Can I retire at age 52 with 724,000?

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 $724,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$59,787$59,255$58,735$58,228$57,733$56,110
2 years$29,598$29,046$28,512$27,994$27,492$25,869
3 years$19,536$18,982$18,449$17,936$17,442$15,870
4 years$14,506$13,954$13,426$12,922$12,440$10,931
5 years$11,489$10,940$10,419$9,925$9,456$8,015
6 years$9,478$8,933$8,420$7,937$7,483$6,110
7 years$8,042$7,502$6,997$6,526$6,085$4,781
8 years$6,966$6,431$5,934$5,474$5,048$3,812
9 years$6,129$5,599$5,111$4,663$4,251$3,082
10 years$5,460$4,935$4,456$4,019$3,622$2,518
11 years$4,913$4,394$3,923$3,498$3,115$2,074
12 years$4,458$3,944$3,482$3,068$2,700$1,720
13 years$4,073$3,564$3,111$2,709$2,354$1,434
14 years$3,743$3,239$2,795$2,405$2,064$1,200
15 years$3,457$2,959$2,523$2,145$1,817$1,008
16 years$3,208$2,715$2,288$1,920$1,606$849
17 years$2,988$2,500$2,082$1,725$1,424$717
18 years$2,792$2,311$1,900$1,555$1,266$607
19 years$2,618$2,141$1,740$1,405$1,128$515
20 years$2,461$1,990$1,597$1,272$1,008$437
21 years$2,319$1,853$1,469$1,155$902$371
22 years$2,190$1,730$1,354$1,050$809$316
23 years$2,073$1,618$1,250$956$726$269
24 years$1,965$1,516$1,156$872$652$229
25 years$1,867$1,423$1,071$796$587$195
26 years$1,776$1,337$993$728$529$166
27 years$1,692$1,258$922$667$477$142
28 years$1,614$1,186$857$611$430$121
29 years$1,541$1,119$798$560$388$104
30 years$1,474$1,057$743$514$351$88
31 years$1,411$999$693$472$317$76
32 years$1,352$945$646$434$287$65
33 years$1,297$895$603$399$260$55
34 years$1,245$848$564$367$235$47
35 years$1,196$805$527$338$213$40
36 years$1,150$764$493$311$193$34
37 years$1,106$725$462$287$175$29
38 years$1,065$689$432$264$159$25
39 years$1,027$655$405$244$144$22
40 years$990$624$380$225$130$18
41 years$955$594$356$207$118$16
42 years$922$565$334$191$107$13
43 years$890$539$313$177$97$12
44 years$860$513$294$163$88$10
45 years$832$490$276$151$80$8
46 years$804$467$259$139$73$7
47 years$778$446$244$129$66$6
48 years$753$425$229$119$60$5
49 years$730$406$215$110$55$5
50 years$707$388$202$101$50$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $724,000, adding $5,830 every year, while hoping to spend $51,720 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: 35/48/17 Blend
51$724,000$724,000$724,000$724,000
52$803,862$765,490$754,268$827,619
53$830,826$747,969$724,506$827,931
54$858,807$727,856$692,014$823,000
55$887,854$704,970$656,645$816,582
56$918,020$679,118$618,247$808,573
57$949,360$650,097$576,660$798,865
58$981,934$617,691$531,718$787,344
59$1,015,807$581,674$483,246$773,888
60$1,051,047$541,803$431,062$758,371
61$1,087,727$497,825$374,977$740,661
62$1,125,927$449,471$314,791$720,617
63$1,165,733$396,456$250,297$698,093
64$1,207,234$338,479$181,279$672,935
65$1,250,531$275,223$107,510$644,982
66$1,295,729$206,352$28,755$614,063
67$1,342,942$131,513$0$580,003
68$1,392,296$50,331$0$552,644
69$1,443,923$0$0$527,981
70$1,497,970$0$0$520,493
71$1,554,592$0$0$540,528
72$1,613,960$0$0$561,566
73$1,676,259$0$0$583,675
74$1,741,689$0$0$606,931
75$1,810,469$0$0$631,417
76$1,882,834$0$0$657,222
77$1,959,043$0$0$684,442
78$2,039,376$0$0$713,185
79$2,124,140$0$0$743,567
80$2,213,667$0$0$775,712
81$2,308,321$0$0$809,760
82$2,408,499$0$0$845,861
83$2,514,633$0$0$884,180
84$2,627,199$0$0$924,896
85$2,746,712$0$0$968,207
86$2,873,739$0$0$1,014,329
87$3,008,899$0$0$1,063,497
88$3,152,870$0$0$1,115,969
89$3,306,393$0$0$1,172,030
90$3,470,281$0$0$1,231,990
91$3,645,425$0$0$1,296,188
92$3,832,800$0$0$1,364,999
93$4,033,477$0$0$1,438,830
94$4,248,630$0$0$1,518,133
95$4,479,547$0$0$1,603,400
96$4,727,640$0$0$1,695,172
97$4,994,460$0$0$1,794,044
98$5,281,711$0$0$1,900,669
99$5,591,263$0$0$2,015,763
100$5,925,170$0$0$2,140,116