Can I retire at age 52 with 702,000?

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 $702,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$57,971$57,454$56,950$56,459$55,978$54,515
2 years$28,698$28,164$27,646$27,144$26,656$25,192
3 years$18,942$18,405$17,889$17,391$16,912$15,492
4 years$14,065$13,530$13,018$12,529$12,062$10,698
5 years$11,140$10,608$10,103$9,624$9,169$7,864
6 years$9,190$8,662$8,165$7,696$7,255$6,011
7 years$7,798$7,274$6,785$6,327$5,900$4,718
8 years$6,754$6,235$5,754$5,308$4,895$3,772
9 years$5,943$5,429$4,956$4,521$4,122$3,059
10 years$5,294$4,785$4,321$3,897$3,512$2,507
11 years$4,764$4,260$3,804$3,392$3,021$2,072
12 years$4,322$3,824$3,376$2,975$2,618$1,724
13 years$3,949$3,456$3,016$2,627$2,283$1,442
14 years$3,629$3,141$2,710$2,332$2,001$1,211
15 years$3,352$2,869$2,447$2,079$1,762$1,021
16 years$3,110$2,633$2,218$1,862$1,557$863
17 years$2,897$2,424$2,019$1,673$1,381$732
18 years$2,707$2,240$1,843$1,508$1,228$621
19 years$2,538$2,076$1,687$1,362$1,094$529
20 years$2,386$1,929$1,548$1,234$977$450
21 years$2,248$1,797$1,424$1,120$875$384
22 years$2,124$1,678$1,312$1,018$784$328
23 years$2,010$1,569$1,212$927$704$280
24 years$1,906$1,470$1,121$846$633$240
25 years$1,810$1,380$1,038$772$569$205
26 years$1,722$1,297$963$706$513$176
27 years$1,640$1,220$894$646$462$151
28 years$1,565$1,150$831$592$417$129
29 years$1,494$1,085$773$543$377$111
30 years$1,429$1,024$720$498$340$95
31 years$1,368$968$672$458$308$81
32 years$1,311$916$627$421$278$70
33 years$1,257$868$585$387$252$60
34 years$1,207$822$547$356$228$51
35 years$1,160$780$511$328$207$44
36 years$1,115$740$478$302$187$38
37 years$1,073$703$447$278$170$33
38 years$1,033$668$419$256$154$28
39 years$995$635$393$236$139$24
40 years$960$605$368$218$126$21
41 years$926$576$345$201$115$18
42 years$894$548$324$186$104$15
43 years$863$522$304$171$94$13
44 years$834$498$285$158$86$11
45 years$806$475$268$146$78$10
46 years$780$453$251$135$71$8
47 years$755$432$236$125$64$7
48 years$731$413$222$115$58$6
49 years$707$394$209$106$53$5
50 years$685$376$196$98$48$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $702,000, adding $2,918 every year, while hoping to spend $40,627 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: 45/49/6 Blend
51$702,000$702,000$702,000$702,000
52$776,614$739,408$728,527$810,145
53$812,602$732,412$709,706$826,554
54$850,899$723,712$688,892$839,881
55$891,697$713,181$665,977$853,380
56$935,209$700,685$640,846$867,080
57$981,664$686,082$613,378$881,015
58$1,031,316$669,223$583,448$895,227
59$1,084,442$649,947$550,926$909,762
60$1,141,348$628,086$515,674$924,676
61$1,202,365$603,463$477,550$940,036
62$1,267,862$575,888$436,403$955,916
63$1,338,239$545,161$392,078$972,403
64$1,413,938$511,073$344,411$989,598
65$1,495,443$473,398$293,232$1,007,615
66$1,583,285$431,903$238,363$1,026,587
67$1,678,050$386,336$179,617$1,046,663
68$1,780,379$336,434$116,802$1,068,014
69$1,890,977$281,919$49,715$1,090,834
70$2,010,620$222,496$0$1,115,343
71$2,140,159$157,854$0$1,143,192
72$2,280,532$87,666$0$1,176,749
73$2,432,768$11,583$0$1,213,160
74$2,598,001$0$0$1,252,799
75$2,777,475$0$0$1,334,238
76$2,972,562$0$0$1,429,624
77$3,184,769$0$0$1,533,457
78$3,415,754$0$0$1,646,557
79$3,667,344$0$0$1,769,830
80$3,941,546$0$0$1,904,270
81$4,240,571$0$0$2,050,970
82$4,566,851$0$0$2,211,137
83$4,923,065$0$0$2,386,096
84$5,312,160$0$0$2,577,308
85$5,737,382$0$0$2,786,380
86$6,202,302$0$0$3,015,082
87$6,710,855$0$0$3,265,364
88$7,267,373$0$0$3,539,370
89$7,876,623$0$0$3,839,465
90$8,543,858$0$0$4,168,251
91$9,274,861$0$0$4,528,593
92$10,076,002$0$0$4,923,648
93$10,954,295$0$0$5,356,893
94$11,917,466$0$0$5,832,156
95$12,974,024$0$0$6,353,655
96$14,133,342$0$0$6,926,036
97$15,405,744$0$0$7,554,415
98$16,802,600$0$0$8,244,429
99$18,336,438$0$0$9,002,288
100$20,021,057$0$0$9,834,832