Can I retire at age 73 with 664,000?

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 $664,000?

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%
1 years$54,832$54,344$53,868$53,402$52,948$52,265
2 years$27,145$26,639$26,149$25,674$25,213$24,526
3 years$17,917$17,409$16,920$16,450$15,996$15,326
4 years$13,304$12,797$12,314$11,851$11,409$10,761
5 years$10,537$10,033$9,556$9,103$8,673$8,049
6 years$8,692$8,193$7,723$7,280$6,862$6,264
7 years$7,376$6,880$6,418$5,985$5,581$5,008
8 years$6,389$5,898$5,443$5,021$4,630$4,082
9 years$5,621$5,135$4,688$4,276$3,899$3,376
10 years$5,008$4,526$4,087$3,686$3,322$2,824
11 years$4,506$4,030$3,598$3,208$2,857$2,383
12 years$4,088$3,617$3,193$2,814$2,476$2,025
13 years$3,735$3,268$2,853$2,484$2,159$1,731
14 years$3,433$2,971$2,563$2,205$1,893$1,487
15 years$3,171$2,714$2,314$1,967$1,666$1,283
16 years$2,942$2,490$2,098$1,761$1,473$1,110
17 years$2,740$2,293$1,909$1,582$1,306$963
18 years$2,561$2,119$1,743$1,426$1,161$838
19 years$2,401$1,964$1,596$1,288$1,035$731
20 years$2,257$1,825$1,464$1,167$924$638
21 years$2,127$1,700$1,347$1,059$827$558
22 years$2,009$1,587$1,241$963$742$489
23 years$1,901$1,484$1,146$877$666$429
24 years$1,802$1,390$1,060$800$598$376
25 years$1,712$1,305$982$730$538$331
26 years$1,628$1,226$911$668$485$291
27 years$1,551$1,154$846$611$437$256
28 years$1,480$1,088$786$560$395$225
29 years$1,413$1,026$732$514$356$198
30 years$1,352$969$681$471$322$175
31 years$1,294$916$635$433$291$154
32 years$1,240$867$593$398$263$136
33 years$1,189$821$553$366$238$120
34 years$1,142$778$517$337$216$106
35 years$1,097$738$483$310$195$93
36 years$1,055$700$452$285$177$82
37 years$1,015$665$423$263$160$73
38 years$977$632$396$242$145$64
39 years$942$601$371$223$132$57
40 years$908$572$348$206$120$50
41 years$876$544$326$190$109$44
42 years$845$518$306$176$98$39
43 years$816$494$287$162$89$35
44 years$789$471$270$150$81$31
45 years$763$449$253$138$74$27
46 years$738$428$238$128$67$24
47 years$714$409$223$118$61$21
48 years$691$390$210$109$55$19
49 years$669$373$197$101$50$16
50 years$648$356$186$93$45$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $664,000, adding $5,175 every year, while hoping to spend $20,398 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: 32/44/24 Blend
72$664,000$664,000$664,000$664,000
73$737,066$701,874$691,582$755,084
74$790,543$714,563$693,047$781,845
75$848,792$727,189$693,877$808,462
76$912,277$739,729$694,030$836,719
77$981,509$752,156$693,460$866,773
78$1,057,053$764,442$692,121$898,798
79$1,139,529$776,556$689,963$932,987
80$1,229,619$788,465$686,935$969,551
81$1,328,074$800,134$682,981$1,008,727
82$1,435,723$811,526$678,046$1,050,775
83$1,553,475$822,599$672,070$1,095,982
84$1,682,334$833,312$664,989$1,144,668
85$1,823,405$843,617$656,739$1,197,183
86$1,977,904$853,465$647,251$1,253,917
87$2,147,169$862,804$636,453$1,315,301
88$2,332,677$871,578$624,270$1,381,810
89$2,536,050$879,726$610,624$1,453,969
90$2,759,080$887,184$595,432$1,532,360
91$3,003,735$893,886$578,608$1,617,626
92$3,272,187$899,757$560,062$1,710,474
93$3,566,826$904,721$539,701$1,811,691
94$3,890,286$908,696$517,424$1,922,142
95$4,245,468$911,595$493,131$2,042,785
96$4,635,567$913,324$466,712$2,174,676
97$5,064,103$913,786$438,055$2,318,984
98$5,534,955$912,875$407,044$2,477,000
99$6,052,395$910,480$373,554$2,650,147
100$6,621,130$906,484$337,458$2,840,000