Can I retire at age 72 with 786,000?

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 $786,000?

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$64,907$64,329$63,765$63,214$62,677$62,204
2 years$32,132$31,534$30,954$30,392$29,846$29,369
3 years$21,209$20,608$20,029$19,472$18,936$18,469
4 years$15,748$15,149$14,576$14,029$13,505$13,053
5 years$12,472$11,877$11,312$10,775$10,266$9,830
6 years$10,289$9,698$9,142$8,617$8,123$7,704
7 years$8,731$8,145$7,597$7,085$6,606$6,204
8 years$7,562$6,981$6,443$5,943$5,481$5,094
9 years$6,654$6,079$5,549$5,062$4,616$4,246
10 years$5,928$5,358$4,838$4,364$3,933$3,579
11 years$5,334$4,770$4,259$3,798$3,382$3,045
12 years$4,839$4,281$3,780$3,331$2,931$2,609
13 years$4,421$3,869$3,377$2,941$2,556$2,249
14 years$4,063$3,517$3,034$2,611$2,240$1,949
15 years$3,753$3,213$2,740$2,328$1,973$1,696
16 years$3,482$2,948$2,484$2,085$1,743$1,481
17 years$3,243$2,715$2,260$1,873$1,546$1,297
18 years$3,031$2,508$2,063$1,688$1,375$1,139
19 years$2,842$2,325$1,889$1,525$1,225$1,002
20 years$2,671$2,160$1,733$1,381$1,094$884
21 years$2,517$2,012$1,594$1,254$979$780
22 years$2,378$1,878$1,469$1,140$878$690
23 years$2,250$1,757$1,357$1,038$788$611
24 years$2,134$1,646$1,255$947$708$542
25 years$2,026$1,545$1,162$865$637$481
26 years$1,928$1,452$1,078$791$574$427
27 years$1,836$1,366$1,001$724$518$380
28 years$1,752$1,287$930$663$467$338
29 years$1,673$1,215$866$608$422$301
30 years$1,600$1,147$807$558$381$268
31 years$1,532$1,084$752$512$344$239
32 years$1,468$1,026$702$471$312$213
33 years$1,408$972$655$433$282$190
34 years$1,351$921$612$399$255$169
35 years$1,298$873$572$367$231$151
36 years$1,248$829$535$338$210$135
37 years$1,201$787$501$311$190$120
38 years$1,157$748$469$287$172$107
39 years$1,115$712$440$265$156$96
40 years$1,075$677$412$244$142$86
41 years$1,037$644$386$225$128$77
42 years$1,001$614$362$208$117$68
43 years$966$585$340$192$106$61
44 years$934$557$319$177$96$55
45 years$903$532$300$164$87$49
46 years$873$507$282$151$79$44
47 years$845$484$264$140$72$39
48 years$818$462$249$129$65$35
49 years$792$441$234$119$59$31
50 years$767$421$220$110$54$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $786,000, adding $2,556 every year, while hoping to spend $59,120 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: 72/13/15 Blend
71$786,000$786,000$786,000$786,000
72$868,809$827,151$814,968$928,263
73$894,524$804,778$779,366$945,656
74$920,881$779,327$740,590$957,255
75$947,882$750,586$698,471$968,403
76$975,529$718,327$652,833$979,044
77$1,003,821$682,314$603,491$989,117
78$1,032,757$642,293$550,254$998,555
79$1,062,329$597,997$492,919$1,007,286
80$1,092,532$549,144$431,277$1,015,234
81$1,123,353$495,435$365,107$1,022,316
82$1,154,779$436,554$294,182$1,028,441
83$1,186,790$372,170$218,261$1,033,512
84$1,219,365$301,928$137,095$1,037,426
85$1,252,475$225,458$50,423$1,040,069
86$1,286,088$142,365$0$1,041,319
87$1,320,164$52,236$0$1,047,778
88$1,354,657$0$0$1,061,621
89$1,389,512$0$0$1,081,153
90$1,424,669$0$0$1,108,376
91$1,460,055$0$0$1,135,758
92$1,495,587$0$0$1,163,236
93$1,531,171$0$0$1,190,732
94$1,566,701$0$0$1,218,162
95$1,602,054$0$0$1,245,427
96$1,637,093$0$0$1,272,419
97$1,671,662$0$0$1,299,012
98$1,705,586$0$0$1,325,067
99$1,738,669$0$0$1,350,427
100$1,770,687$0$0$1,374,916