Can I retire at age 52 with 711,000?

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 $711,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$58,714$58,191$57,680$57,182$56,696$55,574
2 years$29,066$28,525$28,000$27,492$26,998$25,873
3 years$19,185$18,641$18,118$17,614$17,129$16,035
4 years$14,245$13,703$13,185$12,690$12,216$11,162
5 years$11,282$10,744$10,232$9,747$9,287$8,275
6 years$9,308$8,773$8,269$7,795$7,348$6,381
7 years$7,898$7,368$6,872$6,409$5,976$5,053
8 years$6,841$6,315$5,828$5,376$4,958$4,078
9 years$6,019$5,499$5,019$4,579$4,175$3,339
10 years$5,362$4,847$4,376$3,947$3,557$2,764
11 years$4,825$4,315$3,853$3,435$3,060$2,308
12 years$4,378$3,873$3,419$3,013$2,651$1,940
13 years$3,999$3,500$3,055$2,660$2,312$1,640
14 years$3,676$3,181$2,745$2,361$2,027$1,393
15 years$3,395$2,906$2,478$2,106$1,784$1,187
16 years$3,150$2,666$2,247$1,886$1,577$1,015
17 years$2,934$2,456$2,044$1,694$1,398$871
18 years$2,742$2,269$1,866$1,527$1,243$748
19 years$2,571$2,103$1,709$1,380$1,108$644
20 years$2,416$1,954$1,568$1,250$990$555
21 years$2,277$1,820$1,442$1,134$886$480
22 years$2,151$1,699$1,329$1,031$794$415
23 years$2,035$1,589$1,227$939$713$359
24 years$1,930$1,489$1,135$856$641$311
25 years$1,833$1,397$1,051$782$576$270
26 years$1,744$1,313$975$715$519$234
27 years$1,661$1,236$905$655$468$203
28 years$1,585$1,165$842$600$422$176
29 years$1,514$1,099$783$550$381$153
30 years$1,447$1,038$730$505$345$133
31 years$1,385$981$680$464$312$116
32 years$1,328$928$635$426$282$101
33 years$1,273$879$593$392$255$87
34 years$1,222$833$554$360$231$76
35 years$1,174$790$518$332$209$66
36 years$1,129$750$484$306$190$58
37 years$1,087$712$453$282$172$50
38 years$1,046$677$424$260$156$44
39 years$1,008$644$398$239$141$38
40 years$972$612$373$221$128$33
41 years$938$583$349$204$116$29
42 years$905$555$328$188$105$25
43 years$874$529$308$173$96$22
44 years$845$504$289$160$87$19
45 years$817$481$271$148$79$17
46 years$790$459$255$137$72$14
47 years$764$438$239$126$65$13
48 years$740$418$225$117$59$11
49 years$717$399$211$108$54$10
50 years$694$381$199$100$49$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $711,000, adding $3,978 every year, while hoping to spend $25,846 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: 27/48/25 Blend
51$711,000$711,000$711,000$711,000
52$787,625$749,942$738,922$802,636
53$840,463$759,190$736,176$824,182
54$897,824$768,024$732,471$844,792
55$960,143$776,397$727,750$866,384
56$1,027,896$784,259$721,948$889,057
57$1,101,609$791,556$715,001$912,926
58$1,181,860$798,229$706,841$938,114
59$1,269,286$804,218$697,395$964,761
60$1,364,585$809,457$686,590$993,025
61$1,468,529$813,876$674,347$1,023,078
62$1,581,964$817,402$660,584$1,055,115
63$1,705,825$819,955$645,214$1,089,351
64$1,841,139$821,453$628,148$1,126,027
65$1,989,036$821,805$609,292$1,165,410
66$2,150,762$820,917$588,547$1,207,798
67$2,327,687$818,690$565,811$1,253,521
68$2,521,322$815,016$540,976$1,302,948
69$2,733,328$809,783$513,930$1,356,488
70$2,965,535$802,871$484,555$1,414,593
71$3,219,961$794,152$452,728$1,477,769
72$3,498,823$783,492$418,321$1,546,574
73$3,804,569$770,749$381,200$1,621,630
74$4,139,889$755,770$341,225$1,703,627
75$4,507,751$738,395$298,249$1,793,327
76$4,911,420$718,456$252,120$1,891,578
77$5,354,497$695,772$202,677$1,999,319
78$5,840,943$670,152$149,754$2,117,591
79$6,375,126$641,397$93,178$2,247,547
80$6,961,856$609,292$32,766$2,390,463
81$7,606,431$573,613$0$2,547,755
82$8,314,688$534,121$0$2,729,445
83$9,093,058$490,564$0$2,938,686
84$9,948,625$442,677$0$3,168,702
85$10,889,194$390,178$0$3,421,674
86$11,923,365$332,770$0$3,700,010
87$13,060,610$270,137$0$4,006,370
88$14,311,368$201,950$0$4,343,692
89$15,687,138$127,856$0$4,715,220
90$17,200,591$47,486$0$5,124,539
91$18,865,688$0$0$5,575,604
92$20,697,809$0$0$6,093,674
93$22,713,903$0$0$6,691,503
94$24,932,643$0$0$7,349,563
95$27,374,605$0$0$8,073,974
96$30,062,461$0$0$8,871,480
97$33,021,191$0$0$9,749,512
98$36,278,321$0$0$10,716,256
99$39,864,180$0$0$11,780,736
100$43,812,190$0$0$12,952,893