Can I retire at age 52 with 741,000?

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 $741,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$61,191$60,646$60,114$59,595$59,088$57,990
2 years$30,293$29,728$29,182$28,652$28,137$27,035
3 years$19,994$19,428$18,882$18,357$17,851$16,779
4 years$14,846$14,282$13,742$13,225$12,732$11,698
5 years$11,758$11,197$10,664$10,158$9,679$8,686
6 years$9,700$9,143$8,618$8,124$7,658$6,709
7 years$8,231$7,678$7,162$6,679$6,228$5,322
8 years$7,129$6,582$6,074$5,603$5,167$4,303
9 years$6,273$5,731$5,231$4,772$4,351$3,529
10 years$5,588$5,051$4,561$4,114$3,708$2,927
11 years$5,029$4,497$4,015$3,580$3,189$2,448
12 years$4,562$4,036$3,563$3,140$2,763$2,062
13 years$4,168$3,647$3,184$2,772$2,410$1,747
14 years$3,831$3,315$2,861$2,461$2,112$1,486
15 years$3,538$3,029$2,583$2,195$1,860$1,270
16 years$3,283$2,779$2,342$1,965$1,644$1,088
17 years$3,058$2,559$2,131$1,766$1,457$935
18 years$2,858$2,365$1,945$1,591$1,296$805
19 years$2,679$2,192$1,781$1,438$1,155$695
20 years$2,518$2,037$1,634$1,302$1,032$601
21 years$2,373$1,897$1,503$1,182$923$520
22 years$2,242$1,771$1,385$1,075$828$450
23 years$2,121$1,656$1,279$979$743$391
24 years$2,011$1,552$1,183$893$668$339
25 years$1,910$1,456$1,096$815$601$295
26 years$1,817$1,369$1,016$745$541$256
27 years$1,731$1,288$944$682$488$223
28 years$1,652$1,214$877$625$440$194
29 years$1,577$1,145$816$573$398$169
30 years$1,508$1,081$760$526$359$147
31 years$1,444$1,022$709$483$325$128
32 years$1,384$967$661$444$294$112
33 years$1,327$916$618$408$266$98
34 years$1,274$868$577$376$241$85
35 years$1,224$823$539$346$218$74
36 years$1,177$782$505$319$198$65
37 years$1,132$742$472$293$179$56
38 years$1,090$705$442$270$162$49
39 years$1,051$671$414$249$147$43
40 years$1,013$638$388$230$134$38
41 years$977$608$364$212$121$33
42 years$943$579$342$196$110$29
43 years$911$551$321$181$100$25
44 years$880$525$301$167$91$22
45 years$851$501$283$154$82$19
46 years$823$478$265$142$75$17
47 years$797$456$249$132$68$15
48 years$771$435$234$122$62$13
49 years$747$416$220$112$56$11
50 years$723$397$207$104$51$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $741,000, adding $6,508 every year, while hoping to spend $31,073 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: 51/34/15 Blend
51$741,000$741,000$741,000$741,000
52$823,295$784,022$772,537$861,605
53$874,210$789,378$765,355$893,949
54$929,276$793,954$756,892$925,294
55$988,885$797,681$747,070$958,681
56$1,053,466$800,482$735,812$994,313
57$1,123,492$802,278$723,034$1,032,412
58$1,199,481$802,982$708,648$1,073,227
59$1,282,005$802,505$692,564$1,117,034
60$1,371,691$800,750$674,688$1,164,134
61$1,469,232$797,615$654,918$1,214,867
62$1,575,387$792,992$633,151$1,269,603
63$1,690,994$786,765$609,279$1,328,756
64$1,816,972$778,813$583,186$1,392,782
65$1,954,335$769,007$554,755$1,462,186
66$2,104,198$757,209$523,860$1,537,526
67$2,267,789$743,275$490,372$1,619,421
68$2,446,458$727,050$454,154$1,708,553
69$2,641,693$708,372$415,064$1,805,680
70$2,855,131$687,068$372,955$1,911,636
71$3,088,576$662,956$327,670$2,027,347
72$3,344,012$635,842$279,048$2,153,833
73$3,623,625$605,522$226,920$2,292,224
74$3,929,822$571,780$171,110$2,443,770
75$4,265,254$534,387$111,432$2,609,848
76$4,632,839$493,101$47,694$2,791,984
77$5,035,793$447,667$0$2,991,863
78$5,477,655$397,815$0$3,214,599
79$5,962,327$343,259$0$3,467,352
80$6,494,102$283,696$0$3,744,787
81$7,077,713$218,809$0$4,049,450
82$7,718,370$148,261$0$4,384,148
83$8,421,813$71,696$0$4,751,982
84$9,194,368$0$0$5,156,370
85$10,042,999$0$0$5,605,301
86$10,975,381$0$0$6,128,088
87$11,999,968$0$0$6,702,657
88$13,126,073$0$0$7,334,241
89$14,363,958$0$0$8,028,606
90$15,724,926$0$0$8,792,105
91$17,221,431$0$0$9,631,734
92$18,867,197$0$0$10,555,204
93$20,677,339$0$0$11,571,012
94$22,668,515$0$0$12,688,515
95$24,859,076$0$0$13,918,028
96$27,269,244$0$0$15,270,912
97$29,921,297$0$0$16,759,688
98$32,839,783$0$0$18,398,150
99$36,051,750$0$0$20,201,498
100$39,586,999$0$0$22,186,480