Can I retire at age 52 with 710,000?

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 $710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$58,631$58,109$57,599$57,102$56,616$54,760
2 years$29,025$28,485$27,961$27,453$26,960$25,108
3 years$19,158$18,615$18,093$17,589$17,105$15,314
4 years$14,225$13,684$13,167$12,672$12,199$10,484
5 years$11,266$10,728$10,218$9,733$9,274$7,639
6 years$9,295$8,761$8,258$7,784$7,338$5,785
7 years$7,887$7,357$6,862$6,400$5,968$4,496
8 years$6,831$6,306$5,820$5,368$4,951$3,560
9 years$6,011$5,491$5,012$4,573$4,169$2,857
10 years$5,355$4,840$4,370$3,942$3,552$2,317
11 years$4,818$4,309$3,847$3,430$3,055$1,894
12 years$4,372$3,867$3,414$3,009$2,648$1,558
13 years$3,994$3,495$3,050$2,656$2,309$1,288
14 years$3,670$3,177$2,741$2,358$2,024$1,069
15 years$3,390$2,902$2,475$2,103$1,782$891
16 years$3,146$2,663$2,244$1,883$1,575$744
17 years$2,930$2,452$2,042$1,692$1,396$623
18 years$2,738$2,266$1,864$1,525$1,242$522
19 years$2,567$2,100$1,706$1,378$1,107$439
20 years$2,413$1,951$1,566$1,248$989$369
21 years$2,274$1,818$1,440$1,132$885$311
22 years$2,148$1,697$1,327$1,030$793$262
23 years$2,033$1,587$1,226$938$712$221
24 years$1,927$1,487$1,133$855$640$186
25 years$1,830$1,395$1,050$781$576$157
26 years$1,741$1,311$974$714$519$133
27 years$1,659$1,234$904$654$468$112
28 years$1,582$1,163$841$599$422$95
29 years$1,511$1,097$782$549$381$80
30 years$1,445$1,036$729$504$344$68
31 years$1,383$979$679$463$311$57
32 years$1,326$927$634$425$281$49
33 years$1,272$878$592$391$255$41
34 years$1,221$832$553$360$231$35
35 years$1,173$789$517$331$209$29
36 years$1,128$749$484$305$189$25
37 years$1,085$711$453$281$172$21
38 years$1,045$676$424$259$156$18
39 years$1,007$643$397$239$141$15
40 years$971$612$372$220$128$13
41 years$936$582$349$203$116$11
42 years$904$554$327$188$105$9
43 years$873$528$307$173$96$8
44 years$844$503$288$160$87$7
45 years$816$480$271$148$79$6
46 years$789$458$254$136$72$5
47 years$763$437$239$126$65$4
48 years$739$417$225$117$59$3
49 years$716$398$211$108$54$3
50 years$693$381$198$100$49$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $710,000, adding $3,245 every year, while hoping to spend $39,960 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: 63/16/21 Blend
51$710,000$710,000$710,000$710,000
52$785,767$748,137$737,132$830,813
53$823,398$742,279$719,309$855,716
54$863,529$734,794$699,549$878,138
55$906,371$725,561$677,746$901,710
56$952,157$714,451$653,788$926,546
57$1,001,145$701,326$627,557$952,776
58$1,053,613$686,042$598,931$980,544
59$1,109,868$668,445$567,783$1,010,010
60$1,170,249$648,373$533,977$1,041,352
61$1,235,124$625,653$497,375$1,074,767
62$1,304,900$600,103$457,831$1,110,474
63$1,380,023$571,531$415,191$1,148,719
64$1,460,982$539,733$369,297$1,189,773
65$1,548,315$504,493$319,981$1,233,936
66$1,642,612$465,583$267,070$1,281,542
67$1,744,524$422,762$210,382$1,332,964
68$1,854,763$375,775$149,728$1,388,612
69$1,974,115$324,353$84,909$1,448,943
70$2,103,440$268,212$15,719$1,514,463
71$2,243,687$207,051$0$1,585,733
72$2,395,899$140,552$0$1,676,398
73$2,561,222$68,380$0$1,778,729
74$2,740,918$0$0$1,890,016
75$2,936,374$0$0$2,012,889
76$3,149,117$0$0$2,159,777
77$3,380,826$0$0$2,319,808
78$3,633,350$0$0$2,494,264
79$3,908,724$0$0$2,684,556
80$4,209,187$0$0$2,892,238
81$4,537,202$0$0$3,119,020
82$4,895,483$0$0$3,366,784
83$5,287,017$0$0$3,637,604
84$5,715,091$0$0$3,933,761
85$6,183,326$0$0$4,257,767
86$6,695,708$0$0$4,612,388
87$7,256,626$0$0$5,000,671
88$7,870,913$0$0$5,425,971
89$8,543,892$0$0$5,891,981
90$9,281,424$0$0$6,402,769
91$10,089,966$0$0$6,962,817
92$10,976,626$0$0$7,577,060
93$11,949,237$0$0$8,250,932
94$13,016,423$0$0$8,990,420
95$14,187,685$0$0$9,802,121
96$15,473,490$0$0$10,693,297
97$16,885,364$0$0$11,671,951
98$18,436,007$0$0$12,746,897
99$20,139,408$0$0$13,927,848
100$22,010,978$0$0$15,225,499