Can I retire at age 52 with 695,000?

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 $695,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$57,392$56,881$56,382$55,896$55,420$55,071
2 years$28,412$27,883$27,370$26,873$26,391$26,038
3 years$18,753$18,222$17,710$17,218$16,743$16,399
4 years$13,925$13,395$12,889$12,404$11,941$11,608
5 years$11,028$10,502$10,002$9,528$9,078$8,755
6 years$9,098$8,576$8,083$7,619$7,183$6,872
7 years$7,720$7,202$6,717$6,264$5,842$5,543
8 years$6,687$6,173$5,697$5,255$4,846$4,560
9 years$5,884$5,375$4,907$4,476$4,081$3,807
10 years$5,241$4,738$4,278$3,858$3,477$3,215
11 years$4,716$4,218$3,766$3,358$2,991$2,740
12 years$4,279$3,786$3,342$2,945$2,592$2,352
13 years$3,909$3,421$2,986$2,600$2,260$2,032
14 years$3,593$3,110$2,683$2,308$1,981$1,764
15 years$3,319$2,841$2,422$2,059$1,744$1,538
16 years$3,079$2,606$2,196$1,843$1,542$1,346
17 years$2,868$2,400$1,998$1,656$1,367$1,181
18 years$2,680$2,218$1,824$1,493$1,215$1,039
19 years$2,513$2,056$1,670$1,349$1,083$916
20 years$2,362$1,910$1,533$1,221$968$810
21 years$2,226$1,779$1,410$1,109$866$717
22 years$2,102$1,661$1,299$1,008$776$635
23 years$1,990$1,553$1,200$918$697$564
24 years$1,887$1,455$1,110$837$626$501
25 years$1,792$1,366$1,028$765$564$446
26 years$1,705$1,284$953$699$508$397
27 years$1,624$1,208$885$640$458$354
28 years$1,549$1,138$823$586$413$316
29 years$1,479$1,074$766$538$373$282
30 years$1,415$1,014$713$493$337$251
31 years$1,354$959$665$453$305$225
32 years$1,298$907$620$416$276$201
33 years$1,245$859$579$383$249$179
34 years$1,195$814$541$352$226$160
35 years$1,148$772$506$324$204$143
36 years$1,104$733$473$299$185$128
37 years$1,062$696$443$275$168$115
38 years$1,023$662$415$254$152$103
39 years$985$629$389$234$138$92
40 years$950$599$364$216$125$82
41 years$917$570$342$199$114$74
42 years$885$543$320$184$103$66
43 years$855$517$301$170$94$59
44 years$826$493$282$157$85$53
45 years$798$470$265$145$77$48
46 years$772$448$249$134$70$43
47 years$747$428$234$123$64$38
48 years$723$408$220$114$58$34
49 years$700$390$207$105$52$31
50 years$679$373$194$97$48$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $695,000, adding $6,564 every year, while hoping to spend $39,064 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: 63/12/25 Blend
51$695,000$695,000$695,000$695,000
52$772,661$735,826$725,053$815,857
53$809,908$730,317$707,779$840,355
54$849,646$723,230$688,616$862,203
55$892,086$714,445$667,461$885,202
56$937,463$703,836$644,205$909,470
57$986,030$691,270$618,732$935,138
58$1,038,070$676,607$590,924$962,352
59$1,093,888$659,696$560,655$991,275
60$1,153,823$640,379$527,796$1,022,088
61$1,218,245$618,490$492,208$1,054,991
62$1,287,559$593,849$453,751$1,090,207
63$1,362,213$566,271$412,275$1,127,984
64$1,442,697$535,556$367,624$1,168,597
65$1,529,548$501,494$319,635$1,212,352
66$1,623,358$463,864$268,139$1,259,588
67$1,724,778$422,430$212,959$1,310,681
68$1,834,521$376,945$153,909$1,366,047
69$1,953,373$327,147$90,796$1,426,149
70$2,082,198$272,757$23,418$1,491,501
71$2,221,944$213,485$0$1,562,669
72$2,373,657$149,020$0$1,653,218
73$2,538,484$79,036$0$1,758,416
74$2,717,689$3,189$0$1,872,846
75$2,912,662$0$0$1,997,424
76$3,124,932$0$0$2,143,582
77$3,356,181$0$0$2,303,312
78$3,608,262$0$0$2,477,479
79$3,883,212$0$0$2,667,497
80$4,183,274$0$0$2,874,921
81$4,510,919$0$0$3,101,467
82$4,868,862$0$0$3,349,019
83$5,260,098$0$0$3,619,654
84$5,687,920$0$0$3,915,659
85$6,155,956$0$0$4,239,551
86$6,668,199$0$0$4,594,100
87$7,229,047$0$0$4,982,361
88$7,843,344$0$0$5,407,694
89$8,516,422$0$0$5,873,800
90$9,254,156$0$0$6,384,756
91$10,063,014$0$0$6,945,053
92$10,950,121$0$0$7,559,635
93$11,923,324$0$0$8,233,949
94$12,991,267$0$0$8,973,996
95$14,163,471$0$0$9,786,382
96$15,450,423$0$0$10,678,389
97$16,863,676$0$0$11,658,035
98$18,415,956$0$0$12,734,154
99$20,121,283$0$0$13,916,478
100$21,995,100$0$0$15,215,727