Can I retire at age 52 with 696,000?

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 $696,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$57,475$56,963$56,464$55,976$55,500$55,058
2 years$28,453$27,923$27,410$26,912$26,429$25,983
3 years$18,780$18,248$17,736$17,243$16,767$16,332
4 years$13,945$13,414$12,907$12,422$11,959$11,537
5 years$11,044$10,517$10,016$9,541$9,091$8,684
6 years$9,111$8,588$8,095$7,630$7,193$6,802
7 years$7,731$7,212$6,727$6,273$5,850$5,474
8 years$6,696$6,182$5,705$5,263$4,853$4,493
9 years$5,892$5,383$4,914$4,483$4,087$3,742
10 years$5,249$4,745$4,284$3,864$3,482$3,153
11 years$4,723$4,224$3,771$3,363$2,995$2,680
12 years$4,285$3,791$3,347$2,950$2,595$2,295
13 years$3,915$3,426$2,990$2,604$2,263$1,978
14 years$3,598$3,114$2,687$2,312$1,984$1,712
15 years$3,324$2,845$2,426$2,062$1,747$1,489
16 years$3,084$2,610$2,199$1,846$1,544$1,299
17 years$2,872$2,404$2,001$1,659$1,369$1,137
18 years$2,684$2,221$1,827$1,495$1,217$998
19 years$2,516$2,059$1,673$1,351$1,085$877
20 years$2,365$1,913$1,535$1,223$969$773
21 years$2,229$1,782$1,412$1,110$867$682
22 years$2,105$1,663$1,301$1,009$777$603
23 years$1,993$1,556$1,201$919$698$534
24 years$1,889$1,458$1,111$838$627$473
25 years$1,794$1,368$1,029$766$564$419
26 years$1,707$1,286$954$700$508$372
27 years$1,626$1,210$886$641$458$331
28 years$1,551$1,140$824$587$414$294
29 years$1,482$1,075$767$538$373$261
30 years$1,417$1,016$714$494$337$233
31 years$1,356$960$666$454$305$207
32 years$1,300$908$621$417$276$184
33 years$1,246$860$580$384$250$164
34 years$1,197$815$542$353$226$146
35 years$1,150$773$507$325$205$131
36 years$1,105$734$474$299$186$116
37 years$1,064$697$444$276$168$104
38 years$1,024$663$415$254$152$93
39 years$987$630$389$234$138$83
40 years$952$599$365$216$125$74
41 years$918$571$342$199$114$66
42 years$886$543$321$184$103$59
43 years$856$518$301$170$94$52
44 years$827$494$283$157$85$47
45 years$799$471$265$145$77$42
46 years$773$449$249$134$70$37
47 years$748$428$234$124$64$33
48 years$724$409$220$114$58$30
49 years$701$391$207$106$52$27
50 years$680$373$194$98$48$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $696,000, adding $6,904 every year, while hoping to spend $25,445 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: 65/25/10 Blend
51$696,000$696,000$696,000$696,000
52$774,113$737,225$726,437$822,329
53$826,000$746,276$723,700$864,386
54$882,326$754,918$720,018$906,688
55$943,517$763,103$715,333$952,254
56$1,010,043$770,782$709,583$1,001,400
57$1,082,418$777,901$702,705$1,054,475
58$1,161,210$784,404$694,631$1,111,864
59$1,247,043$790,229$685,291$1,173,990
60$1,340,604$795,313$674,610$1,241,321
61$1,442,648$799,586$662,513$1,314,373
62$1,554,008$802,975$648,917$1,393,713
63$1,675,599$805,403$633,738$1,479,969
64$1,808,430$806,788$616,887$1,573,833
65$1,953,610$807,040$598,273$1,676,066
66$2,112,361$806,068$577,798$1,787,509
67$2,286,028$803,771$555,360$1,909,090
68$2,476,092$800,046$530,855$2,041,832
69$2,684,186$794,780$504,170$2,186,861
70$2,912,104$787,856$475,191$2,345,423
71$3,161,825$779,147$443,797$2,518,888
72$3,435,527$768,521$409,860$2,708,769
73$3,735,609$755,837$373,248$2,916,733
74$4,064,714$740,946$333,825$3,144,621
75$4,425,752$723,689$291,445$3,394,461
76$4,821,929$703,900$245,959$3,668,490
77$5,256,775$681,401$197,208$3,969,174
78$5,734,180$656,004$145,028$4,299,233
79$6,258,429$627,510$89,249$4,661,667
80$6,834,241$595,711$29,692$5,059,783
81$7,466,816$560,383$0$5,497,228
82$8,161,881$521,291$0$5,981,637
83$8,925,747$478,188$0$6,517,445
84$9,765,364$430,811$0$7,106,392
85$10,688,392$378,881$0$7,753,890
86$11,703,268$322,106$0$8,465,907
87$12,819,288$260,176$0$9,249,020
88$14,046,694$192,764$0$10,110,480
89$15,396,771$119,523$0$11,058,278
90$16,881,951$40,089$0$12,101,225
91$18,515,932$0$0$13,249,031
92$20,313,808$0$0$14,525,035
93$22,292,209$0$0$15,941,353
94$24,469,459$0$0$17,500,080
95$26,865,746$0$0$19,215,678
96$29,503,317$0$0$21,104,080
97$32,406,684$0$0$23,182,844
98$35,602,857$0$0$25,471,316
99$39,121,596$0$0$27,990,812
100$42,995,695$0$0$30,764,821