Can I retire at age 52 with 556,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $556,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$45,914$45,505$45,106$44,717$44,336$42,560
2 years$22,730$22,306$21,896$21,498$21,112$19,346
3 years$15,003$14,577$14,168$13,774$13,395$11,692
4 years$11,140$10,716$10,311$9,924$9,553$7,929
5 years$8,823$8,401$8,002$7,622$7,262$5,719
6 years$7,279$6,860$6,467$6,096$5,746$4,286
7 years$6,176$5,761$5,374$5,011$4,673$3,295
8 years$5,349$4,939$4,557$4,204$3,877$2,580
9 years$4,707$4,300$3,925$3,581$3,265$2,046
10 years$4,193$3,790$3,422$3,087$2,782$1,640
11 years$3,773$3,374$3,013$2,686$2,393$1,324
12 years$3,423$3,028$2,674$2,356$2,073$1,075
13 years$3,128$2,737$2,389$2,080$1,808$878
14 years$2,874$2,488$2,146$1,847$1,585$719
15 years$2,655$2,273$1,938$1,647$1,395$591
16 years$2,463$2,085$1,757$1,475$1,233$487
17 years$2,294$1,920$1,599$1,325$1,094$402
18 years$2,144$1,774$1,459$1,194$972$332
19 years$2,010$1,644$1,336$1,079$867$275
20 years$1,890$1,528$1,226$977$774$228
21 years$1,781$1,423$1,128$887$693$189
22 years$1,682$1,329$1,039$806$621$157
23 years$1,592$1,243$960$734$557$130
24 years$1,509$1,164$888$670$501$108
25 years$1,433$1,093$822$612$451$90
26 years$1,364$1,027$762$559$406$75
27 years$1,299$966$708$512$366$62
28 years$1,239$911$658$469$330$52
29 years$1,184$859$613$430$298$43
30 years$1,132$811$571$395$270$36
31 years$1,083$767$532$363$244$30
32 years$1,038$726$496$333$220$25
33 years$996$687$463$306$199$21
34 years$956$651$433$282$181$17
35 years$918$618$405$260$164$14
36 years$883$586$379$239$148$12
37 years$850$557$354$220$134$10
38 years$818$529$332$203$122$8
39 years$788$503$311$187$110$7
40 years$760$479$291$173$100$6
41 years$733$456$273$159$91$5
42 years$708$434$256$147$82$4
43 years$684$414$241$136$75$3
44 years$661$394$226$125$68$3
45 years$639$376$212$116$62$2
46 years$618$359$199$107$56$2
47 years$598$342$187$99$51$2
48 years$579$327$176$91$46$1
49 years$560$312$165$84$42$1
50 years$543$298$155$78$38$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $556,000, adding $2,466 every year, while hoping to spend $37,956 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: 44/48/8 Blend
51$556,000$556,000$556,000$556,000
52$615,256$585,788$577,170$640,821
53$637,627$574,106$556,120$647,097
54$661,008$560,581$533,093$649,810
55$685,461$545,080$507,982$651,879
56$711,056$527,466$480,677$653,259
57$737,864$507,593$451,061$653,902
58$765,968$485,306$419,012$653,760
59$795,452$460,441$384,405$652,780
60$826,411$432,826$347,105$650,912
61$858,947$402,277$306,976$648,101
62$893,172$368,601$263,872$644,291
63$929,206$331,593$217,642$639,426
64$967,181$291,037$168,129$633,448
65$1,007,240$246,704$115,168$626,298
66$1,049,539$198,353$58,587$617,915
67$1,094,249$145,729$0$608,240
68$1,141,556$88,563$0$597,365
69$1,191,662$26,570$0$590,422
70$1,244,790$0$0$582,362
71$1,301,181$0$0$594,561
72$1,361,101$0$0$622,470
73$1,424,839$0$0$652,194
74$1,492,714$0$0$683,886
75$1,565,071$0$0$717,714
76$1,642,293$0$0$753,861
77$1,724,795$0$0$792,527
78$1,813,034$0$0$833,933
79$1,907,511$0$0$878,320
80$2,008,776$0$0$925,954
81$2,117,430$0$0$977,124
82$2,234,136$0$0$1,032,151
83$2,359,619$0$0$1,091,384
84$2,494,676$0$0$1,155,209
85$2,640,181$0$0$1,224,048
86$2,797,096$0$0$1,298,365
87$2,966,476$0$0$1,378,670
88$3,149,481$0$0$1,465,524
89$3,347,386$0$0$1,559,544
90$3,561,592$0$0$1,661,407
91$3,793,639$0$0$1,771,858
92$4,045,221$0$0$1,891,716
93$4,318,201$0$0$2,021,881
94$4,614,626$0$0$2,163,346
95$4,936,749$0$0$2,317,200
96$5,287,049$0$0$2,484,643
97$5,668,252$0$0$2,666,994
98$6,083,359$0$0$2,865,706
99$6,535,670$0$0$3,082,377
100$7,028,819$0$0$3,318,766