Can I retire at age 73 with 1,800,000?

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 $1,800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$148,642$147,318$146,027$144,766$143,535$141,800
2 years$73,585$72,215$70,887$69,599$68,350$66,604
3 years$48,570$47,193$45,868$44,593$43,364$41,661
4 years$36,064$34,692$33,380$32,127$30,928$29,281
5 years$28,563$27,199$25,905$24,676$23,511$21,925
6 years$23,564$22,210$20,935$19,734$18,603$17,081
7 years$19,994$18,652$17,397$16,224$15,129$13,671
8 years$17,318$15,988$14,754$13,610$12,551$11,156
9 years$15,238$13,921$12,708$11,593$10,570$9,238
10 years$13,575$12,270$11,079$9,993$9,006$7,736
11 years$12,215$10,924$9,754$8,697$7,746$6,536
12 years$11,083$9,804$8,656$7,628$6,712$5,562
13 years$10,125$8,860$7,734$6,735$5,853$4,761
14 years$9,305$8,054$6,949$5,978$5,131$4,095
15 years$8,595$7,357$6,274$5,332$4,518$3,537
16 years$7,975$6,750$5,688$4,774$3,993$3,065
17 years$7,428$6,217$5,176$4,289$3,540$2,664
18 years$6,942$5,744$4,725$3,866$3,148$2,321
19 years$6,508$5,324$4,325$3,493$2,806$2,026
20 years$6,118$4,947$3,970$3,163$2,506$1,772
21 years$5,765$4,608$3,651$2,871$2,243$1,553
22 years$5,445$4,302$3,365$2,610$2,010$1,362
23 years$5,153$4,023$3,107$2,377$1,804$1,196
24 years$4,886$3,769$2,874$2,168$1,622$1,052
25 years$4,641$3,537$2,662$1,980$1,459$925
26 years$4,415$3,325$2,468$1,811$1,315$815
27 years$4,206$3,129$2,292$1,657$1,185$718
28 years$4,012$2,948$2,131$1,518$1,069$633
29 years$3,832$2,781$1,983$1,392$966$559
30 years$3,664$2,627$1,847$1,278$873$493
31 years$3,507$2,483$1,722$1,174$789$435
32 years$3,361$2,350$1,607$1,079$714$385
33 years$3,224$2,225$1,500$992$646$340
34 years$3,095$2,109$1,402$913$585$300
35 years$2,973$2,000$1,310$840$530$266
36 years$2,859$1,898$1,226$774$480$235
37 years$2,751$1,803$1,147$713$435$208
38 years$2,649$1,714$1,074$657$394$184
39 years$2,552$1,629$1,007$606$358$163
40 years$2,461$1,550$944$559$324$144
41 years$2,374$1,476$885$516$294$127
42 years$2,292$1,405$830$476$267$113
43 years$2,213$1,339$779$439$242$100
44 years$2,139$1,276$731$406$220$88
45 years$2,068$1,217$686$375$200$78
46 years$2,000$1,161$645$346$181$69
47 years$1,935$1,108$606$320$165$61
48 years$1,873$1,058$569$295$149$54
49 years$1,814$1,010$535$273$136$48
50 years$1,757$965$503$252$123$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $1,800,000, adding $6,954 every year, while hoping to spend $37,972 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: 73/11/16 Blend
72$1,800,000$1,800,000$1,800,000$1,800,000
73$1,990,773$1,895,373$1,867,473$2,128,399
74$2,153,430$1,947,844$1,889,631$2,273,022
75$2,331,405$2,001,614$1,911,260$2,426,086
76$2,526,221$2,056,706$1,932,299$2,592,755
77$2,739,554$2,113,143$1,952,690$2,774,373
78$2,973,251$2,170,949$1,972,367$2,972,415
79$3,229,343$2,230,147$1,991,262$3,188,510
80$3,510,071$2,290,759$2,009,305$3,424,448
81$3,817,901$2,352,808$2,026,418$3,682,205
82$4,155,547$2,416,316$2,042,524$3,963,954
83$4,526,003$2,481,305$2,057,538$4,272,092
84$4,932,562$2,547,797$2,071,373$4,609,256
85$5,378,856$2,615,810$2,083,936$4,978,355
86$5,868,881$2,685,367$2,095,130$5,382,590
87$6,407,042$2,756,485$2,104,852$5,825,490
88$6,998,191$2,829,184$2,112,995$6,310,943
89$7,647,672$2,903,480$2,119,446$6,843,232
90$8,361,374$2,979,390$2,124,087$7,427,077
91$9,145,784$3,056,929$2,126,793$8,067,675
92$10,008,046$3,136,111$2,127,434$8,770,758
93$10,956,036$3,216,950$2,125,872$9,542,637
94$11,998,426$3,299,455$2,121,963$10,390,267
95$13,144,774$3,383,636$2,115,557$11,321,314
96$14,405,608$3,469,502$2,106,495$12,344,222
97$15,792,529$3,557,057$2,094,612$13,468,298
98$17,318,320$3,646,304$2,079,734$14,703,794
99$18,997,061$3,737,247$2,061,678$16,062,011
100$20,844,271$3,829,881$2,040,254$17,555,399