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%16.8%
1 years$58,301$57,782$57,275$56,780$56,297$54,737
2 years$28,862$28,324$27,803$27,298$26,808$25,248
3 years$19,050$18,510$17,991$17,490$17,008$15,496
4 years$14,145$13,607$13,093$12,601$12,130$10,679
5 years$11,203$10,668$10,160$9,679$9,221$7,834
6 years$9,242$8,711$8,211$7,740$7,297$5,975
7 years$7,842$7,316$6,823$6,364$5,934$4,679
8 years$6,793$6,271$5,787$5,338$4,923$3,732
9 years$5,977$5,460$4,984$4,547$4,146$3,019
10 years$5,324$4,813$4,345$3,920$3,532$2,468
11 years$4,791$4,284$3,826$3,411$3,038$2,035
12 years$4,347$3,845$3,395$2,992$2,633$1,688
13 years$3,971$3,475$3,033$2,642$2,296$1,408
14 years$3,650$3,159$2,725$2,345$2,012$1,180
15 years$3,371$2,886$2,461$2,091$1,772$992
16 years$3,128$2,648$2,231$1,872$1,566$836
17 years$2,913$2,438$2,030$1,682$1,389$707
18 years$2,723$2,253$1,853$1,516$1,235$598
19 years$2,553$2,088$1,697$1,370$1,100$508
20 years$2,399$1,940$1,557$1,241$983$431
21 years$2,261$1,807$1,432$1,126$880$367
22 years$2,136$1,687$1,320$1,024$788$312
23 years$2,021$1,578$1,219$932$708$266
24 years$1,916$1,478$1,127$850$636$227
25 years$1,820$1,387$1,044$777$572$193
26 years$1,731$1,304$968$710$516$165
27 years$1,650$1,227$899$650$465$141
28 years$1,574$1,156$836$596$419$120
29 years$1,503$1,091$778$546$379$103
30 years$1,437$1,030$724$501$342$88
31 years$1,376$974$675$460$309$75
32 years$1,318$922$630$423$280$64
33 years$1,264$873$588$389$253$55
34 years$1,214$827$550$358$229$47
35 years$1,166$785$514$330$208$40
36 years$1,121$745$481$303$188$34
37 years$1,079$707$450$280$171$29
38 years$1,039$672$421$258$155$25
39 years$1,001$639$395$238$140$22
40 years$965$608$370$219$127$18
41 years$931$579$347$202$115$16
42 years$899$551$326$187$105$14
43 years$868$525$305$172$95$12
44 years$839$501$287$159$86$10
45 years$811$477$269$147$78$8
46 years$784$455$253$136$71$7
47 years$759$435$238$125$65$6
48 years$735$415$223$116$59$5
49 years$712$396$210$107$53$5
50 years$689$378$197$99$48$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $706,000, adding $4,955 every year, while hoping to spend $48,500 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: 38/45/17 Blend
51$706,000$706,000$706,000$706,000
52$783,123$745,705$734,762$808,705
53$811,398$730,641$707,773$812,464
54$840,931$713,213$678,254$811,527
55$871,801$693,255$646,070$809,489
56$904,089$670,589$611,078$806,278
57$937,887$645,028$573,130$801,816
58$973,291$616,375$532,070$796,025
59$1,010,409$584,420$487,736$788,821
60$1,049,355$548,941$439,960$780,118
61$1,090,254$509,703$388,563$769,827
62$1,133,241$466,460$333,361$757,855
63$1,178,464$418,949$274,161$744,107
64$1,226,084$366,893$210,761$728,484
65$1,276,274$310,001$142,951$710,883
66$1,329,225$247,962$70,511$691,201
67$1,385,144$180,450$0$669,330
68$1,444,257$107,121$0$646,392
69$1,506,812$27,611$0$634,771
70$1,573,078$0$0$621,597
71$1,643,348$0$0$635,750
72$1,717,946$0$0$665,338
73$1,797,222$0$0$696,832
74$1,881,562$0$0$730,393
75$1,971,386$0$0$766,196
76$2,067,157$0$0$804,432
77$2,169,379$0$0$845,310
78$2,278,606$0$0$889,061
79$2,395,444$0$0$935,937
80$2,520,559$0$0$986,214
81$2,654,681$0$0$1,040,196
82$2,798,609$0$0$1,098,216
83$2,953,222$0$0$1,160,639
84$3,119,484$0$0$1,227,867
85$3,298,453$0$0$1,300,341
86$3,491,292$0$0$1,378,545
87$3,699,277$0$0$1,463,012
88$3,923,810$0$0$1,554,325
89$4,166,433$0$0$1,653,129
90$4,428,839$0$0$1,760,128
91$4,712,889$0$0$1,876,100
92$5,020,629$0$0$2,001,900
93$5,354,311$0$0$2,138,465
94$5,716,408$0$0$2,286,830
95$6,109,642$0$0$2,448,131
96$6,537,005$0$0$2,623,618
97$7,001,791$0$0$2,814,666
98$7,507,623$0$0$3,022,790
99$8,058,486$0$0$3,249,655
100$8,658,768$0$0$3,497,094