Can I retire at age 52 with 742,000?

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 $742,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$61,274$60,728$60,195$59,676$59,168$57,069
2 years$30,333$29,769$29,221$28,690$28,175$26,083
3 years$20,021$19,454$18,908$18,382$17,876$15,855
4 years$14,866$14,301$13,760$13,243$12,749$10,817
5 years$11,774$11,212$10,678$10,172$9,692$7,852
6 years$9,713$9,155$8,630$8,135$7,669$5,924
7 years$8,242$7,689$7,171$6,688$6,237$4,585
8 years$7,139$6,591$6,082$5,610$5,174$3,615
9 years$6,281$5,738$5,238$4,779$4,357$2,889
10 years$5,596$5,058$4,567$4,119$3,713$2,333
11 years$5,035$4,503$4,021$3,585$3,193$1,898
12 years$4,569$4,042$3,568$3,145$2,767$1,554
13 years$4,174$3,652$3,188$2,776$2,413$1,279
14 years$3,836$3,320$2,864$2,464$2,115$1,057
15 years$3,543$3,033$2,586$2,198$1,862$876
16 years$3,287$2,783$2,345$1,968$1,646$728
17 years$3,062$2,563$2,134$1,768$1,459$606
18 years$2,862$2,368$1,948$1,593$1,298$506
19 years$2,683$2,195$1,783$1,440$1,157$422
20 years$2,522$2,039$1,636$1,304$1,033$353
21 years$2,376$1,900$1,505$1,184$924$296
22 years$2,245$1,773$1,387$1,076$829$248
23 years$2,124$1,658$1,281$980$744$208
24 years$2,014$1,554$1,185$894$669$175
25 years$1,913$1,458$1,097$816$602$147
26 years$1,820$1,370$1,018$746$542$123
27 years$1,734$1,290$945$683$489$103
28 years$1,654$1,215$878$626$441$87
29 years$1,580$1,147$817$574$398$73
30 years$1,510$1,083$761$527$360$61
31 years$1,446$1,024$710$484$325$52
32 years$1,385$969$662$445$294$43
33 years$1,329$917$618$409$266$37
34 years$1,276$869$578$376$241$31
35 years$1,226$825$540$346$218$26
36 years$1,178$783$505$319$198$22
37 years$1,134$743$473$294$179$18
38 years$1,092$706$443$271$163$15
39 years$1,052$672$415$250$147$13
40 years$1,014$639$389$230$134$11
41 years$979$608$365$213$121$9
42 years$945$579$342$196$110$8
43 years$912$552$321$181$100$7
44 years$882$526$301$167$91$5
45 years$852$502$283$154$82$5
46 years$824$479$266$143$75$4
47 years$798$457$250$132$68$3
48 years$772$436$235$122$62$3
49 years$748$416$221$113$56$2
50 years$724$398$207$104$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $742,000, adding $2,237 every year, while hoping to spend $40,989 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: 47/30/23 Blend
51$742,000$742,000$742,000$742,000
52$819,991$780,665$769,164$853,054
53$860,019$775,306$751,319$871,087
54$902,755$768,310$731,503$886,406
55$948,433$759,555$709,605$902,204
56$997,309$748,908$685,513$918,544
57$1,049,662$736,233$659,105$935,500
58$1,105,800$721,381$630,258$953,154
59$1,166,060$704,197$598,840$971,602
60$1,230,812$684,516$564,714$990,951
61$1,300,461$662,164$527,739$1,011,322
62$1,375,454$636,956$487,764$1,032,852
63$1,456,280$608,697$444,635$1,055,698
64$1,543,478$577,180$398,186$1,080,033
65$1,637,637$542,186$348,250$1,106,055
66$1,739,407$503,484$294,648$1,133,985
67$1,849,502$460,830$237,194$1,164,072
68$1,968,705$413,965$175,694$1,196,594
69$2,097,880$362,616$109,947$1,231,865
70$2,237,974$306,495$39,740$1,270,235
71$2,390,031$245,296$0$1,312,095
72$2,555,196$178,698$0$1,366,517
73$2,734,732$106,360$0$1,436,326
74$2,930,026$27,923$0$1,512,365
75$3,142,604$0$0$1,595,304
76$3,374,148$0$0$1,704,702
77$3,626,506$0$0$1,834,057
78$3,901,713$0$0$1,975,203
79$4,202,008$0$0$2,129,300
80$4,529,855$0$0$2,297,622
81$4,887,970$0$0$2,481,574
82$5,279,338$0$0$2,682,701
83$5,707,249$0$0$2,902,706
84$6,175,323$0$0$3,143,461
85$6,687,549$0$0$3,407,031
86$7,248,314$0$0$3,695,687
87$7,862,455$0$0$4,011,932
88$8,535,295$0$0$4,358,522
89$9,272,697$0$0$4,738,491
90$10,081,118$0$0$5,155,182
91$10,967,671$0$0$5,612,277
92$11,940,187$0$0$6,113,830
93$13,007,295$0$0$6,664,308
94$14,178,499$0$0$7,268,632
95$15,464,265$0$0$7,932,220
96$16,876,126$0$0$8,661,043
97$18,426,783$0$0$9,461,677
98$20,130,231$0$0$10,341,368
99$22,001,883$0$0$11,308,098
100$24,058,723$0$0$12,370,660