Can I retire at age 52 with 670,000?

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 $670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$55,328$54,835$54,354$53,885$53,427$52,348
2 years$27,390$26,880$26,386$25,906$25,441$24,359
3 years$18,079$17,566$17,073$16,598$16,141$15,089
4 years$13,424$12,913$12,425$11,958$11,512$10,499
5 years$10,632$10,124$9,642$9,185$8,751$7,779
6 years$8,771$8,267$7,792$7,345$6,924$5,995
7 years$7,442$6,943$6,476$6,039$5,631$4,745
8 years$6,446$5,951$5,492$5,066$4,672$3,828
9 years$5,672$5,182$4,730$4,315$3,934$3,132
10 years$5,053$4,567$4,124$3,720$3,352$2,591
11 years$4,547$4,066$3,630$3,237$2,883$2,162
12 years$4,125$3,649$3,222$2,839$2,498$1,816
13 years$3,769$3,298$2,879$2,507$2,179$1,534
14 years$3,464$2,998$2,586$2,225$1,910$1,302
15 years$3,199$2,739$2,335$1,985$1,682$1,109
16 years$2,968$2,513$2,117$1,777$1,486$948
17 years$2,765$2,314$1,927$1,597$1,318$812
18 years$2,584$2,138$1,759$1,439$1,172$697
19 years$2,422$1,982$1,610$1,300$1,044$600
20 years$2,277$1,841$1,478$1,178$933$517
21 years$2,146$1,715$1,359$1,069$835$446
22 years$2,027$1,601$1,253$972$748$385
23 years$1,918$1,497$1,157$885$672$333
24 years$1,819$1,403$1,070$807$604$289
25 years$1,727$1,317$991$737$543$250
26 years$1,643$1,237$919$674$489$217
27 years$1,565$1,165$853$617$441$188
28 years$1,493$1,097$793$565$398$163
29 years$1,426$1,035$738$518$359$141
30 years$1,364$978$688$476$325$123
31 years$1,306$924$641$437$294$107
32 years$1,251$875$598$401$266$93
33 years$1,200$828$558$369$240$81
34 years$1,152$785$522$340$218$70
35 years$1,107$745$488$313$197$61
36 years$1,064$707$456$288$179$53
37 years$1,024$671$427$265$162$46
38 years$986$638$400$245$147$40
39 years$950$607$375$226$133$35
40 years$916$577$351$208$121$30
41 years$884$549$329$192$110$26
42 years$853$523$309$177$99$23
43 years$824$498$290$163$90$20
44 years$796$475$272$151$82$17
45 years$770$453$255$139$74$15
46 years$744$432$240$129$67$13
47 years$720$412$225$119$61$11
48 years$697$394$212$110$56$10
49 years$675$376$199$102$51$9
50 years$654$359$187$94$46$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $670,000, adding $5,927 every year, while hoping to spend $46,313 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: 46/37/17 Blend
51$670,000$670,000$670,000$670,000
52$744,454$708,944$698,559$774,842
53$771,111$694,405$672,684$782,085
54$798,936$677,602$644,390$784,806
55$827,997$658,375$613,547$786,770
56$858,371$636,554$580,019$787,924
57$890,140$611,960$543,665$788,215
58$923,392$584,403$504,335$787,590
59$958,223$553,684$461,875$785,992
60$994,737$519,590$416,124$783,363
61$1,033,047$481,897$366,911$779,643
62$1,073,276$440,367$314,060$774,772
63$1,115,555$394,751$257,386$768,687
64$1,160,031$344,782$196,697$761,325
65$1,206,860$290,182$131,792$752,623
66$1,256,213$230,655$62,461$742,515
67$1,308,277$165,887$0$730,936
68$1,363,255$95,550$0$719,912
69$1,421,370$19,295$0$719,515
70$1,482,863$0$0$718,383
71$1,547,998$0$0$742,249
72$1,617,065$0$0$775,922
73$1,690,378$0$0$811,707
74$1,768,283$0$0$849,775
75$1,851,156$0$0$890,317
76$1,939,412$0$0$933,542
77$2,033,503$0$0$979,676
78$2,133,923$0$0$1,028,970
79$2,241,215$0$0$1,081,697
80$2,355,975$0$0$1,138,157
81$2,478,855$0$0$1,198,678
82$2,610,568$0$0$1,263,623
83$2,751,902$0$0$1,333,386
84$2,903,715$0$0$1,408,403
85$3,066,953$0$0$1,489,150
86$3,242,655$0$0$1,576,151
87$3,431,958$0$0$1,669,983
88$3,636,115$0$0$1,771,277
89$3,856,499$0$0$1,880,729
90$4,094,623$0$0$1,999,100
91$4,352,144$0$0$2,127,232
92$4,630,889$0$0$2,266,046
93$4,932,863$0$0$2,416,557
94$5,260,271$0$0$2,579,881
95$5,615,539$0$0$2,757,244
96$6,001,334$0$0$2,949,995
97$6,420,590$0$0$3,159,620
98$6,876,534$0$0$3,387,751
99$7,372,718$0$0$3,636,187
100$7,913,047$0$0$3,906,903