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%14.2%
1 years$58,301$57,782$57,275$56,780$56,297$55,319
2 years$28,862$28,324$27,803$27,298$26,808$25,826
3 years$19,050$18,510$17,991$17,490$17,008$16,052
4 years$14,145$13,607$13,093$12,601$12,130$11,208
5 years$11,203$10,668$10,160$9,679$9,221$8,336
6 years$9,242$8,711$8,211$7,740$7,297$6,448
7 years$7,842$7,316$6,823$6,364$5,934$5,124
8 years$6,793$6,271$5,787$5,338$4,923$4,150
9 years$5,977$5,460$4,984$4,547$4,146$3,410
10 years$5,324$4,813$4,345$3,920$3,532$2,833
11 years$4,791$4,284$3,826$3,411$3,038$2,374
12 years$4,347$3,845$3,395$2,992$2,633$2,004
13 years$3,971$3,475$3,033$2,642$2,296$1,701
14 years$3,650$3,159$2,725$2,345$2,012$1,450
15 years$3,371$2,886$2,461$2,091$1,772$1,241
16 years$3,128$2,648$2,231$1,872$1,566$1,066
17 years$2,913$2,438$2,030$1,682$1,389$918
18 years$2,723$2,253$1,853$1,516$1,235$792
19 years$2,553$2,088$1,697$1,370$1,100$685
20 years$2,399$1,940$1,557$1,241$983$594
21 years$2,261$1,807$1,432$1,126$880$515
22 years$2,136$1,687$1,320$1,024$788$447
23 years$2,021$1,578$1,219$932$708$389
24 years$1,916$1,478$1,127$850$636$338
25 years$1,820$1,387$1,044$777$572$295
26 years$1,731$1,304$968$710$516$257
27 years$1,650$1,227$899$650$465$224
28 years$1,574$1,156$836$596$419$196
29 years$1,503$1,091$778$546$379$171
30 years$1,437$1,030$724$501$342$149
31 years$1,376$974$675$460$309$130
32 years$1,318$922$630$423$280$114
33 years$1,264$873$588$389$253$99
34 years$1,214$827$550$358$229$87
35 years$1,166$785$514$330$208$76
36 years$1,121$745$481$303$188$67
37 years$1,079$707$450$280$171$58
38 years$1,039$672$421$258$155$51
39 years$1,001$639$395$238$140$45
40 years$965$608$370$219$127$39
41 years$931$579$347$202$115$34
42 years$899$551$326$187$105$30
43 years$868$525$305$172$95$26
44 years$839$501$287$159$86$23
45 years$811$477$269$147$78$20
46 years$784$455$253$136$71$18
47 years$759$435$238$125$65$15
48 years$735$415$223$116$59$13
49 years$712$396$210$107$53$12
50 years$689$378$197$99$48$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $706,000, adding $6,678 every year, while hoping to spend $45,172 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: 30/45/25 Blend
51$706,000$706,000$706,000$706,000
52$784,900$747,482$736,539$802,220
53$816,898$736,046$713,151$804,710
54$850,644$722,536$687,465$802,945
55$886,272$706,802$659,356$800,129
56$923,922$688,686$628,696$796,201
57$963,752$668,021$595,346$791,099
58$1,005,930$644,629$559,166$784,757
59$1,050,642$618,324$520,005$777,111
60$1,098,091$588,905$477,709$768,094
61$1,148,499$556,164$432,115$757,638
62$1,202,109$519,879$383,053$745,675
63$1,259,185$479,814$330,347$732,135
64$1,320,018$435,721$273,810$716,951
65$1,384,927$387,338$213,249$700,054
66$1,454,260$334,388$148,463$681,375
67$1,528,399$276,578$79,242$660,849
68$1,607,763$213,598$5,364$638,411
69$1,692,811$145,121$0$614,000
70$1,784,048$70,801$0$607,158
71$1,882,026$0$0$601,031
72$1,987,352$0$0$599,021
73$2,100,691$0$0$634,664
74$2,222,776$0$0$673,141
75$2,354,410$0$0$714,715
76$2,496,476$0$0$759,677
77$2,649,942$0$0$808,345
78$2,815,875$0$0$861,069
79$2,995,446$0$0$918,235
80$3,189,942$0$0$980,265
81$3,400,779$0$0$1,047,626
82$3,629,514$0$0$1,120,831
83$3,877,858$0$0$1,200,442
84$4,147,694$0$0$1,287,080
85$4,441,093$0$0$1,381,428
86$4,760,335$0$0$1,484,235
87$5,107,927$0$0$1,596,328
88$5,486,627$0$0$1,718,617
89$5,899,471$0$0$1,852,103
90$6,349,802$0$0$1,997,887
91$6,841,297$0$0$2,157,183
92$7,378,005$0$0$2,331,325
93$7,964,382$0$0$2,521,784
94$8,605,335$0$0$2,730,179
95$9,306,266$0$0$2,958,293
96$10,073,122$0$0$3,208,087
97$10,912,452$0$0$3,481,724
98$11,831,468$0$0$3,781,583
99$12,838,111$0$0$4,110,288
100$13,941,126$0$0$4,470,724