Can I retire at age 52 with 712,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%14.8%
1 years$58,796$58,273$57,762$57,263$56,776$55,652
2 years$29,107$28,565$28,040$27,530$27,036$25,909
3 years$19,212$18,668$18,143$17,639$17,153$16,057
4 years$14,265$13,723$13,204$12,708$12,234$11,178
5 years$11,298$10,759$10,247$9,761$9,300$8,287
6 years$9,321$8,785$8,281$7,806$7,359$6,390
7 years$7,909$7,378$6,881$6,418$5,984$5,060
8 years$6,850$6,324$5,836$5,384$4,965$4,084
9 years$6,028$5,506$5,027$4,586$4,181$3,344
10 years$5,370$4,854$4,382$3,953$3,562$2,768
11 years$4,832$4,321$3,858$3,440$3,064$2,311
12 years$4,384$3,878$3,424$3,017$2,655$1,943
13 years$4,005$3,505$3,059$2,664$2,315$1,642
14 years$3,681$3,186$2,749$2,365$2,030$1,395
15 years$3,400$2,910$2,482$2,109$1,787$1,189
16 years$3,154$2,670$2,250$1,888$1,579$1,017
17 years$2,938$2,459$2,047$1,697$1,400$872
18 years$2,746$2,272$1,869$1,529$1,245$749
19 years$2,574$2,106$1,711$1,382$1,110$645
20 years$2,420$1,957$1,570$1,251$991$556
21 years$2,280$1,823$1,444$1,136$887$480
22 years$2,154$1,701$1,331$1,033$795$415
23 years$2,038$1,591$1,229$940$714$359
24 years$1,933$1,491$1,137$858$642$311
25 years$1,836$1,399$1,053$783$577$270
26 years$1,746$1,315$976$716$520$234
27 years$1,664$1,238$907$656$469$203
28 years$1,587$1,166$843$601$423$176
29 years$1,516$1,100$784$551$382$153
30 years$1,449$1,039$731$505$345$133
31 years$1,387$982$681$464$312$116
32 years$1,329$929$636$427$282$101
33 years$1,275$880$593$392$255$88
34 years$1,224$834$554$361$231$76
35 years$1,176$791$518$332$209$66
36 years$1,131$751$485$306$190$58
37 years$1,088$713$454$282$172$50
38 years$1,048$678$425$260$156$44
39 years$1,010$645$398$240$141$38
40 years$973$613$373$221$128$33
41 years$939$584$350$204$116$29
42 years$906$556$328$188$106$25
43 years$875$530$308$174$96$22
44 years$846$505$289$160$87$19
45 years$818$481$272$148$79$17
46 years$791$459$255$137$72$14
47 years$765$438$240$126$65$13
48 years$741$418$225$117$59$11
49 years$718$400$212$108$54$10
50 years$695$382$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 $712,000, adding $2,470 every year, while hoping to spend $32,725 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: 65/30/5 Blend
51$712,000$712,000$712,000$712,000
52$787,172$749,436$738,400$837,645
53$832,644$751,339$728,317$873,384
54$881,658$752,239$716,800$908,271
55$934,540$752,051$703,765$945,511
56$991,649$750,687$689,127$985,329
57$1,053,379$748,053$672,795$1,027,973
58$1,120,164$744,048$654,674$1,073,717
59$1,192,480$738,566$634,665$1,122,864
60$1,270,851$731,494$612,664$1,175,748
61$1,355,853$722,713$588,564$1,232,739
62$1,448,121$712,095$562,251$1,294,245
63$1,548,349$699,508$533,607$1,360,717
64$1,657,305$684,808$502,507$1,432,653
65$1,775,832$667,846$468,823$1,510,602
66$1,904,857$648,461$432,418$1,595,173
67$2,045,401$626,484$393,153$1,687,035
68$2,198,588$601,738$350,880$1,786,931
69$2,365,653$574,032$305,443$1,895,677
70$2,547,957$543,167$256,684$2,014,178
71$2,746,998$508,932$204,432$2,143,431
72$2,964,425$471,102$148,513$2,284,537
73$3,202,052$429,442$88,744$2,438,714
74$3,461,877$383,700$24,933$2,607,303
75$3,746,101$333,614$0$2,791,787
76$4,057,146$278,904$0$2,996,107
77$4,397,678$219,274$0$3,221,335
78$4,770,637$154,414$0$3,468,145
79$5,179,256$83,994$0$3,738,751
80$5,627,097$7,667$0$4,035,596
81$6,118,084$0$0$4,361,374
82$6,656,538$0$0$4,743,796
83$7,247,218$0$0$5,166,136
84$7,895,367$0$0$5,629,615
85$8,606,758$0$0$6,138,371
86$9,387,752$0$0$6,696,957
87$10,245,355$0$0$7,310,393
88$11,187,285$0$0$7,984,204
89$12,222,045$0$0$8,724,481
90$13,359,001$0$0$9,537,932
91$14,608,470$0$0$10,431,947
92$15,981,821$0$0$11,414,667
93$17,491,578$0$0$12,495,063
94$19,151,537$0$0$13,683,016
95$20,976,901$0$0$14,989,414
96$22,984,417$0$0$16,426,253
97$25,192,537$0$0$18,006,749
98$27,621,593$0$0$19,745,464
99$30,293,984$0$0$21,658,441
100$33,234,391$0$0$23,763,358