Can I retire at age 52 with 673,000?

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 $673,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$55,576$55,081$54,598$54,126$53,666$52,454
2 years$27,513$27,000$26,504$26,022$25,555$24,341
3 years$18,160$17,645$17,150$16,673$16,213$15,034
4 years$13,484$12,971$12,481$12,012$11,563$10,429
5 years$10,679$10,169$9,685$9,226$8,790$7,703
6 years$8,810$8,304$7,827$7,378$6,956$5,917
7 years$7,476$6,974$6,504$6,066$5,657$4,667
8 years$6,475$5,978$5,516$5,089$4,693$3,752
9 years$5,697$5,205$4,751$4,334$3,952$3,059
10 years$5,076$4,588$4,142$3,736$3,367$2,521
11 years$4,567$4,084$3,647$3,252$2,896$2,096
12 years$4,144$3,666$3,236$2,852$2,510$1,754
13 years$3,786$3,313$2,891$2,518$2,188$1,476
14 years$3,479$3,011$2,598$2,235$1,918$1,247
15 years$3,214$2,751$2,346$1,993$1,689$1,058
16 years$2,982$2,524$2,127$1,785$1,493$900
17 years$2,777$2,324$1,935$1,604$1,324$768
18 years$2,596$2,148$1,767$1,445$1,177$657
19 years$2,433$1,991$1,617$1,306$1,049$562
20 years$2,287$1,850$1,484$1,183$937$483
21 years$2,155$1,723$1,365$1,073$838$414
22 years$2,036$1,608$1,258$976$752$356
23 years$1,927$1,504$1,162$889$675$307
24 years$1,827$1,409$1,074$811$606$264
25 years$1,735$1,323$995$740$546$228
26 years$1,651$1,243$923$677$492$196
27 years$1,572$1,170$857$620$443$170
28 years$1,500$1,102$797$568$400$146
29 years$1,433$1,040$741$521$361$126
30 years$1,370$982$691$478$326$109
31 years$1,311$928$644$439$295$94
32 years$1,257$878$601$403$267$82
33 years$1,205$832$561$371$241$71
34 years$1,157$788$524$341$219$61
35 years$1,112$748$490$314$198$53
36 years$1,069$710$458$289$179$46
37 years$1,029$674$429$267$163$40
38 years$990$641$402$246$147$34
39 years$954$609$376$227$134$30
40 years$920$580$353$209$121$26
41 years$888$552$331$193$110$22
42 years$857$525$310$178$100$19
43 years$828$501$291$164$91$17
44 years$800$477$273$152$82$14
45 years$773$455$257$140$75$12
46 years$748$434$241$129$68$11
47 years$723$414$226$120$62$9
48 years$700$396$213$110$56$8
49 years$678$378$200$102$51$7
50 years$657$361$188$94$46$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $673,000, adding $4,877 every year, while hoping to spend $50,616 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: 26/50/24 Blend
51$673,000$673,000$673,000$673,000
52$746,677$711,008$700,576$760,335
53$768,983$691,992$670,190$752,693
54$791,867$670,348$637,090$739,788
55$815,337$645,894$601,131$724,870
56$839,395$618,436$562,163$707,803
57$864,045$587,771$520,027$688,441
58$889,288$553,684$474,560$666,630
59$915,126$515,944$425,588$642,209
60$941,556$474,313$372,932$615,006
61$968,574$428,533$316,404$584,839
62$996,173$378,336$255,809$551,517
63$1,024,345$323,437$190,941$514,836
64$1,053,078$263,535$121,586$474,584
65$1,082,355$198,311$47,522$430,533
66$1,112,157$127,430$0$382,443
67$1,142,459$50,536$0$338,133
68$1,173,234$0$0$302,775
69$1,204,447$0$0$281,985
70$1,236,056$0$0$289,054
71$1,268,016$0$0$296,161
72$1,300,271$0$0$303,287
73$1,332,758$0$0$310,413
74$1,365,404$0$0$317,517
75$1,398,126$0$0$324,571
76$1,430,830$0$0$331,546
77$1,463,407$0$0$338,410
78$1,495,736$0$0$345,125
79$1,527,680$0$0$351,649
80$1,559,081$0$0$357,936
81$1,589,767$0$0$363,931
82$1,619,539$0$0$369,577
83$1,648,179$0$0$374,808
84$1,675,438$0$0$379,549
85$1,701,041$0$0$383,719
86$1,724,678$0$0$387,226
87$1,746,006$0$0$389,969
88$1,764,639$0$0$391,834
89$1,780,150$0$0$392,694
90$1,792,062$0$0$392,410
91$1,799,845$0$0$390,827
92$1,802,909$0$0$387,772
93$1,800,599$0$0$383,053
94$1,792,187$0$0$376,458
95$1,776,868$0$0$367,752
96$1,753,745$0$0$356,674
97$1,721,826$0$0$342,935
98$1,680,011$0$0$326,217
99$1,627,082$0$0$306,165
100$1,561,688$0$0$282,387