Can I retire at age 72 with 15,400,000?

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 $15,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$1,271,718$1,260,390$1,249,338$1,238,551$1,228,018$1,186,809
2 years$629,563$617,838$606,475$595,457$584,770$543,660
3 years$415,540$403,764$392,429$381,515$371,002$331,281
4 years$308,549$296,809$285,588$274,860$264,602$226,573
5 years$244,371$232,702$221,628$211,119$201,146$164,911
6 years$201,600$190,019$179,108$168,834$159,160$124,748
7 years$171,061$159,577$148,840$138,807$129,440$96,846
8 years$148,168$136,787$126,228$116,442$107,383$76,582
9 years$130,371$119,098$108,720$99,183$90,432$61,387
10 years$116,142$104,979$94,785$85,497$77,052$49,717
11 years$104,507$93,457$83,447$74,408$66,268$40,589
12 years$94,819$83,882$74,057$65,265$57,426$33,346
13 years$86,627$75,805$66,165$57,620$50,077$27,534
14 years$79,612$68,904$59,450$51,148$43,897$22,827
15 years$73,538$62,945$53,675$45,615$38,650$18,987
16 years$68,228$57,751$48,664$40,844$34,159$15,836
17 years$63,548$53,187$44,283$36,698$30,288$13,237
18 years$59,392$49,147$40,424$33,072$26,931$11,085
19 years$55,678$45,549$37,006$29,883$24,004$9,297
20 years$52,340$42,326$33,963$27,065$21,441$7,807
21 years$49,323$39,425$31,239$24,563$19,187$6,563
22 years$46,585$36,802$28,792$22,334$17,198$5,522
23 years$44,088$34,420$26,584$20,340$15,438$4,649
24 years$41,803$32,249$24,586$18,551$13,876$3,917
25 years$39,704$30,264$22,771$16,942$12,487$3,302
26 years$37,769$28,444$21,119$15,491$11,247$2,785
27 years$35,981$26,769$19,611$14,179$10,141$2,349
28 years$34,323$25,224$18,231$12,991$9,150$1,982
29 years$32,783$23,796$16,966$11,913$8,262$1,673
30 years$31,348$22,473$15,803$10,933$7,465$1,413
31 years$30,008$21,244$14,732$10,041$6,749$1,193
32 years$28,754$20,101$13,746$9,228$6,105$1,008
33 years$27,579$19,036$12,834$8,486$5,525$851
34 years$26,475$18,042$11,992$7,808$5,003$719
35 years$25,437$17,113$11,211$7,188$4,531$608
36 years$24,459$16,242$10,488$6,620$4,105$513
37 years$23,535$15,427$9,817$6,099$3,721$434
38 years$22,663$14,661$9,193$5,622$3,373$367
39 years$21,837$13,941$8,613$5,183$3,059$310
40 years$21,054$13,264$8,073$4,781$2,775$262
41 years$20,312$12,626$7,570$4,411$2,517$221
42 years$19,606$12,024$7,101$4,071$2,284$187
43 years$18,936$11,457$6,663$3,758$2,073$158
44 years$18,297$10,921$6,254$3,470$1,882$134
45 years$17,689$10,414$5,873$3,204$1,708$113
46 years$17,109$9,934$5,516$2,960$1,551$95
47 years$16,555$9,481$5,182$2,735$1,408$81
48 years$16,026$9,050$4,869$2,527$1,279$68
49 years$15,520$8,643$4,577$2,335$1,162$58
50 years$15,036$8,256$4,303$2,159$1,055$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $15,400,000, adding $2,686 every year, while hoping to spend $35,271 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: 49/27/24 Blend
71$15,400,000$15,400,000$15,400,000$15,400,000
72$16,973,571$16,157,371$15,918,671$17,689,910
73$18,667,347$16,911,554$16,414,418$18,943,959
74$20,532,706$17,701,510$16,925,591$20,301,831
75$22,587,112$18,528,954$17,452,669$21,776,349
76$24,849,810$19,395,685$17,996,146$23,378,539
77$27,342,006$20,303,589$18,556,532$25,120,511
78$30,087,068$21,254,642$19,134,352$27,015,574
79$33,110,745$22,250,916$19,730,150$29,078,354
80$36,441,414$23,294,584$20,344,482$31,324,927
81$40,110,342$24,387,922$20,977,926$33,772,965
82$44,151,986$25,533,319$21,631,076$36,441,898
83$48,604,315$26,733,278$22,304,543$39,353,089
84$53,509,169$27,990,423$22,998,959$42,530,031
85$58,912,655$29,307,505$23,714,976$45,998,562
86$64,865,582$30,687,409$24,453,264$49,787,101
87$71,423,939$32,133,159$25,214,515$53,926,909
88$78,649,423$33,647,926$25,999,444$58,452,377
89$86,610,024$35,235,034$26,808,785$63,401,342
90$95,380,664$36,897,969$27,643,297$68,815,436
91$105,043,908$38,640,384$28,503,763$74,740,472
92$115,690,736$40,466,113$29,390,988$81,226,861
93$127,421,409$42,379,171$30,305,805$88,330,089
94$140,346,413$44,383,770$31,249,070$96,111,219
95$154,587,500$46,484,328$32,221,666$104,637,467
96$170,278,839$48,685,474$33,224,506$113,982,818
97$187,568,282$50,992,064$34,258,529$124,228,718
98$206,618,760$53,409,188$35,324,703$135,464,828
99$227,609,820$55,942,185$36,424,027$147,789,860
100$250,739,321$58,596,651$37,557,531$161,312,495