Can I retire at age 52 with 493,000?

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 $493,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$40,711$40,349$39,995$39,650$39,313$38,773
2 years$20,154$19,779$19,415$19,062$18,720$18,178
3 years$13,303$12,926$12,563$12,213$11,877$11,348
4 years$9,878$9,502$9,143$8,799$8,471$7,960
5 years$7,823$7,449$7,095$6,759$6,439$5,948
6 years$6,454$6,083$5,734$5,405$5,095$4,624
7 years$5,476$5,109$4,765$4,444$4,144$3,692
8 years$4,743$4,379$4,041$3,728$3,438$3,006
9 years$4,174$3,813$3,480$3,175$2,895$2,483
10 years$3,718$3,361$3,034$2,737$2,467$2,075
11 years$3,346$2,992$2,671$2,382$2,121$1,748
12 years$3,035$2,685$2,371$2,089$1,838$1,484
13 years$2,773$2,427$2,118$1,845$1,603$1,267
14 years$2,549$2,206$1,903$1,637$1,405$1,087
15 years$2,354$2,015$1,718$1,460$1,237$936
16 years$2,184$1,849$1,558$1,308$1,094$809
17 years$2,034$1,703$1,418$1,175$970$701
18 years$1,901$1,573$1,294$1,059$862$609
19 years$1,782$1,458$1,185$957$768$530
20 years$1,676$1,355$1,087$866$686$462
21 years$1,579$1,262$1,000$786$614$404
22 years$1,491$1,178$922$715$551$353
23 years$1,411$1,102$851$651$494$309
24 years$1,338$1,032$787$594$444$271
25 years$1,271$969$729$542$400$238
26 years$1,209$911$676$496$360$209
27 years$1,152$857$628$454$325$183
28 years$1,099$808$584$416$293$161
29 years$1,049$762$543$381$264$142
30 years$1,004$719$506$350$239$125
31 years$961$680$472$321$216$110
32 years$921$644$440$295$195$97
33 years$883$609$411$272$177$85
34 years$848$578$384$250$160$75
35 years$814$548$359$230$145$66
36 years$783$520$336$212$131$58
37 years$753$494$314$195$119$51
38 years$726$469$294$180$108$45
39 years$699$446$276$166$98$40
40 years$674$425$258$153$89$35
41 years$650$404$242$141$81$31
42 years$628$385$227$130$73$27
43 years$606$367$213$120$66$24
44 years$586$350$200$111$60$21
45 years$566$333$188$103$55$19
46 years$548$318$177$95$50$17
47 years$530$303$166$88$45$15
48 years$513$290$156$81$41$13
49 years$497$277$147$75$37$11
50 years$481$264$138$69$34$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $493,000, adding $2,012 every year, while hoping to spend $24,403 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: 47/31/22 Blend
51$493,000$493,000$493,000$493,000
52$545,361$519,232$511,591$567,488
53$575,024$518,710$502,765$582,651
54$606,894$517,344$492,825$596,511
55$641,171$515,068$481,708$611,057
56$678,074$511,810$469,349$626,362
57$717,843$507,495$455,678$642,512
58$760,743$502,042$440,624$659,601
59$807,064$495,367$424,109$677,734
60$857,124$487,380$406,057$697,030
61$911,275$477,985$386,384$717,620
62$969,900$467,082$365,003$739,651
63$1,033,424$454,563$341,825$763,288
64$1,102,313$440,316$316,755$788,713
65$1,177,077$424,220$289,695$816,131
66$1,258,281$406,149$260,541$845,768
67$1,346,543$385,968$229,187$877,878
68$1,442,546$363,536$195,520$912,741
69$1,547,038$338,702$159,423$950,670
70$1,660,846$311,308$120,773$992,014
71$1,784,876$281,186$79,443$1,037,159
72$1,920,128$248,158$35,299$1,086,535
73$2,067,701$212,038$0$1,140,619
74$2,228,806$172,627$0$1,202,712
75$2,404,775$129,716$0$1,279,653
76$2,597,074$83,085$0$1,363,835
77$2,807,319$32,499$0$1,456,017
78$3,037,287$0$0$1,557,041
79$3,288,936$0$0$1,675,438
80$3,564,421$0$0$1,817,239
81$3,866,117$0$0$1,972,589
82$4,196,636$0$0$2,142,838
83$4,558,857$0$0$2,329,478
84$4,955,952$0$0$2,534,149
85$5,391,410$0$0$2,758,660
86$5,869,079$0$0$3,005,000
87$6,393,195$0$0$3,275,363
88$6,968,422$0$0$3,572,165
89$7,599,901$0$0$3,898,065
90$8,293,293$0$0$4,255,997
91$9,054,834$0$0$4,649,187
92$9,891,395$0$0$5,081,194
93$10,810,543$0$0$5,555,936
94$11,820,616$0$0$6,077,730
95$12,930,800$0$0$6,651,333
96$14,151,214$0$0$7,281,983
97$15,493,006$0$0$7,975,455
98$16,968,460$0$0$8,738,109
99$18,591,108$0$0$9,576,951
100$20,375,860$0$0$10,499,703