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%12.6%
1 years$58,714$58,191$57,680$57,182$56,696$56,081
2 years$29,066$28,525$28,000$27,492$26,998$26,379
3 years$19,185$18,641$18,118$17,614$17,129$16,524
4 years$14,245$13,703$13,185$12,690$12,216$11,631
5 years$11,282$10,744$10,232$9,747$9,287$8,723
6 years$9,308$8,773$8,269$7,795$7,348$6,807
7 years$7,898$7,368$6,872$6,409$5,976$5,457
8 years$6,841$6,315$5,828$5,376$4,958$4,461
9 years$6,019$5,499$5,019$4,579$4,175$3,700
10 years$5,362$4,847$4,376$3,947$3,557$3,104
11 years$4,825$4,315$3,853$3,435$3,060$2,628
12 years$4,378$3,873$3,419$3,013$2,651$2,240
13 years$3,999$3,500$3,055$2,660$2,312$1,922
14 years$3,676$3,181$2,745$2,361$2,027$1,656
15 years$3,395$2,906$2,478$2,106$1,784$1,433
16 years$3,150$2,666$2,247$1,886$1,577$1,245
17 years$2,934$2,456$2,044$1,694$1,398$1,084
18 years$2,742$2,269$1,866$1,527$1,243$946
19 years$2,571$2,103$1,709$1,380$1,108$828
20 years$2,416$1,954$1,568$1,250$990$726
21 years$2,277$1,820$1,442$1,134$886$637
22 years$2,151$1,699$1,329$1,031$794$560
23 years$2,035$1,589$1,227$939$713$493
24 years$1,930$1,489$1,135$856$641$435
25 years$1,833$1,397$1,051$782$576$383
26 years$1,744$1,313$975$715$519$338
27 years$1,661$1,236$905$655$468$299
28 years$1,585$1,165$842$600$422$264
29 years$1,514$1,099$783$550$381$234
30 years$1,447$1,038$730$505$345$207
31 years$1,385$981$680$464$312$183
32 years$1,328$928$635$426$282$162
33 years$1,273$879$593$392$255$144
34 years$1,222$833$554$360$231$127
35 years$1,174$790$518$332$209$113
36 years$1,129$750$484$306$190$100
37 years$1,087$712$453$282$172$89
38 years$1,046$677$424$260$156$79
39 years$1,008$644$398$239$141$70
40 years$972$612$373$221$128$62
41 years$938$583$349$204$116$55
42 years$905$555$328$188$105$49
43 years$874$529$308$173$96$43
44 years$845$504$289$160$87$38
45 years$817$481$271$148$79$34
46 years$790$459$255$137$72$30
47 years$764$438$239$126$65$27
48 years$740$418$225$117$59$24
49 years$717$399$211$108$54$21
50 years$694$381$199$100$49$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $711,000, adding $6,071 every year, while hoping to spend $48,192 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: 61/16/23 Blend
51$711,000$711,000$711,000$711,000
52$789,784$752,101$741,081$832,813
53$819,066$737,678$714,631$848,264
54$849,720$720,933$685,680$859,303
55$881,834$701,702$654,093$870,284
56$915,506$679,810$619,730$881,210
57$950,839$655,072$582,442$892,084
58$987,947$627,293$542,077$902,914
59$1,026,955$596,268$498,473$913,710
60$1,067,996$561,776$451,464$924,486
61$1,111,216$523,588$400,872$935,260
62$1,156,774$481,458$346,516$946,055
63$1,204,845$435,129$288,204$956,898
64$1,255,616$384,327$225,735$967,823
65$1,309,293$328,764$158,902$978,870
66$1,366,103$268,135$87,487$990,089
67$1,426,290$202,118$11,262$1,001,536
68$1,490,122$130,373$0$1,013,279
69$1,557,893$52,540$0$1,042,595
70$1,629,924$0$0$1,076,442
71$1,706,566$0$0$1,117,815
72$1,788,202$0$0$1,171,767
73$1,875,254$0$0$1,229,331
74$1,968,181$0$0$1,290,814
75$2,067,489$0$0$1,356,556
76$2,173,731$0$0$1,426,926
77$2,287,514$0$0$1,502,333
78$2,409,502$0$0$1,583,221
79$2,540,426$0$0$1,670,081
80$2,681,086$0$0$1,763,450
81$2,832,363$0$0$1,863,918
82$2,995,220$0$0$1,972,132
83$3,170,718$0$0$2,088,804
84$3,360,022$0$0$2,214,716
85$3,564,410$0$0$2,350,725
86$3,785,289$0$0$2,497,775
87$4,024,202$0$0$2,656,904
88$4,282,848$0$0$2,829,251
89$4,563,093$0$0$3,016,070
90$4,866,990$0$0$3,218,739
91$5,196,797$0$0$3,438,774
92$5,554,995$0$0$3,677,841
93$5,944,315$0$0$3,937,775
94$6,367,761$0$0$4,220,594
95$6,828,638$0$0$4,528,516
96$7,330,583$0$0$4,863,986
97$7,877,596$0$0$5,229,691
98$8,474,083$0$0$5,628,589
99$9,124,891$0$0$6,063,937
100$9,835,353$0$0$6,539,319