Can I retire at age 52 with 723,000?

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 $723,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$59,705$59,173$58,654$58,148$57,653$57,218
2 years$29,557$29,006$28,473$27,956$27,454$27,015
3 years$19,509$18,956$18,424$17,911$17,418$16,989
4 years$14,486$13,935$13,408$12,904$12,423$12,007
5 years$11,473$10,925$10,405$9,912$9,443$9,043
6 years$9,465$8,921$8,409$7,926$7,472$7,086
7 years$8,031$7,492$6,988$6,517$6,077$5,706
8 years$6,956$6,422$5,926$5,467$5,041$4,686
9 years$6,121$5,591$5,104$4,656$4,246$3,905
10 years$5,453$4,929$4,450$4,014$3,617$3,292
11 years$4,906$4,388$3,918$3,493$3,111$2,801
12 years$4,452$3,938$3,477$3,064$2,696$2,400
13 years$4,067$3,559$3,106$2,705$2,351$2,069
14 years$3,738$3,235$2,791$2,401$2,061$1,793
15 years$3,452$2,955$2,520$2,142$1,815$1,560
16 years$3,203$2,711$2,285$1,918$1,604$1,362
17 years$2,983$2,497$2,079$1,723$1,422$1,193
18 years$2,788$2,307$1,898$1,553$1,264$1,047
19 years$2,614$2,138$1,737$1,403$1,127$922
20 years$2,457$1,987$1,594$1,271$1,007$813
21 years$2,316$1,851$1,467$1,153$901$718
22 years$2,187$1,728$1,352$1,049$807$635
23 years$2,070$1,616$1,248$955$725$562
24 years$1,963$1,514$1,154$871$651$499
25 years$1,864$1,421$1,069$795$586$443
26 years$1,773$1,335$992$727$528$393
27 years$1,689$1,257$921$666$476$349
28 years$1,611$1,184$856$610$430$311
29 years$1,539$1,117$796$559$388$277
30 years$1,472$1,055$742$513$350$246
31 years$1,409$997$692$471$317$220
32 years$1,350$944$645$433$287$196
33 years$1,295$894$603$398$259$175
34 years$1,243$847$563$367$235$156
35 years$1,194$803$526$337$213$139
36 years$1,148$763$492$311$193$124
37 years$1,105$724$461$286$175$111
38 years$1,064$688$432$264$158$99
39 years$1,025$655$404$243$144$88
40 years$988$623$379$224$130$79
41 years$954$593$355$207$118$70
42 years$920$565$333$191$107$63
43 years$889$538$313$176$97$56
44 years$859$513$294$163$88$50
45 years$830$489$276$150$80$45
46 years$803$466$259$139$73$40
47 years$777$445$243$128$66$36
48 years$752$425$229$119$60$32
49 years$729$406$215$110$55$29
50 years$706$388$202$101$50$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $723,000, adding $5,786 every year, while hoping to spend $47,343 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: 23/47/30 Blend
51$723,000$723,000$723,000$723,000
52$802,714$764,395$753,189$813,514
53$834,219$751,478$728,048$810,522
54$867,349$736,341$700,478$802,998
55$902,223$718,826$670,348$793,952
56$938,966$698,764$637,521$783,291
57$977,714$675,978$601,852$770,917
58$1,018,619$650,278$563,192$756,729
59$1,061,843$621,467$521,384$740,622
60$1,107,565$589,333$476,264$722,486
61$1,155,979$553,652$427,661$702,208
62$1,207,297$514,190$375,396$679,669
63$1,261,753$470,696$319,283$654,749
64$1,319,599$422,908$259,127$627,320
65$1,381,114$370,546$194,723$597,253
66$1,446,601$313,316$125,859$564,415
67$1,516,393$250,907$52,314$528,666
68$1,590,854$182,991$0$489,867
69$1,670,384$109,220$0$456,250
70$1,755,419$29,228$0$437,704
71$1,846,440$0$0$417,396
72$1,943,972$0$0$424,930
73$2,048,592$0$0$449,311
74$2,160,932$0$0$475,582
75$2,281,688$0$0$503,917
76$2,411,622$0$0$534,507
77$2,551,571$0$0$567,561
78$2,702,454$0$0$603,310
79$2,865,282$0$0$642,008
80$3,041,165$0$0$683,934
81$3,231,322$0$0$729,395
82$3,437,094$0$0$778,727
83$3,659,954$0$0$832,301
84$3,901,522$0$0$890,525
85$4,163,580$0$0$953,849
86$4,448,088$0$0$1,022,764
87$4,757,199$0$0$1,097,815
88$5,093,286$0$0$1,179,599
89$5,458,955$0$0$1,268,774
90$5,857,076$0$0$1,366,064
91$6,290,806$0$0$1,472,266
92$6,763,621$0$0$1,588,256
93$7,279,345$0$0$1,715,001
94$7,842,185$0$0$1,853,563
95$8,456,777$0$0$2,005,112
96$9,128,220$0$0$2,170,938
97$9,862,128$0$0$2,352,460
98$10,664,685$0$0$2,551,239
99$11,542,695$0$0$2,768,997
100$12,503,655$0$0$3,007,628