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%18.4%
1 years$55,328$54,835$54,354$53,885$53,427$51,613
2 years$27,390$26,880$26,386$25,906$25,441$23,632
3 years$18,079$17,566$17,073$16,598$16,141$14,394
4 years$13,424$12,913$12,425$11,958$11,512$9,839
5 years$10,632$10,124$9,642$9,185$8,751$7,158
6 years$8,771$8,267$7,792$7,345$6,924$5,412
7 years$7,442$6,943$6,476$6,039$5,631$4,199
8 years$6,446$5,951$5,492$5,066$4,672$3,318
9 years$5,672$5,182$4,730$4,315$3,934$2,658
10 years$5,053$4,567$4,124$3,720$3,352$2,152
11 years$4,547$4,066$3,630$3,237$2,883$1,755
12 years$4,125$3,649$3,222$2,839$2,498$1,441
13 years$3,769$3,298$2,879$2,507$2,179$1,189
14 years$3,464$2,998$2,586$2,225$1,910$985
15 years$3,199$2,739$2,335$1,985$1,682$819
16 years$2,968$2,513$2,117$1,777$1,486$682
17 years$2,765$2,314$1,927$1,597$1,318$570
18 years$2,584$2,138$1,759$1,439$1,172$477
19 years$2,422$1,982$1,610$1,300$1,044$400
20 years$2,277$1,841$1,478$1,178$933$335
21 years$2,146$1,715$1,359$1,069$835$282
22 years$2,027$1,601$1,253$972$748$237
23 years$1,918$1,497$1,157$885$672$199
24 years$1,819$1,403$1,070$807$604$168
25 years$1,727$1,317$991$737$543$141
26 years$1,643$1,237$919$674$489$119
27 years$1,565$1,165$853$617$441$100
28 years$1,493$1,097$793$565$398$85
29 years$1,426$1,035$738$518$359$71
30 years$1,364$978$688$476$325$60
31 years$1,306$924$641$437$294$51
32 years$1,251$875$598$401$266$43
33 years$1,200$828$558$369$240$36
34 years$1,152$785$522$340$218$31
35 years$1,107$745$488$313$197$26
36 years$1,064$707$456$288$179$22
37 years$1,024$671$427$265$162$18
38 years$986$638$400$245$147$16
39 years$950$607$375$226$133$13
40 years$916$577$351$208$121$11
41 years$884$549$329$192$110$9
42 years$853$523$309$177$99$8
43 years$824$498$290$163$90$7
44 years$796$475$272$151$82$6
45 years$770$453$255$139$74$5
46 years$744$432$240$129$67$4
47 years$720$412$225$119$61$3
48 years$697$394$212$110$56$3
49 years$675$376$199$102$51$2
50 years$654$359$187$94$46$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $670,000, adding $5,696 every year, while hoping to spend $51,140 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: 62/17/21 Blend
51$670,000$670,000$670,000$670,000
52$744,215$708,705$698,320$785,959
53$765,713$689,019$667,302$795,143
54$787,689$666,655$633,530$798,975
55$810,139$641,426$596,858$801,995
56$833,055$613,138$557,135$804,129
57$856,427$581,582$514,200$805,300
58$880,243$546,540$467,885$805,424
59$904,486$507,779$418,018$804,410
60$929,138$465,055$364,416$802,163
61$954,175$418,107$306,889$798,579
62$979,569$366,662$245,238$793,547
63$1,005,287$310,431$179,255$786,948
64$1,031,291$249,107$108,725$778,656
65$1,057,536$182,367$33,421$768,532
66$1,083,972$109,871$0$756,430
67$1,110,540$31,256$0$752,711
68$1,137,171$0$0$755,362
69$1,163,789$0$0$766,838
70$1,190,307$0$0$784,064
71$1,216,626$0$0$801,126
72$1,242,635$0$0$817,947
73$1,268,206$0$0$834,440
74$1,293,198$0$0$850,506
75$1,317,452$0$0$866,036
76$1,340,789$0$0$880,907
77$1,363,009$0$0$894,980
78$1,383,887$0$0$908,102
79$1,403,173$0$0$920,100
80$1,420,587$0$0$930,782
81$1,435,817$0$0$939,934
82$1,448,516$0$0$947,316
83$1,458,298$0$0$952,665
84$1,464,731$0$0$955,684
85$1,467,337$0$0$956,044
86$1,465,586$0$0$953,383
87$1,458,885$0$0$947,294
88$1,446,582$0$0$937,329
89$1,427,948$0$0$922,991
90$1,402,179$0$0$903,726
91$1,368,382$0$0$878,924
92$1,325,568$0$0$847,907
93$1,272,641$0$0$809,926
94$1,208,390$0$0$764,150
95$1,131,472$0$0$709,660
96$1,040,403$0$0$645,440
97$933,541$0$0$570,368
98$809,070$0$0$483,199
99$664,982$0$0$382,561
100$499,060$0$0$266,935