Can I retire at age 73 with 432,000?

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 $432,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$35,674$35,356$35,046$34,744$34,448$33,739
2 years$17,660$17,332$17,013$16,704$16,404$15,693
3 years$11,657$11,326$11,008$10,702$10,407$9,716
4 years$8,655$8,326$8,011$7,710$7,423$6,757
5 years$6,855$6,528$6,217$5,922$5,643$5,004
6 years$5,655$5,330$5,024$4,736$4,465$3,854
7 years$4,799$4,476$4,175$3,894$3,631$3,049
8 years$4,156$3,837$3,541$3,266$3,012$2,458
9 years$3,657$3,341$3,050$2,782$2,537$2,010
10 years$3,258$2,945$2,659$2,398$2,161$1,662
11 years$2,932$2,622$2,341$2,087$1,859$1,386
12 years$2,660$2,353$2,077$1,831$1,611$1,163
13 years$2,430$2,126$1,856$1,616$1,405$982
14 years$2,233$1,933$1,668$1,435$1,231$833
15 years$2,063$1,766$1,506$1,280$1,084$709
16 years$1,914$1,620$1,365$1,146$958$606
17 years$1,783$1,492$1,242$1,029$850$518
18 years$1,666$1,379$1,134$928$755$445
19 years$1,562$1,278$1,038$838$673$382
20 years$1,468$1,187$953$759$601$329
21 years$1,384$1,106$876$689$538$284
22 years$1,307$1,032$808$627$482$245
23 years$1,237$966$746$571$433$212
24 years$1,173$905$690$520$389$183
25 years$1,114$849$639$475$350$159
26 years$1,059$798$592$435$316$137
27 years$1,009$751$550$398$284$119
28 years$963$708$511$364$257$103
29 years$920$668$476$334$232$89
30 years$879$630$443$307$209$78
31 years$842$596$413$282$189$67
32 years$807$564$386$259$171$58
33 years$774$534$360$238$155$51
34 years$743$506$336$219$140$44
35 years$714$480$315$202$127$38
36 years$686$456$294$186$115$33
37 years$660$433$275$171$104$29
38 years$636$411$258$158$95$25
39 years$613$391$242$145$86$22
40 years$591$372$226$134$78$19
41 years$570$354$212$124$71$16
42 years$550$337$199$114$64$14
43 years$531$321$187$105$58$12
44 years$513$306$175$97$53$11
45 years$496$292$165$90$48$9
46 years$480$279$155$83$44$8
47 years$464$266$145$77$40$7
48 years$450$254$137$71$36$6
49 years$435$242$128$66$33$5
50 years$422$232$121$61$30$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $432,000, adding $5,119 every year, while hoping to spend $21,515 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: 60/24/16 Blend
72$432,000$432,000$432,000$432,000
73$481,344$458,448$451,752$507,972
74$507,550$458,020$443,994$526,115
75$535,707$456,851$435,255$543,049
76$565,992$454,880$425,479$561,019
77$598,599$452,045$414,609$580,128
78$633,741$448,280$402,583$600,489
79$671,651$443,514$389,338$622,229
80$712,586$437,672$374,807$645,488
81$756,827$430,676$358,921$670,420
82$804,686$422,441$341,607$697,198
83$856,501$412,878$322,788$726,011
84$912,649$401,893$302,386$757,071
85$973,540$389,387$280,317$790,612
86$1,039,628$375,254$256,494$826,891
87$1,111,410$359,382$230,827$866,195
88$1,189,436$341,653$203,221$908,842
89$1,274,306$321,942$173,578$955,181
90$1,366,685$300,117$141,792$1,005,602
91$1,467,303$276,039$107,758$1,060,533
92$1,576,962$249,559$71,362$1,120,450
93$1,696,546$220,521$32,486$1,185,878
94$1,827,027$188,760$0$1,257,400
95$1,969,477$154,102$0$1,337,193
96$2,125,074$116,363$0$1,430,452
97$2,295,114$75,348$0$1,532,433
98$2,481,028$30,852$0$1,644,029
99$2,684,386$0$0$1,766,224
100$2,906,922$0$0$1,904,686