Can I retire at age 73 with 15,300,000?

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 $15,300,000?

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$1,263,460$1,252,205$1,241,225$1,230,508$1,220,043$1,214,392
2 years$625,475$613,826$602,537$591,591$580,973$575,268
3 years$412,841$401,142$389,881$379,038$368,593$363,012
4 years$306,545$294,882$283,734$273,075$262,884$257,469
5 years$242,784$231,191$220,189$209,748$199,840$194,608
6 years$200,291$188,785$177,945$167,737$158,127$153,084
7 years$169,950$158,541$147,873$137,906$128,599$123,748
8 years$147,205$135,899$125,408$115,686$106,686$102,027
9 years$129,524$118,325$108,014$98,539$89,845$85,377
10 years$115,387$104,297$94,169$84,941$76,552$72,273
11 years$103,829$92,850$82,905$73,924$65,837$61,745
12 years$94,203$83,337$73,576$64,842$57,053$53,144
13 years$86,065$75,312$65,735$57,245$49,752$46,022
14 years$79,095$68,457$59,064$50,816$43,612$40,057
15 years$73,060$62,537$53,326$45,319$38,399$35,015
16 years$67,785$57,376$48,348$40,578$33,937$30,720
17 years$63,135$52,841$43,995$36,459$30,091$27,035
18 years$59,006$48,828$40,162$32,857$26,756$23,856
19 years$55,316$45,253$36,766$29,689$23,848$21,099
20 years$52,000$42,051$33,742$26,889$21,302$18,699
21 years$49,003$39,169$31,036$24,404$19,062$16,601
22 years$46,282$36,563$28,605$22,189$17,087$14,760
23 years$43,802$34,197$26,411$20,208$15,338$13,142
24 years$41,531$32,040$24,426$18,431$13,786$11,715
25 years$39,446$30,068$22,623$16,832$12,405$10,454
26 years$37,524$28,259$20,982$15,390$11,174$9,337
27 years$35,747$26,595$19,484$14,087$10,075$8,346
28 years$34,100$25,060$18,113$12,907$9,091$7,466
29 years$32,570$23,642$16,855$11,836$8,209$6,683
30 years$31,144$22,327$15,700$10,862$7,417$5,986
31 years$29,813$21,106$14,637$9,976$6,706$5,364
32 years$28,568$19,971$13,656$9,168$6,066$4,809
33 years$27,400$18,913$12,751$8,431$5,489$4,313
34 years$26,304$17,925$11,914$7,757$4,970$3,870
35 years$25,272$17,002$11,139$7,141$4,502$3,473
36 years$24,300$16,137$10,420$6,577$4,079$3,118
37 years$23,383$15,326$9,753$6,060$3,697$2,800
38 years$22,516$14,566$9,133$5,585$3,351$2,515
39 years$21,695$13,850$8,557$5,150$3,039$2,260
40 years$20,918$13,178$8,020$4,750$2,757$2,031
41 years$20,180$12,544$7,520$4,382$2,501$1,825
42 years$19,479$11,946$7,054$4,044$2,269$1,640
43 years$18,813$11,382$6,620$3,734$2,059$1,475
44 years$18,179$10,850$6,214$3,447$1,869$1,326
45 years$17,574$10,346$5,834$3,184$1,697$1,192
46 years$16,998$9,870$5,480$2,941$1,541$1,072
47 years$16,448$9,419$5,148$2,717$1,399$964
48 years$15,922$8,992$4,838$2,511$1,271$867
49 years$15,419$8,587$4,547$2,320$1,154$780
50 years$14,938$8,202$4,275$2,145$1,048$702

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $15,300,000, adding $4,951 every year, while hoping to spend $22,690 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: 55/18/27 Blend
72$15,300,000$15,300,000$15,300,000$15,300,000
73$16,865,707$16,054,807$15,817,657$17,667,234
74$18,561,867$16,817,351$16,323,406$18,982,550
75$20,430,275$17,616,498$16,845,338$20,411,586
76$22,488,476$18,454,020$17,383,970$21,967,563
77$24,755,805$19,331,771$17,939,837$23,662,700
78$27,253,566$20,251,697$18,513,491$25,510,430
79$30,005,238$21,215,838$19,105,501$27,525,529
80$33,036,693$22,226,335$19,716,456$29,724,246
81$36,376,440$23,285,430$20,346,962$32,124,452
82$40,055,897$24,395,475$20,997,644$34,745,809
83$44,109,683$25,558,938$21,669,150$37,609,946
84$48,575,950$26,778,406$22,362,147$40,740,662
85$53,496,740$28,056,591$23,077,321$44,164,142
86$58,918,380$29,396,336$23,815,384$47,909,201
87$64,891,925$30,800,627$24,577,069$52,007,550
88$71,473,632$32,272,589$25,363,133$56,494,091
89$78,725,500$33,815,503$26,174,355$61,407,235
90$86,715,848$35,432,809$27,011,542$66,789,267
91$95,519,962$37,128,114$27,875,527$72,686,731
92$105,220,807$38,905,201$28,767,166$79,150,866
93$115,909,810$40,768,036$29,687,346$86,238,081
94$127,687,719$42,720,779$30,636,981$94,010,481
95$140,665,562$44,767,792$31,617,015$102,536,447
96$154,965,686$46,913,651$32,628,422$111,891,268
97$170,722,918$49,163,151$33,672,206$122,157,851
98$188,085,835$51,521,326$34,749,405$133,427,488
99$207,218,170$53,993,450$35,861,089$145,800,711
100$228,300,351$56,585,057$37,008,363$159,388,231