Can I retire at age 52 with 711,000?

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 $711,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$58,714$58,191$57,680$57,182$56,696$55,918
2 years$29,066$28,525$28,000$27,492$26,998$26,216
3 years$19,185$18,641$18,118$17,614$17,129$16,366
4 years$14,245$13,703$13,185$12,690$12,216$11,480
5 years$11,282$10,744$10,232$9,747$9,287$8,578
6 years$9,308$8,773$8,269$7,795$7,348$6,668
7 years$7,898$7,368$6,872$6,409$5,976$5,325
8 years$6,841$6,315$5,828$5,376$4,958$4,335
9 years$6,019$5,499$5,019$4,579$4,175$3,581
10 years$5,362$4,847$4,376$3,947$3,557$2,992
11 years$4,825$4,315$3,853$3,435$3,060$2,522
12 years$4,378$3,873$3,419$3,013$2,651$2,140
13 years$3,999$3,500$3,055$2,660$2,312$1,827
14 years$3,676$3,181$2,745$2,361$2,027$1,568
15 years$3,395$2,906$2,478$2,106$1,784$1,350
16 years$3,150$2,666$2,247$1,886$1,577$1,167
17 years$2,934$2,456$2,044$1,694$1,398$1,011
18 years$2,742$2,269$1,866$1,527$1,243$879
19 years$2,571$2,103$1,709$1,380$1,108$765
20 years$2,416$1,954$1,568$1,250$990$667
21 years$2,277$1,820$1,442$1,134$886$583
22 years$2,151$1,699$1,329$1,031$794$509
23 years$2,035$1,589$1,227$939$713$446
24 years$1,930$1,489$1,135$856$641$391
25 years$1,833$1,397$1,051$782$576$343
26 years$1,744$1,313$975$715$519$301
27 years$1,661$1,236$905$655$468$264
28 years$1,585$1,165$842$600$422$232
29 years$1,514$1,099$783$550$381$204
30 years$1,447$1,038$730$505$345$180
31 years$1,385$981$680$464$312$158
32 years$1,328$928$635$426$282$139
33 years$1,273$879$593$392$255$123
34 years$1,222$833$554$360$231$108
35 years$1,174$790$518$332$209$95
36 years$1,129$750$484$306$190$84
37 years$1,087$712$453$282$172$74
38 years$1,046$677$424$260$156$65
39 years$1,008$644$398$239$141$58
40 years$972$612$373$221$128$51
41 years$938$583$349$204$116$45
42 years$905$555$328$188$105$39
43 years$874$529$308$173$96$35
44 years$845$504$289$160$87$31
45 years$817$481$271$148$79$27
46 years$790$459$255$137$72$24
47 years$764$438$239$126$65$21
48 years$740$418$225$117$59$19
49 years$717$399$211$108$54$16
50 years$694$381$199$100$49$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $711,000, adding $2,613 every year, while hoping to spend $50,695 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: 28/42/30 Blend
51$711,000$711,000$711,000$711,000
52$786,217$748,534$737,514$800,891
53$812,472$731,273$708,281$795,676
54$839,706$711,468$676,371$785,560
55$867,966$688,939$641,638$773,689
56$897,300$663,498$603,935$759,949
57$927,761$634,946$563,103$744,219
58$959,406$603,072$518,980$726,374
59$992,294$567,651$471,395$706,280
60$1,026,491$528,449$420,169$683,798
61$1,062,064$485,214$365,117$658,782
62$1,099,088$437,684$306,042$631,078
63$1,137,643$385,578$242,742$600,525
64$1,177,814$328,602$175,005$566,953
65$1,219,692$266,445$102,608$530,184
66$1,263,376$198,776$25,322$490,033
67$1,308,973$125,249$0$446,305
68$1,356,599$45,497$0$417,091
69$1,406,377$0$0$393,720
70$1,458,441$0$0$386,828
71$1,512,937$0$0$401,653
72$1,570,022$0$0$417,214
73$1,629,867$0$0$433,562
74$1,692,657$0$0$450,752
75$1,758,593$0$0$468,844
76$1,827,893$0$0$487,903
77$1,900,794$0$0$508,000
78$1,977,554$0$0$529,212
79$2,058,454$0$0$551,624
80$2,143,801$0$0$575,327
81$2,233,927$0$0$600,422
82$2,329,198$0$0$627,019
83$2,430,009$0$0$655,238
84$2,536,795$0$0$685,209
85$2,650,029$0$0$717,076
86$2,770,230$0$0$750,995
87$2,897,962$0$0$787,139
88$3,033,846$0$0$825,695
89$3,178,560$0$0$866,869
90$3,332,845$0$0$910,888
91$3,497,514$0$0$957,997
92$3,673,459$0$0$1,008,469
93$3,861,654$0$0$1,062,600
94$4,063,171$0$0$1,120,718
95$4,279,182$0$0$1,183,181
96$4,510,976$0$0$1,250,381
97$4,759,966$0$0$1,322,751
98$5,027,702$0$0$1,400,766
99$5,315,887$0$0$1,484,945
100$5,626,390$0$0$1,575,861