Can I retire at age 52 with 672,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $672,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$55,493$54,999$54,517$54,046$53,586$53,071
2 years$27,472$26,960$26,464$25,984$25,517$24,998
3 years$18,133$17,619$17,124$16,648$16,189$15,682
4 years$13,464$12,952$12,462$11,994$11,546$11,056
5 years$10,663$10,154$9,671$9,212$8,777$8,304
6 years$8,797$8,292$7,816$7,367$6,945$6,490
7 years$7,464$6,963$6,495$6,057$5,648$5,212
8 years$6,465$5,969$5,508$5,081$4,686$4,268
9 years$5,689$5,197$4,744$4,328$3,946$3,546
10 years$5,068$4,581$4,136$3,731$3,362$2,981
11 years$4,560$4,078$3,641$3,247$2,892$2,528
12 years$4,138$3,660$3,232$2,848$2,506$2,159
13 years$3,780$3,308$2,887$2,514$2,185$1,856
14 years$3,474$3,007$2,594$2,232$1,916$1,602
15 years$3,209$2,747$2,342$1,990$1,687$1,390
16 years$2,977$2,520$2,124$1,782$1,491$1,209
17 years$2,773$2,321$1,932$1,601$1,322$1,055
18 years$2,592$2,145$1,764$1,443$1,175$923
19 years$2,430$1,988$1,615$1,304$1,047$810
20 years$2,284$1,847$1,482$1,181$936$711
21 years$2,152$1,720$1,363$1,072$837$626
22 years$2,033$1,606$1,256$975$750$552
23 years$1,924$1,502$1,160$888$674$487
24 years$1,824$1,407$1,073$809$606$430
25 years$1,733$1,321$994$739$545$380
26 years$1,648$1,241$922$676$491$336
27 years$1,570$1,168$856$619$442$298
28 years$1,498$1,101$796$567$399$264
29 years$1,431$1,038$740$520$361$234
30 years$1,368$981$690$477$326$207
31 years$1,309$927$643$438$295$184
32 years$1,255$877$600$403$266$163
33 years$1,203$831$560$370$241$145
34 years$1,155$787$523$341$218$129
35 years$1,110$747$489$314$198$115
36 years$1,067$709$458$289$179$102
37 years$1,027$673$428$266$162$91
38 years$989$640$401$245$147$80
39 years$953$608$376$226$133$72
40 years$919$579$352$209$121$64
41 years$886$551$330$192$110$57
42 years$856$525$310$178$100$50
43 years$826$500$291$164$90$45
44 years$798$477$273$151$82$40
45 years$772$454$256$140$75$35
46 years$747$434$241$129$68$32
47 years$722$414$226$119$61$28
48 years$699$395$212$110$56$25
49 years$677$377$200$102$51$22
50 years$656$360$188$94$46$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $672,000, adding $5,190 every year, while hoping to spend $43,105 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: 63/16/21 Blend
51$672,000$672,000$672,000$672,000
52$745,897$710,281$699,865$788,532
53$776,116$699,222$677,448$806,843
54$807,971$686,176$652,834$821,541
55$841,586$671,000$625,906$836,605
56$877,093$653,544$596,538$852,074
57$914,635$633,646$564,601$867,993
58$954,371$611,138$529,959$884,413
59$996,474$585,841$492,469$901,394
60$1,041,130$557,563$451,983$919,002
61$1,088,547$526,105$408,346$937,313
62$1,138,948$491,254$361,395$956,412
63$1,192,581$452,785$310,961$976,395
64$1,249,714$410,462$256,869$997,373
65$1,310,643$364,032$198,932$1,019,467
66$1,375,690$313,231$136,958$1,042,816
67$1,445,210$257,779$70,745$1,067,574
68$1,519,591$197,380$85$1,093,917
69$1,599,258$131,721$0$1,122,040
70$1,684,678$60,471$0$1,169,039
71$1,776,364$0$0$1,219,400
72$1,874,877$0$0$1,276,374
73$1,980,834$0$0$1,349,140
74$2,094,912$0$0$1,427,518
75$2,217,855$0$0$1,512,025
76$2,350,479$0$0$1,603,228
77$2,493,684$0$0$1,701,747
78$2,648,454$0$0$1,808,268
79$2,815,873$0$0$1,923,542
80$2,997,134$0$0$2,048,395
81$3,193,546$0$0$2,183,735
82$3,406,549$0$0$2,330,562
83$3,637,726$0$0$2,489,973
84$3,888,821$0$0$2,663,178
85$4,161,749$0$0$2,851,506
86$4,458,618$0$0$3,056,419
87$4,781,747$0$0$3,279,525
88$5,133,689$0$0$3,522,596
89$5,517,251$0$0$3,787,580
90$5,935,524$0$0$4,076,621
91$6,391,909$0$0$4,392,080
92$6,890,151$0$0$4,736,554
93$7,434,371$0$0$5,112,904
94$8,029,107$0$0$5,524,278
95$8,679,353$0$0$5,974,142
96$9,390,609$0$0$6,466,314
97$10,168,931$0$0$7,004,996
98$11,020,988$0$0$7,594,816
99$11,954,121$0$0$8,240,869
100$12,976,417$0$0$8,948,769