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%18.9%
1 years$57,805$57,290$56,788$56,298$55,819$53,817
2 years$28,617$28,084$27,567$27,066$26,580$24,585
3 years$18,888$18,353$17,838$17,342$16,864$14,938
4 years$14,025$13,491$12,981$12,494$12,027$10,186
5 years$11,108$10,577$10,074$9,596$9,143$7,390
6 years$9,164$8,637$8,141$7,674$7,235$5,572
7 years$7,776$7,254$6,765$6,309$5,884$4,311
8 years$6,735$6,218$5,738$5,293$4,881$3,397
9 years$5,926$5,414$4,942$4,508$4,111$2,713
10 years$5,279$4,772$4,308$3,886$3,502$2,189
11 years$4,750$4,248$3,793$3,382$3,012$1,780
12 years$4,310$3,813$3,366$2,967$2,610$1,457
13 years$3,938$3,446$3,008$2,619$2,276$1,198
14 years$3,619$3,132$2,702$2,325$1,995$989
15 years$3,343$2,861$2,440$2,073$1,757$819
16 years$3,101$2,625$2,212$1,857$1,553$680
17 years$2,889$2,418$2,013$1,668$1,377$566
18 years$2,700$2,234$1,837$1,503$1,224$472
19 years$2,531$2,070$1,682$1,358$1,091$394
20 years$2,379$1,924$1,544$1,230$975$329
21 years$2,242$1,792$1,420$1,117$872$276
22 years$2,117$1,673$1,309$1,015$782$231
23 years$2,004$1,565$1,208$925$702$193
24 years$1,900$1,466$1,118$843$631$162
25 years$1,805$1,376$1,035$770$568$136
26 years$1,717$1,293$960$704$511$114
27 years$1,635$1,217$891$645$461$96
28 years$1,560$1,147$829$591$416$80
29 years$1,490$1,082$771$542$376$68
30 years$1,425$1,021$718$497$339$57
31 years$1,364$966$670$456$307$48
32 years$1,307$914$625$419$278$40
33 years$1,254$865$583$386$251$34
34 years$1,203$820$545$355$227$28
35 years$1,156$778$510$327$206$24
36 years$1,112$738$477$301$187$20
37 years$1,070$701$446$277$169$17
38 years$1,030$666$418$256$153$14
39 years$993$634$391$236$139$12
40 years$957$603$367$217$126$10
41 years$923$574$344$201$114$8
42 years$891$547$323$185$104$7
43 years$861$521$303$171$94$6
44 years$832$496$284$158$86$5
45 years$804$473$267$146$78$4
46 years$778$452$251$135$70$4
47 years$753$431$236$124$64$3
48 years$728$411$221$115$58$3
49 years$705$393$208$106$53$2
50 years$683$375$196$98$48$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $700,000, adding $3,832 every year, while hoping to spend $23,489 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: 68/23/9 Blend
51$700,000$700,000$700,000$700,000
52$775,353$738,253$727,403$826,465
53$829,447$749,435$726,779$872,062
54$888,271$760,378$725,346$918,715
55$952,283$771,045$723,054$969,112
56$1,021,987$781,397$719,847$1,023,615
57$1,097,936$791,393$715,669$1,082,623
58$1,180,742$800,987$710,460$1,146,579
59$1,271,074$810,131$704,156$1,215,967
60$1,369,671$818,776$696,694$1,291,323
61$1,477,348$826,866$688,003$1,373,237
62$1,594,998$834,343$678,012$1,462,359
63$1,723,608$841,147$666,646$1,559,405
64$1,864,263$847,210$653,826$1,665,167
65$2,018,158$852,462$639,468$1,780,513
66$2,186,607$856,830$623,488$1,906,406
67$2,371,060$860,234$605,794$2,043,901
68$2,573,112$862,589$586,291$2,194,167
69$2,794,520$863,806$564,882$2,358,488
70$3,037,218$863,790$541,463$2,538,282
71$3,303,337$862,439$515,926$2,735,112
72$3,595,225$859,646$488,157$2,950,699
73$3,915,467$855,297$458,038$3,186,943
74$4,266,909$849,271$425,447$3,445,937
75$4,652,688$841,440$390,254$3,729,988
76$5,076,260$831,668$352,325$4,041,640
77$5,541,428$819,810$311,518$4,383,697
78$6,052,387$805,714$267,687$4,759,250
79$6,613,755$789,218$220,679$5,171,706
80$7,230,618$770,150$170,332$5,624,823
81$7,908,583$748,329$116,480$6,122,741
82$8,653,824$723,563$58,948$6,670,026
83$9,473,145$695,648$0$7,271,708
84$10,374,040$664,370$0$7,933,571
85$11,364,768$629,499$0$8,667,550
86$12,454,426$590,796$0$9,474,738
87$13,653,038$548,006$0$10,362,586
88$14,971,649$500,859$0$11,339,303
89$16,422,427$449,071$0$12,413,942
90$18,018,780$392,341$0$13,596,475
91$19,775,481$330,351$0$14,897,897
92$21,708,807$262,766$0$16,330,324
93$23,836,694$189,230$0$17,907,111
94$26,178,903$109,368$0$19,642,975
95$28,757,210$22,786$0$21,554,139
96$31,595,608$0$0$23,658,481
97$34,720,535$0$0$25,993,661
98$38,161,123$0$0$28,571,128
99$41,949,473$0$0$31,409,169
100$46,120,955$0$0$34,534,290