Can I retire at age 52 with 550,000?

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 $550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$45,418$45,014$44,619$44,234$43,858$43,274
2 years$22,484$22,066$21,660$21,266$20,885$20,297
3 years$14,841$14,420$14,015$13,626$13,250$12,678
4 years$11,020$10,600$10,200$9,816$9,450$8,897
5 years$8,728$8,311$7,915$7,540$7,184$6,651
6 years$7,200$6,786$6,397$6,030$5,684$5,173
7 years$6,109$5,699$5,316$4,957$4,623$4,134
8 years$5,292$4,885$4,508$4,159$3,835$3,367
9 years$4,656$4,254$3,883$3,542$3,230$2,783
10 years$4,148$3,749$3,385$3,053$2,752$2,327
11 years$3,732$3,338$2,980$2,657$2,367$1,962
12 years$3,386$2,996$2,645$2,331$2,051$1,667
13 years$3,094$2,707$2,363$2,058$1,788$1,424
14 years$2,843$2,461$2,123$1,827$1,568$1,222
15 years$2,626$2,248$1,917$1,629$1,380$1,053
16 years$2,437$2,063$1,738$1,459$1,220$911
17 years$2,270$1,900$1,582$1,311$1,082$790
18 years$2,121$1,755$1,444$1,181$962$687
19 years$1,989$1,627$1,322$1,067$857$598
20 years$1,869$1,512$1,213$967$766$522
21 years$1,762$1,408$1,116$877$685$456
22 years$1,664$1,314$1,028$798$614$400
23 years$1,575$1,229$949$726$551$350
24 years$1,493$1,152$878$663$496$307
25 years$1,418$1,081$813$605$446$270
26 years$1,349$1,016$754$553$402$237
27 years$1,285$956$700$506$362$208
28 years$1,226$901$651$464$327$183
29 years$1,171$850$606$425$295$161
30 years$1,120$803$564$390$267$142
31 years$1,072$759$526$359$241$125
32 years$1,027$718$491$330$218$110
33 years$985$680$458$303$197$97
34 years$946$644$428$279$179$86
35 years$908$611$400$257$162$75
36 years$874$580$375$236$147$67
37 years$841$551$351$218$133$59
38 years$809$524$328$201$120$52
39 years$780$498$308$185$109$46
40 years$752$474$288$171$99$40
41 years$725$451$270$158$90$36
42 years$700$429$254$145$82$31
43 years$676$409$238$134$74$28
44 years$653$390$223$124$67$25
45 years$632$372$210$114$61$22
46 years$611$355$197$106$55$19
47 years$591$339$185$98$50$17
48 years$572$323$174$90$46$15
49 years$554$309$163$83$41$13
50 years$537$295$154$77$38$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $550,000, adding $5,465 every year, while hoping to spend $40,528 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: 68/11/21 Blend
51$550,000$550,000$550,000$550,000
52$611,737$582,587$574,062$649,767
53$631,013$568,012$550,172$661,332
54$650,896$551,365$524,123$668,768
55$671,407$532,501$495,800$675,929
56$692,564$511,268$465,083$682,785
57$714,389$487,503$431,846$689,306
58$736,902$461,036$395,959$695,459
59$760,125$431,686$357,282$701,210
60$784,081$399,261$315,674$706,524
61$808,792$363,560$270,985$711,361
62$834,284$324,369$223,057$715,681
63$860,579$281,462$171,728$719,442
64$887,705$234,601$116,828$722,597
65$915,687$183,532$58,178$725,100
66$944,552$127,990$0$726,900
67$974,329$67,694$0$728,931
68$1,005,046$2,347$0$744,125
69$1,036,733$0$0$759,418
70$1,069,422$0$0$783,070
71$1,103,143$0$0$807,763
72$1,137,930$0$0$833,236
73$1,173,816$0$0$859,514
74$1,210,838$0$0$886,623
75$1,249,030$0$0$914,590
76$1,288,430$0$0$943,442
77$1,329,077$0$0$973,206
78$1,371,011$0$0$1,003,913
79$1,414,273$0$0$1,035,592
80$1,458,905$0$0$1,068,275
81$1,504,951$0$0$1,101,994
82$1,552,458$0$0$1,136,782
83$1,601,470$0$0$1,172,673
84$1,652,038$0$0$1,209,704
85$1,704,212$0$0$1,247,910
86$1,758,042$0$0$1,287,330
87$1,813,583$0$0$1,328,003
88$1,870,891$0$0$1,369,969
89$1,930,021$0$0$1,413,271
90$1,991,035$0$0$1,457,953
91$2,053,993$0$0$1,504,058
92$2,118,958$0$0$1,551,634
93$2,185,997$0$0$1,600,729
94$2,255,177$0$0$1,651,393
95$2,326,569$0$0$1,703,677
96$2,400,246$0$0$1,757,636
97$2,476,284$0$0$1,813,323
98$2,554,761$0$0$1,870,798
99$2,635,758$0$0$1,930,120
100$2,719,360$0$0$1,991,350