Can I retire at age 52 with 699,000?

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 $699,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$57,723$57,209$56,707$56,217$55,739$55,411
2 years$28,576$28,043$27,528$27,028$26,542$26,212
3 years$18,861$18,327$17,812$17,317$16,840$16,516
4 years$14,005$13,472$12,963$12,476$12,010$11,696
5 years$11,092$10,562$10,060$9,583$9,130$8,827
6 years$9,151$8,625$8,130$7,663$7,224$6,932
7 years$7,764$7,243$6,756$6,300$5,875$5,595
8 years$6,725$6,209$5,729$5,285$4,874$4,605
9 years$5,917$5,406$4,935$4,502$4,105$3,847
10 years$5,272$4,765$4,302$3,881$3,497$3,250
11 years$4,744$4,242$3,788$3,377$3,008$2,772
12 years$4,304$3,807$3,361$2,962$2,607$2,381
13 years$3,932$3,441$3,003$2,615$2,273$2,058
14 years$3,614$3,128$2,698$2,322$1,992$1,788
15 years$3,338$2,857$2,436$2,070$1,754$1,560
16 years$3,097$2,621$2,209$1,854$1,550$1,366
17 years$2,884$2,414$2,010$1,666$1,375$1,199
18 years$2,696$2,231$1,835$1,501$1,222$1,056
19 years$2,527$2,067$1,680$1,356$1,090$932
20 years$2,376$1,921$1,542$1,228$973$824
21 years$2,239$1,789$1,418$1,115$871$730
22 years$2,114$1,670$1,307$1,014$781$648
23 years$2,001$1,562$1,207$923$701$575
24 years$1,897$1,464$1,116$842$630$512
25 years$1,802$1,374$1,034$769$567$456
26 years$1,714$1,291$959$703$511$406
27 years$1,633$1,215$890$644$460$362
28 years$1,558$1,145$827$590$415$323
29 years$1,488$1,080$770$541$375$289
30 years$1,423$1,020$717$496$339$258
31 years$1,362$964$669$456$306$230
32 years$1,305$912$624$419$277$206
33 years$1,252$864$583$385$251$184
34 years$1,202$819$544$354$227$165
35 years$1,155$777$509$326$206$148
36 years$1,110$737$476$300$186$132
37 years$1,068$700$446$277$169$119
38 years$1,029$665$417$255$153$106
39 years$991$633$391$235$139$95
40 years$956$602$366$217$126$85
41 years$922$573$344$200$114$76
42 years$890$546$322$185$104$69
43 years$859$520$302$171$94$61
44 years$831$496$284$157$85$55
45 years$803$473$267$145$78$49
46 years$777$451$250$134$70$44
47 years$751$430$235$124$64$40
48 years$727$411$221$115$58$36
49 years$704$392$208$106$53$32
50 years$682$375$195$98$48$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $699,000, adding $3,395 every year, while hoping to spend $38,411 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: 66/29/5 Blend
51$699,000$699,000$699,000$699,000
52$773,800$736,753$725,918$824,148
53$811,859$731,985$709,368$853,215
54$852,512$725,696$690,975$880,026
55$895,984$717,770$670,639$908,293
56$942,520$708,087$648,251$938,151
57$992,390$696,516$623,700$969,752
58$1,045,889$682,921$596,870$1,003,262
59$1,103,342$667,157$567,637$1,038,867
60$1,165,105$649,069$535,875$1,076,774
61$1,231,568$628,496$501,449$1,117,209
62$1,303,160$605,264$464,219$1,160,426
63$1,380,353$579,193$424,041$1,206,703
64$1,463,663$550,088$380,761$1,256,353
65$1,553,661$517,746$334,221$1,309,717
66$1,650,971$481,952$284,254$1,367,177
67$1,756,279$442,477$230,686$1,429,153
68$1,870,342$399,081$173,336$1,496,114
69$1,993,989$351,508$112,015$1,568,574
70$2,128,134$299,490$46,525$1,647,108
71$2,273,780$242,741$0$1,732,347
72$2,432,033$180,963$0$1,826,239
73$2,604,106$113,836$0$1,931,044
74$2,791,337$41,026$0$2,045,147
75$2,995,197$0$0$2,169,510
76$3,217,303$0$0$2,317,266
77$3,459,437$0$0$2,492,658
78$3,723,558$0$0$2,684,020
79$4,011,824$0$0$2,892,920
80$4,326,611$0$0$3,121,084
81$4,670,531$0$0$3,370,413
82$5,046,463$0$0$3,642,999
83$5,457,576$0$0$3,941,147
84$5,907,358$0$0$4,267,392
85$6,399,650$0$0$4,624,528
86$6,938,684$0$0$5,015,631
87$7,529,116$0$0$5,444,087
88$8,176,077$0$0$5,913,627
89$8,885,216$0$0$6,428,359
90$9,662,755$0$0$6,992,807
91$10,515,548$0$0$7,611,954
92$11,451,142$0$0$8,291,290
93$12,477,852$0$0$9,036,860
94$13,604,835$0$0$9,855,323
95$14,842,179$0$0$10,754,016
96$16,200,995$0$0$11,741,019
97$17,693,526$0$0$12,825,235
98$19,333,256$0$0$14,016,469
99$21,135,041$0$0$15,325,526
100$23,115,246$0$0$16,764,307