Can I retire at age 72 with 636,000?

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 $636,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$52,520$52,052$51,596$51,151$50,716$49,814
2 years$26,000$25,516$25,047$24,592$24,150$23,245
3 years$17,161$16,675$16,207$15,756$15,322$14,441
4 years$12,743$12,258$11,794$11,351$10,928$10,078
5 years$10,092$9,610$9,153$8,719$8,307$7,491
6 years$8,326$7,848$7,397$6,973$6,573$5,792
7 years$7,065$6,590$6,147$5,733$5,346$4,600
8 years$6,119$5,649$5,213$4,809$4,435$3,723
9 years$5,384$4,919$4,490$4,096$3,735$3,058
10 years$4,796$4,335$3,914$3,531$3,182$2,539
11 years$4,316$3,860$3,446$3,073$2,737$2,126
12 years$3,916$3,464$3,058$2,695$2,372$1,793
13 years$3,578$3,131$2,733$2,380$2,068$1,521
14 years$3,288$2,846$2,455$2,112$1,813$1,296
15 years$3,037$2,600$2,217$1,884$1,596$1,109
16 years$2,818$2,385$2,010$1,687$1,411$951
17 years$2,624$2,197$1,829$1,516$1,251$819
18 years$2,453$2,030$1,669$1,366$1,112$706
19 years$2,299$1,881$1,528$1,234$991$610
20 years$2,162$1,748$1,403$1,118$885$528
21 years$2,037$1,628$1,290$1,014$792$458
22 years$1,924$1,520$1,189$922$710$397
23 years$1,821$1,422$1,098$840$638$345
24 years$1,726$1,332$1,015$766$573$300
25 years$1,640$1,250$940$700$516$261
26 years$1,560$1,175$872$640$465$228
27 years$1,486$1,106$810$586$419$198
28 years$1,418$1,042$753$537$378$173
29 years$1,354$983$701$492$341$151
30 years$1,295$928$653$452$308$132
31 years$1,239$877$608$415$279$115
32 years$1,188$830$568$381$252$100
33 years$1,139$786$530$350$228$88
34 years$1,093$745$495$322$207$77
35 years$1,051$707$463$297$187$67
36 years$1,010$671$433$273$170$58
37 years$972$637$405$252$154$51
38 years$936$605$380$232$139$45
39 years$902$576$356$214$126$39
40 years$870$548$333$197$115$34
41 years$839$521$313$182$104$30
42 years$810$497$293$168$94$26
43 years$782$473$275$155$86$23
44 years$756$451$258$143$78$20
45 years$731$430$243$132$71$17
46 years$707$410$228$122$64$15
47 years$684$392$214$113$58$13
48 years$662$374$201$104$53$12
49 years$641$357$189$96$48$10
50 years$621$341$178$89$44$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $636,000, adding $2,156 every year, while hoping to spend $54,637 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: 29/47/24 Blend
71$636,000$636,000$636,000$636,000
72$703,096$669,388$659,530$718,179
73$716,678$644,055$623,491$704,751
74$729,815$615,649$584,413$685,362
75$742,403$583,962$542,138$663,391
76$754,326$548,774$496,497$638,651
77$765,456$509,853$447,319$610,941
78$775,647$466,951$394,419$580,051
79$784,741$419,809$337,609$545,753
80$792,555$368,150$276,690$507,805
81$798,892$311,686$211,455$465,948
82$803,528$250,108$141,688$419,908
83$806,217$183,091$67,163$369,387
84$806,682$110,294$0$314,072
85$804,619$31,354$0$256,793
86$799,689$0$0$212,583
87$791,516$0$0$191,890
88$779,682$0$0$186,185
89$763,725$0$0$179,102
90$743,132$0$0$170,474
91$717,337$0$0$160,119
92$685,710$0$0$147,835
93$647,557$0$0$133,395
94$602,106$0$0$116,554
95$548,508$0$0$97,035
96$485,819$0$0$74,536
97$412,999$0$0$48,721
98$328,897$0$0$19,221
99$232,240$0$0$0
100$121,623$0$0$0