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%13.6%
1 years$61,274$60,728$60,195$59,676$59,168$58,284
2 years$30,333$29,769$29,221$28,690$28,175$27,286
3 years$20,021$19,454$18,908$18,382$17,876$17,010
4 years$14,866$14,301$13,760$13,243$12,749$11,913
5 years$11,774$11,212$10,678$10,172$9,692$8,888
6 years$9,713$9,155$8,630$8,135$7,669$6,898
7 years$8,242$7,689$7,171$6,688$6,237$5,499
8 years$7,139$6,591$6,082$5,610$5,174$4,469
9 years$6,281$5,738$5,238$4,779$4,357$3,686
10 years$5,596$5,058$4,567$4,119$3,713$3,073
11 years$5,035$4,503$4,021$3,585$3,193$2,585
12 years$4,569$4,042$3,568$3,145$2,767$2,190
13 years$4,174$3,652$3,188$2,776$2,413$1,866
14 years$3,836$3,320$2,864$2,464$2,115$1,598
15 years$3,543$3,033$2,586$2,198$1,862$1,373
16 years$3,287$2,783$2,345$1,968$1,646$1,184
17 years$3,062$2,563$2,134$1,768$1,459$1,024
18 years$2,862$2,368$1,948$1,593$1,298$888
19 years$2,683$2,195$1,783$1,440$1,157$771
20 years$2,522$2,039$1,636$1,304$1,033$671
21 years$2,376$1,900$1,505$1,184$924$585
22 years$2,245$1,773$1,387$1,076$829$510
23 years$2,124$1,658$1,281$980$744$446
24 years$2,014$1,554$1,185$894$669$390
25 years$1,913$1,458$1,097$816$602$341
26 years$1,820$1,370$1,018$746$542$299
27 years$1,734$1,290$945$683$489$262
28 years$1,654$1,215$878$626$441$230
29 years$1,580$1,147$817$574$398$201
30 years$1,510$1,083$761$527$360$177
31 years$1,446$1,024$710$484$325$155
32 years$1,385$969$662$445$294$136
33 years$1,329$917$618$409$266$120
34 years$1,276$869$578$376$241$105
35 years$1,226$825$540$346$218$92
36 years$1,178$783$505$319$198$81
37 years$1,134$743$473$294$179$71
38 years$1,092$706$443$271$163$63
39 years$1,052$672$415$250$147$55
40 years$1,014$639$389$230$134$49
41 years$979$608$365$213$121$43
42 years$945$579$342$196$110$38
43 years$912$552$321$181$100$33
44 years$882$526$301$167$91$29
45 years$852$502$283$154$82$26
46 years$824$479$266$143$75$23
47 years$798$457$250$132$68$20
48 years$772$436$235$122$62$17
49 years$748$416$221$113$56$15
50 years$724$398$207$104$51$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $742,000, adding $6,418 every year, while hoping to spend $49,410 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: 48/27/25 Blend
51$742,000$742,000$742,000$742,000
52$824,304$784,978$773,477$857,733
53$855,811$770,870$746,817$867,692
54$888,876$754,415$717,607$873,091
55$923,606$735,445$685,711$877,968
56$960,115$713,784$650,984$882,297
57$998,532$689,244$613,277$886,053
58$1,038,991$661,627$572,431$889,211
59$1,081,645$630,722$528,284$891,750
60$1,126,654$596,309$480,662$893,648
61$1,174,196$558,152$429,388$894,886
62$1,224,465$516,003$374,274$895,448
63$1,277,673$469,599$315,125$895,321
64$1,334,049$418,663$251,735$894,497
65$1,393,847$362,902$183,893$892,970
66$1,457,341$302,007$111,375$890,741
67$1,524,834$235,648$33,950$887,818
68$1,596,654$163,482$0$884,213
69$1,673,163$85,143$0$892,934
70$1,754,756$246$0$911,537
71$1,841,866$0$0$931,069
72$1,934,967$0$0$978,880
73$2,034,578$0$0$1,030,164
74$2,141,271$0$0$1,085,150
75$2,255,671$0$0$1,144,167
76$2,378,462$0$0$1,207,575
77$2,510,399$0$0$1,275,773
78$2,652,308$0$0$1,349,195
79$2,805,096$0$0$1,428,319
80$2,969,758$0$0$1,513,672
81$3,147,391$0$0$1,605,831
82$3,339,195$0$0$1,705,429
83$3,546,493$0$0$1,813,163
84$3,770,736$0$0$1,929,801
85$4,013,521$0$0$2,056,185
86$4,276,603$0$0$2,193,240
87$4,561,910$0$0$2,341,985
88$4,871,565$0$0$2,503,541
89$5,207,901$0$0$2,679,140
90$5,573,486$0$0$2,870,137
91$5,971,144$0$0$3,078,025
92$6,403,982$0$0$3,304,444
93$6,875,418$0$0$3,551,200
94$7,389,214$0$0$3,820,281
95$7,949,512$0$0$4,113,874
96$8,560,868$0$0$4,434,387
97$9,228,298$0$0$4,784,471
98$9,957,324$0$0$5,167,043
99$10,754,025$0$0$5,585,317
100$11,625,092$0$0$6,042,828