Can I retire at age 72 with 475,000?

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 $475,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$39,225$38,876$38,535$38,202$37,877$37,173
2 years$19,418$19,057$18,706$18,366$18,037$17,330
3 years$12,817$12,454$12,104$11,768$11,443$10,756
4 years$9,517$9,155$8,809$8,478$8,161$7,499
5 years$7,537$7,178$6,836$6,512$6,204$5,568
6 years$6,218$5,861$5,524$5,208$4,909$4,300
7 years$5,276$4,922$4,591$4,281$3,992$3,411
8 years$4,570$4,219$3,893$3,592$3,312$2,758
9 years$4,021$3,673$3,353$3,059$2,789$2,262
10 years$3,582$3,238$2,924$2,637$2,377$1,876
11 years$3,223$2,883$2,574$2,295$2,044$1,569
12 years$2,925$2,587$2,284$2,013$1,771$1,322
13 years$2,672$2,338$2,041$1,777$1,545$1,120
14 years$2,456$2,125$1,834$1,578$1,354$953
15 years$2,268$1,941$1,656$1,407$1,192$814
16 years$2,104$1,781$1,501$1,260$1,054$698
17 years$1,960$1,640$1,366$1,132$934$599
18 years$1,832$1,516$1,247$1,020$831$516
19 years$1,717$1,405$1,141$922$740$445
20 years$1,614$1,306$1,048$835$661$385
21 years$1,521$1,216$964$758$592$333
22 years$1,437$1,135$888$689$530$289
23 years$1,360$1,062$820$627$476$250
24 years$1,289$995$758$572$428$217
25 years$1,225$933$702$523$385$189
26 years$1,165$877$651$478$347$164
27 years$1,110$826$605$437$313$143
28 years$1,059$778$562$401$282$124
29 years$1,011$734$523$367$255$108
30 years$967$693$487$337$230$94
31 years$926$655$454$310$208$82
32 years$887$620$424$285$188$72
33 years$851$587$396$262$170$63
34 years$817$556$370$241$154$55
35 years$785$528$346$222$140$48
36 years$754$501$323$204$127$41
37 years$726$476$303$188$115$36
38 years$699$452$284$173$104$32
39 years$674$430$266$160$94$28
40 years$649$409$249$147$86$24
41 years$626$389$233$136$78$21
42 years$605$371$219$126$70$18
43 years$584$353$206$116$64$16
44 years$564$337$193$107$58$14
45 years$546$321$181$99$53$12
46 years$528$306$170$91$48$11
47 years$511$292$160$84$43$9
48 years$494$279$150$78$39$8
49 years$479$267$141$72$36$7
50 years$464$255$133$67$33$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $475,000, adding $2,527 every year, while hoping to spend $36,802 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: 33/49/18 Blend
71$475,000$475,000$475,000$475,000
72$526,057$500,882$493,519$540,407
73$540,557$486,268$470,895$536,620
74$555,304$469,704$446,279$528,969
75$570,282$451,057$419,567$519,943
76$585,475$430,184$390,647$509,442
77$600,865$406,934$359,405$497,363
78$616,428$381,148$325,720$483,591
79$632,138$352,659$289,466$468,007
80$647,965$321,288$250,512$450,486
81$663,874$286,847$208,720$430,892
82$679,824$249,138$163,948$409,081
83$695,771$207,951$116,045$384,902
84$711,662$163,063$64,855$358,193
85$727,440$114,241$10,216$328,781
86$743,037$61,237$0$296,485
87$758,379$3,790$0$270,346
88$773,382$0$0$243,615
89$787,951$0$0$245,620
90$801,981$0$0$249,432
91$815,351$0$0$252,965
92$827,930$0$0$256,168
93$839,568$0$0$258,985
94$850,100$0$0$261,356
95$859,340$0$0$263,210
96$867,083$0$0$264,473
97$873,098$0$0$265,059
98$877,130$0$0$264,873
99$878,895$0$0$263,811
100$878,078$0$0$261,755