Can I retire at age 52 with 687,000?

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 $687,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$56,732$56,226$55,733$55,252$54,782$53,698
2 years$28,085$27,562$27,055$26,564$26,087$24,999
3 years$18,537$18,012$17,506$17,020$16,551$15,493
4 years$13,764$13,241$12,740$12,262$11,804$10,785
5 years$10,901$10,381$9,887$9,418$8,973$7,996
6 years$8,993$8,477$7,990$7,532$7,100$6,165
7 years$7,631$7,119$6,640$6,192$5,774$4,882
8 years$6,610$6,102$5,631$5,195$4,790$3,941
9 years$5,816$5,313$4,850$4,425$4,034$3,226
10 years$5,181$4,683$4,228$3,814$3,437$2,671
11 years$4,662$4,169$3,723$3,319$2,956$2,230
12 years$4,230$3,742$3,304$2,912$2,562$1,875
13 years$3,864$3,382$2,952$2,570$2,234$1,585
14 years$3,552$3,074$2,652$2,282$1,958$1,346
15 years$3,281$2,808$2,394$2,035$1,724$1,147
16 years$3,044$2,576$2,171$1,822$1,524$981
17 years$2,835$2,373$1,975$1,637$1,351$841
18 years$2,649$2,192$1,803$1,475$1,201$723
19 years$2,484$2,032$1,651$1,333$1,071$622
20 years$2,335$1,888$1,515$1,207$956$537
21 years$2,200$1,759$1,394$1,096$856$464
22 years$2,078$1,642$1,284$996$767$401
23 years$1,967$1,535$1,186$907$689$347
24 years$1,865$1,439$1,097$828$619$300
25 years$1,771$1,350$1,016$756$557$260
26 years$1,685$1,269$942$691$502$226
27 years$1,605$1,194$875$633$452$196
28 years$1,531$1,125$813$580$408$170
29 years$1,462$1,062$757$531$369$148
30 years$1,398$1,003$705$488$333$129
31 years$1,339$948$657$448$301$112
32 years$1,283$897$613$412$272$97
33 years$1,230$849$573$379$246$84
34 years$1,181$805$535$348$223$73
35 years$1,135$763$500$321$202$64
36 years$1,091$725$468$295$183$56
37 years$1,050$688$438$272$166$48
38 years$1,011$654$410$251$150$42
39 years$974$622$384$231$136$37
40 years$939$592$360$213$124$32
41 years$906$563$338$197$112$28
42 years$875$536$317$182$102$24
43 years$845$511$297$168$92$21
44 years$816$487$279$155$84$18
45 years$789$465$262$143$76$16
46 years$763$443$246$132$69$14
47 years$739$423$231$122$63$12
48 years$715$404$217$113$57$11
49 years$692$386$204$104$52$9
50 years$671$368$192$96$47$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $687,000, adding $2,928 every year, while hoping to spend $45,789 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$687,000$687,000$687,000$687,000
52$760,094$723,683$713,035$802,897
53$788,905$710,425$688,202$818,895
54$819,119$694,982$661,003$831,002
55$850,833$677,199$631,310$843,179
56$884,148$656,912$598,989$855,437
57$919,177$633,947$563,901$867,792
58$956,042$608,119$525,901$880,263
59$994,875$579,233$484,835$892,872
60$1,035,820$547,084$440,545$905,647
61$1,079,035$511,452$392,865$918,621
62$1,124,691$472,108$341,620$931,831
63$1,172,975$428,807$286,630$945,324
64$1,224,092$381,292$227,706$959,151
65$1,278,264$329,289$164,648$973,374
66$1,335,734$272,513$97,252$988,063
67$1,396,771$210,657$25,301$1,003,299
68$1,461,663$143,401$0$1,019,176
69$1,530,731$70,406$0$1,047,335
70$1,604,324$0$0$1,083,163
71$1,682,822$0$0$1,122,802
72$1,766,646$0$0$1,179,224
73$1,856,253$0$0$1,239,571
74$1,952,146$0$0$1,304,185
75$2,054,877$0$0$1,373,442
76$2,165,050$0$0$1,447,755
77$2,283,329$0$0$1,527,576
78$2,410,442$0$0$1,613,402
79$2,547,189$0$0$1,705,777
80$2,694,446$0$0$1,805,300
81$2,853,178$0$0$1,912,629
82$3,024,443$0$0$2,028,486
83$3,209,405$0$0$2,153,664
84$3,409,342$0$0$2,289,037
85$3,625,659$0$0$2,435,561
86$3,859,899$0$0$2,594,292
87$4,113,762$0$0$2,766,389
88$4,389,113$0$0$2,953,125
89$4,688,007$0$0$3,155,901
90$5,012,700$0$0$3,376,260
91$5,365,678$0$0$3,615,897
92$5,749,672$0$0$3,876,677
93$6,167,689$0$0$4,160,654
94$6,623,038$0$0$4,470,086
95$7,119,359$0$0$4,807,458
96$7,660,659$0$0$5,175,508
97$8,251,349$0$0$5,577,246
98$8,896,281$0$0$6,015,987
99$9,600,801$0$0$6,495,380
100$10,370,790$0$0$7,019,443