Can I retire at age 52 with 720,000?

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 $720,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$59,457$58,927$58,411$57,906$57,414$56,301
2 years$29,434$28,886$28,355$27,840$27,340$26,223
3 years$19,428$18,877$18,347$17,837$17,346$16,260
4 years$14,426$13,877$13,352$12,851$12,371$11,324
5 years$11,425$10,880$10,362$9,870$9,404$8,400
6 years$9,425$8,884$8,374$7,894$7,441$6,481
7 years$7,998$7,461$6,959$6,490$6,052$5,135
8 years$6,927$6,395$5,902$5,444$5,020$4,147
9 years$6,095$5,568$5,083$4,637$4,228$3,397
10 years$5,430$4,908$4,431$3,997$3,602$2,814
11 years$4,886$4,369$3,901$3,479$3,098$2,351
12 years$4,433$3,922$3,462$3,051$2,685$1,978
13 years$4,050$3,544$3,093$2,694$2,341$1,673
14 years$3,722$3,221$2,779$2,391$2,052$1,422
15 years$3,438$2,943$2,509$2,133$1,807$1,213
16 years$3,190$2,700$2,275$1,910$1,597$1,038
17 years$2,971$2,487$2,070$1,716$1,416$891
18 years$2,777$2,298$1,890$1,546$1,259$766
19 years$2,603$2,130$1,730$1,397$1,122$660
20 years$2,447$1,979$1,588$1,265$1,002$569
21 years$2,306$1,843$1,461$1,148$897$492
22 years$2,178$1,721$1,346$1,044$804$426
23 years$2,061$1,609$1,243$951$722$369
24 years$1,954$1,508$1,149$867$649$320
25 years$1,856$1,415$1,065$792$584$277
26 years$1,766$1,330$987$724$526$241
27 years$1,682$1,252$917$663$474$209
28 years$1,605$1,179$852$607$428$182
29 years$1,533$1,113$793$557$386$158
30 years$1,466$1,051$739$511$349$137
31 years$1,403$993$689$469$316$120
32 years$1,344$940$643$431$285$104
33 years$1,289$890$600$397$258$91
34 years$1,238$844$561$365$234$79
35 years$1,189$800$524$336$212$69
36 years$1,144$759$490$309$192$60
37 years$1,100$721$459$285$174$52
38 years$1,060$685$430$263$158$45
39 years$1,021$652$403$242$143$40
40 years$984$620$377$224$130$34
41 years$950$590$354$206$118$30
42 years$917$562$332$190$107$26
43 years$885$536$312$176$97$23
44 years$855$511$292$162$88$20
45 years$827$487$275$150$80$17
46 years$800$464$258$138$73$15
47 years$774$443$242$128$66$13
48 years$749$423$228$118$60$11
49 years$726$404$214$109$54$10
50 years$703$386$201$101$49$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $720,000, adding $3,928 every year, while hoping to spend $25,710 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: 49/40/11 Blend
51$720,000$720,000$720,000$720,000
52$797,492$759,332$748,172$834,004
53$851,481$769,184$745,880$869,332
54$910,115$778,657$742,650$904,664
55$973,841$787,705$738,423$942,456
56$1,043,150$796,280$733,138$982,946
57$1,118,583$804,330$726,730$1,026,396
58$1,200,734$811,798$719,131$1,073,098
59$1,290,259$818,626$710,272$1,123,371
60$1,387,878$824,751$700,078$1,177,570
61$1,494,383$830,105$688,472$1,236,086
62$1,610,647$834,617$675,373$1,299,352
63$1,737,631$838,211$660,696$1,367,844
64$1,876,392$840,807$644,352$1,442,089
65$2,028,095$842,317$626,249$1,522,670
66$2,194,021$842,651$606,289$1,610,229
67$2,375,583$841,712$584,371$1,705,478
68$2,574,333$839,397$560,388$1,809,198
69$2,791,984$835,596$534,230$1,922,257
70$3,030,419$830,194$505,780$2,045,610
71$3,291,716$823,067$474,917$2,180,313
72$3,578,158$814,085$441,515$2,327,530
73$3,892,265$803,109$405,440$2,488,549
74$4,236,808$789,994$366,554$2,664,789
75$4,614,841$774,583$324,713$2,857,817
76$5,029,730$756,712$279,765$3,069,365
77$5,485,178$736,206$231,553$3,301,342
78$5,985,268$712,883$179,912$3,555,856
79$6,534,497$686,545$124,671$3,835,234
80$7,137,816$656,987$65,648$4,142,043
81$7,800,684$623,989$2,658$4,479,118
82$8,529,111$587,322$0$4,849,584
83$9,329,719$546,739$0$5,264,469
84$10,209,804$501,983$0$5,720,830
85$11,177,404$452,780$0$6,222,578
86$12,241,374$398,842$0$6,774,374
87$13,411,472$339,863$0$7,381,359
88$14,698,446$275,520$0$8,049,201
89$16,114,140$205,473$0$8,784,153
90$17,671,603$129,362$0$9,593,109
91$19,385,213$46,807$0$10,483,674
92$21,270,811$0$0$11,464,234
93$23,345,851$0$0$12,562,783
94$25,629,566$0$0$13,794,573
95$28,143,147$0$0$15,150,442
96$30,909,943$0$0$16,642,999
97$33,955,683$0$0$18,286,133
98$37,308,715$0$0$20,095,152
99$41,000,277$0$0$22,086,921
100$45,064,790$0$0$24,280,026