Can I retire at age 52 with 716,000?

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 $716,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$59,127$58,600$58,086$57,585$57,095$55,896
2 years$29,271$28,725$28,197$27,685$27,188$25,986
3 years$19,320$18,772$18,245$17,738$17,249$16,082
4 years$14,346$13,800$13,278$12,779$12,302$11,178
5 years$11,362$10,819$10,304$9,816$9,352$8,274
6 years$9,373$8,835$8,327$7,850$7,400$6,369
7 years$7,953$7,419$6,920$6,454$6,018$5,035
8 years$6,889$6,360$5,869$5,414$4,993$4,057
9 years$6,061$5,537$5,055$4,611$4,204$3,316
10 years$5,400$4,881$4,407$3,975$3,582$2,740
11 years$4,859$4,345$3,880$3,459$3,081$2,283
12 years$4,408$3,900$3,443$3,034$2,670$1,915
13 years$4,028$3,524$3,076$2,679$2,328$1,616
14 years$3,701$3,204$2,764$2,378$2,041$1,370
15 years$3,419$2,927$2,496$2,121$1,797$1,165
16 years$3,172$2,685$2,263$1,899$1,588$994
17 years$2,955$2,473$2,059$1,706$1,408$851
18 years$2,761$2,285$1,879$1,538$1,252$729
19 years$2,589$2,118$1,721$1,389$1,116$627
20 years$2,433$1,968$1,579$1,258$997$539
21 years$2,293$1,833$1,452$1,142$892$465
22 years$2,166$1,711$1,339$1,038$800$401
23 years$2,050$1,600$1,236$946$718$346
24 years$1,944$1,499$1,143$862$645$299
25 years$1,846$1,407$1,059$788$581$259
26 years$1,756$1,322$982$720$523$224
27 years$1,673$1,245$912$659$471$194
28 years$1,596$1,173$848$604$425$168
29 years$1,524$1,106$789$554$384$145
30 years$1,457$1,045$735$508$347$126
31 years$1,395$988$685$467$314$109
32 years$1,337$935$639$429$284$95
33 years$1,282$885$597$395$257$82
34 years$1,231$839$558$363$233$71
35 years$1,183$796$521$334$211$62
36 years$1,137$755$488$308$191$54
37 years$1,094$717$456$284$173$47
38 years$1,054$682$427$261$157$41
39 years$1,015$648$400$241$142$35
40 years$979$617$375$222$129$31
41 years$944$587$352$205$117$27
42 years$912$559$330$189$106$23
43 years$880$533$310$175$96$20
44 years$851$508$291$161$87$17
45 years$822$484$273$149$79$15
46 years$795$462$256$138$72$13
47 years$770$441$241$127$65$11
48 years$745$421$226$117$59$10
49 years$722$402$213$109$54$9
50 years$699$384$200$100$49$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $716,000, adding $6,850 every year, while hoping to spend $42,670 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: 39/45/16 Blend
51$716,000$716,000$716,000$716,000
52$796,098$758,150$747,052$823,089
53$831,899$749,899$726,677$834,737
54$869,922$739,813$704,190$842,695
55$910,348$727,758$679,475$850,391
56$953,377$713,591$652,410$857,823
57$999,224$697,160$622,869$864,992
58$1,048,129$678,304$590,719$871,902
59$1,100,352$656,855$555,822$878,563
60$1,156,179$632,632$518,033$884,989
61$1,215,924$605,446$477,202$891,200
62$1,279,930$575,094$433,170$897,223
63$1,348,574$541,365$385,772$903,092
64$1,422,269$504,033$334,836$908,851
65$1,501,470$462,860$280,183$914,551
66$1,586,674$417,594$221,623$920,259
67$1,678,429$367,971$158,962$926,051
68$1,777,335$313,708$91,993$932,018
69$1,884,053$254,508$20,504$938,270
70$1,999,306$190,060$0$944,932
71$2,123,893$120,030$0$961,678
72$2,258,688$44,069$0$983,507
73$2,404,654$0$0$1,007,156
74$2,562,849$0$0$1,051,807
75$2,734,437$0$0$1,123,988
76$2,920,698$0$0$1,202,426
77$3,123,039$0$0$1,287,724
78$3,343,009$0$0$1,380,546
79$3,582,309$0$0$1,481,622
80$3,842,816$0$0$1,591,756
81$4,126,590$0$0$1,711,832
82$4,435,901$0$0$1,842,824
83$4,773,246$0$0$1,985,804
84$5,141,375$0$0$2,141,950
85$5,543,312$0$0$2,312,562
86$5,982,388$0$0$2,499,068
87$6,462,270$0$0$2,703,043
88$6,986,996$0$0$2,926,218
89$7,561,008$0$0$3,170,503
90$8,189,203$0$0$3,437,998
91$8,876,968$0$0$3,731,016
92$9,630,237$0$0$4,052,106
93$10,455,546$0$0$4,404,074
94$11,360,092$0$0$4,790,011
95$12,351,801$0$0$5,213,319
96$13,439,404$0$0$5,677,749
97$14,632,515$0$0$6,187,430
98$15,941,726$0$0$6,746,910
99$17,378,701$0$0$7,361,201
100$18,956,293$0$0$8,035,822