Can I retire at age 52 with 600,000?

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 $600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$49,547$49,106$48,676$48,255$47,845$46,707
2 years$24,528$24,072$23,629$23,200$22,783$21,644
3 years$16,190$15,731$15,289$14,864$14,455$13,349
4 years$12,021$11,564$11,127$10,709$10,309$9,246
5 years$9,521$9,066$8,635$8,225$7,837$6,819
6 years$7,855$7,403$6,978$6,578$6,201$5,229
7 years$6,665$6,217$5,799$5,408$5,043$4,117
8 years$5,773$5,329$4,918$4,537$4,184$3,304
9 years$5,079$4,640$4,236$3,864$3,523$2,689
10 years$4,525$4,090$3,693$3,331$3,002$2,212
11 years$4,072$3,641$3,251$2,899$2,582$1,835
12 years$3,694$3,268$2,885$2,543$2,237$1,533
13 years$3,375$2,953$2,578$2,245$1,951$1,287
14 years$3,102$2,685$2,316$1,993$1,710$1,086
15 years$2,865$2,452$2,091$1,777$1,506$919
16 years$2,658$2,250$1,896$1,591$1,331$780
17 years$2,476$2,072$1,725$1,430$1,180$664
18 years$2,314$1,915$1,575$1,289$1,049$567
19 years$2,169$1,775$1,442$1,164$935$484
20 years$2,039$1,649$1,323$1,054$835$415
21 years$1,922$1,536$1,217$957$748$355
22 years$1,815$1,434$1,122$870$670$305
23 years$1,718$1,341$1,036$792$601$262
24 years$1,629$1,256$958$723$541$225
25 years$1,547$1,179$887$660$486$193
26 years$1,472$1,108$823$604$438$166
27 years$1,402$1,043$764$552$395$143
28 years$1,337$983$710$506$356$123
29 years$1,277$927$661$464$322$106
30 years$1,221$876$616$426$291$92
31 years$1,169$828$574$391$263$79
32 years$1,120$783$536$360$238$68
33 years$1,075$742$500$331$215$59
34 years$1,032$703$467$304$195$51
35 years$991$667$437$280$177$44
36 years$953$633$409$258$160$38
37 years$917$601$382$238$145$33
38 years$883$571$358$219$131$28
39 years$851$543$336$202$119$24
40 years$820$517$315$186$108$21
41 years$791$492$295$172$98$18
42 years$764$468$277$159$89$16
43 years$738$446$260$146$81$13
44 years$713$425$244$135$73$12
45 years$689$406$229$125$67$10
46 years$667$387$215$115$60$9
47 years$645$369$202$107$55$7
48 years$624$353$190$98$50$6
49 years$605$337$178$91$45$6
50 years$586$322$168$84$41$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $600,000, adding $6,742 every year, while hoping to spend $46,562 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: 50/26/24 Blend
51$600,000$600,000$600,000$600,000
52$668,154$636,354$627,054$696,748
53$686,765$617,994$598,519$698,972
54$705,712$597,174$567,467$696,143
55$724,983$573,723$533,766$692,122
56$744,559$547,463$497,274$686,814
57$764,419$518,204$457,848$680,120
58$784,538$485,744$415,334$671,935
59$804,887$449,872$369,574$662,143
60$825,432$410,362$320,401$650,625
61$846,133$366,977$267,642$637,252
62$866,946$319,466$211,115$621,884
63$887,818$267,564$150,631$604,375
64$908,692$210,991$85,994$584,567
65$929,500$149,451$16,996$562,291
66$950,166$82,631$0$537,366
67$970,604$10,201$0$524,105
68$990,718$0$0$513,384
69$1,010,399$0$0$520,194
70$1,029,524$0$0$529,581
71$1,047,956$0$0$538,549
72$1,065,540$0$0$547,014
73$1,082,105$0$0$554,878
74$1,097,458$0$0$562,035
75$1,111,384$0$0$568,364
76$1,123,642$0$0$573,732
77$1,133,966$0$0$577,990
78$1,142,058$0$0$580,974
79$1,147,587$0$0$582,499
80$1,150,185$0$0$582,361
81$1,149,442$0$0$580,333
82$1,144,905$0$0$576,163
83$1,136,069$0$0$569,572
84$1,122,374$0$0$560,250
85$1,103,201$0$0$547,853
86$1,077,862$0$0$532,001
87$1,045,596$0$0$512,272
88$1,005,560$0$0$488,201
89$956,819$0$0$459,270
90$898,340$0$0$424,908
91$828,980$0$0$384,483
92$747,474$0$0$337,296
93$652,423$0$0$282,575
94$542,282$0$0$219,464
95$415,340$0$0$147,020
96$269,709$0$0$64,200
97$103,302$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0