Can I retire at age 52 with 698,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $698,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$57,640$57,127$56,626$56,137$55,660$53,792
2 years$28,535$28,003$27,488$26,989$26,505$24,641
3 years$18,834$18,300$17,787$17,292$16,816$15,015
4 years$13,985$13,453$12,944$12,458$11,993$10,269
5 years$11,076$10,547$10,045$9,569$9,117$7,475
6 years$9,137$8,613$8,118$7,652$7,214$5,654
7 years$7,753$7,233$6,746$6,291$5,867$4,389
8 years$6,716$6,200$5,721$5,278$4,867$3,471
9 years$5,909$5,398$4,928$4,495$4,099$2,782
10 years$5,264$4,758$4,296$3,875$3,492$2,253
11 years$4,737$4,236$3,782$3,373$3,004$1,840
12 years$4,298$3,802$3,357$2,958$2,603$1,511
13 years$3,926$3,436$2,999$2,612$2,270$1,248
14 years$3,608$3,123$2,695$2,318$1,990$1,035
15 years$3,333$2,853$2,433$2,067$1,752$861
16 years$3,092$2,618$2,206$1,851$1,548$718
17 years$2,880$2,411$2,007$1,663$1,373$600
18 years$2,692$2,228$1,832$1,499$1,221$502
19 years$2,524$2,064$1,677$1,354$1,088$421
20 years$2,372$1,918$1,539$1,227$972$354
21 years$2,236$1,787$1,416$1,113$870$297
22 years$2,111$1,668$1,305$1,012$780$250
23 years$1,998$1,560$1,205$922$700$211
24 years$1,895$1,462$1,114$841$629$178
25 years$1,800$1,372$1,032$768$566$150
26 years$1,712$1,289$957$702$510$126
27 years$1,631$1,213$889$643$460$106
28 years$1,556$1,143$826$589$415$90
29 years$1,486$1,079$769$540$374$76
30 years$1,421$1,019$716$496$338$64
31 years$1,360$963$668$455$306$54
32 years$1,303$911$623$418$277$46
33 years$1,250$863$582$385$250$39
34 years$1,200$818$544$354$227$33
35 years$1,153$776$508$326$205$28
36 years$1,109$736$475$300$186$23
37 years$1,067$699$445$276$169$20
38 years$1,027$664$417$255$153$17
39 years$990$632$390$235$139$14
40 years$954$601$366$217$126$12
41 years$921$572$343$200$114$10
42 years$889$545$322$185$104$8
43 years$858$519$302$170$94$7
44 years$829$495$283$157$85$6
45 years$802$472$266$145$77$5
46 years$775$450$250$134$70$4
47 years$750$430$235$124$64$4
48 years$726$410$221$115$58$3
49 years$703$392$207$106$53$3
50 years$681$374$195$98$48$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $698,000, adding $3,907 every year, while hoping to spend $53,528 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: 45/26/29 Blend
51$698,000$698,000$698,000$698,000
52$773,226$736,232$725,413$801,384
53$795,142$715,354$692,761$800,940
54$817,499$691,659$657,221$795,035
55$840,286$664,952$618,640$787,615
56$863,488$635,028$576,858$778,567
57$887,088$601,669$531,707$767,774
58$911,064$564,644$483,012$755,110
59$935,391$523,710$430,591$740,441
60$960,038$478,609$374,254$723,625
61$984,971$429,069$313,799$704,511
62$1,010,147$374,802$249,021$682,937
63$1,035,519$315,505$179,700$658,732
64$1,061,033$250,856$105,611$631,714
65$1,086,626$180,516$26,517$601,688
66$1,112,227$104,126$0$568,446
67$1,137,754$21,308$0$549,682
68$1,163,115$0$0$537,168
69$1,188,206$0$0$542,075
70$1,212,910$0$0$552,840
71$1,237,094$0$0$563,301
72$1,260,610$0$0$573,382
73$1,283,290$0$0$582,998
74$1,304,948$0$0$592,057
75$1,325,374$0$0$600,451
76$1,344,334$0$0$608,064
77$1,361,566$0$0$614,764
78$1,376,780$0$0$620,405
79$1,389,650$0$0$624,824
80$1,399,815$0$0$627,839
81$1,406,871$0$0$629,249
82$1,410,372$0$0$628,830
83$1,409,821$0$0$626,333
84$1,404,664$0$0$621,483
85$1,394,288$0$0$613,972
86$1,378,015$0$0$603,462
87$1,355,089$0$0$589,577
88$1,324,675$0$0$571,899
89$1,285,847$0$0$549,966
90$1,237,579$0$0$523,268
91$1,178,737$0$0$491,239
92$1,108,062$0$0$453,252
93$1,024,164$0$0$408,616
94$925,507$0$0$356,565
95$810,388$0$0$296,252
96$676,926$0$0$226,741
97$523,044$0$0$146,999
98$346,444$0$0$55,883
99$144,587$0$0$0
100$0$0$0$0