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%19.9%
1 years$58,053$57,536$57,031$56,539$56,058$53,834
2 years$28,739$28,204$27,685$27,182$26,694$24,481
3 years$18,969$18,432$17,914$17,416$16,936$14,803
4 years$14,085$13,549$13,037$12,547$12,079$10,043
5 years$11,155$10,623$10,117$9,637$9,182$7,248
6 years$9,203$8,674$8,176$7,707$7,266$5,435
7 years$7,809$7,285$6,794$6,336$5,909$4,181
8 years$6,764$6,244$5,762$5,316$4,902$3,275
9 years$5,951$5,437$4,963$4,528$4,128$2,599
10 years$5,302$4,792$4,327$3,903$3,517$2,084
11 years$4,771$4,266$3,809$3,397$3,025$1,684
12 years$4,328$3,829$3,381$2,979$2,621$1,369
13 years$3,954$3,460$3,020$2,630$2,286$1,118
14 years$3,634$3,145$2,714$2,335$2,004$916
15 years$3,357$2,873$2,450$2,082$1,764$754
16 years$3,115$2,636$2,221$1,864$1,559$621
17 years$2,901$2,428$2,021$1,675$1,383$513
18 years$2,711$2,244$1,845$1,510$1,229$425
19 years$2,542$2,079$1,689$1,364$1,096$352
20 years$2,389$1,932$1,550$1,236$979$292
21 years$2,252$1,800$1,426$1,121$876$242
22 years$2,127$1,680$1,314$1,020$785$201
23 years$2,013$1,571$1,214$928$705$167
24 years$1,908$1,472$1,122$847$633$139
25 years$1,812$1,382$1,039$773$570$116
26 years$1,724$1,298$964$707$513$96
27 years$1,643$1,222$895$647$463$80
28 years$1,567$1,151$832$593$418$67
29 years$1,497$1,086$774$544$377$56
30 years$1,431$1,026$721$499$341$46
31 years$1,370$970$673$458$308$39
32 years$1,313$918$627$421$279$32
33 years$1,259$869$586$387$252$27
34 years$1,209$824$547$356$228$22
35 years$1,161$781$512$328$207$19
36 years$1,117$741$479$302$187$16
37 years$1,074$704$448$278$170$13
38 years$1,035$669$420$257$154$11
39 years$997$636$393$237$140$9
40 years$961$605$369$218$127$8
41 years$927$576$346$201$115$6
42 years$895$549$324$186$104$5
43 years$864$523$304$172$95$4
44 years$835$499$286$158$86$4
45 years$807$475$268$146$78$3
46 years$781$454$252$135$71$3
47 years$756$433$237$125$64$2
48 years$732$413$222$115$58$2
49 years$708$395$209$107$53$1
50 years$686$377$196$99$48$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $703,000, adding $3,471 every year, while hoping to spend $54,944 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: 63/12/25 Blend
51$703,000$703,000$703,000$703,000
52$778,286$741,027$730,131$821,980
53$799,212$718,878$696,130$829,806
54$820,430$693,801$659,149$831,969
55$841,912$665,596$619,030$833,117
56$863,627$634,050$575,607$833,156
57$885,536$598,938$528,708$831,988
58$907,594$560,019$478,154$829,505
59$929,753$517,044$423,756$825,592
60$951,953$469,744$365,317$820,126
61$974,130$417,839$302,632$812,972
62$996,208$361,031$235,488$803,986
63$1,018,104$299,004$163,660$793,012
64$1,039,723$231,428$86,914$779,883
65$1,060,956$157,949$5,008$764,416
66$1,081,684$78,199$0$746,415
67$1,101,769$0$0$747,649
68$1,121,061$0$0$749,847
69$1,139,388$0$0$761,674
70$1,156,560$0$0$772,671
71$1,172,364$0$0$782,689
72$1,186,561$0$0$791,562
73$1,198,887$0$0$799,104
74$1,209,046$0$0$805,110
75$1,216,709$0$0$809,350
76$1,221,510$0$0$811,570
77$1,223,043$0$0$811,485
78$1,220,856$0$0$808,782
79$1,214,447$0$0$803,110
80$1,203,261$0$0$794,082
81$1,186,679$0$0$781,269
82$1,164,017$0$0$764,194
83$1,134,516$0$0$742,330
84$1,097,338$0$0$715,090
85$1,051,551$0$0$681,830
86$996,126$0$0$641,831
87$929,922$0$0$594,302
88$851,681$0$0$538,366
89$760,006$0$0$473,053
90$653,356$0$0$397,290
91$530,026$0$0$309,894
92$388,132$0$0$209,553
93$225,593$0$0$94,822
94$40,108$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0