Can I retire at age 52 with 704,000?

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 $704,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$58,136$57,618$57,113$56,619$56,138$54,060
2 years$28,780$28,244$27,725$27,221$26,732$24,662
3 years$18,996$18,458$17,940$17,441$16,960$14,963
4 years$14,105$13,568$13,055$12,565$12,096$10,187
5 years$11,171$10,638$10,132$9,651$9,195$7,380
6 years$9,216$8,687$8,188$7,718$7,276$5,555
7 years$7,820$7,295$6,804$6,345$5,917$4,290
8 years$6,773$6,253$5,770$5,323$4,909$3,375
9 years$5,960$5,444$4,970$4,534$4,134$2,690
10 years$5,309$4,799$4,333$3,908$3,522$2,166
11 years$4,777$4,272$3,815$3,401$3,029$1,758
12 years$4,335$3,835$3,385$2,984$2,625$1,436
13 years$3,960$3,465$3,025$2,634$2,289$1,178
14 years$3,639$3,150$2,718$2,338$2,007$971
15 years$3,362$2,877$2,454$2,085$1,767$802
16 years$3,119$2,640$2,225$1,867$1,562$665
17 years$2,905$2,431$2,024$1,678$1,385$552
18 years$2,715$2,247$1,848$1,512$1,231$459
19 years$2,545$2,082$1,692$1,366$1,097$383
20 years$2,393$1,935$1,553$1,237$980$319
21 years$2,255$1,802$1,428$1,123$877$266
22 years$2,130$1,682$1,316$1,021$786$222
23 years$2,015$1,573$1,215$930$706$186
24 years$1,911$1,474$1,124$848$634$156
25 years$1,815$1,384$1,041$774$571$130
26 years$1,727$1,300$965$708$514$109
27 years$1,645$1,224$897$648$464$91
28 years$1,569$1,153$833$594$418$76
29 years$1,499$1,088$776$545$378$64
30 years$1,433$1,027$722$500$341$54
31 years$1,372$971$673$459$309$45
32 years$1,314$919$628$422$279$38
33 years$1,261$870$587$388$253$32
34 years$1,210$825$548$357$229$27
35 years$1,163$782$513$329$207$22
36 years$1,118$743$479$303$188$19
37 years$1,076$705$449$279$170$16
38 years$1,036$670$420$257$154$13
39 years$998$637$394$237$140$11
40 years$962$606$369$219$127$9
41 years$929$577$346$202$115$8
42 years$896$550$325$186$104$6
43 years$866$524$305$172$95$5
44 years$836$499$286$159$86$5
45 years$809$476$268$146$78$4
46 years$782$454$252$135$71$3
47 years$757$433$237$125$64$3
48 years$733$414$223$116$58$2
49 years$709$395$209$107$53$2
50 years$687$377$197$99$48$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $704,000, adding $5,469 every year, while hoping to spend $56,700 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: 78/7/15 Blend
51$704,000$704,000$704,000$704,000
52$781,449$744,137$733,225$839,516
53$800,829$720,272$697,460$854,683
54$820,285$693,336$658,596$863,571
55$839,765$663,121$616,470$871,739
56$859,210$629,403$570,911$879,092
57$878,553$591,947$521,740$885,529
58$897,717$550,505$468,771$890,937
59$916,617$504,812$411,807$895,192
60$935,157$454,592$350,647$898,160
61$953,225$399,550$285,077$899,692
62$970,702$339,376$214,874$899,627
63$987,449$273,740$139,808$897,786
64$1,003,312$202,298$59,635$893,975
65$1,018,121$124,681$0$887,981
66$1,031,683$40,504$0$883,718
67$1,043,785$0$0$887,236
68$1,054,187$0$0$892,646
69$1,062,624$0$0$899,473
70$1,068,800$0$0$904,344
71$1,072,387$0$0$906,975
72$1,073,019$0$0$907,051
73$1,070,289$0$0$904,224
74$1,063,747$0$0$898,104
75$1,052,894$0$0$888,263
76$1,037,173$0$0$874,222
77$1,015,971$0$0$855,453
78$988,605$0$0$831,369
79$954,322$0$0$801,321
80$912,286$0$0$764,591
81$861,572$0$0$720,383
82$801,157$0$0$667,816
83$729,908$0$0$605,917
84$646,572$0$0$533,608
85$549,767$0$0$449,700
86$437,960$0$0$352,876
87$309,461$0$0$241,680
88$162,400$0$0$114,506
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$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