Can I retire at age 73 with 837,000?

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 $837,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$69,119$68,503$67,902$67,316$66,744$66,240
2 years$34,217$33,580$32,962$32,363$31,783$31,275
3 years$22,585$21,945$21,329$20,736$20,164$19,668
4 years$16,770$16,132$15,522$14,939$14,381$13,900
5 years$13,282$12,648$12,046$11,474$10,932$10,468
6 years$10,957$10,328$9,735$9,176$8,650$8,204
7 years$9,297$8,673$8,090$7,544$7,035$6,606
8 years$8,053$7,434$6,861$6,329$5,836$5,425
9 years$7,086$6,473$5,909$5,391$4,915$4,521
10 years$6,312$5,706$5,152$4,647$4,188$3,811
11 years$5,680$5,079$4,535$4,044$3,602$3,242
12 years$5,153$4,559$4,025$3,547$3,121$2,778
13 years$4,708$4,120$3,596$3,132$2,722$2,395
14 years$4,327$3,745$3,231$2,780$2,386$2,075
15 years$3,997$3,421$2,917$2,479$2,101$1,806
16 years$3,708$3,139$2,645$2,220$1,857$1,577
17 years$3,454$2,891$2,407$1,995$1,646$1,381
18 years$3,228$2,671$2,197$1,797$1,464$1,212
19 years$3,026$2,476$2,011$1,624$1,305$1,067
20 years$2,845$2,300$1,846$1,471$1,165$941
21 years$2,681$2,143$1,698$1,335$1,043$831
22 years$2,532$2,000$1,565$1,214$935$735
23 years$2,396$1,871$1,445$1,105$839$651
24 years$2,272$1,753$1,336$1,008$754$577
25 years$2,158$1,645$1,238$921$679$512
26 years$2,053$1,546$1,148$842$611$455
27 years$1,956$1,455$1,066$771$551$405
28 years$1,865$1,371$991$706$497$360
29 years$1,782$1,293$922$647$449$320
30 years$1,704$1,221$859$594$406$285
31 years$1,631$1,155$801$546$367$254
32 years$1,563$1,093$747$502$332$227
33 years$1,499$1,035$698$461$300$202
34 years$1,439$981$652$424$272$180
35 years$1,383$930$609$391$246$161
36 years$1,329$883$570$360$223$144
37 years$1,279$838$534$331$202$128
38 years$1,232$797$500$306$183$114
39 years$1,187$758$468$282$166$102
40 years$1,144$721$439$260$151$91
41 years$1,104$686$411$240$137$82
42 years$1,066$654$386$221$124$73
43 years$1,029$623$362$204$113$65
44 years$994$594$340$189$102$58
45 years$961$566$319$174$93$52
46 years$930$540$300$161$84$46
47 years$900$515$282$149$77$42
48 years$871$492$265$137$70$37
49 years$844$470$249$127$63$33
50 years$817$449$234$117$57$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $837,000, adding $5,936 every year, while hoping to spend $36,116 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: 43/28/29 Blend
72$837,000$837,000$837,000$837,000
73$928,497$884,136$871,162$960,354
74$984,777$889,032$861,919$988,689
75$1,045,586$892,956$851,156$1,015,512
76$1,111,350$895,825$838,784$1,043,893
77$1,182,533$897,546$824,709$1,073,998
78$1,259,649$898,024$808,834$1,106,012
79$1,343,260$897,154$791,057$1,140,141
80$1,433,987$894,828$771,271$1,176,614
81$1,532,509$890,930$749,364$1,215,687
82$1,639,576$885,337$725,219$1,257,644
83$1,756,013$877,919$698,714$1,302,801
84$1,882,727$868,537$669,721$1,351,508
85$2,020,714$857,045$638,107$1,404,155
86$2,171,074$843,287$603,730$1,461,174
87$2,335,015$827,099$566,446$1,523,048
88$2,513,865$808,306$526,101$1,590,308
89$2,709,090$786,724$482,536$1,663,547
90$2,922,300$762,156$435,584$1,743,420
91$3,155,270$734,397$385,071$1,830,656
92$3,409,951$703,226$330,815$1,926,061
93$3,688,495$668,413$272,626$2,030,528
94$3,993,268$629,712$210,305$2,145,049
95$4,326,877$586,864$143,646$2,270,721
96$4,692,193$539,594$72,433$2,408,757
97$5,092,376$487,613$0$2,560,505
98$5,530,908$430,616$0$2,728,556
99$6,011,621$368,277$0$2,937,444
100$6,538,739$300,255$0$3,166,634