Can I retire at age 52 with 493,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%11.6%
1 years$40,711$40,349$39,995$39,650$39,313$39,048
2 years$20,154$19,779$19,415$19,062$18,720$18,454
3 years$13,303$12,926$12,563$12,213$11,877$11,617
4 years$9,878$9,502$9,143$8,799$8,471$8,218
5 years$7,823$7,449$7,095$6,759$6,439$6,196
6 years$6,454$6,083$5,734$5,405$5,095$4,861
7 years$5,476$5,109$4,765$4,444$4,144$3,918
8 years$4,743$4,379$4,041$3,728$3,438$3,221
9 years$4,174$3,813$3,480$3,175$2,895$2,688
10 years$3,718$3,361$3,034$2,737$2,467$2,269
11 years$3,346$2,992$2,671$2,382$2,121$1,932
12 years$3,035$2,685$2,371$2,089$1,838$1,658
13 years$2,773$2,427$2,118$1,845$1,603$1,431
14 years$2,549$2,206$1,903$1,637$1,405$1,242
15 years$2,354$2,015$1,718$1,460$1,237$1,082
16 years$2,184$1,849$1,558$1,308$1,094$946
17 years$2,034$1,703$1,418$1,175$970$829
18 years$1,901$1,573$1,294$1,059$862$729
19 years$1,782$1,458$1,185$957$768$643
20 years$1,676$1,355$1,087$866$686$568
21 years$1,579$1,262$1,000$786$614$502
22 years$1,491$1,178$922$715$551$445
23 years$1,411$1,102$851$651$494$395
24 years$1,338$1,032$787$594$444$350
25 years$1,271$969$729$542$400$311
26 years$1,209$911$676$496$360$277
27 years$1,152$857$628$454$325$247
28 years$1,099$808$584$416$293$220
29 years$1,049$762$543$381$264$196
30 years$1,004$719$506$350$239$175
31 years$961$680$472$321$216$156
32 years$921$644$440$295$195$139
33 years$883$609$411$272$177$124
34 years$848$578$384$250$160$111
35 years$814$548$359$230$145$99
36 years$783$520$336$212$131$89
37 years$753$494$314$195$119$79
38 years$726$469$294$180$108$71
39 years$699$446$276$166$98$64
40 years$674$425$258$153$89$57
41 years$650$404$242$141$81$51
42 years$628$385$227$130$73$46
43 years$606$367$213$120$66$41
44 years$586$350$200$111$60$37
45 years$566$333$188$103$55$33
46 years$548$318$177$95$50$29
47 years$530$303$166$88$45$26
48 years$513$290$156$81$41$23
49 years$497$277$147$75$37$21
50 years$481$264$138$69$34$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $493,000, adding $6,058 every year, while hoping to spend $42,334 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: 49/32/19 Blend
51$493,000$493,000$493,000$493,000
52$549,535$523,406$515,764$573,263
53$560,544$504,010$487,999$570,939
54$571,258$482,244$457,885$563,607
55$581,601$457,949$425,299$554,743
56$591,489$430,953$390,112$544,219
57$600,829$401,078$352,188$531,899
58$609,514$368,132$311,388$517,634
59$617,430$331,915$267,564$501,265
60$624,443$292,214$220,563$482,619
61$630,409$248,805$170,224$461,511
62$635,165$201,451$116,381$437,741
63$638,530$149,901$58,858$411,094
64$640,304$93,890$0$381,335
65$640,263$33,138$0$348,727
66$638,159$0$0$325,252
67$633,717$0$0$310,208
68$626,632$0$0$305,374
69$616,565$0$0$298,899
70$603,141$0$0$290,578
71$585,943$0$0$280,186
72$564,512$0$0$267,472
73$538,337$0$0$252,162
74$506,853$0$0$233,948
75$469,437$0$0$212,492
76$425,398$0$0$187,420
77$373,971$0$0$158,319
78$314,311$0$0$124,730
79$245,486$0$0$86,148
80$166,462$0$0$42,015
81$76,100$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0