Can I retire at age 72 with 527,000?

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 $527,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$43,519$43,132$42,753$42,384$42,024$41,008
2 years$21,544$21,143$20,754$20,377$20,011$18,994
3 years$14,220$13,817$13,429$13,056$12,696$11,709
4 years$10,559$10,157$9,773$9,406$9,055$8,106
5 years$8,363$7,963$7,584$7,225$6,883$5,975
6 years$6,899$6,503$6,129$5,778$5,447$4,579
7 years$5,854$5,461$5,093$4,750$4,430$3,604
8 years$5,070$4,681$4,320$3,985$3,675$2,890
9 years$4,461$4,076$3,720$3,394$3,095$2,351
10 years$3,974$3,592$3,244$2,926$2,637$1,933
11 years$3,576$3,198$2,856$2,546$2,268$1,602
12 years$3,245$2,870$2,534$2,233$1,965$1,338
13 years$2,964$2,594$2,264$1,972$1,714$1,122
14 years$2,724$2,358$2,034$1,750$1,502$946
15 years$2,517$2,154$1,837$1,561$1,323$800
16 years$2,335$1,976$1,665$1,398$1,169$679
17 years$2,175$1,820$1,515$1,256$1,036$578
18 years$2,032$1,682$1,383$1,132$922$492
19 years$1,905$1,559$1,266$1,023$821$421
20 years$1,791$1,448$1,162$926$734$360
21 years$1,688$1,349$1,069$841$657$308
22 years$1,594$1,259$985$764$589$264
23 years$1,509$1,178$910$696$528$227
24 years$1,431$1,104$841$635$475$195
25 years$1,359$1,036$779$580$427$167
26 years$1,292$973$723$530$385$144
27 years$1,231$916$671$485$347$124
28 years$1,175$863$624$445$313$106
29 years$1,122$814$581$408$283$92
30 years$1,073$769$541$374$255$79
31 years$1,027$727$504$344$231$68
32 years$984$688$470$316$209$59
33 years$944$651$439$290$189$50
34 years$906$617$410$267$171$43
35 years$870$586$384$246$155$37
36 years$837$556$359$227$140$32
37 years$805$528$336$209$127$28
38 years$776$502$315$192$115$24
39 years$747$477$295$177$105$21
40 years$720$454$276$164$95$18
41 years$695$432$259$151$86$15
42 years$671$411$243$139$78$13
43 years$648$392$228$129$71$11
44 years$626$374$214$119$64$10
45 years$605$356$201$110$58$9
46 years$585$340$189$101$53$7
47 years$567$324$177$94$48$6
48 years$548$310$167$86$44$5
49 years$531$296$157$80$40$5
50 years$515$283$147$74$36$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $527,000, adding $4,289 every year, while hoping to spend $41,146 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: 59/32/9 Blend
71$527,000$527,000$527,000$527,000
72$585,178$557,247$549,079$618,251
73$601,087$540,773$523,694$624,506
74$617,240$522,113$496,079$626,285
75$633,618$501,116$466,118$627,210
76$650,199$477,623$433,685$627,204
77$666,958$451,465$398,652$626,180
78$683,865$422,464$360,884$624,048
79$700,887$390,432$320,241$620,709
80$717,983$355,169$276,575$616,058
81$735,110$316,465$229,733$609,979
82$752,217$274,097$179,554$602,351
83$769,245$227,830$125,871$593,042
84$786,130$177,416$68,510$581,910
85$802,797$122,591$7,287$568,802
86$819,163$63,079$0$553,552
87$835,135$0$0$541,559
88$850,608$0$0$528,662
89$865,462$0$0$537,552
90$879,567$0$0$545,930
91$892,774$0$0$553,699
92$904,918$0$0$560,752
93$915,814$0$0$566,967
94$925,258$0$0$572,210
95$933,020$0$0$576,332
96$938,846$0$0$579,165
97$942,451$0$0$580,525
98$943,522$0$0$580,205
99$941,707$0$0$577,977
100$936,618$0$0$573,588