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%15.5%
1 years$34,683$34,374$34,073$33,779$33,491$32,735
2 years$17,170$16,850$16,540$16,240$15,948$15,190
3 years$11,333$11,012$10,703$10,405$10,118$9,382
4 years$8,415$8,095$7,789$7,496$7,216$6,508
5 years$6,665$6,346$6,044$5,758$5,486$4,807
6 years$5,498$5,182$4,885$4,605$4,341$3,693
7 years$4,665$4,352$4,059$3,786$3,530$2,913
8 years$4,041$3,731$3,443$3,176$2,929$2,341
9 years$3,556$3,248$2,965$2,705$2,466$1,909
10 years$3,167$2,863$2,585$2,332$2,101$1,573
11 years$2,850$2,549$2,276$2,029$1,807$1,308
12 years$2,586$2,288$2,020$1,780$1,566$1,094
13 years$2,363$2,067$1,805$1,571$1,366$921
14 years$2,171$1,879$1,621$1,395$1,197$778
15 years$2,006$1,717$1,464$1,244$1,054$660
16 years$1,861$1,575$1,327$1,114$932$562
17 years$1,733$1,451$1,208$1,001$826$479
18 years$1,620$1,340$1,102$902$734$410
19 years$1,518$1,242$1,009$815$655$351
20 years$1,427$1,154$926$738$585$301
21 years$1,345$1,075$852$670$523$259
22 years$1,270$1,004$785$609$469$222
23 years$1,202$939$725$555$421$191
24 years$1,140$880$671$506$378$165
25 years$1,083$825$621$462$341$142
26 years$1,030$776$576$422$307$123
27 years$981$730$535$387$277$106
28 years$936$688$497$354$250$91
29 years$894$649$463$325$225$79
30 years$855$613$431$298$204$68
31 years$818$579$402$274$184$59
32 years$784$548$375$252$167$51
33 years$752$519$350$231$151$44
34 years$722$492$327$213$136$38
35 years$694$467$306$196$124$33
36 years$667$443$286$181$112$28
37 years$642$421$268$166$101$25
38 years$618$400$251$153$92$21
39 years$596$380$235$141$83$18
40 years$574$362$220$130$76$16
41 years$554$344$206$120$69$14
42 years$535$328$194$111$62$12
43 years$516$312$182$102$57$10
44 years$499$298$171$95$51$9
45 years$482$284$160$87$47$8
46 years$467$271$150$81$42$7
47 years$452$259$141$75$38$6
48 years$437$247$133$69$35$5
49 years$423$236$125$64$32$4
50 years$410$225$117$59$29$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $420,000, adding $3,334 every year, while hoping to spend $22,659 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: 49/21/30 Blend
51$420,000$420,000$420,000$420,000
52$466,279$444,019$437,509$485,002
53$489,730$441,667$428,057$496,154
54$514,815$438,440$417,528$505,777
55$541,674$434,272$405,863$515,801
56$570,465$429,091$393,000$526,274
57$601,359$422,824$378,872$537,254
58$634,544$415,389$363,411$548,803
59$670,228$406,703$346,546$560,991
60$708,637$396,677$328,200$573,899
61$750,019$385,216$308,297$587,615
62$794,650$372,220$286,753$602,241
63$842,829$357,583$263,484$617,888
64$894,886$341,194$238,400$634,683
65$951,186$322,933$211,407$652,767
66$1,012,125$302,676$182,408$672,297
67$1,078,145$280,290$151,301$693,450
68$1,149,725$255,634$117,980$716,422
69$1,227,398$228,561$82,333$741,432
70$1,311,746$198,913$44,245$768,726
71$1,403,411$166,527$3,593$798,575
72$1,503,098$131,226$0$831,284
73$1,611,585$92,827$0$879,925
74$1,729,725$51,134$0$934,196
75$1,858,459$5,941$0$993,405
76$1,998,821$0$0$1,058,063
77$2,151,950$0$0$1,138,664
78$2,319,100$0$0$1,228,186
79$2,501,650$0$0$1,326,001
80$2,701,119$0$0$1,432,927
81$2,919,179$0$0$1,549,869
82$3,157,672$0$0$1,677,817
83$3,418,624$0$0$1,817,868
84$3,704,268$0$0$1,971,224
85$4,017,061$0$0$2,139,212
86$4,359,711$0$0$2,323,293
87$4,735,197$0$0$2,525,076
88$5,146,803$0$0$2,746,332
89$5,598,144$0$0$2,989,013
90$6,093,202$0$0$3,255,268
91$6,636,364$0$0$3,547,464
92$7,232,461$0$0$3,868,209
93$7,886,813$0$0$4,220,375
94$8,605,284$0$0$4,607,127
95$9,394,331$0$0$5,031,950
96$10,261,066$0$0$5,498,685
97$11,213,327$0$0$6,011,561
98$12,259,745$0$0$6,575,239
99$13,409,832$0$0$7,194,852
100$14,674,066$0$0$7,876,058