Can I retire at age 52 with 656,000?

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 $656,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$54,172$53,689$53,219$52,759$52,310$50,374
2 years$26,818$26,318$25,834$25,365$24,910$22,981
3 years$17,701$17,199$16,716$16,252$15,804$13,943
4 years$13,143$12,643$12,165$11,708$11,271$9,493
5 years$10,410$9,913$9,441$8,993$8,568$6,877
6 years$8,588$8,094$7,630$7,192$6,780$5,176
7 years$7,287$6,798$6,340$5,913$5,514$3,998
8 years$6,312$5,827$5,377$4,960$4,574$3,145
9 years$5,553$5,073$4,631$4,225$3,852$2,507
10 years$4,947$4,472$4,038$3,642$3,282$2,019
11 years$4,452$3,981$3,555$3,170$2,823$1,638
12 years$4,039$3,573$3,155$2,780$2,446$1,338
13 years$3,690$3,229$2,818$2,454$2,133$1,098
14 years$3,391$2,935$2,532$2,179$1,870$905
15 years$3,133$2,681$2,286$1,943$1,646$748
16 years$2,906$2,460$2,073$1,740$1,455$620
17 years$2,707$2,266$1,886$1,563$1,290$514
18 years$2,530$2,094$1,722$1,409$1,147$428
19 years$2,372$1,940$1,576$1,273$1,023$356
20 years$2,230$1,803$1,447$1,153$913$297
21 years$2,101$1,679$1,331$1,046$817$248
22 years$1,984$1,568$1,226$951$733$207
23 years$1,878$1,466$1,132$866$658$173
24 years$1,781$1,374$1,047$790$591$145
25 years$1,691$1,289$970$722$532$121
26 years$1,609$1,212$900$660$479$102
27 years$1,533$1,140$835$604$432$85
28 years$1,462$1,074$777$553$390$71
29 years$1,396$1,014$723$507$352$60
30 years$1,335$957$673$466$318$50
31 years$1,278$905$628$428$288$42
32 years$1,225$856$586$393$260$35
33 years$1,175$811$547$361$235$29
34 years$1,128$769$511$333$213$25
35 years$1,084$729$478$306$193$21
36 years$1,042$692$447$282$175$17
37 years$1,003$657$418$260$158$15
38 years$965$625$392$239$144$12
39 years$930$594$367$221$130$10
40 years$897$565$344$204$118$9
41 years$865$538$322$188$107$7
42 years$835$512$302$173$97$6
43 years$807$488$284$160$88$5
44 years$779$465$266$148$80$4
45 years$754$444$250$137$73$4
46 years$729$423$235$126$66$3
47 years$705$404$221$116$60$3
48 years$683$386$207$108$54$2
49 years$661$368$195$99$49$2
50 years$640$352$183$92$45$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $656,000, adding $2,641 every year, while hoping to spend $33,419 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: 43/49/8 Blend
51$656,000$656,000$656,000$656,000
52$725,636$690,868$680,700$755,051
53$764,094$689,163$667,946$774,044
54$805,353$686,255$653,645$790,997
55$849,667$682,048$637,709$808,597
56$897,308$676,444$620,047$826,916
57$948,579$669,335$600,565$846,034
58$1,003,812$660,611$579,162$866,042
59$1,063,371$650,151$555,734$887,043
60$1,127,656$637,829$530,172$909,153
61$1,197,106$623,512$502,362$932,503
62$1,272,205$607,058$472,185$957,237
63$1,353,483$588,317$439,516$983,522
64$1,441,524$567,130$404,226$1,011,541
65$1,536,970$543,330$366,178$1,041,501
66$1,640,526$516,739$325,230$1,073,633
67$1,752,969$487,168$281,234$1,108,196
68$1,875,151$454,419$234,035$1,145,480
69$2,008,013$418,282$183,472$1,185,808
70$2,152,587$378,534$129,375$1,229,542
71$2,310,010$334,942$71,568$1,277,086
72$2,481,533$287,255$9,867$1,328,889
73$2,668,532$235,213$0$1,385,453
74$2,872,522$178,538$0$1,452,116
75$3,095,170$116,938$0$1,525,931
76$3,338,313$50,104$0$1,606,767
77$3,603,971$0$0$1,695,412
78$3,894,368$0$0$1,804,763
79$4,211,953$0$0$1,953,974
80$4,559,423$0$0$2,117,307
81$4,939,748$0$0$2,296,166
82$5,356,197$0$0$2,492,100
83$5,812,370$0$0$2,706,813
84$6,312,233$0$0$2,942,184
85$6,860,152$0$0$3,200,280
86$7,460,937$0$0$3,483,378
87$8,119,886$0$0$3,793,987
88$8,842,832$0$0$4,134,871
89$9,636,202$0$0$4,509,073
90$10,507,075$0$0$4,919,945
91$11,463,249$0$0$5,371,181
92$12,513,312$0$0$5,866,849
93$13,666,728$0$0$6,411,431
94$14,933,919$0$0$7,009,865
95$16,326,369$0$0$7,667,589
96$17,856,729$0$0$8,390,597
97$19,538,935$0$0$9,185,491
98$21,388,342$0$0$10,059,544
99$23,421,866$0$0$11,020,771
100$25,658,144$0$0$12,077,999