Can I retire at age 52 with 601,000?

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 $601,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$49,630$49,188$48,757$48,336$47,925$46,521
2 years$24,569$24,112$23,668$23,238$22,821$21,418
3 years$16,217$15,757$15,315$14,889$14,479$13,121
4 years$12,041$11,583$11,145$10,727$10,326$9,024
5 years$9,537$9,081$8,649$8,239$7,850$6,606
6 years$7,868$7,416$6,990$6,589$6,211$5,027
7 years$6,676$6,228$5,809$5,417$5,052$3,927
8 years$5,782$5,338$4,926$4,544$4,191$3,126
9 years$5,088$4,648$4,243$3,871$3,529$2,523
10 years$4,533$4,097$3,699$3,337$3,007$2,057
11 years$4,078$3,647$3,257$2,904$2,586$1,691
12 years$3,700$3,274$2,890$2,547$2,241$1,400
13 years$3,381$2,958$2,582$2,249$1,954$1,164
14 years$3,107$2,689$2,320$1,996$1,713$973
15 years$2,870$2,456$2,095$1,780$1,508$815
16 years$2,663$2,254$1,899$1,594$1,333$686
17 years$2,480$2,076$1,728$1,432$1,182$578
18 years$2,318$1,918$1,578$1,291$1,051$488
19 years$2,173$1,778$1,444$1,166$937$412
20 years$2,043$1,652$1,325$1,056$837$349
21 years$1,925$1,539$1,219$959$749$296
22 years$1,818$1,436$1,124$872$671$251
23 years$1,721$1,343$1,037$794$602$213
24 years$1,631$1,259$959$724$542$181
25 years$1,549$1,181$889$661$487$154
26 years$1,474$1,110$824$605$439$131
27 years$1,404$1,045$765$553$396$112
28 years$1,339$984$711$507$357$95
29 years$1,279$929$662$465$322$81
30 years$1,223$877$617$427$291$69
31 years$1,171$829$575$392$263$59
32 years$1,122$784$536$360$238$50
33 years$1,076$743$501$331$216$43
34 years$1,033$704$468$305$195$36
35 years$993$668$438$281$177$31
36 years$955$634$409$258$160$26
37 years$918$602$383$238$145$23
38 years$884$572$359$219$132$19
39 years$852$544$336$202$119$16
40 years$822$518$315$187$108$14
41 years$793$493$295$172$98$12
42 years$765$469$277$159$89$10
43 years$739$447$260$147$81$9
44 years$714$426$244$135$73$7
45 years$690$406$229$125$67$6
46 years$668$388$215$116$61$5
47 years$646$370$202$107$55$5
48 years$625$353$190$99$50$4
49 years$606$337$179$91$45$3
50 years$587$322$168$84$41$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $601,000, adding $5,861 every year, while hoping to spend $44,841 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: 53/28/19 Blend
51$601,000$601,000$601,000$601,000
52$668,348$636,495$627,179$700,014
53$688,809$619,972$600,479$705,854
54$709,854$601,138$571,382$707,012
55$731,495$579,830$539,760$707,298
56$753,745$555,879$505,479$706,646
57$776,615$529,105$468,400$704,981
58$800,116$499,318$428,378$702,225
59$824,260$466,316$385,261$698,296
60$849,056$429,887$338,888$693,107
61$874,513$389,805$289,095$686,564
62$900,642$345,833$235,708$678,568
63$927,448$297,721$178,545$669,016
64$954,940$245,201$117,418$657,795
65$983,122$187,993$52,130$644,788
66$1,011,998$125,803$0$629,871
67$1,041,570$58,315$0$616,466
68$1,071,838$0$0$612,386
69$1,102,801$0$0$611,507
70$1,134,453$0$0$628,967
71$1,166,787$0$0$646,793
72$1,199,794$0$0$664,978
73$1,233,457$0$0$683,513
74$1,267,760$0$0$702,385
75$1,302,679$0$0$721,581
76$1,338,187$0$0$741,083
77$1,374,249$0$0$760,870
78$1,410,826$0$0$780,917
79$1,447,871$0$0$801,196
80$1,485,328$0$0$821,673
81$1,523,134$0$0$842,310
82$1,561,214$0$0$863,061
83$1,599,484$0$0$883,877
84$1,637,847$0$0$904,698
85$1,676,193$0$0$925,459
86$1,714,395$0$0$946,085
87$1,752,311$0$0$966,491
88$1,789,781$0$0$986,582
89$1,826,623$0$0$1,006,249
90$1,862,633$0$0$1,025,371
91$1,897,582$0$0$1,043,814
92$1,931,211$0$0$1,061,424
93$1,963,233$0$0$1,078,032
94$1,993,325$0$0$1,093,446
95$2,021,126$0$0$1,107,454
96$2,046,234$0$0$1,119,819
97$2,068,200$0$0$1,130,276
98$2,086,524$0$0$1,138,532
99$2,100,649$0$0$1,144,258
100$2,109,956$0$0$1,147,090