Can I retire at age 52 with 713,000?

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 $713,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$58,879$58,354$57,843$57,343$56,856$56,616
2 years$29,148$28,605$28,079$27,569$27,074$26,832
3 years$19,239$18,694$18,169$17,664$17,177$16,940
4 years$14,285$13,742$13,222$12,726$12,251$12,021
5 years$11,314$10,774$10,261$9,775$9,313$9,091
6 years$9,334$8,798$8,292$7,817$7,369$7,155
7 years$7,920$7,388$6,891$6,427$5,993$5,787
8 years$6,860$6,333$5,844$5,391$4,972$4,774
9 years$6,036$5,514$5,034$4,592$4,187$3,997
10 years$5,377$4,860$4,388$3,958$3,567$3,386
11 years$4,839$4,327$3,863$3,445$3,068$2,894
12 years$4,390$3,884$3,429$3,022$2,659$2,493
13 years$4,011$3,510$3,063$2,668$2,318$2,160
14 years$3,686$3,190$2,752$2,368$2,032$1,881
15 years$3,405$2,914$2,485$2,112$1,789$1,646
16 years$3,159$2,674$2,253$1,891$1,582$1,445
17 years$2,942$2,462$2,050$1,699$1,402$1,272
18 years$2,750$2,275$1,872$1,531$1,247$1,123
19 years$2,578$2,109$1,713$1,384$1,111$994
20 years$2,423$1,960$1,572$1,253$993$882
21 years$2,284$1,825$1,446$1,137$888$783
22 years$2,157$1,704$1,333$1,034$796$697
23 years$2,041$1,594$1,231$942$715$621
24 years$1,935$1,493$1,138$859$642$554
25 years$1,838$1,401$1,054$784$578$495
26 years$1,749$1,317$978$717$521$442
27 years$1,666$1,239$908$656$469$396
28 years$1,589$1,168$844$601$424$354
29 years$1,518$1,102$785$552$383$317
30 years$1,451$1,040$732$506$346$284
31 years$1,389$984$682$465$312$255
32 years$1,331$931$636$427$283$229
33 years$1,277$881$594$393$256$205
34 years$1,226$835$555$361$232$185
35 years$1,178$792$519$333$210$166
36 years$1,132$752$486$306$190$149
37 years$1,090$714$454$282$172$134
38 years$1,049$679$426$260$156$120
39 years$1,011$645$399$240$142$108
40 years$975$614$374$221$128$97
41 years$940$585$350$204$117$88
42 years$908$557$329$188$106$79
43 years$877$530$308$174$96$71
44 years$847$506$290$161$87$64
45 years$819$482$272$148$79$57
46 years$792$460$255$137$72$52
47 years$766$439$240$127$65$46
48 years$742$419$225$117$59$42
49 years$719$400$212$108$54$38
50 years$696$382$199$100$49$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $713,000, adding $6,040 every year, while hoping to spend $23,766 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: 63/15/22 Blend
51$713,000$713,000$713,000$713,000
52$791,956$754,167$743,116$836,962
53$847,449$765,835$742,723$879,724
54$907,805$777,277$741,521$923,217
55$973,497$788,459$739,457$970,179
56$1,045,041$799,341$736,476$1,020,951
57$1,123,008$809,882$732,522$1,075,909
58$1,208,026$820,037$727,533$1,135,469
59$1,300,787$829,761$721,446$1,200,088
60$1,402,049$839,001$714,197$1,270,271
61$1,512,650$847,704$705,715$1,346,577
62$1,633,512$855,813$695,928$1,429,617
63$1,765,648$863,266$684,760$1,520,071
64$1,910,177$869,999$672,131$1,618,685
65$2,068,327$875,941$657,960$1,726,284
66$2,241,452$881,018$642,157$1,843,775
67$2,431,045$885,152$624,634$1,972,162
68$2,638,746$888,259$605,294$2,112,549
69$2,866,364$890,250$584,037$2,266,155
70$3,115,891$891,030$560,760$2,434,326
71$3,389,520$890,498$535,354$2,618,542
72$3,689,667$888,549$507,705$2,820,438
73$4,018,994$885,068$477,693$3,041,819
74$4,380,430$879,936$445,195$3,284,670
75$4,777,205$873,024$410,081$3,551,184
76$5,212,876$864,198$372,214$3,843,779
77$5,691,359$853,314$331,453$4,165,119
78$6,216,971$840,220$287,650$4,518,143
79$6,794,466$824,754$240,650$4,906,091
80$7,429,081$806,747$190,291$5,332,536
81$8,126,587$786,017$136,406$5,801,418
82$8,893,340$762,373$78,816$6,317,080
83$9,736,344$735,612$17,340$6,884,310
84$10,663,315$705,521$0$7,508,387
85$11,682,753$671,872$0$8,206,464
86$12,804,026$634,425$0$8,978,708
87$14,037,451$592,926$0$9,828,167
88$15,394,399$547,108$0$10,762,693
89$16,887,398$496,686$0$11,790,938
90$18,530,249$441,361$0$12,922,438
91$20,338,163$380,815$0$14,167,700
92$22,327,894$314,715$0$15,538,307
93$24,517,909$242,705$0$17,047,019
94$26,928,551$164,413$0$18,707,904
95$29,582,238$79,443$0$20,536,461
96$32,503,670$0$0$22,549,773
97$35,720,066$0$0$24,768,751
98$39,261,416$0$0$27,226,416
99$43,160,768$0$0$29,932,597
100$47,454,537$0$0$32,912,574