Can I retire at age 52 with 709,000?

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 $709,000?

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$58,549$58,027$57,518$57,022$56,537$54,487
2 years$28,984$28,445$27,921$27,414$26,922$24,880
3 years$19,131$18,589$18,067$17,565$17,081$15,110
4 years$14,205$13,665$13,148$12,654$12,182$10,298
5 years$11,251$10,713$10,204$9,720$9,261$7,468
6 years$9,281$8,748$8,246$7,773$7,328$5,627
7 years$7,875$7,347$6,852$6,391$5,959$4,351
8 years$6,821$6,298$5,811$5,361$4,944$3,426
9 years$6,002$5,483$5,005$4,566$4,163$2,735
10 years$5,347$4,833$4,364$3,936$3,547$2,205
11 years$4,811$4,303$3,842$3,426$3,051$1,792
12 years$4,365$3,862$3,410$3,005$2,644$1,465
13 years$3,988$3,490$3,046$2,653$2,305$1,204
14 years$3,665$3,172$2,737$2,355$2,021$994
15 years$3,386$2,898$2,471$2,100$1,779$822
16 years$3,141$2,659$2,240$1,880$1,573$682
17 years$2,926$2,449$2,039$1,690$1,394$567
18 years$2,734$2,263$1,861$1,523$1,240$473
19 years$2,563$2,097$1,704$1,376$1,105$394
20 years$2,410$1,949$1,564$1,246$987$329
21 years$2,271$1,815$1,438$1,131$883$275
22 years$2,145$1,694$1,326$1,028$792$230
23 years$2,030$1,585$1,224$936$711$193
24 years$1,925$1,485$1,132$854$639$162
25 years$1,828$1,393$1,048$780$575$136
26 years$1,739$1,310$972$713$518$114
27 years$1,657$1,232$903$653$467$95
28 years$1,580$1,161$839$598$421$80
29 years$1,509$1,096$781$548$380$67
30 years$1,443$1,035$728$503$344$56
31 years$1,382$978$678$462$311$47
32 years$1,324$925$633$425$281$40
33 years$1,270$876$591$391$254$33
34 years$1,219$831$552$359$230$28
35 years$1,171$788$516$331$209$24
36 years$1,126$748$483$305$189$20
37 years$1,084$710$452$281$171$17
38 years$1,043$675$423$259$155$14
39 years$1,005$642$397$239$141$12
40 years$969$611$372$220$128$10
41 years$935$581$348$203$116$8
42 years$903$554$327$187$105$7
43 years$872$527$307$173$95$6
44 years$842$503$288$160$87$5
45 years$814$479$270$148$79$4
46 years$788$457$254$136$71$3
47 years$762$436$239$126$65$3
48 years$738$417$224$116$59$2
49 years$715$398$211$108$53$2
50 years$692$380$198$99$49$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $709,000, adding $5,194 every year, while hoping to spend $45,662 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: 77/15/8 Blend
51$709,000$709,000$709,000$709,000
52$786,676$749,099$738,109$845,949
53$818,333$737,220$714,252$873,747
54$851,688$723,230$688,065$897,819
55$886,867$706,975$659,422$922,884
56$924,006$688,295$628,191$949,021
57$963,254$667,021$594,235$976,318
58$1,004,772$642,972$557,408$1,004,872
59$1,048,739$615,957$517,561$1,034,792
60$1,095,346$585,774$474,535$1,066,197
61$1,144,806$552,212$428,166$1,099,220
62$1,197,349$515,043$378,283$1,134,006
63$1,253,229$474,031$324,706$1,170,718
64$1,312,721$428,921$267,246$1,209,536
65$1,376,129$379,449$205,710$1,250,658
66$1,443,785$325,332$139,891$1,294,306
67$1,516,050$266,273$69,577$1,340,723
68$1,593,325$201,958$0$1,390,179
69$1,676,044$132,054$0$1,443,439
70$1,764,687$56,211$0$1,506,737
71$1,859,779$0$0$1,574,515
72$1,961,896$0$0$1,651,482
73$2,071,670$0$0$1,744,212
74$2,189,795$0$0$1,844,015
75$2,317,033$0$0$1,951,537
76$2,454,222$0$0$2,067,489
77$2,602,281$0$0$2,192,650
78$2,762,221$0$0$2,327,877
79$2,935,151$0$0$2,474,112
80$3,122,293$0$0$2,632,390
81$3,324,987$0$0$2,803,848
82$3,544,709$0$0$2,989,739
83$3,783,081$0$0$3,191,437
84$4,041,886$0$0$3,410,456
85$4,323,087$0$0$3,648,460
86$4,628,841$0$0$3,907,279
87$4,961,524$0$0$4,188,929
88$5,323,747$0$0$4,495,624
89$5,718,385$0$0$4,829,805
90$6,148,603$0$0$5,194,154
91$6,617,882$0$0$5,591,625
92$7,130,054$0$0$6,025,470
93$7,689,337$0$0$6,499,267
94$8,300,376$0$0$7,016,957
95$8,968,283$0$0$7,582,876
96$9,698,686$0$0$8,201,800
97$10,497,783$0$0$8,878,986
98$11,372,398$0$0$9,620,224
99$12,330,044$0$0$10,431,889
100$13,378,997$0$0$11,321,002