180$4,462
32 years$26,327$18,405$12,585$8,449$5,590$3,984
33 years$25,251$17,429$11,751$7,770$5,059$3,559
34 years$24,241$16,519$10,979$7,149$4,580$3,180
35 years$23,290$15,668$10,265$6,581$4,149$2,842
36 years$22,394$14,871$9,603$6,061$3,759$2,541
37 years$21,549$14,124$8,988$5,584$3,407$2,272
38 years$20,750$13,423$8,417$5,147$3,089$2,032
39 years$19,993$12,764$7,886$4,746$2,801$1,818
40 years$19,277$12,144$7,391$4,377$2,540$1,627
41 years$18,597$11,560$6,931$4,039$2,305$1,456
42 years$17,951$11,009$6,501$3,727$2,091$1,303
43 years$17,337$10,490$6,100$3,441$1,898$1,166
44 years$16,753$9,999$5,726$3,177$1,723$1,044
45 years$16,196$9,535$5,377$2,934$1,564$935
46 years$15,665$9,096$5,050$2,710$1,420$837
47 years$15,158$8,680$4,744$2,504$1,289$749
48 years$14,673$8,286$4,458$2,314$1,171$671
49 years$14,210$7,913$4,191$2,138$1,064$601
50 years$13,767$7,559$3,940$1,976$966$538

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $14,100,000, adding $4,859 every year, while hoping to spend $34,703 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: 56/15/29 Blend
71$14,100,000$14,100,000$14,100,000$14,100,000
72$15,543,212$14,795,912$14,577,362$16,288,846
73$17,091,696$15,483,988$15,028,780$17,491,123
74$18,796,962$16,204,617$15,494,157$18,796,435
75$20,674,966$16,959,356$15,973,925$20,218,029
76$22,743,288$17,749,841$16,468,527$21,767,146
77$25,021,303$18,577,782$16,978,422$23,456,149
78$27,530,359$19,444,976$17,504,082$25,298,637
79$30,293,980$20,353,305$18,045,994$27,309,568
80$33,338,089$21,304,740$18,604,658$29,505,401
81$36,691,253$22,301,351$19,180,592$31,904,245
82$40,384,948$23,345,305$19,774,330$34,526,027
83$44,453,863$24,438,875$20,386,420$37,392,676
84$48,936,221$25,584,444$21,017,429$40,528,325
85$53,874,144$26,784,510$21,667,942$43,959,536
86$59,314,047$28,041,691$22,338,558$47,715,545
87$65,307,080$29,358,734$23,029,900$51,828,537
88$71,909,607$30,738,517$23,742,606$56,333,939
89$79,183,739$32,184,057$24,477,336$61,270,754
90$87,197,923$33,698,517$25,234,769$66,681,923
91$96,027,582$35,285,216$26,015,605$72,614,724
92$105,755,834$36,947,631$26,820,567$79,121,214
93$116,474,272$38,689,407$27,650,398$86,258,713
94$128,283,827$40,514,367$28,505,865$94,090,340
95$141,295,726$42,426,520$29,387,761$102,685,603
96$155,632,537$44,430,067$30,296,898$112,121,047
97$171,429,330$46,529,414$31,234,118$122,480,971
98$188,834,947$48,729,181$32,200,286$133,858,216
99$208,013,412$51,034,210$33,196,296$146,355,033
100$229,145,475$53,449,582$34,223,067$160,084,042