Can I retire at age 52 with 716,000?

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 $716,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$59,127$58,600$58,086$57,585$57,095$55,602
2 years$29,271$28,725$28,197$27,685$27,188$25,694
3 years$19,320$18,772$18,245$17,738$17,249$15,801
4 years$14,346$13,800$13,278$12,779$12,302$10,911
5 years$11,362$10,819$10,304$9,816$9,352$8,021
6 years$9,373$8,835$8,327$7,850$7,400$6,131
7 years$7,953$7,419$6,920$6,454$6,018$4,812
8 years$6,889$6,360$5,869$5,414$4,993$3,848
9 years$6,061$5,537$5,055$4,611$4,204$3,120
10 years$5,400$4,881$4,407$3,975$3,582$2,557
11 years$4,859$4,345$3,880$3,459$3,081$2,113
12 years$4,408$3,900$3,443$3,034$2,670$1,758
13 years$4,028$3,524$3,076$2,679$2,328$1,471
14 years$3,701$3,204$2,764$2,378$2,041$1,235
15 years$3,419$2,927$2,496$2,121$1,797$1,041
16 years$3,172$2,685$2,263$1,899$1,588$880
17 years$2,955$2,473$2,059$1,706$1,408$746
18 years$2,761$2,285$1,879$1,538$1,252$634
19 years$2,589$2,118$1,721$1,389$1,116$539
20 years$2,433$1,968$1,579$1,258$997$459
21 years$2,293$1,833$1,452$1,142$892$392
22 years$2,166$1,711$1,339$1,038$800$335
23 years$2,050$1,600$1,236$946$718$286
24 years$1,944$1,499$1,143$862$645$245
25 years$1,846$1,407$1,059$788$581$209
26 years$1,756$1,322$982$720$523$179
27 years$1,673$1,245$912$659$471$154
28 years$1,596$1,173$848$604$425$132
29 years$1,524$1,106$789$554$384$113
30 years$1,457$1,045$735$508$347$97
31 years$1,395$988$685$467$314$83
32 years$1,337$935$639$429$284$71
33 years$1,282$885$597$395$257$61
34 years$1,231$839$558$363$233$52
35 years$1,183$796$521$334$211$45
36 years$1,137$755$488$308$191$39
37 years$1,094$717$456$284$173$33
38 years$1,054$682$427$261$157$29
39 years$1,015$648$400$241$142$24
40 years$979$617$375$222$129$21
41 years$944$587$352$205$117$18
42 years$912$559$330$189$106$16
43 years$880$533$310$175$96$13
44 years$851$508$291$161$87$11
45 years$822$484$273$149$79$10
46 years$795$462$256$138$72$8
47 years$770$441$241$127$65$7
48 years$745$421$226$117$59$6
49 years$722$402$213$109$54$5
50 years$699$384$200$100$49$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $716,000, adding $6,925 every year, while hoping to spend $58,484 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: 66/23/11 Blend
51$716,000$716,000$716,000$716,000
52$796,175$758,227$747,129$846,361
53$815,158$733,154$709,931$855,597
54$834,118$704,892$669,527$858,136
55$852,989$673,223$625,748$859,410
56$871,700$637,917$578,417$859,291
57$890,168$598,729$527,348$857,640
58$908,301$555,402$472,350$854,305
59$925,995$507,664$413,220$849,122
60$943,132$455,225$349,749$841,913
61$959,581$397,781$281,716$832,484
62$975,197$335,011$208,891$820,624
63$989,814$266,573$131,036$806,105
64$1,003,249$192,109$47,900$788,680
65$1,015,297$111,239$0$768,077
66$1,025,730$23,563$0$748,794
67$1,034,294$0$0$732,033
68$1,040,706$0$0$729,907
69$1,044,650$0$0$731,925
70$1,045,777$0$0$731,867
71$1,043,698$0$0$729,449
72$1,037,982$0$0$724,358
73$1,028,149$0$0$716,242
74$1,013,668$0$0$704,716
75$993,951$0$0$689,350
76$968,345$0$0$669,669
77$936,126$0$0$645,145
78$896,495$0$0$615,195
79$848,565$0$0$579,175
80$791,357$0$0$536,369
81$723,785$0$0$485,987
82$644,649$0$0$427,156
83$552,623$0$0$358,910
84$446,240$0$0$280,180
85$323,879$0$0$189,787
86$183,750$0$0$86,426
87$23,873$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0