Can I retire at age 73 with 435,000?

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 $435,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$35,922$35,602$35,290$34,985$34,688$34,254
2 years$17,783$17,452$17,131$16,820$16,518$16,082
3 years$11,738$11,405$11,085$10,777$10,480$10,054
4 years$8,716$8,384$8,067$7,764$7,474$7,063
5 years$6,903$6,573$6,260$5,963$5,682$5,286
6 years$5,695$5,367$5,059$4,769$4,496$4,116
7 years$4,832$4,508$4,204$3,921$3,656$3,292
8 years$4,185$3,864$3,566$3,289$3,033$2,685
9 years$3,683$3,364$3,071$2,802$2,554$2,222
10 years$3,281$2,965$2,677$2,415$2,176$1,860
11 years$2,952$2,640$2,357$2,102$1,872$1,570
12 years$2,678$2,369$2,092$1,844$1,622$1,335
13 years$2,447$2,141$1,869$1,628$1,415$1,142
14 years$2,249$1,946$1,679$1,445$1,240$982
15 years$2,077$1,778$1,516$1,288$1,092$848
16 years$1,927$1,631$1,375$1,154$965$734
17 years$1,795$1,502$1,251$1,037$856$637
18 years$1,678$1,388$1,142$934$761$555
19 years$1,573$1,287$1,045$844$678$484
20 years$1,478$1,196$959$765$606$423
21 years$1,393$1,114$882$694$542$370
22 years$1,316$1,040$813$631$486$325
23 years$1,245$972$751$575$436$285
24 years$1,181$911$694$524$392$250
25 years$1,121$855$643$479$353$220
26 years$1,067$803$597$438$318$194
27 years$1,016$756$554$401$286$171
28 years$970$713$515$367$258$150
29 years$926$672$479$337$233$132
30 years$885$635$446$309$211$117
31 years$848$600$416$284$191$103
32 years$812$568$388$261$172$91
33 years$779$538$363$240$156$80
34 years$748$510$339$221$141$71
35 years$719$483$317$203$128$63
36 years$691$459$296$187$116$55
37 years$665$436$277$172$105$49
38 years$640$414$260$159$95$43
39 years$617$394$243$146$86$38
40 years$595$375$228$135$78$34
41 years$574$357$214$125$71$30
42 years$554$340$201$115$65$26
43 years$535$324$188$106$59$23
44 years$517$308$177$98$53$21
45 years$500$294$166$91$48$18
46 years$483$281$156$84$44$16
47 years$468$268$146$77$40$14
48 years$453$256$138$71$36$13
49 years$438$244$129$66$33$11
50 years$425$233$122$61$30$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $435,000, adding $4,390 every year, while hoping to spend $33,878 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: 74/5/21 Blend
72$435,000$435,000$435,000$435,000
73$483,898$460,843$454,101$516,952
74$497,210$447,379$433,267$526,027
75$510,744$432,119$410,600$531,440
76$524,487$414,940$386,003$536,507
77$538,424$395,711$359,373$541,187
78$552,537$374,294$330,605$545,435
79$566,803$350,543$299,588$549,200
80$581,199$324,301$266,206$552,431
81$595,695$295,406$230,338$555,068
82$610,260$263,684$191,858$557,050
83$624,854$228,953$150,634$558,306
84$639,437$191,019$106,527$558,763
85$653,958$149,678$59,395$558,339
86$668,364$104,714$9,086$556,945
87$682,591$55,899$0$554,485
88$696,571$2,993$0$560,847
89$710,223$0$0$568,746
90$723,460$0$0$579,042
91$736,182$0$0$589,073
92$748,278$0$0$598,582
93$759,624$0$0$607,468
94$770,080$0$0$615,617
95$779,491$0$0$622,902
96$787,684$0$0$629,182
97$794,467$0$0$634,298
98$799,624$0$0$638,077
99$802,918$0$0$640,321
100$804,081$0$0$640,815