Can I retire at age 52 with 697,000?

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 $697,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$57,558$57,045$56,545$56,056$55,580$54,170
2 years$28,494$27,963$27,449$26,950$26,467$25,056
3 years$18,807$18,274$17,761$17,267$16,791$15,423
4 years$13,965$13,434$12,926$12,440$11,976$10,661
5 years$11,060$10,532$10,031$9,555$9,104$7,846
6 years$9,124$8,600$8,106$7,641$7,204$6,004
7 years$7,742$7,222$6,736$6,282$5,858$4,717
8 years$6,706$6,191$5,713$5,270$4,860$3,776
9 years$5,901$5,390$4,921$4,489$4,093$3,066
10 years$5,257$4,751$4,290$3,870$3,487$2,516
11 years$4,730$4,230$3,777$3,368$2,999$2,082
12 years$4,291$3,796$3,352$2,954$2,599$1,734
13 years$3,921$3,431$2,995$2,608$2,266$1,452
14 years$3,603$3,119$2,691$2,315$1,987$1,222
15 years$3,328$2,849$2,429$2,065$1,749$1,031
16 years$3,088$2,614$2,203$1,849$1,546$873
17 years$2,876$2,407$2,004$1,661$1,371$741
18 years$2,688$2,224$1,830$1,497$1,219$631
19 years$2,520$2,062$1,675$1,353$1,086$537
20 years$2,369$1,916$1,537$1,225$970$458
21 years$2,232$1,784$1,414$1,112$868$392
22 years$2,108$1,666$1,303$1,011$778$335
23 years$1,995$1,558$1,203$921$699$287
24 years$1,892$1,460$1,113$840$628$246
25 years$1,797$1,370$1,031$767$565$211
26 years$1,709$1,287$956$701$509$181
27 years$1,628$1,212$888$642$459$155
28 years$1,553$1,142$825$588$414$133
29 years$1,484$1,077$768$539$374$114
30 years$1,419$1,017$715$495$338$98
31 years$1,358$962$667$454$305$84
32 years$1,301$910$622$418$276$72
33 years$1,248$862$581$384$250$62
34 years$1,198$817$543$353$226$54
35 years$1,151$775$507$325$205$46
36 years$1,107$735$475$300$186$40
37 years$1,065$698$444$276$168$34
38 years$1,026$664$416$254$153$29
39 years$988$631$390$235$138$25
40 years$953$600$365$216$126$22
41 years$919$571$343$200$114$19
42 years$887$544$321$184$103$16
43 years$857$519$302$170$94$14
44 years$828$494$283$157$85$12
45 years$801$471$266$145$77$10
46 years$774$450$250$134$70$9
47 years$749$429$235$124$64$8
48 years$725$410$220$114$58$7
49 years$702$391$207$106$53$6
50 years$681$374$195$98$48$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $697,000, adding $4,676 every year, while hoping to spend $51,967 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: 63/9/28 Blend
51$697,000$697,000$697,000$697,000
52$772,917$735,976$725,173$815,563
53$796,462$716,747$694,174$825,816
54$820,667$694,833$660,394$830,912
55$845,545$670,049$623,687$835,361
56$871,106$642,198$583,896$839,108
57$897,364$611,070$540,861$842,095
58$924,327$576,445$494,413$844,258
59$952,008$538,090$444,375$845,533
60$980,413$495,757$390,562$845,849
61$1,009,553$449,186$332,783$845,131
62$1,039,432$398,101$270,836$843,300
63$1,070,056$342,210$204,511$840,271
64$1,101,429$281,205$133,589$835,955
65$1,133,552$214,762$57,842$830,255
66$1,166,425$142,536$0$823,070
67$1,200,044$64,164$0$821,162
68$1,234,403$0$0$836,432
69$1,269,494$0$0$853,592
70$1,305,303$0$0$877,578
71$1,341,814$0$0$902,024
72$1,379,005$0$0$926,914
73$1,416,850$0$0$952,228
74$1,455,316$0$0$977,943
75$1,494,366$0$0$1,004,032
76$1,533,952$0$0$1,030,462
77$1,574,022$0$0$1,057,194
78$1,614,513$0$0$1,084,184
79$1,655,351$0$0$1,111,381
80$1,696,455$0$0$1,138,725
81$1,737,727$0$0$1,166,148
82$1,779,058$0$0$1,193,573
83$1,820,323$0$0$1,220,913
84$1,861,382$0$0$1,248,068
85$1,902,073$0$0$1,274,926
86$1,942,215$0$0$1,301,358
87$1,981,605$0$0$1,327,223
88$2,020,014$0$0$1,352,360
89$2,057,183$0$0$1,376,589
90$2,092,824$0$0$1,399,706
91$2,126,613$0$0$1,421,487
92$2,158,189$0$0$1,441,678
93$2,187,147$0$0$1,459,998
94$2,213,037$0$0$1,476,131
95$2,235,356$0$0$1,489,727
96$2,253,544$0$0$1,500,396
97$2,266,978$0$0$1,507,702
98$2,274,965$0$0$1,511,162
99$2,276,734$0$0$1,510,241
100$2,271,430$0$0$1,504,340