Can I retire at age 52 with 698,000?

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 $698,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$57,640$57,127$56,626$56,137$55,660$55,170
2 years$28,535$28,003$27,488$26,989$26,505$26,011
3 years$18,834$18,300$17,787$17,292$16,816$16,334
4 years$13,985$13,453$12,944$12,458$11,993$11,527
5 years$11,076$10,547$10,045$9,569$9,117$8,667
6 years$9,137$8,613$8,118$7,652$7,214$6,781
7 years$7,753$7,233$6,746$6,291$5,867$5,452
8 years$6,716$6,200$5,721$5,278$4,867$4,469
9 years$5,909$5,398$4,928$4,495$4,099$3,718
10 years$5,264$4,758$4,296$3,875$3,492$3,129
11 years$4,737$4,236$3,782$3,373$3,004$2,657
12 years$4,298$3,802$3,357$2,958$2,603$2,272
13 years$3,926$3,436$2,999$2,612$2,270$1,955
14 years$3,608$3,123$2,695$2,318$1,990$1,691
15 years$3,333$2,853$2,433$2,067$1,752$1,468
16 years$3,092$2,618$2,206$1,851$1,548$1,279
17 years$2,880$2,411$2,007$1,663$1,373$1,118
18 years$2,692$2,228$1,832$1,499$1,221$980
19 years$2,524$2,064$1,677$1,354$1,088$860
20 years$2,372$1,918$1,539$1,227$972$757
21 years$2,236$1,787$1,416$1,113$870$667
22 years$2,111$1,668$1,305$1,012$780$589
23 years$1,998$1,560$1,205$922$700$520
24 years$1,895$1,462$1,114$841$629$460
25 years$1,800$1,372$1,032$768$566$407
26 years$1,712$1,289$957$702$510$361
27 years$1,631$1,213$889$643$460$320
28 years$1,556$1,143$826$589$415$284
29 years$1,486$1,079$769$540$374$252
30 years$1,421$1,019$716$496$338$224
31 years$1,360$963$668$455$306$199
32 years$1,303$911$623$418$277$177
33 years$1,250$863$582$385$250$158
34 years$1,200$818$544$354$227$140
35 years$1,153$776$508$326$205$125
36 years$1,109$736$475$300$186$111
37 years$1,067$699$445$276$169$99
38 years$1,027$664$417$255$153$88
39 years$990$632$390$235$139$79
40 years$954$601$366$217$126$70
41 years$921$572$343$200$114$62
42 years$889$545$322$185$104$56
43 years$858$519$302$170$94$50
44 years$829$495$283$157$85$44
45 years$802$472$266$145$77$39
46 years$775$450$250$134$70$35
47 years$750$430$235$124$64$31
48 years$726$410$221$115$58$28
49 years$703$392$207$106$53$25
50 years$681$374$195$98$48$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $698,000, adding $5,907 every year, while hoping to spend $29,072 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: 34/43/23 Blend
51$698,000$698,000$698,000$698,000
52$775,289$738,295$727,476$796,046
53$823,436$743,539$720,914$817,241
54$875,520$748,066$713,158$837,016
55$931,911$751,809$704,137$857,752
56$993,018$754,699$693,777$879,555
57$1,059,287$756,662$682,001$902,538
58$1,131,214$757,617$668,727$926,833
59$1,209,339$757,482$653,870$952,585
60$1,294,259$756,166$637,342$979,955
61$1,386,630$753,575$619,050$1,009,124
62$1,487,175$749,608$598,897$1,040,296
63$1,596,687$744,159$576,780$1,073,694
64$1,716,040$737,114$552,593$1,109,571
65$1,846,197$728,354$526,226$1,148,206
66$1,988,216$717,750$497,562$1,189,911
67$2,143,263$705,169$466,479$1,235,033
68$2,312,621$690,467$432,851$1,283,958
69$2,497,702$673,493$396,545$1,337,116
70$2,700,060$654,087$357,422$1,394,984
71$2,921,408$632,080$315,338$1,458,093
72$3,163,631$607,291$270,141$1,527,032
73$3,428,804$579,531$221,673$1,602,456
74$3,719,213$548,599$169,770$1,685,091
75$4,037,375$514,282$114,260$1,775,744
76$4,386,062$476,356$54,962$1,875,310
77$4,768,326$434,584$0$1,984,780
78$5,187,530$388,713$0$2,107,297
79$5,647,377$338,479$0$2,256,565
80$6,151,946$283,602$0$2,420,483
81$6,705,731$223,784$0$2,600,601
82$7,313,679$158,713$0$2,798,630
83$7,981,243$88,058$0$3,016,466
84$8,714,427$11,471$0$3,256,199
85$9,519,848$0$0$3,520,141
86$10,404,794$0$0$3,844,641
87$11,377,292$0$0$4,207,321
88$12,446,188$0$0$4,606,066
89$13,621,227$0$0$5,044,526
90$14,913,143$0$0$5,526,720
91$16,333,766$0$0$6,057,079
92$17,896,126$0$0$6,640,484
93$19,614,580$0$0$7,282,313
94$21,504,948$0$0$7,988,489
95$23,584,658$0$0$8,765,542
96$25,872,914$0$0$9,620,664
97$28,390,875$0$0$10,561,782
98$31,161,854$0$0$11,597,627
99$34,211,539$0$0$12,737,823
100$37,568,233$0$0$13,992,972