Can I retire at age 72 with 826,000?

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 $826,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$68,210$67,603$67,010$66,431$65,866$64,936
2 years$33,767$33,139$32,529$31,938$31,365$30,429
3 years$22,288$21,656$21,048$20,463$19,899$18,987
4 years$16,549$15,920$15,318$14,743$14,192$13,311
5 years$13,107$12,481$11,887$11,324$10,789$9,941
6 years$10,813$10,192$9,607$9,056$8,537$7,724
7 years$9,175$8,559$7,983$7,445$6,943$6,165
8 years$7,947$7,337$6,770$6,246$5,760$5,016
9 years$6,993$6,388$5,831$5,320$4,850$4,141
10 years$6,229$5,631$5,084$4,586$4,133$3,458
11 years$5,605$5,013$4,476$3,991$3,554$2,912
12 years$5,086$4,499$3,972$3,501$3,080$2,470
13 years$4,646$4,066$3,549$3,091$2,686$2,108
14 years$4,270$3,696$3,189$2,743$2,354$1,807
15 years$3,944$3,376$2,879$2,447$2,073$1,555
16 years$3,659$3,098$2,610$2,191$1,832$1,343
17 years$3,408$2,853$2,375$1,968$1,625$1,163
18 years$3,186$2,636$2,168$1,774$1,444$1,010
19 years$2,986$2,443$1,985$1,603$1,287$878
20 years$2,807$2,270$1,822$1,452$1,150$766
21 years$2,646$2,115$1,676$1,317$1,029$668
22 years$2,499$1,974$1,544$1,198$922$584
23 years$2,365$1,846$1,426$1,091$828$511
24 years$2,242$1,730$1,319$995$744$447
25 years$2,130$1,623$1,221$909$670$392
26 years$2,026$1,526$1,133$831$603$344
27 years$1,930$1,436$1,052$761$544$302
28 years$1,841$1,353$978$697$491$265
29 years$1,758$1,276$910$639$443$233
30 years$1,681$1,205$848$586$400$205
31 years$1,610$1,139$790$539$362$180
32 years$1,542$1,078$737$495$327$158
33 years$1,479$1,021$688$455$296$139
34 years$1,420$968$643$419$268$123
35 years$1,364$918$601$386$243$108
36 years$1,312$871$563$355$220$95
37 years$1,262$827$527$327$200$84
38 years$1,216$786$493$302$181$74
39 years$1,171$748$462$278$164$65
40 years$1,129$711$433$256$149$57
41 years$1,089$677$406$237$135$50
42 years$1,052$645$381$218$123$44
43 years$1,016$615$357$202$111$39
44 years$981$586$335$186$101$35
45 years$949$559$315$172$92$30
46 years$918$533$296$159$83$27
47 years$888$508$278$147$76$24
48 years$860$485$261$136$69$21
49 years$832$464$245$125$62$18
50 years$806$443$231$116$57$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $826,000, adding $2,007 every year, while hoping to spend $58,480 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: 58/18/24 Blend
71$826,000$826,000$826,000$826,000
72$912,322$868,544$855,741$959,219
73$943,157$848,881$822,186$971,779
74$975,177$826,294$785,547$979,041
75$1,008,441$800,578$745,659$985,706
76$1,043,012$771,517$702,349$991,731
77$1,078,959$738,881$655,437$997,072
78$1,116,353$702,426$604,735$1,001,682
79$1,155,273$661,897$550,046$1,005,514
80$1,195,802$617,021$491,163$1,008,520
81$1,238,029$567,511$427,873$1,010,648
82$1,282,052$513,062$359,950$1,011,848
83$1,327,974$453,355$287,161$1,012,068
84$1,375,907$388,049$209,261$1,011,255
85$1,425,973$316,787$125,994$1,009,355
86$1,478,301$239,189$37,095$1,006,315
87$1,533,034$154,855$0$1,002,080
88$1,590,324$63,363$0$1,011,392
89$1,650,336$0$0$1,030,502
90$1,713,251$0$0$1,057,002
91$1,779,262$0$0$1,097,995
92$1,848,580$0$0$1,141,065
93$1,921,436$0$0$1,186,356
94$1,998,079$0$0$1,234,028
95$2,078,780$0$0$1,284,253
96$2,163,835$0$0$1,337,217
97$2,253,565$0$0$1,393,126
98$2,348,322$0$0$1,452,202
99$2,448,489$0$0$1,514,689
100$2,554,482$0$0$1,580,851