Can I retire at age 52 with 740,000?

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 $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%17.9%
1 years$61,109$60,564$60,033$59,515$59,009$57,120
2 years$30,252$29,688$29,142$28,613$28,099$26,214
3 years$19,967$19,402$18,857$18,333$17,827$16,004
4 years$14,826$14,262$13,723$13,208$12,715$10,968
5 years$11,743$11,182$10,650$10,145$9,665$8,000
6 years$9,687$9,131$8,607$8,113$7,648$6,065
7 years$8,220$7,668$7,152$6,670$6,220$4,719
8 years$7,120$6,573$6,066$5,595$5,160$3,740
9 years$6,265$5,723$5,224$4,766$4,345$3,006
10 years$5,581$5,044$4,555$4,108$3,703$2,440
11 years$5,022$4,491$4,010$3,575$3,184$1,998
12 years$4,556$4,031$3,559$3,136$2,759$1,645
13 years$4,163$3,643$3,179$2,769$2,406$1,362
14 years$3,826$3,311$2,857$2,458$2,109$1,133
15 years$3,534$3,025$2,579$2,192$1,857$945
16 years$3,278$2,775$2,338$1,963$1,641$790
17 years$3,054$2,556$2,128$1,763$1,455$662
18 years$2,854$2,362$1,942$1,589$1,294$556
19 years$2,675$2,189$1,778$1,436$1,153$468
20 years$2,515$2,034$1,632$1,301$1,030$394
21 years$2,370$1,894$1,501$1,180$922$332
22 years$2,238$1,768$1,383$1,073$826$281
23 years$2,119$1,654$1,277$977$742$237
24 years$2,009$1,550$1,181$891$667$200
25 years$1,908$1,454$1,094$814$600$169
26 years$1,815$1,367$1,015$744$540$143
27 years$1,729$1,286$942$681$487$121
28 years$1,649$1,212$876$624$440$103
29 years$1,575$1,143$815$572$397$87
30 years$1,506$1,080$759$525$359$74
31 years$1,442$1,021$708$483$324$62
32 years$1,382$966$661$443$293$53
33 years$1,325$915$617$408$266$45
34 years$1,272$867$576$375$240$38
35 years$1,222$822$539$345$218$32
36 years$1,175$780$504$318$197$27
37 years$1,131$741$472$293$179$23
38 years$1,089$704$442$270$162$20
39 years$1,049$670$414$249$147$17
40 years$1,012$637$388$230$133$14
41 years$976$607$364$212$121$12
42 years$942$578$341$196$110$10
43 years$910$551$320$181$100$9
44 years$879$525$301$167$90$7
45 years$850$500$282$154$82$6
46 years$822$477$265$142$75$5
47 years$796$456$249$131$68$4
48 years$770$435$234$121$61$4
49 years$746$415$220$112$56$3
50 years$722$397$207$104$51$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $740,000, adding $2,821 every year, while hoping to spend $23,262 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: 89/6/5 Blend
51$740,000$740,000$740,000$740,000
52$818,390$779,170$767,700$891,095
53$877,115$792,599$768,667$952,225
54$941,051$805,906$768,887$1,015,855
55$1,010,703$819,061$768,311$1,085,044
56$1,086,631$832,031$766,885$1,160,334
57$1,169,448$844,781$764,556$1,242,323
58$1,259,829$857,273$761,266$1,331,668
59$1,358,519$869,466$756,956$1,429,092
60$1,466,336$881,318$751,562$1,535,394
61$1,584,182$892,782$745,019$1,651,451
62$1,713,049$903,809$737,258$1,778,229
63$1,854,030$914,345$728,206$1,916,794
64$2,008,327$924,335$717,787$2,068,318
65$2,177,267$933,717$705,923$2,234,092
66$2,362,307$942,428$692,530$2,415,540
67$2,565,054$950,399$677,522$2,614,227
68$2,787,278$957,557$660,807$2,831,882
69$3,030,927$963,824$642,291$3,070,404
70$3,298,148$969,118$621,874$3,331,889
71$3,591,304$973,350$599,453$3,618,645
72$3,913,000$976,427$574,917$3,933,214
73$4,266,104$978,250$548,154$4,278,397
74$4,653,774$978,712$519,045$4,657,279
75$5,079,492$977,701$487,466$5,073,261
76$5,547,090$975,098$453,286$5,530,089
77$6,060,792$970,777$416,370$6,031,890
78$6,625,250$964,603$376,576$6,583,211
79$7,245,591$956,433$333,756$7,189,063
80$7,927,460$946,117$287,755$7,854,967
81$8,677,078$933,494$238,413$8,587,005
82$9,501,299$918,395$185,559$9,391,881
83$10,407,675$900,639$129,018$10,276,979
84$11,404,524$880,037$68,606$11,250,439
85$12,501,012$856,385$4,132$12,321,227
86$13,707,239$829,472$0$13,499,225
87$15,034,331$799,070$0$14,798,771
88$16,494,549$764,941$0$16,228,873
89$18,101,401$726,830$0$17,802,543
90$19,869,770$684,472$0$19,534,363
91$21,816,057$637,581$0$21,440,398
92$23,958,332$585,859$0$23,538,354
93$26,316,505$528,990$0$25,847,738
94$28,912,516$466,638$0$28,390,047
95$31,770,540$398,451$0$31,188,970
96$34,917,214$324,054$0$34,270,607
97$38,381,890$243,053$0$37,663,724
98$42,196,912$155,031$0$41,400,014
99$46,397,918$59,549$0$45,514,405
100$51,024,180$0$0$50,045,383