Can I retire at age 72 with 852,000?

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 $852,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$70,357$69,731$69,119$68,522$67,940$67,370
2 years$34,830$34,182$33,553$32,943$32,352$31,779
3 years$22,990$22,338$21,711$21,107$20,526$19,965
4 years$17,070$16,421$15,800$15,207$14,639$14,096
5 years$13,520$12,874$12,262$11,680$11,128$10,605
6 years$11,153$10,513$9,909$9,341$8,805$8,302
7 years$9,464$8,829$8,235$7,679$7,161$6,678
8 years$8,197$7,568$6,984$6,442$5,941$5,477
9 years$7,213$6,589$6,015$5,487$5,003$4,560
10 years$6,425$5,808$5,244$4,730$4,263$3,839
11 years$5,782$5,170$4,617$4,117$3,666$3,262
12 years$5,246$4,641$4,097$3,611$3,177$2,792
13 years$4,793$4,194$3,661$3,188$2,770$2,404
14 years$4,405$3,812$3,289$2,830$2,429$2,080
15 years$4,068$3,482$2,970$2,524$2,138$1,807
16 years$3,775$3,195$2,692$2,260$1,890$1,576
17 years$3,516$2,943$2,450$2,030$1,676$1,378
18 years$3,286$2,719$2,236$1,830$1,490$1,208
19 years$3,080$2,520$2,047$1,653$1,328$1,062
20 years$2,896$2,342$1,879$1,497$1,186$935
21 years$2,729$2,181$1,728$1,359$1,062$825
22 years$2,577$2,036$1,593$1,236$951$728
23 years$2,439$1,904$1,471$1,125$854$644
24 years$2,313$1,784$1,360$1,026$768$570
25 years$2,197$1,674$1,260$937$691$505
26 years$2,090$1,574$1,168$857$622$448
27 years$1,991$1,481$1,085$784$561$398
28 years$1,899$1,396$1,009$719$506$353
29 years$1,814$1,317$939$659$457$314
30 years$1,734$1,243$874$605$413$279
31 years$1,660$1,175$815$556$373$248
32 years$1,591$1,112$760$511$338$221
33 years$1,526$1,053$710$469$306$197
34 years$1,465$998$663$432$277$175
35 years$1,407$947$620$398$251$156
36 years$1,353$899$580$366$227$139
37 years$1,302$853$543$337$206$124
38 years$1,254$811$509$311$187$110
39 years$1,208$771$476$287$169$98
40 years$1,165$734$447$265$154$88
41 years$1,124$699$419$244$139$78
42 years$1,085$665$393$225$126$70
43 years$1,048$634$369$208$115$62
44 years$1,012$604$346$192$104$56
45 years$979$576$325$177$95$50
46 years$947$550$305$164$86$44
47 years$916$525$287$151$78$39
48 years$887$501$269$140$71$35
49 years$859$478$253$129$64$31
50 years$832$457$238$119$58$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $852,000, adding $4,619 every year, while hoping to spend $38,603 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: 48/25/27 Blend
71$852,000$852,000$852,000$852,000
72$943,668$898,512$885,306$981,503
73$998,849$901,466$873,891$1,011,501
74$1,058,365$903,271$860,799$1,039,894
75$1,122,616$903,830$845,934$1,069,973
76$1,192,045$903,039$829,195$1,101,916
77$1,267,135$900,790$810,475$1,135,922
78$1,348,420$896,966$789,663$1,172,211
79$1,436,485$891,443$766,643$1,211,028
80$1,531,975$884,092$741,293$1,252,646
81$1,635,597$874,772$713,487$1,297,367
82$1,748,130$863,338$683,090$1,345,529
83$1,870,431$849,634$649,966$1,397,504
84$2,003,442$833,493$613,967$1,453,708
85$2,148,201$814,742$574,943$1,514,600
86$2,305,848$793,195$532,734$1,580,692
87$2,477,638$768,656$487,175$1,652,550
88$2,664,954$740,917$438,092$1,730,802
89$2,869,317$709,759$385,305$1,816,145
90$3,092,399$674,948$328,624$1,909,350
91$3,336,043$636,241$267,853$2,011,273
92$3,602,278$593,375$202,784$2,122,861
93$3,893,336$546,076$133,204$2,245,163
94$4,211,677$494,055$58,887$2,379,341
95$4,560,007$437,002$0$2,526,681
96$4,941,307$374,595$0$2,694,490
97$5,358,859$306,489$0$2,896,946
98$5,816,278$232,322$0$3,118,884
99$6,317,544$151,712$0$3,362,307
100$6,867,042$64,254$0$3,629,429