Can I retire at age 52 with 712,000?

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 $712,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$58,796$58,273$57,762$57,263$56,776$55,812
2 years$29,107$28,565$28,040$27,530$27,036$26,068
3 years$19,212$18,668$18,143$17,639$17,153$16,211
4 years$14,265$13,723$13,204$12,708$12,234$11,325
5 years$11,298$10,759$10,247$9,761$9,300$8,427
6 years$9,321$8,785$8,281$7,806$7,359$6,522
7 years$7,909$7,378$6,881$6,418$5,984$5,185
8 years$6,850$6,324$5,836$5,384$4,965$4,202
9 years$6,028$5,506$5,027$4,586$4,181$3,455
10 years$5,370$4,854$4,382$3,953$3,562$2,872
11 years$4,832$4,321$3,858$3,440$3,064$2,409
12 years$4,384$3,878$3,424$3,017$2,655$2,034
13 years$4,005$3,505$3,059$2,664$2,315$1,728
14 years$3,681$3,186$2,749$2,365$2,030$1,474
15 years$3,400$2,910$2,482$2,109$1,787$1,263
16 years$3,154$2,670$2,250$1,888$1,579$1,085
17 years$2,938$2,459$2,047$1,697$1,400$935
18 years$2,746$2,272$1,869$1,529$1,245$808
19 years$2,574$2,106$1,711$1,382$1,110$699
20 years$2,420$1,957$1,570$1,251$991$606
21 years$2,280$1,823$1,444$1,136$887$526
22 years$2,154$1,701$1,331$1,033$795$457
23 years$2,038$1,591$1,229$940$714$398
24 years$1,933$1,491$1,137$858$642$347
25 years$1,836$1,399$1,053$783$577$302
26 years$1,746$1,315$976$716$520$264
27 years$1,664$1,238$907$656$469$230
28 years$1,587$1,166$843$601$423$201
29 years$1,516$1,100$784$551$382$175
30 years$1,449$1,039$731$505$345$153
31 years$1,387$982$681$464$312$134
32 years$1,329$929$636$427$282$117
33 years$1,275$880$593$392$255$103
34 years$1,224$834$554$361$231$90
35 years$1,176$791$518$332$209$79
36 years$1,131$751$485$306$190$69
37 years$1,088$713$454$282$172$60
38 years$1,048$678$425$260$156$53
39 years$1,010$645$398$240$141$46
40 years$973$613$373$221$128$40
41 years$939$584$350$204$116$35
42 years$906$556$328$188$106$31
43 years$875$530$308$174$96$27
44 years$846$505$289$160$87$24
45 years$818$481$272$148$79$21
46 years$791$459$255$137$72$18
47 years$765$438$240$126$65$16
48 years$741$418$225$117$59$14
49 years$718$400$212$108$54$12
50 years$695$382$199$100$49$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $712,000, adding $2,585 every year, while hoping to spend $28,917 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: 51/20/29 Blend
51$712,000$712,000$712,000$712,000
52$787,290$749,554$738,518$820,884
53$836,827$755,515$732,491$850,560
54$890,446$760,799$725,293$879,716
55$948,535$765,342$716,854$910,858
56$1,011,519$769,076$707,101$944,190
57$1,079,862$771,929$695,958$979,936
58$1,154,080$773,825$683,344$1,018,343
59$1,234,736$774,683$669,176$1,059,688
60$1,322,451$774,415$653,366$1,104,274
61$1,417,910$772,929$635,822$1,152,440
62$1,521,863$770,129$616,448$1,204,559
63$1,635,137$765,910$595,144$1,261,043
64$1,758,645$760,163$571,805$1,322,350
65$1,893,387$752,771$546,320$1,388,986
66$2,040,466$743,611$518,576$1,461,511
67$2,201,097$732,552$488,452$1,540,544
68$2,376,617$719,454$455,823$1,626,769
69$2,568,496$704,172$420,557$1,720,944
70$2,778,355$686,548$382,518$1,823,904
71$3,007,977$666,419$341,562$1,936,576
72$3,259,327$643,610$297,541$2,059,982
73$3,534,568$617,937$250,298$2,195,252
74$3,836,081$589,203$199,671$2,343,635
75$4,166,490$557,202$145,488$2,506,511
76$4,528,683$521,716$87,573$2,685,405
77$4,925,842$482,513$25,739$2,882,001
78$5,361,471$439,349$0$3,098,158
79$5,839,429$391,966$0$3,348,386
80$6,363,969$340,090$0$3,631,809
81$6,939,772$283,433$0$3,943,025
82$7,571,998$221,691$0$4,284,868
83$8,266,328$154,540$0$4,660,463
84$9,029,023$81,642$0$5,073,258
85$9,866,978$2,637$0$5,527,052
86$10,787,790$0$0$6,026,034
87$11,799,827$0$0$6,593,058
88$12,912,310$0$0$7,217,077
89$14,135,397$0$0$7,903,219
90$15,480,278$0$0$8,657,773
91$16,959,285$0$0$9,487,667
92$18,586,000$0$0$10,400,534
93$20,375,392$0$0$11,404,785
94$22,343,950$0$0$12,509,687
95$24,509,846$0$0$13,725,449
96$26,893,097$0$0$15,063,323
97$29,515,762$0$0$16,535,702
98$32,402,145$0$0$18,156,246
99$35,579,026$0$0$19,940,003
100$39,075,913$0$0$21,903,555