Can I retire at age 72 with 411,000?

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 $411,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$33,940$33,638$33,343$33,055$32,774$32,351
2 years$16,802$16,489$16,186$15,892$15,607$15,181
3 years$11,090$10,776$10,473$10,182$9,901$9,487
4 years$8,235$7,921$7,622$7,336$7,062$6,661
5 years$6,522$6,210$5,915$5,634$5,368$4,982
6 years$5,380$5,071$4,780$4,506$4,248$3,877
7 years$4,565$4,259$3,972$3,705$3,455$3,100
8 years$3,954$3,651$3,369$3,108$2,866$2,527
9 years$3,479$3,179$2,902$2,647$2,413$2,090
10 years$3,100$2,802$2,530$2,282$2,056$1,748
11 years$2,789$2,494$2,227$1,986$1,769$1,475
12 years$2,531$2,239$1,976$1,742$1,533$1,254
13 years$2,312$2,023$1,766$1,538$1,336$1,072
14 years$2,125$1,839$1,587$1,365$1,172$921
15 years$1,963$1,680$1,432$1,217$1,032$794
16 years$1,821$1,541$1,299$1,090$912$687
17 years$1,696$1,419$1,182$979$808$596
18 years$1,585$1,312$1,079$883$719$519
19 years$1,486$1,216$988$798$641$452
20 years$1,397$1,130$906$722$572$395
21 years$1,316$1,052$834$656$512$346
22 years$1,243$982$768$596$459$303
23 years$1,177$919$709$543$412$265
24 years$1,116$861$656$495$370$233
25 years$1,060$808$608$452$333$205
26 years$1,008$759$564$413$300$180
27 years$960$714$523$378$271$158
28 years$916$673$487$347$244$139
29 years$875$635$453$318$221$123
30 years$837$600$422$292$199$108
31 years$801$567$393$268$180$95
32 years$767$536$367$246$163$84
33 years$736$508$343$226$147$74
34 years$707$482$320$208$134$65
35 years$679$457$299$192$121$58
36 years$653$433$280$177$110$51
37 years$628$412$262$163$99$45
38 years$605$391$245$150$90$40
39 years$583$372$230$138$82$35
40 years$562$354$215$128$74$31
41 years$542$337$202$118$67$27
42 years$523$321$190$109$61$24
43 years$505$306$178$100$55$21
44 years$488$291$167$93$50$19
45 years$472$278$157$86$46$17
46 years$457$265$147$79$41$15
47 years$442$253$138$73$38$13
48 years$428$242$130$67$34$12
49 years$414$231$122$62$31$10
50 years$401$220$115$58$28$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $411,000, adding $5,370 every year, while hoping to spend $20,055 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: 59/32/9 Blend
71$411,000$411,000$411,000$411,000
72$458,461$436,678$430,308$484,255
73$483,886$436,737$423,385$502,281
74$511,232$436,127$415,557$519,181
75$540,673$434,793$406,775$537,113
76$572,403$432,679$396,983$556,179
77$606,631$429,723$386,125$576,490
78$643,590$425,862$374,142$598,169
79$683,534$421,027$360,974$621,354
80$726,742$415,145$346,554$646,195
81$773,522$408,140$330,816$672,861
82$824,213$399,930$313,690$701,538
83$879,185$390,429$295,101$732,432
84$938,848$379,546$274,973$765,770
85$1,003,652$367,184$253,225$801,806
86$1,074,089$353,242$229,774$840,819
87$1,150,706$337,610$204,531$883,118
88$1,234,100$320,175$177,404$929,045
89$1,324,930$300,815$148,299$978,979
90$1,423,920$279,403$117,114$1,033,339
91$1,531,869$255,802$83,747$1,092,589
92$1,649,653$229,870$48,086$1,157,241
93$1,778,240$201,456$10,019$1,227,863
94$1,918,693$170,400$0$1,305,080
95$2,072,183$136,533$0$1,392,527
96$2,239,999$99,677$0$1,489,247
97$2,423,561$59,643$0$1,595,137
98$2,624,431$16,232$0$1,711,146
99$2,844,331$0$0$1,838,324
100$3,085,154$0$0$1,988,660