Can I retire at age 73 with 778,000?

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 $778,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$64,247$63,674$63,116$62,571$62,039$61,162
2 years$31,805$31,213$30,639$30,082$29,542$28,661
3 years$20,993$20,398$19,825$19,274$18,743$17,884
4 years$15,588$14,995$14,428$13,886$13,368$12,538
5 years$12,346$11,756$11,197$10,666$10,162$9,364
6 years$10,185$9,600$9,048$8,529$8,041$7,275
7 years$8,642$8,062$7,519$7,012$6,539$5,806
8 years$7,485$6,910$6,377$5,883$5,425$4,725
9 years$6,586$6,017$5,492$5,011$4,569$3,901
10 years$5,867$5,303$4,788$4,319$3,893$3,257
11 years$5,280$4,721$4,216$3,759$3,348$2,743
12 years$4,790$4,238$3,741$3,297$2,901$2,327
13 years$4,376$3,830$3,343$2,911$2,530$1,985
14 years$4,022$3,481$3,003$2,584$2,218$1,702
15 years$3,715$3,180$2,712$2,304$1,953$1,465
16 years$3,447$2,918$2,458$2,063$1,726$1,265
17 years$3,210$2,687$2,237$1,854$1,530$1,096
18 years$3,000$2,483$2,042$1,671$1,361$951
19 years$2,813$2,301$1,870$1,510$1,213$827
20 years$2,644$2,138$1,716$1,367$1,083$721
21 years$2,492$1,992$1,578$1,241$969$629
22 years$2,353$1,859$1,455$1,128$869$550
23 years$2,227$1,739$1,343$1,028$780$481
24 years$2,112$1,629$1,242$937$701$421
25 years$2,006$1,529$1,150$856$631$369
26 years$1,908$1,437$1,067$783$568$324
27 years$1,818$1,352$991$716$512$284
28 years$1,734$1,274$921$656$462$250
29 years$1,656$1,202$857$602$417$219
30 years$1,584$1,135$798$552$377$193
31 years$1,516$1,073$744$507$341$170
32 years$1,453$1,016$694$466$308$149
33 years$1,393$962$648$429$279$131
34 years$1,338$911$606$394$253$116
35 years$1,285$865$566$363$229$102
36 years$1,236$821$530$334$207$90
37 years$1,189$779$496$308$188$79
38 years$1,145$741$464$284$170$69
39 years$1,103$704$435$262$155$61
40 years$1,064$670$408$242$140$54
41 years$1,026$638$382$223$127$48
42 years$991$607$359$206$115$42
43 years$957$579$337$190$105$37
44 years$924$552$316$175$95$33
45 years$894$526$297$162$86$29
46 years$864$502$279$150$78$25
47 years$836$479$262$138$71$22
48 years$810$457$246$128$65$20
49 years$784$437$231$118$59$17
50 years$760$417$217$109$53$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $778,000, adding $4,617 every year, while hoping to spend $53,402 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: 62/30/8 Blend
72$778,000$778,000$778,000$778,000
73$862,118$820,884$808,825$913,856
74$893,235$804,288$779,102$932,401
75$925,736$785,089$746,593$946,021
76$959,706$763,104$711,148$959,530
77$995,236$738,136$672,612$972,916
78$1,032,426$709,981$630,820$986,168
79$1,071,384$678,420$585,603$999,278
80$1,112,224$643,222$536,780$1,012,237
81$1,155,075$604,144$484,166$1,025,040
82$1,200,073$560,927$427,566$1,037,684
83$1,247,367$513,299$366,776$1,050,167
84$1,297,119$460,970$301,583$1,062,492
85$1,349,504$403,638$231,766$1,074,666
86$1,404,716$340,978$157,092$1,086,698
87$1,462,962$272,651$77,320$1,098,606
88$1,524,471$198,298$0$1,110,410
89$1,589,491$117,538$0$1,122,807
90$1,658,293$29,971$0$1,142,252
91$1,731,173$0$0$1,162,207
92$1,808,454$0$0$1,204,154
93$1,890,490$0$0$1,259,214
94$1,977,667$0$0$1,317,755
95$2,070,408$0$0$1,380,065
96$2,169,176$0$0$1,446,460
97$2,274,478$0$0$1,517,284
98$2,386,867$0$0$1,592,916
99$2,506,953$0$0$1,673,770
100$2,635,401$0$0$1,760,300