Can I retire at age 52 with 695,000?

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 $695,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$57,392$56,881$56,382$55,896$55,420$53,884
2 years$28,412$27,883$27,370$26,873$26,391$24,854
3 years$18,753$18,222$17,710$17,218$16,743$15,255
4 years$13,925$13,395$12,889$12,404$11,941$10,513
5 years$11,028$10,502$10,002$9,528$9,078$7,712
6 years$9,098$8,576$8,083$7,619$7,183$5,882
7 years$7,720$7,202$6,717$6,264$5,842$4,606
8 years$6,687$6,173$5,697$5,255$4,846$3,674
9 years$5,884$5,375$4,907$4,476$4,081$2,972
10 years$5,241$4,738$4,278$3,858$3,477$2,430
11 years$4,716$4,218$3,766$3,358$2,991$2,003
12 years$4,279$3,786$3,342$2,945$2,592$1,662
13 years$3,909$3,421$2,986$2,600$2,260$1,386
14 years$3,593$3,110$2,683$2,308$1,981$1,161
15 years$3,319$2,841$2,422$2,059$1,744$976
16 years$3,079$2,606$2,196$1,843$1,542$823
17 years$2,868$2,400$1,998$1,656$1,367$696
18 years$2,680$2,218$1,824$1,493$1,215$589
19 years$2,513$2,056$1,670$1,349$1,083$500
20 years$2,362$1,910$1,533$1,221$968$424
21 years$2,226$1,779$1,410$1,109$866$361
22 years$2,102$1,661$1,299$1,008$776$307
23 years$1,990$1,553$1,200$918$697$262
24 years$1,887$1,455$1,110$837$626$223
25 years$1,792$1,366$1,028$765$564$190
26 years$1,705$1,284$953$699$508$163
27 years$1,624$1,208$885$640$458$139
28 years$1,549$1,138$823$586$413$119
29 years$1,479$1,074$766$538$373$101
30 years$1,415$1,014$713$493$337$87
31 years$1,354$959$665$453$305$74
32 years$1,298$907$620$416$276$63
33 years$1,245$859$579$383$249$54
34 years$1,195$814$541$352$226$46
35 years$1,148$772$506$324$204$40
36 years$1,104$733$473$299$185$34
37 years$1,062$696$443$275$168$29
38 years$1,023$662$415$254$152$25
39 years$985$629$389$234$138$21
40 years$950$599$364$216$125$18
41 years$917$570$342$199$114$16
42 years$885$543$320$184$103$13
43 years$855$517$301$170$94$11
44 years$826$493$282$157$85$10
45 years$798$470$265$145$77$8
46 years$772$448$249$134$70$7
47 years$747$428$234$123$64$6
48 years$723$408$220$114$58$5
49 years$700$390$207$105$52$4
50 years$679$373$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 $695,000, adding $6,675 every year, while hoping to spend $40,887 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: 42/30/28 Blend
51$695,000$695,000$695,000$695,000
52$772,775$735,940$725,168$798,660
53$808,095$728,498$705,957$810,478
54$845,647$719,320$684,733$818,920
55$885,615$708,280$661,384$827,283
56$928,203$695,240$635,795$835,583
57$973,630$680,058$607,845$843,843
58$1,022,140$662,580$577,407$852,091
59$1,073,997$642,645$544,349$860,360
60$1,129,493$620,083$508,534$868,691
61$1,188,947$594,713$469,815$877,135
62$1,252,709$566,344$428,044$885,748
63$1,321,164$534,772$383,061$894,600
64$1,394,732$499,785$334,703$903,771
65$1,473,876$461,157$282,797$913,355
66$1,559,105$418,647$227,165$923,458
67$1,650,976$372,004$167,617$934,207
68$1,750,103$320,959$103,960$945,743
69$1,857,159$265,231$35,988$958,232
70$1,972,884$204,522$0$971,859
71$2,098,090$138,516$0$997,758
72$2,233,674$66,881$0$1,037,435
73$2,380,616$0$0$1,080,471
74$2,539,998$0$0$1,130,792
75$2,713,009$0$0$1,209,456
76$2,900,955$0$0$1,294,989
77$3,105,276$0$0$1,388,055
78$3,327,553$0$0$1,489,384
79$3,569,526$0$0$1,599,780
80$3,833,112$0$0$1,720,129
81$4,120,417$0$0$1,851,405
82$4,433,761$0$0$1,994,679
83$4,775,699$0$0$2,151,132
84$5,149,039$0$0$2,322,063
85$5,556,876$0$0$2,508,900
86$6,002,615$0$0$2,713,221
87$6,490,006$0$0$2,936,756
88$7,023,177$0$0$3,181,416
89$7,606,675$0$0$3,449,303
90$8,245,504$0$0$3,742,730
91$8,945,176$0$0$4,064,247
92$9,711,762$0$0$4,416,662
93$10,551,946$0$0$4,803,065
94$11,473,090$0$0$5,226,863
95$12,483,305$0$0$5,691,805
96$13,591,519$0$0$6,202,023
97$14,807,572$0$0$6,762,068
98$16,142,298$0$0$7,376,951
99$17,607,633$0$0$8,052,195
100$19,216,725$0$0$8,793,881