Can I retire at age 73 with 3,600,000?

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 $3,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$297,285$294,637$292,053$289,531$287,069$283,482
2 years$147,171$144,430$141,773$139,198$136,700$133,090
3 years$97,139$94,386$91,737$89,185$86,728$83,208
4 years$72,128$69,384$66,761$64,253$61,855$58,452
5 years$57,126$54,398$51,809$49,352$47,021$43,745
6 years$47,127$44,420$41,869$39,468$37,206$34,061
7 years$39,988$37,304$34,794$32,448$30,259$27,246
8 years$34,637$31,976$29,508$27,220$25,102$22,221
9 years$30,476$27,841$25,415$23,186$21,140$18,389
10 years$27,150$24,541$22,157$19,986$18,012$15,390
11 years$24,430$21,847$19,507$17,394$15,491$12,995
12 years$22,165$19,609$17,312$15,257$13,424$11,052
13 years$20,251$17,721$15,467$13,470$11,706$9,454
14 years$18,611$16,107$13,897$11,957$10,262$8,127
15 years$17,191$14,714$12,547$10,663$9,035$7,014
16 years$15,949$13,500$11,376$9,548$7,985$6,074
17 years$14,855$12,433$10,352$8,579$7,080$5,275
18 years$13,884$11,489$9,450$7,731$6,295$4,593
19 years$13,016$10,648$8,651$6,986$5,611$4,007
20 years$12,235$9,894$7,939$6,327$5,012$3,502
21 years$11,530$9,216$7,303$5,742$4,485$3,066
22 years$10,890$8,603$6,731$5,221$4,020$2,687
23 years$10,306$8,046$6,214$4,755$3,609$2,358
24 years$9,772$7,539$5,747$4,337$3,244$2,072
25 years$9,281$7,075$5,323$3,960$2,919$1,822
26 years$8,829$6,649$4,937$3,621$2,629$1,603
27 years$8,411$6,258$4,584$3,315$2,371$1,411
28 years$8,024$5,897$4,262$3,037$2,139$1,244
29 years$7,664$5,563$3,966$2,785$1,931$1,096
30 years$7,328$5,253$3,694$2,556$1,745$967
31 years$7,015$4,966$3,444$2,347$1,578$853
32 years$6,722$4,699$3,213$2,157$1,427$753
33 years$6,447$4,450$3,000$1,984$1,292$665
34 years$6,189$4,218$2,803$1,825$1,169$587
35 years$5,946$4,000$2,621$1,680$1,059$519
36 years$5,718$3,797$2,452$1,547$960$458
37 years$5,502$3,606$2,295$1,426$870$405
38 years$5,298$3,427$2,149$1,314$789$358
39 years$5,105$3,259$2,013$1,212$715$316
40 years$4,922$3,101$1,887$1,118$649$280
41 years$4,748$2,951$1,770$1,031$588$247
42 years$4,583$2,811$1,660$952$534$219
43 years$4,427$2,678$1,558$878$485$193
44 years$4,277$2,553$1,462$811$440$171
45 years$4,135$2,434$1,373$749$399$151
46 years$3,999$2,322$1,289$692$363$134
47 years$3,870$2,216$1,211$639$329$118
48 years$3,746$2,116$1,138$591$299$105
49 years$3,628$2,020$1,070$546$272$93
50 years$3,515$1,930$1,006$505$247$82

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $3,600,000, adding $3,602 every year, while hoping to spend $55,132 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: 49/22/29 Blend
72$3,600,000$3,600,000$3,600,000$3,600,000
73$3,970,915$3,780,115$3,724,315$4,132,561
74$4,317,289$3,906,681$3,790,420$4,373,013
75$4,697,144$4,037,601$3,856,891$4,628,394
76$5,113,839$4,173,029$3,923,683$4,904,808
77$5,571,071$4,313,128$3,990,747$5,204,275
78$6,072,913$4,458,063$4,058,029$5,529,015
79$6,623,850$4,608,009$4,125,473$5,881,477
80$7,228,825$4,763,144$4,193,019$6,264,350
81$7,893,282$4,923,655$4,260,602$6,680,599
82$8,623,218$5,089,735$4,328,154$7,133,485
83$9,425,240$5,261,585$4,395,600$7,626,602
84$10,306,624$5,439,413$4,462,863$8,163,903
85$11,275,390$5,623,435$4,529,859$8,749,743
86$12,340,372$5,813,874$4,596,501$9,388,918
87$13,511,300$6,010,965$4,662,694$10,086,709
88$14,798,898$6,214,947$4,728,340$10,848,931
89$16,214,978$6,426,072$4,793,332$11,681,989
90$17,772,557$6,644,600$4,857,559$12,592,939
91$19,485,973$6,870,801$4,920,902$13,589,551
92$21,371,027$7,104,955$4,983,237$14,680,384
93$23,445,127$7,347,353$5,044,431$15,874,866
94$25,727,455$7,598,298$5,104,344$17,183,382
95$28,239,144$7,858,104$5,162,829$18,617,372
96$31,003,481$8,127,095$5,219,728$20,189,440
97$34,046,125$8,405,612$5,274,878$21,913,470
98$37,395,347$8,694,005$5,328,104$23,804,757
99$41,082,301$8,992,639$5,379,224$25,880,153
100$45,141,312$9,301,895$5,428,044$28,158,222