Can I retire at age 52 with 707,000?

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 $707,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$58,383$57,863$57,356$56,861$56,377$56,116
2 years$28,903$28,364$27,843$27,337$26,846$26,583
3 years$19,077$18,536$18,016$17,515$17,032$16,774
4 years$14,165$13,626$13,111$12,619$12,148$11,897
5 years$11,219$10,683$10,175$9,692$9,234$8,993
6 years$9,255$8,724$8,223$7,751$7,307$7,074
7 years$7,853$7,326$6,833$6,373$5,942$5,718
8 years$6,802$6,280$5,795$5,346$4,930$4,715
9 years$5,985$5,468$4,991$4,553$4,152$3,945
10 years$5,332$4,819$4,351$3,925$3,537$3,340
11 years$4,798$4,291$3,831$3,416$3,042$2,853
12 years$4,353$3,851$3,400$2,996$2,636$2,456
13 years$3,977$3,480$3,038$2,645$2,299$2,127
14 years$3,655$3,163$2,729$2,348$2,015$1,851
15 years$3,376$2,890$2,464$2,094$1,774$1,618
16 years$3,132$2,651$2,234$1,875$1,568$1,420
17 years$2,917$2,442$2,033$1,685$1,390$1,249
18 years$2,727$2,256$1,856$1,518$1,236$1,102
19 years$2,556$2,091$1,699$1,372$1,102$975
20 years$2,403$1,943$1,559$1,243$984$864
21 years$2,264$1,810$1,434$1,128$881$767
22 years$2,139$1,690$1,322$1,025$790$682
23 years$2,024$1,580$1,220$934$709$607
24 years$1,919$1,481$1,129$852$637$541
25 years$1,823$1,389$1,045$778$573$483
26 years$1,734$1,306$970$711$516$431
27 years$1,652$1,229$900$651$466$386
28 years$1,576$1,158$837$596$420$345
29 years$1,505$1,092$779$547$379$309
30 years$1,439$1,032$725$502$343$277
31 years$1,378$975$676$461$310$248
32 years$1,320$923$631$424$280$222
33 years$1,266$874$589$390$254$199
34 years$1,215$828$551$358$230$179
35 years$1,168$786$515$330$208$160
36 years$1,123$746$481$304$188$144
37 years$1,080$708$451$280$171$129
38 years$1,040$673$422$258$155$116
39 years$1,003$640$395$238$140$104
40 years$967$609$371$219$127$94
41 years$932$580$348$203$116$84
42 years$900$552$326$187$105$76
43 years$869$526$306$173$95$68
44 years$840$501$287$159$86$61
45 years$812$478$270$147$78$55
46 years$785$456$253$136$71$50
47 years$760$435$238$126$65$45
48 years$736$415$224$116$59$40
49 years$713$397$210$107$53$36
50 years$690$379$198$99$48$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $707,000, adding $3,354 every year, while hoping to spend $22,636 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: 75/19/6 Blend
51$707,000$707,000$707,000$707,000
52$782,574$745,103$734,144$840,524
53$838,312$757,528$734,653$891,518
54$898,976$769,804$734,421$944,157
55$965,046$781,898$733,399$1,001,179
56$1,037,048$793,779$731,534$1,063,012
57$1,115,561$805,408$728,775$1,130,123
58$1,201,224$816,749$725,065$1,203,029
59$1,294,738$827,759$720,344$1,282,298
60$1,396,877$838,395$714,551$1,368,557
61$1,508,492$848,609$707,622$1,462,495
62$1,630,519$858,352$699,488$1,564,874
63$1,763,990$867,569$690,079$1,676,529
64$1,910,040$876,204$679,320$1,798,384
65$2,069,921$884,194$667,133$1,931,456
66$2,245,008$891,475$653,438$2,076,864
67$2,436,819$897,977$638,148$2,235,844
68$2,647,024$903,627$621,175$2,409,754
69$2,877,461$908,346$602,426$2,600,095
70$3,130,157$912,050$581,802$2,808,516
71$3,407,343$914,650$559,202$3,036,840
72$3,711,475$916,051$534,518$3,287,071
73$4,045,262$916,154$507,641$3,561,419
74$4,411,684$914,851$478,452$3,862,321
75$4,814,025$912,028$446,830$4,192,461
76$5,255,905$907,567$412,648$4,554,798
77$5,741,309$901,339$375,773$4,952,591
78$6,274,626$893,208$336,066$5,389,436
79$6,860,694$883,032$293,380$5,869,291
80$7,504,843$870,658$247,566$6,396,521
81$8,212,941$855,925$198,464$6,975,938
82$8,991,458$838,662$145,909$7,612,841
83$9,847,519$818,688$89,729$8,313,074
84$10,788,974$795,812$29,743$9,083,076
85$11,824,473$769,831$0$9,929,945
86$12,963,546$740,530$0$10,863,696
87$14,216,694$707,682$0$11,892,930
88$15,595,485$671,046$0$13,025,255
89$17,112,666$630,369$0$14,271,156
90$18,782,283$585,382$0$15,642,188
91$20,619,811$535,801$0$17,151,084
92$22,642,301$481,324$0$18,811,878
93$24,868,542$421,636$0$20,640,035
94$27,319,236$356,399$0$22,652,600
95$30,017,196$285,260$0$24,868,354
96$32,987,556$207,844$0$27,308,000
97$36,258,015$123,756$0$29,994,348
98$39,859,090$32,579$0$32,952,541
99$43,824,412$0$0$36,210,285
100$48,191,038$0$0$39,811,942