Can I retire at age 52 with 424,000?

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 $424,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$35,014$34,702$34,397$34,100$33,810$33,006
2 years$17,333$17,011$16,698$16,394$16,100$15,295
3 years$11,441$11,117$10,805$10,504$10,215$9,433
4 years$8,495$8,172$7,863$7,568$7,285$6,534
5 years$6,728$6,407$6,102$5,813$5,538$4,818
6 years$5,551$5,232$4,931$4,648$4,382$3,695
7 years$4,710$4,394$4,098$3,822$3,564$2,910
8 years$4,079$3,766$3,475$3,206$2,957$2,335
9 years$3,589$3,279$2,993$2,731$2,490$1,900
10 years$3,198$2,890$2,610$2,354$2,121$1,563
11 years$2,877$2,573$2,298$2,049$1,825$1,297
12 years$2,611$2,309$2,039$1,797$1,581$1,083
13 years$2,385$2,087$1,822$1,586$1,379$910
14 years$2,192$1,897$1,637$1,408$1,209$767
15 years$2,025$1,733$1,478$1,256$1,064$650
16 years$1,878$1,590$1,340$1,125$940$552
17 years$1,750$1,464$1,219$1,010$834$470
18 years$1,635$1,353$1,113$911$741$401
19 years$1,533$1,254$1,019$823$661$342
20 years$1,441$1,165$935$745$590$293
21 years$1,358$1,085$860$676$528$251
22 years$1,283$1,013$793$615$474$215
23 years$1,214$948$732$560$425$185
24 years$1,151$888$677$511$382$159
25 years$1,093$833$627$466$344$137
26 years$1,040$783$581$426$310$118
27 years$991$737$540$390$279$101
28 years$945$694$502$358$252$87
29 years$903$655$467$328$227$75
30 years$863$619$435$301$206$65
31 years$826$585$406$276$186$56
32 years$792$553$378$254$168$48
33 years$759$524$353$234$152$42
34 years$729$497$330$215$138$36
35 years$700$471$309$198$125$31
36 years$673$447$289$182$113$27
37 years$648$425$270$168$102$23
38 years$624$404$253$155$93$20
39 years$601$384$237$143$84$17
40 years$580$365$222$132$76$15
41 years$559$348$208$121$69$13
42 years$540$331$195$112$63$11
43 years$521$315$183$103$57$10
44 years$504$301$172$96$52$8
45 years$487$287$162$88$47$7
46 years$471$274$152$81$43$6
47 years$456$261$143$75$39$5
48 years$441$249$134$70$35$5
49 years$427$238$126$64$32$4
50 years$414$227$118$59$29$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $424,000, adding $6,568 every year, while hoping to spend $27,370 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: 40/35/25 Blend
51$424,000$424,000$424,000$424,000
52$474,023$451,551$444,979$489,258
53$493,252$444,555$430,764$493,874
54$513,525$436,300$415,156$495,807
55$534,919$426,694$398,079$497,362
56$557,520$415,640$379,453$498,518
57$581,419$403,039$359,197$499,259
58$606,717$388,782$337,224$499,568
59$633,525$372,754$313,444$499,427
60$661,962$354,837$287,761$498,822
61$692,160$334,902$260,079$497,737
62$724,263$312,814$230,294$496,160
63$758,427$288,431$198,298$494,081
64$794,825$261,603$163,980$491,492
65$833,646$232,170$127,222$488,386
66$875,095$199,964$87,901$484,761
67$919,399$164,807$45,890$480,618
68$966,806$126,511$1,056$475,965
69$1,017,588$84,877$0$470,811
70$1,072,043$39,697$0$477,656
71$1,130,499$0$0$485,153
72$1,193,313$0$0$496,657
73$1,260,881$0$0$525,516
74$1,333,635$0$0$556,632
75$1,412,051$0$0$590,214
76$1,496,650$0$0$626,490
77$1,588,007$0$0$665,713
78$1,686,750$0$0$708,160
79$1,793,574$0$0$754,134
80$1,909,239$0$0$803,970
81$2,034,583$0$0$858,036
82$2,170,525$0$0$916,737
83$2,318,079$0$0$980,518
84$2,478,357$0$0$1,049,868
85$2,652,585$0$0$1,125,326
86$2,842,109$0$0$1,207,484
87$3,048,411$0$0$1,296,995
88$3,273,124$0$0$1,394,576
89$3,518,041$0$0$1,501,016
90$3,785,137$0$0$1,617,186
91$4,076,588$0$0$1,744,041
92$4,394,786$0$0$1,882,636
93$4,742,365$0$0$2,034,129
94$5,122,225$0$0$2,199,798
95$5,537,560$0$0$2,381,048
96$5,991,884$0$0$2,579,427
97$6,489,068$0$0$2,796,639
98$7,033,374$0$0$3,034,561
99$7,629,495$0$0$3,295,260
100$8,282,601$0$0$3,581,013