Can I retire at age 52 with 744,000?

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 $744,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$61,439$60,892$60,358$59,836$59,328$58,177
2 years$30,415$29,849$29,300$28,768$28,251$27,097
3 years$20,075$19,507$18,959$18,432$17,924$16,802
4 years$14,907$14,339$13,797$13,279$12,783$11,702
5 years$11,806$11,242$10,707$10,200$9,718$8,680
6 years$9,740$9,180$8,653$8,157$7,689$6,697
7 years$8,264$7,709$7,191$6,706$6,253$5,306
8 years$7,158$6,608$6,098$5,626$5,188$4,285
9 years$6,298$5,754$5,252$4,792$4,369$3,511
10 years$5,611$5,072$4,579$4,130$3,723$2,908
11 years$5,049$4,515$4,031$3,595$3,202$2,429
12 years$4,581$4,052$3,578$3,153$2,774$2,043
13 years$4,185$3,662$3,197$2,784$2,419$1,729
14 years$3,846$3,329$2,872$2,471$2,121$1,469
15 years$3,553$3,041$2,593$2,204$1,867$1,253
16 years$3,296$2,790$2,351$1,973$1,650$1,072
17 years$3,070$2,570$2,139$1,773$1,463$920
18 years$2,869$2,374$1,953$1,598$1,301$791
19 years$2,690$2,201$1,788$1,444$1,160$682
20 years$2,529$2,045$1,641$1,308$1,036$588
21 years$2,383$1,905$1,509$1,187$927$509
22 years$2,251$1,778$1,391$1,079$831$440
23 years$2,130$1,663$1,284$983$746$381
24 years$2,020$1,558$1,188$896$670$330
25 years$1,918$1,462$1,100$818$603$287
26 years$1,825$1,374$1,020$748$543$249
27 years$1,738$1,293$947$685$490$216
28 years$1,658$1,219$881$628$442$188
29 years$1,584$1,150$820$576$399$163
30 years$1,514$1,086$763$528$361$142
31 years$1,450$1,026$712$485$326$124
32 years$1,389$971$664$446$295$108
33 years$1,332$920$620$410$267$94
34 years$1,279$872$579$377$242$81
35 years$1,229$827$542$347$219$71
36 years$1,182$785$507$320$198$62
37 years$1,137$745$474$295$180$54
38 years$1,095$708$444$272$163$47
39 years$1,055$674$416$250$148$41
40 years$1,017$641$390$231$134$36
41 years$981$610$366$213$122$31
42 years$947$581$343$197$110$27
43 years$915$553$322$182$100$24
44 years$884$528$302$168$91$21
45 years$855$503$284$155$83$18
46 years$827$480$266$143$75$16
47 years$800$458$250$132$68$14
48 years$774$437$235$122$62$12
49 years$750$418$221$113$56$10
50 years$726$399$208$104$51$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $744,000, adding $5,245 every year, while hoping to spend $39,992 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: 37/50/13 Blend
51$744,000$744,000$744,000$744,000
52$825,298$785,866$774,334$852,369
53$866,927$781,822$757,723$868,184
54$911,463$776,240$739,215$881,018
55$959,158$769,002$718,705$894,005
56$1,010,291$759,983$696,081$907,179
57$1,065,170$749,051$671,229$920,580
58$1,124,128$736,065$644,026$934,256
59$1,187,536$720,879$614,347$948,260
60$1,255,796$703,333$582,059$962,660
61$1,329,353$683,263$547,025$977,529
62$1,408,696$660,491$509,098$992,955
63$1,494,359$634,832$468,130$1,009,039
64$1,586,933$606,087$423,961$1,025,896
65$1,687,063$574,049$376,427$1,043,658
66$1,795,462$538,496$325,356$1,062,477
67$1,912,912$499,195$270,568$1,082,525
68$2,040,273$455,899$211,876$1,103,999
69$2,178,490$408,348$149,083$1,127,120
70$2,328,604$356,265$81,985$1,152,142
71$2,491,758$299,358$10,368$1,179,348
72$2,669,212$237,321$0$1,209,062
73$2,862,350$169,828$0$1,250,808
74$3,072,695$96,536$0$1,297,964
75$3,301,925$17,081$0$1,349,582
76$3,551,885$0$0$1,406,213
77$3,824,605$0$0$1,506,394
78$4,122,321$0$0$1,626,114
79$4,447,493$0$0$1,756,976
80$4,802,832$0$0$1,900,084
81$5,191,318$0$0$2,056,651
82$5,616,235$0$0$2,228,015
83$6,081,199$0$0$2,415,648
84$6,590,191$0$0$2,621,172
85$7,147,594$0$0$2,846,371
86$7,758,237$0$0$3,093,213
87$8,427,435$0$0$3,363,862
88$9,161,044$0$0$3,660,705
89$9,965,512$0$0$3,986,369
90$10,847,942$0$0$4,343,746
91$11,816,158$0$0$4,736,026
92$12,878,775$0$0$5,166,718
93$14,045,287$0$0$5,639,690
94$15,326,149$0$0$6,159,204
95$16,732,879$0$0$6,729,953
96$18,278,163$0$0$7,357,107
97$19,975,981$0$0$8,046,363
98$21,841,729$0$0$8,803,996
99$23,892,373$0$0$9,636,920
100$26,146,599$0$0$10,552,752