Can I retire at age 52 with 742,000?

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 $742,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$61,274$60,728$60,195$59,676$59,168$57,046
2 years$30,333$29,769$29,221$28,690$28,175$26,060
3 years$20,021$19,454$18,908$18,382$17,876$15,834
4 years$14,866$14,301$13,760$13,243$12,749$10,797
5 years$11,774$11,212$10,678$10,172$9,692$7,834
6 years$9,713$9,155$8,630$8,135$7,669$5,906
7 years$8,242$7,689$7,171$6,688$6,237$4,570
8 years$7,139$6,591$6,082$5,610$5,174$3,601
9 years$6,281$5,738$5,238$4,779$4,357$2,876
10 years$5,596$5,058$4,567$4,119$3,713$2,320
11 years$5,035$4,503$4,021$3,585$3,193$1,887
12 years$4,569$4,042$3,568$3,145$2,767$1,544
13 years$4,174$3,652$3,188$2,776$2,413$1,270
14 years$3,836$3,320$2,864$2,464$2,115$1,048
15 years$3,543$3,033$2,586$2,198$1,862$868
16 years$3,287$2,783$2,345$1,968$1,646$721
17 years$3,062$2,563$2,134$1,768$1,459$600
18 years$2,862$2,368$1,948$1,593$1,298$500
19 years$2,683$2,195$1,783$1,440$1,157$418
20 years$2,522$2,039$1,636$1,304$1,033$349
21 years$2,376$1,900$1,505$1,184$924$292
22 years$2,245$1,773$1,387$1,076$829$245
23 years$2,124$1,658$1,281$980$744$205
24 years$2,014$1,554$1,185$894$669$172
25 years$1,913$1,458$1,097$816$602$144
26 years$1,820$1,370$1,018$746$542$121
27 years$1,734$1,290$945$683$489$102
28 years$1,654$1,215$878$626$441$85
29 years$1,580$1,147$817$574$398$72
30 years$1,510$1,083$761$527$360$60
31 years$1,446$1,024$710$484$325$51
32 years$1,385$969$662$445$294$43
33 years$1,329$917$618$409$266$36
34 years$1,276$869$578$376$241$30
35 years$1,226$825$540$346$218$25
36 years$1,178$783$505$319$198$21
37 years$1,134$743$473$294$179$18
38 years$1,092$706$443$271$163$15
39 years$1,052$672$415$250$147$13
40 years$1,014$639$389$230$134$11
41 years$979$608$365$213$121$9
42 years$945$579$342$196$110$8
43 years$912$552$321$181$100$6
44 years$882$526$301$167$91$5
45 years$852$502$283$154$82$4
46 years$824$479$266$143$75$4
47 years$798$457$250$132$68$3
48 years$772$436$235$122$62$3
49 years$748$416$221$113$56$2
50 years$724$398$207$104$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $742,000, adding $6,449 every year, while hoping to spend $56,162 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: 47/42/11 Blend
51$742,000$742,000$742,000$742,000
52$824,336$785,010$773,509$860,273
53$848,662$763,720$739,666$864,439
54$873,588$739,504$702,806$862,626
55$899,114$712,160$662,770$859,388
56$925,241$681,473$619,391$854,613
57$951,967$647,216$572,492$848,181
58$979,288$609,151$521,891$839,962
59$1,007,198$567,022$467,397$829,820
60$1,035,688$520,561$408,810$817,609
61$1,064,744$469,485$345,922$803,175
62$1,094,353$413,494$278,514$786,353
63$1,124,492$352,271$206,360$766,967
64$1,155,140$285,481$129,222$744,830
65$1,186,265$212,771$46,853$719,744
66$1,217,835$133,768$0$691,496
67$1,249,807$48,076$0$664,680
68$1,282,135$0$0$640,419
69$1,314,764$0$0$633,655
70$1,347,628$0$0$649,186
71$1,380,656$0$0$664,755
72$1,413,763$0$0$680,317
73$1,446,853$0$0$695,820
74$1,479,819$0$0$711,207
75$1,512,537$0$0$726,412
76$1,544,868$0$0$741,363
77$1,576,655$0$0$755,975
78$1,607,723$0$0$770,156
79$1,637,872$0$0$783,801
80$1,666,881$0$0$796,794
81$1,694,499$0$0$809,002
82$1,720,450$0$0$820,280
83$1,744,420$0$0$830,465
84$1,766,062$0$0$839,374
85$1,784,988$0$0$846,803
86$1,800,767$0$0$852,528
87$1,812,918$0$0$856,296
88$1,820,904$0$0$857,828
89$1,824,132$0$0$856,813
90$1,821,940$0$0$852,906
91$1,813,595$0$0$845,725
92$1,798,282$0$0$834,845
93$1,775,097$0$0$819,795
94$1,743,039$0$0$800,054
95$1,700,998$0$0$775,043
96$1,647,744$0$0$744,123
97$1,581,916$0$0$706,584
98$1,502,005$0$0$661,644
99$1,406,343$0$0$608,433
100$1,293,085$0$0$545,993