Can I retire at age 73 with 936,000?

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 $936,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$77,294$76,606$75,934$75,278$74,638$74,292
2 years$38,264$37,552$36,861$36,191$35,542$35,193
3 years$25,256$24,540$23,852$23,188$22,549$22,208
4 years$18,753$18,040$17,358$16,706$16,082$15,751
5 years$14,853$14,143$13,470$12,832$12,226$11,905
6 years$12,253$11,549$10,886$10,262$9,674$9,365
7 years$10,397$9,699$9,046$8,437$7,867$7,570
8 years$9,006$8,314$7,672$7,077$6,527$6,242
9 years$7,924$7,239$6,608$6,028$5,496$5,223
10 years$7,059$6,381$5,761$5,196$4,683$4,421
11 years$6,352$5,680$5,072$4,522$4,028$3,777
12 years$5,763$5,098$4,501$3,967$3,490$3,251
13 years$5,265$4,607$4,021$3,502$3,044$2,815
14 years$4,839$4,188$3,613$3,109$2,668$2,451
15 years$4,470$3,826$3,262$2,772$2,349$2,142
16 years$4,147$3,510$2,958$2,482$2,076$1,879
17 years$3,862$3,233$2,691$2,230$1,841$1,654
18 years$3,610$2,987$2,457$2,010$1,637$1,459
19 years$3,384$2,768$2,249$1,816$1,459$1,291
20 years$3,181$2,573$2,064$1,645$1,303$1,144
21 years$2,998$2,396$1,899$1,493$1,166$1,016
22 years$2,831$2,237$1,750$1,357$1,045$903
23 years$2,680$2,092$1,616$1,236$938$804
24 years$2,541$1,960$1,494$1,128$843$717
25 years$2,413$1,839$1,384$1,030$759$640
26 years$2,296$1,729$1,284$942$684$571
27 years$2,187$1,627$1,192$862$616$511
28 years$2,086$1,533$1,108$790$556$457
29 years$1,993$1,446$1,031$724$502$409
30 years$1,905$1,366$960$665$454$366
31 years$1,824$1,291$895$610$410$328
32 years$1,748$1,222$835$561$371$294
33 years$1,676$1,157$780$516$336$264
34 years$1,609$1,097$729$475$304$237
35 years$1,546$1,040$681$437$275$212
36 years$1,487$987$637$402$250$191
37 years$1,430$938$597$371$226$171
38 years$1,377$891$559$342$205$154
39 years$1,327$847$523$315$186$138
40 years$1,280$806$491$291$169$124
41 years$1,235$767$460$268$153$112
42 years$1,192$731$432$247$139$100
43 years$1,151$696$405$228$126$90
44 years$1,112$664$380$211$114$81
45 years$1,075$633$357$195$104$73
46 years$1,040$604$335$180$94$66
47 years$1,006$576$315$166$86$59
48 years$974$550$296$154$78$53
49 years$943$525$278$142$71$48
50 years$914$502$262$131$64$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 73 starting with $936,000, adding $3,919 every year, while hoping to spend $25,853 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: 43/33/24 Blend
72$936,000$936,000$936,000$936,000
73$1,035,514$985,906$971,398$1,072,651
74$1,113,630$1,006,708$976,433$1,120,264
75$1,198,846$1,027,663$980,770$1,169,033
76$1,291,860$1,048,751$984,358$1,221,360
77$1,393,441$1,069,950$987,144$1,277,587
78$1,504,431$1,091,237$989,073$1,338,093
79$1,625,762$1,112,587$990,085$1,403,295
80$1,758,456$1,133,970$990,120$1,473,653
81$1,903,641$1,155,358$989,112$1,549,675
82$2,062,559$1,176,716$986,994$1,631,922
83$2,236,576$1,198,011$983,694$1,721,010
84$2,427,197$1,219,205$979,138$1,817,622
85$2,636,081$1,240,254$973,248$1,922,510
86$2,865,051$1,261,117$965,942$2,036,503
87$3,116,119$1,281,745$957,134$2,160,516
88$3,391,499$1,302,086$946,734$2,295,558
89$3,693,631$1,322,087$934,648$2,442,743
90$4,025,200$1,341,688$920,778$2,603,299
91$4,389,166$1,360,827$905,020$2,778,581
92$4,788,789$1,379,435$887,265$2,970,084
93$5,227,659$1,397,441$867,402$3,179,456
94$5,709,731$1,414,767$845,311$3,408,516
95$6,239,364$1,431,330$820,870$3,659,269
96$6,821,357$1,447,044$793,947$3,933,927
97$7,461,000$1,461,813$764,408$4,234,930
98$8,164,117$1,475,537$732,112$4,564,970
99$8,937,129$1,488,110$696,909$4,927,014
100$9,787,107$1,499,418$658,646$5,324,336