Can I retire at age 73 with 4,100,000?

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 $4,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$338,574$335,558$332,616$329,744$326,940$317,237
2 years$167,611$164,489$161,464$158,531$155,686$145,990
3 years$110,631$107,496$104,478$101,572$98,773$89,389
4 years$82,146$79,021$76,033$73,177$70,446$61,446
5 years$65,060$61,953$59,005$56,207$53,552$44,959
6 years$53,673$50,589$47,685$44,949$42,374$34,197
7 years$45,542$42,485$39,626$36,955$34,461$26,700
8 years$39,447$36,417$33,606$31,001$28,589$21,238
9 years$34,709$31,708$28,945$26,406$24,076$17,128
10 years$30,921$27,949$25,235$22,762$20,514$13,960
11 years$27,823$24,881$22,216$19,810$17,643$11,470
12 years$25,244$22,332$19,716$17,376$15,289$9,486
13 years$23,063$20,182$17,615$15,340$13,332$7,886
14 years$21,195$18,345$15,827$13,617$11,687$6,584
15 years$19,578$16,758$14,290$12,144$10,290$5,515
16 years$18,165$15,375$12,956$10,874$9,094$4,633
17 years$16,918$14,160$11,790$9,770$8,064$3,901
18 years$15,812$13,085$10,762$8,805$7,170$3,291
19 years$14,823$12,127$9,852$7,956$6,391$2,781
20 years$13,935$11,269$9,042$7,206$5,708$2,353
21 years$13,132$10,496$8,317$6,540$5,108$1,994
22 years$12,402$9,798$7,665$5,946$4,579$1,691
23 years$11,738$9,164$7,078$5,415$4,110$1,435
24 years$11,129$8,586$6,546$4,939$3,694$1,218
25 years$10,570$8,057$6,062$4,510$3,324$1,035
26 years$10,055$7,573$5,623$4,124$2,994$880
27 years$9,579$7,127$5,221$3,775$2,700$749
28 years$9,138$6,716$4,854$3,459$2,436$637
29 years$8,728$6,335$4,517$3,172$2,200$542
30 years$8,346$5,983$4,207$2,911$1,988$461
31 years$7,989$5,656$3,922$2,673$1,797$393
32 years$7,655$5,352$3,660$2,457$1,625$335
33 years$7,342$5,068$3,417$2,259$1,471$285
34 years$7,049$4,803$3,193$2,079$1,332$243
35 years$6,772$4,556$2,985$1,914$1,206$207
36 years$6,512$4,324$2,792$1,762$1,093$176
37 years$6,266$4,107$2,614$1,624$991$150
38 years$6,034$3,903$2,447$1,497$898$128
39 years$5,814$3,712$2,293$1,380$814$109
40 years$5,605$3,531$2,149$1,273$739$93
41 years$5,408$3,361$2,015$1,174$670$79
42 years$5,220$3,201$1,890$1,084$608$68
43 years$5,041$3,050$1,774$1,000$552$58
44 years$4,871$2,907$1,665$924$501$49
45 years$4,709$2,773$1,563$853$455$42
46 years$4,555$2,645$1,468$788$413$36
47 years$4,408$2,524$1,380$728$375$30
48 years$4,267$2,410$1,296$673$341$26
49 years$4,132$2,301$1,219$622$309$22
50 years$4,003$2,198$1,146$575$281$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $4,100,000, adding $2,824 every year, while hoping to spend $51,095 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: 75/15/10 Blend
72$4,100,000$4,100,000$4,100,000$4,100,000
73$4,521,113$4,303,813$4,240,263$4,851,882
74$4,927,902$4,460,335$4,327,947$5,226,778
75$5,374,471$4,622,814$4,416,856$5,630,772
76$5,864,823$4,791,489$4,506,977$6,072,057
77$6,403,369$4,966,606$4,598,295$6,554,317
78$6,994,968$5,148,424$4,690,793$7,081,606
79$7,644,971$5,337,213$4,784,451$7,658,388
80$8,359,274$5,533,253$4,879,246$8,289,578
81$9,144,374$5,736,836$4,975,155$8,980,588
82$10,007,426$5,948,267$5,072,148$9,737,380
83$10,956,315$6,167,864$5,170,197$10,566,514
84$11,999,726$6,395,957$5,269,266$11,475,220
85$13,147,230$6,632,891$5,369,318$12,471,458
86$14,409,371$6,879,026$5,470,314$13,563,995
87$15,797,766$7,134,737$5,572,208$14,762,487
88$17,325,214$7,400,415$5,674,953$16,077,570
89$19,005,819$7,676,468$5,778,497$17,520,958
90$20,855,118$7,963,320$5,882,782$19,105,555
91$22,890,232$8,261,416$5,987,748$20,845,576
92$25,130,028$8,571,216$6,093,329$22,756,679
93$27,595,289$8,893,205$6,199,454$24,856,111
94$30,308,920$9,227,883$6,306,047$27,162,875
95$33,296,157$9,575,777$6,413,027$29,697,901
96$36,584,808$9,937,433$6,520,306$32,484,251
97$40,205,513$10,313,421$6,627,791$35,547,330
98$44,192,035$10,704,339$6,735,382$38,915,126
99$48,581,578$11,110,806$6,842,972$42,618,474
100$53,415,135$11,533,473$6,950,448$46,691,348