Can I retire at age 52 with 703,000?

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 $703,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$58,053$57,536$57,031$56,539$56,058$55,289
2 years$28,739$28,204$27,685$27,182$26,694$25,921
3 years$18,969$18,432$17,914$17,416$16,936$16,182
4 years$14,085$13,549$13,037$12,547$12,079$11,350
5 years$11,155$10,623$10,117$9,637$9,182$8,481
6 years$9,203$8,674$8,176$7,707$7,266$6,593
7 years$7,809$7,285$6,794$6,336$5,909$5,265
8 years$6,764$6,244$5,762$5,316$4,902$4,287
9 years$5,951$5,437$4,963$4,528$4,128$3,541
10 years$5,302$4,792$4,327$3,903$3,517$2,958
11 years$4,771$4,266$3,809$3,397$3,025$2,493
12 years$4,328$3,829$3,381$2,979$2,621$2,116
13 years$3,954$3,460$3,020$2,630$2,286$1,807
14 years$3,634$3,145$2,714$2,335$2,004$1,550
15 years$3,357$2,873$2,450$2,082$1,764$1,335
16 years$3,115$2,636$2,221$1,864$1,559$1,154
17 years$2,901$2,428$2,021$1,675$1,383$1,000
18 years$2,711$2,244$1,845$1,510$1,229$869
19 years$2,542$2,079$1,689$1,364$1,096$756
20 years$2,389$1,932$1,550$1,236$979$659
21 years$2,252$1,800$1,426$1,121$876$576
22 years$2,127$1,680$1,314$1,020$785$504
23 years$2,013$1,571$1,214$928$705$441
24 years$1,908$1,472$1,122$847$633$387
25 years$1,812$1,382$1,039$773$570$339
26 years$1,724$1,298$964$707$513$298
27 years$1,643$1,222$895$647$463$261
28 years$1,567$1,151$832$593$418$230
29 years$1,497$1,086$774$544$377$202
30 years$1,431$1,026$721$499$341$178
31 years$1,370$970$673$458$308$156
32 years$1,313$918$627$421$279$138
33 years$1,259$869$586$387$252$121
34 years$1,209$824$547$356$228$107
35 years$1,161$781$512$328$207$94
36 years$1,117$741$479$302$187$83
37 years$1,074$704$448$278$170$73
38 years$1,035$669$420$257$154$64
39 years$997$636$393$237$140$57
40 years$961$605$369$218$127$50
41 years$927$576$346$201$115$44
42 years$895$549$324$186$104$39
43 years$864$523$304$172$95$34
44 years$835$499$286$158$86$30
45 years$807$475$268$146$78$27
46 years$781$454$252$135$71$24
47 years$756$433$237$125$64$21
48 years$732$413$222$115$58$18
49 years$708$395$209$107$53$16
50 years$686$377$196$99$48$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $703,000, adding $4,988 every year, while hoping to spend $33,992 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: 55/29/16 Blend
51$703,000$703,000$703,000$703,000
52$779,851$742,592$731,696$819,176
53$823,229$742,812$720,040$846,732
54$869,892$741,903$706,855$872,644
55$920,139$739,775$692,053$900,093
56$974,299$736,330$675,543$929,233
57$1,032,734$731,466$657,230$960,237
58$1,095,838$725,074$637,013$993,295
59$1,164,050$717,038$614,788$1,028,619
60$1,237,846$707,237$590,447$1,066,444
61$1,317,754$695,539$563,875$1,107,031
62$1,404,353$681,808$534,953$1,150,669
63$1,498,279$665,899$503,556$1,197,680
64$1,600,232$647,656$469,553$1,248,419
65$1,710,981$626,917$432,809$1,303,280
66$1,831,374$603,509$393,181$1,362,701
67$1,962,342$577,248$350,520$1,427,167
68$2,104,910$547,943$304,672$1,497,214
69$2,260,206$515,387$255,473$1,573,437
70$2,429,471$479,365$202,755$1,656,494
71$2,614,070$439,647$146,341$1,747,115
72$2,815,508$395,992$86,046$1,846,106
73$3,035,439$348,145$21,677$1,954,362
74$3,275,684$295,834$0$2,072,871
75$3,538,249$238,775$0$2,210,753
76$3,825,341$176,667$0$2,365,663
77$4,139,393$109,190$0$2,535,274
78$4,483,079$36,008$0$2,721,105
79$4,859,347$0$0$2,924,833
80$5,271,443$0$0$3,162,109
81$5,722,941$0$0$3,434,725
82$6,217,777$0$0$3,733,575
83$6,760,285$0$0$4,061,286
84$7,355,241$0$0$4,420,751
85$8,007,902$0$0$4,815,155
86$8,724,061$0$0$5,248,009
87$9,510,099$0$0$5,723,177
88$10,373,041$0$0$6,244,919
89$11,320,631$0$0$6,817,924
90$12,361,395$0$0$7,447,360
91$13,504,728$0$0$8,138,921
92$14,760,979$0$0$8,898,876
93$16,141,548$0$0$9,734,135
94$17,658,997$0$0$10,652,309
95$19,327,162$0$0$11,661,784
96$21,161,289$0$0$12,771,797
97$23,178,174$0$0$13,992,528
98$25,396,321$0$0$15,335,191
99$27,836,120$0$0$16,812,141
100$30,520,034$0$0$18,436,992