Can I retire at age 72 with 3,900,000?

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 $3,900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$322,058$319,190$316,391$313,659$310,991$302,614
2 years$159,435$156,466$153,588$150,798$148,091$139,711
3 years$105,234$102,252$99,381$96,617$93,955$85,834
4 years$78,139$75,166$72,324$69,607$67,010$59,211
5 years$61,886$58,931$56,127$53,465$50,940$43,484
6 years$51,055$48,122$45,359$42,757$40,307$33,202
7 years$43,321$40,412$37,693$35,153$32,780$26,026
8 years$37,523$34,641$31,967$29,489$27,194$20,787
9 years$33,016$30,161$27,533$25,118$22,902$16,836
10 years$29,412$26,586$24,004$21,652$19,513$13,782
11 years$26,466$23,668$21,133$18,843$16,782$11,375
12 years$24,013$21,243$18,755$16,528$14,543$9,451
13 years$21,938$19,197$16,756$14,592$12,682$7,894
14 years$20,161$17,450$15,055$12,953$11,117$6,622
15 years$18,623$15,941$13,593$11,552$9,788$5,575
16 years$17,278$14,625$12,324$10,343$8,651$4,707
17 years$16,093$13,469$11,214$9,294$7,670$3,983
18 years$15,041$12,446$10,237$8,375$6,820$3,378
19 years$14,100$11,535$9,372$7,568$6,079$2,870
20 years$13,255$10,719$8,601$6,854$5,430$2,441
21 years$12,491$9,984$7,911$6,221$4,859$2,079
22 years$11,797$9,320$7,291$5,656$4,355$1,773
23 years$11,165$8,717$6,732$5,151$3,910$1,513
24 years$10,586$8,167$6,226$4,698$3,514$1,292
25 years$10,055$7,664$5,767$4,290$3,162$1,104
26 years$9,565$7,203$5,348$3,923$2,848$944
27 years$9,112$6,779$4,966$3,591$2,568$807
28 years$8,692$6,388$4,617$3,290$2,317$691
29 years$8,302$6,026$4,296$3,017$2,092$591
30 years$7,939$5,691$4,002$2,769$1,891$506
31 years$7,599$5,380$3,731$2,543$1,709$434
32 years$7,282$5,091$3,481$2,337$1,546$371
33 years$6,984$4,821$3,250$2,149$1,399$318
34 years$6,705$4,569$3,037$1,977$1,267$273
35 years$6,442$4,334$2,839$1,820$1,147$234
36 years$6,194$4,113$2,656$1,676$1,040$200
37 years$5,960$3,907$2,486$1,545$942$172
38 years$5,739$3,713$2,328$1,424$854$147
39 years$5,530$3,531$2,181$1,313$775$126
40 years$5,332$3,359$2,044$1,211$703$108
41 years$5,144$3,197$1,917$1,117$637$93
42 years$4,965$3,045$1,798$1,031$578$79
43 years$4,795$2,901$1,687$952$525$68
44 years$4,634$2,766$1,584$879$477$58
45 years$4,480$2,637$1,487$812$433$50
46 years$4,333$2,516$1,397$750$393$43
47 years$4,193$2,401$1,312$693$357$37
48 years$4,059$2,292$1,233$640$324$32
49 years$3,930$2,189$1,159$591$294$27
50 years$3,808$2,091$1,090$547$267$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $3,900,000, adding $6,754 every year, while hoping to spend $22,586 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: 58/18/24 Blend
71$3,900,000$3,900,000$3,900,000$3,900,000
72$4,304,767$4,098,067$4,037,617$4,526,193
73$4,719,822$4,274,841$4,148,846$4,854,803
74$5,176,455$4,459,520$4,263,044$5,209,919
75$5,678,884$4,652,467$4,380,286$5,596,625
76$6,231,756$4,854,063$4,500,651$6,017,980
77$6,840,190$5,064,707$4,624,218$6,477,353
78$7,509,827$5,284,815$4,751,067$6,978,448
79$8,246,883$5,514,825$4,881,281$7,525,340
80$9,058,207$5,755,193$5,014,946$8,122,516
81$9,951,345$6,006,399$5,152,148$8,774,910
82$10,934,614$6,268,944$5,292,976$9,487,954
83$12,017,175$6,543,352$5,437,521$10,267,627
84$13,209,125$6,830,175$5,585,877$11,120,508
85$14,521,589$7,129,987$5,738,137$12,053,841
86$15,966,826$7,443,392$5,894,400$13,075,599
87$17,558,345$7,771,020$6,054,764$14,194,560
88$19,311,030$8,113,534$6,219,333$15,420,387
89$21,241,283$8,471,625$6,388,209$16,763,723
90$23,367,179$8,846,020$6,561,499$18,236,281
91$25,708,633$9,237,477$6,739,311$19,850,962
92$28,287,594$9,646,793$6,921,758$21,621,972
93$31,128,243$10,074,801$7,108,952$23,564,953
94$34,257,231$10,522,373$7,301,009$25,697,133
95$37,703,924$10,990,425$7,498,048$28,037,482
96$41,500,682$11,479,914$7,700,191$30,606,897
97$45,683,165$11,991,843$7,907,560$33,428,388
98$50,290,667$12,527,262$8,120,283$36,527,302
99$55,366,491$13,087,274$8,338,488$39,931,556
100$60,958,353$13,673,031$8,562,307$43,671,898