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%12.9%
1 years$57,558$57,045$56,545$56,056$55,580$54,908
2 years$28,494$27,963$27,449$26,950$26,467$25,791
3 years$18,807$18,274$17,761$17,267$16,791$16,132
4 years$13,965$13,434$12,926$12,440$11,976$11,338
5 years$11,060$10,532$10,031$9,555$9,104$8,490
6 years$9,124$8,600$8,106$7,641$7,204$6,614
7 years$7,742$7,222$6,736$6,282$5,858$5,294
8 years$6,706$6,191$5,713$5,270$4,860$4,320
9 years$5,901$5,390$4,921$4,489$4,093$3,577
10 years$5,257$4,751$4,290$3,870$3,487$2,995
11 years$4,730$4,230$3,777$3,368$2,999$2,531
12 years$4,291$3,796$3,352$2,954$2,599$2,154
13 years$3,921$3,431$2,995$2,608$2,266$1,844
14 years$3,603$3,119$2,691$2,315$1,987$1,586
15 years$3,328$2,849$2,429$2,065$1,749$1,370
16 years$3,088$2,614$2,203$1,849$1,546$1,187
17 years$2,876$2,407$2,004$1,661$1,371$1,032
18 years$2,688$2,224$1,830$1,497$1,219$899
19 years$2,520$2,062$1,675$1,353$1,086$785
20 years$2,369$1,916$1,537$1,225$970$686
21 years$2,232$1,784$1,414$1,112$868$601
22 years$2,108$1,666$1,303$1,011$778$527
23 years$1,995$1,558$1,203$921$699$463
24 years$1,892$1,460$1,113$840$628$407
25 years$1,797$1,370$1,031$767$565$358
26 years$1,709$1,287$956$701$509$316
27 years$1,628$1,212$888$642$459$278
28 years$1,553$1,142$825$588$414$245
29 years$1,484$1,077$768$539$374$216
30 years$1,419$1,017$715$495$338$191
31 years$1,358$962$667$454$305$169
32 years$1,301$910$622$418$276$149
33 years$1,248$862$581$384$250$132
34 years$1,198$817$543$353$226$116
35 years$1,151$775$507$325$205$103
36 years$1,107$735$475$300$186$91
37 years$1,065$698$444$276$168$80
38 years$1,026$664$416$254$153$71
39 years$988$631$390$235$138$63
40 years$953$600$365$216$126$56
41 years$919$571$343$200$114$49
42 years$887$544$321$184$103$44
43 years$857$519$302$170$94$39
44 years$828$494$283$157$85$34
45 years$801$471$266$145$77$30
46 years$774$450$250$134$70$27
47 years$749$429$235$124$64$24
48 years$725$410$220$114$58$21
49 years$702$391$207$106$53$19
50 years$681$374$195$98$48$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $697,000, adding $3,813 every year, while hoping to spend $27,200 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: 57/38/5 Blend
51$697,000$697,000$697,000$697,000
52$772,027$735,086$724,283$815,080
53$821,833$742,165$719,605$851,524
54$875,808$748,679$713,860$887,799
55$934,348$754,571$706,982$926,637
56$997,889$759,783$698,903$968,286
57$1,066,911$764,249$689,553$1,013,017
58$1,141,940$767,902$678,858$1,061,130
59$1,223,559$770,670$666,740$1,112,958
60$1,312,404$772,475$653,119$1,168,868
61$1,409,179$773,236$637,908$1,229,262
62$1,514,656$772,866$621,019$1,294,588
63$1,629,687$771,272$602,359$1,365,338
64$1,755,208$768,357$581,831$1,442,058
65$1,892,250$764,018$559,333$1,525,348
66$2,041,948$758,143$534,759$1,615,871
67$2,205,550$750,615$507,997$1,714,360
68$2,384,433$741,312$478,932$1,821,623
69$2,580,110$730,101$447,441$1,938,553
70$2,794,249$716,844$413,397$2,066,136
71$3,028,685$701,392$376,669$2,205,458
72$3,285,441$683,590$337,117$2,357,722
73$3,566,742$663,272$294,597$2,524,251
74$3,875,041$640,264$248,957$2,706,509
75$4,213,038$614,379$200,040$2,906,110
76$4,583,707$585,423$147,681$3,124,835
77$4,990,324$553,188$91,707$3,364,651
78$5,436,496$517,454$31,939$3,627,727
79$5,926,199$477,989$0$3,916,459
80$6,463,810$434,549$0$4,235,187
81$7,054,151$386,874$0$4,587,056
82$7,702,534$334,691$0$4,973,588
83$8,414,811$277,709$0$5,398,344
84$9,197,430$215,625$0$5,865,251
85$10,057,490$148,113$0$6,378,642
86$11,002,818$74,834$0$6,943,296
87$12,042,032$0$0$7,564,483
88$13,184,629$0$0$8,249,928
89$14,441,072$0$0$9,038,147
90$15,822,888$0$0$9,905,085
91$17,342,777$0$0$10,858,720
92$19,014,732$0$0$11,907,841
93$20,854,171$0$0$13,062,130
94$22,878,081$0$0$14,332,256
95$25,105,178$0$0$15,729,976
96$27,556,086$0$0$17,268,242
97$30,253,527$0$0$18,961,326
98$33,222,538$0$0$20,824,954
99$36,490,708$0$0$22,876,453
100$40,088,434$0$0$25,134,917