Can I retire at age 52 with 704,000?

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 $704,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$58,136$57,618$57,113$56,619$56,138$55,784
2 years$28,780$28,244$27,725$27,221$26,732$26,375
3 years$18,996$18,458$17,940$17,441$16,960$16,611
4 years$14,105$13,568$13,055$12,565$12,096$11,758
5 years$11,171$10,638$10,132$9,651$9,195$8,869
6 years$9,216$8,687$8,188$7,718$7,276$6,961
7 years$7,820$7,295$6,804$6,345$5,917$5,615
8 years$6,773$6,253$5,770$5,323$4,909$4,619
9 years$5,960$5,444$4,970$4,534$4,134$3,856
10 years$5,309$4,799$4,333$3,908$3,522$3,257
11 years$4,777$4,272$3,815$3,401$3,029$2,775
12 years$4,335$3,835$3,385$2,984$2,625$2,383
13 years$3,960$3,465$3,025$2,634$2,289$2,058
14 years$3,639$3,150$2,718$2,338$2,007$1,787
15 years$3,362$2,877$2,454$2,085$1,767$1,558
16 years$3,119$2,640$2,225$1,867$1,562$1,363
17 years$2,905$2,431$2,024$1,678$1,385$1,196
18 years$2,715$2,247$1,848$1,512$1,231$1,053
19 years$2,545$2,082$1,692$1,366$1,097$928
20 years$2,393$1,935$1,553$1,237$980$820
21 years$2,255$1,802$1,428$1,123$877$726
22 years$2,130$1,682$1,316$1,021$786$644
23 years$2,015$1,573$1,215$930$706$571
24 years$1,911$1,474$1,124$848$634$508
25 years$1,815$1,384$1,041$774$571$452
26 years$1,727$1,300$965$708$514$402
27 years$1,645$1,224$897$648$464$358
28 years$1,569$1,153$833$594$418$320
29 years$1,499$1,088$776$545$378$285
30 years$1,433$1,027$722$500$341$255
31 years$1,372$971$673$459$309$227
32 years$1,314$919$628$422$279$203
33 years$1,261$870$587$388$253$182
34 years$1,210$825$548$357$229$162
35 years$1,163$782$513$329$207$145
36 years$1,118$743$479$303$188$130
37 years$1,076$705$449$279$170$116
38 years$1,036$670$420$257$154$104
39 years$998$637$394$237$140$93
40 years$962$606$369$219$127$84
41 years$929$577$346$202$115$75
42 years$896$550$325$186$104$67
43 years$866$524$305$172$95$60
44 years$836$499$286$159$86$54
45 years$809$476$268$146$78$48
46 years$782$454$252$135$71$43
47 years$757$433$237$125$64$39
48 years$733$414$223$116$58$35
49 years$709$395$209$107$53$31
50 years$687$377$197$99$48$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $704,000, adding $3,875 every year, while hoping to spend $24,710 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: 52/29/19 Blend
51$704,000$704,000$704,000$704,000
52$779,805$742,493$731,581$816,096
53$833,054$752,584$729,798$851,559
54$890,906$762,341$727,127$887,215
55$953,805$771,722$723,512$925,466
56$1,022,238$780,682$718,894$966,564
57$1,096,742$789,171$713,214$1,010,792
58$1,177,909$797,139$706,405$1,058,460
59$1,266,387$804,531$698,401$1,109,910
60$1,362,893$811,287$689,131$1,165,520
61$1,468,213$817,345$678,522$1,225,708
62$1,583,214$822,638$666,497$1,290,935
63$1,708,851$827,097$652,973$1,361,711
64$1,846,173$830,644$637,867$1,438,598
65$1,996,337$833,200$621,090$1,522,217
66$2,160,617$834,680$602,550$1,613,254
67$2,340,413$834,993$582,149$1,712,465
68$2,537,270$834,042$559,786$1,820,686
69$2,752,888$831,727$535,355$1,938,839
70$2,989,139$827,938$508,746$2,067,942
71$3,248,084$822,560$479,842$2,209,120
72$3,531,994$815,471$448,522$2,363,611
73$3,843,371$806,541$414,660$2,532,787
74$4,184,967$795,635$378,124$2,718,156
75$4,559,818$782,605$338,776$2,921,387
76$4,971,265$767,299$296,470$3,144,320
77$5,422,990$749,552$251,058$3,388,985
78$5,919,048$729,192$202,381$3,657,622
79$6,463,905$706,037$150,275$3,952,703
80$7,062,482$679,892$94,568$4,276,956
81$7,720,201$650,552$35,082$4,633,390
82$8,443,034$617,802$0$5,025,324
83$9,237,560$581,411$0$5,462,179
84$10,111,027$541,136$0$5,950,202
85$11,071,423$496,723$0$6,486,769
86$12,127,544$447,898$0$7,076,842
87$13,289,085$394,377$0$7,725,887
88$14,566,726$335,856$0$8,439,932
89$15,972,235$272,015$0$9,225,622
90$17,518,575$202,516$0$10,090,285
91$19,220,034$127,003$0$11,041,997
92$21,092,350$45,099$0$12,089,662
93$23,152,866$0$0$13,243,098
94$25,420,691$0$0$14,527,038
95$27,916,881$0$0$15,956,194
96$30,664,636$0$0$17,529,466
97$33,689,519$0$0$19,261,503
98$37,019,698$0$0$21,168,445
99$40,686,212$0$0$23,268,077
100$44,723,261$0$0$25,579,995