Can I retire at age 52 with 688,000?

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 $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%17.3%
1 years$56,814$56,308$55,815$55,333$54,862$53,234
2 years$28,126$27,602$27,094$26,602$26,125$24,498
3 years$18,564$18,038$17,532$17,044$16,575$15,000
4 years$13,785$13,260$12,759$12,279$11,821$10,311
5 years$10,917$10,396$9,901$9,432$8,986$7,544
6 years$9,007$8,489$8,002$7,543$7,111$5,738
7 years$7,642$7,129$6,649$6,201$5,783$4,480
8 years$6,619$6,111$5,639$5,202$4,797$3,564
9 years$5,824$5,321$4,857$4,431$4,040$2,874
10 years$5,189$4,690$4,235$3,820$3,442$2,342
11 years$4,669$4,175$3,728$3,324$2,961$1,925
12 years$4,236$3,747$3,309$2,916$2,566$1,592
13 years$3,870$3,387$2,956$2,574$2,237$1,323
14 years$3,557$3,078$2,656$2,285$1,961$1,105
15 years$3,285$2,812$2,398$2,038$1,727$925
16 years$3,048$2,580$2,174$1,825$1,526$777
17 years$2,839$2,376$1,978$1,639$1,353$655
18 years$2,653$2,196$1,806$1,477$1,203$552
19 years$2,487$2,035$1,653$1,335$1,072$467
20 years$2,338$1,891$1,517$1,209$958$395
21 years$2,204$1,761$1,396$1,097$857$335
22 years$2,081$1,644$1,286$998$768$284
23 years$1,970$1,538$1,188$909$690$241
24 years$1,868$1,441$1,098$829$620$204
25 years$1,774$1,352$1,017$757$558$174
26 years$1,687$1,271$944$692$502$148
27 years$1,607$1,196$876$633$453$126
28 years$1,533$1,127$814$580$409$107
29 years$1,465$1,063$758$532$369$91
30 years$1,400$1,004$706$488$334$77
31 years$1,341$949$658$449$302$66
32 years$1,285$898$614$412$273$56
33 years$1,232$850$573$379$247$48
34 years$1,183$806$536$349$223$41
35 years$1,136$765$501$321$202$35
36 years$1,093$726$469$296$183$30
37 years$1,051$689$439$272$166$25
38 years$1,012$655$411$251$151$21
39 years$976$623$385$232$137$18
40 years$941$593$361$214$124$16
41 years$907$564$338$197$112$13
42 years$876$537$317$182$102$11
43 years$846$512$298$168$93$10
44 years$817$488$279$155$84$8
45 years$790$465$262$143$76$7
46 years$764$444$246$132$69$6
47 years$740$424$232$122$63$5
48 years$716$404$218$113$57$4
49 years$693$386$204$104$52$4
50 years$672$369$192$96$47$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $688,000, adding $6,146 every year, while hoping to spend $21,583 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: 39/32/29 Blend
51$688,000$688,000$688,000$688,000
52$764,516$728,052$717,388$787,565
53$819,532$740,762$718,456$817,706
54$879,437$753,372$718,837$847,846
55$944,706$765,853$718,484$880,030
56$1,015,862$778,177$717,350$914,459
57$1,093,483$790,310$715,384$951,354
58$1,178,202$802,219$712,533$990,961
59$1,270,718$813,867$708,742$1,033,552
60$1,371,799$825,215$703,953$1,079,425
61$1,482,292$836,219$698,104$1,128,912
62$1,603,127$846,836$691,133$1,182,379
63$1,735,332$857,016$682,971$1,240,232
64$1,880,035$866,710$673,550$1,302,917
65$2,038,481$875,860$662,796$1,370,928
66$2,212,038$884,410$650,632$1,444,812
67$2,402,215$892,295$636,978$1,525,172
68$2,610,674$899,451$621,750$1,612,674
69$2,839,244$905,805$604,860$1,708,055
70$3,089,940$911,283$586,215$1,812,127
71$3,364,982$915,803$565,721$1,925,789
72$3,666,813$919,281$543,276$2,050,033
73$3,998,128$921,625$518,775$2,185,954
74$4,361,891$922,739$492,108$2,334,761
75$4,761,370$922,520$463,161$2,497,791
76$5,200,166$920,859$431,812$2,676,516
77$5,682,242$917,640$397,937$2,872,566
78$6,211,968$912,741$361,405$3,087,737
79$6,794,154$906,032$322,078$3,324,012
80$7,434,104$897,373$279,813$3,583,581
81$8,137,657$886,619$234,462$3,868,861
82$8,911,249$873,614$185,867$4,182,518
83$9,761,969$858,194$133,866$4,527,494
84$10,697,628$840,184$78,289$4,907,039
85$11,726,833$819,399$18,958$5,324,734
86$12,859,065$795,645$0$5,784,535
87$14,104,771$768,713$0$6,304,530
88$15,475,464$738,386$0$6,882,959
89$16,983,825$704,431$0$7,519,322
90$18,643,829$666,602$0$8,219,542
91$20,470,875$624,641$0$8,990,150
92$22,481,929$578,273$0$9,838,345
93$24,695,686$527,209$0$10,772,063
94$27,132,746$471,141$0$11,800,055
95$29,815,805$409,746$0$12,931,966
96$32,769,875$342,682$0$14,178,430
97$36,022,515$269,587$0$15,551,169
98$39,604,093$190,078$0$17,063,106
99$43,548,072$103,753$0$18,728,487
100$47,891,324$10,185$0$20,563,014