Can I retire at age 52 with 723,000?

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 $723,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$59,705$59,173$58,654$58,148$57,653$56,909
2 years$29,557$29,006$28,473$27,956$27,454$26,705
3 years$19,509$18,956$18,424$17,911$17,418$16,688
4 years$14,486$13,935$13,408$12,904$12,423$11,717
5 years$11,473$10,925$10,405$9,912$9,443$8,764
6 years$9,465$8,921$8,409$7,926$7,472$6,821
7 years$8,031$7,492$6,988$6,517$6,077$5,453
8 years$6,956$6,422$5,926$5,467$5,041$4,445
9 years$6,121$5,591$5,104$4,656$4,246$3,676
10 years$5,453$4,929$4,450$4,014$3,617$3,075
11 years$4,906$4,388$3,918$3,493$3,111$2,595
12 years$4,452$3,938$3,477$3,064$2,696$2,205
13 years$4,067$3,559$3,106$2,705$2,351$1,885
14 years$3,738$3,235$2,791$2,401$2,061$1,619
15 years$3,452$2,955$2,520$2,142$1,815$1,397
16 years$3,203$2,711$2,285$1,918$1,604$1,209
17 years$2,983$2,497$2,079$1,723$1,422$1,049
18 years$2,788$2,307$1,898$1,553$1,264$913
19 years$2,614$2,138$1,737$1,403$1,127$796
20 years$2,457$1,987$1,594$1,271$1,007$695
21 years$2,316$1,851$1,467$1,153$901$608
22 years$2,187$1,728$1,352$1,049$807$532
23 years$2,070$1,616$1,248$955$725$467
24 years$1,963$1,514$1,154$871$651$410
25 years$1,864$1,421$1,069$795$586$360
26 years$1,773$1,335$992$727$528$317
27 years$1,689$1,257$921$666$476$279
28 years$1,611$1,184$856$610$430$245
29 years$1,539$1,117$796$559$388$216
30 years$1,472$1,055$742$513$350$190
31 years$1,409$997$692$471$317$168
32 years$1,350$944$645$433$287$148
33 years$1,295$894$603$398$259$131
34 years$1,243$847$563$367$235$115
35 years$1,194$803$526$337$213$102
36 years$1,148$763$492$311$193$90
37 years$1,105$724$461$286$175$79
38 years$1,064$688$432$264$158$70
39 years$1,025$655$404$243$144$62
40 years$988$623$379$224$130$55
41 years$954$593$355$207$118$48
42 years$920$565$333$191$107$43
43 years$889$538$313$176$97$38
44 years$859$513$294$163$88$33
45 years$830$489$276$150$80$29
46 years$803$466$259$139$73$26
47 years$777$445$243$128$66$23
48 years$752$425$229$119$60$20
49 years$729$406$215$110$55$18
50 years$706$388$202$101$50$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $723,000, adding $6,599 every year, while hoping to spend $30,751 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: 31/44/25 Blend
51$723,000$723,000$723,000$723,000
52$803,553$765,234$754,027$822,114
53$852,796$770,012$746,568$841,647
54$906,032$773,993$737,829$859,477
55$963,635$777,106$727,734$878,049
56$1,026,016$779,275$716,204$897,449
57$1,093,630$780,419$703,156$917,774
58$1,166,973$780,452$688,505$939,131
59$1,246,594$779,284$672,159$961,643
60$1,333,094$776,817$654,024$985,445
61$1,427,137$772,948$634,002$1,010,692
62$1,529,452$767,569$611,987$1,037,555
63$1,640,840$760,564$587,873$1,066,228
64$1,762,184$751,810$561,545$1,096,925
65$1,894,456$741,178$532,886$1,129,889
66$2,038,724$728,529$501,771$1,165,388
67$2,196,165$713,719$468,072$1,203,725
68$2,368,074$696,591$431,652$1,245,235
69$2,555,877$676,983$392,372$1,290,294
70$2,761,143$654,721$350,083$1,339,320
71$2,985,599$629,623$304,630$1,392,778
72$3,231,149$601,493$255,854$1,451,187
73$3,499,887$570,127$203,586$1,515,126
74$3,794,120$535,308$147,651$1,585,236
75$4,116,388$496,806$87,865$1,662,233
76$4,469,489$454,378$24,037$1,746,910
77$4,856,502$407,768$0$1,840,150
78$5,280,821$356,704$0$1,954,692
79$5,746,182$300,901$0$2,087,471
80$6,256,703$240,054$0$2,233,337
81$6,816,915$173,846$0$2,393,688
82$7,431,812$101,936$0$2,570,076
83$8,106,896$23,970$0$2,764,213
84$8,848,225$0$0$2,977,996
85$9,662,474$0$0$3,242,779
86$10,556,996$0$0$3,546,535
87$11,539,891$0$0$3,880,423
88$12,620,083$0$0$4,247,491
89$13,807,402$0$0$4,651,094
90$15,112,681$0$0$5,094,931
91$16,547,851$0$0$5,583,076
92$18,126,060$0$0$6,120,018
93$19,861,790$0$0$6,710,704
94$21,771,002$0$0$7,360,583
95$23,871,278$0$0$8,075,659
96$26,181,991$0$0$8,862,548
97$28,724,485$0$0$9,728,540
98$31,522,279$0$0$10,681,667
99$34,601,287$0$0$11,730,778
100$37,990,062$0$0$12,885,625