Can I retire at age 72 with 827,000?

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 $827,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$68,293$67,685$67,091$66,512$65,946$65,503
2 years$33,808$33,179$32,568$31,977$31,403$30,956
3 years$22,315$21,683$21,074$20,488$19,923$19,487
4 years$16,569$15,939$15,336$14,760$14,209$13,786
5 years$13,123$12,496$11,902$11,337$10,802$10,393
6 years$10,826$10,204$9,618$9,067$8,547$8,154
7 years$9,186$8,570$7,993$7,454$6,951$6,573
8 years$7,957$7,346$6,779$6,253$5,767$5,404
9 years$7,001$6,396$5,838$5,326$4,856$4,509
10 years$6,237$5,638$5,090$4,591$4,138$3,805
11 years$5,612$5,019$4,481$3,996$3,559$3,241
12 years$5,092$4,505$3,977$3,505$3,084$2,781
13 years$4,652$4,071$3,553$3,094$2,689$2,401
14 years$4,275$3,700$3,193$2,747$2,357$2,083
15 years$3,949$3,380$2,882$2,450$2,076$1,815
16 years$3,664$3,101$2,613$2,193$1,834$1,587
17 years$3,413$2,856$2,378$1,971$1,627$1,391
18 years$3,189$2,639$2,171$1,776$1,446$1,224
19 years$2,990$2,446$1,987$1,605$1,289$1,078
20 years$2,811$2,273$1,824$1,453$1,151$952
21 years$2,649$2,117$1,678$1,319$1,030$842
22 years$2,502$1,976$1,546$1,199$924$746
23 years$2,368$1,848$1,428$1,092$829$662
24 years$2,245$1,732$1,320$996$745$588
25 years$2,132$1,625$1,223$910$671$522
26 years$2,028$1,527$1,134$832$604$465
27 years$1,932$1,438$1,053$761$545$414
28 years$1,843$1,355$979$698$491$369
29 years$1,760$1,278$911$640$444$329
30 years$1,683$1,207$849$587$401$293
31 years$1,611$1,141$791$539$362$262
32 years$1,544$1,079$738$496$328$234
33 years$1,481$1,022$689$456$297$209
34 years$1,422$969$644$419$269$186
35 years$1,366$919$602$386$243$167
36 years$1,313$872$563$355$220$149
37 years$1,264$828$527$328$200$133
38 years$1,217$787$494$302$181$119
39 years$1,173$749$463$278$164$107
40 years$1,131$712$434$257$149$95
41 years$1,091$678$406$237$135$85
42 years$1,053$646$381$219$123$76
43 years$1,017$615$358$202$111$68
44 years$983$586$336$186$101$61
45 years$950$559$315$172$92$55
46 years$919$533$296$159$83$49
47 years$889$509$278$147$76$44
48 years$861$486$261$136$69$39
49 years$833$464$246$125$62$35
50 years$807$443$231$116$57$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 72 starting with $827,000, adding $4,630 every year, while hoping to spend $30,847 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: 56/26/18 Blend
71$827,000$827,000$827,000$827,000
72$916,130$872,299$859,480$962,800
73$976,754$882,221$855,452$1,005,022
74$1,042,528$891,594$850,255$1,047,281
75$1,113,945$900,361$843,817$1,092,628
76$1,191,546$908,458$836,064$1,141,366
77$1,275,928$915,816$826,916$1,193,831
78$1,367,746$922,365$816,291$1,250,392
79$1,467,722$928,027$804,103$1,311,459
80$1,576,651$932,722$790,262$1,377,481
81$1,695,406$936,361$774,672$1,448,957
82$1,824,949$938,855$757,235$1,526,437
83$1,966,339$940,103$737,847$1,610,529
84$2,120,740$940,003$716,400$1,701,903
85$2,289,436$938,444$692,780$1,801,300
86$2,473,840$935,309$666,869$1,909,537
87$2,675,505$930,473$638,543$2,027,518
88$2,896,144$923,803$607,672$2,156,238
89$3,137,642$915,161$574,120$2,296,797
90$3,402,074$904,397$537,746$2,450,410
91$3,691,727$891,354$498,402$2,618,417
92$4,009,118$875,865$455,933$2,802,298
93$4,357,020$857,753$410,178$3,003,684
94$4,738,484$836,832$360,968$3,224,379
95$5,156,875$812,902$308,126$3,466,370
96$5,615,897$785,755$251,468$3,731,853
97$6,119,628$755,167$190,803$4,023,248
98$6,672,565$720,904$125,929$4,343,227
99$7,279,655$682,718$56,636$4,694,740
100$7,946,354$640,344$0$5,081,039