Can I retire at age 73 with 18,100,000?

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 $18,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$1,494,681$1,481,367$1,468,378$1,455,699$1,443,319$1,393,218
2 years$739,941$726,160$712,805$699,855$687,295$637,337
3 years$488,394$474,554$461,232$448,404$436,048$387,803
4 years$362,645$348,847$335,659$323,050$310,993$264,829
5 years$287,216$273,501$260,485$248,133$236,412$192,451
6 years$236,946$223,334$210,510$198,434$187,065$145,341
7 years$201,052$187,555$174,935$163,144$152,134$112,640
8 years$174,145$160,770$148,359$136,857$126,210$88,913
9 years$153,228$139,979$127,782$116,572$106,287$71,141
10 years$136,504$123,384$111,403$100,486$90,562$57,508
11 years$122,830$109,842$98,077$87,453$77,886$46,858
12 years$111,443$98,588$87,041$76,708$67,494$38,420
13 years$101,815$89,095$77,765$67,722$58,856$31,658
14 years$93,570$80,985$69,873$60,116$51,593$26,192
15 years$86,431$73,981$63,086$53,613$45,427$21,739
16 years$80,190$67,876$57,196$48,004$40,148$18,092
17 years$74,689$62,512$52,046$43,132$35,598$15,089
18 years$69,805$57,763$47,512$38,870$31,652$12,608
19 years$65,440$53,535$43,495$35,123$28,212$10,550
20 years$61,516$49,747$39,917$31,810$25,200$8,839
21 years$57,971$46,337$36,716$28,870$22,551$7,413
22 years$54,752$43,254$33,840$26,249$20,214$6,223
23 years$51,818$40,455$31,245$23,906$18,145$5,227
24 years$49,132$37,903$28,896$21,803$16,309$4,393
25 years$46,665$35,571$26,764$19,912$14,676$3,695
26 years$44,391$33,431$24,822$18,207$13,219$3,108
27 years$42,289$31,462$23,049$16,665$11,918$2,616
28 years$40,341$29,647$21,427$15,269$10,754$2,202
29 years$38,530$27,968$19,940$14,002$9,711$1,854
30 years$36,844$26,413$18,573$12,850$8,774$1,562
31 years$35,269$24,969$17,315$11,802$7,933$1,316
32 years$33,796$23,626$16,156$10,846$7,176$1,108
33 years$32,414$22,374$15,085$9,974$6,494$934
34 years$31,117$21,205$14,094$9,177$5,880$787
35 years$29,897$20,113$13,177$8,448$5,325$663
36 years$28,747$19,090$12,327$7,780$4,825$559
37 years$27,662$18,131$11,538$7,168$4,373$471
38 years$26,636$17,231$10,805$6,607$3,965$397
39 years$25,665$16,385$10,123$6,092$3,595$335
40 years$24,746$15,589$9,488$5,619$3,261$282
41 years$23,873$14,839$8,897$5,184$2,959$238
42 years$23,044$14,133$8,345$4,785$2,685$201
43 years$22,256$13,465$7,831$4,417$2,436$169
44 years$21,505$12,835$7,351$4,078$2,212$143
45 years$20,790$12,240$6,902$3,766$2,008$120
46 years$20,109$11,676$6,483$3,479$1,823$101
47 years$19,458$11,143$6,090$3,214$1,655$85
48 years$18,836$10,637$5,723$2,970$1,503$72
49 years$18,241$10,158$5,379$2,745$1,365$61
50 years$17,672$9,703$5,058$2,537$1,240$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $18,100,000, adding $4,704 every year, while hoping to spend $36,914 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: 77/7/16 Blend
72$18,100,000$18,100,000$18,100,000$18,100,000
73$19,951,052$18,991,752$18,711,202$21,417,491
74$21,946,783$19,883,072$19,298,751$23,277,409
75$24,144,842$20,816,829$19,904,746$25,311,431
76$26,565,826$21,795,064$20,529,765$27,541,029
77$29,232,434$22,819,916$21,174,407$29,985,721
78$32,169,679$23,893,628$21,839,285$32,666,996
79$35,405,122$25,018,552$22,525,037$35,608,520
80$38,969,135$26,197,152$23,232,317$38,836,354
81$42,895,187$27,432,013$23,961,800$42,379,200
82$47,220,160$28,725,845$24,714,184$46,268,667
83$51,984,694$30,081,489$25,490,187$50,539,568
84$57,233,575$31,501,924$26,290,550$55,230,247
85$63,016,155$32,990,274$27,116,039$60,382,937
86$69,386,818$34,549,812$27,967,441$66,044,156
87$76,405,493$36,183,973$28,845,571$72,265,143
88$84,138,222$37,896,356$29,751,266$79,102,341
89$92,657,779$39,690,736$30,685,391$86,617,921
90$102,044,361$41,571,071$31,648,841$94,880,372
91$112,386,343$43,541,509$32,642,533$103,965,141
92$123,781,110$45,606,404$33,667,418$113,955,340
93$136,335,981$47,770,315$34,724,475$124,942,530
94$150,169,219$50,038,029$35,814,713$137,027,580
95$165,411,147$52,414,559$36,939,173$150,321,616
96$182,205,378$54,905,167$38,098,929$164,947,063
97$200,710,173$57,515,367$39,295,090$181,038,799
98$221,099,932$60,250,942$40,528,797$198,745,426
99$243,566,843$63,117,955$41,801,229$218,230,659
100$268,322,692$66,122,766$43,113,602$239,674,879