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%13.5%
1 years$57,558$57,045$56,545$56,056$55,580$54,772
2 years$28,494$27,963$27,449$26,950$26,467$25,654
3 years$18,807$18,274$17,761$17,267$16,791$16,000
4 years$13,965$13,434$12,926$12,440$11,976$11,211
5 years$11,060$10,532$10,031$9,555$9,104$8,369
6 years$9,124$8,600$8,106$7,641$7,204$6,498
7 years$7,742$7,222$6,736$6,282$5,858$5,184
8 years$6,706$6,191$5,713$5,270$4,860$4,216
9 years$5,901$5,390$4,921$4,489$4,093$3,478
10 years$5,257$4,751$4,290$3,870$3,487$2,902
11 years$4,730$4,230$3,777$3,368$2,999$2,443
12 years$4,291$3,796$3,352$2,954$2,599$2,071
13 years$3,921$3,431$2,995$2,608$2,266$1,766
14 years$3,603$3,119$2,691$2,315$1,987$1,513
15 years$3,328$2,849$2,429$2,065$1,749$1,301
16 years$3,088$2,614$2,203$1,849$1,546$1,123
17 years$2,876$2,407$2,004$1,661$1,371$972
18 years$2,688$2,224$1,830$1,497$1,219$843
19 years$2,520$2,062$1,675$1,353$1,086$733
20 years$2,369$1,916$1,537$1,225$970$638
21 years$2,232$1,784$1,414$1,112$868$557
22 years$2,108$1,666$1,303$1,011$778$486
23 years$1,995$1,558$1,203$921$699$425
24 years$1,892$1,460$1,113$840$628$372
25 years$1,797$1,370$1,031$767$565$326
26 years$1,709$1,287$956$701$509$285
27 years$1,628$1,212$888$642$459$250
28 years$1,553$1,142$825$588$414$220
29 years$1,484$1,077$768$539$374$193
30 years$1,419$1,017$715$495$338$169
31 years$1,358$962$667$454$305$149
32 years$1,301$910$622$418$276$131
33 years$1,248$862$581$384$250$115
34 years$1,198$817$543$353$226$101
35 years$1,151$775$507$325$205$89
36 years$1,107$735$475$300$186$78
37 years$1,065$698$444$276$168$69
38 years$1,026$664$416$254$153$61
39 years$988$631$390$235$138$53
40 years$953$600$365$216$126$47
41 years$919$571$343$200$114$41
42 years$887$544$321$184$103$36
43 years$857$519$302$170$94$32
44 years$828$494$283$157$85$28
45 years$801$471$266$145$77$25
46 years$774$450$250$134$70$22
47 years$749$429$235$124$64$19
48 years$725$410$220$114$58$17
49 years$702$391$207$106$53$15
50 years$681$374$195$98$48$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $697,000, adding $3,896 every year, while hoping to spend $26,155 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: 60/31/9 Blend
51$697,000$697,000$697,000$697,000
52$772,113$735,172$724,368$816,649
53$823,040$743,366$720,806$855,185
54$878,284$751,086$716,248$893,868
55$938,260$758,280$710,632$935,413
56$1,003,420$764,893$703,896$980,095
57$1,074,264$770,869$695,972$1,028,220
58$1,151,343$776,145$686,791$1,080,124
59$1,235,259$780,655$676,278$1,136,180
60$1,326,679$784,331$664,357$1,196,798
61$1,426,335$787,098$650,948$1,262,429
62$1,535,033$788,877$635,965$1,333,574
63$1,653,658$789,584$619,323$1,410,783
64$1,783,188$789,131$600,927$1,494,665
65$1,924,698$787,422$580,682$1,585,890
66$2,079,369$784,358$558,487$1,685,199
67$2,248,505$779,832$534,236$1,793,408
68$2,433,539$773,730$507,820$1,911,419
69$2,636,051$765,934$479,123$2,040,226
70$2,857,780$756,316$448,025$2,180,927
71$3,100,639$744,742$414,400$2,334,732
72$3,366,739$731,068$378,116$2,502,978
73$3,658,400$715,144$339,037$2,687,136
74$3,978,180$696,810$297,019$2,888,834
75$4,328,897$675,896$251,911$3,109,865
76$4,713,653$652,224$203,559$3,352,208
77$5,135,865$625,602$151,797$3,618,044
78$5,599,297$595,830$96,456$3,909,783
79$6,108,096$562,697$37,358$4,230,081
80$6,666,829$525,976$0$4,581,866
81$7,280,528$485,431$0$4,970,839
82$7,954,734$440,810$0$5,402,086
83$8,695,555$391,847$0$5,875,966
84$9,509,717$338,263$0$6,396,834
85$10,404,631$279,761$0$6,969,496
86$11,388,462$216,027$0$7,599,247
87$12,470,203$146,731$0$8,291,926
88$13,659,766$71,523$0$9,053,974
89$14,968,068$0$0$9,892,489
90$16,407,141$0$0$10,818,698
91$17,990,237$0$0$11,864,506
92$19,731,960$0$0$13,015,168
93$21,648,400$0$0$14,281,323
94$23,757,287$0$0$15,674,692
95$26,078,153$0$0$17,208,190
96$28,632,523$0$0$18,896,047
97$31,444,113$0$0$20,753,943
98$34,539,053$0$0$22,799,155
99$37,946,138$0$0$25,050,720
100$41,697,095$0$0$27,529,616