Can I retire at age 52 with 687,000?

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 $687,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$56,732$56,226$55,733$55,252$54,782$54,210
2 years$28,085$27,562$27,055$26,564$26,087$25,511
3 years$18,537$18,012$17,506$17,020$16,551$15,988
4 years$13,764$13,241$12,740$12,262$11,804$11,260
5 years$10,901$10,381$9,887$9,418$8,973$8,449
6 years$8,993$8,477$7,990$7,532$7,100$6,596
7 years$7,631$7,119$6,640$6,192$5,774$5,291
8 years$6,610$6,102$5,631$5,195$4,790$4,328
9 years$5,816$5,313$4,850$4,425$4,034$3,592
10 years$5,181$4,683$4,228$3,814$3,437$3,015
11 years$4,662$4,169$3,723$3,319$2,956$2,554
12 years$4,230$3,742$3,304$2,912$2,562$2,179
13 years$3,864$3,382$2,952$2,570$2,234$1,870
14 years$3,552$3,074$2,652$2,282$1,958$1,613
15 years$3,281$2,808$2,394$2,035$1,724$1,397
16 years$3,044$2,576$2,171$1,822$1,524$1,214
17 years$2,835$2,373$1,975$1,637$1,351$1,058
18 years$2,649$2,192$1,803$1,475$1,201$924
19 years$2,484$2,032$1,651$1,333$1,071$809
20 years$2,335$1,888$1,515$1,207$956$710
21 years$2,200$1,759$1,394$1,096$856$624
22 years$2,078$1,642$1,284$996$767$549
23 years$1,967$1,535$1,186$907$689$484
24 years$1,865$1,439$1,097$828$619$426
25 years$1,771$1,350$1,016$756$557$376
26 years$1,685$1,269$942$691$502$333
27 years$1,605$1,194$875$633$452$294
28 years$1,531$1,125$813$580$408$260
29 years$1,462$1,062$757$531$369$230
30 years$1,398$1,003$705$488$333$204
31 years$1,339$948$657$448$301$181
32 years$1,283$897$613$412$272$160
33 years$1,230$849$573$379$246$142
34 years$1,181$805$535$348$223$126
35 years$1,135$763$500$321$202$112
36 years$1,091$725$468$295$183$99
37 years$1,050$688$438$272$166$88
38 years$1,011$654$410$251$150$78
39 years$974$622$384$231$136$69
40 years$939$592$360$213$124$61
41 years$906$563$338$197$112$55
42 years$875$536$317$182$102$48
43 years$845$511$297$168$92$43
44 years$816$487$279$155$84$38
45 years$789$465$262$143$76$34
46 years$763$443$246$132$69$30
47 years$739$423$231$122$63$27
48 years$715$404$217$113$57$24
49 years$692$386$204$104$52$21
50 years$671$368$192$96$47$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $687,000, adding $2,362 every year, while hoping to spend $29,027 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: 62/12/26 Blend
51$687,000$687,000$687,000$687,000
52$759,510$723,099$712,451$801,205
53$806,096$727,647$705,434$834,314
54$856,460$731,444$697,208$867,068
55$910,958$734,424$687,704$902,203
56$969,980$736,515$676,846$939,955
57$1,033,955$737,640$664,556$980,587
58$1,103,353$737,720$650,754$1,024,390
59$1,178,694$736,667$635,353$1,071,683
60$1,260,547$734,390$618,265$1,122,822
61$1,349,542$730,794$599,395$1,178,197
62$1,446,366$725,774$578,646$1,238,241
63$1,551,781$719,223$555,916$1,303,433
64$1,666,622$711,023$531,098$1,374,298
65$1,791,807$701,054$504,080$1,451,422
66$1,928,350$689,184$474,746$1,535,447
67$2,077,365$675,277$442,972$1,627,085
68$2,240,077$659,187$408,633$1,727,120
69$2,417,837$640,759$371,594$1,836,421
70$2,612,131$619,830$331,717$1,955,944
71$2,824,594$596,227$288,855$2,086,748
72$3,057,028$569,768$242,857$2,229,997
73$3,311,416$540,259$193,565$2,386,982
74$3,589,944$507,494$140,812$2,559,124
75$3,895,015$471,258$84,426$2,747,994
76$4,229,278$431,322$24,226$2,955,322
77$4,595,651$387,443$0$3,183,022
78$4,997,347$339,367$0$3,444,306
79$5,437,902$286,822$0$3,738,294
80$5,921,216$229,524$0$4,060,884
81$6,451,580$167,170$0$4,414,972
82$7,033,722$99,443$0$4,803,747
83$7,672,852$26,006$0$5,230,725
84$8,374,706$0$0$5,699,781
85$9,145,604$0$0$6,222,250
86$9,992,510$0$0$6,800,058
87$10,923,093$0$0$7,435,012
88$11,945,803$0$0$8,132,884
89$13,069,948$0$0$8,900,033
90$14,305,785$0$0$9,743,465
91$15,664,613$0$0$10,670,899
92$17,158,880$0$0$11,690,841
93$18,802,300$0$0$12,812,659
94$20,609,986$0$0$14,046,676
95$22,598,587$0$0$15,404,269
96$24,786,445$0$0$16,897,967
97$27,193,774$0$0$18,541,581
98$29,842,842$0$0$20,350,324
99$32,758,186$0$0$22,340,960
100$35,966,845$0$0$24,531,960