Can I retire at age 52 with 701,000?

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 $701,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$57,888$57,372$56,869$56,378$55,899$54,393
2 years$28,657$28,124$27,606$27,105$26,618$25,112
3 years$18,915$18,379$17,863$17,366$16,888$15,428
4 years$14,045$13,511$13,000$12,511$12,045$10,643
5 years$11,124$10,592$10,088$9,610$9,156$7,816
6 years$9,177$8,650$8,153$7,685$7,245$5,968
7 years$7,787$7,264$6,775$6,318$5,892$4,678
8 years$6,745$6,226$5,746$5,300$4,888$3,736
9 years$5,934$5,421$4,949$4,515$4,116$3,026
10 years$5,287$4,779$4,315$3,892$3,507$2,477
11 years$4,757$4,254$3,798$3,387$3,016$2,045
12 years$4,316$3,818$3,371$2,971$2,614$1,699
13 years$3,943$3,451$3,012$2,623$2,279$1,419
14 years$3,624$3,136$2,706$2,328$1,998$1,190
15 years$3,347$2,865$2,443$2,076$1,759$1,002
16 years$3,106$2,629$2,215$1,859$1,555$846
17 years$2,893$2,421$2,016$1,670$1,379$716
18 years$2,703$2,237$1,840$1,505$1,226$607
19 years$2,534$2,073$1,685$1,360$1,093$516
20 years$2,382$1,927$1,546$1,232$976$439
21 years$2,245$1,795$1,422$1,118$873$374
22 years$2,121$1,675$1,311$1,017$783$319
23 years$2,007$1,567$1,210$926$703$272
24 years$1,903$1,468$1,119$844$632$232
25 years$1,807$1,378$1,037$771$568$198
26 years$1,719$1,295$961$705$512$170
27 years$1,638$1,219$893$645$462$145
28 years$1,562$1,148$830$591$417$124
29 years$1,492$1,083$772$542$376$106
30 years$1,427$1,023$719$498$340$91
31 years$1,366$967$671$457$307$78
32 years$1,309$915$626$420$278$67
33 years$1,255$867$584$386$252$57
34 years$1,205$821$546$355$228$49
35 years$1,158$779$510$327$206$42
36 years$1,113$739$477$301$187$36
37 years$1,071$702$447$278$169$31
38 years$1,032$667$418$256$154$26
39 years$994$635$392$236$139$23
40 years$958$604$367$218$126$19
41 years$925$575$345$201$115$17
42 years$892$547$323$185$104$14
43 years$862$522$303$171$94$12
44 years$833$497$285$158$86$11
45 years$805$474$267$146$78$9
46 years$779$452$251$135$71$8
47 years$754$432$236$124$64$7
48 years$729$412$222$115$58$6
49 years$706$393$208$106$53$5
50 years$684$376$196$98$48$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $701,000, adding $6,062 every year, while hoping to spend $46,453 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: 83/9/8 Blend
51$701,000$701,000$701,000$701,000
52$778,755$741,602$730,736$842,154
53$808,762$728,515$705,790$871,411
54$840,274$713,230$678,452$896,673
55$873,393$695,589$648,592$922,979
56$908,234$675,428$616,074$950,406
57$944,920$652,570$580,759$979,041
58$983,586$626,830$542,498$1,008,975
59$1,024,377$598,010$501,138$1,040,311
60$1,067,454$565,903$456,516$1,073,163
61$1,112,990$530,288$408,465$1,107,656
62$1,161,176$490,933$356,809$1,143,926
63$1,212,218$447,591$301,365$1,182,125
64$1,266,344$400,002$241,940$1,222,420
65$1,323,800$347,892$178,334$1,264,996
66$1,384,858$290,969$110,339$1,310,054
67$1,449,814$228,927$37,736$1,357,821
68$1,518,992$161,442$0$1,408,542
69$1,592,748$88,170$0$1,465,883
70$1,671,469$8,752$0$1,530,411
71$1,755,581$0$0$1,599,255
72$1,845,553$0$0$1,680,450
73$1,941,895$0$0$1,768,330
74$2,045,168$0$0$1,862,543
75$2,155,990$0$0$1,963,653
76$2,275,035$0$0$2,072,275
77$2,403,045$0$0$2,189,090
78$2,540,835$0$0$2,314,841
79$2,689,299$0$0$2,450,347
80$2,849,419$0$0$2,596,505
81$3,022,275$0$0$2,754,302
82$3,209,051$0$0$2,924,823
83$3,411,052$0$0$3,109,258
84$3,629,709$0$0$3,308,918
85$3,866,597$0$0$3,525,243
86$4,123,448$0$0$3,759,815
87$4,402,164$0$0$4,014,376
88$4,704,841$0$0$4,290,841
89$5,033,781$0$0$4,591,316
90$5,391,517$0$0$4,918,117
91$5,780,838$0$0$5,273,795
92$6,204,811$0$0$5,661,154
93$6,666,809$0$0$6,083,280
94$7,170,549$0$0$6,543,571
95$7,720,117$0$0$7,045,765
96$8,320,014$0$0$7,593,978
97$8,975,192$0$0$8,192,739
98$9,691,105$0$0$8,847,035
99$10,473,754$0$0$9,562,357
100$11,329,749$0$0$10,344,748