Can I retire at age 72 with 526,000?

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 $526,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$43,437$43,050$42,672$42,304$41,944$41,662
2 years$21,503$21,103$20,715$20,338$19,973$19,689
3 years$14,193$13,791$13,404$13,031$12,672$12,394
4 years$10,539$10,138$9,755$9,388$9,038$8,768
5 years$8,347$7,948$7,570$7,211$6,870$6,610
6 years$6,886$6,490$6,118$5,767$5,436$5,186
7 years$5,843$5,451$5,084$4,741$4,421$4,181
8 years$5,061$4,672$4,311$3,977$3,668$3,437
9 years$4,453$4,068$3,713$3,388$3,089$2,868
10 years$3,967$3,586$3,237$2,920$2,632$2,420
11 years$3,570$3,192$2,850$2,541$2,263$2,062
12 years$3,239$2,865$2,529$2,229$1,961$1,769
13 years$2,959$2,589$2,260$1,968$1,710$1,527
14 years$2,719$2,353$2,031$1,747$1,499$1,325
15 years$2,512$2,150$1,833$1,558$1,320$1,154
16 years$2,330$1,973$1,662$1,395$1,167$1,009
17 years$2,171$1,817$1,513$1,253$1,035$885
18 years$2,029$1,679$1,381$1,130$920$778
19 years$1,902$1,556$1,264$1,021$820$686
20 years$1,788$1,446$1,160$924$732$606
21 years$1,685$1,347$1,067$839$655$536
22 years$1,591$1,257$983$763$587$475
23 years$1,506$1,176$908$695$527$421
24 years$1,428$1,102$840$634$474$374
25 years$1,356$1,034$778$579$426$332
26 years$1,290$972$721$529$384$296
27 years$1,229$914$670$484$346$263
28 years$1,172$862$623$444$313$235
29 years$1,120$813$579$407$282$209
30 years$1,071$768$540$373$255$187
31 years$1,025$726$503$343$231$166
32 years$982$687$469$315$209$149
33 years$942$650$438$290$189$133
34 years$904$616$410$267$171$119
35 years$869$584$383$245$155$106
36 years$835$555$358$226$140$95
37 years$804$527$335$208$127$85
38 years$774$501$314$192$115$76
39 years$746$476$294$177$104$68
40 years$719$453$276$163$95$61
41 years$694$431$259$151$86$54
42 years$670$411$243$139$78$49
43 years$647$391$228$128$71$44
44 years$625$373$214$119$64$39
45 years$604$356$201$109$58$35
46 years$584$339$188$101$53$31
47 years$565$324$177$93$48$28
48 years$547$309$166$86$44$25
49 years$530$295$156$80$40$22
50 years$514$282$147$74$36$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $526,000, adding $5,292 every year, while hoping to spend $31,115 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: 53/42/5 Blend
71$526,000$526,000$526,000$526,000
72$585,111$557,233$549,080$615,202
73$611,686$551,431$534,368$630,351
74$639,929$544,302$518,120$642,945
75$669,977$535,748$500,252$655,885
76$701,980$525,666$480,677$669,208
77$736,104$513,945$459,301$682,957
78$772,527$500,469$436,028$697,180
79$811,447$485,114$410,758$711,935
80$853,082$467,752$383,385$727,284
81$897,667$448,243$353,799$743,299
82$945,464$426,441$321,886$760,062
83$996,757$402,193$287,525$777,667
84$1,051,860$375,334$250,591$796,217
85$1,111,117$345,692$210,953$815,831
86$1,174,905$313,085$168,474$836,641
87$1,243,639$277,320$123,011$858,798
88$1,317,773$238,192$74,416$882,470
89$1,397,809$195,486$22,531$907,846
90$1,484,296$148,975$0$935,139
91$1,577,837$98,418$0$966,338
92$1,679,097$43,561$0$1,001,356
93$1,788,806$0$0$1,039,298
94$1,907,766$0$0$1,087,838
95$2,036,859$0$0$1,162,405
96$2,177,057$0$0$1,243,431
97$2,329,427$0$0$1,331,539
98$2,495,144$0$0$1,427,414
99$2,675,499$0$0$1,531,810
100$2,871,915$0$0$1,645,557