Can I retire at age 52 with 702,000?

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 $702,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$57,971$57,454$56,950$56,459$55,978$54,143
2 years$28,698$28,164$27,646$27,144$26,656$24,825
3 years$18,942$18,405$17,889$17,391$16,912$15,142
4 years$14,065$13,530$13,018$12,529$12,062$10,366
5 years$11,140$10,608$10,103$9,624$9,169$7,553
6 years$9,190$8,662$8,165$7,696$7,255$5,720
7 years$7,798$7,274$6,785$6,327$5,900$4,446
8 years$6,754$6,235$5,754$5,308$4,895$3,520
9 years$5,943$5,429$4,956$4,521$4,122$2,825
10 years$5,294$4,785$4,321$3,897$3,512$2,291
11 years$4,764$4,260$3,804$3,392$3,021$1,872
12 years$4,322$3,824$3,376$2,975$2,618$1,540
13 years$3,949$3,456$3,016$2,627$2,283$1,274
14 years$3,629$3,141$2,710$2,332$2,001$1,057
15 years$3,352$2,869$2,447$2,079$1,762$881
16 years$3,110$2,633$2,218$1,862$1,557$736
17 years$2,897$2,424$2,019$1,673$1,381$616
18 years$2,707$2,240$1,843$1,508$1,228$516
19 years$2,538$2,076$1,687$1,362$1,094$434
20 years$2,386$1,929$1,548$1,234$977$365
21 years$2,248$1,797$1,424$1,120$875$307
22 years$2,124$1,678$1,312$1,018$784$259
23 years$2,010$1,569$1,212$927$704$218
24 years$1,906$1,470$1,121$846$633$184
25 years$1,810$1,380$1,038$772$569$156
26 years$1,722$1,297$963$706$513$131
27 years$1,640$1,220$894$646$462$111
28 years$1,565$1,150$831$592$417$94
29 years$1,494$1,085$773$543$377$79
30 years$1,429$1,024$720$498$340$67
31 years$1,368$968$672$458$308$57
32 years$1,311$916$627$421$278$48
33 years$1,257$868$585$387$252$41
34 years$1,207$822$547$356$228$34
35 years$1,160$780$511$328$207$29
36 years$1,115$740$478$302$187$25
37 years$1,073$703$447$278$170$21
38 years$1,033$668$419$256$154$18
39 years$995$635$393$236$139$15
40 years$960$605$368$218$126$13
41 years$926$576$345$201$115$11
42 years$894$548$324$186$104$9
43 years$863$522$304$171$94$8
44 years$834$498$285$158$86$6
45 years$806$475$268$146$78$5
46 years$780$453$251$135$71$5
47 years$755$432$236$125$64$4
48 years$731$413$222$115$58$3
49 years$707$394$209$106$53$3
50 years$685$376$196$98$48$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $702,000, adding $2,822 every year, while hoping to spend $31,452 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: 57/27/16 Blend
51$702,000$702,000$702,000$702,000
52$776,515$739,309$728,428$817,384
53$822,255$742,070$719,366$848,190
54$871,606$743,913$708,945$878,069
55$924,904$744,759$697,089$909,910
56$982,516$744,524$683,714$943,906
57$1,044,848$743,121$668,733$980,274
58$1,112,344$740,456$652,058$1,019,250
59$1,185,494$736,429$633,593$1,061,099
60$1,264,836$730,935$613,239$1,106,113
61$1,350,961$723,863$590,895$1,154,613
62$1,444,519$715,093$566,450$1,206,959
63$1,546,227$704,499$539,793$1,263,544
64$1,656,872$691,949$510,806$1,324,807
65$1,777,320$677,301$479,365$1,391,231
66$1,908,524$660,407$445,341$1,463,352
67$2,051,533$641,106$408,599$1,541,761
68$2,207,502$619,233$369,000$1,627,112
69$2,377,701$594,610$326,395$1,720,131
70$2,563,529$567,048$280,632$1,821,616
71$2,766,526$536,350$231,550$1,932,453
72$2,988,386$502,305$178,981$2,053,618
73$3,230,975$464,692$122,751$2,186,192
74$3,496,349$423,276$62,677$2,331,370
75$3,786,769$377,809$0$2,490,471
76$4,104,726$328,028$0$2,665,197
77$4,452,963$273,657$0$2,868,348
78$4,834,501$214,402$0$3,091,029
79$5,252,668$149,955$0$3,335,240
80$5,711,126$79,989$0$3,603,190
81$6,213,912$4,160$0$3,897,317
82$6,765,470$0$0$4,220,309
83$7,370,696$0$0$4,598,276
84$8,034,982$0$0$5,014,546
85$8,764,268$0$0$5,471,615
86$9,565,097$0$0$5,973,590
87$10,444,677$0$0$6,524,999
88$11,410,949$0$0$7,130,827
89$12,472,659$0$0$7,796,569
90$13,639,444$0$0$8,528,277
91$14,921,920$0$0$9,332,616
92$16,331,784$0$0$10,216,934
93$17,881,919$0$0$11,189,322
94$19,586,524$0$0$12,258,698
95$21,461,240$0$0$13,434,883
96$23,523,298$0$0$14,728,702
97$25,791,686$0$0$16,152,080
98$28,287,323$0$0$17,718,155
99$31,033,259$0$0$19,441,405
100$34,054,891$0$0$21,337,780