Can I retire at age 72 with 759,000?

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 $759,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$62,678$62,119$61,575$61,043$60,524$59,546
2 years$31,028$30,451$29,891$29,348$28,821$27,838
3 years$20,480$19,900$19,341$18,803$18,285$17,328
4 years$15,207$14,628$14,075$13,547$13,041$12,118
5 years$12,044$11,469$10,923$10,405$9,914$9,026
6 years$9,936$9,365$8,827$8,321$7,844$6,994
7 years$8,431$7,865$7,336$6,841$6,380$5,566
8 years$7,303$6,742$6,221$5,739$5,292$4,516
9 years$6,425$5,870$5,358$4,888$4,457$3,718
10 years$5,724$5,174$4,672$4,214$3,798$3,094
11 years$5,151$4,606$4,113$3,667$3,266$2,598
12 years$4,673$4,134$3,650$3,217$2,830$2,197
13 years$4,269$3,736$3,261$2,840$2,468$1,868
14 years$3,924$3,396$2,930$2,521$2,163$1,596
15 years$3,624$3,102$2,645$2,248$1,905$1,369
16 years$3,363$2,846$2,398$2,013$1,684$1,178
17 years$3,132$2,621$2,182$1,809$1,493$1,017
18 years$2,927$2,422$1,992$1,630$1,327$880
19 years$2,744$2,245$1,824$1,473$1,183$762
20 years$2,580$2,086$1,674$1,334$1,057$662
21 years$2,431$1,943$1,540$1,211$946$576
22 years$2,296$1,814$1,419$1,101$848$501
23 years$2,173$1,696$1,310$1,002$761$437
24 years$2,060$1,589$1,212$914$684$381
25 years$1,957$1,492$1,122$835$615$333
26 years$1,861$1,402$1,041$763$554$291
27 years$1,773$1,319$967$699$500$254
28 years$1,692$1,243$899$640$451$222
29 years$1,616$1,173$836$587$407$194
30 years$1,545$1,108$779$539$368$170
31 years$1,479$1,047$726$495$333$149
32 years$1,417$991$677$455$301$131
33 years$1,359$938$633$418$272$114
34 years$1,305$889$591$385$247$100
35 years$1,254$843$553$354$223$88
36 years$1,205$801$517$326$202$77
37 years$1,160$760$484$301$183$68
38 years$1,117$723$453$277$166$59
39 years$1,076$687$424$255$151$52
40 years$1,038$654$398$236$137$46
41 years$1,001$622$373$217$124$40
42 years$966$593$350$201$113$35
43 years$933$565$328$185$102$31
44 years$902$538$308$171$93$27
45 years$872$513$289$158$84$24
46 years$843$490$272$146$76$21
47 years$816$467$255$135$69$18
48 years$790$446$240$125$63$16
49 years$765$426$226$115$57$14
50 years$741$407$212$106$52$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $759,000, adding $2,883 every year, while hoping to spend $52,277 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: 60/26/14 Blend
71$759,000$759,000$759,000$759,000
72$839,392$799,165$787,400$886,665
73$869,387$782,702$758,156$902,384
74$900,691$763,680$726,180$913,405
75$933,379$741,918$691,325$924,182
76$967,538$717,226$653,438$934,698
77$1,003,258$689,401$612,360$944,935
78$1,040,638$658,230$567,921$954,875
79$1,079,785$623,484$519,948$964,502
80$1,120,814$584,926$468,258$973,801
81$1,163,851$542,302$412,659$982,758
82$1,209,032$495,343$352,951$991,362
83$1,256,506$443,768$288,928$999,604
84$1,306,433$387,276$220,370$1,007,476
85$1,358,988$325,551$147,051$1,014,976
86$1,414,362$258,260$68,734$1,022,104
87$1,472,761$185,049$0$1,028,866
88$1,534,412$105,546$0$1,037,489
89$1,599,562$19,358$0$1,056,875
90$1,668,480$0$0$1,076,809
91$1,741,458$0$0$1,118,519
92$1,818,818$0$0$1,168,632
93$1,900,911$0$0$1,221,841
94$1,988,119$0$0$1,278,399
95$2,080,862$0$0$1,338,582
96$2,179,598$0$0$1,402,692
97$2,284,829$0$0$1,471,060
98$2,397,106$0$0$1,544,047
99$2,517,030$0$0$1,622,053
100$2,645,263$0$0$1,705,510