Can I retire at age 72 with 872,000?

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 $872,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$72,009$71,368$70,742$70,131$69,535$68,495
2 years$35,648$34,984$34,341$33,717$33,112$32,067
3 years$23,529$22,862$22,221$21,603$21,007$19,990
4 years$17,471$16,806$16,171$15,564$14,983$14,000
5 years$13,837$13,176$12,549$11,954$11,390$10,445
6 years$11,415$10,760$10,142$9,560$9,012$8,106
7 years$9,686$9,036$8,428$7,860$7,329$6,462
8 years$8,390$7,745$7,147$6,593$6,080$5,253
9 years$7,382$6,744$6,156$5,616$5,121$4,331
10 years$6,576$5,944$5,367$4,841$4,363$3,612
11 years$5,918$5,292$4,725$4,213$3,752$3,038
12 years$5,369$4,750$4,193$3,696$3,252$2,574
13 years$4,905$4,292$3,746$3,263$2,836$2,193
14 years$4,508$3,902$3,366$2,896$2,486$1,878
15 years$4,164$3,564$3,039$2,583$2,189$1,614
16 years$3,863$3,270$2,756$2,313$1,934$1,392
17 years$3,598$3,012$2,507$2,078$1,715$1,204
18 years$3,363$2,783$2,289$1,873$1,525$1,044
19 years$3,153$2,579$2,095$1,692$1,359$906
20 years$2,964$2,397$1,923$1,533$1,214$789
21 years$2,793$2,232$1,769$1,391$1,086$687
22 years$2,638$2,084$1,630$1,265$974$600
23 years$2,496$1,949$1,505$1,152$874$524
24 years$2,367$1,826$1,392$1,050$786$458
25 years$2,248$1,714$1,289$959$707$401
26 years$2,139$1,611$1,196$877$637$351
27 years$2,037$1,516$1,110$803$574$308
28 years$1,943$1,428$1,032$736$518$270
29 years$1,856$1,347$961$675$468$237
30 years$1,775$1,272$895$619$423$208
31 years$1,699$1,203$834$569$382$182
32 years$1,628$1,138$778$523$346$160
33 years$1,562$1,078$727$481$313$141
34 years$1,499$1,022$679$442$283$124
35 years$1,440$969$635$407$257$109
36 years$1,385$920$594$375$232$96
37 years$1,333$874$556$345$211$84
38 years$1,283$830$521$318$191$74
39 years$1,236$789$488$294$173$65
40 years$1,192$751$457$271$157$57
41 years$1,150$715$429$250$143$50
42 years$1,110$681$402$231$129$44
43 years$1,072$649$377$213$117$39
44 years$1,036$618$354$196$107$34
45 years$1,002$590$333$181$97$30
46 years$969$563$312$168$88$26
47 years$937$537$293$155$80$23
48 years$907$512$276$143$72$21
49 years$879$489$259$132$66$18
50 years$851$467$244$122$60$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $872,000, adding $4,244 every year, while hoping to spend $39,090 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: 75/19/6 Blend
71$872,000$872,000$872,000$872,000
72$965,322$919,106$905,590$1,036,796
73$1,022,193$922,550$894,335$1,087,826
74$1,083,555$924,854$881,394$1,138,314
75$1,149,825$925,919$866,668$1,192,503
76$1,221,460$925,642$850,054$1,250,747
77$1,298,964$923,913$831,446$1,313,432
78$1,382,890$920,617$810,732$1,380,986
79$1,473,847$915,629$787,793$1,453,880
80$1,572,504$908,819$762,508$1,532,632
81$1,679,595$900,048$734,749$1,617,817
82$1,795,931$889,167$704,380$1,710,064
83$1,922,401$876,021$671,262$1,810,070
84$2,059,985$860,445$635,248$1,918,602
85$2,209,759$842,263$596,184$2,036,506
86$2,372,910$821,289$553,912$2,164,715
87$2,550,741$797,326$508,262$2,304,258
88$2,744,688$770,167$459,061$2,456,269
89$2,956,332$739,591$406,125$2,622,000
90$3,187,412$705,365$349,264$2,802,828
91$3,439,842$667,242$288,278$3,000,277
92$3,715,730$624,961$222,960$3,216,022
93$4,017,398$578,247$153,092$3,451,914
94$4,347,399$526,808$78,447$3,709,993
95$4,708,547$470,335$0$3,992,508
96$5,103,941$408,503$0$4,302,016
97$5,536,991$340,968$0$4,646,541
98$6,011,454$267,365$0$5,024,086
99$6,531,468$187,312$0$5,437,995
100$7,101,588$100,401$0$5,891,954