Can I retire at age 52 with 673,000?

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 $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%19.7%
1 years$55,576$55,081$54,598$54,126$53,666$51,577
2 years$27,513$27,000$26,504$26,022$25,555$23,476
3 years$18,160$17,645$17,150$16,673$16,213$14,209
4 years$13,484$12,971$12,481$12,012$11,563$9,650
5 years$10,679$10,169$9,685$9,226$8,790$6,972
6 years$8,810$8,304$7,827$7,378$6,956$5,234
7 years$7,476$6,974$6,504$6,066$5,657$4,031
8 years$6,475$5,978$5,516$5,089$4,693$3,161
9 years$5,697$5,205$4,751$4,334$3,952$2,512
10 years$5,076$4,588$4,142$3,736$3,367$2,017
11 years$4,567$4,084$3,647$3,252$2,896$1,631
12 years$4,144$3,666$3,236$2,852$2,510$1,328
13 years$3,786$3,313$2,891$2,518$2,188$1,086
14 years$3,479$3,011$2,598$2,235$1,918$892
15 years$3,214$2,751$2,346$1,993$1,689$734
16 years$2,982$2,524$2,127$1,785$1,493$606
17 years$2,777$2,324$1,935$1,604$1,324$501
18 years$2,596$2,148$1,767$1,445$1,177$416
19 years$2,433$1,991$1,617$1,306$1,049$345
20 years$2,287$1,850$1,484$1,183$937$286
21 years$2,155$1,723$1,365$1,073$838$238
22 years$2,036$1,608$1,258$976$752$198
23 years$1,927$1,504$1,162$889$675$165
24 years$1,827$1,409$1,074$811$606$138
25 years$1,735$1,323$995$740$546$115
26 years$1,651$1,243$923$677$492$96
27 years$1,572$1,170$857$620$443$80
28 years$1,500$1,102$797$568$400$67
29 years$1,433$1,040$741$521$361$56
30 years$1,370$982$691$478$326$46
31 years$1,311$928$644$439$295$39
32 years$1,257$878$601$403$267$32
33 years$1,205$832$561$371$241$27
34 years$1,157$788$524$341$219$23
35 years$1,112$748$490$314$198$19
36 years$1,069$710$458$289$179$16
37 years$1,029$674$429$267$163$13
38 years$990$641$402$246$147$11
39 years$954$609$376$227$134$9
40 years$920$580$353$209$121$8
41 years$888$552$331$193$110$6
42 years$857$525$310$178$100$5
43 years$828$501$291$164$91$4
44 years$800$477$273$152$82$4
45 years$773$455$257$140$75$3
46 years$748$434$241$129$68$3
47 years$723$414$226$120$62$2
48 years$700$396$213$110$56$2
49 years$678$378$200$102$51$2
50 years$657$361$188$94$46$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $673,000, adding $3,873 every year, while hoping to spend $43,111 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: 60/31/9 Blend
51$673,000$673,000$673,000$673,000
52$745,641$709,972$699,540$788,644
53$775,827$698,891$677,105$806,872
54$807,646$685,822$652,474$821,485
55$841,221$670,622$625,526$836,354
56$876,683$653,140$596,139$851,505
57$914,177$633,216$564,182$866,970
58$953,859$610,679$529,518$882,785
59$995,901$585,351$492,005$898,991
60$1,040,491$557,042$451,496$915,639
61$1,087,835$525,550$407,834$932,783
62$1,138,155$490,663$360,858$950,487
63$1,191,698$452,157$310,398$968,826
64$1,248,732$409,794$256,277$987,883
65$1,309,551$363,322$198,311$1,007,755
66$1,374,478$312,477$136,307$1,028,549
67$1,443,864$256,978$70,063$1,050,390
68$1,518,098$196,530$0$1,073,417
69$1,597,602$130,818$0$1,097,850
70$1,682,843$59,513$0$1,130,991
71$1,774,330$0$0$1,166,330
72$1,872,624$0$0$1,210,164
73$1,978,339$0$0$1,279,181
74$2,092,151$0$0$1,353,523
75$2,214,799$0$0$1,433,679
76$2,347,099$0$0$1,520,187
77$2,489,946$0$0$1,613,638
78$2,644,321$0$0$1,714,680
79$2,811,304$0$0$1,824,027
80$2,992,084$0$0$1,942,462
81$3,187,965$0$0$2,070,848
82$3,400,383$0$0$2,210,132
83$3,630,916$0$0$2,361,357
84$3,881,300$0$0$2,525,669
85$4,153,443$0$0$2,704,330
86$4,449,447$0$0$2,898,727
87$4,771,623$0$0$3,110,388
88$5,122,512$0$0$3,340,991
89$5,504,915$0$0$3,592,386
90$5,921,909$0$0$3,866,608
91$6,376,885$0$0$4,165,896
92$6,873,574$0$0$4,492,715
93$7,416,081$0$0$4,849,780
94$8,008,928$0$0$5,240,078
95$8,657,092$0$0$5,666,898
96$9,366,054$0$0$6,133,863
97$10,141,847$0$0$6,644,959
98$10,991,115$0$0$7,204,579
99$11,921,174$0$0$7,817,558
100$12,940,082$0$0$8,489,221