Can I retire at age 73 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$145,339$144,045$142,781$141,549$140,345$139,344
2 years$71,950$70,610$69,311$68,052$66,831$65,821
3 years$47,490$46,144$44,849$43,602$42,400$41,414
4 years$35,263$33,921$32,639$31,413$30,240$29,284
5 years$27,928$26,595$25,329$24,128$22,988$22,065
6 years$23,040$21,716$20,470$19,295$18,190$17,301
7 years$19,550$18,237$17,010$15,864$14,793$13,940
8 years$16,933$15,633$14,426$13,308$12,272$11,454
9 years$14,900$13,611$12,425$11,335$10,335$9,551
10 years$13,273$11,998$10,833$9,771$8,806$8,056
11 years$11,944$10,681$9,537$8,504$7,573$6,858
12 years$10,836$9,586$8,464$7,459$6,563$5,880
13 years$9,900$8,663$7,562$6,585$5,723$5,073
14 years$9,099$7,875$6,794$5,846$5,017$4,398
15 years$8,404$7,194$6,134$5,213$4,417$3,829
16 years$7,797$6,600$5,562$4,668$3,904$3,346
17 years$7,263$6,078$5,061$4,194$3,461$2,932
18 years$6,788$5,617$4,620$3,780$3,078$2,577
19 years$6,363$5,206$4,229$3,415$2,743$2,269
20 years$5,982$4,837$3,881$3,093$2,450$2,002
21 years$5,637$4,506$3,570$2,807$2,193$1,770
22 years$5,324$4,206$3,290$2,552$1,966$1,567
23 years$5,039$3,934$3,038$2,325$1,764$1,389
24 years$4,777$3,686$2,810$2,120$1,586$1,232
25 years$4,538$3,459$2,602$1,936$1,427$1,094
26 years$4,316$3,251$2,414$1,770$1,285$973
27 years$4,112$3,059$2,241$1,620$1,159$866
28 years$3,923$2,883$2,084$1,485$1,046$771
29 years$3,747$2,720$1,939$1,361$944$687
30 years$3,583$2,568$1,806$1,250$853$612
31 years$3,429$2,428$1,684$1,148$771$546
32 years$3,286$2,297$1,571$1,055$698$487
33 years$3,152$2,176$1,467$970$631$434
34 years$3,026$2,062$1,370$892$572$388
35 years$2,907$1,956$1,281$821$518$346
36 years$2,795$1,856$1,199$757$469$309
37 years$2,690$1,763$1,122$697$425$276
38 years$2,590$1,676$1,051$642$386$247
39 years$2,496$1,593$984$592$350$221
40 years$2,406$1,516$923$546$317$197
41 years$2,321$1,443$865$504$288$177
42 years$2,241$1,374$811$465$261$158
43 years$2,164$1,309$761$429$237$141
44 years$2,091$1,248$715$397$215$126
45 years$2,022$1,190$671$366$195$113
46 years$1,955$1,135$630$338$177$101
47 years$1,892$1,083$592$313$161$90
48 years$1,832$1,034$557$289$146$81
49 years$1,774$988$523$267$133$72
50 years$1,718$944$492$247$121$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $1,760,000, adding $5,448 every year, while hoping to spend $32,393 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: 54/35/11 Blend
72$1,760,000$1,760,000$1,760,000$1,760,000
73$1,945,140$1,851,860$1,824,580$2,044,425
74$2,109,078$1,908,135$1,851,237$2,168,716
75$2,288,652$1,966,082$1,877,702$2,299,944
76$2,485,423$2,025,748$1,903,934$2,442,012
77$2,701,110$2,087,183$1,929,889$2,595,957
78$2,937,605$2,150,437$1,955,522$2,762,919
79$3,196,994$2,215,562$1,980,785$2,944,151
80$3,481,572$2,282,609$2,005,626$3,141,035
81$3,793,870$2,351,634$2,029,992$3,355,089
82$4,136,673$2,422,693$2,053,825$3,587,985
83$4,513,050$2,495,842$2,077,065$3,841,564
84$4,926,383$2,571,139$2,099,648$4,117,852
85$5,380,395$2,648,647$2,121,508$4,419,080
86$5,879,190$2,728,424$2,142,572$4,747,704
87$6,427,286$2,810,536$2,162,768$5,106,428
88$7,029,664$2,895,047$2,182,015$5,498,230
89$7,691,808$2,982,022$2,200,230$5,926,390
90$8,419,761$3,071,531$2,217,327$6,394,519
91$9,220,183$3,163,642$2,233,214$6,906,594
92$10,100,409$3,258,427$2,247,794$7,466,996
93$11,068,520$3,355,960$2,260,964$8,080,550
94$12,133,421$3,456,314$2,272,619$8,752,570
95$13,304,924$3,559,567$2,282,645$9,488,910
96$14,593,837$3,665,797$2,290,925$10,296,019
97$16,012,072$3,775,085$2,297,334$11,180,998
98$17,572,751$3,887,511$2,301,743$12,151,674
99$19,290,334$4,003,162$2,304,013$13,216,666
100$21,180,753$4,122,122$2,304,003$14,385,470