Can I retire at age 52 with 721,000?

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 $721,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$59,540$59,009$58,492$57,987$57,494$55,366
2 years$29,475$28,926$28,394$27,878$27,378$25,258
3 years$19,455$18,903$18,373$17,862$17,370$15,325
4 years$14,446$13,896$13,371$12,868$12,388$10,433
5 years$11,441$10,895$10,376$9,884$9,417$7,558
6 years$9,439$8,896$8,386$7,904$7,452$5,689
7 years$8,009$7,471$6,968$6,499$6,060$4,394
8 years$6,937$6,404$5,910$5,452$5,027$3,456
9 years$6,104$5,576$5,090$4,644$4,234$2,755
10 years$5,438$4,915$4,438$4,003$3,607$2,219
11 years$4,893$4,375$3,907$3,484$3,103$1,801
12 years$4,439$3,927$3,467$3,056$2,689$1,471
13 years$4,056$3,549$3,098$2,698$2,345$1,207
14 years$3,727$3,226$2,783$2,395$2,055$994
15 years$3,443$2,947$2,513$2,136$1,810$822
16 years$3,194$2,704$2,278$1,912$1,599$681
17 years$2,975$2,490$2,073$1,718$1,418$565
18 years$2,781$2,301$1,893$1,548$1,261$470
19 years$2,607$2,133$1,733$1,399$1,124$392
20 years$2,450$1,982$1,590$1,267$1,004$327
21 years$2,309$1,846$1,463$1,150$898$273
22 years$2,181$1,723$1,348$1,046$805$228
23 years$2,064$1,611$1,245$952$723$191
24 years$1,957$1,510$1,151$869$650$159
25 years$1,859$1,417$1,066$793$585$133
26 years$1,768$1,332$989$725$527$112
27 years$1,685$1,253$918$664$475$94
28 years$1,607$1,181$854$608$428$78
29 years$1,535$1,114$794$558$387$66
30 years$1,468$1,052$740$512$350$55
31 years$1,405$995$690$470$316$46
32 years$1,346$941$644$432$286$39
33 years$1,291$891$601$397$259$32
34 years$1,240$845$561$366$234$27
35 years$1,191$801$525$337$212$23
36 years$1,145$760$491$310$192$19
37 years$1,102$722$460$286$174$16
38 years$1,061$686$430$263$158$13
39 years$1,022$653$403$243$143$11
40 years$986$621$378$224$130$9
41 years$951$591$354$207$118$8
42 years$918$563$332$191$107$7
43 years$887$536$312$176$97$6
44 years$857$511$293$162$88$5
45 years$828$488$275$150$80$4
46 years$801$465$258$139$73$3
47 years$775$444$243$128$66$3
48 years$750$424$228$118$60$2
49 years$727$405$214$109$54$2
50 years$704$387$201$101$49$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $721,000, adding $5,787 every year, while hoping to spend $41,013 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: 79/15/6 Blend
51$721,000$721,000$721,000$721,000
52$800,511$762,298$751,123$862,897
53$838,526$756,013$732,648$898,319
54$879,043$748,046$712,179$931,193
55$922,276$738,270$689,608$966,020
56$968,456$726,553$664,817$1,002,974
57$1,017,837$712,753$637,687$1,042,246
58$1,070,699$696,721$608,092$1,084,049
59$1,127,348$678,297$575,901$1,128,616
60$1,188,119$657,316$540,976$1,176,204
61$1,253,381$633,598$503,172$1,227,097
62$1,323,539$606,957$462,341$1,281,609
63$1,399,035$577,193$418,324$1,340,085
64$1,480,357$544,096$370,959$1,402,906
65$1,568,041$507,444$320,073$1,470,493
66$1,662,674$467,002$265,489$1,543,310
67$1,764,902$422,521$207,019$1,621,868
68$1,875,436$373,738$144,467$1,706,733
69$1,995,056$320,376$77,632$1,798,527
70$2,124,618$262,142$6,300$1,897,939
71$2,265,068$198,725$0$2,005,726
72$2,417,441$129,799$0$2,127,197
73$2,582,878$55,017$0$2,259,525
74$2,762,634$0$0$2,403,343
75$2,958,088$0$0$2,564,079
76$3,170,760$0$0$2,748,875
77$3,402,318$0$0$2,950,102
78$3,654,602$0$0$3,169,361
79$3,929,634$0$0$3,408,412
80$4,229,641$0$0$3,669,193
81$4,557,073$0$0$3,953,838
82$4,914,627$0$0$4,264,693
83$5,305,272$0$0$4,604,344
84$5,732,278$0$0$4,975,636
85$6,199,244$0$0$5,381,701
86$6,710,131$0$0$5,825,990
87$7,269,304$0$0$6,312,300
88$7,881,567$0$0$6,844,813
89$8,552,211$0$0$7,428,135
90$9,287,062$0$0$8,067,339
91$10,092,538$0$0$8,768,009
92$10,975,705$0$0$9,536,299
93$11,944,348$0$0$10,378,984
94$13,007,039$0$0$11,303,527
95$14,173,223$0$0$12,318,148
96$15,453,301$0$0$13,431,904
97$16,858,730$0$0$14,654,768
98$18,402,133$0$0$15,997,727
99$20,097,413$0$0$17,472,886
100$21,959,887$0$0$19,093,577