Can I retire at age 72 with 570,000?

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 $570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$47,070$46,651$46,242$45,842$45,453$44,426
2 years$23,302$22,868$22,447$22,040$21,644$20,615
3 years$15,380$14,945$14,525$14,121$13,732$12,733
4 years$11,420$10,986$10,570$10,173$9,794$8,833
5 years$9,045$8,613$8,203$7,814$7,445$6,524
6 years$7,462$7,033$6,629$6,249$5,891$5,011
7 years$6,331$5,906$5,509$5,138$4,791$3,953
8 years$5,484$5,063$4,672$4,310$3,975$3,178
9 years$4,825$4,408$4,024$3,671$3,347$2,591
10 years$4,299$3,886$3,508$3,164$2,852$2,135
11 years$3,868$3,459$3,089$2,754$2,453$1,775
12 years$3,510$3,105$2,741$2,416$2,126$1,485
13 years$3,206$2,806$2,449$2,133$1,853$1,250
14 years$2,947$2,550$2,200$1,893$1,625$1,056
15 years$2,722$2,330$1,987$1,688$1,431$896
16 years$2,525$2,138$1,801$1,512$1,264$763
17 years$2,352$1,969$1,639$1,358$1,121$651
18 years$2,198$1,819$1,496$1,224$997$556
19 years$2,061$1,686$1,370$1,106$888$476
20 years$1,937$1,567$1,257$1,002$794$409
21 years$1,826$1,459$1,156$909$710$351
22 years$1,724$1,362$1,066$827$637$302
23 years$1,632$1,274$984$753$571$260
24 years$1,547$1,194$910$687$514$224
25 years$1,470$1,120$843$627$462$193
26 years$1,398$1,053$782$573$416$166
27 years$1,332$991$726$525$375$144
28 years$1,270$934$675$481$339$124
29 years$1,213$881$628$441$306$107
30 years$1,160$832$585$405$276$93
31 years$1,111$786$545$372$250$80
32 years$1,064$744$509$342$226$69
33 years$1,021$705$475$314$205$60
34 years$980$668$444$289$185$52
35 years$942$633$415$266$168$45
36 years$905$601$388$245$152$39
37 years$871$571$363$226$138$33
38 years$839$543$340$208$125$29
39 years$808$516$319$192$113$25
40 years$779$491$299$177$103$22
41 years$752$467$280$163$93$19
42 years$726$445$263$151$85$16
43 years$701$424$247$139$77$14
44 years$677$404$231$128$70$12
45 years$655$385$217$119$63$11
46 years$633$368$204$110$57$9
47 years$613$351$192$101$52$8
48 years$593$335$180$94$47$7
49 years$574$320$169$86$43$6
50 years$557$306$159$80$39$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $570,000, adding $6,917 every year, while hoping to spend $50,841 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: 46/31/23 Blend
71$570,000$570,000$570,000$570,000
72$635,275$605,065$596,230$660,023
73$645,978$580,619$562,109$653,664
74$656,070$553,271$525,141$641,217
75$665,433$522,825$485,178$626,686
76$673,938$489,074$442,062$609,900
77$681,441$451,800$395,632$590,676
78$687,779$410,769$345,717$568,816
79$692,775$365,739$292,141$544,108
80$696,227$316,450$234,717$516,324
81$697,915$262,628$173,252$485,214
82$697,591$203,986$107,545$450,513
83$694,981$140,217$37,384$411,933
84$689,781$71,000$0$369,162
85$681,654$0$0$331,065
86$670,227$0$0$299,833
87$655,083$0$0$290,899
88$635,764$0$0$279,809
89$611,761$0$0$266,304
90$582,512$0$0$250,096
91$547,392$0$0$230,870
92$505,711$0$0$208,273
93$456,708$0$0$181,917
94$399,538$0$0$151,374
95$333,268$0$0$116,169
96$256,867$0$0$75,778
97$169,197$0$0$29,622
98$68,997$0$0$0
99$0$0$0$0
100$0$0$0$0