Can I retire at age 52 with 693,000?

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 $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%17.6%
1 years$57,227$56,718$56,220$55,735$55,261$53,556
2 years$28,330$27,803$27,291$26,796$26,315$24,612
3 years$18,699$18,169$17,659$17,168$16,695$15,048
4 years$13,885$13,356$12,851$12,369$11,907$10,328
5 years$10,997$10,472$9,973$9,500$9,052$7,545
6 years$9,072$8,551$8,060$7,598$7,162$5,730
7 years$7,698$7,181$6,698$6,246$5,825$4,466
8 years$6,668$6,155$5,680$5,240$4,832$3,546
9 years$5,867$5,359$4,892$4,463$4,069$2,855
10 years$5,226$4,724$4,265$3,847$3,467$2,322
11 years$4,703$4,206$3,755$3,348$2,982$1,904
12 years$4,267$3,775$3,333$2,937$2,584$1,572
13 years$3,898$3,411$2,977$2,593$2,253$1,304
14 years$3,583$3,101$2,675$2,302$1,975$1,086
15 years$3,309$2,833$2,415$2,053$1,739$908
16 years$3,070$2,599$2,190$1,838$1,537$761
17 years$2,860$2,393$1,993$1,651$1,363$640
18 years$2,673$2,212$1,819$1,488$1,212$538
19 years$2,506$2,050$1,665$1,345$1,080$454
20 years$2,355$1,905$1,528$1,218$965$383
21 years$2,220$1,774$1,406$1,105$863$324
22 years$2,096$1,656$1,296$1,005$774$274
23 years$1,984$1,549$1,196$915$695$232
24 years$1,881$1,451$1,106$835$624$197
25 years$1,787$1,362$1,025$762$562$167
26 years$1,700$1,280$950$697$506$141
27 years$1,619$1,205$882$638$456$120
28 years$1,545$1,135$820$585$412$102
29 years$1,475$1,071$763$536$372$86
30 years$1,411$1,011$711$492$336$73
31 years$1,350$956$663$452$304$62
32 years$1,294$905$619$415$275$53
33 years$1,241$857$578$382$249$45
34 years$1,191$812$540$351$225$38
35 years$1,145$770$505$323$204$32
36 years$1,101$731$472$298$185$28
37 years$1,059$694$442$274$167$23
38 years$1,020$660$414$253$152$20
39 years$983$627$388$233$138$17
40 years$947$597$363$215$125$14
41 years$914$568$341$198$113$12
42 years$882$541$320$183$103$10
43 years$852$516$300$169$93$9
44 years$823$491$281$156$85$8
45 years$796$469$264$144$77$6
46 years$770$447$248$133$70$5
47 years$745$427$233$123$63$5
48 years$721$407$219$114$58$4
49 years$698$389$206$105$52$3
50 years$677$372$194$97$47$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $693,000, adding $4,856 every year, while hoping to spend $39,732 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: 56/29/15 Blend
51$693,000$693,000$693,000$693,000
52$768,695$731,966$721,224$808,474
53$804,827$725,558$703,111$829,625
54$843,314$717,504$683,059$847,918
55$884,352$707,682$660,962$866,935
56$928,159$695,962$636,707$886,752
57$974,973$682,206$610,179$907,456
58$1,025,055$666,268$581,254$929,145
59$1,078,689$647,994$549,805$951,929
60$1,136,191$627,221$515,699$975,930
61$1,197,903$603,776$478,796$1,001,287
62$1,264,204$577,475$438,950$1,028,154
63$1,335,506$548,125$396,008$1,056,705
64$1,412,266$515,521$349,812$1,087,134
65$1,494,982$479,447$300,196$1,119,657
66$1,584,202$439,672$246,985$1,154,515
67$1,680,531$395,956$189,999$1,191,981
68$1,784,629$348,042$129,048$1,232,354
69$1,897,225$295,660$63,935$1,275,972
70$2,019,118$238,524$0$1,323,209
71$2,151,189$176,331$0$1,375,371
72$2,294,403$108,765$0$1,443,014
73$2,449,825$35,487$0$1,516,447
74$2,618,624$0$0$1,596,284
75$2,802,085$0$0$1,697,200
76$3,001,626$0$0$1,819,331
77$3,218,802$0$0$1,952,315
78$3,455,327$0$0$2,097,205
79$3,713,085$0$0$2,255,166
80$3,994,153$0$0$2,427,477
81$4,300,813$0$0$2,615,545
82$4,635,579$0$0$2,820,921
83$5,001,218$0$0$3,045,310
84$5,400,775$0$0$3,290,592
85$5,837,604$0$0$3,558,835
86$6,315,398$0$0$3,852,315
87$6,838,220$0$0$4,173,541
88$7,410,548$0$0$4,525,272
89$8,037,311$0$0$4,910,550
90$8,723,936$0$0$5,332,723
91$9,476,402$0$0$5,795,479
92$10,301,292$0$0$6,302,878
93$11,205,857$0$0$6,859,394
94$12,198,083$0$0$7,469,954
95$13,286,768$0$0$8,139,985
96$14,481,599$0$0$8,875,463
97$15,793,250$0$0$9,682,974
98$17,233,477$0$0$10,569,771
99$18,815,230$0$0$11,543,845
100$20,552,777$0$0$12,613,996