Can I retire at age 72 with 2,210,000?

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 $2,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$182,500$180,874$179,288$177,740$176,229$175,412
2 years$90,346$88,664$87,033$85,452$83,918$83,094
3 years$59,633$57,943$56,316$54,750$53,241$52,435
4 years$44,279$42,594$40,984$39,444$37,972$37,190
5 years$35,069$33,394$31,805$30,297$28,866$28,110
6 years$28,931$27,269$25,703$24,229$22,841$22,112
7 years$24,548$22,900$21,359$19,920$18,575$17,875
8 years$21,263$19,630$18,115$16,710$15,410$14,737
9 years$18,709$17,091$15,602$14,233$12,978$12,332
10 years$16,667$15,065$13,602$12,269$11,058$10,439
11 years$14,997$13,412$11,975$10,678$9,510$8,919
12 years$13,607$12,038$10,628$9,366$8,241$7,676
13 years$12,432$10,878$9,495$8,269$7,186$6,648
14 years$11,425$9,888$8,531$7,340$6,300$5,786
15 years$10,553$9,033$7,703$6,546$5,547$5,058
16 years$9,791$8,288$6,984$5,861$4,902$4,437
17 years$9,119$7,633$6,355$5,266$4,347$3,905
18 years$8,523$7,053$5,801$4,746$3,865$3,446
19 years$7,990$6,537$5,311$4,288$3,445$3,048
20 years$7,511$6,074$4,874$3,884$3,077$2,701
21 years$7,078$5,658$4,483$3,525$2,753$2,398
22 years$6,685$5,281$4,132$3,205$2,468$2,132
23 years$6,327$4,940$3,815$2,919$2,216$1,898
24 years$5,999$4,628$3,528$2,662$1,991$1,692
25 years$5,698$4,343$3,268$2,431$1,792$1,510
26 years$5,420$4,082$3,031$2,223$1,614$1,349
27 years$5,163$3,842$2,814$2,035$1,455$1,206
28 years$4,926$3,620$2,616$1,864$1,313$1,078
29 years$4,705$3,415$2,435$1,710$1,186$965
30 years$4,499$3,225$2,268$1,569$1,071$865
31 years$4,306$3,049$2,114$1,441$969$775
32 years$4,126$2,885$1,973$1,324$876$695
33 years$3,958$2,732$1,842$1,218$793$623
34 years$3,799$2,589$1,721$1,120$718$559
35 years$3,650$2,456$1,609$1,031$650$502
36 years$3,510$2,331$1,505$950$589$450
37 years$3,377$2,214$1,409$875$534$404
38 years$3,252$2,104$1,319$807$484$363
39 years$3,134$2,001$1,236$744$439$326
40 years$3,021$1,903$1,158$686$398$293
41 years$2,915$1,812$1,086$633$361$264
42 years$2,814$1,726$1,019$584$328$237
43 years$2,717$1,644$956$539$297$213
44 years$2,626$1,567$898$498$270$192
45 years$2,539$1,494$843$460$245$172
46 years$2,455$1,426$792$425$223$155
47 years$2,376$1,361$744$392$202$139
48 years$2,300$1,299$699$363$184$125
49 years$2,227$1,240$657$335$167$113
50 years$2,158$1,185$618$310$151$101

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $2,210,000, adding $2,128 every year, while hoping to spend $55,608 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: 28/49/23 Blend
71$2,210,000$2,210,000$2,210,000$2,210,000
72$2,437,615$2,320,485$2,286,230$2,488,219
73$2,627,085$2,375,022$2,303,652$2,582,555
74$2,834,018$2,430,368$2,319,794$2,678,803
75$3,060,135$2,486,504$2,334,555$2,781,053
76$3,307,333$2,543,407$2,347,827$2,889,851
77$3,577,700$2,601,052$2,359,498$3,005,804
78$3,873,534$2,659,413$2,369,450$3,129,577
79$4,197,367$2,718,457$2,377,559$3,261,907
80$4,551,986$2,778,149$2,383,695$3,403,604
81$4,940,461$2,838,450$2,387,721$3,555,564
82$5,366,171$2,899,317$2,389,493$3,718,773
83$5,832,840$2,960,703$2,388,860$3,894,319
84$6,344,568$3,022,556$2,385,665$4,083,405
85$6,905,871$3,084,818$2,379,742$4,287,354
86$7,521,722$3,147,427$2,370,916$4,507,627
87$8,197,601$3,210,314$2,359,005$4,745,838
88$8,939,543$3,273,406$2,343,818$5,003,764
89$9,754,195$3,336,621$2,325,154$5,283,369
90$10,648,880$3,399,873$2,302,804$5,586,817
91$11,631,665$3,463,066$2,276,548$5,916,497
92$12,711,438$3,526,099$2,246,155$6,275,042
93$13,897,987$3,588,861$2,211,384$6,665,361
94$15,202,099$3,651,232$2,171,982$7,090,661
95$16,635,656$3,713,085$2,127,686$7,554,478
96$18,211,748$3,774,282$2,078,219$8,060,717
97$19,944,798$3,834,673$2,023,291$8,613,681
98$21,850,696$3,894,101$1,962,600$9,218,121
99$23,946,949$3,952,394$1,895,829$9,879,276
100$26,252,845$4,009,368$1,822,647$10,602,925