Can I retire at age 52 with 740,000?

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 $740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$61,109$60,564$60,033$59,515$59,009$57,629
2 years$30,252$29,688$29,142$28,613$28,099$26,717
3 years$19,967$19,402$18,857$18,333$17,827$16,486
4 years$14,826$14,262$13,723$13,208$12,715$11,424
5 years$11,743$11,182$10,650$10,145$9,665$8,430
6 years$9,687$9,131$8,607$8,113$7,648$6,468
7 years$8,220$7,668$7,152$6,670$6,220$5,096
8 years$7,120$6,573$6,066$5,595$5,160$4,092
9 years$6,265$5,723$5,224$4,766$4,345$3,332
10 years$5,581$5,044$4,555$4,108$3,703$2,743
11 years$5,022$4,491$4,010$3,575$3,184$2,277
12 years$4,556$4,031$3,559$3,136$2,759$1,903
13 years$4,163$3,643$3,179$2,769$2,406$1,599
14 years$3,826$3,311$2,857$2,458$2,109$1,350
15 years$3,534$3,025$2,579$2,192$1,857$1,143
16 years$3,278$2,775$2,338$1,963$1,641$972
17 years$3,054$2,556$2,128$1,763$1,455$828
18 years$2,854$2,362$1,942$1,589$1,294$707
19 years$2,675$2,189$1,778$1,436$1,153$604
20 years$2,515$2,034$1,632$1,301$1,030$518
21 years$2,370$1,894$1,501$1,180$922$444
22 years$2,238$1,768$1,383$1,073$826$381
23 years$2,119$1,654$1,277$977$742$328
24 years$2,009$1,550$1,181$891$667$282
25 years$1,908$1,454$1,094$814$600$242
26 years$1,815$1,367$1,015$744$540$209
27 years$1,729$1,286$942$681$487$180
28 years$1,649$1,212$876$624$440$155
29 years$1,575$1,143$815$572$397$134
30 years$1,506$1,080$759$525$359$115
31 years$1,442$1,021$708$483$324$100
32 years$1,382$966$661$443$293$86
33 years$1,325$915$617$408$266$74
34 years$1,272$867$576$375$240$64
35 years$1,222$822$539$345$218$55
36 years$1,175$780$504$318$197$48
37 years$1,131$741$472$293$179$41
38 years$1,089$704$442$270$162$36
39 years$1,049$670$414$249$147$31
40 years$1,012$637$388$230$133$27
41 years$976$607$364$212$121$23
42 years$942$578$341$196$110$20
43 years$910$551$320$181$100$17
44 years$879$525$301$167$90$15
45 years$850$500$282$154$82$13
46 years$822$477$265$142$75$11
47 years$796$456$249$131$68$10
48 years$770$435$234$121$61$8
49 years$746$415$220$112$56$7
50 years$722$397$207$104$51$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $740,000, adding $6,196 every year, while hoping to spend $27,489 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: 62/12/26 Blend
51$740,000$740,000$740,000$740,000
52$821,871$782,651$771,181$866,782
53$876,454$791,753$767,768$907,077
54$935,683$800,379$763,318$947,507
55$1,000,003$808,478$757,770$991,056
56$1,069,903$815,994$751,055$1,038,032
57$1,145,922$822,866$743,104$1,088,779
58$1,228,652$829,033$733,844$1,143,672
59$1,318,744$834,425$723,198$1,203,129
60$1,416,917$838,972$711,085$1,267,608
61$1,523,958$842,597$697,422$1,337,617
62$1,640,736$845,220$682,121$1,413,715
63$1,768,208$846,752$665,089$1,496,520
64$1,907,426$847,103$646,230$1,586,713
65$2,059,548$846,176$625,443$1,685,047
66$2,225,849$843,867$602,623$1,792,353
67$2,407,735$840,065$577,660$1,909,545
68$2,606,751$834,655$550,438$2,037,636
69$2,824,599$827,513$520,838$2,177,740
70$3,063,155$818,508$488,732$2,331,088
71$3,324,482$807,500$453,991$2,499,037
72$3,610,855$794,343$416,475$2,683,087
73$3,924,777$778,881$376,041$2,884,889
74$4,269,005$760,947$332,540$3,106,266
75$4,646,578$740,368$285,815$3,349,231
76$5,060,841$716,958$235,701$3,616,000
77$5,515,478$690,520$182,028$3,909,023
78$6,014,549$660,848$124,618$4,230,997
79$6,562,525$627,721$63,285$4,584,901
80$7,164,330$590,907$0$4,974,017
81$7,825,391$550,161$0$5,402,570
82$8,551,685$505,223$0$5,892,727
83$9,349,796$455,818$0$6,431,377
84$10,226,979$401,656$0$7,023,440
85$11,191,224$342,431$0$7,674,335
86$12,251,337$277,818$0$8,390,039
87$13,417,017$207,475$0$9,177,134
88$14,698,952$131,041$0$10,042,877
89$16,108,917$48,133$0$10,995,265
90$17,659,884$0$0$12,043,108
91$19,366,148$0$0$13,201,621
92$21,243,456$0$0$14,483,324
93$23,309,162$0$0$15,893,719
94$25,582,384$0$0$17,445,866
95$28,084,189$0$0$19,154,158
96$30,837,789$0$0$21,034,454
97$33,868,759$0$0$23,104,227
98$37,205,283$0$0$25,382,731
99$40,878,412$0$0$27,891,182
100$44,922,363$0$0$30,652,956