Can I retire at age 52 with 694,000?

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 $694,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$57,310$56,799$56,301$55,815$55,341$54,446
2 years$28,371$27,843$27,331$26,834$26,353$25,454
3 years$18,726$18,196$17,685$17,193$16,719$15,844
4 years$13,905$13,376$12,870$12,387$11,924$11,080
5 years$11,013$10,487$9,988$9,514$9,065$8,253
6 years$9,085$8,563$8,072$7,608$7,173$6,395
7 years$7,709$7,191$6,707$6,255$5,833$5,090
8 years$6,677$6,164$5,688$5,247$4,839$4,130
9 years$5,875$5,367$4,899$4,470$4,075$3,399
10 years$5,234$4,731$4,271$3,853$3,472$2,829
11 years$4,710$4,212$3,761$3,353$2,986$2,376
12 years$4,273$3,780$3,337$2,941$2,588$2,009
13 years$3,904$3,416$2,982$2,597$2,257$1,708
14 years$3,588$3,105$2,679$2,305$1,978$1,460
15 years$3,314$2,837$2,419$2,056$1,742$1,252
16 years$3,075$2,603$2,193$1,841$1,539$1,077
17 years$2,864$2,397$1,996$1,654$1,365$930
18 years$2,676$2,215$1,822$1,490$1,214$804
19 years$2,509$2,053$1,668$1,347$1,082$697
20 years$2,359$1,907$1,531$1,220$966$605
21 years$2,223$1,777$1,408$1,107$865$526
22 years$2,099$1,658$1,297$1,006$775$458
23 years$1,987$1,551$1,198$917$696$399
24 years$1,884$1,453$1,108$836$625$348
25 years$1,789$1,364$1,026$763$563$304
26 years$1,702$1,282$952$698$507$266
27 years$1,621$1,206$884$639$457$232
28 years$1,547$1,137$822$585$412$203
29 years$1,477$1,072$765$537$372$178
30 years$1,413$1,013$712$493$336$156
31 years$1,352$957$664$453$304$136
32 years$1,296$906$619$416$275$119
33 years$1,243$858$578$382$249$105
34 years$1,193$813$540$352$225$92
35 years$1,146$771$505$324$204$80
36 years$1,102$732$473$298$185$70
37 years$1,061$695$442$275$168$62
38 years$1,021$661$414$253$152$54
39 years$984$628$388$234$138$48
40 years$949$598$364$215$125$42
41 years$915$569$341$199$113$37
42 years$884$542$320$183$103$32
43 years$853$516$300$169$93$28
44 years$825$492$282$156$85$25
45 years$797$469$265$144$77$22
46 years$771$448$249$133$70$19
47 years$746$427$234$123$63$17
48 years$722$408$219$114$58$15
49 years$699$389$206$105$52$13
50 years$678$372$194$97$48$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $694,000, adding $2,524 every year, while hoping to spend $50,372 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: 60/21/19 Blend
51$694,000$694,000$694,000$694,000
52$767,392$730,610$719,853$809,496
53$792,070$712,814$690,372$820,480
54$817,577$692,458$658,216$826,679
55$843,945$669,364$623,241$832,293
56$871,206$643,341$585,298$837,275
57$899,395$614,190$544,231$841,572
58$928,548$581,700$499,878$845,130
59$958,703$545,647$452,067$847,891
60$989,900$505,793$400,620$849,795
61$1,022,182$461,888$345,353$850,779
62$1,055,592$413,669$286,071$850,775
63$1,090,179$360,855$222,570$849,714
64$1,125,992$303,152$154,641$847,522
65$1,163,083$240,246$82,061$844,122
66$1,201,507$171,808$4,600$839,432
67$1,241,324$97,490$0$833,368
68$1,282,597$16,924$0$841,667
69$1,325,391$0$0$850,434
70$1,369,777$0$0$874,932
71$1,415,830$0$0$904,413
72$1,463,630$0$0$935,019
73$1,513,262$0$0$966,805
74$1,564,817$0$0$999,829
75$1,618,393$0$0$1,034,157
76$1,674,094$0$0$1,069,854
77$1,732,031$0$0$1,106,995
78$1,792,323$0$0$1,145,656
79$1,855,100$0$0$1,185,922
80$1,920,498$0$0$1,227,882
81$1,988,667$0$0$1,271,634
82$2,059,765$0$0$1,317,281
83$2,133,966$0$0$1,364,937
84$2,211,454$0$0$1,414,722
85$2,292,431$0$0$1,466,768
86$2,377,113$0$0$1,521,216
87$2,465,734$0$0$1,578,221
88$2,558,548$0$0$1,637,948
89$2,655,831$0$0$1,700,578
90$2,757,880$0$0$1,766,306
91$2,865,020$0$0$1,835,345
92$2,977,602$0$0$1,907,925
93$3,096,008$0$0$1,984,298
94$3,220,655$0$0$2,064,736
95$3,351,994$0$0$2,149,538
96$3,490,519$0$0$2,239,027
97$3,636,767$0$0$2,333,555
98$3,791,324$0$0$2,433,510
99$3,954,830$0$0$2,539,310
100$4,127,983$0$0$2,651,417