Can I retire at age 52 with 700,000?

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 $700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$57,805$57,290$56,788$56,298$55,819$54,558
2 years$28,617$28,084$27,567$27,066$26,580$25,317
3 years$18,888$18,353$17,838$17,342$16,864$15,637
4 years$14,025$13,491$12,981$12,494$12,027$10,847
5 years$11,108$10,577$10,074$9,596$9,143$8,012
6 years$9,164$8,637$8,141$7,674$7,235$6,154
7 years$7,776$7,254$6,765$6,309$5,884$4,854
8 years$6,735$6,218$5,738$5,293$4,881$3,902
9 years$5,926$5,414$4,942$4,508$4,111$3,182
10 years$5,279$4,772$4,308$3,886$3,502$2,622
11 years$4,750$4,248$3,793$3,382$3,012$2,180
12 years$4,310$3,813$3,366$2,967$2,610$1,824
13 years$3,938$3,446$3,008$2,619$2,276$1,535
14 years$3,619$3,132$2,702$2,325$1,995$1,297
15 years$3,343$2,861$2,440$2,073$1,757$1,101
16 years$3,101$2,625$2,212$1,857$1,553$936
17 years$2,889$2,418$2,013$1,668$1,377$799
18 years$2,700$2,234$1,837$1,503$1,224$683
19 years$2,531$2,070$1,682$1,358$1,091$585
20 years$2,379$1,924$1,544$1,230$975$502
21 years$2,242$1,792$1,420$1,117$872$431
22 years$2,117$1,673$1,309$1,015$782$371
23 years$2,004$1,565$1,208$925$702$319
24 years$1,900$1,466$1,118$843$631$275
25 years$1,805$1,376$1,035$770$568$237
26 years$1,717$1,293$960$704$511$204
27 years$1,635$1,217$891$645$461$176
28 years$1,560$1,147$829$591$416$152
29 years$1,490$1,082$771$542$376$132
30 years$1,425$1,021$718$497$339$114
31 years$1,364$966$670$456$307$98
32 years$1,307$914$625$419$278$85
33 years$1,254$865$583$386$251$73
34 years$1,203$820$545$355$227$63
35 years$1,156$778$510$327$206$55
36 years$1,112$738$477$301$187$47
37 years$1,070$701$446$277$169$41
38 years$1,030$666$418$256$153$36
39 years$993$634$391$236$139$31
40 years$957$603$367$217$126$27
41 years$923$574$344$201$114$23
42 years$891$547$323$185$104$20
43 years$861$521$303$171$94$17
44 years$832$496$284$158$86$15
45 years$804$473$267$146$78$13
46 years$778$452$251$135$70$11
47 years$753$431$236$124$64$10
48 years$728$411$221$115$58$8
49 years$705$393$208$106$53$7
50 years$683$375$196$98$48$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $700,000, adding $3,437 every year, while hoping to spend $43,753 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: 43/31/26 Blend
51$700,000$700,000$700,000$700,000
52$774,945$737,845$726,995$802,266
53$807,437$727,447$704,797$811,711
54$841,776$715,072$680,388$817,499
55$878,105$700,579$653,649$822,919
56$916,580$683,815$624,454$827,960
57$957,370$664,621$592,672$832,615
58$1,000,660$642,826$558,165$836,881
59$1,046,653$618,250$520,790$840,757
60$1,095,571$590,704$480,396$844,245
61$1,147,657$559,986$436,827$847,353
62$1,203,177$525,884$389,919$850,094
63$1,262,420$488,172$339,501$852,488
64$1,325,707$446,612$285,394$854,559
65$1,393,387$400,954$227,412$856,341
66$1,465,842$350,930$165,360$857,878
67$1,543,494$296,261$99,035$859,222
68$1,626,802$236,650$28,225$860,439
69$1,716,272$171,782$0$861,607
70$1,812,459$101,327$0$875,953
71$1,915,974$24,936$0$899,664
72$2,027,484$0$0$925,096
73$2,147,724$0$0$972,177
74$2,277,503$0$0$1,032,239
75$2,417,706$0$0$1,097,196
76$2,569,309$0$0$1,167,508
77$2,733,382$0$0$1,243,681
78$2,911,105$0$0$1,326,272
79$3,103,770$0$0$1,415,894
80$3,312,804$0$0$1,513,218
81$3,539,771$0$0$1,618,986
82$3,786,394$0$0$1,734,012
83$4,054,567$0$0$1,859,193
84$4,346,377$0$0$1,995,513
85$4,664,115$0$0$2,144,059
86$5,010,307$0$0$2,306,023
87$5,387,729$0$0$2,482,722
88$5,799,439$0$0$2,675,600
89$6,248,802$0$0$2,886,251
90$6,739,521$0$0$3,116,426
91$7,275,674$0$0$3,368,057
92$7,861,749$0$0$3,643,267
93$8,502,688$0$0$3,944,397
94$9,203,933$0$0$4,274,021
95$9,971,475$0$0$4,634,977
96$10,811,911$0$0$5,030,388
97$11,732,508$0$0$5,463,694
98$12,741,265$0$0$5,938,683
99$13,846,995$0$0$6,459,530
100$15,059,402$0$0$7,030,828