Can I retire at age 72 with 736,000?

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 $736,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$60,778$60,237$59,709$59,193$58,690$58,004
2 years$30,088$29,528$28,985$28,458$27,947$27,258
3 years$19,860$19,297$18,755$18,233$17,731$17,058
4 years$14,746$14,185$13,649$13,136$12,646$11,995
5 years$11,679$11,121$10,592$10,090$9,613$8,987
6 years$9,635$9,081$8,560$8,069$7,607$7,005
7 years$8,175$7,627$7,113$6,634$6,186$5,609
8 years$7,081$6,537$6,033$5,565$5,132$4,580
9 years$6,231$5,692$5,196$4,740$4,322$3,795
10 years$5,551$5,017$4,530$4,086$3,683$3,180
11 years$4,995$4,467$3,988$3,556$3,167$2,688
12 years$4,532$4,009$3,539$3,119$2,745$2,289
13 years$4,140$3,623$3,162$2,754$2,393$1,961
14 years$3,805$3,293$2,841$2,444$2,098$1,688
15 years$3,515$3,008$2,565$2,180$1,847$1,459
16 years$3,261$2,760$2,326$1,952$1,633$1,265
17 years$3,037$2,542$2,116$1,754$1,448$1,100
18 years$2,838$2,349$1,932$1,581$1,287$959
19 years$2,661$2,177$1,769$1,428$1,147$838
20 years$2,501$2,023$1,623$1,293$1,025$734
21 years$2,357$1,884$1,493$1,174$917$643
22 years$2,226$1,759$1,376$1,067$822$565
23 years$2,107$1,645$1,271$972$738$496
24 years$1,998$1,541$1,175$887$663$437
25 years$1,898$1,446$1,088$810$597$384
26 years$1,805$1,359$1,009$740$538$339
27 years$1,720$1,279$937$678$485$299
28 years$1,640$1,206$871$621$437$264
29 years$1,567$1,137$811$569$395$233
30 years$1,498$1,074$755$523$357$206
31 years$1,434$1,015$704$480$323$182
32 years$1,374$961$657$441$292$161
33 years$1,318$910$613$406$264$142
34 years$1,265$862$573$373$239$126
35 years$1,216$818$536$344$217$111
36 years$1,169$776$501$316$196$98
37 years$1,125$737$469$291$178$87
38 years$1,083$701$439$269$161$77
39 years$1,044$666$412$248$146$68
40 years$1,006$634$386$228$133$61
41 years$971$603$362$211$120$54
42 years$937$575$339$195$109$47
43 years$905$548$318$180$99$42
44 years$874$522$299$166$90$37
45 years$845$498$281$153$82$33
46 years$818$475$264$141$74$29
47 years$791$453$248$131$67$26
48 years$766$433$233$121$61$23
49 years$742$413$219$112$56$20
50 years$719$395$206$103$50$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $736,000, adding $5,636 every year, while hoping to spend $40,905 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: 50/21/29 Blend
71$736,000$736,000$736,000$736,000
72$816,886$777,878$766,470$850,772
73$856,685$772,471$748,624$869,665
74$899,174$765,428$728,809$885,684
75$944,582$756,627$706,916$902,303
76$993,162$745,935$682,832$919,601
77$1,045,194$733,215$656,435$937,664
78$1,100,981$718,319$627,603$956,590
79$1,160,857$701,093$596,204$976,489
80$1,225,189$681,371$562,101$997,488
81$1,294,379$658,979$525,153$1,019,726
82$1,368,870$633,734$485,210$1,043,363
83$1,449,147$605,439$442,116$1,068,575
84$1,535,742$573,887$395,709$1,095,562
85$1,629,242$538,862$345,820$1,124,549
86$1,730,289$500,131$292,269$1,155,786
87$1,839,592$457,451$234,874$1,189,553
88$1,957,927$410,563$173,439$1,226,164
89$2,086,150$359,194$107,763$1,265,969
90$2,225,199$303,056$37,635$1,309,360
91$2,376,108$241,845$0$1,356,773
92$2,540,015$175,239$0$1,420,208
93$2,718,168$102,897$0$1,501,869
94$2,911,944$24,462$0$1,590,778
95$3,122,855$0$0$1,687,684
96$3,352,567$0$0$1,807,385
97$3,602,912$0$0$1,944,068
98$3,875,906$0$0$2,093,192
99$4,173,769$0$0$2,255,978
100$4,498,942$0$0$2,433,770