Can I retire at age 73 with 15,500,000?

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 $15,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$1,279,976$1,268,574$1,257,451$1,246,593$1,235,992$1,208,075
2 years$633,651$621,850$610,413$599,324$588,568$560,592
3 years$418,238$406,386$394,978$383,993$373,411$346,250
4 years$310,552$298,737$287,443$276,645$266,320$240,182
5 years$245,958$234,213$223,067$212,490$202,452$177,412
6 years$202,909$191,253$180,271$169,930$160,194$136,276
7 years$172,172$160,614$149,806$139,709$130,280$107,490
8 years$149,130$137,676$127,048$117,198$108,080$86,408
9 years$131,217$119,871$109,426$99,827$91,019$70,450
10 years$116,896$105,661$95,400$86,052$77,553$58,064
11 years$105,186$94,064$83,989$74,891$66,698$48,263
12 years$95,434$84,426$74,538$65,689$57,799$40,389
13 years$87,190$76,297$66,595$57,994$50,402$33,985
14 years$80,129$69,352$59,836$51,480$44,182$28,725
15 years$74,015$63,354$54,024$45,911$38,901$24,368
16 years$68,671$58,126$48,980$41,109$34,381$20,736
17 years$63,960$53,532$44,570$36,936$30,485$17,690
18 years$59,778$49,466$40,687$33,287$27,106$15,125
19 years$56,040$45,845$37,247$30,077$24,160$12,954
20 years$52,680$42,601$34,183$27,241$21,580$11,113
21 years$49,644$39,681$31,442$24,723$19,312$9,545
22 years$46,887$37,041$28,979$22,479$17,310$8,208
23 years$44,374$34,644$26,757$20,472$15,539$7,065
24 years$42,074$32,459$24,745$18,671$13,966$6,086
25 years$39,961$30,461$22,919$17,052$12,568$5,247
26 years$38,014$28,628$21,256$15,591$11,320$4,525
27 years$36,214$26,943$19,738$14,271$10,206$3,906
28 years$34,546$25,388$18,349$13,075$9,209$3,372
29 years$32,996$23,951$17,076$11,990$8,316$2,912
30 years$31,551$22,619$15,905$11,004$7,514$2,516
31 years$30,203$21,382$14,828$10,106$6,793$2,175
32 years$28,941$20,232$13,835$9,288$6,145$1,880
33 years$27,758$19,160$12,918$8,541$5,561$1,625
34 years$26,647$18,159$12,070$7,859$5,035$1,406
35 years$25,602$17,224$11,284$7,234$4,560$1,216
36 years$24,618$16,348$10,556$6,663$4,132$1,052
37 years$23,688$15,527$9,880$6,139$3,745$910
38 years$22,810$14,756$9,252$5,658$3,395$787
39 years$21,979$14,031$8,669$5,217$3,079$681
40 years$21,191$13,350$8,125$4,812$2,793$590
41 years$20,444$12,708$7,619$4,440$2,534$510
42 years$19,734$12,102$7,147$4,097$2,299$442
43 years$19,059$11,531$6,706$3,782$2,086$382
44 years$18,416$10,992$6,295$3,492$1,894$331
45 years$17,804$10,482$5,911$3,225$1,719$286
46 years$17,220$9,999$5,551$2,979$1,561$248
47 years$16,663$9,542$5,216$2,752$1,417$215
48 years$16,130$9,109$4,901$2,543$1,287$186
49 years$15,621$8,699$4,607$2,351$1,169$161
50 years$15,133$8,309$4,331$2,173$1,062$139

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $15,500,000, adding $2,724 every year, while hoping to spend $39,332 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: 64/23/13 Blend
72$15,500,000$15,500,000$15,500,000$15,500,000
73$17,083,810$16,262,310$16,022,060$18,124,893
74$18,784,509$17,017,314$16,516,950$19,576,627
75$20,657,362$17,807,995$17,027,101$21,156,928
76$22,719,886$18,636,060$17,552,981$22,882,137
77$24,991,385$19,503,297$18,095,077$24,766,365
78$27,493,130$20,411,583$18,653,885$26,825,133
79$30,248,561$21,362,882$19,229,922$29,075,517
80$33,283,506$22,359,255$19,823,716$31,536,302
81$36,626,427$23,402,862$20,435,815$34,228,156
82$40,308,689$24,495,969$21,066,781$37,173,821
83$44,364,852$25,640,948$21,717,195$40,398,324
84$48,833,001$26,840,289$22,387,655$43,929,206
85$53,755,104$28,096,599$23,078,778$47,796,778
86$59,177,407$29,412,615$23,791,199$52,034,402
87$65,150,872$30,791,203$24,525,574$56,678,801
88$71,731,658$32,235,368$25,282,578$61,770,398
89$78,981,649$33,748,263$26,062,906$67,353,694
90$86,969,040$35,333,191$26,867,276$73,477,677
91$95,768,979$36,993,615$27,696,427$80,196,285
92$105,464,279$38,733,166$28,551,122$87,568,901
93$116,146,196$40,555,652$29,432,145$95,660,910
94$127,915,292$42,465,062$30,340,305$104,544,310
95$140,882,385$44,465,583$31,276,438$114,298,379
96$155,169,592$46,561,601$32,241,403$125,010,420
97$170,911,487$48,757,716$33,236,087$136,776,572
98$188,256,365$51,058,750$34,261,402$149,702,711
99$207,367,645$53,469,760$35,318,290$163,905,442
100$228,425,413$55,996,047$36,407,721$179,513,184