Can I retire at age 52 with 562,000?

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 $562,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$46,409$45,996$45,593$45,199$44,815$44,365
2 years$22,975$22,547$22,132$21,730$21,340$20,888
3 years$15,164$14,735$14,321$13,923$13,539$13,097
4 years$11,260$10,832$10,422$10,031$9,656$9,228
5 years$8,918$8,492$8,088$7,704$7,341$6,928
6 years$7,357$6,934$6,536$6,161$5,808$5,412
7 years$6,243$5,824$5,432$5,066$4,724$4,344
8 years$5,407$4,992$4,607$4,249$3,919$3,555
9 years$4,758$4,346$3,968$3,620$3,300$2,952
10 years$4,238$3,831$3,459$3,120$2,812$2,480
11 years$3,814$3,411$3,045$2,715$2,418$2,102
12 years$3,460$3,061$2,703$2,382$2,096$1,794
13 years$3,161$2,766$2,415$2,103$1,827$1,541
14 years$2,905$2,515$2,170$1,867$1,602$1,330
15 years$2,684$2,297$1,959$1,665$1,410$1,152
16 years$2,490$2,108$1,776$1,491$1,247$1,002
17 years$2,319$1,941$1,616$1,339$1,105$874
18 years$2,167$1,794$1,475$1,207$983$764
19 years$2,032$1,662$1,350$1,091$876$670
20 years$1,910$1,545$1,239$988$782$588
21 years$1,800$1,439$1,140$896$700$517
22 years$1,700$1,343$1,051$815$628$455
23 years$1,609$1,256$970$742$563$401
24 years$1,526$1,177$897$677$506$354
25 years$1,449$1,104$831$618$456$313
26 years$1,378$1,038$771$565$410$277
27 years$1,313$977$716$517$370$245
28 years$1,253$921$665$474$334$217
29 years$1,196$868$619$435$302$192
30 years$1,144$820$577$399$272$170
31 years$1,095$775$538$366$246$151
32 years$1,049$734$502$337$223$134
33 years$1,006$695$468$310$202$119
34 years$966$658$438$285$183$105
35 years$928$625$409$262$165$94
36 years$893$593$383$242$150$83
37 years$859$563$358$223$136$74
38 years$827$535$335$205$123$66
39 years$797$509$314$189$112$58
40 years$768$484$295$174$101$52
41 years$741$461$276$161$92$46
42 years$716$439$259$149$83$41
43 years$691$418$243$137$76$36
44 years$668$399$228$127$69$32
45 years$646$380$214$117$62$29
46 years$624$363$201$108$57$26
47 years$604$346$189$100$51$23
48 years$585$330$178$92$47$20
49 years$566$315$167$85$42$18
50 years$549$301$157$79$39$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $562,000, adding $6,792 every year, while hoping to spend $38,356 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: 47/25/28 Blend
51$562,000$562,000$562,000$562,000
52$626,330$596,544$587,833$650,465
53$649,405$584,964$566,715$656,595
54$673,548$571,531$543,604$658,978
55$698,828$556,114$518,392$660,825
56$725,319$538,574$490,969$662,105
57$753,101$518,764$461,216$662,787
58$782,261$496,527$429,010$662,841
59$812,894$471,700$394,225$662,234
60$845,104$444,107$356,726$660,937
61$879,002$413,565$316,373$658,918
62$914,710$379,880$273,021$656,148
63$952,360$342,844$226,518$652,597
64$992,098$302,241$176,703$648,238
65$1,034,081$257,839$123,412$643,042
66$1,078,481$209,397$66,470$636,987
67$1,125,486$156,658$5,696$630,049
68$1,175,301$99,349$0$622,209
69$1,228,150$37,186$0$631,126
70$1,284,278$0$0$642,078
71$1,343,954$0$0$661,706
72$1,407,469$0$0$693,521
73$1,475,146$0$0$727,456
74$1,547,335$0$0$763,693
75$1,624,422$0$0$802,431
76$1,706,829$0$0$843,887
77$1,795,018$0$0$888,299
78$1,889,495$0$0$935,928
79$1,990,818$0$0$987,062
80$2,099,597$0$0$1,042,015
81$2,216,502$0$0$1,101,132
82$2,342,267$0$0$1,164,794
83$2,477,700$0$0$1,233,417
84$2,623,687$0$0$1,307,459
85$2,781,203$0$0$1,387,422
86$2,951,318$0$0$1,473,859
87$3,135,207$0$0$1,567,378
88$3,334,162$0$0$1,668,646
89$3,549,605$0$0$1,778,398
90$3,783,097$0$0$1,897,439
91$4,036,354$0$0$2,026,660
92$4,311,267$0$0$2,167,034
93$4,609,912$0$0$2,319,637
94$4,934,573$0$0$2,485,649
95$5,287,766$0$0$2,666,372
96$5,672,254$0$0$2,863,234
97$6,091,083$0$0$3,077,810
98$6,547,600$0$0$3,311,833
99$7,045,491$0$0$3,567,209
100$7,588,814$0$0$3,846,036