Can I retire at age 52 with 701,000?

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 $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%15.7%
1 years$57,888$57,372$56,869$56,378$55,899$54,592
2 years$28,657$28,124$27,606$27,105$26,618$25,309
3 years$18,915$18,379$17,863$17,366$16,888$15,617
4 years$14,045$13,511$13,000$12,511$12,045$10,822
5 years$11,124$10,592$10,088$9,610$9,156$7,985
6 years$9,177$8,650$8,153$7,685$7,245$6,127
7 years$7,787$7,264$6,775$6,318$5,892$4,827
8 years$6,745$6,226$5,746$5,300$4,888$3,876
9 years$5,934$5,421$4,949$4,515$4,116$3,156
10 years$5,287$4,779$4,315$3,892$3,507$2,598
11 years$4,757$4,254$3,798$3,387$3,016$2,157
12 years$4,316$3,818$3,371$2,971$2,614$1,803
13 years$3,943$3,451$3,012$2,623$2,279$1,515
14 years$3,624$3,136$2,706$2,328$1,998$1,279
15 years$3,347$2,865$2,443$2,076$1,759$1,083
16 years$3,106$2,629$2,215$1,859$1,555$920
17 years$2,893$2,421$2,016$1,670$1,379$784
18 years$2,703$2,237$1,840$1,505$1,226$669
19 years$2,534$2,073$1,685$1,360$1,093$572
20 years$2,382$1,927$1,546$1,232$976$490
21 years$2,245$1,795$1,422$1,118$873$421
22 years$2,121$1,675$1,311$1,017$783$361
23 years$2,007$1,567$1,210$926$703$310
24 years$1,903$1,468$1,119$844$632$267
25 years$1,807$1,378$1,037$771$568$230
26 years$1,719$1,295$961$705$512$198
27 years$1,638$1,219$893$645$462$170
28 years$1,562$1,148$830$591$417$147
29 years$1,492$1,083$772$542$376$127
30 years$1,427$1,023$719$498$340$109
31 years$1,366$967$671$457$307$94
32 years$1,309$915$626$420$278$81
33 years$1,255$867$584$386$252$70
34 years$1,205$821$546$355$228$61
35 years$1,158$779$510$327$206$52
36 years$1,113$739$477$301$187$45
37 years$1,071$702$447$278$169$39
38 years$1,032$667$418$256$154$34
39 years$994$635$392$236$139$29
40 years$958$604$367$218$126$25
41 years$925$575$345$201$115$22
42 years$892$547$323$185$104$19
43 years$862$522$303$171$94$16
44 years$833$497$285$158$86$14
45 years$805$474$267$146$78$12
46 years$779$452$251$135$71$10
47 years$754$432$236$124$64$9
48 years$729$412$222$115$58$8
49 years$706$393$208$106$53$7
50 years$684$376$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 $701,000, adding $6,978 every year, while hoping to spend $26,738 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: 74/8/18 Blend
51$701,000$701,000$701,000$701,000
52$779,700$742,547$731,681$833,644
53$830,780$750,483$727,744$878,278
54$886,175$757,911$722,778$923,227
55$946,295$764,779$716,721$971,782
56$1,011,594$771,030$709,508$1,024,297
57$1,082,570$776,604$701,070$1,081,158
58$1,159,771$781,437$691,335$1,142,795
59$1,243,800$785,460$680,227$1,209,680
60$1,335,321$788,600$667,668$1,282,333
61$1,435,063$790,781$653,575$1,361,327
62$1,543,831$791,921$637,861$1,447,295
63$1,662,508$791,931$620,435$1,540,934
64$1,792,068$790,720$601,204$1,643,013
65$1,933,583$788,189$580,069$1,754,379
66$2,088,232$784,235$556,925$1,875,966
67$2,257,314$778,745$531,664$2,008,804
68$2,442,260$771,602$504,174$2,154,028
69$2,644,642$762,683$474,336$2,312,890
70$2,866,196$751,855$442,027$2,486,769
71$3,108,830$738,978$407,117$2,677,187
72$3,374,647$723,903$369,471$2,885,821
73$3,665,961$706,475$328,949$3,114,519
74$3,985,323$686,527$285,403$3,365,320
75$4,335,541$663,882$238,679$3,640,470
76$4,719,709$638,354$188,617$3,942,447
77$5,141,233$609,747$135,049$4,273,982
78$5,603,866$577,852$77,800$4,638,084
79$6,111,741$542,448$16,688$5,038,073
80$6,669,413$503,302$0$5,477,606
81$7,281,897$460,167$0$5,970,038
82$7,954,718$412,784$0$6,514,519
83$8,693,965$360,875$0$7,112,782
84$9,506,342$304,151$0$7,770,271
85$10,399,238$242,304$0$8,492,984
86$11,380,792$175,008$0$9,287,531
87$12,459,971$101,921$0$10,161,195
88$13,646,653$22,681$0$11,122,002
89$14,951,724$0$0$12,178,796
90$16,387,175$0$0$13,346,876
91$17,966,218$0$0$14,634,033
92$19,703,412$0$0$16,050,143
93$21,614,796$0$0$17,608,284
94$23,718,043$0$0$19,322,868
95$26,032,625$0$0$21,209,773
96$28,579,997$0$0$23,286,496
97$31,383,801$0$0$25,572,315
98$34,470,085$0$0$28,088,470
99$37,867,552$0$0$30,858,369
100$41,607,828$0$0$33,907,800