Can I retire at age 52 with 700,000?

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 $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%17.9%
1 years$57,805$57,290$56,788$56,298$55,819$54,032
2 years$28,617$28,084$27,567$27,066$26,580$24,797
3 years$18,888$18,353$17,838$17,342$16,864$15,139
4 years$14,025$13,491$12,981$12,494$12,027$10,375
5 years$11,108$10,577$10,074$9,596$9,143$7,567
6 years$9,164$8,637$8,141$7,674$7,235$5,737
7 years$7,776$7,254$6,765$6,309$5,884$4,464
8 years$6,735$6,218$5,738$5,293$4,881$3,538
9 years$5,926$5,414$4,942$4,508$4,111$2,843
10 years$5,279$4,772$4,308$3,886$3,502$2,308
11 years$4,750$4,248$3,793$3,382$3,012$1,890
12 years$4,310$3,813$3,366$2,967$2,610$1,556
13 years$3,938$3,446$3,008$2,619$2,276$1,289
14 years$3,619$3,132$2,702$2,325$1,995$1,071
15 years$3,343$2,861$2,440$2,073$1,757$894
16 years$3,101$2,625$2,212$1,857$1,553$748
17 years$2,889$2,418$2,013$1,668$1,377$627
18 years$2,700$2,234$1,837$1,503$1,224$526
19 years$2,531$2,070$1,682$1,358$1,091$443
20 years$2,379$1,924$1,544$1,230$975$373
21 years$2,242$1,792$1,420$1,117$872$314
22 years$2,117$1,673$1,309$1,015$782$265
23 years$2,004$1,565$1,208$925$702$224
24 years$1,900$1,466$1,118$843$631$189
25 years$1,805$1,376$1,035$770$568$160
26 years$1,717$1,293$960$704$511$136
27 years$1,635$1,217$891$645$461$115
28 years$1,560$1,147$829$591$416$97
29 years$1,490$1,082$771$542$376$82
30 years$1,425$1,021$718$497$339$70
31 years$1,364$966$670$456$307$59
32 years$1,307$914$625$419$278$50
33 years$1,254$865$583$386$251$42
34 years$1,203$820$545$355$227$36
35 years$1,156$778$510$327$206$30
36 years$1,112$738$477$301$187$26
37 years$1,070$701$446$277$169$22
38 years$1,030$666$418$256$153$19
39 years$993$634$391$236$139$16
40 years$957$603$367$217$126$13
41 years$923$574$344$201$114$11
42 years$891$547$323$185$104$10
43 years$861$521$303$171$94$8
44 years$832$496$284$158$86$7
45 years$804$473$267$146$78$6
46 years$778$452$251$135$70$5
47 years$753$431$236$124$64$4
48 years$728$411$221$115$58$4
49 years$705$393$208$106$53$3
50 years$683$375$196$98$48$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $700,000, adding $6,345 every year, while hoping to spend $56,133 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: 36/47/17 Blend
51$700,000$700,000$700,000$700,000
52$777,945$740,845$729,995$801,713
53$797,570$717,421$694,725$796,091
54$817,316$690,968$656,391$784,270
55$837,135$661,279$614,834$770,321
56$856,974$628,133$569,882$754,082
57$876,772$591,298$521,359$735,386
58$896,459$550,528$469,081$714,050
59$915,958$505,564$412,855$689,882
60$935,179$456,130$352,480$662,675
61$954,024$401,936$287,744$632,211
62$972,379$342,676$218,428$598,256
63$990,120$278,025$144,303$560,558
64$1,007,104$207,641$65,130$518,852
65$1,023,175$131,161$0$472,853
66$1,038,156$48,205$0$425,769
67$1,051,848$0$0$386,599
68$1,064,034$0$0$364,750
69$1,074,466$0$0$367,081
70$1,082,873$0$0$368,552
71$1,088,949$0$0$369,040
72$1,092,358$0$0$368,408
73$1,092,722$0$0$366,507
74$1,089,626$0$0$363,168
75$1,082,605$0$0$358,206
76$1,071,146$0$0$351,415
77$1,054,679$0$0$342,565
78$1,032,572$0$0$331,406
79$1,004,125$0$0$317,656
80$968,563$0$0$301,006
81$925,026$0$0$281,112
82$872,566$0$0$257,595
83$810,130$0$0$230,036
84$736,556$0$0$197,969
85$650,556$0$0$160,883
86$550,709$0$0$118,210
87$435,441$0$0$69,322
88$303,017$0$0$13,529
89$151,514$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0