Can I retire at age 52 with 700,000?

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 $700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$57,805$57,290$56,788$56,298$55,819$54,536
2 years$28,617$28,084$27,567$27,066$26,580$25,295
3 years$18,888$18,353$17,838$17,342$16,864$15,616
4 years$14,025$13,491$12,981$12,494$12,027$10,827
5 years$11,108$10,577$10,074$9,596$9,143$7,993
6 years$9,164$8,637$8,141$7,674$7,235$6,136
7 years$7,776$7,254$6,765$6,309$5,884$4,837
8 years$6,735$6,218$5,738$5,293$4,881$3,886
9 years$5,926$5,414$4,942$4,508$4,111$3,167
10 years$5,279$4,772$4,308$3,886$3,502$2,608
11 years$4,750$4,248$3,793$3,382$3,012$2,167
12 years$4,310$3,813$3,366$2,967$2,610$1,812
13 years$3,938$3,446$3,008$2,619$2,276$1,524
14 years$3,619$3,132$2,702$2,325$1,995$1,287
15 years$3,343$2,861$2,440$2,073$1,757$1,091
16 years$3,101$2,625$2,212$1,857$1,553$928
17 years$2,889$2,418$2,013$1,668$1,377$791
18 years$2,700$2,234$1,837$1,503$1,224$676
19 years$2,531$2,070$1,682$1,358$1,091$578
20 years$2,379$1,924$1,544$1,230$975$496
21 years$2,242$1,792$1,420$1,117$872$425
22 years$2,117$1,673$1,309$1,015$782$366
23 years$2,004$1,565$1,208$925$702$314
24 years$1,900$1,466$1,118$843$631$271
25 years$1,805$1,376$1,035$770$568$233
26 years$1,717$1,293$960$704$511$201
27 years$1,635$1,217$891$645$461$173
28 years$1,560$1,147$829$591$416$149
29 years$1,490$1,082$771$542$376$129
30 years$1,425$1,021$718$497$339$111
31 years$1,364$966$670$456$307$96
32 years$1,307$914$625$419$278$83
33 years$1,254$865$583$386$251$72
34 years$1,203$820$545$355$227$62
35 years$1,156$778$510$327$206$54
36 years$1,112$738$477$301$187$46
37 years$1,070$701$446$277$169$40
38 years$1,030$666$418$256$153$35
39 years$993$634$391$236$139$30
40 years$957$603$367$217$126$26
41 years$923$574$344$201$114$22
42 years$891$547$323$185$104$19
43 years$861$521$303$171$94$17
44 years$832$496$284$158$86$14
45 years$804$473$267$146$78$13
46 years$778$452$251$135$70$11
47 years$753$431$236$124$64$9
48 years$728$411$221$115$58$8
49 years$705$393$208$106$53$7
50 years$683$375$196$98$48$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $700,000, adding $6,860 every year, while hoping to spend $45,467 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: 67/8/25 Blend
51$700,000$700,000$700,000$700,000
52$778,476$741,376$730,526$825,175
53$809,504$729,327$706,622$845,369
54$842,173$715,164$680,394$861,647
55$876,603$698,734$651,715$878,406
56$912,922$679,879$620,453$895,693
57$951,274$658,427$586,472$913,565
58$991,813$634,198$549,628$932,083
59$1,034,707$607,003$509,770$951,316
60$1,080,141$576,640$466,741$971,344
61$1,128,316$542,896$420,377$992,255
62$1,179,452$505,546$370,507$1,014,149
63$1,233,789$464,350$316,952$1,037,136
64$1,291,590$419,058$259,525$1,061,342
65$1,353,144$369,404$198,031$1,086,907
66$1,418,765$315,105$132,265$1,113,987
67$1,488,800$255,865$62,016$1,142,758
68$1,563,625$191,370$0$1,173,415
69$1,643,656$121,289$0$1,209,632
70$1,729,347$45,270$0$1,266,077
71$1,821,196$0$0$1,326,526
72$1,919,752$0$0$1,394,611
73$2,025,613$0$0$1,472,053
74$2,139,438$0$0$1,555,354
75$2,261,950$0$0$1,645,045
76$2,393,944$0$0$1,741,712
77$2,536,292$0$0$1,845,999
78$2,689,951$0$0$1,958,613
79$2,855,974$0$0$2,080,329
80$3,035,519$0$0$2,212,001
81$3,229,857$0$0$2,354,567
82$3,440,386$0$0$2,509,059
83$3,668,643$0$0$2,676,610
84$3,916,318$0$0$2,858,467
85$4,185,270$0$0$3,056,003
86$4,477,545$0$0$3,270,725
87$4,795,391$0$0$3,504,294
88$5,141,283$0$0$3,758,535
89$5,517,944$0$0$4,035,458
90$5,928,370$0$0$4,337,275
91$6,375,859$0$0$4,666,417
92$6,864,040$0$0$5,025,565
93$7,396,907$0$0$5,417,666
94$7,978,858$0$0$5,845,965
95$8,614,734$0$0$6,314,035
96$9,309,862$0$0$6,825,810
97$10,070,111$0$0$7,385,619
98$10,901,941$0$0$7,998,231
99$11,812,465$0$0$8,668,897
100$12,809,516$0$0$9,403,399