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%
1 years$57,805$57,290$56,788$56,298$55,819$54,670
2 years$28,617$28,084$27,567$27,066$26,580$25,428
3 years$18,888$18,353$17,838$17,342$16,864$15,744
4 years$14,025$13,491$12,981$12,494$12,027$10,948
5 years$11,108$10,577$10,074$9,596$9,143$8,108
6 years$9,164$8,637$8,141$7,674$7,235$6,245
7 years$7,776$7,254$6,765$6,309$5,884$4,940
8 years$6,735$6,218$5,738$5,293$4,881$3,983
9 years$5,926$5,414$4,942$4,508$4,111$3,257
10 years$5,279$4,772$4,308$3,886$3,502$2,693
11 years$4,750$4,248$3,793$3,382$3,012$2,245
12 years$4,310$3,813$3,366$2,967$2,610$1,885
13 years$3,938$3,446$3,008$2,619$2,276$1,591
14 years$3,619$3,132$2,702$2,325$1,995$1,350
15 years$3,343$2,861$2,440$2,073$1,757$1,149
16 years$3,101$2,625$2,212$1,857$1,553$981
17 years$2,889$2,418$2,013$1,668$1,377$840
18 years$2,700$2,234$1,837$1,503$1,224$721
19 years$2,531$2,070$1,682$1,358$1,091$620
20 years$2,379$1,924$1,544$1,230$975$534
21 years$2,242$1,792$1,420$1,117$872$460
22 years$2,117$1,673$1,309$1,015$782$397
23 years$2,004$1,565$1,208$925$702$343
24 years$1,900$1,466$1,118$843$631$297
25 years$1,805$1,376$1,035$770$568$257
26 years$1,717$1,293$960$704$511$222
27 years$1,635$1,217$891$645$461$193
28 years$1,560$1,147$829$591$416$167
29 years$1,490$1,082$771$542$376$145
30 years$1,425$1,021$718$497$339$126
31 years$1,364$966$670$456$307$109
32 years$1,307$914$625$419$278$95
33 years$1,254$865$583$386$251$82
34 years$1,203$820$545$355$227$71
35 years$1,156$778$510$327$206$62
36 years$1,112$738$477$301$187$54
37 years$1,070$701$446$277$169$47
38 years$1,030$666$418$256$153$41
39 years$993$634$391$236$139$35
40 years$957$603$367$217$126$31
41 years$923$574$344$201$114$27
42 years$891$547$323$185$104$23
43 years$861$521$303$171$94$20
44 years$832$496$284$158$86$18
45 years$804$473$267$146$78$15
46 years$778$452$251$135$70$13
47 years$753$431$236$124$64$12
48 years$728$411$221$115$58$10
49 years$705$393$208$106$53$9
50 years$683$375$196$98$48$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $700,000, adding $2,917 every year, while hoping to spend $32,335 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: 23/49/28 Blend
51$700,000$700,000$700,000$700,000
52$774,409$737,309$726,459$785,317
53$818,994$739,033$716,391$796,718
54$867,044$739,758$704,902$806,006
55$918,877$739,400$691,911$815,264
56$974,843$737,872$677,331$824,510
57$1,035,329$735,079$661,073$833,768
58$1,100,757$730,923$643,044$843,068
59$1,171,594$725,297$623,145$852,444
60$1,248,350$718,091$601,275$861,940
61$1,331,590$709,185$577,325$871,606
62$1,421,930$698,453$551,184$881,502
63$1,520,053$685,763$522,734$891,698
64$1,626,706$670,974$491,854$902,276
65$1,742,714$653,935$458,415$913,331
66$1,868,982$634,489$422,283$924,974
67$2,006,508$612,469$383,319$937,329
68$2,156,388$587,696$341,377$950,542
69$2,319,831$559,984$296,303$964,779
70$2,498,164$529,134$247,940$980,228
71$2,692,852$494,937$196,121$997,104
72$2,905,503$457,169$140,672$1,015,652
73$3,137,892$415,598$81,411$1,036,147
74$3,391,969$369,974$18,151$1,058,903
75$3,669,883$320,036$0$1,084,271
76$3,974,000$265,507$0$1,127,397
77$4,306,926$206,094$0$1,180,728
78$4,671,529$141,489$0$1,239,402
79$5,070,968$71,365$0$1,304,052
80$5,508,722$0$0$1,375,383
81$5,988,624$0$0$1,456,669
82$6,514,893$0$0$1,588,130
83$7,092,178$0$0$1,732,459
84$7,725,598$0$0$1,890,955
85$8,420,792$0$0$2,065,042
86$9,183,972$0$0$2,256,295
87$10,021,981$0$0$2,466,446
88$10,942,355$0$0$2,697,401
89$11,953,400$0$0$2,951,265
90$13,064,261$0$0$3,230,353
91$14,285,015$0$0$3,537,217
92$15,626,765$0$0$3,874,667
93$17,101,740$0$0$4,245,803
94$18,723,416$0$0$4,654,036
95$20,506,638$0$0$5,103,125
96$22,467,762$0$0$5,597,216
97$24,624,808$0$0$6,140,870
98$26,997,630$0$0$6,739,119
99$29,608,105$0$0$7,397,503
100$32,480,335$0$0$8,122,129