Can I retire at age 52 with 690,000?

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 $690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$56,980$56,472$55,977$55,494$55,022$53,691
2 years$28,208$27,682$27,173$26,680$26,201$24,869
3 years$18,618$18,091$17,583$17,094$16,623$15,330
4 years$13,825$13,299$12,796$12,315$11,856$10,613
5 years$10,949$10,426$9,930$9,459$9,012$7,823
6 years$9,033$8,514$8,025$7,565$7,131$5,996
7 years$7,664$7,150$6,669$6,219$5,800$4,719
8 years$6,639$6,129$5,656$5,217$4,811$3,784
9 years$5,841$5,336$4,871$4,444$4,052$3,078
10 years$5,204$4,704$4,247$3,831$3,452$2,531
11 years$4,682$4,187$3,739$3,334$2,969$2,098
12 years$4,248$3,758$3,318$2,924$2,573$1,751
13 years$3,881$3,396$2,965$2,582$2,244$1,470
14 years$3,567$3,087$2,664$2,292$1,967$1,239
15 years$3,295$2,820$2,405$2,044$1,732$1,048
16 years$3,057$2,588$2,180$1,830$1,531$889
17 years$2,847$2,383$1,984$1,644$1,357$756
18 years$2,661$2,202$1,811$1,482$1,207$645
19 years$2,495$2,041$1,658$1,339$1,075$551
20 years$2,345$1,896$1,522$1,213$961$471
21 years$2,210$1,766$1,400$1,101$860$403
22 years$2,087$1,649$1,290$1,001$771$346
23 years$1,975$1,542$1,191$911$692$297
24 years$1,873$1,445$1,102$831$622$255
25 years$1,779$1,356$1,020$759$559$219
26 years$1,692$1,274$946$694$504$188
27 years$1,612$1,199$879$635$454$162
28 years$1,538$1,130$817$582$410$139
29 years$1,469$1,066$760$534$370$120
30 years$1,405$1,007$708$490$334$103
31 years$1,345$952$660$450$302$89
32 years$1,288$901$616$413$274$77
33 years$1,236$853$575$380$248$66
34 years$1,186$808$537$350$224$57
35 years$1,140$767$502$322$203$49
36 years$1,096$728$470$297$184$42
37 years$1,055$691$440$273$167$36
38 years$1,015$657$412$252$151$31
39 years$978$625$386$232$137$27
40 years$943$594$362$214$124$23
41 years$910$566$339$198$113$20
42 years$878$539$318$182$102$17
43 years$848$513$299$168$93$15
44 years$820$489$280$155$84$13
45 years$793$467$263$144$77$11
46 years$767$445$247$133$69$10
47 years$742$425$232$123$63$8
48 years$718$406$218$113$57$7
49 years$695$387$205$105$52$6
50 years$674$370$193$97$47$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $690,000, adding $4,565 every year, while hoping to spend $57,632 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: 58/18/24 Blend
51$690,000$690,000$690,000$690,000
52$765,089$728,519$717,824$804,264
53$781,808$702,896$680,551$805,887
54$798,301$674,087$640,098$801,101
55$814,483$641,873$596,297$794,649
56$830,261$606,025$548,974$786,383
57$845,529$566,301$497,945$776,145
58$860,167$522,444$443,021$763,763
59$874,043$474,183$384,000$749,051
60$887,007$421,230$320,676$731,808
61$898,894$363,282$252,831$711,818
62$909,518$300,019$180,237$688,845
63$918,671$231,103$102,658$662,635
64$926,125$156,176$19,847$632,911
65$931,622$74,861$0$599,374
66$934,877$0$0$579,250
67$935,573$0$0$563,824
68$933,359$0$0$561,332
69$927,843$0$0$556,697
70$918,592$0$0$549,639
71$905,124$0$0$539,850
72$886,907$0$0$526,989
73$863,350$0$0$510,675
74$833,799$0$0$490,491
75$797,528$0$0$465,972
76$753,737$0$0$436,603
77$701,536$0$0$401,816
78$639,946$0$0$360,983
79$567,878$0$0$313,407
80$484,134$0$0$258,320
81$387,385$0$0$194,872
82$276,165$0$0$122,123
83$148,852$0$0$39,036
84$3,656$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