Can I retire at age 52 with 420,000?

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 $420,000?

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 years$34,683$34,374$34,073$33,779$33,491$32,406
2 years$17,170$16,850$16,540$16,240$15,948$14,865
3 years$11,333$11,012$10,703$10,405$10,118$9,071
4 years$8,415$8,095$7,789$7,496$7,216$6,214
5 years$6,665$6,346$6,044$5,758$5,486$4,530
6 years$5,498$5,182$4,885$4,605$4,341$3,432
7 years$4,665$4,352$4,059$3,786$3,530$2,669
8 years$4,041$3,731$3,443$3,176$2,929$2,114
9 years$3,556$3,248$2,965$2,705$2,466$1,698
10 years$3,167$2,863$2,585$2,332$2,101$1,378
11 years$2,850$2,549$2,276$2,029$1,807$1,127
12 years$2,586$2,288$2,020$1,780$1,566$928
13 years$2,363$2,067$1,805$1,571$1,366$768
14 years$2,171$1,879$1,621$1,395$1,197$638
15 years$2,006$1,717$1,464$1,244$1,054$532
16 years$1,861$1,575$1,327$1,114$932$444
17 years$1,733$1,451$1,208$1,001$826$372
18 years$1,620$1,340$1,102$902$734$312
19 years$1,518$1,242$1,009$815$655$263
20 years$1,427$1,154$926$738$585$221
21 years$1,345$1,075$852$670$523$186
22 years$1,270$1,004$785$609$469$157
23 years$1,202$939$725$555$421$133
24 years$1,140$880$671$506$378$112
25 years$1,083$825$621$462$341$95
26 years$1,030$776$576$422$307$80
27 years$981$730$535$387$277$68
28 years$936$688$497$354$250$57
29 years$894$649$463$325$225$48
30 years$855$613$431$298$204$41
31 years$818$579$402$274$184$35
32 years$784$548$375$252$167$29
33 years$752$519$350$231$151$25
34 years$722$492$327$213$136$21
35 years$694$467$306$196$124$18
36 years$667$443$286$181$112$15
37 years$642$421$268$166$101$13
38 years$618$400$251$153$92$11
39 years$596$380$235$141$83$9
40 years$574$362$220$130$76$8
41 years$554$344$206$120$69$7
42 years$535$328$194$111$62$6
43 years$516$312$182$102$57$5
44 years$499$298$171$95$51$4
45 years$482$284$160$87$47$3
46 years$467$271$150$81$42$3
47 years$452$259$141$75$38$2
48 years$437$247$133$69$35$2
49 years$423$236$125$64$32$2
50 years$410$225$117$59$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $420,000, adding $3,374 every year, while hoping to spend $23,339 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: 26/45/29 Blend
51$420,000$420,000$420,000$420,000
52$466,320$444,060$437,550$474,166
53$489,052$440,987$427,376$477,829
54$513,321$436,980$416,078$479,551
55$539,258$431,971$403,595$480,924
56$567,009$425,883$389,862$481,933
57$596,731$418,639$374,810$482,569
58$628,600$410,155$358,368$482,818
59$662,806$400,341$340,462$482,673
60$699,558$389,104$321,014$482,125
61$739,088$376,345$299,942$481,169
62$781,647$361,958$277,162$479,803
63$827,513$345,832$252,585$478,026
64$876,990$327,849$226,118$475,843
65$930,414$307,884$197,664$473,262
66$988,153$285,807$167,122$470,296
67$1,050,610$261,477$134,386$466,963
68$1,118,230$234,747$99,346$463,288
69$1,191,502$205,462$61,886$459,303
70$1,270,962$173,457$21,887$455,049
71$1,357,203$138,559$0$450,575
72$1,450,873$100,584$0$452,377
73$1,552,687$59,337$0$461,738
74$1,663,432$14,616$0$472,007
75$1,783,972$0$0$483,328
76$1,915,260$0$0$512,603
77$2,058,343$0$0$552,460
78$2,214,374$0$0$595,991
79$2,384,621$0$0$643,559
80$2,570,482$0$0$695,562
81$2,773,493$0$0$752,439
82$2,995,348$0$0$814,675
83$3,237,908$0$0$882,801
84$3,503,227$0$0$957,405
85$3,793,562$0$0$1,039,132
86$4,111,401$0$0$1,128,694
87$4,459,483$0$0$1,226,873
88$4,840,823$0$0$1,334,533
89$5,258,745$0$0$1,452,623
90$5,716,905$0$0$1,582,191
91$6,219,334$0$0$1,724,389
92$6,770,468$0$0$1,880,486
93$7,375,196$0$0$2,051,882
94$8,038,901$0$0$2,240,117
95$8,767,515$0$0$2,446,889
96$9,567,570$0$0$2,674,068
97$10,446,262$0$0$2,923,713
98$11,411,518$0$0$3,198,093
99$12,472,073$0$0$3,499,710
100$13,637,546$0$0$3,831,317