Can I retire at age 73 with 739,000?

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 $739,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$61,026$60,482$59,952$59,434$58,929$58,289
2 years$30,211$29,648$29,103$28,574$28,061$27,417
3 years$19,941$19,375$18,832$18,308$17,803$17,175
4 years$14,806$14,243$13,705$13,190$12,697$12,089
5 years$11,727$11,167$10,635$10,131$9,652$9,067
6 years$9,674$9,118$8,595$8,102$7,638$7,075
7 years$8,209$7,658$7,142$6,661$6,211$5,672
8 years$7,110$6,564$6,057$5,588$5,153$4,636
9 years$6,256$5,715$5,217$4,759$4,340$3,846
10 years$5,573$5,038$4,548$4,103$3,698$3,226
11 years$5,015$4,485$4,004$3,571$3,180$2,731
12 years$4,550$4,025$3,554$3,132$2,756$2,329
13 years$4,157$3,638$3,175$2,765$2,403$1,997
14 years$3,820$3,307$2,853$2,454$2,106$1,721
15 years$3,529$3,021$2,576$2,189$1,855$1,490
16 years$3,274$2,771$2,335$1,960$1,639$1,294
17 years$3,049$2,552$2,125$1,761$1,453$1,127
18 years$2,850$2,358$1,940$1,587$1,292$984
19 years$2,672$2,186$1,776$1,434$1,152$861
20 years$2,512$2,031$1,630$1,299$1,029$755
21 years$2,367$1,892$1,499$1,179$921$662
22 years$2,235$1,766$1,382$1,072$825$582
23 years$2,116$1,652$1,276$976$741$513
24 years$2,006$1,548$1,180$890$666$452
25 years$1,905$1,452$1,093$813$599$399
26 years$1,812$1,365$1,013$743$540$352
27 years$1,727$1,285$941$680$487$311
28 years$1,647$1,210$875$623$439$275
29 years$1,573$1,142$814$572$396$243
30 years$1,504$1,078$758$525$358$215
31 years$1,440$1,019$707$482$324$190
32 years$1,380$965$660$443$293$168
33 years$1,323$913$616$407$265$149
34 years$1,270$866$575$375$240$132
35 years$1,221$821$538$345$217$117
36 years$1,174$779$503$318$197$104
37 years$1,129$740$471$293$179$92
38 years$1,088$704$441$270$162$82
39 years$1,048$669$413$249$147$72
40 years$1,010$636$387$229$133$64
41 years$975$606$363$212$121$57
42 years$941$577$341$195$110$51
43 years$909$550$320$180$99$45
44 years$878$524$300$167$90$40
45 years$849$500$282$154$82$35
46 years$821$477$265$142$74$31
47 years$794$455$249$131$68$28
48 years$769$434$234$121$61$25
49 years$745$415$220$112$56$22
50 years$722$396$206$104$51$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $739,000, adding $3,690 every year, while hoping to spend $39,526 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: 73/16/11 Blend
72$739,000$739,000$739,000$739,000
73$818,184$779,017$767,563$875,880
74$859,584$775,134$751,221$910,618
75$903,881$769,735$733,007$943,390
76$951,330$762,706$712,816$978,204
77$1,002,210$753,922$690,539$1,015,249
78$1,056,825$743,254$666,062$1,054,737
79$1,115,512$730,564$639,265$1,096,900
80$1,178,637$715,705$610,024$1,141,997
81$1,246,606$698,522$578,207$1,190,311
82$1,319,862$678,851$543,679$1,242,157
83$1,398,891$656,519$506,296$1,297,881
84$1,484,231$631,341$465,910$1,357,867
85$1,576,469$603,123$422,364$1,422,537
86$1,676,251$571,659$375,496$1,492,359
87$1,784,290$536,731$325,136$1,567,849
88$1,901,365$498,109$271,106$1,649,578
89$2,028,338$455,549$213,221$1,738,174
90$2,166,152$408,795$151,288$1,834,333
91$2,315,847$357,574$85,104$1,938,823
92$2,478,567$301,598$14,458$2,052,492
93$2,655,569$240,565$0$2,176,274
94$2,848,237$174,153$0$2,318,357
95$3,058,094$102,023$0$2,475,004
96$3,286,816$23,818$0$2,645,805
97$3,536,246$0$0$2,832,180
98$3,808,415$0$0$3,046,406
99$4,105,556$0$0$3,284,899
100$4,430,129$0$0$3,545,443