Can I retire at age 73 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$119,740$118,673$117,632$116,617$115,625$111,969
2 years$59,277$58,173$57,103$56,066$55,060$51,409
3 years$39,125$38,017$36,950$35,922$34,932$31,402
4 years$29,052$27,946$26,890$25,880$24,914$21,531
5 years$23,009$21,910$20,868$19,878$18,939$15,713
6 years$18,982$17,891$16,864$15,897$14,986$11,919
7 years$16,106$15,025$14,014$13,070$12,188$9,279
8 years$13,951$12,879$11,885$10,964$10,111$7,359
9 years$12,275$11,214$10,237$9,339$8,515$5,917
10 years$10,935$9,884$8,925$8,050$7,255$4,807
11 years$9,840$8,799$7,857$7,006$6,239$3,937
12 years$8,928$7,898$6,973$6,145$5,407$3,246
13 years$8,156$7,137$6,230$5,425$4,715$2,689
14 years$7,496$6,488$5,598$4,816$4,133$2,237
15 years$6,924$5,927$5,054$4,295$3,639$1,867
16 years$6,424$5,438$4,582$3,846$3,216$1,563
17 years$5,983$5,008$4,169$3,455$2,852$1,311
18 years$5,592$4,627$3,806$3,114$2,536$1,102
19 years$5,242$4,289$3,484$2,814$2,260$928
20 years$4,928$3,985$3,198$2,548$2,019$782
21 years$4,644$3,712$2,941$2,313$1,807$660
22 years$4,386$3,465$2,711$2,103$1,619$558
23 years$4,151$3,241$2,503$1,915$1,454$471
24 years$3,936$3,036$2,315$1,747$1,307$399
25 years$3,738$2,850$2,144$1,595$1,176$337
26 years$3,556$2,678$1,989$1,459$1,059$286
27 years$3,388$2,520$1,846$1,335$955$242
28 years$3,232$2,375$1,717$1,223$862$205
29 years$3,087$2,241$1,597$1,122$778$174
30 years$2,952$2,116$1,488$1,029$703$147
31 years$2,825$2,000$1,387$945$635$125
32 years$2,707$1,893$1,294$869$575$106
33 years$2,597$1,792$1,208$799$520$90
34 years$2,493$1,699$1,129$735$471$76
35 years$2,395$1,611$1,056$677$427$65
36 years$2,303$1,529$988$623$387$55
37 years$2,216$1,453$924$574$350$47
38 years$2,134$1,380$866$529$318$40
39 years$2,056$1,313$811$488$288$34
40 years$1,982$1,249$760$450$261$28
41 years$1,912$1,189$713$415$237$24
42 years$1,846$1,132$669$383$215$21
43 years$1,783$1,079$627$354$195$17
44 years$1,723$1,028$589$327$177$15
45 years$1,666$981$553$302$161$13
46 years$1,611$935$519$279$146$11
47 years$1,559$893$488$257$133$9
48 years$1,509$852$458$238$120$8
49 years$1,461$814$431$220$109$7
50 years$1,416$777$405$203$99$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $1,450,000, adding $3,633 every year, while hoping to spend $49,569 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: 64/27/9 Blend
72$1,450,000$1,450,000$1,450,000$1,450,000
73$1,601,647$1,524,797$1,502,322$1,700,911
74$1,712,274$1,546,771$1,499,909$1,789,539
75$1,832,524$1,568,161$1,495,754$1,880,155
76$1,963,325$1,588,885$1,489,745$1,977,858
77$2,105,701$1,608,856$1,481,768$2,083,331
78$2,260,775$1,627,983$1,471,700$2,197,331
79$2,429,787$1,646,167$1,459,415$2,320,692
80$2,614,097$1,663,301$1,444,777$2,454,332
81$2,815,206$1,679,274$1,427,648$2,599,264
82$3,034,764$1,693,965$1,407,881$2,756,605
83$3,274,588$1,707,247$1,385,323$2,927,585
84$3,536,677$1,718,984$1,359,813$3,113,561
85$3,823,234$1,729,030$1,331,183$3,316,031
86$4,136,683$1,737,232$1,299,256$3,536,645
87$4,479,694$1,743,425$1,263,850$3,777,220
88$4,855,205$1,747,435$1,224,772$4,039,765
89$5,266,454$1,749,077$1,181,819$4,326,489
90$5,717,004$1,748,154$1,134,783$4,639,833
91$6,210,782$1,744,457$1,083,442$4,982,484
92$6,752,111$1,737,765$1,027,566$5,357,409
93$7,345,752$1,727,841$966,915$5,767,877
94$7,996,949$1,714,436$901,237$6,217,492
95$8,711,479$1,697,284$830,270$6,710,229
96$9,495,705$1,676,106$753,739$7,250,470
97$10,356,635$1,650,604$671,357$7,843,049
98$11,301,990$1,620,461$582,826$8,493,293
99$12,340,273$1,585,344$487,831$9,207,077
100$13,480,854$1,544,899$386,046$9,990,877