Can I retire at age 52 with 688,000?

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 $688,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$56,814$56,308$55,815$55,333$54,862$54,289
2 years$28,126$27,602$27,094$26,602$26,125$25,548
3 years$18,564$18,038$17,532$17,044$16,575$16,012
4 years$13,785$13,260$12,759$12,279$11,821$11,276
5 years$10,917$10,396$9,901$9,432$8,986$8,461
6 years$9,007$8,489$8,002$7,543$7,111$6,606
7 years$7,642$7,129$6,649$6,201$5,783$5,299
8 years$6,619$6,111$5,639$5,202$4,797$4,334
9 years$5,824$5,321$4,857$4,431$4,040$3,597
10 years$5,189$4,690$4,235$3,820$3,442$3,020
11 years$4,669$4,175$3,728$3,324$2,961$2,558
12 years$4,236$3,747$3,309$2,916$2,566$2,182
13 years$3,870$3,387$2,956$2,574$2,237$1,873
14 years$3,557$3,078$2,656$2,285$1,961$1,615
15 years$3,285$2,812$2,398$2,038$1,727$1,399
16 years$3,048$2,580$2,174$1,825$1,526$1,215
17 years$2,839$2,376$1,978$1,639$1,353$1,059
18 years$2,653$2,196$1,806$1,477$1,203$926
19 years$2,487$2,035$1,653$1,335$1,072$810
20 years$2,338$1,891$1,517$1,209$958$711
21 years$2,204$1,761$1,396$1,097$857$625
22 years$2,081$1,644$1,286$998$768$550
23 years$1,970$1,538$1,188$909$690$484
24 years$1,868$1,441$1,098$829$620$427
25 years$1,774$1,352$1,017$757$558$377
26 years$1,687$1,271$944$692$502$333
27 years$1,607$1,196$876$633$453$294
28 years$1,533$1,127$814$580$409$260
29 years$1,465$1,063$758$532$369$231
30 years$1,400$1,004$706$488$334$204
31 years$1,341$949$658$449$302$181
32 years$1,285$898$614$412$273$160
33 years$1,232$850$573$379$247$142
34 years$1,183$806$536$349$223$126
35 years$1,136$765$501$321$202$112
36 years$1,093$726$469$296$183$99
37 years$1,051$689$439$272$166$88
38 years$1,012$655$411$251$151$78
39 years$976$623$385$232$137$69
40 years$941$593$361$214$124$62
41 years$907$564$338$197$112$55
42 years$876$537$317$182$102$49
43 years$846$512$298$168$93$43
44 years$817$488$279$155$84$38
45 years$790$465$262$143$76$34
46 years$764$444$246$132$69$30
47 years$740$424$232$122$63$27
48 years$716$404$218$113$57$24
49 years$693$386$204$104$52$21
50 years$672$369$192$96$47$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $688,000, adding $6,306 every year, while hoping to spend $59,690 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: 45/30/25 Blend
51$688,000$688,000$688,000$688,000
52$764,681$728,217$717,553$793,324
53$779,168$700,390$678,081$786,382
54$793,133$669,198$635,286$772,572
55$806,459$634,415$588,995$756,416
56$819,015$595,799$539,024$737,726
57$830,657$553,095$485,183$716,300
58$841,221$506,034$427,274$691,923
59$850,527$454,331$365,088$664,360
60$858,372$397,685$298,410$633,362
61$864,532$335,777$227,013$598,659
62$868,756$268,272$150,659$559,959
63$870,766$194,814$69,104$516,949
64$870,253$115,029$0$469,292
65$866,874$28,521$0$421,406
66$860,248$0$0$388,099
67$849,952$0$0$372,068
68$835,517$0$0$363,354
69$816,425$0$0$352,280
70$792,099$0$0$338,560
71$761,902$0$0$321,877
72$725,130$0$0$301,879
73$681,000$0$0$278,177
74$628,648$0$0$250,341
75$567,120$0$0$217,895
76$495,359$0$0$180,313
77$412,194$0$0$137,014
78$316,336$0$0$87,355
79$206,356$0$0$30,626
80$80,678$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0