Can I retire at age 73 with 5,200,000?

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 $5,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$429,411$425,586$421,854$418,212$414,655$399,308
2 years$212,580$208,621$204,784$201,063$197,455$182,166
3 years$140,312$136,336$132,509$128,823$125,274$110,524
4 years$104,185$100,221$96,432$92,810$89,346$75,248
5 years$82,515$78,575$74,835$71,287$67,919$54,510
6 years$68,073$64,162$60,478$57,009$53,742$41,031
7 years$57,761$53,883$50,258$46,870$43,707$31,690
8 years$50,031$46,188$42,622$39,318$36,259$24,926
9 years$44,021$40,215$36,711$33,490$30,535$19,871
10 years$39,217$35,447$32,005$28,869$26,018$16,002
11 years$35,288$31,557$28,177$25,125$22,376$12,988
12 years$32,017$28,324$25,006$22,038$19,391$10,606
13 years$29,251$25,596$22,341$19,456$16,909$8,704
14 years$26,882$23,266$20,074$17,271$14,822$7,171
15 years$24,831$21,254$18,124$15,403$13,051$5,927
16 years$23,038$19,500$16,432$13,791$11,534$4,911
17 years$21,458$17,959$14,953$12,391$10,227$4,078
18 years$20,054$16,595$13,650$11,167$9,093$3,392
19 years$18,800$15,380$12,496$10,090$8,105$2,825
20 years$17,673$14,292$11,468$9,139$7,240$2,356
21 years$16,655$13,312$10,548$8,294$6,479$1,967
22 years$15,730$12,427$9,722$7,541$5,807$1,643
23 years$14,887$11,622$8,976$6,868$5,213$1,374
24 years$14,115$10,889$8,302$6,264$4,686$1,149
25 years$13,406$10,219$7,689$5,721$4,216$962
26 years$12,753$9,604$7,131$5,231$3,798$805
27 years$12,149$9,039$6,622$4,788$3,424$674
28 years$11,590$8,517$6,156$4,387$3,090$565
29 years$11,070$8,035$5,729$4,023$2,790$473
30 years$10,585$7,588$5,336$3,692$2,521$397
31 years$10,133$7,173$4,975$3,391$2,279$333
32 years$9,709$6,787$4,641$3,116$2,062$279
33 years$9,312$6,428$4,334$2,865$1,866$234
34 years$8,940$6,092$4,049$2,636$1,689$196
35 years$8,589$5,778$3,786$2,427$1,530$164
36 years$8,259$5,484$3,541$2,235$1,386$138
37 years$7,947$5,209$3,315$2,059$1,256$116
38 years$7,652$4,950$3,104$1,898$1,139$97
39 years$7,373$4,707$2,908$1,750$1,033$81
40 years$7,109$4,479$2,726$1,614$937$68
41 years$6,859$4,263$2,556$1,489$850$57
42 years$6,620$4,060$2,398$1,375$771$48
43 years$6,394$3,869$2,250$1,269$700$40
44 years$6,178$3,688$2,112$1,172$635$34
45 years$5,973$3,516$1,983$1,082$577$28
46 years$5,777$3,354$1,862$999$524$24
47 years$5,590$3,201$1,750$923$476$20
48 years$5,411$3,056$1,644$853$432$17
49 years$5,241$2,918$1,545$789$392$14
50 years$5,077$2,788$1,453$729$356$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $5,200,000, adding $3,219 every year, while hoping to spend $34,273 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: 58/21/21 Blend
72$5,200,000$5,200,000$5,200,000$5,200,000
73$5,733,720$5,458,120$5,377,520$6,033,990
74$6,282,094$5,689,102$5,521,201$6,469,598
75$6,885,252$5,930,253$5,668,546$6,940,303
76$7,548,748$6,182,036$5,819,643$7,452,732
77$8,278,699$6,444,934$5,974,579$8,010,921
78$9,081,843$6,719,453$6,133,445$8,619,309
79$9,965,608$7,006,123$6,296,332$9,282,778
80$10,938,176$7,305,498$6,463,335$10,006,702
81$12,008,562$7,618,160$6,634,549$10,796,991
82$13,186,700$7,944,714$6,810,071$11,660,151
83$14,483,536$8,285,798$6,990,001$12,603,337
84$15,911,131$8,642,076$7,174,440$13,634,429
85$17,482,774$9,014,246$7,363,491$14,762,096
86$19,213,109$9,403,036$7,557,260$15,995,882
87$21,118,271$9,809,210$7,755,854$17,346,291
88$23,216,041$10,233,567$7,959,381$18,824,887
89$25,526,010$10,676,945$8,167,954$20,444,402
90$28,069,767$11,140,220$8,381,684$22,218,851
91$30,871,101$11,624,308$8,600,688$24,163,667
92$33,956,224$12,130,170$8,825,082$26,295,841
93$37,354,022$12,658,812$9,054,985$28,634,083
94$41,096,325$13,211,286$9,290,520$31,198,996
95$45,218,208$13,788,696$9,531,810$34,013,267
96$49,758,319$14,392,196$9,778,979$37,101,883
97$54,759,248$15,022,995$10,032,156$40,492,358
98$60,267,929$15,682,359$10,291,470$44,214,996
99$66,336,076$16,371,613$10,557,053$48,303,175
100$73,020,681$17,092,147$10,829,039$52,793,655