Can I retire at age 52 with 715,000?

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 $715,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$59,044$58,518$58,005$57,504$57,015$56,209
2 years$29,230$28,685$28,158$27,646$27,150$26,340
3 years$19,293$18,746$18,220$17,713$17,225$16,436
4 years$14,325$13,780$13,259$12,761$12,285$11,523
5 years$11,346$10,804$10,290$9,802$9,339$8,605
6 years$9,360$8,822$8,316$7,839$7,390$6,686
7 years$7,942$7,409$6,910$6,445$6,010$5,336
8 years$6,879$6,351$5,861$5,406$4,986$4,342
9 years$6,053$5,530$5,048$4,605$4,199$3,585
10 years$5,392$4,874$4,401$3,969$3,577$2,993
11 years$4,852$4,339$3,874$3,455$3,077$2,521
12 years$4,402$3,895$3,438$3,030$2,666$2,138
13 years$4,022$3,519$3,072$2,675$2,325$1,825
14 years$3,696$3,199$2,760$2,375$2,038$1,564
15 years$3,414$2,922$2,492$2,118$1,794$1,346
16 years$3,168$2,681$2,259$1,896$1,586$1,163
17 years$2,950$2,469$2,056$1,704$1,406$1,007
18 years$2,757$2,282$1,877$1,535$1,250$874
19 years$2,585$2,115$1,718$1,387$1,114$760
20 years$2,430$1,965$1,577$1,257$995$663
21 years$2,290$1,830$1,450$1,140$891$578
22 years$2,163$1,709$1,337$1,037$799$505
23 years$2,047$1,598$1,234$944$717$442
24 years$1,941$1,497$1,141$861$644$387
25 years$1,843$1,405$1,057$787$580$339
26 years$1,754$1,321$981$719$522$298
27 years$1,671$1,243$911$658$471$261
28 years$1,594$1,171$846$603$425$230
29 years$1,522$1,105$788$553$384$202
30 years$1,455$1,043$734$508$347$177
31 years$1,393$986$684$466$313$156
32 years$1,335$933$638$428$283$137
33 years$1,280$884$596$394$257$121
34 years$1,229$838$557$363$232$106
35 years$1,181$795$521$334$210$94
36 years$1,136$754$487$307$191$82
37 years$1,093$716$456$283$173$73
38 years$1,052$681$427$261$157$64
39 years$1,014$647$400$241$142$56
40 years$978$616$375$222$129$50
41 years$943$586$351$205$117$44
42 years$910$558$330$189$106$38
43 years$879$532$309$174$96$34
44 years$850$507$290$161$87$30
45 years$821$484$273$149$79$26
46 years$794$461$256$137$72$23
47 years$769$440$241$127$65$20
48 years$744$420$226$117$59$18
49 years$721$401$213$108$54$16
50 years$698$383$200$100$49$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $715,000, adding $6,480 every year, while hoping to spend $54,338 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: 81/11/8 Blend
51$715,000$715,000$715,000$715,000
52$794,614$756,719$745,637$857,649
53$817,850$735,983$712,800$879,132
54$841,634$712,410$677,043$894,850
55$865,966$685,803$638,209$910,459
56$890,841$655,955$596,136$925,916
57$916,256$622,645$550,655$941,179
58$942,201$585,642$501,589$956,199
59$968,665$544,698$448,752$970,921
60$995,636$499,555$391,952$985,289
61$1,023,094$449,937$330,986$999,239
62$1,051,020$395,554$265,644$1,012,699
63$1,079,386$336,098$195,705$1,025,595
64$1,108,162$271,246$120,940$1,037,841
65$1,137,312$200,654$41,109$1,049,347
66$1,166,793$123,961$0$1,060,012
67$1,196,555$40,784$0$1,073,490
68$1,226,542$0$0$1,089,887
69$1,256,687$0$0$1,111,547
70$1,286,916$0$0$1,138,208
71$1,317,142$0$0$1,164,858
72$1,347,269$0$0$1,191,408
73$1,377,186$0$0$1,217,760
74$1,406,768$0$0$1,243,802
75$1,435,874$0$0$1,269,408
76$1,464,346$0$0$1,294,435
77$1,492,006$0$0$1,318,726
78$1,518,653$0$0$1,342,100
79$1,544,064$0$0$1,364,358
80$1,567,988$0$0$1,385,275
81$1,590,145$0$0$1,404,600
82$1,610,221$0$0$1,422,055
83$1,627,869$0$0$1,437,327
84$1,642,699$0$0$1,450,068
85$1,654,278$0$0$1,459,893
86$1,662,125$0$0$1,466,370
87$1,665,705$0$0$1,469,021
88$1,664,422$0$0$1,467,314
89$1,657,616$0$0$1,460,660
90$1,644,553$0$0$1,448,403
91$1,624,421$0$0$1,429,816
92$1,596,317$0$0$1,404,095
93$1,559,242$0$0$1,370,345
94$1,512,088$0$0$1,327,579
95$1,453,630$0$0$1,274,700
96$1,382,509$0$0$1,210,497
97$1,297,223$0$0$1,133,627
98$1,196,109$0$0$1,042,605
99$1,077,329$0$0$935,790
100$938,848$0$0$811,365