Can I retire at age 52 with 508,000?

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 $508,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$41,950$41,576$41,212$40,856$40,509$39,291
2 years$20,767$20,381$20,006$19,642$19,290$18,073
3 years$13,707$13,319$12,945$12,585$12,238$11,061
4 years$10,178$9,791$9,421$9,067$8,728$7,599
5 years$8,061$7,676$7,311$6,964$6,635$5,557
6 years$6,650$6,268$5,908$5,569$5,250$4,225
7 years$5,643$5,264$4,910$4,579$4,270$3,297
8 years$4,888$4,512$4,164$3,841$3,542$2,621
9 years$4,301$3,929$3,586$3,272$2,983$2,112
10 years$3,831$3,463$3,127$2,820$2,542$1,720
11 years$3,447$3,083$2,753$2,454$2,186$1,413
12 years$3,128$2,767$2,443$2,153$1,894$1,168
13 years$2,858$2,501$2,183$1,901$1,652$970
14 years$2,626$2,273$1,961$1,687$1,448$809
15 years$2,426$2,076$1,771$1,505$1,275$677
16 years$2,251$1,905$1,605$1,347$1,127$569
17 years$2,096$1,754$1,461$1,211$999$478
18 years$1,959$1,621$1,333$1,091$888$403
19 years$1,837$1,503$1,221$986$792$341
20 years$1,727$1,396$1,120$893$707$288
21 years$1,627$1,301$1,030$810$633$244
22 years$1,537$1,214$950$737$567$207
23 years$1,454$1,135$877$671$509$175
24 years$1,379$1,064$811$612$458$149
25 years$1,310$998$751$559$412$126
26 years$1,246$938$697$511$371$107
27 years$1,187$883$647$468$335$91
28 years$1,132$832$601$429$302$77
29 years$1,081$785$560$393$273$66
30 years$1,034$741$521$361$246$56
31 years$990$701$486$331$223$48
32 years$949$663$453$304$201$41
33 years$910$628$423$280$182$35
34 years$873$595$396$258$165$29
35 years$839$564$370$237$149$25
36 years$807$536$346$218$135$21
37 years$776$509$324$201$123$18
38 years$748$484$303$185$111$15
39 years$720$460$284$171$101$13
40 years$695$438$266$158$92$11
41 years$670$416$250$146$83$10
42 years$647$397$234$134$75$8
43 years$625$378$220$124$68$7
44 years$604$360$206$114$62$6
45 years$584$344$194$106$56$5
46 years$564$328$182$98$51$4
47 years$546$313$171$90$46$4
48 years$529$299$161$83$42$3
49 years$512$285$151$77$38$3
50 years$496$272$142$71$35$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $508,000, adding $2,607 every year, while hoping to spend $24,802 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: 60/34/6 Blend
51$508,000$508,000$508,000$508,000
52$562,505$535,581$527,707$595,457
53$593,492$535,435$518,996$617,676
54$626,807$534,451$509,162$638,810
55$662,664$532,562$498,141$661,229
56$701,293$529,695$485,867$685,058
57$742,950$525,775$472,269$710,433
58$787,916$520,723$457,274$737,508
59$836,497$514,452$440,806$766,449
60$889,032$506,872$422,786$797,445
61$945,893$497,889$403,129$830,700
62$1,007,488$487,399$381,748$866,445
63$1,074,267$475,297$358,552$904,933
64$1,146,724$461,469$333,445$946,443
65$1,225,403$445,793$306,328$991,286
66$1,310,900$428,144$277,096$1,039,806
67$1,403,875$408,385$245,642$1,092,382
68$1,505,049$386,375$211,850$1,149,436
69$1,615,220$361,963$175,602$1,211,432
70$1,735,262$334,990$136,775$1,278,885
71$1,866,141$305,286$95,239$1,352,365
72$2,008,917$272,674$50,859$1,432,501
73$2,164,757$236,966$3,493$1,519,989
74$2,334,947$197,963$0$1,615,600
75$2,520,902$155,453$0$1,723,197
76$2,724,180$109,217$0$1,841,143
77$2,946,496$59,018$0$1,970,265
78$3,189,739$4,610$0$2,111,723
79$3,455,987$0$0$2,266,798
80$3,747,531$0$0$2,457,212
81$4,066,892$0$0$2,667,722
82$4,416,846$0$0$2,898,441
83$4,800,453$0$0$3,151,390
84$5,221,079$0$0$3,428,794
85$5,682,436$0$0$3,733,106
86$6,188,608$0$0$4,067,028
87$6,744,097$0$0$4,433,533
88$7,353,859$0$0$4,835,900
89$8,023,356$0$0$5,277,737
90$8,758,603$0$0$5,763,022
91$9,566,226$0$0$6,296,135
92$10,453,526$0$0$6,881,902
93$11,428,543$0$0$7,525,640
94$12,500,139$0$0$8,233,205
95$13,678,072$0$0$9,011,050
96$14,973,097$0$0$9,866,285
97$16,397,060$0$0$10,806,740
98$17,963,013$0$0$11,841,046
99$19,685,337$0$0$12,978,710
100$21,579,877$0$0$14,230,206