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%12.3%
1 years$58,796$58,273$57,762$57,263$56,776$56,230
2 years$29,107$28,565$28,040$27,530$27,036$26,486
3 years$19,212$18,668$18,143$17,639$17,153$16,616
4 years$14,265$13,723$13,204$12,708$12,234$11,714
5 years$11,298$10,759$10,247$9,761$9,300$8,799
6 years$9,321$8,785$8,281$7,806$7,359$6,877
7 years$7,909$7,378$6,881$6,418$5,984$5,522
8 years$6,850$6,324$5,836$5,384$4,965$4,522
9 years$6,028$5,506$5,027$4,586$4,181$3,758
10 years$5,370$4,854$4,382$3,953$3,562$3,158
11 years$4,832$4,321$3,858$3,440$3,064$2,678
12 years$4,384$3,878$3,424$3,017$2,655$2,288
13 years$4,005$3,505$3,059$2,664$2,315$1,966
14 years$3,681$3,186$2,749$2,365$2,030$1,698
15 years$3,400$2,910$2,482$2,109$1,787$1,472
16 years$3,154$2,670$2,250$1,888$1,579$1,281
17 years$2,938$2,459$2,047$1,697$1,400$1,118
18 years$2,746$2,272$1,869$1,529$1,245$978
19 years$2,574$2,106$1,711$1,382$1,110$858
20 years$2,420$1,957$1,570$1,251$991$754
21 years$2,280$1,823$1,444$1,136$887$663
22 years$2,154$1,701$1,331$1,033$795$584
23 years$2,038$1,591$1,229$940$714$516
24 years$1,933$1,491$1,137$858$642$455
25 years$1,836$1,399$1,053$783$577$403
26 years$1,746$1,315$976$716$520$356
27 years$1,664$1,238$907$656$469$315
28 years$1,587$1,166$843$601$423$280
29 years$1,516$1,100$784$551$382$248
30 years$1,449$1,039$731$505$345$220
31 years$1,387$982$681$464$312$195
32 years$1,329$929$636$427$282$173
33 years$1,275$880$593$392$255$154
34 years$1,224$834$554$361$231$137
35 years$1,176$791$518$332$209$121
36 years$1,131$751$485$306$190$108
37 years$1,088$713$454$282$172$96
38 years$1,048$678$425$260$156$85
39 years$1,010$645$398$240$141$76
40 years$973$613$373$221$128$67
41 years$939$584$350$204$116$60
42 years$906$556$328$188$106$53
43 years$875$530$308$174$96$47
44 years$846$505$289$160$87$42
45 years$818$481$272$148$79$38
46 years$791$459$255$137$72$33
47 years$765$438$240$126$65$30
48 years$741$418$225$117$59$27
49 years$718$400$212$108$54$24
50 years$695$382$199$100$49$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $712,000, adding $2,685 every year, while hoping to spend $41,836 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: 50/25/25 Blend
51$712,000$712,000$712,000$712,000
52$787,394$749,658$738,622$821,095
53$823,195$741,878$718,852$837,059
54$861,245$732,314$697,018$849,976
55$901,730$720,836$673,007$863,173
56$944,853$707,303$646,699$876,694
57$990,836$691,569$617,971$890,592
58$1,039,921$673,476$586,693$904,926
59$1,092,376$652,859$552,730$919,763
60$1,148,492$629,543$515,941$935,184
61$1,208,590$603,342$476,176$951,278
62$1,273,021$574,061$433,283$968,146
63$1,342,170$541,491$387,099$985,906
64$1,416,461$505,413$337,456$1,004,689
65$1,496,357$465,595$284,177$1,024,645
66$1,582,368$421,792$227,080$1,045,943
67$1,675,053$373,743$165,971$1,068,773
68$1,775,028$321,176$100,650$1,093,351
69$1,882,967$263,801$30,909$1,119,920
70$1,999,614$201,310$0$1,148,750
71$2,125,782$133,383$0$1,191,758
72$2,262,370$59,676$0$1,247,231
73$2,410,361$0$0$1,307,362
74$2,570,841$0$0$1,378,199
75$2,745,000$0$0$1,472,953
76$2,934,149$0$0$1,575,929
77$3,139,730$0$0$1,687,919
78$3,363,329$0$0$1,809,797
79$3,606,690$0$0$1,942,521
80$3,871,733$0$0$2,087,150
81$4,160,571$0$0$2,244,846
82$4,475,530$0$0$2,416,887
83$4,819,167$0$0$2,604,684
84$5,194,300$0$0$2,809,786
85$5,604,030$0$0$3,033,900
86$6,051,769$0$0$3,278,906
87$6,541,275$0$0$3,546,872
88$7,076,686$0$0$3,840,076
89$7,662,558$0$0$4,161,028
90$8,303,906$0$0$4,512,487
91$9,006,254$0$0$4,897,498
92$9,775,685$0$0$5,319,408
93$10,618,898$0$0$5,781,909
94$11,543,271$0$0$6,289,061
95$12,556,928$0$0$6,845,341
96$13,668,821$0$0$7,455,678
97$14,888,806$0$0$8,125,501
98$16,227,741$0$0$8,860,790
99$17,697,586$0$0$9,668,132
100$19,311,516$0$0$10,554,786