Can I retire at age 52 with 671,000?

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 $671,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$55,411$54,917$54,435$53,965$53,506$52,491
2 years$27,431$26,920$26,425$25,945$25,479$24,460
3 years$18,106$17,593$17,099$16,623$16,165$15,174
4 years$13,444$12,932$12,443$11,976$11,529$10,573
5 years$10,648$10,139$9,657$9,199$8,764$7,847
6 years$8,784$8,279$7,804$7,356$6,935$6,057
7 years$7,453$6,953$6,485$6,048$5,640$4,802
8 years$6,456$5,960$5,500$5,074$4,679$3,880
9 years$5,680$5,189$4,737$4,322$3,940$3,181
10 years$5,060$4,574$4,130$3,725$3,357$2,636
11 years$4,554$4,072$3,636$3,242$2,887$2,204
12 years$4,131$3,655$3,227$2,844$2,502$1,855
13 years$3,774$3,303$2,883$2,511$2,182$1,570
14 years$3,469$3,002$2,590$2,229$1,913$1,335
15 years$3,204$2,743$2,339$1,988$1,684$1,140
16 years$2,973$2,516$2,120$1,780$1,488$976
17 years$2,769$2,317$1,929$1,599$1,320$838
18 years$2,588$2,141$1,761$1,441$1,173$721
19 years$2,426$1,985$1,612$1,302$1,046$622
20 years$2,281$1,844$1,480$1,179$934$537
21 years$2,149$1,718$1,361$1,070$836$465
22 years$2,030$1,604$1,254$973$749$402
23 years$1,921$1,500$1,158$886$673$349
24 years$1,821$1,405$1,071$808$605$303
25 years$1,730$1,319$992$738$544$263
26 years$1,646$1,239$920$675$490$228
27 years$1,568$1,166$854$618$442$198
28 years$1,496$1,099$794$566$399$173
29 years$1,428$1,037$739$519$360$150
30 years$1,366$979$689$476$325$131
31 years$1,307$926$642$438$294$114
32 years$1,253$876$599$402$266$99
33 years$1,202$829$559$370$241$86
34 years$1,154$786$522$340$218$75
35 years$1,108$746$488$313$197$66
36 years$1,066$708$457$288$179$57
37 years$1,025$672$428$266$162$50
38 years$987$639$401$245$147$43
39 years$951$607$375$226$133$38
40 years$917$578$352$208$121$33
41 years$885$550$330$192$110$29
42 years$854$524$309$177$100$25
43 years$825$499$290$164$90$22
44 years$797$476$273$151$82$19
45 years$771$454$256$140$74$17
46 years$745$433$240$129$68$15
47 years$721$413$226$119$61$13
48 years$698$394$212$110$56$11
49 years$676$377$199$102$51$10
50 years$655$360$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 $671,000, adding $2,641 every year, while hoping to spend $36,460 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: 54/25/21 Blend
51$671,000$671,000$671,000$671,000
52$742,166$706,603$696,203$777,853
53$779,074$702,434$680,732$798,452
54$818,524$696,838$663,522$816,816
55$860,738$689,707$644,474$836,027
56$905,958$680,927$623,488$856,175
57$954,449$670,375$600,458$877,365
58$1,006,502$657,924$575,273$899,713
59$1,062,438$643,434$547,817$923,347
60$1,122,607$626,764$517,970$948,412
61$1,187,396$607,758$485,605$975,070
62$1,257,227$586,254$450,589$1,003,503
63$1,332,565$562,082$412,785$1,033,911
64$1,413,921$535,058$372,048$1,066,520
65$1,501,857$504,992$328,227$1,101,581
66$1,596,989$471,679$281,166$1,139,374
67$1,699,996$434,906$230,699$1,180,211
68$1,811,624$394,444$176,655$1,224,438
69$1,932,691$350,054$118,855$1,272,441
70$2,064,100$301,481$57,111$1,324,651
71$2,206,843$248,458$0$1,381,544
72$2,362,010$190,701$0$1,445,619
73$2,530,801$127,912$0$1,529,282
74$2,714,536$59,773$0$1,620,426
75$2,914,669$0$0$1,719,827
76$3,132,798$0$0$1,832,209
77$3,370,682$0$0$1,972,759
78$3,630,257$0$0$2,126,186
79$3,913,657$0$0$2,293,756
80$4,223,226$0$0$2,476,867
81$4,561,547$0$0$2,677,052
82$4,931,466$0$0$2,896,004
83$5,336,113$0$0$3,135,585
84$5,778,934$0$0$3,397,845
85$6,263,728$0$0$3,685,041
86$6,794,674$0$0$3,999,662
87$7,376,376$0$0$4,344,444
88$8,013,904$0$0$4,722,404
89$8,712,842$0$0$5,136,863
90$9,479,339$0$0$5,591,478
91$10,320,169$0$0$6,090,281
92$11,242,792$0$0$6,637,708
93$12,255,428$0$0$7,238,648
94$13,367,127$0$0$7,898,487
95$14,587,861$0$0$8,623,157
96$15,928,614$0$0$9,419,192
97$17,401,488$0$0$10,293,792
98$19,019,811$0$0$11,254,887
99$20,798,270$0$0$12,311,215
100$22,753,042$0$0$13,472,400