Can I retire at age 52 with 689,000?

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 $689,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$56,897$56,390$55,896$55,413$54,942$53,247
2 years$28,167$27,642$27,134$26,641$26,163$24,470
3 years$18,591$18,065$17,557$17,069$16,599$14,961
4 years$13,805$13,279$12,777$12,297$11,838$10,269
5 years$10,933$10,411$9,916$9,446$8,999$7,502
6 years$9,020$8,501$8,013$7,554$7,121$5,697
7 years$7,653$7,140$6,659$6,210$5,791$4,440
8 years$6,629$6,120$5,647$5,210$4,804$3,526
9 years$5,833$5,328$4,864$4,437$4,046$2,838
10 years$5,196$4,697$4,241$3,825$3,447$2,309
11 years$4,676$4,181$3,733$3,329$2,965$1,893
12 years$4,242$3,753$3,313$2,920$2,569$1,563
13 years$3,876$3,392$2,960$2,578$2,240$1,297
14 years$3,562$3,083$2,660$2,288$1,964$1,080
15 years$3,290$2,816$2,401$2,041$1,729$903
16 years$3,053$2,584$2,177$1,827$1,528$757
17 years$2,843$2,380$1,981$1,642$1,355$636
18 years$2,657$2,199$1,809$1,480$1,205$535
19 years$2,491$2,038$1,656$1,337$1,074$451
20 years$2,342$1,894$1,519$1,211$959$381
21 years$2,207$1,764$1,398$1,099$858$322
22 years$2,084$1,647$1,288$999$769$272
23 years$1,973$1,540$1,189$910$691$231
24 years$1,870$1,443$1,100$830$621$195
25 years$1,776$1,354$1,019$758$559$166
26 years$1,690$1,273$945$693$503$141
27 years$1,610$1,198$877$634$454$119
28 years$1,536$1,129$816$581$409$101
29 years$1,467$1,065$759$533$370$86
30 years$1,403$1,005$707$489$334$73
31 years$1,343$950$659$449$302$62
32 years$1,286$899$615$413$273$53
33 years$1,234$852$574$380$247$45
34 years$1,185$807$537$349$224$38
35 years$1,138$766$502$322$203$32
36 years$1,094$727$469$296$184$27
37 years$1,053$690$439$273$166$23
38 years$1,014$656$411$252$151$20
39 years$977$624$385$232$137$17
40 years$942$593$361$214$124$14
41 years$909$565$339$197$113$12
42 years$877$538$318$182$102$10
43 years$847$513$298$168$93$9
44 years$819$489$280$155$84$7
45 years$791$466$263$143$76$6
46 years$765$444$247$132$69$5
47 years$741$424$232$122$63$5
48 years$717$405$218$113$57$4
49 years$694$387$205$104$52$3
50 years$673$369$193$97$47$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $689,000, adding $5,716 every year, while hoping to spend $39,989 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: 49/25/26 Blend
51$689,000$689,000$689,000$689,000
52$765,174$728,657$717,978$796,778
53$800,674$721,813$699,482$812,619
54$838,454$713,294$679,026$825,384
55$878,706$702,975$656,503$838,459
56$921,637$690,724$631,799$851,891
57$967,476$676,401$604,797$865,736
58$1,016,474$659,860$575,372$880,057
59$1,068,904$640,943$543,397$894,926
60$1,125,068$619,485$508,736$910,427
61$1,185,295$595,310$471,249$926,654
62$1,249,948$568,233$430,789$943,714
63$1,319,424$538,057$387,201$961,729
64$1,394,158$504,575$340,326$980,837
65$1,474,630$467,567$289,995$1,001,194
66$1,561,366$426,802$236,033$1,022,977
67$1,654,943$382,033$178,258$1,046,384
68$1,755,996$333,001$116,478$1,071,638
69$1,865,223$279,433$50,495$1,098,990
70$1,983,388$221,038$0$1,128,724
71$2,111,336$157,511$0$1,166,681
72$2,249,993$88,529$0$1,222,999
73$2,400,376$13,751$0$1,284,115
74$2,563,607$0$0$1,350,538
75$2,740,916$0$0$1,441,316
76$2,933,659$0$0$1,544,174
77$3,143,327$0$0$1,656,132
78$3,371,559$0$0$1,778,075
79$3,620,161$0$0$1,910,976
80$3,891,119$0$0$2,055,907
81$4,186,618$0$0$2,214,046
82$4,509,064$0$0$2,386,691
83$4,861,105$0$0$2,575,271
84$5,245,655$0$0$2,781,357
85$5,665,925$0$0$3,006,681
86$6,125,446$0$0$3,253,150
87$6,628,108$0$0$3,522,862
88$7,178,195$0$0$3,818,128
89$7,780,422$0$0$4,141,494
90$8,439,983$0$0$4,495,760
91$9,162,598$0$0$4,884,015
92$9,954,563$0$0$5,309,657
93$10,822,816$0$0$5,776,430
94$11,774,997$0$0$6,288,457
95$12,819,521$0$0$6,850,280
96$13,965,656$0$0$7,466,901
97$15,223,610$0$0$8,143,832
98$16,604,630$0$0$8,887,142
99$18,121,102$0$0$9,703,517
100$19,786,672$0$0$10,600,324