Can I retire at age 52 with 720,000?

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 $720,000?

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%
1 years$59,457$58,927$58,411$57,906$57,414$57,148
2 years$29,434$28,886$28,355$27,840$27,340$27,071
3 years$19,428$18,877$18,347$17,837$17,346$17,083
4 years$14,426$13,877$13,352$12,851$12,371$12,116
5 years$11,425$10,880$10,362$9,870$9,404$9,158
6 years$9,425$8,884$8,374$7,894$7,441$7,204
7 years$7,998$7,461$6,959$6,490$6,052$5,823
8 years$6,927$6,395$5,902$5,444$5,020$4,801
9 years$6,095$5,568$5,083$4,637$4,228$4,018
10 years$5,430$4,908$4,431$3,997$3,602$3,401
11 years$4,886$4,369$3,901$3,479$3,098$2,906
12 years$4,433$3,922$3,462$3,051$2,685$2,501
13 years$4,050$3,544$3,093$2,694$2,341$2,166
14 years$3,722$3,221$2,779$2,391$2,052$1,885
15 years$3,438$2,943$2,509$2,133$1,807$1,648
16 years$3,190$2,700$2,275$1,910$1,597$1,446
17 years$2,971$2,487$2,070$1,716$1,416$1,272
18 years$2,777$2,298$1,890$1,546$1,259$1,123
19 years$2,603$2,130$1,730$1,397$1,122$993
20 years$2,447$1,979$1,588$1,265$1,002$880
21 years$2,306$1,843$1,461$1,148$897$781
22 years$2,178$1,721$1,346$1,044$804$695
23 years$2,061$1,609$1,243$951$722$618
24 years$1,954$1,508$1,149$867$649$551
25 years$1,856$1,415$1,065$792$584$492
26 years$1,766$1,330$987$724$526$439
27 years$1,682$1,252$917$663$474$393
28 years$1,605$1,179$852$607$428$351
29 years$1,533$1,113$793$557$386$315
30 years$1,466$1,051$739$511$349$282
31 years$1,403$993$689$469$316$252
32 years$1,344$940$643$431$285$226
33 years$1,289$890$600$397$258$203
34 years$1,238$844$561$365$234$182
35 years$1,189$800$524$336$212$163
36 years$1,144$759$490$309$192$147
37 years$1,100$721$459$285$174$132
38 years$1,060$685$430$263$158$118
39 years$1,021$652$403$242$143$106
40 years$984$620$377$224$130$96
41 years$950$590$354$206$118$86
42 years$917$562$332$190$107$77
43 years$885$536$312$176$97$69
44 years$855$511$292$162$88$62
45 years$827$487$275$150$80$56
46 years$800$464$258$138$73$50
47 years$774$443$242$128$66$45
48 years$749$423$228$118$60$41
49 years$726$404$214$109$54$37
50 years$703$386$201$101$49$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $720,000, adding $3,933 every year, while hoping to spend $51,886 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: 74/9/17 Blend
51$720,000$720,000$720,000$720,000
52$797,497$759,337$748,177$853,135
53$823,635$741,338$718,035$872,528
54$850,701$720,718$685,143$887,022
55$878,733$697,294$649,357$901,537
56$907,775$670,873$610,521$916,060
57$937,870$641,247$568,475$930,581
58$969,066$608,202$523,053$945,089
59$1,001,413$571,506$474,077$959,573
60$1,034,965$530,918$421,367$974,020
61$1,069,779$486,181$364,730$988,421
62$1,105,915$437,022$303,967$1,002,763
63$1,143,438$383,156$238,870$1,017,036
64$1,182,418$324,279$169,221$1,031,230
65$1,222,927$260,071$94,792$1,045,335
66$1,265,045$190,194$15,347$1,059,342
67$1,308,856$114,290$0$1,073,243
68$1,354,451$31,983$0$1,099,626
69$1,401,929$0$0$1,129,680
70$1,451,392$0$0$1,166,323
71$1,502,955$0$0$1,207,827
72$1,556,738$0$0$1,251,125
73$1,612,871$0$0$1,296,323
74$1,671,497$0$0$1,343,534
75$1,732,768$0$0$1,392,884
76$1,796,847$0$0$1,444,504
77$1,863,914$0$0$1,498,541
78$1,934,160$0$0$1,555,150
79$2,007,796$0$0$1,614,502
80$2,085,048$0$0$1,676,781
81$2,166,162$0$0$1,742,186
82$2,251,405$0$0$1,810,936
83$2,341,069$0$0$1,883,266
84$2,435,468$0$0$1,959,433
85$2,534,949$0$0$2,039,718
86$2,639,884$0$0$2,124,425
87$2,750,684$0$0$2,213,887
88$2,867,794$0$0$2,308,467
89$2,991,700$0$0$2,408,560
90$3,122,933$0$0$2,514,597
91$3,262,073$0$0$2,627,053
92$3,409,755$0$0$2,746,441
93$3,566,671$0$0$2,873,328
94$3,733,580$0$0$3,008,329
95$3,911,311$0$0$3,152,121
96$4,100,774$0$0$3,305,444
97$4,302,963$0$0$3,469,107
98$4,518,968$0$0$3,643,999
99$4,749,984$0$0$3,831,093
100$4,997,322$0$0$4,031,455