Can I retire at age 52 with 708,000?

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 $708,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$58,466$57,945$57,437$56,941$56,457$54,958
2 years$28,944$28,405$27,882$27,376$26,884$25,385
3 years$19,104$18,563$18,042$17,540$17,056$15,603
4 years$14,185$13,646$13,130$12,636$12,165$10,769
5 years$11,235$10,698$10,189$9,706$9,248$7,913
6 years$9,268$8,736$8,234$7,762$7,317$6,045
7 years$7,864$7,336$6,843$6,382$5,951$4,741
8 years$6,812$6,289$5,803$5,353$4,937$3,789
9 years$5,994$5,475$4,998$4,560$4,158$3,071
10 years$5,339$4,826$4,358$3,931$3,542$2,515
11 years$4,805$4,297$3,836$3,421$3,047$2,077
12 years$4,359$3,856$3,405$3,001$2,640$1,727
13 years$3,983$3,485$3,042$2,649$2,302$1,444
14 years$3,660$3,168$2,733$2,351$2,018$1,212
15 years$3,381$2,894$2,468$2,097$1,777$1,021
16 years$3,137$2,655$2,237$1,878$1,570$863
17 years$2,922$2,445$2,036$1,687$1,392$731
18 years$2,730$2,259$1,858$1,520$1,238$620
19 years$2,560$2,094$1,701$1,374$1,104$527
20 years$2,406$1,946$1,561$1,244$986$449
21 years$2,268$1,813$1,436$1,129$882$382
22 years$2,142$1,692$1,324$1,027$791$326
23 years$2,027$1,582$1,222$935$710$279
24 years$1,922$1,483$1,130$853$638$238
25 years$1,825$1,391$1,047$779$574$204
26 years$1,736$1,308$971$712$517$174
27 years$1,654$1,231$902$652$466$149
28 years$1,578$1,160$838$597$421$128
29 years$1,507$1,094$780$548$380$109
30 years$1,441$1,033$727$503$343$94
31 years$1,380$977$677$462$310$80
32 years$1,322$924$632$424$281$69
33 years$1,268$875$590$390$254$59
34 years$1,217$829$551$359$230$51
35 years$1,169$787$515$330$208$43
36 years$1,124$747$482$304$189$37
37 years$1,082$709$451$280$171$32
38 years$1,042$674$423$258$155$27
39 years$1,004$641$396$238$141$24
40 years$968$610$371$220$128$20
41 years$934$580$348$203$116$17
42 years$901$553$326$187$105$15
43 years$871$527$306$173$95$13
44 years$841$502$288$160$87$11
45 years$813$479$270$147$79$9
46 years$787$457$254$136$71$8
47 years$761$436$238$126$65$7
48 years$737$416$224$116$59$6
49 years$714$397$210$107$53$5
50 years$691$380$198$99$49$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $708,000, adding $5,121 every year, while hoping to spend $28,458 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: 62/13/25 Blend
51$708,000$708,000$708,000$708,000
52$785,498$747,974$737,000$828,696
53$835,340$754,346$731,411$864,947
54$889,312$760,076$724,680$900,940
55$947,805$765,103$716,740$939,616
56$1,011,249$769,362$707,519$981,241
57$1,080,119$772,782$696,943$1,026,110
58$1,154,933$775,290$684,932$1,074,549
59$1,236,264$776,807$671,406$1,126,917
60$1,324,742$777,250$656,277$1,183,610
61$1,421,060$776,530$639,457$1,245,066
62$1,525,980$774,551$620,850$1,311,770
63$1,640,341$771,215$600,360$1,384,255
64$1,765,066$766,415$577,882$1,463,111
65$1,901,171$760,038$553,310$1,548,990
66$2,049,776$751,965$526,531$1,642,610
67$2,212,110$742,069$497,427$1,744,766
68$2,389,530$730,215$465,876$1,856,333
69$2,583,529$716,262$431,749$1,978,279
70$2,795,749$700,059$394,912$2,111,670
71$3,027,999$681,446$355,226$2,257,687
72$3,282,271$660,253$312,542$2,417,628
73$3,560,761$636,303$266,710$2,592,929
74$3,865,882$609,406$217,569$2,785,173
75$4,200,297$579,362$164,952$2,996,110
76$4,566,935$545,958$108,686$3,227,665
77$4,969,023$508,971$48,588$3,481,968
78$5,410,117$468,164$0$3,761,366
79$5,894,131$423,286$0$4,072,596
80$6,425,378$374,073$0$4,428,469
81$7,008,610$320,245$0$4,819,218
82$7,649,057$261,507$0$5,248,377
83$8,352,486$197,546$0$5,719,843
84$9,125,246$128,032$0$6,237,907
85$9,974,334$52,618$0$6,807,303
86$10,907,454$0$0$7,433,246
87$11,933,099$0$0$8,125,639
88$13,060,622$0$0$8,895,141
89$14,300,328$0$0$9,741,263
90$15,663,571$0$0$10,671,763
91$17,162,861$0$0$11,695,185
92$18,811,978$0$0$12,820,946
93$20,626,108$0$0$14,059,420
94$22,621,981$0$0$15,422,036
95$24,818,032$0$0$16,921,388
96$27,234,572$0$0$18,571,353
97$29,893,979$0$0$20,387,220
98$32,820,912$0$0$22,385,835
99$36,042,541$0$0$24,585,761
100$39,588,805$0$0$27,007,452