Can I retire at age 52 with 706,000?

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 $706,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$58,301$57,782$57,275$56,780$56,297$55,663
2 years$28,862$28,324$27,803$27,298$26,808$26,170
3 years$19,050$18,510$17,991$17,490$17,008$16,385
4 years$14,145$13,607$13,093$12,601$12,130$11,528
5 years$11,203$10,668$10,160$9,679$9,221$8,641
6 years$9,242$8,711$8,211$7,740$7,297$6,739
7 years$7,842$7,316$6,823$6,364$5,934$5,400
8 years$6,793$6,271$5,787$5,338$4,923$4,411
9 years$5,977$5,460$4,984$4,547$4,146$3,657
10 years$5,324$4,813$4,345$3,920$3,532$3,066
11 years$4,791$4,284$3,826$3,411$3,038$2,594
12 years$4,347$3,845$3,395$2,992$2,633$2,210
13 years$3,971$3,475$3,033$2,642$2,296$1,894
14 years$3,650$3,159$2,725$2,345$2,012$1,632
15 years$3,371$2,886$2,461$2,091$1,772$1,411
16 years$3,128$2,648$2,231$1,872$1,566$1,225
17 years$2,913$2,438$2,030$1,682$1,389$1,066
18 years$2,723$2,253$1,853$1,516$1,235$930
19 years$2,553$2,088$1,697$1,370$1,100$813
20 years$2,399$1,940$1,557$1,241$983$712
21 years$2,261$1,807$1,432$1,126$880$625
22 years$2,136$1,687$1,320$1,024$788$549
23 years$2,021$1,578$1,219$932$708$483
24 years$1,916$1,478$1,127$850$636$425
25 years$1,820$1,387$1,044$777$572$375
26 years$1,731$1,304$968$710$516$331
27 years$1,650$1,227$899$650$465$292
28 years$1,574$1,156$836$596$419$258
29 years$1,503$1,091$778$546$379$228
30 years$1,437$1,030$724$501$342$201
31 years$1,376$974$675$460$309$178
32 years$1,318$922$630$423$280$158
33 years$1,264$873$588$389$253$139
34 years$1,214$827$550$358$229$123
35 years$1,166$785$514$330$208$109
36 years$1,121$745$481$303$188$97
37 years$1,079$707$450$280$171$86
38 years$1,039$672$421$258$155$76
39 years$1,001$639$395$238$140$67
40 years$965$608$370$219$127$60
41 years$931$579$347$202$115$53
42 years$899$551$326$187$105$47
43 years$868$525$305$172$95$42
44 years$839$501$287$159$86$37
45 years$811$477$269$147$78$33
46 years$784$455$253$136$71$29
47 years$759$435$238$125$65$26
48 years$735$415$223$116$59$23
49 years$712$396$210$107$53$20
50 years$689$378$197$99$48$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $706,000, adding $5,591 every year, while hoping to spend $21,262 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: 48/41/11 Blend
51$706,000$706,000$706,000$706,000
52$783,779$746,361$735,418$818,777
53$841,102$760,310$737,432$857,392
54$903,559$774,230$738,801$896,623
55$971,652$788,097$739,480$938,736
56$1,045,932$801,885$739,424$984,006
57$1,127,006$815,567$738,585$1,032,737
58$1,215,544$829,113$736,910$1,085,264
59$1,312,280$842,490$734,347$1,141,956
60$1,418,024$855,664$730,840$1,203,221
61$1,533,670$868,598$726,330$1,269,507
62$1,660,198$881,253$720,755$1,341,311
63$1,798,689$893,586$714,052$1,419,178
64$1,950,335$905,551$706,152$1,503,711
65$2,116,447$917,101$696,986$1,595,576
66$2,298,468$928,182$686,478$1,695,504
67$2,497,988$938,740$674,552$1,804,305
68$2,716,760$948,715$661,127$1,922,871
69$2,956,712$958,044$646,117$2,052,184
70$3,219,968$966,660$629,433$2,193,330
71$3,508,869$974,491$610,984$2,347,506
72$3,825,993$981,460$590,670$2,516,030
73$4,174,179$987,486$568,392$2,700,359
74$4,556,554$992,482$544,043$2,902,097
75$4,976,565$996,356$517,511$3,123,015
76$5,438,007$999,010$488,680$3,365,066
77$5,945,063$1,000,340$457,429$3,630,403
78$6,502,337$1,000,235$423,631$3,921,401
79$7,114,907$998,578$387,154$4,240,678
80$7,788,362$995,243$347,858$4,591,124
81$8,528,863$990,098$305,600$4,975,922
82$9,343,198$983,004$260,228$5,398,587
83$10,238,843$973,809$211,584$5,862,990
84$11,224,036$962,358$159,504$6,373,404
85$12,307,856$948,481$103,816$6,934,537
86$13,500,303$932,002$44,339$7,551,585
87$14,812,396$912,733$0$8,230,272
88$16,256,277$890,474$0$8,979,161
89$17,845,324$865,014$0$9,808,667
90$19,594,278$836,130$0$10,721,282
91$21,519,379$803,585$0$11,725,495
92$23,638,526$767,131$0$12,830,665
93$25,971,437$726,501$0$14,047,109
94$28,539,840$681,417$0$15,386,201
95$31,367,680$631,582$0$16,860,477
96$34,481,337$576,684$0$18,483,759
97$37,909,883$516,391$0$20,271,280
98$41,685,352$450,355$0$22,239,837
99$45,843,041$378,206$0$24,407,940
100$50,421,847$299,554$0$26,795,996