Can I retire at age 72 with 16,100,000?

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 $16,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$1,329,523$1,317,680$1,306,126$1,294,849$1,283,837$1,234,850
2 years$658,180$645,922$634,042$622,523$611,351$562,574
3 years$434,428$422,117$410,267$398,857$387,866$340,834
4 years$322,574$310,301$298,569$287,354$276,629$231,700
5 years$255,479$243,280$231,702$220,715$210,289$167,579
6 years$210,764$198,656$187,250$176,508$166,395$125,932
7 years$178,837$166,831$155,605$145,117$135,323$97,096
8 years$154,902$143,005$131,966$121,735$112,264$76,236
9 years$136,297$124,512$113,662$103,691$94,542$60,662
10 years$121,421$109,751$99,093$89,383$80,555$48,759
11 years$109,257$97,705$87,240$77,790$69,280$39,497
12 years$99,129$87,694$77,423$68,232$60,036$32,190
13 years$90,565$79,250$69,173$60,239$52,353$26,362
14 years$83,231$72,036$62,152$53,473$45,892$21,673
15 years$76,880$65,806$56,115$47,689$40,407$17,874
16 years$71,329$60,376$50,876$42,700$35,712$14,779
17 years$66,436$55,604$46,295$38,366$31,665$12,244
18 years$62,092$51,381$42,262$34,575$28,155$10,162
19 years$58,209$47,619$38,689$31,242$25,095$8,446
20 years$54,719$44,250$35,506$28,295$22,415$7,027
21 years$51,565$41,217$32,659$25,680$20,059$5,853
22 years$48,702$38,475$30,100$23,349$17,980$4,878
23 years$46,092$35,985$27,792$21,264$16,140$4,069
24 years$43,703$33,715$25,703$19,394$14,507$3,395
25 years$41,508$31,640$23,806$17,712$13,054$2,835
26 years$39,486$29,737$22,079$16,195$11,759$2,368
27 years$37,616$27,986$20,502$14,824$10,601$1,978
28 years$35,883$26,371$19,060$13,582$9,566$1,653
29 years$34,273$24,878$17,737$12,455$8,638$1,382
30 years$32,773$23,494$16,521$11,430$7,805$1,155
31 years$31,372$22,210$15,402$10,498$7,056$966
32 years$30,061$21,015$14,370$9,648$6,383$808
33 years$28,833$19,902$13,418$8,872$5,777$676
34 years$27,679$18,862$12,537$8,163$5,230$565
35 years$26,593$17,891$11,721$7,514$4,737$473
36 years$25,571$16,981$10,965$6,921$4,292$395
37 years$24,605$16,128$10,263$6,376$3,890$331
38 years$23,693$15,327$9,611$5,877$3,527$277
39 years$22,829$14,575$9,004$5,419$3,198$232
40 years$22,011$13,867$8,440$4,998$2,901$194
41 years$21,235$13,200$7,914$4,612$2,632$162
42 years$20,498$12,571$7,423$4,256$2,388$136
43 years$19,797$11,978$6,966$3,929$2,167$114
44 years$19,129$11,417$6,539$3,628$1,967$95
45 years$18,493$10,887$6,139$3,350$1,786$79
46 years$17,887$10,386$5,766$3,095$1,621$67
47 years$17,308$9,911$5,417$2,859$1,472$56
48 years$16,754$9,462$5,091$2,642$1,337$47
49 years$16,225$9,035$4,785$2,442$1,214$39
50 years$15,719$8,631$4,499$2,257$1,103$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $16,100,000, adding $3,118 every year, while hoping to spend $43,303 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: 26/44/30 Blend
71$16,100,000$16,100,000$16,100,000$16,100,000
72$17,745,416$16,892,116$16,642,566$18,040,983
73$19,509,375$17,673,756$17,154,018$19,068,606
74$21,451,805$18,492,245$17,681,152$20,166,456
75$23,590,867$19,349,342$18,224,449$21,343,478
76$25,946,569$20,246,893$18,784,401$22,606,410
77$28,540,959$21,186,831$19,361,519$23,962,621
78$31,398,335$22,171,184$19,956,327$25,420,169
79$34,545,468$23,202,074$20,569,367$26,987,875
80$38,011,860$24,281,731$21,201,195$28,675,392
81$41,830,021$25,412,487$21,852,387$30,493,290
82$46,035,774$26,596,790$22,523,533$32,453,146
83$50,668,596$27,837,205$23,215,244$34,567,645
84$55,771,986$29,136,422$23,928,148$36,850,686
85$61,393,881$30,497,259$24,662,893$39,317,505
86$67,587,104$31,922,671$25,420,147$41,984,809
87$74,409,863$33,415,756$26,200,596$44,870,919
88$81,926,302$34,979,762$27,004,950$47,995,933
89$90,207,108$36,618,093$27,833,939$51,381,900
90$99,330,172$38,334,319$28,688,315$55,053,019
91$109,381,330$40,132,181$29,568,853$59,035,852
92$120,455,170$42,015,602$30,476,354$63,359,558
93$132,655,925$43,988,694$31,411,639$68,056,156
94$146,098,458$46,055,769$32,375,558$73,160,809
95$160,909,346$48,221,346$33,368,984$78,712,143
96$177,228,073$50,490,166$34,392,819$84,752,588
97$195,208,348$52,867,196$35,447,991$91,328,766
98$215,019,557$55,357,646$36,535,455$98,491,912
99$236,848,357$57,966,976$37,656,199$106,298,332
100$260,900,444$60,700,913$38,811,236$114,809,920