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%19%
1 years$57,310$56,799$56,301$55,815$55,341$53,335
2 years$28,371$27,843$27,331$26,834$26,353$24,354
3 years$18,726$18,196$17,685$17,193$16,719$14,790
4 years$13,905$13,376$12,870$12,387$11,924$10,080
5 years$11,013$10,487$9,988$9,514$9,065$7,310
6 years$9,085$8,563$8,072$7,608$7,173$5,508
7 years$7,709$7,191$6,707$6,255$5,833$4,259
8 years$6,677$6,164$5,688$5,247$4,839$3,354
9 years$5,875$5,367$4,899$4,470$4,075$2,677
10 years$5,234$4,731$4,271$3,853$3,472$2,159
11 years$4,710$4,212$3,761$3,353$2,986$1,754
12 years$4,273$3,780$3,337$2,941$2,588$1,434
13 years$3,904$3,416$2,982$2,597$2,257$1,179
14 years$3,588$3,105$2,679$2,305$1,978$973
15 years$3,314$2,837$2,419$2,056$1,742$805
16 years$3,075$2,603$2,193$1,841$1,539$668
17 years$2,864$2,397$1,996$1,654$1,365$555
18 years$2,676$2,215$1,822$1,490$1,214$463
19 years$2,509$2,053$1,668$1,347$1,082$386
20 years$2,359$1,907$1,531$1,220$966$322
21 years$2,223$1,777$1,408$1,107$865$270
22 years$2,099$1,658$1,297$1,006$775$226
23 years$1,987$1,551$1,198$917$696$189
24 years$1,884$1,453$1,108$836$625$158
25 years$1,789$1,364$1,026$763$563$133
26 years$1,702$1,282$952$698$507$111
27 years$1,621$1,206$884$639$457$93
28 years$1,547$1,137$822$585$412$78
29 years$1,477$1,072$765$537$372$66
30 years$1,413$1,013$712$493$336$55
31 years$1,352$957$664$453$304$46
32 years$1,296$906$619$416$275$39
33 years$1,243$858$578$382$249$33
34 years$1,193$813$540$352$225$27
35 years$1,146$771$505$324$204$23
36 years$1,102$732$473$298$185$19
37 years$1,061$695$442$275$168$16
38 years$1,021$661$414$253$152$14
39 years$984$628$388$234$138$11
40 years$949$598$364$215$125$10
41 years$915$569$341$199$113$8
42 years$884$542$320$183$103$7
43 years$853$516$300$169$93$6
44 years$825$492$282$156$85$5
45 years$797$469$265$144$77$4
46 years$771$448$249$133$70$3
47 years$746$427$234$123$63$3
48 years$722$408$219$114$58$2
49 years$699$389$206$105$52$2
50 years$678$372$194$97$48$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $694,000, adding $5,733 every year, while hoping to spend $36,614 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: 84/9/7 Blend
51$694,000$694,000$694,000$694,000
52$770,702$733,920$723,163$834,483
53$810,356$730,925$708,432$873,990
54$852,828$726,556$691,980$911,816
55$898,367$720,707$673,711$952,213
56$947,245$713,266$653,525$995,416
57$999,761$704,114$631,316$1,041,683
58$1,056,245$693,124$606,973$1,091,299
59$1,117,057$680,162$580,382$1,144,577
60$1,182,595$665,087$551,422$1,201,862
61$1,253,292$647,749$519,967$1,263,533
62$1,329,627$627,988$485,886$1,330,010
63$1,412,127$605,637$449,041$1,401,752
64$1,501,368$580,518$409,288$1,479,268
65$1,597,986$552,441$366,477$1,563,117
66$1,702,678$521,209$320,452$1,653,914
67$1,816,212$486,609$271,048$1,752,340
68$1,939,433$448,420$218,095$1,859,141
69$2,073,268$406,405$161,414$1,975,143
70$2,218,738$360,316$100,818$2,101,254
71$2,376,967$309,890$36,114$2,238,474
72$2,549,192$254,848$0$2,387,907
73$2,736,771$194,897$0$2,553,229
74$2,941,201$129,726$0$2,736,359
75$3,164,129$59,009$0$2,936,090
76$3,407,368$0$0$3,154,068
77$3,672,913$0$0$3,393,848
78$3,962,961$0$0$3,662,147
79$4,279,929$0$0$3,955,360
80$4,626,479$0$0$4,275,950
81$5,005,542$0$0$4,626,631
82$5,420,346$0$0$5,010,389
83$5,874,442$0$0$5,430,513
84$6,371,745$0$0$5,890,625
85$6,916,564$0$0$6,394,714
86$7,513,643$0$0$6,947,172
87$8,168,210$0$0$7,552,837
88$8,886,019$0$0$8,217,038
89$9,673,412$0$0$8,945,642
90$10,537,371$0$0$9,745,113
91$11,485,588$0$0$10,622,571
92$12,526,535$0$0$11,585,858
93$13,669,546$0$0$12,643,615
94$14,924,901$0$0$13,805,356
95$16,303,925$0$0$15,081,566
96$17,819,095$0$0$16,483,793
97$19,484,156$0$0$18,024,761
98$21,314,250$0$0$19,718,485
99$23,326,059$0$0$21,580,409
100$25,537,962$0$0$23,627,543