Can I retire at age 52 with 502,000?

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 $502,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$41,455$41,085$40,725$40,374$40,030$39,254
2 years$20,522$20,140$19,770$19,410$19,062$18,283
3 years$13,546$13,162$12,792$12,436$12,094$11,337
4 years$10,058$9,675$9,309$8,960$8,625$7,896
5 years$7,966$7,585$7,224$6,882$6,557$5,857
6 years$6,572$6,194$5,838$5,504$5,188$4,518
7 years$5,576$5,202$4,852$4,525$4,219$3,580
8 years$4,830$4,459$4,115$3,796$3,500$2,891
9 years$4,250$3,882$3,544$3,233$2,948$2,369
10 years$3,786$3,422$3,090$2,787$2,512$1,962
11 years$3,407$3,046$2,720$2,425$2,160$1,639
12 years$3,091$2,734$2,414$2,127$1,872$1,379
13 years$2,824$2,471$2,157$1,878$1,632$1,166
14 years$2,595$2,246$1,938$1,667$1,431$991
15 years$2,397$2,052$1,750$1,487$1,260$846
16 years$2,224$1,883$1,586$1,331$1,114$724
17 years$2,071$1,734$1,443$1,196$987$621
18 years$1,936$1,602$1,318$1,078$878$534
19 years$1,815$1,485$1,206$974$782$460
20 years$1,706$1,380$1,107$882$699$397
21 years$1,608$1,285$1,018$801$625$343
22 years$1,519$1,200$939$728$561$297
23 years$1,437$1,122$867$663$503$257
24 years$1,363$1,051$801$605$452$223
25 years$1,294$987$742$552$407$193
26 years$1,231$927$688$505$367$168
27 years$1,173$873$639$462$331$146
28 years$1,119$822$594$423$298$127
29 years$1,069$776$553$388$269$110
30 years$1,022$733$515$356$243$96
31 years$978$693$480$327$220$83
32 years$937$655$448$301$199$73
33 years$899$621$418$277$180$63
34 years$863$588$391$255$163$55
35 years$829$558$365$234$148$48
36 years$797$529$342$216$134$42
37 years$767$503$320$199$121$36
38 years$739$478$300$183$110$32
39 years$712$454$281$169$100$28
40 years$686$432$263$156$90$24
41 years$662$412$247$144$82$21
42 years$639$392$231$133$74$18
43 years$617$373$217$122$68$16
44 years$596$356$204$113$61$14
45 years$577$339$191$104$56$12
46 years$558$324$180$96$51$11
47 years$540$309$169$89$46$9
48 years$522$295$159$82$42$8
49 years$506$282$149$76$38$7
50 years$490$269$140$70$34$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $502,000, adding $3,591 every year, while hoping to spend $40,599 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: 66/16/18 Blend
51$502,000$502,000$502,000$502,000
52$556,908$530,302$522,521$590,960
53$570,516$513,090$496,829$596,997
54$584,151$493,674$468,915$598,572
55$597,773$471,902$438,662$599,312
56$611,336$447,616$405,948$599,133
57$624,790$420,647$370,645$597,945
58$638,076$390,816$332,619$595,652
59$651,128$357,934$291,729$592,149
60$663,872$321,802$247,831$587,320
61$676,226$282,209$200,772$581,043
62$688,095$238,932$150,393$573,182
63$699,377$191,735$96,527$563,591
64$709,953$140,371$39,001$552,112
65$719,695$84,575$0$538,571
66$728,456$24,072$0$527,083
67$736,075$0$0$521,416
68$742,369$0$0$521,184
69$747,140$0$0$524,063
70$750,161$0$0$525,651
71$751,186$0$0$525,767
72$749,937$0$0$524,211
73$746,108$0$0$520,757
74$739,358$0$0$515,158
75$729,310$0$0$507,138
76$715,545$0$0$496,392
77$697,598$0$0$482,582
78$674,957$0$0$465,334
79$647,052$0$0$444,232
80$613,254$0$0$418,819
81$572,863$0$0$388,585
82$525,111$0$0$352,969
83$469,143$0$0$311,350
84$404,016$0$0$263,042
85$328,687$0$0$207,283
86$242,004$0$0$143,235
87$142,692$0$0$69,972
88$29,345$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