Can I retire at age 52 with 505,000?

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 $505,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$41,702$41,331$40,969$40,615$40,269$39,296
2 years$20,645$20,260$19,888$19,526$19,176$18,201
3 years$13,626$13,240$12,869$12,511$12,166$11,220
4 years$10,118$9,733$9,365$9,013$8,677$7,767
5 years$8,013$7,631$7,268$6,923$6,596$5,725
6 years$6,611$6,231$5,873$5,536$5,219$4,388
7 years$5,609$5,233$4,881$4,552$4,245$3,453
8 years$4,859$4,486$4,139$3,818$3,521$2,770
9 years$4,275$3,905$3,565$3,252$2,965$2,253
10 years$3,809$3,442$3,108$2,804$2,527$1,852
11 years$3,427$3,065$2,736$2,440$2,173$1,536
12 years$3,109$2,751$2,428$2,140$1,883$1,282
13 years$2,841$2,486$2,170$1,889$1,642$1,076
14 years$2,611$2,260$1,949$1,677$1,439$907
15 years$2,411$2,064$1,760$1,496$1,267$767
16 years$2,237$1,894$1,596$1,339$1,120$651
17 years$2,084$1,744$1,452$1,203$993$554
18 years$1,948$1,612$1,326$1,085$883$472
19 years$1,826$1,494$1,214$980$787$403
20 years$1,716$1,388$1,114$888$703$345
21 years$1,617$1,293$1,024$805$629$295
22 years$1,528$1,207$944$732$564$253
23 years$1,446$1,129$872$667$506$217
24 years$1,371$1,058$806$608$455$186
25 years$1,302$992$747$556$409$160
26 years$1,239$933$693$508$369$138
27 years$1,180$878$643$465$333$118
28 years$1,126$827$598$426$300$102
29 years$1,075$780$556$391$271$88
30 years$1,028$737$518$359$245$76
31 years$984$697$483$329$221$65
32 years$943$659$451$303$200$56
33 years$904$624$421$278$181$48
34 years$868$592$393$256$164$42
35 years$834$561$368$236$149$36
36 years$802$533$344$217$135$31
37 years$772$506$322$200$122$27
38 years$743$481$301$184$111$23
39 years$716$457$282$170$100$20
40 years$690$435$265$157$91$17
41 years$666$414$248$145$83$15
42 years$643$394$233$133$75$13
43 years$621$376$218$123$68$11
44 years$600$358$205$114$62$9
45 years$580$341$193$105$56$8
46 years$561$326$181$97$51$7
47 years$543$311$170$90$46$6
48 years$526$297$160$83$42$5
49 years$509$283$150$77$38$5
50 years$493$271$141$71$35$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $505,000, adding $6,376 every year, while hoping to spend $28,890 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: 55/22/23 Blend
51$505,000$505,000$505,000$505,000
52$563,087$536,322$528,494$590,195
53$589,783$531,863$515,460$605,031
54$618,234$526,217$501,021$617,612
55$648,588$519,296$485,100$630,702
56$681,008$511,006$467,614$644,359
57$715,672$501,246$448,481$658,648
58$752,776$489,912$427,610$673,642
59$792,533$476,892$404,909$689,422
60$835,180$462,068$380,282$706,082
61$880,973$445,315$353,627$723,725
62$930,197$426,499$324,837$742,466
63$983,161$405,482$293,803$762,436
64$1,040,207$382,114$260,410$783,779
65$1,101,710$356,240$224,535$806,659
66$1,168,081$327,693$186,054$831,256
67$1,239,774$296,298$144,835$857,774
68$1,317,284$261,869$100,740$886,437
69$1,401,158$224,212$53,626$917,499
70$1,491,997$183,120$3,344$951,239
71$1,590,461$138,373$0$987,971
72$1,697,277$89,742$0$1,040,391
73$1,813,242$36,982$0$1,098,217
74$1,939,235$0$0$1,161,100
75$2,076,222$0$0$1,234,443
76$2,225,266$0$0$1,324,024
77$2,387,537$0$0$1,421,598
78$2,564,321$0$0$1,527,944
79$2,757,035$0$0$1,643,920
80$2,967,236$0$0$1,770,469
81$3,196,642$0$0$1,908,630
82$3,447,139$0$0$2,059,548
83$3,720,806$0$0$2,224,480
84$4,019,933$0$0$2,404,814
85$4,347,038$0$0$2,602,074
86$4,704,896$0$0$2,817,943
87$5,096,560$0$0$3,054,270
88$5,525,395$0$0$3,313,092
89$5,995,104$0$0$3,596,653
90$6,509,767$0$0$3,907,425
91$7,073,874$0$0$4,248,129
92$7,692,374$0$0$4,621,762
93$8,370,715$0$0$5,031,626
94$9,114,899$0$0$5,481,358
95$9,931,537$0$0$5,974,962
96$10,827,910$0$0$6,516,850
97$11,812,038$0$0$7,111,883
98$12,892,757$0$0$7,765,414
99$14,079,801$0$0$8,483,341
100$15,383,890$0$0$9,272,161