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%16.4%
1 years$52,520$52,052$51,596$51,151$50,716$49,389
2 years$26,000$25,516$25,047$24,592$24,150$22,823
3 years$17,161$16,675$16,207$15,756$15,322$14,035
4 years$12,743$12,258$11,794$11,351$10,928$9,692
5 years$10,092$9,610$9,153$8,719$8,307$7,125
6 years$8,326$7,848$7,397$6,973$6,573$5,446
7 years$7,065$6,590$6,147$5,733$5,346$4,274
8 years$6,119$5,649$5,213$4,809$4,435$3,418
9 years$5,384$4,919$4,490$4,096$3,735$2,771
10 years$4,796$4,335$3,914$3,531$3,182$2,271
11 years$4,316$3,860$3,446$3,073$2,737$1,877
12 years$3,916$3,464$3,058$2,695$2,372$1,562
13 years$3,578$3,131$2,733$2,380$2,068$1,306
14 years$3,288$2,846$2,455$2,112$1,813$1,097
15 years$3,037$2,600$2,217$1,884$1,596$925
16 years$2,818$2,385$2,010$1,687$1,411$782
17 years$2,624$2,197$1,829$1,516$1,251$663
18 years$2,453$2,030$1,669$1,366$1,112$563
19 years$2,299$1,881$1,528$1,234$991$479
20 years$2,162$1,748$1,403$1,118$885$408
21 years$2,037$1,628$1,290$1,014$792$348
22 years$1,924$1,520$1,189$922$710$297
23 years$1,821$1,422$1,098$840$638$254
24 years$1,726$1,332$1,015$766$573$217
25 years$1,640$1,250$940$700$516$186
26 years$1,560$1,175$872$640$465$159
27 years$1,486$1,106$810$586$419$136
28 years$1,418$1,042$753$537$378$117
29 years$1,354$983$701$492$341$100
30 years$1,295$928$653$452$308$86
31 years$1,239$877$608$415$279$74
32 years$1,188$830$568$381$252$63
33 years$1,139$786$530$350$228$54
34 years$1,093$745$495$322$207$47
35 years$1,051$707$463$297$187$40
36 years$1,010$671$433$273$170$34
37 years$972$637$405$252$154$29
38 years$936$605$380$232$139$25
39 years$902$576$356$214$126$22
40 years$870$548$333$197$115$19
41 years$839$521$313$182$104$16
42 years$810$497$293$168$94$14
43 years$782$473$275$155$86$12
44 years$756$451$258$143$78$10
45 years$731$430$243$132$71$9
46 years$707$410$228$122$64$7
47 years$684$392$214$113$58$6
48 years$662$374$201$104$53$6
49 years$641$357$189$96$48$5
50 years$621$341$178$89$44$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $636,000, adding $2,613 every year, while hoping to spend $30,446 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: 47/42/11 Blend
71$636,000$636,000$636,000$636,000
72$703,567$669,859$660,001$734,370
73$742,937$670,288$649,717$756,314
74$785,302$669,717$638,068$776,755
75$830,935$668,066$624,976$798,250
76$880,138$665,249$610,359$820,909
77$933,239$661,173$594,134$844,853
78$990,601$655,742$576,209$870,216
79$1,052,622$648,854$556,492$897,150
80$1,119,741$640,399$534,886$925,820
81$1,192,438$630,262$511,288$956,416
82$1,271,242$618,320$485,592$989,143
83$1,356,736$604,444$457,685$1,024,235
84$1,449,558$588,497$427,453$1,061,949
85$1,550,412$570,333$394,773$1,102,571
86$1,660,074$549,799$359,517$1,146,421
87$1,779,393$526,731$321,553$1,193,853
88$1,909,309$500,958$280,742$1,245,260
89$2,050,850$472,297$236,939$1,301,080
90$2,205,153$440,556$189,992$1,361,799
91$2,373,465$405,530$139,744$1,427,956
92$2,557,163$367,005$86,029$1,500,149
93$2,757,758$324,753$28,676$1,579,042
94$2,976,916$278,532$0$1,665,372
95$3,216,471$228,090$0$1,763,773
96$3,478,442$173,158$0$1,875,172
97$3,765,052$113,451$0$1,997,227
98$4,078,748$48,670$0$2,131,072
99$4,422,225$0$0$2,277,965
100$4,798,451$0$0$2,449,232