Can I retire at age 72 with 852,000?

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 $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%15.5%
1 years$70,357$69,731$69,119$68,522$67,940$66,405
2 years$34,830$34,182$33,553$32,943$32,352$30,814
3 years$22,990$22,338$21,711$21,107$20,526$19,033
4 years$17,070$16,421$15,800$15,207$14,639$13,202
5 years$13,520$12,874$12,262$11,680$11,128$9,752
6 years$11,153$10,513$9,909$9,341$8,805$7,491
7 years$9,464$8,829$8,235$7,679$7,161$5,908
8 years$8,197$7,568$6,984$6,442$5,941$4,750
9 years$7,213$6,589$6,015$5,487$5,003$3,872
10 years$6,425$5,808$5,244$4,730$4,263$3,192
11 years$5,782$5,170$4,617$4,117$3,666$2,653
12 years$5,246$4,641$4,097$3,611$3,177$2,220
13 years$4,793$4,194$3,661$3,188$2,770$1,868
14 years$4,405$3,812$3,289$2,830$2,429$1,579
15 years$4,068$3,482$2,970$2,524$2,138$1,339
16 years$3,775$3,195$2,692$2,260$1,890$1,140
17 years$3,516$2,943$2,450$2,030$1,676$972
18 years$3,286$2,719$2,236$1,830$1,490$831
19 years$3,080$2,520$2,047$1,653$1,328$712
20 years$2,896$2,342$1,879$1,497$1,186$611
21 years$2,729$2,181$1,728$1,359$1,062$525
22 years$2,577$2,036$1,593$1,236$951$451
23 years$2,439$1,904$1,471$1,125$854$388
24 years$2,313$1,784$1,360$1,026$768$335
25 years$2,197$1,674$1,260$937$691$288
26 years$2,090$1,574$1,168$857$622$249
27 years$1,991$1,481$1,085$784$561$215
28 years$1,899$1,396$1,009$719$506$185
29 years$1,814$1,317$939$659$457$160
30 years$1,734$1,243$874$605$413$138
31 years$1,660$1,175$815$556$373$120
32 years$1,591$1,112$760$511$338$103
33 years$1,526$1,053$710$469$306$89
34 years$1,465$998$663$432$277$77
35 years$1,407$947$620$398$251$67
36 years$1,353$899$580$366$227$58
37 years$1,302$853$543$337$206$50
38 years$1,254$811$509$311$187$43
39 years$1,208$771$476$287$169$37
40 years$1,165$734$447$265$154$32
41 years$1,124$699$419$244$139$28
42 years$1,085$665$393$225$126$24
43 years$1,048$634$369$208$115$21
44 years$1,012$604$346$192$104$18
45 years$979$576$325$177$95$16
46 years$947$550$305$164$86$14
47 years$916$525$287$151$78$12
48 years$887$501$269$140$71$10
49 years$859$478$253$129$64$9
50 years$832$457$238$119$58$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $852,000, adding $5,845 every year, while hoping to spend $48,147 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: 38/37/25 Blend
71$852,000$852,000$852,000$852,000
72$944,933$899,777$886,571$973,605
73$990,088$892,638$865,043$987,918
74$1,038,236$883,536$841,180$998,487
75$1,089,629$872,323$814,854$1,008,963
76$1,144,548$858,843$785,928$1,019,368
77$1,203,298$842,932$754,263$1,029,728
78$1,266,213$824,415$719,709$1,040,079
79$1,333,662$803,106$682,114$1,050,462
80$1,406,046$778,809$641,316$1,060,929
81$1,483,809$751,317$597,146$1,071,541
82$1,567,435$720,409$549,428$1,082,370
83$1,657,458$685,854$497,979$1,093,502
84$1,754,463$647,405$442,605$1,105,037
85$1,859,093$604,802$383,107$1,117,092
86$1,972,053$557,770$319,274$1,129,801
87$2,094,121$506,019$250,888$1,143,320
88$2,226,148$449,241$177,720$1,157,828
89$2,369,073$387,112$99,531$1,173,530
90$2,523,925$319,287$16,072$1,190,661
91$2,691,839$245,405$0$1,209,487
92$2,874,059$165,083$0$1,249,782
93$3,071,957$77,916$0$1,298,260
94$3,287,040$0$0$1,351,094
95$3,520,967$0$0$1,415,530
96$3,775,561$0$0$1,520,289
97$4,052,831$0$0$1,634,484
98$4,354,986$0$0$1,759,040
99$4,684,456$0$0$1,894,972
100$5,043,918$0$0$2,043,400