Can I retire at age 52 with 494,000?

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 $494,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$40,794$40,431$40,076$39,730$39,392$37,934
2 years$20,195$19,819$19,454$19,101$18,758$17,306
3 years$13,330$12,952$12,588$12,238$11,901$10,500
4 years$9,898$9,521$9,161$8,817$8,488$7,149
5 years$7,839$7,465$7,109$6,772$6,452$5,178
6 years$6,467$6,095$5,745$5,416$5,106$3,898
7 years$5,487$5,119$4,774$4,453$4,152$3,011
8 years$4,753$4,388$4,049$3,735$3,445$2,368
9 years$4,182$3,820$3,488$3,182$2,901$1,888
10 years$3,726$3,368$3,040$2,743$2,472$1,520
11 years$3,352$2,998$2,677$2,387$2,126$1,234
12 years$3,042$2,691$2,376$2,094$1,842$1,008
13 years$2,779$2,432$2,122$1,848$1,606$827
14 years$2,554$2,210$1,907$1,641$1,408$681
15 years$2,359$2,019$1,722$1,463$1,240$563
16 years$2,189$1,853$1,561$1,310$1,096$467
17 years$2,038$1,706$1,420$1,177$972$387
18 years$1,905$1,577$1,297$1,061$864$322
19 years$1,786$1,461$1,187$959$770$268
20 years$1,679$1,358$1,089$868$688$224
21 years$1,582$1,265$1,002$788$615$187
22 years$1,494$1,181$924$716$552$156
23 years$1,414$1,104$853$652$495$131
24 years$1,341$1,034$789$595$445$109
25 years$1,274$971$730$543$401$91
26 years$1,212$912$677$497$361$77
27 years$1,154$859$629$455$325$64
28 years$1,101$809$585$417$294$54
29 years$1,052$763$544$382$265$45
30 years$1,006$721$507$351$239$38
31 years$963$681$473$322$217$32
32 years$922$645$441$296$196$26
33 years$885$611$412$272$177$22
34 years$849$579$385$250$160$19
35 years$816$549$360$231$145$16
36 years$785$521$336$212$132$13
37 years$755$495$315$196$119$11
38 years$727$470$295$180$108$9
39 years$700$447$276$166$98$8
40 years$675$425$259$153$89$6
41 years$652$405$243$141$81$5
42 years$629$386$228$131$73$5
43 years$607$368$214$121$66$4
44 years$587$350$201$111$60$3
45 years$567$334$188$103$55$3
46 years$549$319$177$95$50$2
47 years$531$304$166$88$45$2
48 years$514$290$156$81$41$2
49 years$498$277$147$75$37$1
50 years$482$265$138$69$34$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $494,000, adding $6,052 every year, while hoping to spend $27,617 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: 48/29/23 Blend
51$494,000$494,000$494,000$494,000
52$550,631$524,449$516,792$573,206
53$577,411$520,762$504,720$585,905
54$605,997$515,970$491,318$596,448
55$636,544$509,988$476,513$607,335
56$669,222$502,728$460,226$618,610
57$704,217$494,096$442,379$630,325
58$741,734$483,993$422,885$642,537
59$781,997$472,315$401,658$655,313
60$825,251$458,950$378,604$668,726
61$871,768$443,779$353,628$682,861
62$921,843$426,679$326,630$697,813
63$975,802$407,517$297,503$713,689
64$1,034,003$386,155$266,138$730,610
65$1,096,838$362,443$232,421$748,712
66$1,164,740$336,227$196,231$768,146
67$1,238,182$307,341$157,444$789,085
68$1,317,687$275,611$115,928$811,720
69$1,403,827$240,852$71,548$836,266
70$1,497,233$202,869$24,160$862,963
71$1,598,598$161,457$0$892,080
72$1,708,685$116,399$0$930,399
73$1,828,333$67,464$0$978,523
74$1,958,463$14,410$0$1,030,930
75$2,100,091$0$0$1,088,079
76$2,254,334$0$0$1,164,206
77$2,422,421$0$0$1,252,227
78$2,605,704$0$0$1,348,259
79$2,805,672$0$0$1,453,088
80$3,023,964$0$0$1,567,579
81$3,262,384$0$0$1,692,686
82$3,522,916$0$0$1,829,458
83$3,807,747$0$0$1,979,051
84$4,119,284$0$0$2,142,736
85$4,460,177$0$0$2,321,914
86$4,833,344$0$0$2,518,128
87$5,241,999$0$0$2,733,077
88$5,689,679$0$0$2,968,630
89$6,180,282$0$0$3,226,849
90$6,718,099$0$0$3,510,001
91$7,307,858$0$0$3,820,586
92$7,954,764$0$0$4,161,357
93$8,664,552$0$0$4,535,345
94$9,443,538$0$0$4,945,890
95$10,298,680$0$0$5,396,671
96$11,237,641$0$0$5,891,740
97$12,268,864$0$0$6,435,561
98$13,401,648$0$0$7,033,052
99$14,646,239$0$0$7,689,630
100$16,013,924$0$0$8,411,265