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%11.1%
1 years$45,418$45,014$44,619$44,234$43,858$43,655
2 years$22,484$22,066$21,660$21,266$20,885$20,680
3 years$14,841$14,420$14,015$13,626$13,250$13,049
4 years$11,020$10,600$10,200$9,816$9,450$9,255
5 years$8,728$8,311$7,915$7,540$7,184$6,996
6 years$7,200$6,786$6,397$6,030$5,684$5,503
7 years$6,109$5,699$5,316$4,957$4,623$4,448
8 years$5,292$4,885$4,508$4,159$3,835$3,668
9 years$4,656$4,254$3,883$3,542$3,230$3,069
10 years$4,148$3,749$3,385$3,053$2,752$2,598
11 years$3,732$3,338$2,980$2,657$2,367$2,220
12 years$3,386$2,996$2,645$2,331$2,051$1,910
13 years$3,094$2,707$2,363$2,058$1,788$1,654
14 years$2,843$2,461$2,123$1,827$1,568$1,440
15 years$2,626$2,248$1,917$1,629$1,380$1,259
16 years$2,437$2,063$1,738$1,459$1,220$1,104
17 years$2,270$1,900$1,582$1,311$1,082$972
18 years$2,121$1,755$1,444$1,181$962$858
19 years$1,989$1,627$1,322$1,067$857$758
20 years$1,869$1,512$1,213$967$766$672
21 years$1,762$1,408$1,116$877$685$597
22 years$1,664$1,314$1,028$798$614$531
23 years$1,575$1,229$949$726$551$472
24 years$1,493$1,152$878$663$496$421
25 years$1,418$1,081$813$605$446$376
26 years$1,349$1,016$754$553$402$336
27 years$1,285$956$700$506$362$300
28 years$1,226$901$651$464$327$268
29 years$1,171$850$606$425$295$240
30 years$1,120$803$564$390$267$215
31 years$1,072$759$526$359$241$193
32 years$1,027$718$491$330$218$173
33 years$985$680$458$303$197$155
34 years$946$644$428$279$179$139
35 years$908$611$400$257$162$125
36 years$874$580$375$236$147$112
37 years$841$551$351$218$133$101
38 years$809$524$328$201$120$90
39 years$780$498$308$185$109$81
40 years$752$474$288$171$99$73
41 years$725$451$270$158$90$66
42 years$700$429$254$145$82$59
43 years$676$409$238$134$74$53
44 years$653$390$223$124$67$48
45 years$632$372$210$114$61$43
46 years$611$355$197$106$55$39
47 years$591$339$185$98$50$35
48 years$572$323$174$90$46$31
49 years$554$309$163$83$41$28
50 years$537$295$154$77$38$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $550,000, adding $5,081 every year, while hoping to spend $20,034 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: 37/41/22 Blend
51$550,000$550,000$550,000$550,000
52$611,341$582,191$573,666$629,755
53$652,382$589,402$571,568$650,845
54$696,937$596,296$568,728$671,375
55$745,345$602,834$565,100$693,145
56$797,975$608,978$560,637$716,279
57$855,238$614,687$555,286$740,914
58$917,580$619,915$548,997$767,202
59$985,498$624,615$541,713$795,311
60$1,059,534$628,737$533,376$825,428
61$1,140,288$632,226$523,925$857,761
62$1,228,418$635,026$513,297$892,539
63$1,324,650$637,076$501,426$930,017
64$1,429,781$638,310$488,241$970,476
65$1,544,692$638,660$473,670$1,014,229
66$1,670,350$638,053$457,637$1,061,622
67$1,807,819$636,412$440,062$1,113,037
68$1,958,274$633,653$420,861$1,168,899
69$2,123,007$629,691$399,949$1,229,677
70$2,303,439$624,431$377,232$1,295,892
71$2,501,137$617,776$352,617$1,368,116
72$2,717,828$609,621$326,004$1,446,988
73$2,955,410$599,856$297,289$1,533,210
74$3,215,977$588,365$266,364$1,627,561
75$3,501,834$575,022$233,115$1,730,902
76$3,815,520$559,697$197,423$1,844,185
77$4,159,832$542,251$159,165$1,968,462
78$4,537,850$522,537$118,213$2,104,897
79$4,952,969$500,399$74,430$2,254,776
80$5,408,925$475,672$27,677$2,419,521
81$5,909,837$448,182$0$2,600,702
82$6,460,243$417,745$0$2,805,270
83$7,065,139$384,166$0$3,037,201
84$7,730,033$347,239$0$3,292,146
85$8,460,989$306,747$0$3,572,486
86$9,264,691$262,459$0$3,880,846
87$10,148,502$214,132$0$4,220,124
88$11,120,535$161,510$0$4,593,516
89$12,189,727$104,321$0$5,004,549
90$13,365,926$42,280$0$5,457,117
91$14,659,982$0$0$5,955,511
92$16,083,849$0$0$6,515,711
93$17,650,701$0$0$7,153,246
94$19,375,049$0$0$7,854,957
95$21,272,886$0$0$8,627,363
96$23,361,833$0$0$9,477,647
97$25,661,304$0$0$10,413,724
98$28,192,693$0$0$11,444,316
99$30,979,573$0$0$12,579,033
100$34,047,918$0$0$13,828,464