Can I retire at age 72 with 725,000?

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 $725,000?

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$59,870$59,337$58,816$58,308$57,813$56,301
2 years$29,639$29,087$28,552$28,033$27,530$26,017
3 years$19,563$19,008$18,475$17,961$17,466$16,000
4 years$14,526$13,973$13,445$12,940$12,457$11,048
5 years$11,504$10,955$10,434$9,939$9,470$8,122
6 years$9,491$8,946$8,432$7,948$7,493$6,208
7 years$8,053$7,513$7,007$6,535$6,094$4,872
8 years$6,975$6,440$5,943$5,482$5,055$3,896
9 years$6,138$5,607$5,118$4,669$4,257$3,159
10 years$5,468$4,942$4,462$4,025$3,627$2,589
11 years$4,920$4,400$3,929$3,503$3,120$2,140
12 years$4,464$3,949$3,486$3,073$2,704$1,780
13 years$4,078$3,569$3,115$2,713$2,358$1,489
14 years$3,748$3,244$2,799$2,408$2,067$1,251
15 years$3,462$2,963$2,527$2,147$1,820$1,054
16 years$3,212$2,719$2,291$1,923$1,608$892
17 years$2,992$2,504$2,085$1,728$1,426$756
18 years$2,796$2,314$1,903$1,557$1,268$642
19 years$2,621$2,144$1,742$1,407$1,130$546
20 years$2,464$1,993$1,599$1,274$1,009$465
21 years$2,322$1,856$1,471$1,156$903$397
22 years$2,193$1,733$1,355$1,051$810$339
23 years$2,076$1,620$1,252$958$727$290
24 years$1,968$1,518$1,157$873$653$248
25 years$1,869$1,425$1,072$798$588$212
26 years$1,778$1,339$994$729$530$182
27 years$1,694$1,260$923$668$477$156
28 years$1,616$1,188$858$612$431$133
29 years$1,543$1,120$799$561$389$114
30 years$1,476$1,058$744$515$351$98
31 years$1,413$1,000$694$473$318$84
32 years$1,354$946$647$434$287$72
33 years$1,298$896$604$400$260$62
34 years$1,246$849$565$368$236$53
35 years$1,198$806$528$338$213$46
36 years$1,151$765$494$312$193$39
37 years$1,108$726$462$287$175$34
38 years$1,067$690$433$265$159$29
39 years$1,028$656$405$244$144$25
40 years$991$624$380$225$131$21
41 years$956$594$356$208$119$18
42 years$923$566$334$192$108$16
43 years$891$539$314$177$98$13
44 years$861$514$294$163$89$12
45 years$833$490$276$151$80$10
46 years$805$468$260$139$73$9
47 years$779$446$244$129$66$7
48 years$754$426$229$119$60$6
49 years$731$407$215$110$55$5
50 years$708$389$203$102$50$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $725,000, adding $2,551 every year, while hoping to spend $43,331 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: 52/43/5 Blend
71$725,000$725,000$725,000$725,000
72$801,581$763,156$751,919$842,231
73$837,239$754,447$731,004$861,348
74$875,081$743,859$707,937$877,176
75$915,285$731,254$682,599$893,333
76$958,045$716,486$654,866$909,858
77$1,003,572$699,401$624,611$926,798
78$1,052,099$679,834$591,698$944,204
79$1,103,880$657,613$555,987$962,136
80$1,159,194$632,553$517,330$980,664
81$1,218,344$604,461$475,574$999,868
82$1,281,668$573,132$430,557$1,019,837
83$1,349,530$538,347$382,113$1,040,677
84$1,422,333$499,878$330,065$1,062,505
85$1,500,520$457,481$274,232$1,085,454
86$1,584,575$410,899$214,420$1,109,679
87$1,675,030$359,862$150,432$1,135,350
88$1,772,470$304,082$82,058$1,162,662
89$1,877,536$243,256$9,081$1,191,837
90$1,990,933$177,064$0$1,223,121
91$2,113,437$105,168$0$1,260,465
92$2,245,897$27,212$0$1,301,267
93$2,389,251$0$0$1,345,410
94$2,544,526$0$0$1,420,360
95$2,712,854$0$0$1,515,629
96$2,895,478$0$0$1,619,054
97$3,093,766$0$0$1,731,415
98$3,309,223$0$0$1,853,575
99$3,543,502$0$0$1,986,480
100$3,798,426$0$0$2,131,173