Can I retire at age 52 with 716,000?

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 $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%12.3%
1 years$59,127$58,600$58,086$57,585$57,095$56,546
2 years$29,271$28,725$28,197$27,685$27,188$26,635
3 years$19,320$18,772$18,245$17,738$17,249$16,709
4 years$14,346$13,800$13,278$12,779$12,302$11,779
5 years$11,362$10,819$10,304$9,816$9,352$8,848
6 years$9,373$8,835$8,327$7,850$7,400$6,915
7 years$7,953$7,419$6,920$6,454$6,018$5,553
8 years$6,889$6,360$5,869$5,414$4,993$4,547
9 years$6,061$5,537$5,055$4,611$4,204$3,779
10 years$5,400$4,881$4,407$3,975$3,582$3,176
11 years$4,859$4,345$3,880$3,459$3,081$2,693
12 years$4,408$3,900$3,443$3,034$2,670$2,301
13 years$4,028$3,524$3,076$2,679$2,328$1,977
14 years$3,701$3,204$2,764$2,378$2,041$1,707
15 years$3,419$2,927$2,496$2,121$1,797$1,481
16 years$3,172$2,685$2,263$1,899$1,588$1,288
17 years$2,955$2,473$2,059$1,706$1,408$1,124
18 years$2,761$2,285$1,879$1,538$1,252$984
19 years$2,589$2,118$1,721$1,389$1,116$863
20 years$2,433$1,968$1,579$1,258$997$758
21 years$2,293$1,833$1,452$1,142$892$667
22 years$2,166$1,711$1,339$1,038$800$588
23 years$2,050$1,600$1,236$946$718$519
24 years$1,944$1,499$1,143$862$645$458
25 years$1,846$1,407$1,059$788$581$405
26 years$1,756$1,322$982$720$523$358
27 years$1,673$1,245$912$659$471$317
28 years$1,596$1,173$848$604$425$281
29 years$1,524$1,106$789$554$384$249
30 years$1,457$1,045$735$508$347$221
31 years$1,395$988$685$467$314$196
32 years$1,337$935$639$429$284$174
33 years$1,282$885$597$395$257$155
34 years$1,231$839$558$363$233$137
35 years$1,183$796$521$334$211$122
36 years$1,137$755$488$308$191$108
37 years$1,094$717$456$284$173$96
38 years$1,054$682$427$261$157$86
39 years$1,015$648$400$241$142$76
40 years$979$617$375$222$129$68
41 years$944$587$352$205$117$60
42 years$912$559$330$189$106$54
43 years$880$533$310$175$96$48
44 years$851$508$291$161$87$42
45 years$822$484$273$149$79$38
46 years$795$462$256$138$72$34
47 years$770$441$241$127$65$30
48 years$745$421$226$117$59$27
49 years$722$402$213$109$54$24
50 years$699$384$200$100$49$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $716,000, adding $3,772 every year, while hoping to spend $27,529 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: 52/25/23 Blend
51$716,000$716,000$716,000$716,000
52$792,923$754,975$743,877$828,908
53$844,510$762,678$739,506$861,873
54$900,437$769,836$734,066$894,573
55$961,117$776,393$727,492$929,571
56$1,027,004$782,289$719,717$967,096
57$1,098,599$787,462$710,668$1,007,403
58$1,176,452$791,844$700,271$1,050,770
59$1,261,169$795,363$688,449$1,097,507
60$1,353,416$797,943$675,120$1,147,958
61$1,453,925$799,503$660,197$1,202,499
62$1,563,504$799,958$643,592$1,261,551
63$1,683,040$799,214$625,211$1,325,575
64$1,813,511$797,176$604,957$1,395,082
65$1,955,992$793,741$582,725$1,470,639
66$2,111,667$788,798$558,411$1,552,869
67$2,281,840$782,233$531,901$1,642,463
68$2,467,947$773,921$503,079$1,740,182
69$2,671,568$763,733$471,822$1,846,870
70$2,894,442$751,531$438,002$1,963,458
71$3,138,486$737,167$401,487$2,090,972
72$3,405,810$720,487$362,135$2,230,549
73$3,698,739$701,326$319,802$2,383,442
74$4,019,830$679,511$274,335$2,551,037
75$4,371,903$654,857$225,576$2,734,862
76$4,758,061$627,170$173,357$2,936,606
77$5,181,725$596,243$117,507$3,158,133
78$5,646,661$561,859$57,843$3,401,502
79$6,157,017$523,786$0$3,668,984
80$6,717,362$481,781$0$3,964,518
81$7,332,731$435,587$0$4,304,684
82$8,008,669$384,930$0$4,678,376
83$8,751,285$329,523$0$5,089,021
84$9,567,307$269,061$0$5,540,393
85$10,464,151$203,224$0$6,036,657
86$11,449,984$131,671$0$6,582,404
87$12,533,805$54,045$0$7,182,696
88$13,725,526$0$0$7,843,115
89$15,036,071$0$0$8,578,075
90$16,477,474$0$0$9,402,854
91$18,062,994$0$0$10,310,179
92$19,807,238$0$0$11,308,420
93$21,726,302$0$0$12,406,800
94$23,837,921$0$0$13,615,480
95$26,161,634$0$0$14,945,656
96$28,718,971$0$0$16,409,663
97$31,533,656$0$0$18,021,095
98$34,631,827$0$0$19,794,929
99$38,042,286$0$0$21,747,668
100$41,796,770$0$0$23,897,497