Can I retire at age 52 with 516,000?

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 $516,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$42,611$42,231$41,861$41,499$41,147$40,119
2 years$21,094$20,702$20,321$19,952$19,594$18,565
3 years$13,923$13,529$13,149$12,783$12,431$11,434
4 years$10,338$9,945$9,569$9,210$8,866$7,907
5 years$8,188$7,797$7,426$7,074$6,740$5,822
6 years$6,755$6,367$6,001$5,657$5,333$4,458
7 years$5,732$5,347$4,987$4,651$4,337$3,504
8 years$4,965$4,583$4,229$3,902$3,598$2,807
9 years$4,368$3,991$3,643$3,323$3,030$2,280
10 years$3,891$3,517$3,176$2,865$2,582$1,872
11 years$3,502$3,131$2,796$2,493$2,220$1,550
12 years$3,177$2,811$2,481$2,187$1,924$1,292
13 years$2,903$2,540$2,217$1,931$1,678$1,083
14 years$2,668$2,309$1,992$1,714$1,471$912
15 years$2,464$2,109$1,798$1,528$1,295$770
16 years$2,286$1,935$1,631$1,369$1,145$653
17 years$2,129$1,782$1,484$1,230$1,015$554
18 years$1,990$1,647$1,354$1,108$902$472
19 years$1,866$1,526$1,240$1,001$804$402
20 years$1,754$1,418$1,138$907$718$344
21 years$1,653$1,321$1,047$823$643$294
22 years$1,561$1,233$965$748$576$251
23 years$1,477$1,153$891$682$517$215
24 years$1,401$1,081$824$622$465$185
25 years$1,330$1,014$763$568$418$158
26 years$1,266$953$708$519$377$136
27 years$1,206$897$657$475$340$117
28 years$1,150$845$611$435$307$100
29 years$1,098$797$568$399$277$86
30 years$1,050$753$529$366$250$74
31 years$1,005$712$494$336$226$64
32 years$963$674$461$309$205$55
33 years$924$638$430$284$185$47
34 years$887$605$402$262$168$41
35 years$852$573$376$241$152$35
36 years$820$544$351$222$138$30
37 years$789$517$329$204$125$26
38 years$759$491$308$188$113$22
39 years$732$467$289$174$102$19
40 years$705$444$270$160$93$17
41 years$681$423$254$148$84$14
42 years$657$403$238$136$77$12
43 years$634$384$223$126$69$11
44 years$613$366$210$116$63$9
45 years$593$349$197$107$57$8
46 years$573$333$185$99$52$7
47 years$555$318$174$92$47$6
48 years$537$303$163$85$43$5
49 years$520$290$153$78$39$4
50 years$504$277$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 $516,000, adding $5,009 every year, while hoping to spend $31,226 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: 61/32/7 Blend
51$516,000$516,000$516,000$516,000
52$573,799$546,451$538,453$607,691
53$599,102$540,003$523,267$624,518
54$625,940$532,192$506,525$638,810
55$654,435$522,919$488,144$653,609
56$684,724$512,078$468,033$668,965
57$716,953$499,558$446,099$684,933
58$751,285$485,239$422,246$701,574
59$787,897$468,996$396,372$718,959
60$826,982$450,697$368,371$737,166
61$868,754$430,201$338,131$756,283
62$913,445$407,359$305,537$776,407
63$961,312$382,014$270,467$797,650
64$1,012,633$354,001$232,795$820,135
65$1,067,718$323,143$192,390$844,000
66$1,126,902$289,254$149,112$869,401
67$1,190,557$252,138$102,818$896,508
68$1,259,090$211,589$53,358$925,517
69$1,332,946$167,385$575$956,641
70$1,412,616$119,297$0$990,122
71$1,498,640$67,080$0$1,030,392
72$1,591,609$10,474$0$1,073,900
73$1,692,174$0$0$1,120,952
74$1,801,051$0$0$1,189,815
75$1,919,026$0$0$1,268,462
76$2,046,964$0$0$1,353,786
77$2,185,816$0$0$1,446,425
78$2,336,627$0$0$1,547,081
79$2,500,549$0$0$1,656,528
80$2,678,847$0$0$1,775,615
81$2,872,914$0$0$1,905,278
82$3,084,281$0$0$2,046,545
83$3,314,635$0$0$2,200,551
84$3,565,831$0$0$2,368,540
85$3,839,913$0$0$2,551,886
86$4,139,127$0$0$2,752,098
87$4,465,948$0$0$2,970,840
88$4,823,102$0$0$3,209,940
89$5,213,586$0$0$3,471,416
90$5,640,703$0$0$3,757,485
91$6,108,089$0$0$4,070,590
92$6,619,747$0$0$4,413,423
93$7,180,087$0$0$4,788,944
94$7,793,963$0$0$5,200,418
95$8,466,721$0$0$5,651,436
96$9,204,251$0$0$6,145,956
97$10,013,037$0$0$6,688,337
98$10,900,223$0$0$7,283,378
99$11,873,677$0$0$7,936,368
100$12,942,064$0$0$8,653,131