Can I retire at age 52 with 697,000?

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 $697,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$57,558$57,045$56,545$56,056$55,580$53,501
2 years$28,494$27,963$27,449$26,950$26,467$24,396
3 years$18,807$18,274$17,761$17,267$16,791$14,795
4 years$13,965$13,434$12,926$12,440$11,976$10,068
5 years$11,060$10,532$10,031$9,555$9,104$7,289
6 years$9,124$8,600$8,106$7,641$7,204$5,484
7 years$7,742$7,222$6,736$6,282$5,858$4,233
8 years$6,706$6,191$5,713$5,270$4,860$3,327
9 years$5,901$5,390$4,921$4,489$4,093$2,651
10 years$5,257$4,751$4,290$3,870$3,487$2,133
11 years$4,730$4,230$3,777$3,368$2,999$1,730
12 years$4,291$3,796$3,352$2,954$2,599$1,412
13 years$3,921$3,431$2,995$2,608$2,266$1,158
14 years$3,603$3,119$2,691$2,315$1,987$953
15 years$3,328$2,849$2,429$2,065$1,749$787
16 years$3,088$2,614$2,203$1,849$1,546$652
17 years$2,876$2,407$2,004$1,661$1,371$541
18 years$2,688$2,224$1,830$1,497$1,219$450
19 years$2,520$2,062$1,675$1,353$1,086$374
20 years$2,369$1,916$1,537$1,225$970$312
21 years$2,232$1,784$1,414$1,112$868$260
22 years$2,108$1,666$1,303$1,011$778$217
23 years$1,995$1,558$1,203$921$699$181
24 years$1,892$1,460$1,113$840$628$152
25 years$1,797$1,370$1,031$767$565$127
26 years$1,709$1,287$956$701$509$106
27 years$1,628$1,212$888$642$459$89
28 years$1,553$1,142$825$588$414$74
29 years$1,484$1,077$768$539$374$62
30 years$1,419$1,017$715$495$338$52
31 years$1,358$962$667$454$305$44
32 years$1,301$910$622$418$276$37
33 years$1,248$862$581$384$250$31
34 years$1,198$817$543$353$226$26
35 years$1,151$775$507$325$205$21
36 years$1,107$735$475$300$186$18
37 years$1,065$698$444$276$168$15
38 years$1,026$664$416$254$153$13
39 years$988$631$390$235$138$11
40 years$953$600$365$216$126$9
41 years$919$571$343$200$114$7
42 years$887$544$321$184$103$6
43 years$857$519$302$170$94$5
44 years$828$494$283$157$85$4
45 years$801$471$266$145$77$4
46 years$774$450$250$134$70$3
47 years$749$429$235$124$64$3
48 years$725$410$220$114$58$2
49 years$702$391$207$106$53$2
50 years$681$374$195$98$48$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $697,000, adding $6,516 every year, while hoping to spend $42,487 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: 61/12/27 Blend
51$697,000$697,000$697,000$697,000
52$774,815$737,874$727,071$816,097
53$808,641$728,824$706,222$835,884
54$844,492$717,907$683,250$852,309
55$882,532$704,986$658,041$869,333
56$922,936$689,916$630,471$887,020
57$965,899$672,545$600,415$905,448
58$1,011,632$652,711$567,741$924,700
59$1,060,367$630,243$532,308$944,873
60$1,112,358$604,958$493,974$966,075
61$1,167,882$576,665$452,586$988,426
62$1,227,245$545,161$407,987$1,012,060
63$1,290,781$510,230$360,011$1,037,131
64$1,358,855$471,646$308,486$1,063,807
65$1,431,870$429,169$253,232$1,092,279
66$1,510,267$382,544$194,061$1,122,757
67$1,594,529$331,503$130,777$1,155,480
68$1,685,187$275,763$63,175$1,190,711
69$1,782,825$215,025$0$1,228,746
70$1,888,084$148,971$0$1,272,496
71$2,001,666$77,268$0$1,339,336
72$2,124,344$0$0$1,411,519
73$2,256,969$0$0$1,489,627
74$2,400,475$0$0$1,585,227
75$2,555,886$0$0$1,688,802
76$2,724,332$0$0$1,801,111
77$2,907,053$0$0$1,922,988
78$3,105,415$0$0$2,055,348
79$3,320,917$0$0$2,199,199
80$3,555,212$0$0$2,355,651
81$3,810,114$0$0$2,525,923
82$4,087,623$0$0$2,711,358
83$4,389,938$0$0$2,913,433
84$4,719,478$0$0$3,133,773
85$5,078,907$0$0$3,374,167
86$5,471,156$0$0$3,636,586
87$5,899,451$0$0$3,923,196
88$6,367,345$0$0$4,236,384
89$6,878,749$0$0$4,578,777
90$7,437,966$0$0$4,953,269
91$8,049,737$0$0$5,363,043
92$8,719,282$0$0$5,811,608
93$9,452,347$0$0$6,302,824
94$10,255,261$0$0$6,840,945
95$11,134,994$0$0$7,430,654
96$12,099,221$0$0$8,077,110
97$13,156,395$0$0$8,785,992
98$14,315,827$0$0$9,563,559
99$15,587,773$0$0$10,416,702
100$16,983,526$0$0$11,353,011