Can I retire at age 73 with 818,000?

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 $818,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$67,550$66,948$66,361$65,788$65,228$63,216
2 years$33,440$32,818$32,214$31,629$31,061$29,052
3 years$22,072$21,447$20,845$20,265$19,706$17,763
4 years$16,389$15,766$15,170$14,600$14,055$12,191
5 years$12,980$12,360$11,772$11,214$10,684$8,906
6 years$10,708$10,093$9,514$8,968$8,454$6,763
7 years$9,086$8,476$7,906$7,373$6,875$5,271
8 years$7,870$7,266$6,705$6,185$5,704$4,186
9 years$6,925$6,326$5,775$5,268$4,803$3,370
10 years$6,169$5,576$5,035$4,541$4,093$2,741
11 years$5,551$4,964$4,432$3,952$3,520$2,248
12 years$5,036$4,456$3,934$3,467$3,050$1,855
13 years$4,601$4,027$3,514$3,061$2,660$1,539
14 years$4,229$3,660$3,158$2,717$2,332$1,282
15 years$3,906$3,343$2,851$2,423$2,053$1,072
16 years$3,624$3,068$2,585$2,169$1,814$899
17 years$3,375$2,825$2,352$1,949$1,609$755
18 years$3,155$2,611$2,147$1,757$1,430$636
19 years$2,957$2,419$1,966$1,587$1,275$536
20 years$2,780$2,248$1,804$1,438$1,139$452
21 years$2,620$2,094$1,659$1,305$1,019$382
22 years$2,474$1,955$1,529$1,186$914$323
23 years$2,342$1,828$1,412$1,080$820$274
24 years$2,220$1,713$1,306$985$737$232
25 years$2,109$1,608$1,210$900$663$197
26 years$2,006$1,511$1,122$823$597$167
27 years$1,911$1,422$1,042$753$539$142
28 years$1,823$1,340$968$690$486$120
29 years$1,741$1,264$901$633$439$102
30 years$1,665$1,194$839$581$397$87
31 years$1,594$1,128$783$533$359$74
32 years$1,527$1,068$730$490$324$62
33 years$1,465$1,011$682$451$293$53
34 years$1,406$958$637$415$266$45
35 years$1,351$909$596$382$241$38
36 years$1,299$863$557$352$218$33
37 years$1,250$819$521$324$198$28
38 years$1,204$779$488$299$179$24
39 years$1,160$741$457$275$162$20
40 years$1,118$705$429$254$147$17
41 years$1,079$671$402$234$134$14
42 years$1,041$639$377$216$121$12
43 years$1,006$609$354$200$110$10
44 years$972$580$332$184$100$9
45 years$940$553$312$170$91$8
46 years$909$528$293$157$82$6
47 years$879$504$275$145$75$5
48 years$851$481$259$134$68$5
49 years$824$459$243$124$62$4
50 years$799$439$229$115$56$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $818,000, adding $5,006 every year, while hoping to spend $44,063 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: 42/29/29 Blend
72$818,000$818,000$818,000$818,000
73$906,600$863,246$850,567$936,801
74$952,190$858,662$832,178$954,472
75$1,000,954$852,377$811,696$969,090
76$1,053,169$844,261$789,005$984,088
77$1,109,138$834,175$763,983$999,530
78$1,169,195$821,975$736,502$1,015,487
79$1,233,706$807,505$706,428$1,032,042
80$1,303,072$790,601$673,622$1,049,288
81$1,377,736$771,091$637,938$1,067,333
82$1,458,180$748,789$599,224$1,086,301
83$1,544,936$723,502$557,320$1,106,330
84$1,638,590$695,024$512,060$1,127,578
85$1,739,782$663,136$463,270$1,150,225
86$1,849,219$627,608$410,769$1,174,472
87$1,967,675$588,198$354,366$1,200,548
88$2,096,005$544,645$293,863$1,228,709
89$2,235,143$496,679$229,054$1,259,244
90$2,386,123$444,011$159,722$1,292,478
91$2,550,076$386,337$85,642$1,328,776
92$2,728,251$323,335$6,578$1,368,547
93$2,922,019$254,664$0$1,412,249
94$3,132,889$179,967$0$1,484,466
95$3,362,521$98,863$0$1,565,437
96$3,612,744$10,953$0$1,653,847
97$3,885,567$0$0$1,750,498
98$4,183,205$0$0$1,883,142
99$4,508,093$0$0$2,031,843
100$4,862,913$0$0$2,194,346