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%18%
1 years$58,383$57,863$57,356$56,861$56,377$54,551
2 years$28,903$28,364$27,843$27,337$26,846$25,023
3 years$19,077$18,536$18,016$17,515$17,032$15,270
4 years$14,165$13,626$13,111$12,619$12,148$10,459
5 years$11,219$10,683$10,175$9,692$9,234$7,625
6 years$9,255$8,724$8,223$7,751$7,307$5,777
7 years$7,853$7,326$6,833$6,373$5,942$4,493
8 years$6,802$6,280$5,795$5,346$4,930$3,559
9 years$5,985$5,468$4,991$4,553$4,152$2,858
10 years$5,332$4,819$4,351$3,925$3,537$2,319
11 years$4,798$4,291$3,831$3,416$3,042$1,897
12 years$4,353$3,851$3,400$2,996$2,636$1,562
13 years$3,977$3,480$3,038$2,645$2,299$1,292
14 years$3,655$3,163$2,729$2,348$2,015$1,073
15 years$3,376$2,890$2,464$2,094$1,774$895
16 years$3,132$2,651$2,234$1,875$1,568$748
17 years$2,917$2,442$2,033$1,685$1,390$627
18 years$2,727$2,256$1,856$1,518$1,236$526
19 years$2,556$2,091$1,699$1,372$1,102$442
20 years$2,403$1,943$1,559$1,243$984$372
21 years$2,264$1,810$1,434$1,128$881$313
22 years$2,139$1,690$1,322$1,025$790$264
23 years$2,024$1,580$1,220$934$709$223
24 years$1,919$1,481$1,129$852$637$188
25 years$1,823$1,389$1,045$778$573$159
26 years$1,734$1,306$970$711$516$135
27 years$1,652$1,229$900$651$466$114
28 years$1,576$1,158$837$596$420$96
29 years$1,505$1,092$779$547$379$81
30 years$1,439$1,032$725$502$343$69
31 years$1,378$975$676$461$310$58
32 years$1,320$923$631$424$280$49
33 years$1,266$874$589$390$254$42
34 years$1,215$828$551$358$230$35
35 years$1,168$786$515$330$208$30
36 years$1,123$746$481$304$188$25
37 years$1,080$708$451$280$171$22
38 years$1,040$673$422$258$155$18
39 years$1,003$640$395$238$140$15
40 years$967$609$371$219$127$13
41 years$932$580$348$203$116$11
42 years$900$552$326$187$105$9
43 years$869$526$306$173$95$8
44 years$840$501$287$159$86$7
45 years$812$478$270$147$78$6
46 years$785$456$253$136$71$5
47 years$760$435$238$126$65$4
48 years$736$415$224$116$59$3
49 years$713$397$210$107$53$3
50 years$690$379$198$99$48$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $707,000, adding $5,147 every year, while hoping to spend $21,233 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: 52/21/27 Blend
51$707,000$707,000$707,000$707,000
52$784,423$746,952$735,994$819,043
53$841,843$760,961$738,058$857,628
54$904,407$774,945$739,479$897,009
55$972,619$788,880$740,214$939,425
56$1,047,032$802,740$740,217$985,175
57$1,128,253$816,499$739,438$1,034,588
58$1,216,954$830,126$737,828$1,088,028
59$1,313,871$843,590$735,333$1,145,895
60$1,419,816$856,856$731,898$1,208,632
61$1,535,684$869,888$727,462$1,276,726
62$1,662,458$882,647$721,967$1,350,716
63$1,801,222$895,090$715,346$1,431,195
64$1,953,170$907,173$707,533$1,518,819
65$2,119,615$918,847$698,458$1,614,310
66$2,302,006$930,060$688,046$1,718,467
67$2,501,935$940,757$676,220$1,832,168
68$2,721,158$950,880$662,899$1,956,384
69$2,961,609$960,366$647,999$2,092,186
70$3,225,417$969,148$631,431$2,240,755
71$3,514,928$977,155$613,102$2,403,392
72$3,832,725$984,310$592,916$2,581,536
73$4,181,655$990,533$570,770$2,776,771
74$4,564,852$995,738$546,560$2,990,845
75$4,985,771$999,832$520,173$3,225,686
76$5,448,215$1,002,720$491,495$3,483,420
77$5,956,376$1,004,296$460,403$3,766,393
78$6,514,872$1,004,452$426,772$4,077,192
79$7,128,789$1,003,070$390,469$4,418,668
80$7,803,732$1,000,027$351,356$4,793,968
81$8,545,875$995,190$309,288$5,206,560
82$9,362,020$988,421$264,115$5,660,270
83$10,259,663$979,570$215,680$6,159,317
84$11,247,061$968,482$163,818$6,708,352
85$12,333,312$954,989$108,357$7,312,503
86$13,528,441$938,914$49,118$7,977,428
87$14,843,493$920,072$0$8,709,361
88$16,290,638$898,264$0$9,519,241
89$17,883,284$873,280$0$10,425,952
90$19,636,207$844,898$0$11,423,745
91$21,565,685$812,884$0$12,521,898
92$23,689,658$776,988$0$13,730,634
93$26,027,891$736,948$0$15,061,222
94$28,602,163$692,486$0$16,526,080
95$31,436,473$643,307$0$18,138,894
96$34,557,265$589,100$0$19,914,750
97$37,993,677$529,537$0$21,870,272
98$41,777,817$464,270$0$24,023,783
99$45,945,066$392,931$0$26,395,474
100$50,534,411$315,132$0$29,007,602