Can I retire at age 52 with 602,000?

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 $602,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$49,713$49,270$48,838$48,416$48,004$47,016
2 years$24,610$24,152$23,708$23,277$22,859$21,868
3 years$16,244$15,784$15,340$14,914$14,503$13,539
4 years$12,061$11,603$11,164$10,745$10,344$9,416
5 years$9,553$9,097$8,664$8,253$7,863$6,973
6 years$7,881$7,428$7,002$6,600$6,222$5,371
7 years$6,687$6,238$5,818$5,426$5,060$4,248
8 years$5,792$5,347$4,934$4,552$4,198$3,425
9 years$5,096$4,656$4,250$3,877$3,535$2,801
10 years$4,540$4,104$3,705$3,342$3,012$2,316
11 years$4,085$3,653$3,262$2,909$2,590$1,931
12 years$3,707$3,279$2,895$2,551$2,245$1,621
13 years$3,386$2,963$2,586$2,252$1,958$1,369
14 years$3,112$2,694$2,324$1,999$1,716$1,161
15 years$2,875$2,461$2,098$1,783$1,511$988
16 years$2,667$2,258$1,902$1,597$1,335$844
17 years$2,484$2,079$1,731$1,435$1,184$722
18 years$2,322$1,921$1,580$1,293$1,053$620
19 years$2,177$1,781$1,447$1,168$938$533
20 years$2,046$1,655$1,328$1,058$838$459
21 years$1,928$1,541$1,221$960$750$396
22 years$1,821$1,439$1,125$873$672$342
23 years$1,723$1,346$1,039$795$604$295
24 years$1,634$1,261$961$725$542$255
25 years$1,552$1,183$890$662$488$221
26 years$1,476$1,112$826$606$440$191
27 years$1,407$1,046$767$554$396$166
28 years$1,342$986$713$508$358$144
29 years$1,282$930$663$466$323$125
30 years$1,225$878$618$427$292$108
31 years$1,173$830$576$393$264$94
32 years$1,124$786$537$361$239$81
33 years$1,078$744$502$332$216$71
34 years$1,035$705$469$305$196$61
35 years$994$669$438$281$177$53
36 years$956$635$410$259$160$46
37 years$920$603$384$238$145$40
38 years$886$573$359$220$132$35
39 years$854$545$337$203$120$30
40 years$823$518$316$187$108$26
41 years$794$494$296$172$98$23
42 years$766$470$278$159$89$20
43 years$740$448$260$147$81$17
44 years$715$427$244$136$74$15
45 years$691$407$230$125$67$13
46 years$669$388$216$116$61$11
47 years$647$371$203$107$55$10
48 years$626$354$190$99$50$9
49 years$607$338$179$91$45$7
50 years$588$323$168$84$41$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $602,000, adding $4,360 every year, while hoping to spend $37,802 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: 68/7/25 Blend
51$602,000$602,000$602,000$602,000
52$667,901$635,995$626,664$708,749
53$695,806$626,938$607,437$727,656
54$725,290$616,170$586,298$743,601
55$756,475$603,568$563,144$760,168
56$789,493$588,999$537,866$777,419
57$824,488$572,327$510,351$795,422
58$861,618$553,403$480,480$814,254
59$901,056$532,073$448,129$834,003
60$942,990$508,171$413,168$854,762
61$987,627$481,524$375,462$876,641
62$1,035,194$451,948$334,869$899,757
63$1,085,938$419,247$291,241$924,245
64$1,140,130$383,216$244,424$950,252
65$1,198,067$343,638$194,256$977,944
66$1,260,076$300,282$140,570$1,007,506
67$1,326,514$252,906$83,189$1,039,141
68$1,397,772$201,253$21,929$1,073,077
69$1,474,282$145,050$0$1,109,568
70$1,556,514$84,014$0$1,160,483
71$1,644,988$17,839$0$1,221,542
72$1,740,271$0$0$1,287,291
73$1,842,990$0$0$1,362,318
74$1,953,830$0$0$1,444,786
75$2,073,545$0$0$1,533,887
76$2,202,966$0$0$1,630,241
77$2,343,001$0$0$1,734,530
78$2,494,653$0$0$1,847,504
79$2,659,022$0$0$1,969,986
80$2,837,320$0$0$2,102,884
81$3,030,876$0$0$2,247,194
82$3,241,157$0$0$2,404,013
83$3,469,771$0$0$2,574,546
84$3,718,492$0$0$2,760,123
85$3,989,268$0$0$2,962,201
86$4,284,246$0$0$3,182,389
87$4,605,785$0$0$3,422,454
88$4,956,485$0$0$3,684,343
89$5,339,205$0$0$3,970,198
90$5,757,093$0$0$4,282,376
91$6,213,613$0$0$4,623,474
92$6,712,582$0$0$4,996,350
93$7,258,199$0$0$5,404,149
94$7,855,088$0$0$5,850,336
95$8,508,342$0$0$6,338,725
96$9,223,566$0$0$6,873,517
97$10,006,935$0$0$7,459,338
98$10,865,249$0$0$8,101,281
99$11,805,996$0$0$8,804,957
100$12,837,422$0$0$9,576,544