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%13.9%
1 years$58,714$58,191$57,680$57,182$56,696$55,780
2 years$29,066$28,525$28,000$27,492$26,998$26,078
3 years$19,185$18,641$18,118$17,614$17,129$16,232
4 years$14,245$13,703$13,185$12,690$12,216$11,351
5 years$11,282$10,744$10,232$9,747$9,287$8,455
6 years$9,308$8,773$8,269$7,795$7,348$6,552
7 years$7,898$7,368$6,872$6,409$5,976$5,214
8 years$6,841$6,315$5,828$5,376$4,958$4,231
9 years$6,019$5,499$5,019$4,579$4,175$3,483
10 years$5,362$4,847$4,376$3,947$3,557$2,899
11 years$4,825$4,315$3,853$3,435$3,060$2,434
12 years$4,378$3,873$3,419$3,013$2,651$2,058
13 years$3,999$3,500$3,055$2,660$2,312$1,750
14 years$3,676$3,181$2,745$2,361$2,027$1,495
15 years$3,395$2,906$2,478$2,106$1,784$1,283
16 years$3,150$2,666$2,247$1,886$1,577$1,104
17 years$2,934$2,456$2,044$1,694$1,398$953
18 years$2,742$2,269$1,866$1,527$1,243$824
19 years$2,571$2,103$1,709$1,380$1,108$714
20 years$2,416$1,954$1,568$1,250$990$620
21 years$2,277$1,820$1,442$1,134$886$539
22 years$2,151$1,699$1,329$1,031$794$469
23 years$2,035$1,589$1,227$939$713$409
24 years$1,930$1,489$1,135$856$641$357
25 years$1,833$1,397$1,051$782$576$312
26 years$1,744$1,313$975$715$519$272
27 years$1,661$1,236$905$655$468$238
28 years$1,585$1,165$842$600$422$208
29 years$1,514$1,099$783$550$381$182
30 years$1,447$1,038$730$505$345$159
31 years$1,385$981$680$464$312$140
32 years$1,328$928$635$426$282$122
33 years$1,273$879$593$392$255$107
34 years$1,222$833$554$360$231$94
35 years$1,174$790$518$332$209$82
36 years$1,129$750$484$306$190$72
37 years$1,087$712$453$282$172$63
38 years$1,046$677$424$260$156$56
39 years$1,008$644$398$239$141$49
40 years$972$612$373$221$128$43
41 years$938$583$349$204$116$38
42 years$905$555$328$188$105$33
43 years$874$529$308$173$96$29
44 years$845$504$289$160$87$25
45 years$817$481$271$148$79$22
46 years$790$459$255$137$72$20
47 years$764$438$239$126$65$17
48 years$740$418$225$117$59$15
49 years$717$399$211$108$54$13
50 years$694$381$199$100$49$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $711,000, adding $5,489 every year, while hoping to spend $26,343 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: 43/49/8 Blend
51$711,000$711,000$711,000$711,000
52$789,184$751,501$740,480$821,065
53$841,652$760,296$737,258$852,559
54$898,589$768,639$733,044$883,541
55$960,422$776,479$727,779$916,501
56$1,027,624$783,765$721,398$951,628
57$1,100,711$790,439$713,834$989,135
58$1,180,253$796,440$705,017$1,029,253
59$1,266,877$801,704$694,874$1,072,241
60$1,361,274$806,163$683,327$1,118,384
61$1,464,202$809,743$670,297$1,167,997
62$1,576,498$812,367$655,698$1,221,431
63$1,699,080$813,953$639,444$1,279,072
64$1,832,962$814,412$621,441$1,341,345
65$1,979,257$813,652$601,593$1,408,725
66$2,139,194$811,574$579,799$1,481,733
67$2,314,123$808,072$555,954$1,560,947
68$2,505,533$803,036$529,946$1,647,005
69$2,715,059$796,348$501,662$1,740,614
70$2,944,508$787,881$470,980$1,842,554
71$3,195,864$777,504$437,775$1,953,688
72$3,471,316$765,075$401,914$2,074,969
73$3,773,272$750,446$363,260$2,207,450
74$4,104,386$733,458$321,669$2,352,297
75$4,467,580$713,944$276,992$2,510,796
76$4,866,073$691,727$229,071$2,684,367
77$5,303,411$666,620$177,743$2,874,582
78$5,783,498$638,424$122,837$3,083,175
79$6,310,638$606,929$64,175$3,312,061
80$6,889,568$571,914$1,569$3,563,358
81$7,525,509$533,143$0$3,839,402
82$8,224,212$490,368$0$4,148,343
83$8,992,013$443,327$0$4,487,968
84$9,835,890$391,742$0$4,861,305
85$10,763,534$335,321$0$5,271,849
86$11,783,415$273,753$0$5,723,455
87$12,904,868$206,711$0$6,220,376
88$14,138,174$133,849$0$6,767,308
89$15,494,664$54,803$0$7,369,432
90$16,986,818$0$0$8,032,465
91$18,628,392$0$0$8,779,328
92$20,434,536$0$0$9,633,678
93$22,421,948$0$0$10,573,875
94$24,609,023$0$0$11,608,637
95$27,016,030$0$0$12,747,565
96$29,665,305$0$0$14,001,241
97$32,581,455$0$0$15,381,325
98$35,791,597$0$0$16,900,664
99$39,325,608$0$0$18,573,415
100$43,216,411$0$0$20,415,177