Can I retire at age 52 with 688,000?

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 $688,000?

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 years$56,814$56,308$55,815$55,333$54,862$54,631
2 years$28,126$27,602$27,094$26,602$26,125$25,891
3 years$18,564$18,038$17,532$17,044$16,575$16,346
4 years$13,785$13,260$12,759$12,279$11,821$11,600
5 years$10,917$10,396$9,901$9,432$8,986$8,772
6 years$9,007$8,489$8,002$7,543$7,111$6,904
7 years$7,642$7,129$6,649$6,201$5,783$5,584
8 years$6,619$6,111$5,639$5,202$4,797$4,607
9 years$5,824$5,321$4,857$4,431$4,040$3,857
10 years$5,189$4,690$4,235$3,820$3,442$3,267
11 years$4,669$4,175$3,728$3,324$2,961$2,793
12 years$4,236$3,747$3,309$2,916$2,566$2,405
13 years$3,870$3,387$2,956$2,574$2,237$2,084
14 years$3,557$3,078$2,656$2,285$1,961$1,815
15 years$3,285$2,812$2,398$2,038$1,727$1,588
16 years$3,048$2,580$2,174$1,825$1,526$1,394
17 years$2,839$2,376$1,978$1,639$1,353$1,228
18 years$2,653$2,196$1,806$1,477$1,203$1,084
19 years$2,487$2,035$1,653$1,335$1,072$959
20 years$2,338$1,891$1,517$1,209$958$851
21 years$2,204$1,761$1,396$1,097$857$756
22 years$2,081$1,644$1,286$998$768$673
23 years$1,970$1,538$1,188$909$690$599
24 years$1,868$1,441$1,098$829$620$535
25 years$1,774$1,352$1,017$757$558$477
26 years$1,687$1,271$944$692$502$427
27 years$1,607$1,196$876$633$453$382
28 years$1,533$1,127$814$580$409$342
29 years$1,465$1,063$758$532$369$306
30 years$1,400$1,004$706$488$334$274
31 years$1,341$949$658$449$302$246
32 years$1,285$898$614$412$273$221
33 years$1,232$850$573$379$247$198
34 years$1,183$806$536$349$223$178
35 years$1,136$765$501$321$202$160
36 years$1,093$726$469$296$183$144
37 years$1,051$689$439$272$166$129
38 years$1,012$655$411$251$151$116
39 years$976$623$385$232$137$104
40 years$941$593$361$214$124$94
41 years$907$564$338$197$112$84
42 years$876$537$317$182$102$76
43 years$846$512$298$168$93$68
44 years$817$488$279$155$84$62
45 years$790$465$262$143$76$55
46 years$764$444$246$132$69$50
47 years$740$424$232$122$63$45
48 years$716$404$218$113$57$40
49 years$693$386$204$104$52$36
50 years$672$369$192$96$47$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $688,000, adding $4,216 every year, while hoping to spend $35,434 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: 54/23/23 Blend
51$688,000$688,000$688,000$688,000
52$762,525$726,061$715,397$798,671
53$802,601$723,936$701,661$821,856
54$845,577$720,520$686,278$843,037
55$891,712$715,711$669,154$865,351
56$941,289$709,404$650,193$888,918
57$994,619$701,483$629,293$913,872
58$1,052,045$691,830$606,349$940,361
59$1,113,941$680,318$581,249$968,553
60$1,180,720$666,810$553,878$998,633
61$1,252,835$651,166$524,115$1,030,807
62$1,330,784$633,232$491,832$1,065,305
63$1,415,113$612,850$456,898$1,102,382
64$1,506,425$589,850$419,174$1,142,324
65$1,605,380$564,053$378,517$1,185,445
66$1,712,705$535,268$334,774$1,232,097
67$1,829,201$503,295$287,788$1,282,670
68$1,955,745$467,923$237,395$1,337,596
69$2,093,306$428,926$183,422$1,397,358
70$2,242,948$386,068$125,691$1,462,488
71$2,405,841$339,097$64,014$1,533,578
72$2,583,273$287,750$0$1,611,284
73$2,776,663$231,746$0$1,696,777
74$2,987,570$170,789$0$1,807,216
75$3,217,712$104,567$0$1,927,818
76$3,468,979$32,751$0$2,059,631
77$3,743,452$0$0$2,203,806
78$4,043,420$0$0$2,373,010
79$4,371,407$0$0$2,567,145
80$4,730,189$0$0$2,779,571
81$5,122,822$0$0$3,012,109
82$5,552,674$0$0$3,266,759
83$6,023,452$0$0$3,545,727
84$6,539,238$0$0$3,851,442
85$7,104,528$0$0$4,186,577
86$7,724,273$0$0$4,554,078
87$8,403,928$0$0$4,957,188
88$9,149,498$0$0$5,399,482
89$9,967,600$0$0$5,884,894
90$10,865,522$0$0$6,417,761
91$11,851,290$0$0$7,002,857
92$12,933,747$0$0$7,645,443
93$14,122,634$0$0$8,351,314
94$15,428,682$0$0$9,126,854
95$16,863,711$0$0$9,979,096
96$18,440,743$0$0$10,915,787
97$20,174,127$0$0$11,945,464
98$22,079,667$0$0$13,077,531
99$24,174,777$0$0$14,322,348
100$26,478,643$0$0$15,691,329