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%16.5%
1 years$40,711$40,349$39,995$39,650$39,313$38,269
2 years$20,154$19,779$19,415$19,062$18,720$17,676
3 years$13,303$12,926$12,563$12,213$11,877$10,865
4 years$9,878$9,502$9,143$8,799$8,471$7,499
5 years$7,823$7,449$7,095$6,759$6,439$5,510
6 years$6,454$6,083$5,734$5,405$5,095$4,209
7 years$5,476$5,109$4,765$4,444$4,144$3,301
8 years$4,743$4,379$4,041$3,728$3,438$2,638
9 years$4,174$3,813$3,480$3,175$2,895$2,138
10 years$3,718$3,361$3,034$2,737$2,467$1,751
11 years$3,346$2,992$2,671$2,382$2,121$1,447
12 years$3,035$2,685$2,371$2,089$1,838$1,203
13 years$2,773$2,427$2,118$1,845$1,603$1,005
14 years$2,549$2,206$1,903$1,637$1,405$844
15 years$2,354$2,015$1,718$1,460$1,237$711
16 years$2,184$1,849$1,558$1,308$1,094$601
17 years$2,034$1,703$1,418$1,175$970$509
18 years$1,901$1,573$1,294$1,059$862$432
19 years$1,782$1,458$1,185$957$768$367
20 years$1,676$1,355$1,087$866$686$312
21 years$1,579$1,262$1,000$786$614$266
22 years$1,491$1,178$922$715$551$227
23 years$1,411$1,102$851$651$494$194
24 years$1,338$1,032$787$594$444$166
25 years$1,271$969$729$542$400$142
26 years$1,209$911$676$496$360$121
27 years$1,152$857$628$454$325$104
28 years$1,099$808$584$416$293$89
29 years$1,049$762$543$381$264$76
30 years$1,004$719$506$350$239$65
31 years$961$680$472$321$216$56
32 years$921$644$440$295$195$48
33 years$883$609$411$272$177$41
34 years$848$578$384$250$160$35
35 years$814$548$359$230$145$30
36 years$783$520$336$212$131$26
37 years$753$494$314$195$119$22
38 years$726$469$294$180$108$19
39 years$699$446$276$166$98$16
40 years$674$425$258$153$89$14
41 years$650$404$242$141$81$12
42 years$628$385$227$130$73$10
43 years$606$367$213$120$66$9
44 years$586$350$200$111$60$8
45 years$566$333$188$103$55$7
46 years$548$318$177$95$50$6
47 years$530$303$166$88$45$5
48 years$513$290$156$81$41$4
49 years$497$277$147$75$37$4
50 years$481$264$138$69$34$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $493,000, adding $3,013 every year, while hoping to spend $21,257 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: 81/7/12 Blend
51$493,000$493,000$493,000$493,000
52$546,394$520,265$512,623$589,221
53$579,509$523,141$507,179$620,633
54$615,289$525,445$500,840$652,018
55$653,984$527,127$493,553$685,844
56$695,868$528,134$485,265$722,344
57$741,241$528,407$475,916$761,777
58$790,437$527,888$465,449$804,426
59$843,819$526,512$453,798$850,605
60$901,787$524,210$440,899$900,657
61$964,783$520,910$426,683$954,963
62$1,033,291$516,535$411,077$1,013,940
63$1,107,845$511,004$394,007$1,078,051
64$1,189,033$504,230$375,393$1,147,802
65$1,277,499$496,122$355,154$1,223,753
66$1,373,956$486,584$333,203$1,306,523
67$1,479,184$475,511$309,451$1,396,789
68$1,594,046$462,797$283,803$1,495,302
69$1,719,490$448,325$256,161$1,602,887
70$1,856,559$431,974$226,423$1,720,454
71$2,006,401$413,614$194,482$1,849,005
72$2,170,283$393,110$160,226$1,989,647
73$2,349,596$370,316$123,538$2,143,598
74$2,545,874$345,081$84,296$2,312,199
75$2,760,807$317,243$42,373$2,496,932
76$2,996,252$286,632$0$2,699,426
77$3,254,260$253,066$0$2,921,784
78$3,537,084$216,356$0$3,171,492
79$3,847,209$176,301$0$3,445,322
80$4,187,372$132,687$0$3,745,701
81$4,560,585$85,289$0$4,075,302
82$4,970,168$33,872$0$4,437,071
83$5,419,777$0$0$4,834,253
84$5,913,440$0$0$5,272,103
85$6,455,594$0$0$5,755,840
86$7,051,124$0$0$6,287,216
87$7,705,417$0$0$6,871,038
88$8,424,402$0$0$7,512,599
89$9,214,614$0$0$8,217,731
90$10,083,252$0$0$8,992,861
91$11,038,246$0$0$9,845,067
92$12,088,335$0$0$10,782,149
93$13,243,144$0$0$11,812,698
94$14,513,281$0$0$12,946,183
95$15,910,431$0$0$14,193,035
96$17,447,470$0$0$15,564,744
97$19,138,582$0$0$17,073,975
98$20,999,400$0$0$18,734,678
99$23,047,144$0$0$20,562,227
100$25,300,791$0$0$22,573,559