Can I retire at age 52 with 694,000?

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 $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%16.9%
1 years$57,310$56,799$56,301$55,815$55,341$53,785
2 years$28,371$27,843$27,331$26,834$26,353$24,797
3 years$18,726$18,196$17,685$17,193$16,719$15,212
4 years$13,905$13,376$12,870$12,387$11,924$10,478
5 years$11,013$10,487$9,988$9,514$9,065$7,683
6 years$9,085$8,563$8,072$7,608$7,173$5,857
7 years$7,709$7,191$6,707$6,255$5,833$4,583
8 years$6,677$6,164$5,688$5,247$4,839$3,654
9 years$5,875$5,367$4,899$4,470$4,075$2,954
10 years$5,234$4,731$4,271$3,853$3,472$2,414
11 years$4,710$4,212$3,761$3,353$2,986$1,988
12 years$4,273$3,780$3,337$2,941$2,588$1,649
13 years$3,904$3,416$2,982$2,597$2,257$1,374
14 years$3,588$3,105$2,679$2,305$1,978$1,151
15 years$3,314$2,837$2,419$2,056$1,742$967
16 years$3,075$2,603$2,193$1,841$1,539$814
17 years$2,864$2,397$1,996$1,654$1,365$688
18 years$2,676$2,215$1,822$1,490$1,214$582
19 years$2,509$2,053$1,668$1,347$1,082$493
20 years$2,359$1,907$1,531$1,220$966$419
21 years$2,223$1,777$1,408$1,107$865$356
22 years$2,099$1,658$1,297$1,006$775$303
23 years$1,987$1,551$1,198$917$696$258
24 years$1,884$1,453$1,108$836$625$219
25 years$1,789$1,364$1,026$763$563$187
26 years$1,702$1,282$952$698$507$160
27 years$1,621$1,206$884$639$457$136
28 years$1,547$1,137$822$585$412$116
29 years$1,477$1,072$765$537$372$99
30 years$1,413$1,013$712$493$336$85
31 years$1,352$957$664$453$304$72
32 years$1,296$906$619$416$275$62
33 years$1,243$858$578$382$249$53
34 years$1,193$813$540$352$225$45
35 years$1,146$771$505$324$204$39
36 years$1,102$732$473$298$185$33
37 years$1,061$695$442$275$168$28
38 years$1,021$661$414$253$152$24
39 years$984$628$388$234$138$21
40 years$949$598$364$215$125$18
41 years$915$569$341$199$113$15
42 years$884$542$320$183$103$13
43 years$853$516$300$169$93$11
44 years$825$492$282$156$85$9
45 years$797$469$265$144$77$8
46 years$771$448$249$133$70$7
47 years$746$427$234$123$63$6
48 years$722$408$219$114$58$5
49 years$699$389$206$105$52$4
50 years$678$372$194$97$48$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $694,000, adding $5,828 every year, while hoping to spend $47,598 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: 52/28/20 Blend
51$694,000$694,000$694,000$694,000
52$770,800$734,018$723,261$806,351
53$798,777$719,341$696,846$816,774
54$828,013$702,349$667,951$822,682
55$858,586$682,879$636,443$828,091
56$890,580$660,758$602,181$832,970
57$924,086$635,803$565,022$837,288
58$959,204$607,818$524,811$841,013
59$996,041$576,599$481,390$844,114
60$1,034,713$541,929$434,594$846,561
61$1,075,349$503,579$384,247$848,321
62$1,118,084$461,304$330,169$849,365
63$1,163,070$414,849$272,171$849,666
64$1,210,469$363,942$210,055$849,196
65$1,260,459$308,297$143,613$847,929
66$1,313,233$247,611$72,632$845,844
67$1,369,003$181,564$0$842,921
68$1,427,998$109,818$0$839,811
69$1,490,471$32,016$0$852,420
70$1,556,696$0$0$865,279
71$1,626,972$0$0$894,532
72$1,701,629$0$0$936,123
73$1,781,026$0$0$980,392
74$1,865,554$0$0$1,027,564
75$1,955,645$0$0$1,077,883
76$2,051,768$0$0$1,131,618
77$2,154,441$0$0$1,189,064
78$2,264,228$0$0$1,250,542
79$2,381,750$0$0$1,316,408
80$2,507,685$0$0$1,387,048
81$2,642,781$0$0$1,462,890
82$2,787,854$0$0$1,544,400
83$2,943,804$0$0$1,632,091
84$3,111,615$0$0$1,726,526
85$3,292,371$0$0$1,828,325
86$3,487,260$0$0$1,938,167
87$3,697,589$0$0$2,056,798
88$3,924,792$0$0$2,185,039
89$4,170,446$0$0$2,323,792
90$4,436,284$0$0$2,474,048
91$4,724,212$0$0$2,636,897
92$5,036,325$0$0$2,813,536
93$5,374,926$0$0$3,005,285
94$5,742,548$0$0$3,213,592
95$6,141,979$0$0$3,440,053
96$6,576,283$0$0$3,686,421
97$7,048,831$0$0$3,954,625
98$7,563,336$0$0$4,246,791
99$8,123,879$0$0$4,565,255
100$8,734,954$0$0$4,912,588