Can I retire at age 72 with 727,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $727,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$60,035$59,500$58,978$58,469$57,972$56,778
2 years$29,720$29,167$28,630$28,110$27,606$26,409
3 years$19,617$19,061$18,526$18,010$17,514$16,351
4 years$14,566$14,012$13,482$12,976$12,491$11,371
5 years$11,536$10,985$10,463$9,966$9,496$8,421
6 years$9,517$8,970$8,455$7,970$7,514$6,486
7 years$8,075$7,533$7,026$6,553$6,111$5,131
8 years$6,995$6,457$5,959$5,497$5,069$4,136
9 years$6,155$5,622$5,132$4,682$4,269$3,383
10 years$5,483$4,956$4,475$4,036$3,637$2,796
11 years$4,934$4,412$3,939$3,513$3,128$2,332
12 years$4,476$3,960$3,496$3,081$2,711$1,958
13 years$4,089$3,579$3,124$2,720$2,364$1,653
14 years$3,758$3,253$2,806$2,415$2,072$1,402
15 years$3,472$2,972$2,534$2,153$1,825$1,193
16 years$3,221$2,726$2,297$1,928$1,613$1,019
17 years$3,000$2,511$2,090$1,732$1,430$873
18 years$2,804$2,320$1,908$1,561$1,271$749
19 years$2,628$2,150$1,747$1,411$1,133$644
20 years$2,471$1,998$1,603$1,278$1,012$554
21 years$2,328$1,861$1,475$1,160$906$478
22 years$2,199$1,737$1,359$1,054$812$413
23 years$2,081$1,625$1,255$960$729$356
24 years$1,973$1,522$1,161$876$655$308
25 years$1,874$1,429$1,075$800$589$267
26 years$1,783$1,343$997$731$531$231
27 years$1,699$1,264$926$669$479$200
28 years$1,620$1,191$861$613$432$174
29 years$1,548$1,123$801$562$390$151
30 years$1,480$1,061$746$516$352$131
31 years$1,417$1,003$695$474$319$113
32 years$1,357$949$649$436$288$98
33 years$1,302$899$606$401$261$85
34 years$1,250$852$566$369$236$74
35 years$1,201$808$529$339$214$64
36 years$1,155$767$495$312$194$56
37 years$1,111$728$463$288$176$49
38 years$1,070$692$434$265$159$42
39 years$1,031$658$407$245$144$37
40 years$994$626$381$226$131$32
41 years$959$596$357$208$119$28
42 years$926$568$335$192$108$24
43 years$894$541$315$177$98$21
44 years$864$516$295$164$89$18
45 years$835$492$277$151$81$16
46 years$808$469$260$140$73$14
47 years$782$448$245$129$66$12
48 years$757$427$230$119$60$10
49 years$733$408$216$110$55$9
50 years$710$390$203$102$50$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $727,000, adding $5,109 every year, while hoping to spend $36,728 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: 72/17/11 Blend
71$727,000$727,000$727,000$727,000
72$806,424$767,893$756,624$862,354
73$849,601$766,441$742,893$898,582
74$895,951$763,688$727,471$933,219
75$945,759$759,529$710,262$970,149
76$999,338$753,858$691,167$1,009,590
77$1,057,030$746,557$670,081$1,051,782
78$1,119,214$737,505$646,896$1,096,990
79$1,186,303$726,572$621,496$1,145,507
80$1,258,752$713,620$593,763$1,197,656
81$1,337,062$698,505$563,571$1,253,792
82$1,421,782$681,071$530,790$1,314,312
83$1,513,516$661,156$495,283$1,379,648
84$1,612,928$638,586$456,909$1,450,282
85$1,720,749$613,179$415,518$1,526,743
86$1,837,782$584,741$370,954$1,609,616
87$1,964,909$553,067$323,055$1,699,548
88$2,103,104$517,941$271,651$1,797,251
89$2,253,434$479,134$216,564$1,903,514
90$2,417,076$436,403$157,611$2,019,204
91$2,595,324$389,493$94,597$2,145,282
92$2,789,602$338,133$27,321$2,282,807
93$3,001,477$282,037$0$2,432,946
94$3,232,674$220,904$0$2,602,211
95$3,485,093$154,414$0$2,790,566
96$3,760,823$82,231$0$2,996,400
97$4,062,165$3,998$0$3,221,475
98$4,391,653$0$0$3,467,734
99$4,752,076$0$0$3,752,408
100$5,146,505$0$0$4,064,794