Can I retire at age 52 with 701,000?

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 $701,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$57,888$57,372$56,869$56,378$55,899$54,860
2 years$28,657$28,124$27,606$27,105$26,618$25,576
3 years$18,915$18,379$17,863$17,366$16,888$15,874
4 years$14,045$13,511$13,000$12,511$12,045$11,067
5 years$11,124$10,592$10,088$9,610$9,156$8,218
6 years$9,177$8,650$8,153$7,685$7,245$6,347
7 years$7,787$7,264$6,775$6,318$5,892$5,034
8 years$6,745$6,226$5,746$5,300$4,888$4,071
9 years$5,934$5,421$4,949$4,515$4,116$3,339
10 years$5,287$4,779$4,315$3,892$3,507$2,769
11 years$4,757$4,254$3,798$3,387$3,016$2,316
12 years$4,316$3,818$3,371$2,971$2,614$1,951
13 years$3,943$3,451$3,012$2,623$2,279$1,652
14 years$3,624$3,136$2,706$2,328$1,998$1,406
15 years$3,347$2,865$2,443$2,076$1,759$1,201
16 years$3,106$2,629$2,215$1,859$1,555$1,029
17 years$2,893$2,421$2,016$1,670$1,379$885
18 years$2,703$2,237$1,840$1,505$1,226$762
19 years$2,534$2,073$1,685$1,360$1,093$657
20 years$2,382$1,927$1,546$1,232$976$568
21 years$2,245$1,795$1,422$1,118$873$492
22 years$2,121$1,675$1,311$1,017$783$426
23 years$2,007$1,567$1,210$926$703$370
24 years$1,903$1,468$1,119$844$632$321
25 years$1,807$1,378$1,037$771$568$279
26 years$1,719$1,295$961$705$512$243
27 years$1,638$1,219$893$645$462$211
28 years$1,562$1,148$830$591$417$184
29 years$1,492$1,083$772$542$376$160
30 years$1,427$1,023$719$498$340$139
31 years$1,366$967$671$457$307$121
32 years$1,309$915$626$420$278$106
33 years$1,255$867$584$386$252$92
34 years$1,205$821$546$355$228$80
35 years$1,158$779$510$327$206$70
36 years$1,113$739$477$301$187$61
37 years$1,071$702$447$278$169$53
38 years$1,032$667$418$256$154$47
39 years$994$635$392$236$139$41
40 years$958$604$367$218$126$36
41 years$925$575$345$201$115$31
42 years$892$547$323$185$104$27
43 years$862$522$303$171$94$24
44 years$833$497$285$158$86$21
45 years$805$474$267$146$78$18
46 years$779$452$251$135$71$16
47 years$754$432$236$124$64$14
48 years$729$412$222$115$58$12
49 years$706$393$208$106$53$10
50 years$684$376$196$98$48$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $701,000, adding $3,172 every year, while hoping to spend $22,913 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: 34/43/23 Blend
51$701,000$701,000$701,000$701,000
52$775,774$738,621$727,755$796,620
53$830,524$750,434$727,756$824,217
54$890,090$762,058$726,989$851,645
55$954,940$773,460$725,403$880,759
56$1,025,587$784,603$722,948$911,724
57$1,102,598$795,449$719,567$944,721
58$1,186,594$805,957$715,204$979,950
59$1,278,261$816,084$709,798$1,017,636
60$1,378,353$825,782$703,286$1,058,024
61$1,487,701$835,000$695,602$1,101,386
62$1,607,218$843,687$686,676$1,148,025
63$1,737,910$851,783$676,435$1,198,276
64$1,880,886$859,230$664,805$1,252,506
65$2,037,365$865,961$651,704$1,311,126
66$2,208,690$871,907$637,051$1,374,589
67$2,396,342$876,996$620,757$1,443,393
68$2,601,948$881,148$602,732$1,518,093
69$2,827,304$884,281$582,881$1,599,302
70$3,074,385$886,307$561,103$1,687,695
71$3,345,366$887,130$537,294$1,784,021
72$3,642,646$886,652$511,346$1,889,107
73$3,968,864$884,766$483,144$2,003,867
74$4,326,928$881,359$452,569$2,129,313
75$4,720,042$876,313$419,497$2,266,561
76$5,151,734$869,500$383,798$2,416,845
77$5,625,891$860,786$345,336$2,581,528
78$6,146,796$850,029$303,969$2,762,118
79$6,719,166$837,076$259,548$2,960,278
80$7,348,197$821,770$211,920$3,177,846
81$8,039,615$803,939$160,921$3,416,854
82$8,799,728$783,404$106,384$3,679,543
83$9,635,485$759,975$48,133$3,968,389
84$10,554,542$733,451$0$4,286,128
85$11,565,334$703,619$0$4,639,220
86$12,677,155$670,254$0$5,040,386
87$13,900,245$633,116$0$5,481,529
88$15,245,885$591,954$0$5,966,763
89$16,726,507$546,502$0$6,500,624
90$18,355,807$496,477$0$7,088,117
91$20,148,877$441,581$0$7,734,760
92$22,122,344$381,500$0$8,446,643
93$24,294,530$315,901$0$9,230,480
94$26,685,624$244,432$0$10,093,675
95$29,317,871$166,722$0$11,044,396
96$32,215,782$82,380$0$12,091,648
97$35,406,366$0$0$13,245,365
98$38,919,383$0$0$14,520,763
99$42,787,628$0$0$15,968,178
100$47,047,235$0$0$17,562,168