Can I retire at age 52 with 506,000?

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 $506,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$41,785$41,413$41,050$40,695$40,349$40,095
2 years$20,686$20,300$19,927$19,565$19,214$18,957
3 years$13,653$13,267$12,894$12,535$12,190$11,939
4 years$10,138$9,752$9,384$9,031$8,694$8,451
5 years$8,029$7,646$7,282$6,937$6,609$6,374
6 years$6,624$6,243$5,885$5,547$5,230$5,003
7 years$5,621$5,243$4,890$4,561$4,253$4,036
8 years$4,868$4,494$4,147$3,826$3,528$3,320
9 years$4,284$3,913$3,572$3,259$2,971$2,772
10 years$3,816$3,449$3,114$2,809$2,532$2,341
11 years$3,434$3,071$2,742$2,445$2,177$1,995
12 years$3,115$2,756$2,433$2,144$1,887$1,713
13 years$2,846$2,491$2,174$1,893$1,645$1,479
14 years$2,616$2,264$1,953$1,681$1,442$1,284
15 years$2,416$2,068$1,764$1,499$1,270$1,120
16 years$2,242$1,898$1,599$1,342$1,122$980
17 years$2,088$1,748$1,455$1,206$995$860
18 years$1,951$1,615$1,328$1,087$885$757
19 years$1,829$1,497$1,216$982$789$667
20 years$1,720$1,391$1,116$889$704$590
21 years$1,621$1,295$1,026$807$630$522
22 years$1,531$1,209$946$734$565$463
23 years$1,449$1,131$873$668$507$411
24 years$1,374$1,060$808$610$456$365
25 years$1,305$994$748$557$410$325
26 years$1,241$935$694$509$370$289
27 years$1,182$880$644$466$333$258
28 years$1,128$829$599$427$301$230
29 years$1,077$782$557$391$271$205
30 years$1,030$738$519$359$245$183
31 years$986$698$484$330$222$163
32 years$945$660$452$303$201$146
33 years$906$625$422$279$182$131
34 years$870$593$394$257$164$117
35 years$836$562$368$236$149$104
36 years$804$534$345$218$135$93
37 years$773$507$323$200$122$84
38 years$745$482$302$185$111$75
39 years$717$458$283$170$101$67
40 years$692$436$265$157$91$60
41 years$667$415$249$145$83$54
42 years$644$395$233$134$75$48
43 years$622$376$219$123$68$43
44 years$601$359$205$114$62$39
45 years$581$342$193$105$56$35
46 years$562$326$181$97$51$31
47 years$544$312$170$90$46$28
48 years$527$297$160$83$42$25
49 years$510$284$150$77$38$22
50 years$494$271$141$71$35$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $506,000, adding $2,007 every year, while hoping to spend $26,214 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: 58/35/7 Blend
51$506,000$506,000$506,000$506,000
52$559,682$532,864$525,021$591,187
53$588,878$531,083$514,718$610,806
54$620,174$528,336$503,191$629,035
55$653,755$524,548$490,371$648,252
56$689,827$519,640$476,188$668,553
57$728,614$513,527$460,565$690,046
58$770,363$506,120$443,424$712,848
59$815,344$497,324$424,682$737,094
60$863,855$487,038$404,255$762,929
61$916,222$475,157$382,052$790,517
62$972,805$461,568$357,979$820,041
63$1,033,997$446,152$331,937$851,700
64$1,100,234$428,782$303,826$885,719
65$1,171,991$409,325$273,537$922,345
66$1,249,792$387,640$240,959$961,854
67$1,334,214$363,578$205,974$1,004,551
68$1,425,891$336,980$168,461$1,050,775
69$1,525,519$307,680$128,293$1,100,900
70$1,633,867$275,501$85,335$1,155,343
71$1,751,778$240,257$39,450$1,214,565
72$1,880,180$201,750$0$1,279,076
73$2,020,096$159,773$0$1,350,153
74$2,172,649$114,106$0$1,430,902
75$2,339,078$64,515$0$1,519,080
76$2,520,744$10,757$0$1,615,467
77$2,719,147$0$0$1,720,927
78$2,935,937$0$0$1,854,680
79$3,172,933$0$0$2,005,470
80$3,432,134$0$0$2,170,431
81$3,715,744$0$0$2,350,971
82$4,026,189$0$0$2,548,639
83$4,366,139$0$0$2,765,142
84$4,738,536$0$0$3,002,360
85$5,146,620$0$0$3,262,362
86$5,593,959$0$0$3,547,427
87$6,084,481$0$0$3,860,067
88$6,622,514$0$0$4,203,047
89$7,212,825$0$0$4,579,411
90$7,860,665$0$0$4,992,516
91$8,571,816$0$0$5,446,057
92$9,352,650$0$0$5,944,104
93$10,210,184$0$0$6,491,143
94$11,152,149$0$0$7,092,113
95$12,187,060$0$0$7,752,457
96$13,324,301$0$0$8,478,169
97$14,574,206$0$0$9,275,855
98$15,948,162$0$0$10,152,792
99$17,458,715$0$0$11,116,997
100$19,119,684$0$0$12,177,302