Can I retire at age 52 with 695,000?

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 $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%16.7%
1 years$57,392$56,881$56,382$55,896$55,420$53,906
2 years$28,412$27,883$27,370$26,873$26,391$24,876
3 years$18,753$18,222$17,710$17,218$16,743$15,276
4 years$13,925$13,395$12,889$12,404$11,941$10,532
5 years$11,028$10,502$10,002$9,528$9,078$7,731
6 years$9,098$8,576$8,083$7,619$7,183$5,899
7 years$7,720$7,202$6,717$6,264$5,842$4,622
8 years$6,687$6,173$5,697$5,255$4,846$3,689
9 years$5,884$5,375$4,907$4,476$4,081$2,986
10 years$5,241$4,738$4,278$3,858$3,477$2,443
11 years$4,716$4,218$3,766$3,358$2,991$2,015
12 years$4,279$3,786$3,342$2,945$2,592$1,673
13 years$3,909$3,421$2,986$2,600$2,260$1,397
14 years$3,593$3,110$2,683$2,308$1,981$1,171
15 years$3,319$2,841$2,422$2,059$1,744$985
16 years$3,079$2,606$2,196$1,843$1,542$831
17 years$2,868$2,400$1,998$1,656$1,367$703
18 years$2,680$2,218$1,824$1,493$1,215$596
19 years$2,513$2,056$1,670$1,349$1,083$506
20 years$2,362$1,910$1,533$1,221$968$430
21 years$2,226$1,779$1,410$1,109$866$366
22 years$2,102$1,661$1,299$1,008$776$312
23 years$1,990$1,553$1,200$918$697$266
24 years$1,887$1,455$1,110$837$626$227
25 years$1,792$1,366$1,028$765$564$194
26 years$1,705$1,284$953$699$508$165
27 years$1,624$1,208$885$640$458$141
28 years$1,549$1,138$823$586$413$121
29 years$1,479$1,074$766$538$373$103
30 years$1,415$1,014$713$493$337$88
31 years$1,354$959$665$453$305$76
32 years$1,298$907$620$416$276$65
33 years$1,245$859$579$383$249$55
34 years$1,195$814$541$352$226$47
35 years$1,148$772$506$324$204$41
36 years$1,104$733$473$299$185$35
37 years$1,062$696$443$275$168$30
38 years$1,023$662$415$254$152$26
39 years$985$629$389$234$138$22
40 years$950$599$364$216$125$19
41 years$917$570$342$199$114$16
42 years$885$543$320$184$103$14
43 years$855$517$301$170$94$12
44 years$826$493$282$157$85$10
45 years$798$470$265$145$77$9
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$5
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 $4,410 every year, while hoping to spend $49,356 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: 31/41/28 Blend
51$695,000$695,000$695,000$695,000
52$770,439$733,604$722,831$787,608
53$796,509$717,036$694,532$784,685
54$823,585$698,002$663,630$776,907
55$851,715$676,329$629,987$767,565
56$880,955$651,835$593,456$756,555
57$911,362$624,324$553,887$743,771
58$942,998$593,593$511,119$729,099
59$975,929$559,424$464,986$712,422
60$1,010,226$521,588$415,316$693,614
61$1,045,967$479,844$361,926$672,545
62$1,083,233$433,933$304,628$649,079
63$1,122,113$383,586$243,224$623,072
64$1,162,703$328,517$177,507$594,374
65$1,205,107$268,422$107,261$562,828
66$1,249,436$202,983$32,262$528,270
67$1,295,811$131,861$0$490,529
68$1,344,362$54,701$0$463,698
69$1,395,232$0$0$444,530
70$1,448,573$0$0$436,284
71$1,504,552$0$0$453,562
72$1,563,351$0$0$471,746
73$1,625,165$0$0$490,899
74$1,690,208$0$0$511,094
75$1,758,712$0$0$532,408
76$1,830,931$0$0$554,925
77$1,907,141$0$0$578,737
78$1,987,642$0$0$603,945
79$2,072,762$0$0$630,659
80$2,162,860$0$0$658,999
81$2,258,325$0$0$689,096
82$2,359,587$0$0$721,093
83$2,467,110$0$0$755,148
84$2,581,407$0$0$791,432
85$2,703,035$0$0$830,135
86$2,832,606$0$0$871,461
87$2,970,791$0$0$915,637
88$3,118,322$0$0$962,910
89$3,276,003$0$0$1,013,552
90$3,444,716$0$0$1,067,862
91$3,625,426$0$0$1,126,165
92$3,819,192$0$0$1,188,820
93$4,027,178$0$0$1,256,222
94$4,250,660$0$0$1,328,802
95$4,491,036$0$0$1,407,035
96$4,749,846$0$0$1,491,443
97$5,028,776$0$0$1,582,598
98$5,329,683$0$0$1,681,131
99$5,654,604$0$0$1,787,733
100$6,005,777$0$0$1,903,165