Can I retire at age 72 with 427,000?

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 $427,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$35,261$34,947$34,641$34,342$34,050$33,430
2 years$17,456$17,131$16,816$16,510$16,214$15,593
3 years$11,522$11,195$10,881$10,578$10,287$9,682
4 years$8,555$8,230$7,919$7,621$7,337$6,754
5 years$6,776$6,452$6,145$5,854$5,577$5,018
6 years$5,590$5,269$4,966$4,681$4,413$3,877
7 years$4,743$4,425$4,127$3,849$3,589$3,077
8 years$4,108$3,793$3,500$3,229$2,977$2,490
9 years$3,615$3,302$3,015$2,750$2,507$2,043
10 years$3,220$2,911$2,628$2,371$2,136$1,695
11 years$2,898$2,591$2,314$2,063$1,837$1,419
12 years$2,629$2,326$2,053$1,810$1,592$1,196
13 years$2,402$2,102$1,835$1,598$1,388$1,014
14 years$2,207$1,911$1,648$1,418$1,217$863
15 years$2,039$1,745$1,488$1,265$1,072$738
16 years$1,892$1,601$1,349$1,132$947$633
17 years$1,762$1,475$1,228$1,018$840$544
18 years$1,647$1,363$1,121$917$747$469
19 years$1,544$1,263$1,026$829$666$405
20 years$1,451$1,174$942$750$594$350
21 years$1,368$1,093$866$681$532$303
22 years$1,292$1,020$798$619$477$263
23 years$1,222$954$737$564$428$228
24 years$1,159$894$682$514$385$199
25 years$1,101$839$631$470$346$173
26 years$1,047$789$586$430$312$150
27 years$998$742$544$393$281$131
28 years$952$699$505$360$254$114
29 years$909$660$470$330$229$99
30 years$869$623$438$303$207$87
31 years$832$589$408$278$187$76
32 years$797$557$381$256$169$66
33 years$765$528$356$235$153$57
34 years$734$500$332$216$139$50
35 years$705$474$311$199$126$44
36 years$678$450$291$184$114$38
37 years$653$428$272$169$103$33
38 years$628$407$255$156$94$29
39 years$605$387$239$144$85$25
40 years$584$368$224$133$77$22
41 years$563$350$210$122$70$19
42 years$544$333$197$113$63$17
43 years$525$318$185$104$57$15
44 years$507$303$173$96$52$13
45 years$490$289$163$89$47$11
46 years$474$275$153$82$43$10
47 years$459$263$144$76$39$9
48 years$444$251$135$70$35$8
49 years$430$240$127$65$32$7
50 years$417$229$119$60$29$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $427,000, adding $4,208 every year, while hoping to spend $23,621 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: 65/30/5 Blend
71$427,000$427,000$427,000$427,000
72$474,895$452,264$445,645$505,164
73$498,201$449,292$435,442$522,833
74$523,094$445,383$424,105$538,913
75$549,708$440,466$411,571$555,849
76$578,195$434,466$397,776$573,723
77$608,719$427,302$382,649$592,623
78$641,460$418,892$366,120$612,649
79$676,616$409,145$348,112$633,910
80$714,405$397,966$328,547$656,528
81$755,064$385,257$307,344$680,638
82$798,856$370,910$284,415$706,390
83$846,068$354,813$259,672$733,950
84$897,016$336,848$233,020$763,503
85$952,048$316,890$204,362$795,252
86$1,011,544$294,804$173,595$829,424
87$1,075,924$270,452$140,613$866,269
88$1,145,648$243,684$105,304$906,065
89$1,221,224$214,344$67,551$949,120
90$1,303,208$182,267$27,233$995,775
91$1,392,213$147,275$0$1,046,406
92$1,488,913$109,186$0$1,102,274
93$1,594,049$67,804$0$1,164,604
94$1,708,437$22,921$0$1,232,461
95$1,832,975$0$0$1,306,420
96$1,968,649$0$0$1,395,592
97$2,116,546$0$0$1,501,072
98$2,277,862$0$0$1,616,150
99$2,453,913$0$0$1,741,768
100$2,646,148$0$0$1,878,963