Can I retire at age 72 with 825,000?

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 $825,000?

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$68,128$67,521$66,929$66,351$65,787$64,432
2 years$33,727$33,098$32,490$31,899$31,327$29,968
3 years$22,261$21,630$21,023$20,438$19,875$18,555
4 years$16,529$15,900$15,299$14,725$14,175$12,904
5 years$13,091$12,466$11,873$11,310$10,776$9,556
6 years$10,800$10,180$9,595$9,045$8,526$7,361
7 years$9,164$8,549$7,974$7,436$6,934$5,822
8 years$7,938$7,328$6,762$6,238$5,753$4,694
9 years$6,984$6,380$5,824$5,313$4,845$3,838
10 years$6,222$5,624$5,078$4,580$4,128$3,173
11 years$5,599$5,007$4,470$3,986$3,550$2,646
12 years$5,080$4,494$3,967$3,496$3,076$2,222
13 years$4,641$4,061$3,545$3,087$2,683$1,876
14 years$4,265$3,691$3,185$2,740$2,352$1,591
15 years$3,940$3,372$2,875$2,444$2,071$1,354
16 years$3,655$3,094$2,607$2,188$1,830$1,156
17 years$3,404$2,849$2,372$1,966$1,623$990
18 years$3,182$2,633$2,166$1,772$1,443$850
19 years$2,983$2,440$1,982$1,601$1,286$730
20 years$2,804$2,267$1,819$1,450$1,149$629
21 years$2,642$2,112$1,674$1,316$1,028$542
22 years$2,496$1,972$1,542$1,196$921$468
23 years$2,362$1,844$1,424$1,090$827$405
24 years$2,239$1,728$1,317$994$743$350
25 years$2,127$1,621$1,220$908$669$303
26 years$2,023$1,524$1,131$830$603$262
27 years$1,928$1,434$1,051$760$543$227
28 years$1,839$1,351$977$696$490$197
29 years$1,756$1,275$909$638$443$171
30 years$1,679$1,204$847$586$400$148
31 years$1,608$1,138$789$538$362$129
32 years$1,540$1,077$736$494$327$112
33 years$1,477$1,020$688$455$296$97
34 years$1,418$967$642$418$268$84
35 years$1,363$917$601$385$243$73
36 years$1,310$870$562$355$220$64
37 years$1,261$826$526$327$199$55
38 years$1,214$785$492$301$181$48
39 years$1,170$747$461$278$164$42
40 years$1,128$711$432$256$149$36
41 years$1,088$676$406$236$135$31
42 years$1,050$644$380$218$122$27
43 years$1,014$614$357$201$111$24
44 years$980$585$335$186$101$21
45 years$948$558$315$172$92$18
46 years$917$532$295$159$83$16
47 years$887$508$278$147$75$14
48 years$859$485$261$135$69$12
49 years$831$463$245$125$62$10
50 years$805$442$231$116$57$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $825,000, adding $2,722 every year, while hoping to spend $20,849 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: 48/33/19 Blend
71$825,000$825,000$825,000$825,000
72$911,958$868,233$855,445$950,724
73$982,794$888,593$861,919$998,300
74$1,060,157$909,252$867,912$1,047,600
75$1,144,691$930,203$873,384$1,100,693
76$1,237,103$951,436$878,296$1,157,944
77$1,338,174$972,944$882,606$1,219,753
78$1,448,764$994,714$886,269$1,286,562
79$1,569,818$1,016,735$889,239$1,358,860
80$1,702,377$1,038,993$891,467$1,437,181
81$1,847,590$1,061,473$892,901$1,522,118
82$2,006,718$1,084,160$893,487$1,614,324
83$2,181,154$1,107,034$893,170$1,714,515
84$2,372,430$1,130,077$891,889$1,823,486
85$2,582,232$1,153,266$889,582$1,942,107
86$2,812,421$1,176,577$886,184$2,071,343
87$3,065,043$1,199,984$881,627$2,212,253
88$3,342,354$1,223,460$875,838$2,366,006
89$3,646,838$1,246,974$868,742$2,533,892
90$3,981,232$1,270,492$860,261$2,717,331
91$4,348,550$1,293,978$850,313$2,917,889
92$4,752,113$1,317,394$838,809$3,137,292
93$5,195,581$1,340,698$825,661$3,377,444
94$5,682,982$1,363,844$810,772$3,640,441
95$6,218,758$1,386,784$794,045$3,928,598
96$6,807,801$1,409,466$775,375$4,244,462
97$7,455,500$1,431,833$754,654$4,590,845
98$8,167,793$1,453,826$731,767$4,970,844
99$8,951,223$1,475,378$706,596$5,387,874
100$9,812,998$1,496,422$679,017$5,845,699