Can I retire at age 52 with 693,000?

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 $693,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$57,227$56,718$56,220$55,735$55,261$53,991
2 years$28,330$27,803$27,291$26,796$26,315$25,042
3 years$18,699$18,169$17,659$17,168$16,695$15,460
4 years$13,885$13,356$12,851$12,369$11,907$10,719
5 years$10,997$10,472$9,973$9,500$9,052$7,913
6 years$9,072$8,551$8,060$7,598$7,162$6,075
7 years$7,698$7,181$6,698$6,246$5,825$4,789
8 years$6,668$6,155$5,680$5,240$4,832$3,848
9 years$5,867$5,359$4,892$4,463$4,069$3,135
10 years$5,226$4,724$4,265$3,847$3,467$2,582
11 years$4,703$4,206$3,755$3,348$2,982$2,145
12 years$4,267$3,775$3,333$2,937$2,584$1,794
13 years$3,898$3,411$2,977$2,593$2,253$1,508
14 years$3,583$3,101$2,675$2,302$1,975$1,274
15 years$3,309$2,833$2,415$2,053$1,739$1,080
16 years$3,070$2,599$2,190$1,838$1,537$918
17 years$2,860$2,393$1,993$1,651$1,363$783
18 years$2,673$2,212$1,819$1,488$1,212$669
19 years$2,506$2,050$1,665$1,345$1,080$573
20 years$2,355$1,905$1,528$1,218$965$491
21 years$2,220$1,774$1,406$1,105$863$421
22 years$2,096$1,656$1,296$1,005$774$362
23 years$1,984$1,549$1,196$915$695$311
24 years$1,881$1,451$1,106$835$624$268
25 years$1,787$1,362$1,025$762$562$231
26 years$1,700$1,280$950$697$506$199
27 years$1,619$1,205$882$638$456$172
28 years$1,545$1,135$820$585$412$148
29 years$1,475$1,071$763$536$372$128
30 years$1,411$1,011$711$492$336$110
31 years$1,350$956$663$452$304$95
32 years$1,294$905$619$415$275$82
33 years$1,241$857$578$382$249$71
34 years$1,191$812$540$351$225$61
35 years$1,145$770$505$323$204$53
36 years$1,101$731$472$298$185$46
37 years$1,059$694$442$274$167$40
38 years$1,020$660$414$253$152$34
39 years$983$627$388$233$138$30
40 years$947$597$363$215$125$26
41 years$914$568$341$198$113$22
42 years$882$541$320$183$103$19
43 years$852$516$300$169$93$17
44 years$823$491$281$156$85$14
45 years$796$469$264$144$77$12
46 years$770$447$248$133$70$11
47 years$745$427$233$123$63$9
48 years$721$407$219$114$58$8
49 years$698$389$206$105$52$7
50 years$677$372$194$97$47$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $693,000, adding $6,655 every year, while hoping to spend $55,246 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: 74/20/6 Blend
51$693,000$693,000$693,000$693,000
52$770,551$733,822$723,080$826,563
53$790,365$710,998$688,522$841,521
54$810,350$685,204$650,955$850,238
55$830,463$656,236$610,219$858,203
56$850,657$623,878$566,148$865,321
57$870,879$587,903$518,569$871,491
58$891,067$548,069$467,300$876,601
59$911,152$504,121$412,151$880,529
60$931,056$455,789$352,924$883,142
61$950,690$402,788$289,412$884,296
62$969,952$344,818$221,400$883,832
63$988,732$281,559$148,662$881,578
64$1,006,903$212,675$70,962$877,346
65$1,024,323$137,811$0$870,931
66$1,040,833$56,593$0$862,875
67$1,056,256$0$0$857,067
68$1,070,393$0$0$855,613
69$1,083,024$0$0$865,370
70$1,093,903$0$0$873,680
71$1,102,754$0$0$880,318
72$1,109,271$0$0$885,036
73$1,113,116$0$0$887,556
74$1,113,910$0$0$887,568
75$1,111,234$0$0$884,730
76$1,104,621$0$0$878,661
77$1,093,555$0$0$868,940
78$1,077,462$0$0$855,098
79$1,055,708$0$0$836,615
80$1,027,587$0$0$812,918
81$992,321$0$0$783,370
82$949,044$0$0$747,265
83$896,802$0$0$703,822
84$834,536$0$0$652,180
85$761,077$0$0$591,381
86$675,129$0$0$520,371
87$575,262$0$0$437,980
88$459,893$0$0$342,919
89$327,274$0$0$233,759
90$175,473$0$0$108,925
91$2,356$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