Can I retire at age 52 with 689,000?

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 $689,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$56,897$56,390$55,896$55,413$54,942$53,745
2 years$28,167$27,642$27,134$26,641$26,163$24,963
3 years$18,591$18,065$17,557$17,069$16,599$15,433
4 years$13,805$13,279$12,777$12,297$11,838$10,716
5 years$10,933$10,411$9,916$9,446$8,999$7,924
6 years$9,020$8,501$8,013$7,554$7,121$6,093
7 years$7,653$7,140$6,659$6,210$5,791$4,812
8 years$6,629$6,120$5,647$5,210$4,804$3,872
9 years$5,833$5,328$4,864$4,437$4,046$3,161
10 years$5,196$4,697$4,241$3,825$3,447$2,609
11 years$4,676$4,181$3,733$3,329$2,965$2,171
12 years$4,242$3,753$3,313$2,920$2,569$1,819
13 years$3,876$3,392$2,960$2,578$2,240$1,533
14 years$3,562$3,083$2,660$2,288$1,964$1,297
15 years$3,290$2,816$2,401$2,041$1,729$1,102
16 years$3,053$2,584$2,177$1,827$1,528$939
17 years$2,843$2,380$1,981$1,642$1,355$802
18 years$2,657$2,199$1,809$1,480$1,205$687
19 years$2,491$2,038$1,656$1,337$1,074$589
20 years$2,342$1,894$1,519$1,211$959$506
21 years$2,207$1,764$1,398$1,099$858$436
22 years$2,084$1,647$1,288$999$769$375
23 years$1,973$1,540$1,189$910$691$323
24 years$1,870$1,443$1,100$830$621$279
25 years$1,776$1,354$1,019$758$559$241
26 years$1,690$1,273$945$693$503$208
27 years$1,610$1,198$877$634$454$180
28 years$1,536$1,129$816$581$409$156
29 years$1,467$1,065$759$533$370$135
30 years$1,403$1,005$707$489$334$116
31 years$1,343$950$659$449$302$101
32 years$1,286$899$615$413$273$87
33 years$1,234$852$574$380$247$76
34 years$1,185$807$537$349$224$66
35 years$1,138$766$502$322$203$57
36 years$1,094$727$469$296$184$49
37 years$1,053$690$439$273$166$43
38 years$1,014$656$411$252$151$37
39 years$977$624$385$232$137$32
40 years$942$593$361$214$124$28
41 years$909$565$339$197$113$24
42 years$877$538$318$182$102$21
43 years$847$513$298$168$93$18
44 years$819$489$280$155$84$16
45 years$791$466$263$143$76$14
46 years$765$444$247$132$69$12
47 years$741$424$232$122$63$10
48 years$717$405$218$113$57$9
49 years$694$387$205$104$52$8
50 years$673$369$193$97$47$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $689,000, adding $3,444 every year, while hoping to spend $21,727 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: 57/34/9 Blend
51$689,000$689,000$689,000$689,000
52$762,830$726,313$715,634$804,500
53$817,522$738,785$716,490$845,457
54$877,064$751,140$716,647$887,335
55$941,927$763,350$716,058$932,437
56$1,012,632$775,382$714,675$981,072
57$1,089,750$787,205$712,446$1,033,585
58$1,173,910$798,783$709,317$1,090,351
59$1,265,803$810,078$705,234$1,151,788
60$1,366,192$821,050$700,137$1,218,354
61$1,475,917$831,654$693,964$1,290,554
62$1,595,900$841,844$686,652$1,368,948
63$1,727,158$851,571$678,131$1,454,148
64$1,870,812$860,782$668,332$1,546,834
65$2,028,095$869,420$657,181$1,647,752
66$2,200,363$877,425$644,600$1,757,728
67$2,389,113$884,732$630,507$1,877,670
68$2,595,992$891,272$614,818$2,008,579
69$2,822,813$896,974$597,444$2,151,562
70$3,071,573$901,760$578,292$2,307,837
71$3,344,473$905,546$557,264$2,478,747
72$3,643,937$908,244$534,260$2,665,774
73$3,972,633$909,763$509,172$2,870,551
74$4,333,502$910,001$481,889$3,094,880
75$4,729,782$908,855$452,296$3,340,747
76$5,165,043$906,212$420,271$3,610,342
77$5,643,215$901,953$385,687$3,906,081
78$6,168,626$895,953$348,412$4,230,625
79$6,746,049$888,078$308,306$4,586,911
80$7,380,738$878,185$265,226$4,978,176
81$8,078,483$866,126$219,021$5,407,990
82$8,845,662$851,740$169,532$5,880,287
83$9,689,304$834,860$116,596$6,399,407
84$10,617,151$815,305$60,040$6,970,133
85$11,637,733$792,889$0$7,597,741
86$12,760,451$767,409$0$8,288,076
87$13,995,659$738,654$0$9,053,673
88$15,354,768$706,400$0$9,895,848
89$16,850,350$670,409$0$10,822,414
90$18,496,257$630,431$0$11,841,982
91$20,307,753$586,200$0$12,964,044
92$22,301,656$537,435$0$14,199,066
93$24,496,495$483,840$0$15,558,580
94$26,912,690$425,100$0$17,055,300
95$29,572,740$360,886$0$18,703,242
96$32,501,436$290,846$0$20,517,852
97$35,726,096$214,611$0$22,516,157
98$39,276,821$131,790$0$24,716,927
99$43,186,779$41,970$0$27,140,849
100$47,492,521$0$0$29,810,725