Can I retire at age 73 with 737,000?

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 $737,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$60,861$60,319$59,790$59,274$58,769$58,473
2 years$30,129$29,568$29,024$28,497$27,985$27,686
3 years$19,887$19,323$18,781$18,258$17,755$17,462
4 years$14,766$14,204$13,667$13,154$12,663$12,379
5 years$11,695$11,136$10,606$10,104$9,626$9,352
6 years$9,648$9,094$8,572$8,080$7,617$7,352
7 years$8,187$7,637$7,123$6,643$6,195$5,940
8 years$7,091$6,546$6,041$5,573$5,139$4,895
9 years$6,239$5,700$5,203$4,747$4,328$4,094
10 years$5,558$5,024$4,536$4,092$3,688$3,463
11 years$5,001$4,473$3,994$3,561$3,171$2,957
12 years$4,538$4,014$3,544$3,123$2,748$2,543
13 years$4,146$3,628$3,166$2,758$2,397$2,201
14 years$3,810$3,298$2,845$2,448$2,101$1,915
15 years$3,519$3,012$2,569$2,183$1,850$1,673
16 years$3,265$2,764$2,329$1,955$1,635$1,466
17 years$3,041$2,545$2,119$1,756$1,449$1,290
18 years$2,842$2,352$1,935$1,583$1,289$1,137
19 years$2,665$2,180$1,771$1,430$1,149$1,005
20 years$2,505$2,026$1,625$1,295$1,026$890
21 years$2,360$1,887$1,495$1,176$918$790
22 years$2,229$1,761$1,378$1,069$823$702
23 years$2,110$1,647$1,272$973$739$624
24 years$2,001$1,543$1,177$888$664$556
25 years$1,900$1,448$1,090$811$598$496
26 years$1,808$1,361$1,011$741$538$442
27 years$1,722$1,281$939$679$485$395
28 years$1,643$1,207$872$622$438$353
29 years$1,569$1,139$812$570$395$316
30 years$1,500$1,075$756$523$357$283
31 years$1,436$1,017$705$481$323$253
32 years$1,376$962$658$442$292$227
33 years$1,320$911$614$406$264$203
34 years$1,267$863$574$374$239$182
35 years$1,217$819$537$344$217$163
36 years$1,171$777$502$317$196$147
37 years$1,126$738$470$292$178$132
38 years$1,085$702$440$269$161$118
39 years$1,045$667$412$248$146$106
40 years$1,008$635$386$229$133$95
41 years$972$604$362$211$120$85
42 years$938$575$340$195$109$77
43 years$906$548$319$180$99$69
44 years$876$523$299$166$90$62
45 years$847$498$281$153$82$56
46 years$819$475$264$142$74$50
47 years$792$454$248$131$67$45
48 years$767$433$233$121$61$40
49 years$743$414$219$112$56$36
50 years$720$395$206$103$50$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $737,000, adding $3,149 every year, while hoping to spend $33,045 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: 42/43/15 Blend
72$737,000$737,000$737,000$737,000
73$815,422$776,361$764,938$845,964
74$863,436$779,243$755,403$870,656
75$915,239$781,159$744,442$893,874
76$971,184$782,026$731,972$918,304
77$1,031,656$781,758$717,905$944,073
78$1,097,082$780,260$702,151$971,320
79$1,167,927$777,436$684,616$1,000,204
80$1,244,705$773,179$665,200$1,030,899
81$1,327,980$767,381$643,799$1,063,601
82$1,418,373$759,921$620,306$1,098,527
83$1,516,567$750,678$594,606$1,135,919
84$1,623,313$739,516$566,581$1,176,047
85$1,739,437$726,298$536,107$1,219,211
86$1,865,847$710,875$503,054$1,265,745
87$2,003,544$693,088$467,287$1,316,020
88$2,153,629$672,773$428,665$1,370,448
89$2,317,312$649,752$387,039$1,429,489
90$2,495,928$623,840$342,254$1,493,650
91$2,690,944$594,839$294,151$1,563,498
92$2,903,975$562,541$242,559$1,639,659
93$3,136,799$526,724$187,304$1,722,831
94$3,391,375$487,156$128,201$1,813,787
95$3,669,858$443,590$65,059$1,913,382
96$3,974,622$395,764$0$2,022,567
97$4,308,281$343,404$0$2,142,767
98$4,673,713$286,219$0$2,285,914
99$5,074,088$223,899$0$2,442,913
100$5,512,896$156,122$0$2,615,231