Can I retire at age 72 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$129,649$128,494$127,368$126,268$125,194$123,221
2 years$64,183$62,987$61,829$60,706$59,616$57,634
3 years$42,363$41,163$40,007$38,895$37,823$35,893
4 years$31,456$30,259$29,115$28,021$26,976$25,112
5 years$24,913$23,724$22,595$21,523$20,506$18,715
6 years$20,553$19,372$18,260$17,212$16,226$14,509
7 years$17,439$16,269$15,174$14,151$13,196$11,554
8 years$15,105$13,945$12,869$11,871$10,947$9,380
9 years$13,291$12,142$11,084$10,111$9,219$7,726
10 years$11,840$10,702$9,663$8,716$7,855$6,435
11 years$10,654$9,528$8,507$7,586$6,756$5,406
12 years$9,667$8,552$7,550$6,654$5,854$4,574
13 years$8,831$7,728$6,745$5,874$5,105$3,893
14 years$8,116$7,025$6,061$5,214$4,475$3,328
15 years$7,497$6,417$5,472$4,650$3,940$2,857
16 years$6,956$5,888$4,961$4,164$3,482$2,460
17 years$6,479$5,422$4,515$3,741$3,088$2,125
18 years$6,055$5,010$4,121$3,372$2,746$1,839
19 years$5,676$4,644$3,773$3,047$2,447$1,595
20 years$5,336$4,315$3,462$2,759$2,186$1,386
21 years$5,028$4,019$3,185$2,504$1,956$1,206
22 years$4,749$3,752$2,935$2,277$1,753$1,051
23 years$4,495$3,509$2,710$2,074$1,574$916
24 years$4,262$3,288$2,506$1,891$1,415$800
25 years$4,048$3,085$2,321$1,727$1,273$699
26 years$3,850$2,900$2,153$1,579$1,147$611
27 years$3,668$2,729$1,999$1,446$1,034$535
28 years$3,499$2,572$1,859$1,324$933$468
29 years$3,342$2,426$1,730$1,215$842$410
30 years$3,196$2,291$1,611$1,115$761$359
31 years$3,059$2,166$1,502$1,024$688$315
32 years$2,931$2,049$1,401$941$622$276
33 years$2,812$1,941$1,308$865$563$242
34 years$2,699$1,839$1,223$796$510$212
35 years$2,593$1,745$1,143$733$462$186
36 years$2,494$1,656$1,069$675$419$164
37 years$2,399$1,573$1,001$622$379$144
38 years$2,310$1,495$937$573$344$126
39 years$2,226$1,421$878$528$312$111
40 years$2,146$1,352$823$487$283$97
41 years$2,071$1,287$772$450$257$85
42 years$1,999$1,226$724$415$233$75
43 years$1,930$1,168$679$383$211$66
44 years$1,865$1,113$638$354$192$58
45 years$1,803$1,062$599$327$174$51
46 years$1,744$1,013$562$302$158$45
47 years$1,688$967$528$279$144$39
48 years$1,634$923$496$258$130$34
49 years$1,582$881$467$238$118$30
50 years$1,533$842$439$220$108$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $1,570,000, adding $2,250 every year, while hoping to spend $32,744 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: 47/27/26 Blend
71$1,570,000$1,570,000$1,570,000$1,570,000
72$1,732,461$1,649,251$1,624,916$1,800,897
73$1,874,333$1,695,225$1,644,511$1,895,261
74$2,029,578$1,742,354$1,663,666$1,994,241
75$2,199,526$1,790,661$1,682,330$2,101,040
76$2,385,641$1,840,166$1,700,451$2,216,409
77$2,589,535$1,890,894$1,717,975$2,341,175
78$2,812,985$1,942,864$1,734,844$2,476,248
79$3,057,944$1,996,100$1,750,997$2,622,630
80$3,326,568$2,050,622$1,766,368$2,781,426
81$3,621,227$2,106,452$1,780,891$2,953,852
82$3,944,536$2,163,611$1,794,494$3,141,250
83$4,299,371$2,222,121$1,807,102$3,345,094
84$4,688,903$2,282,001$1,818,636$3,567,012
85$5,116,623$2,343,271$1,829,013$3,808,795
86$5,586,379$2,405,951$1,838,145$4,072,418
87$6,102,407$2,470,061$1,845,941$4,360,057
88$6,669,376$2,535,617$1,852,303$4,674,109
89$7,292,429$2,602,639$1,857,131$5,017,214
90$7,977,230$2,671,141$1,860,319$5,392,285
91$8,730,022$2,741,141$1,861,753$5,802,527
92$9,557,680$2,812,654$1,861,318$6,251,476
93$10,467,781$2,885,692$1,858,891$6,743,027
94$11,468,672$2,960,268$1,854,341$7,281,470
95$12,569,549$3,036,393$1,847,533$7,871,537
96$13,780,544$3,114,078$1,838,327$8,518,441
97$15,112,822$3,193,329$1,826,573$9,227,925
98$16,578,681$3,274,154$1,812,114$10,006,320
99$18,191,675$3,356,556$1,794,788$10,860,604
100$19,966,736$3,440,537$1,774,424$11,798,465