Can I retire at age 52 with 705,000?

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 $705,000?

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$58,218$57,700$57,194$56,700$56,218$54,881
2 years$28,821$28,284$27,764$27,260$26,770$25,431
3 years$19,023$18,484$17,965$17,465$16,984$15,685
4 years$14,125$13,588$13,074$12,583$12,113$10,864
5 years$11,187$10,653$10,146$9,665$9,208$8,012
6 years$9,229$8,699$8,199$7,729$7,286$6,144
7 years$7,831$7,305$6,814$6,354$5,926$4,838
8 years$6,783$6,262$5,779$5,331$4,916$3,882
9 years$5,968$5,452$4,977$4,541$4,140$3,160
10 years$5,317$4,806$4,339$3,914$3,527$2,599
11 years$4,784$4,278$3,820$3,406$3,034$2,156
12 years$4,341$3,840$3,390$2,988$2,629$1,801
13 years$3,966$3,470$3,029$2,638$2,292$1,512
14 years$3,645$3,154$2,722$2,342$2,010$1,276
15 years$3,366$2,882$2,457$2,088$1,769$1,080
16 years$3,123$2,644$2,228$1,870$1,564$917
17 years$2,909$2,435$2,027$1,680$1,387$781
18 years$2,719$2,250$1,851$1,514$1,233$666
19 years$2,549$2,085$1,694$1,368$1,099$569
20 years$2,396$1,938$1,555$1,239$982$487
21 years$2,258$1,805$1,430$1,124$878$417
22 years$2,133$1,685$1,318$1,022$787$358
23 years$2,018$1,576$1,217$931$707$308
24 years$1,914$1,476$1,126$849$635$264
25 years$1,818$1,385$1,042$776$572$227
26 years$1,729$1,302$967$709$515$196
27 years$1,647$1,225$898$649$464$168
28 years$1,571$1,155$835$595$419$145
29 years$1,501$1,089$777$545$378$125
30 years$1,435$1,029$723$501$342$108
31 years$1,374$973$674$460$309$93
32 years$1,316$920$629$422$279$80
33 years$1,263$871$588$388$253$69
34 years$1,212$826$549$357$229$60
35 years$1,164$783$513$329$207$51
36 years$1,120$744$480$303$188$44
37 years$1,077$706$449$279$170$38
38 years$1,037$671$421$257$154$33
39 years$1,000$638$394$237$140$29
40 years$964$607$370$219$127$25
41 years$930$578$347$202$115$21
42 years$898$550$325$186$105$18
43 years$867$524$305$172$95$16
44 years$838$500$286$159$86$14
45 years$810$477$269$147$78$12
46 years$783$455$253$136$71$10
47 years$758$434$237$125$64$9
48 years$734$414$223$116$59$8
49 years$710$396$210$107$53$7
50 years$688$378$197$99$48$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $705,000, adding $5,180 every year, while hoping to spend $25,339 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: 76/17/7 Blend
51$705,000$705,000$705,000$705,000
52$782,253$744,888$733,961$840,616
53$835,082$754,427$731,588$889,240
54$892,451$763,584$728,286$938,756
55$954,795$772,314$723,998$992,295
56$1,022,595$780,568$718,663$1,050,244
57$1,096,378$788,295$712,216$1,113,033
58$1,176,726$795,438$704,593$1,181,133
59$1,264,278$801,940$695,722$1,255,064
60$1,359,737$807,738$685,531$1,335,399
61$1,463,877$812,764$673,944$1,422,770
62$1,577,551$816,949$660,880$1,517,872
63$1,701,698$820,215$646,256$1,621,471
64$1,837,349$822,484$629,983$1,734,411
65$1,985,642$823,669$611,971$1,857,623
66$2,147,829$823,681$592,124$1,992,133
67$2,325,288$822,421$570,341$2,139,070
68$2,519,537$819,789$546,516$2,299,680
69$2,732,247$815,676$520,542$2,475,335
70$2,965,259$809,967$492,302$2,667,549
71$3,220,598$802,538$461,678$2,877,988
72$3,500,499$793,262$428,543$3,108,489
73$3,807,418$782,000$392,768$3,361,079
74$4,144,063$768,607$354,214$3,637,988
75$4,513,418$752,929$312,741$3,941,677
76$4,918,767$734,803$268,198$4,274,858
77$5,363,728$714,055$220,429$4,640,519
78$5,852,287$690,503$169,273$5,041,954
79$6,388,836$663,953$114,559$5,482,794
80$6,978,210$634,199$56,109$5,967,040
81$7,625,739$601,026$0$6,499,103
82$8,337,291$564,204$0$7,084,313
83$9,119,334$523,489$0$7,732,062
84$9,978,993$478,626$0$8,444,077
85$10,924,115$429,344$0$9,226,882
86$11,963,348$375,356$0$10,087,670
87$13,106,221$316,359$0$11,034,365
88$14,363,228$252,033$0$12,075,701
89$15,745,935$182,041$0$13,221,304
90$17,267,085$106,025$0$14,481,783
91$18,940,717$23,610$0$15,868,828
92$20,782,299$0$0$17,395,324
93$22,808,876$0$0$19,087,744
94$25,039,228$0$0$20,955,231
95$27,494,046$0$0$23,010,698
96$30,196,132$0$0$25,273,242
97$33,170,608$0$0$27,763,901
98$36,445,156$0$0$30,505,861
99$40,050,279$0$0$33,524,666
100$44,019,588$0$0$36,848,467