Can I retire at age 73 with 335,000?

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 $335,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$27,664$27,418$27,177$26,943$26,713$26,567
2 years$13,695$13,440$13,193$12,953$12,721$12,573
3 years$9,039$8,783$8,537$8,299$8,071$7,926
4 years$6,712$6,457$6,212$5,979$5,756$5,616
5 years$5,316$5,062$4,821$4,593$4,376$4,241
6 years$4,385$4,134$3,896$3,673$3,462$3,332
7 years$3,721$3,471$3,238$3,020$2,816$2,691
8 years$3,223$2,976$2,746$2,533$2,336$2,216
9 years$2,836$2,591$2,365$2,158$1,967$1,852
10 years$2,526$2,284$2,062$1,860$1,676$1,566
11 years$2,273$2,033$1,815$1,619$1,442$1,336
12 years$2,063$1,825$1,611$1,420$1,249$1,149
13 years$1,884$1,649$1,439$1,253$1,089$993
14 years$1,732$1,499$1,293$1,113$955$864
15 years$1,600$1,369$1,168$992$841$754
16 years$1,484$1,256$1,059$888$743$660
17 years$1,382$1,157$963$798$659$580
18 years$1,292$1,069$879$719$586$511
19 years$1,211$991$805$650$522$452
20 years$1,139$921$739$589$466$400
21 years$1,073$858$680$534$417$354
22 years$1,013$801$626$486$374$315
23 years$959$749$578$442$336$280
24 years$909$702$535$404$302$249
25 years$864$658$495$369$272$222
26 years$822$619$459$337$245$198
27 years$783$582$427$308$221$177
28 years$747$549$397$283$199$158
29 years$713$518$369$259$180$141
30 years$682$489$344$238$162$126
31 years$653$462$320$218$147$113
32 years$625$437$299$201$133$101
33 years$600$414$279$185$120$90
34 years$576$392$261$170$109$81
35 years$553$372$244$156$99$73
36 years$532$353$228$144$89$65
37 years$512$336$214$133$81$58
38 years$493$319$200$122$73$52
39 years$475$303$187$113$67$47
40 years$458$289$176$104$60$42
41 years$442$275$165$96$55$38
42 years$427$262$154$89$50$34
43 years$412$249$145$82$45$30
44 years$398$238$136$75$41$27
45 years$385$227$128$70$37$24
46 years$372$216$120$64$34$22
47 years$360$206$113$59$31$20
48 years$349$197$106$55$28$18
49 years$338$188$100$51$25$16
50 years$327$180$94$47$23$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $335,000, adding $2,839 every year, while hoping to spend $23,602 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: 53/19/28 Blend
72$335,000$335,000$335,000$335,000
73$372,098$354,343$349,151$388,776
74$384,940$346,594$335,735$392,890
75$398,301$337,674$321,079$394,731
76$412,208$327,500$305,116$396,266
77$426,692$315,987$287,776$397,475
78$441,786$303,041$268,987$398,336
79$457,523$288,565$248,674$398,829
80$473,942$272,457$226,756$398,933
81$491,083$254,606$203,151$398,625
82$508,989$234,897$177,772$397,883
83$527,708$213,209$150,530$396,684
84$547,291$189,413$121,329$395,004
85$567,792$163,372$90,071$392,821
86$589,272$134,942$56,654$390,111
87$611,795$103,972$20,969$386,850
88$635,432$70,300$0$383,015
89$660,258$33,757$0$383,696
90$686,357$0$0$390,775
91$713,819$0$0$399,216
92$742,742$0$0$415,552
93$773,232$0$0$432,785
94$805,407$0$0$450,984
95$839,392$0$0$470,221
96$875,327$0$0$490,578
97$913,362$0$0$512,142
98$953,663$0$0$535,008
99$996,408$0$0$559,282
100$1,041,797$0$0$585,077