Can I retire at age 72 with 455,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $455,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$37,573$37,239$36,912$36,594$36,282$35,948
2 years$18,601$18,254$17,919$17,593$17,277$16,941
3 years$12,277$11,929$11,595$11,272$10,961$10,633
4 years$9,116$8,769$8,438$8,121$7,818$7,500
5 years$7,220$6,875$6,548$6,238$5,943$5,636
6 years$5,956$5,614$5,292$4,988$4,702$4,407
7 years$5,054$4,715$4,398$4,101$3,824$3,541
8 years$4,378$4,041$3,729$3,440$3,173$2,901
9 years$3,852$3,519$3,212$2,930$2,672$2,412
10 years$3,431$3,102$2,800$2,526$2,277$2,029
11 years$3,088$2,761$2,465$2,198$1,958$1,722
12 years$2,801$2,478$2,188$1,928$1,697$1,472
13 years$2,559$2,240$1,955$1,702$1,480$1,265
14 years$2,352$2,036$1,756$1,511$1,297$1,093
15 years$2,173$1,860$1,586$1,348$1,142$949
16 years$2,016$1,706$1,438$1,207$1,009$826
17 years$1,878$1,571$1,308$1,084$895$722
18 years$1,755$1,452$1,194$977$796$632
19 years$1,645$1,346$1,093$883$709$554
20 years$1,546$1,251$1,003$800$633$487
21 years$1,457$1,165$923$726$567$429
22 years$1,376$1,087$851$660$508$379
23 years$1,303$1,017$785$601$456$334
24 years$1,235$953$726$548$410$295
25 years$1,173$894$673$501$369$261
26 years$1,116$840$624$458$332$232
27 years$1,063$791$579$419$300$205
28 years$1,014$745$539$384$270$182
29 years$969$703$501$352$244$161
30 years$926$664$467$323$221$143
31 years$887$628$435$297$199$127
32 years$850$594$406$273$180$113
33 years$815$562$379$251$163$100
34 years$782$533$354$231$148$89
35 years$752$506$331$212$134$79
36 years$723$480$310$196$121$71
37 years$695$456$290$180$110$63
38 years$670$433$272$166$100$56
39 years$645$412$254$153$90$50
40 years$622$392$239$141$82$44
41 years$600$373$224$130$74$39
42 years$579$355$210$120$67$35
43 years$559$338$197$111$61$31
44 years$541$323$185$103$56$28
45 years$523$308$174$95$50$25
46 years$505$294$163$87$46$22
47 years$489$280$153$81$42$20
48 years$473$267$144$75$38$18
49 years$459$255$135$69$34$16
50 years$444$244$127$64$31$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $455,000, adding $3,329 every year, while hoping to spend $40,849 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: 67/23/10 Blend
71$455,000$455,000$455,000$455,000
72$504,844$480,729$473,676$537,401
73$512,875$460,822$446,082$539,567
74$520,356$438,570$416,193$536,746
75$527,188$413,815$383,891$532,597
76$533,260$386,391$349,051$526,984
77$538,449$356,121$311,540$519,759
78$542,617$322,817$271,223$510,764
79$545,612$286,283$227,957$499,821
80$547,263$246,310$181,592$486,741
81$547,382$202,676$131,973$471,314
82$545,758$155,150$78,937$453,313
83$542,158$103,486$22,315$432,488
84$536,324$47,423$0$408,569
85$527,970$0$0$385,324
86$516,777$0$0$364,537
87$502,394$0$0$353,381
88$484,429$0$0$339,564
89$462,453$0$0$322,768
90$435,986$0$0$302,638
91$404,500$0$0$278,783
92$367,409$0$0$250,772
93$324,068$0$0$218,125
94$273,759$0$0$180,315
95$215,694$0$0$136,756
96$148,997$0$0$86,802
97$72,703$0$0$29,740
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0