Can I retire at age 52 with 656,000?

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 $656,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$54,172$53,689$53,219$52,759$52,310$50,235
2 years$26,818$26,318$25,834$25,365$24,910$22,844
3 years$17,701$17,199$16,716$16,252$15,804$13,814
4 years$13,143$12,643$12,165$11,708$11,271$9,372
5 years$10,410$9,913$9,441$8,993$8,568$6,764
6 years$8,588$8,094$7,630$7,192$6,780$5,072
7 years$7,287$6,798$6,340$5,913$5,514$3,901
8 years$6,312$5,827$5,377$4,960$4,574$3,056
9 years$5,553$5,073$4,631$4,225$3,852$2,426
10 years$4,947$4,472$4,038$3,642$3,282$1,945
11 years$4,452$3,981$3,555$3,170$2,823$1,571
12 years$4,039$3,573$3,155$2,780$2,446$1,277
13 years$3,690$3,229$2,818$2,454$2,133$1,043
14 years$3,391$2,935$2,532$2,179$1,870$855
15 years$3,133$2,681$2,286$1,943$1,646$703
16 years$2,906$2,460$2,073$1,740$1,455$580
17 years$2,707$2,266$1,886$1,563$1,290$479
18 years$2,530$2,094$1,722$1,409$1,147$396
19 years$2,372$1,940$1,576$1,273$1,023$328
20 years$2,230$1,803$1,447$1,153$913$272
21 years$2,101$1,679$1,331$1,046$817$226
22 years$1,984$1,568$1,226$951$733$188
23 years$1,878$1,466$1,132$866$658$156
24 years$1,781$1,374$1,047$790$591$130
25 years$1,691$1,289$970$722$532$108
26 years$1,609$1,212$900$660$479$90
27 years$1,533$1,140$835$604$432$75
28 years$1,462$1,074$777$553$390$62
29 years$1,396$1,014$723$507$352$52
30 years$1,335$957$673$466$318$43
31 years$1,278$905$628$428$288$36
32 years$1,225$856$586$393$260$30
33 years$1,175$811$547$361$235$25
34 years$1,128$769$511$333$213$21
35 years$1,084$729$478$306$193$17
36 years$1,042$692$447$282$175$15
37 years$1,003$657$418$260$158$12
38 years$965$625$392$239$144$10
39 years$930$594$367$221$130$8
40 years$897$565$344$204$118$7
41 years$865$538$322$188$107$6
42 years$835$512$302$173$97$5
43 years$807$488$284$160$88$4
44 years$779$465$266$148$80$3
45 years$754$444$250$137$73$3
46 years$729$423$235$126$66$2
47 years$705$404$221$116$60$2
48 years$683$386$207$108$54$2
49 years$661$368$195$99$49$1
50 years$640$352$183$92$45$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $656,000, adding $3,347 every year, while hoping to spend $33,934 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: 50/44/6 Blend
51$656,000$656,000$656,000$656,000
52$726,364$691,596$681,428$761,438
53$764,348$689,379$668,151$783,470
54$805,069$685,916$653,291$803,472
55$848,770$681,110$636,760$824,395
56$895,718$674,858$618,466$846,334
57$946,207$667,052$598,310$869,394
58$1,000,558$657,575$576,191$893,692
59$1,059,125$646,307$552,004$919,360
60$1,122,296$633,116$525,636$946,546
61$1,190,498$617,866$496,972$975,414
62$1,264,198$600,410$465,890$1,006,148
63$1,343,912$580,596$432,263$1,038,952
64$1,430,206$558,261$395,959$1,074,055
65$1,523,702$533,231$356,839$1,111,712
66$1,625,085$505,324$314,758$1,152,207
67$1,735,107$474,348$269,566$1,195,856
68$1,854,595$440,099$221,104$1,243,012
69$1,984,460$402,360$169,207$1,294,066
70$2,125,704$360,904$113,704$1,349,454
71$2,279,427$315,490$54,414$1,409,661
72$2,446,842$265,862$0$1,475,226
73$2,629,284$211,753$0$1,547,315
74$2,828,219$152,878$0$1,629,781
75$3,045,265$88,936$0$1,719,888
76$3,282,199$19,612$0$1,818,469
77$3,540,980$0$0$1,926,450
78$3,823,762$0$0$2,071,692
79$4,132,918$0$0$2,240,928
80$4,471,061$0$0$2,426,101
81$4,841,067$0$0$2,628,795
82$5,246,103$0$0$2,850,753
83$5,689,657$0$0$3,093,896
84$6,175,570$0$0$3,360,339
85$6,708,072$0$0$3,652,412
86$7,291,820$0$0$3,972,680
87$7,931,946$0$0$4,323,968
88$8,634,099$0$0$4,709,389
89$9,404,505$0$0$5,132,370
90$10,250,019$0$0$5,596,689
91$11,178,192$0$0$6,106,503
92$12,197,343$0$0$6,666,396
93$13,316,636$0$0$7,281,414
94$14,546,163$0$0$7,957,119
95$15,897,046$0$0$8,699,634
96$17,381,536$0$0$9,515,709
97$19,013,127$0$0$10,412,778
98$20,806,689$0$0$11,399,032
99$22,778,602$0$0$12,483,494
100$24,946,914$0$0$13,676,107