Can I retire at age 72 with 552,000?

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 $552,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$45,584$45,178$44,781$44,395$44,017$43,413
2 years$22,566$22,146$21,739$21,344$20,961$20,353
3 years$14,895$14,473$14,066$13,675$13,298$12,706
4 years$11,060$10,639$10,237$9,852$9,484$8,912
5 years$8,759$8,341$7,944$7,567$7,210$6,660
6 years$7,226$6,811$6,420$6,052$5,705$5,177
7 years$6,132$5,720$5,335$4,975$4,640$4,134
8 years$5,311$4,903$4,525$4,174$3,849$3,366
9 years$4,673$4,269$3,897$3,555$3,241$2,781
10 years$4,163$3,763$3,397$3,065$2,762$2,323
11 years$3,746$3,350$2,991$2,667$2,375$1,958
12 years$3,399$3,007$2,655$2,339$2,058$1,662
13 years$3,105$2,717$2,372$2,065$1,795$1,419
14 years$2,854$2,470$2,131$1,833$1,573$1,217
15 years$2,636$2,256$1,924$1,635$1,385$1,048
16 years$2,446$2,070$1,744$1,464$1,224$906
17 years$2,278$1,906$1,587$1,315$1,086$785
18 years$2,129$1,762$1,449$1,185$965$682
19 years$1,996$1,633$1,326$1,071$860$594
20 years$1,876$1,517$1,217$970$769$518
21 years$1,768$1,413$1,120$880$688$452
22 years$1,670$1,319$1,032$801$616$396
23 years$1,580$1,234$953$729$553$346
24 years$1,498$1,156$881$665$497$304
25 years$1,423$1,085$816$607$448$266
26 years$1,354$1,020$757$555$403$234
27 years$1,290$960$703$508$363$205
28 years$1,230$904$653$466$328$180
29 years$1,175$853$608$427$296$159
30 years$1,124$806$566$392$268$140
31 years$1,076$761$528$360$242$123
32 years$1,031$721$493$331$219$108
33 years$989$682$460$304$198$95
34 years$949$647$430$280$179$84
35 years$912$613$402$258$162$74
36 years$877$582$376$237$147$65
37 years$844$553$352$219$133$57
38 years$812$526$330$202$121$51
39 years$783$500$309$186$110$45
40 years$755$475$289$171$99$39
41 years$728$453$271$158$90$35
42 years$703$431$255$146$82$31
43 years$679$411$239$135$74$27
44 years$656$391$224$124$67$24
45 years$634$373$210$115$61$21
46 years$613$356$198$106$56$19
47 years$593$340$186$98$50$16
48 years$574$324$175$91$46$14
49 years$556$310$164$84$42$13
50 years$539$296$154$77$38$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $552,000, adding $5,643 every year, while hoping to spend $28,543 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: 44/40/16 Blend
71$552,000$552,000$552,000$552,000
72$614,125$584,869$576,313$638,080
73$646,396$583,158$565,250$653,708
74$681,002$580,406$552,859$667,351
75$718,151$576,533$539,067$681,528
76$758,072$571,453$523,795$696,298
77$801,015$565,073$506,962$711,733
78$847,254$557,298$488,481$727,911
79$897,094$548,025$468,264$744,921
80$950,864$537,145$446,218$762,863
81$1,008,930$524,543$422,245$781,849
82$1,071,694$510,098$396,242$802,007
83$1,139,594$493,681$368,104$823,477
84$1,213,116$475,154$337,718$846,419
85$1,292,791$454,374$304,970$871,011
86$1,379,205$431,188$269,736$897,453
87$1,473,002$405,434$231,890$925,969
88$1,574,889$376,941$191,299$956,808
89$1,685,646$345,529$147,825$990,248
90$1,806,128$311,007$101,324$1,026,602
91$1,937,279$273,172$51,644$1,066,217
92$2,080,135$231,811$0$1,109,480
93$2,235,838$186,699$0$1,157,058
94$2,405,645$137,598$0$1,218,621
95$2,590,936$84,256$0$1,285,908
96$2,793,234$26,407$0$1,359,544
97$3,014,215$0$0$1,440,225
98$3,255,722$0$0$1,544,666
99$3,519,785$0$0$1,671,635
100$3,808,641$0$0$1,810,591