Can I retire at age 52 with 707,000?

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 $707,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$58,383$57,863$57,356$56,861$56,377$54,334
2 years$28,903$28,364$27,843$27,337$26,846$24,810
3 years$19,077$18,536$18,016$17,515$17,032$15,067
4 years$14,165$13,626$13,111$12,619$12,148$10,269
5 years$11,219$10,683$10,175$9,692$9,234$7,446
6 years$9,255$8,724$8,223$7,751$7,307$5,611
7 years$7,853$7,326$6,833$6,373$5,942$4,339
8 years$6,802$6,280$5,795$5,346$4,930$3,417
9 years$5,985$5,468$4,991$4,553$4,152$2,727
10 years$5,332$4,819$4,351$3,925$3,537$2,199
11 years$4,798$4,291$3,831$3,416$3,042$1,787
12 years$4,353$3,851$3,400$2,996$2,636$1,461
13 years$3,977$3,480$3,038$2,645$2,299$1,201
14 years$3,655$3,163$2,729$2,348$2,015$991
15 years$3,376$2,890$2,464$2,094$1,774$820
16 years$3,132$2,651$2,234$1,875$1,568$680
17 years$2,917$2,442$2,033$1,685$1,390$566
18 years$2,727$2,256$1,856$1,518$1,236$471
19 years$2,556$2,091$1,699$1,372$1,102$393
20 years$2,403$1,943$1,559$1,243$984$328
21 years$2,264$1,810$1,434$1,128$881$275
22 years$2,139$1,690$1,322$1,025$790$230
23 years$2,024$1,580$1,220$934$709$192
24 years$1,919$1,481$1,129$852$637$161
25 years$1,823$1,389$1,045$778$573$135
26 years$1,734$1,306$970$711$516$113
27 years$1,652$1,229$900$651$466$95
28 years$1,576$1,158$837$596$420$80
29 years$1,505$1,092$779$547$379$67
30 years$1,439$1,032$725$502$343$56
31 years$1,378$975$676$461$310$47
32 years$1,320$923$631$424$280$40
33 years$1,266$874$589$390$254$33
34 years$1,215$828$551$358$230$28
35 years$1,168$786$515$330$208$23
36 years$1,123$746$481$304$188$20
37 years$1,080$708$451$280$171$17
38 years$1,040$673$422$258$155$14
39 years$1,003$640$395$238$140$12
40 years$967$609$371$219$127$10
41 years$932$580$348$203$116$8
42 years$900$552$326$187$105$7
43 years$869$526$306$173$95$6
44 years$840$501$287$159$86$5
45 years$812$478$270$147$78$4
46 years$785$456$253$136$71$3
47 years$760$435$238$126$65$3
48 years$736$415$224$116$59$2
49 years$713$397$210$107$53$2
50 years$690$379$198$99$48$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $707,000, adding $4,026 every year, while hoping to spend $35,436 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: 63/22/15 Blend
51$707,000$707,000$707,000$707,000
52$783,267$745,796$734,837$829,491
53$825,456$744,636$721,751$859,837
54$870,762$742,232$707,038$888,550
55$919,463$738,485$690,608$919,047
56$971,868$733,291$672,363$951,504
57$1,028,315$726,539$652,203$986,114
58$1,089,175$718,111$630,024$1,023,091
59$1,154,856$707,883$605,715$1,062,673
60$1,225,806$695,724$579,161$1,105,123
61$1,302,517$681,494$550,242$1,150,731
62$1,385,531$665,044$518,832$1,199,820
63$1,475,442$646,217$484,799$1,252,747
64$1,572,904$624,849$448,007$1,309,905
65$1,678,637$600,763$408,312$1,371,733
66$1,793,431$573,774$365,564$1,438,712
67$1,918,157$543,685$319,607$1,511,379
68$2,053,772$510,289$270,276$1,590,322
69$2,201,328$473,364$217,402$1,676,198
70$2,361,984$432,680$160,805$1,769,728
71$2,537,015$387,990$100,301$1,871,713
72$2,727,824$339,034$35,694$1,983,036
73$2,935,953$285,539$0$2,104,675
74$3,163,104$227,213$0$2,243,032
75$3,411,147$163,753$0$2,400,422
76$3,682,139$94,832$0$2,572,480
77$3,978,350$20,111$0$2,760,701
78$4,302,273$0$0$2,966,735
79$4,656,658$0$0$3,207,113
80$5,044,531$0$0$3,475,584
81$5,469,222$0$0$3,769,591
82$5,934,402$0$0$4,091,681
83$6,444,110$0$0$4,444,659
84$7,002,798$0$0$4,831,613
85$7,615,365$0$0$5,255,944
86$8,287,210$0$0$5,721,399
87$9,024,278$0$0$6,232,106
88$9,833,118$0$0$6,792,608
89$10,720,942$0$0$7,407,915
90$11,695,698$0$0$8,083,539
91$12,766,137$0$0$8,825,559
92$13,941,902$0$0$9,640,665
93$15,233,614$0$0$10,536,232
94$16,652,973$0$0$11,520,381
95$18,212,872$0$0$12,602,061
96$19,927,511$0$0$13,791,130
97$21,812,537$0$0$15,098,450
98$23,885,186$0$0$16,535,987
99$26,164,450$0$0$18,116,923
100$28,671,253$0$0$19,855,783