Can I retire at age 52 with 702,000?

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 $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%15.8%
1 years$57,971$57,454$56,950$56,459$55,978$54,647
2 years$28,698$28,164$27,646$27,144$26,656$25,323
3 years$18,942$18,405$17,889$17,391$16,912$15,618
4 years$14,065$13,530$13,018$12,529$12,062$10,817
5 years$11,140$10,608$10,103$9,624$9,169$7,978
6 years$9,190$8,662$8,165$7,696$7,255$6,118
7 years$7,798$7,274$6,785$6,327$5,900$4,817
8 years$6,754$6,235$5,754$5,308$4,895$3,866
9 years$5,943$5,429$4,956$4,521$4,122$3,146
10 years$5,294$4,785$4,321$3,897$3,512$2,588
11 years$4,764$4,260$3,804$3,392$3,021$2,147
12 years$4,322$3,824$3,376$2,975$2,618$1,793
13 years$3,949$3,456$3,016$2,627$2,283$1,506
14 years$3,629$3,141$2,710$2,332$2,001$1,270
15 years$3,352$2,869$2,447$2,079$1,762$1,075
16 years$3,110$2,633$2,218$1,862$1,557$913
17 years$2,897$2,424$2,019$1,673$1,381$777
18 years$2,707$2,240$1,843$1,508$1,228$663
19 years$2,538$2,076$1,687$1,362$1,094$567
20 years$2,386$1,929$1,548$1,234$977$485
21 years$2,248$1,797$1,424$1,120$875$416
22 years$2,124$1,678$1,312$1,018$784$357
23 years$2,010$1,569$1,212$927$704$306
24 years$1,906$1,470$1,121$846$633$263
25 years$1,810$1,380$1,038$772$569$226
26 years$1,722$1,297$963$706$513$195
27 years$1,640$1,220$894$646$462$168
28 years$1,565$1,150$831$592$417$144
29 years$1,494$1,085$773$543$377$124
30 years$1,429$1,024$720$498$340$107
31 years$1,368$968$672$458$308$92
32 years$1,311$916$627$421$278$80
33 years$1,257$868$585$387$252$69
34 years$1,207$822$547$356$228$59
35 years$1,160$780$511$328$207$51
36 years$1,115$740$478$302$187$44
37 years$1,073$703$447$278$170$38
38 years$1,033$668$419$256$154$33
39 years$995$635$393$236$139$28
40 years$960$605$368$218$126$24
41 years$926$576$345$201$115$21
42 years$894$548$324$186$104$18
43 years$863$522$304$171$94$16
44 years$834$498$285$158$86$14
45 years$806$475$268$146$78$12
46 years$780$453$251$135$71$10
47 years$755$432$236$125$64$9
48 years$731$413$222$115$58$8
49 years$707$394$209$106$53$7
50 years$685$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 $702,000, adding $3,027 every year, while hoping to spend $39,832 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: 66/13/21 Blend
51$702,000$702,000$702,000$702,000
52$776,726$739,520$728,639$823,665
53$813,571$733,376$710,668$849,398
54$852,840$725,595$690,759$872,685
55$894,737$716,057$668,807$897,203
56$939,486$704,630$644,698$923,074
57$987,335$691,178$618,317$950,434
58$1,038,554$675,556$589,541$979,432
59$1,093,437$657,609$558,242$1,010,236
60$1,152,311$637,175$524,286$1,043,029
61$1,215,531$614,081$487,534$1,078,019
62$1,283,489$588,145$447,840$1,115,432
63$1,356,613$559,173$405,051$1,155,522
64$1,435,376$526,960$359,008$1,198,569
65$1,520,295$491,292$309,546$1,244,884
66$1,611,938$451,939$256,489$1,294,813
67$1,710,931$408,659$199,657$1,348,737
68$1,817,961$361,198$138,860$1,407,081
69$1,933,782$309,286$73,901$1,470,314
70$2,059,224$252,637$4,573$1,538,956
71$2,195,199$190,951$0$1,613,582
72$2,342,711$123,908$0$1,710,384
73$2,502,862$51,175$0$1,816,618
74$2,676,866$0$0$1,932,094
75$2,866,059$0$0$2,061,678
76$3,071,907$0$0$2,210,676
77$3,296,028$0$0$2,372,940
78$3,540,199$0$0$2,549,764
79$3,806,376$0$0$2,742,570
80$4,096,714$0$0$2,952,923
81$4,413,581$0$0$3,182,546
82$4,759,588$0$0$3,433,336
83$5,137,606$0$0$3,707,381
84$5,550,796$0$0$4,006,980
85$6,002,641$0$0$4,334,663
86$6,496,972$0$0$4,693,218
87$7,038,010$0$0$5,085,713
88$7,630,401$0$0$5,515,526
89$8,279,264$0$0$5,986,379
90$8,990,233$0$0$6,502,369
91$9,769,515$0$0$7,068,010
92$10,623,946$0$0$7,688,272
93$11,561,054$0$0$8,368,629
94$12,589,131$0$0$9,115,111
95$13,717,311$0$0$9,934,361
96$14,955,654$0$0$10,833,693
97$16,315,242$0$0$11,821,167
98$17,808,282$0$0$12,905,661
99$19,448,223$0$0$14,096,952
100$21,249,878$0$0$15,405,816