Can I retire at age 52 with 514,000?

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 $514,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$42,446$42,068$41,699$41,339$40,987$40,012
2 years$21,013$20,621$20,242$19,874$19,518$18,541
3 years$13,869$13,476$13,098$12,734$12,383$11,436
4 years$10,298$9,906$9,532$9,174$8,832$7,920
5 years$8,156$7,767$7,397$7,046$6,714$5,841
6 years$6,729$6,342$5,978$5,635$5,312$4,480
7 years$5,709$5,326$4,968$4,633$4,320$3,527
8 years$4,945$4,566$4,213$3,886$3,584$2,831
9 years$4,351$3,975$3,629$3,310$3,018$2,304
10 years$3,876$3,504$3,164$2,854$2,572$1,895
11 years$3,488$3,119$2,785$2,483$2,212$1,572
12 years$3,165$2,800$2,472$2,178$1,917$1,313
13 years$2,891$2,530$2,208$1,923$1,671$1,103
14 years$2,657$2,300$1,984$1,707$1,465$930
15 years$2,454$2,101$1,791$1,522$1,290$787
16 years$2,277$1,928$1,624$1,363$1,140$669
17 years$2,121$1,775$1,478$1,225$1,011$569
18 years$1,982$1,640$1,349$1,104$899$486
19 years$1,858$1,520$1,235$997$801$415
20 years$1,747$1,413$1,134$903$716$355
21 years$1,646$1,316$1,043$820$640$304
22 years$1,555$1,228$961$745$574$261
23 years$1,472$1,149$887$679$515$224
24 years$1,395$1,076$821$619$463$193
25 years$1,325$1,010$760$565$417$166
26 years$1,261$949$705$517$375$143
27 years$1,201$893$655$473$338$123
28 years$1,146$842$608$434$305$106
29 years$1,094$794$566$398$276$91
30 years$1,046$750$527$365$249$79
31 years$1,002$709$492$335$225$68
32 years$960$671$459$308$204$58
33 years$920$635$428$283$184$50
34 years$884$602$400$261$167$43
35 years$849$571$374$240$151$37
36 years$816$542$350$221$137$32
37 years$786$515$328$204$124$28
38 years$756$489$307$188$113$24
39 years$729$465$287$173$102$21
40 years$703$443$269$160$93$18
41 years$678$421$253$147$84$15
42 years$654$401$237$136$76$13
43 years$632$382$222$125$69$12
44 years$611$364$209$116$63$10
45 years$590$348$196$107$57$9
46 years$571$332$184$99$52$7
47 years$553$316$173$91$47$6
48 years$535$302$163$84$43$6
49 years$518$288$153$78$39$5
50 years$502$276$144$72$35$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $514,000, adding $3,652 every year, while hoping to spend $31,194 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: 32/44/24 Blend
51$514,000$514,000$514,000$514,000
52$570,195$542,953$534,986$584,142
53$595,165$536,368$519,718$588,421
54$621,636$528,414$502,893$589,977
55$649,729$518,992$484,426$591,021
56$679,575$507,996$464,227$591,530
57$711,317$495,314$442,205$591,479
58$745,114$480,827$418,261$590,845
59$781,137$464,409$392,295$589,606
60$819,576$445,928$364,199$587,740
61$860,636$425,241$333,863$585,228
62$904,544$402,202$301,171$582,052
63$951,549$376,651$266,001$578,197
64$1,001,922$348,422$228,228$573,651
65$1,055,964$317,340$187,719$568,406
66$1,114,000$283,218$144,336$562,456
67$1,176,392$245,859$97,935$555,802
68$1,243,533$205,056$48,365$548,451
69$1,315,859$160,589$0$540,415
70$1,393,844$112,225$0$532,876
71$1,478,012$59,721$0$537,994
72$1,568,939$2,816$0$543,454
73$1,667,255$0$0$549,352
74$1,773,655$0$0$584,251
75$1,888,903$0$0$623,594
76$2,013,838$0$0$666,312
77$2,149,383$0$0$712,729
78$2,296,552$0$0$763,203
79$2,456,463$0$0$818,124
80$2,630,343$0$0$877,925
81$2,819,543$0$0$943,081
82$3,025,550$0$0$1,014,114
83$3,250,000$0$0$1,091,601
84$3,494,693$0$0$1,176,173
85$3,761,610$0$0$1,268,528
86$4,052,932$0$0$1,369,434
87$4,371,059$0$0$1,479,735
88$4,718,635$0$0$1,600,362
89$5,098,567$0$0$1,732,337
90$5,514,060$0$0$1,876,789
91$5,968,639$0$0$2,034,960
92$6,466,187$0$0$2,208,216
93$7,010,982$0$0$2,398,064
94$7,607,730$0$0$2,606,161
95$8,261,618$0$0$2,834,334
96$8,978,356$0$0$3,084,595
97$9,764,235$0$0$3,359,159
98$10,626,180$0$0$3,660,466
99$11,571,823$0$0$3,991,205
100$12,609,568$0$0$4,354,336