Can I retire at age 72 with 875,000?

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 $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$72,257$71,613$70,985$70,372$69,774$69,363
2 years$35,771$35,104$34,459$33,833$33,226$32,811
3 years$23,610$22,941$22,297$21,677$21,080$20,675
4 years$17,531$16,864$16,227$15,617$15,034$14,641
5 years$13,885$13,222$12,593$11,995$11,429$11,049
6 years$11,455$10,797$10,177$9,593$9,043$8,678
7 years$9,719$9,067$8,457$7,887$7,355$7,003
8 years$8,419$7,772$7,172$6,616$6,101$5,764
9 years$7,407$6,767$6,177$5,635$5,138$4,815
10 years$6,599$5,965$5,385$4,858$4,378$4,069
11 years$5,938$5,310$4,741$4,228$3,765$3,470
12 years$5,387$4,766$4,208$3,708$3,263$2,981
13 years$4,922$4,307$3,759$3,274$2,845$2,576
14 years$4,523$3,915$3,378$2,906$2,494$2,238
15 years$4,178$3,576$3,050$2,592$2,196$1,953
16 years$3,877$3,281$2,765$2,321$1,941$1,710
17 years$3,611$3,022$2,516$2,085$1,721$1,501
18 years$3,375$2,792$2,297$1,879$1,530$1,322
19 years$3,164$2,588$2,103$1,698$1,364$1,167
20 years$2,974$2,405$1,930$1,538$1,218$1,032
21 years$2,802$2,240$1,775$1,396$1,090$914
22 years$2,647$2,091$1,636$1,269$977$811
23 years$2,505$1,956$1,510$1,156$877$720
24 years$2,375$1,832$1,397$1,054$788$641
25 years$2,256$1,720$1,294$963$709$570
26 years$2,146$1,616$1,200$880$639$508
27 years$2,044$1,521$1,114$806$576$453
28 years$1,950$1,433$1,036$738$520$404
29 years$1,863$1,352$964$677$469$361
30 years$1,781$1,277$898$621$424$323
31 years$1,705$1,207$837$571$383$289
32 years$1,634$1,142$781$524$347$258
33 years$1,567$1,082$729$482$314$231
34 years$1,504$1,025$681$444$284$207
35 years$1,445$972$637$408$257$185
36 years$1,390$923$596$376$233$166
37 years$1,337$877$558$347$211$148
38 years$1,288$833$522$319$192$133
39 years$1,241$792$489$295$174$119
40 years$1,196$754$459$272$158$107
41 years$1,154$717$430$251$143$96
42 years$1,114$683$403$231$130$86
43 years$1,076$651$379$214$118$77
44 years$1,040$620$355$197$107$69
45 years$1,005$592$334$182$97$62
46 years$972$564$313$168$88$56
47 years$941$539$294$155$80$50
48 years$911$514$277$144$73$45
49 years$882$491$260$133$66$40
50 years$854$469$244$123$60$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $875,000, adding $2,302 every year, while hoping to spend $51,646 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: 41/50/9 Blend
71$875,000$875,000$875,000$875,000
72$966,625$920,250$906,687$1,003,582
73$1,010,269$910,391$882,110$1,019,819
74$1,056,635$898,318$854,979$1,032,032
75$1,105,944$883,868$825,153$1,044,082
76$1,158,441$866,869$792,487$1,055,974
77$1,214,394$847,136$756,826$1,067,720
78$1,274,093$824,478$718,012$1,079,334
79$1,337,861$798,687$675,875$1,090,840
80$1,406,048$769,548$630,242$1,102,265
81$1,479,040$736,831$580,930$1,113,646
82$1,557,258$700,292$527,748$1,125,029
83$1,641,166$659,674$470,495$1,136,469
84$1,731,273$614,706$408,964$1,148,036
85$1,828,136$565,099$342,937$1,159,809
86$1,932,367$510,551$272,187$1,171,885
87$2,044,640$450,739$196,477$1,184,378
88$2,165,692$385,324$115,557$1,197,421
89$2,296,335$313,947$29,171$1,211,167
90$2,437,461$236,230$0$1,225,796
91$2,590,048$151,772$0$1,247,566
92$2,755,175$60,151$0$1,274,047
93$2,934,024$0$0$1,302,734
94$3,127,898$0$0$1,355,470
95$3,338,226$0$0$1,448,681
96$3,566,583$0$0$1,549,980
97$3,814,700$0$0$1,660,148
98$4,084,482$0$0$1,780,043
99$4,378,022$0$0$1,910,610
100$4,697,627$0$0$2,052,889