Can I retire at age 52 with 699,000?

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 $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%17.8%
1 years$57,723$57,209$56,707$56,217$55,739$53,977
2 years$28,576$28,043$27,528$27,028$26,542$24,783
3 years$18,861$18,327$17,812$17,317$16,840$15,138
4 years$14,005$13,472$12,963$12,476$12,010$10,379
5 years$11,092$10,562$10,060$9,583$9,130$7,575
6 years$9,151$8,625$8,130$7,663$7,224$5,746
7 years$7,764$7,243$6,756$6,300$5,875$4,473
8 years$6,725$6,209$5,729$5,285$4,874$3,548
9 years$5,917$5,406$4,935$4,502$4,105$2,852
10 years$5,272$4,765$4,302$3,881$3,497$2,317
11 years$4,744$4,242$3,788$3,377$3,008$1,898
12 years$4,304$3,807$3,361$2,962$2,607$1,565
13 years$3,932$3,441$3,003$2,615$2,273$1,296
14 years$3,614$3,128$2,698$2,322$1,992$1,078
15 years$3,338$2,857$2,436$2,070$1,754$900
16 years$3,097$2,621$2,209$1,854$1,550$754
17 years$2,884$2,414$2,010$1,666$1,375$632
18 years$2,696$2,231$1,835$1,501$1,222$531
19 years$2,527$2,067$1,680$1,356$1,090$447
20 years$2,376$1,921$1,542$1,228$973$377
21 years$2,239$1,789$1,418$1,115$871$318
22 years$2,114$1,670$1,307$1,014$781$269
23 years$2,001$1,562$1,207$923$701$227
24 years$1,897$1,464$1,116$842$630$192
25 years$1,802$1,374$1,034$769$567$163
26 years$1,714$1,291$959$703$511$138
27 years$1,633$1,215$890$644$460$117
28 years$1,558$1,145$827$590$415$99
29 years$1,488$1,080$770$541$375$84
30 years$1,423$1,020$717$496$339$71
31 years$1,362$964$669$456$306$60
32 years$1,305$912$624$419$277$51
33 years$1,252$864$583$385$251$43
34 years$1,202$819$544$354$227$37
35 years$1,155$777$509$326$206$31
36 years$1,110$737$476$300$186$26
37 years$1,068$700$446$277$169$22
38 years$1,029$665$417$255$153$19
39 years$991$633$391$235$139$16
40 years$956$602$366$217$126$14
41 years$922$573$344$200$114$12
42 years$890$546$322$185$104$10
43 years$859$520$302$171$94$8
44 years$831$496$284$157$85$7
45 years$803$473$267$145$78$6
46 years$777$451$250$134$70$5
47 years$751$430$235$124$64$4
48 years$727$411$221$115$58$4
49 years$704$392$208$106$53$3
50 years$682$375$195$98$48$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $699,000, adding $2,574 every year, while hoping to spend $20,912 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: 53/32/15 Blend
51$699,000$699,000$699,000$699,000
52$772,953$735,906$725,072$810,686
53$829,544$749,715$727,111$850,552
54$891,206$763,500$728,518$891,464
55$958,436$777,238$729,250$935,509
56$1,031,776$790,903$729,260$982,989
57$1,111,828$804,468$728,501$1,034,237
58$1,199,252$817,904$726,923$1,089,623
59$1,294,775$831,181$724,474$1,149,553
60$1,399,197$844,263$721,099$1,214,473
61$1,513,399$857,116$716,740$1,284,877
62$1,638,352$869,701$711,337$1,361,311
63$1,775,123$881,975$704,826$1,444,374
64$1,924,889$893,896$697,141$1,534,728
65$2,088,945$905,414$688,213$1,633,103
66$2,268,719$916,480$677,969$1,740,304
67$2,465,780$927,040$666,332$1,857,218
68$2,681,859$937,035$653,224$1,984,825
69$2,918,863$946,403$638,561$2,124,205
70$3,178,889$955,080$622,256$2,276,547
71$3,464,251$962,994$604,216$2,443,164
72$3,777,495$970,071$584,348$2,625,504
73$4,121,426$976,231$562,550$2,825,164
74$4,499,135$981,390$538,720$3,043,904
75$4,914,026$985,457$512,746$3,283,664
76$5,369,850$988,337$484,516$3,546,586
77$5,870,737$989,928$453,909$3,835,031
78$6,421,239$990,121$420,802$4,151,600
79$7,026,370$988,802$385,064$4,499,163
80$7,691,655$985,849$346,559$4,880,886
81$8,423,180$981,132$305,144$5,300,258
82$9,227,650$974,513$260,673$5,761,126
83$10,112,453$965,847$212,988$6,267,731
84$11,085,729$954,979$161,929$6,824,752
85$12,156,446$941,745$107,326$7,437,345
86$13,334,486$925,973$49,003$8,111,196
87$14,630,734$907,477$0$8,852,574
88$16,057,189$886,063$0$9,670,508
89$17,627,066$861,524$0$10,579,007
90$19,354,931$833,642$0$11,578,652
91$21,256,829$802,186$0$12,678,738
92$23,350,444$766,911$0$13,889,511
93$25,655,258$727,559$0$15,222,262
94$28,192,739$683,854$0$16,689,438
95$30,986,544$635,509$0$18,304,759
96$34,062,739$582,216$0$20,083,345
97$37,450,046$523,652$0$22,041,863
98$41,180,115$459,475$0$24,198,684
99$45,287,821$389,324$0$26,574,056
100$49,811,594$312,816$0$29,190,294