Can I retire at age 73 with 536,000?

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 $536,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$44,262$43,868$43,483$43,108$42,741$42,401
2 years$21,912$21,504$21,108$20,725$20,353$20,010
3 years$14,463$14,053$13,659$13,279$12,913$12,578
4 years$10,739$10,331$9,940$9,567$9,210$8,885
5 years$8,505$8,099$7,714$7,348$7,001$6,688
6 years$7,017$6,614$6,234$5,876$5,540$5,238
7 years$5,954$5,554$5,180$4,831$4,505$4,216
8 years$5,157$4,761$4,393$4,053$3,737$3,460
9 years$4,538$4,145$3,784$3,452$3,147$2,882
10 years$4,042$3,654$3,299$2,976$2,682$2,428
11 years$3,637$3,253$2,904$2,590$2,306$2,064
12 years$3,300$2,920$2,578$2,272$1,999$1,768
13 years$3,015$2,638$2,303$2,005$1,743$1,523
14 years$2,771$2,398$2,069$1,780$1,528$1,319
15 years$2,559$2,191$1,868$1,588$1,345$1,147
16 years$2,375$2,010$1,694$1,422$1,189$1,000
17 years$2,212$1,851$1,541$1,277$1,054$876
18 years$2,067$1,711$1,407$1,151$937$768
19 years$1,938$1,585$1,288$1,040$835$676
20 years$1,822$1,473$1,182$942$746$595
21 years$1,717$1,372$1,087$855$668$525
22 years$1,621$1,281$1,002$777$599$464
23 years$1,534$1,198$925$708$537$411
24 years$1,455$1,122$856$646$483$364
25 years$1,382$1,053$793$590$435$323
26 years$1,315$990$735$539$391$287
27 years$1,252$932$683$494$353$255
28 years$1,195$878$635$452$318$226
29 years$1,141$828$590$415$288$201
30 years$1,091$782$550$381$260$179
31 years$1,044$739$513$349$235$159
32 years$1,001$700$478$321$212$142
33 years$960$663$447$295$192$127
34 years$921$628$417$272$174$113
35 years$885$596$390$250$158$101
36 years$851$565$365$230$143$90
37 years$819$537$342$212$130$80
38 years$789$510$320$196$117$71
39 years$760$485$300$180$106$64
40 years$733$462$281$166$97$57
41 years$707$439$263$154$88$51
42 years$682$419$247$142$79$45
43 years$659$399$232$131$72$40
44 years$637$380$218$121$65$36
45 years$616$362$204$112$59$32
46 years$595$346$192$103$54$29
47 years$576$330$180$95$49$26
48 years$558$315$169$88$45$23
49 years$540$301$159$81$40$21
50 years$523$287$150$75$37$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $536,000, adding $5,936 every year, while hoping to spend $31,292 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: 24/46/30 Blend
72$536,000$536,000$536,000$536,000
73$596,795$568,387$560,079$605,413
74$624,374$562,944$545,547$607,824
75$653,717$556,185$529,480$607,401
76$684,971$548,013$511,792$606,302
77$718,297$538,324$492,396$604,491
78$753,871$527,010$471,200$601,934
79$791,887$513,954$448,106$598,596
80$832,555$499,034$423,013$594,442
81$876,108$482,120$395,817$589,439
82$922,801$463,073$366,407$583,553
83$972,912$441,749$334,667$576,753
84$1,026,749$417,994$300,477$569,007
85$1,084,646$391,645$263,712$560,288
86$1,146,974$362,529$224,240$550,569
87$1,214,137$330,466$181,925$539,827
88$1,286,582$295,261$136,622$528,043
89$1,364,797$256,712$88,182$515,202
90$1,449,320$214,605$36,450$501,294
91$1,540,741$168,711$0$486,315
92$1,639,711$118,792$0$476,273
93$1,746,943$64,594$0$478,017
94$1,863,221$5,850$0$479,946
95$1,989,410$0$0$482,151
96$2,126,459$0$0$513,956
97$2,275,412$0$0$551,825
98$2,437,418$0$0$593,098
99$2,613,740$0$0$638,108
100$2,805,771$0$0$687,221