Can I retire at age 52 with 788,000?

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 $788,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$65,072$64,493$63,927$63,375$62,836$60,343
2 years$32,214$31,614$31,033$30,469$29,922$27,441
3 years$21,263$20,660$20,080$19,522$18,984$16,593
4 years$15,788$15,187$14,613$14,064$13,539$11,257
5 years$12,504$11,907$11,340$10,803$10,292$8,125
6 years$10,316$9,723$9,165$8,639$8,144$6,092
7 years$8,753$8,165$7,616$7,103$6,623$4,686
8 years$7,582$6,999$6,459$5,958$5,495$3,671
9 years$6,671$6,094$5,563$5,075$4,627$2,914
10 years$5,943$5,372$4,850$4,375$3,943$2,336
11 years$5,348$4,782$4,270$3,807$3,391$1,887
12 years$4,852$4,292$3,789$3,340$2,938$1,534
13 years$4,433$3,879$3,386$2,948$2,562$1,253
14 years$4,074$3,526$3,042$2,617$2,246$1,027
15 years$3,763$3,221$2,746$2,334$1,978$845
16 years$3,491$2,955$2,490$2,090$1,748$696
17 years$3,252$2,721$2,266$1,878$1,550$575
18 years$3,039$2,515$2,068$1,692$1,378$476
19 years$2,849$2,331$1,894$1,529$1,228$394
20 years$2,678$2,166$1,738$1,385$1,097$327
21 years$2,524$2,017$1,598$1,257$982$272
22 years$2,384$1,883$1,473$1,143$880$226
23 years$2,256$1,761$1,360$1,041$790$188
24 years$2,139$1,650$1,258$949$710$156
25 years$2,032$1,549$1,165$867$639$130
26 years$1,933$1,455$1,081$793$576$108
27 years$1,841$1,370$1,003$726$519$90
28 years$1,756$1,291$933$665$468$75
29 years$1,677$1,218$868$610$423$63
30 years$1,604$1,150$809$559$382$52
31 years$1,535$1,087$754$514$345$43
32 years$1,471$1,029$703$472$312$36
33 years$1,411$974$657$434$283$30
34 years$1,355$923$614$400$256$25
35 years$1,302$876$574$368$232$21
36 years$1,252$831$537$339$210$17
37 years$1,204$789$502$312$190$15
38 years$1,160$750$470$288$173$12
39 years$1,117$713$441$265$157$10
40 years$1,077$679$413$245$142$8
41 years$1,039$646$387$226$129$7
42 years$1,003$615$363$208$117$6
43 years$969$586$341$192$106$5
44 years$936$559$320$178$96$4
45 years$905$533$300$164$87$3
46 years$875$508$282$151$79$3
47 years$847$485$265$140$72$2
48 years$820$463$249$129$65$2
49 years$794$442$234$119$59$2
50 years$769$422$220$110$54$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $788,000, adding $3,971 every year, while hoping to spend $44,225 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: 66/11/23 Blend
51$788,000$788,000$788,000$788,000
52$872,472$830,708$818,494$924,653
53$914,409$824,358$798,859$953,867
54$959,142$816,214$777,083$980,405
55$1,006,908$806,142$753,049$1,008,395
56$1,057,969$794,000$726,633$1,037,979
57$1,112,612$779,636$697,705$1,069,319
58$1,171,150$762,890$666,130$1,102,592
59$1,233,929$743,593$631,767$1,137,996
60$1,301,325$721,564$594,466$1,175,750
61$1,373,754$696,615$554,075$1,216,097
62$1,451,672$668,544$510,431$1,259,307
63$1,535,577$637,137$463,365$1,305,679
64$1,626,020$602,171$412,702$1,355,545
65$1,723,603$563,406$358,256$1,409,271
66$1,828,988$520,591$299,836$1,467,266
67$1,942,905$473,460$237,241$1,529,981
68$2,066,153$421,731$170,260$1,597,915
69$2,199,613$365,108$98,676$1,671,623
70$2,344,250$303,275$22,258$1,751,717
71$2,501,130$235,902$0$1,838,876
72$2,671,420$162,636$0$1,948,402
73$2,856,409$83,109$0$2,073,351
74$3,057,510$0$0$2,209,238
75$3,276,280$0$0$2,357,519
76$3,514,432$0$0$2,529,932
77$3,773,851$0$0$2,717,788
78$4,056,611$0$0$2,922,594
79$4,364,994$0$0$3,146,009
80$4,701,511$0$0$3,389,860
81$5,068,930$0$0$3,656,157
82$5,470,292$0$0$3,947,112
83$5,908,950$0$0$4,265,164
84$6,388,593$0$0$4,612,993
85$6,913,283$0$0$4,993,553
86$7,487,492$0$0$5,410,096
87$8,116,146$0$0$5,866,204
88$8,804,667$0$0$6,365,820
89$9,559,030$0$0$6,913,286
90$10,385,810$0$0$7,513,385
91$11,292,252$0$0$8,171,385
92$12,286,335$0$0$8,893,088
93$13,376,845$0$0$9,684,883
94$14,573,463$0$0$10,553,810
95$15,886,849$0$0$11,507,621
96$17,328,748$0$0$12,554,856
97$18,912,096$0$0$13,704,923
98$20,651,144$0$0$14,968,185
99$22,561,590$0$0$16,356,059
100$24,660,729$0$0$17,881,121