Can I retire at age 52 with 603,000?

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 $603,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$49,795$49,352$48,919$48,497$48,084$46,808
2 years$24,651$24,192$23,747$23,316$22,897$21,620
3 years$16,271$15,810$15,366$14,939$14,527$13,289
4 years$12,081$11,622$11,182$10,762$10,361$9,172
5 years$9,569$9,112$8,678$8,267$7,876$6,739
6 years$7,894$7,440$7,013$6,611$6,232$5,149
7 years$6,698$6,248$5,828$5,435$5,068$4,038
8 years$5,802$5,356$4,943$4,559$4,205$3,227
9 years$5,105$4,663$4,257$3,884$3,541$2,615
10 years$4,548$4,111$3,711$3,348$3,017$2,142
11 years$4,092$3,659$3,267$2,913$2,595$1,769
12 years$3,713$3,284$2,900$2,556$2,249$1,471
13 years$3,392$2,968$2,591$2,256$1,961$1,229
14 years$3,117$2,698$2,328$2,003$1,719$1,032
15 years$2,879$2,465$2,102$1,786$1,513$869
16 years$2,672$2,261$1,905$1,599$1,338$735
17 years$2,488$2,083$1,734$1,437$1,186$622
18 years$2,326$1,924$1,583$1,295$1,054$528
19 years$2,180$1,783$1,449$1,170$940$449
20 years$2,049$1,657$1,330$1,060$840$382
21 years$1,931$1,544$1,223$962$751$326
22 years$1,824$1,441$1,127$874$673$278
23 years$1,726$1,348$1,041$796$605$237
24 years$1,637$1,263$963$726$543$203
25 years$1,555$1,185$892$663$489$174
26 years$1,479$1,114$827$607$440$148
27 years$1,409$1,048$768$555$397$127
28 years$1,344$988$714$509$358$109
29 years$1,284$932$664$466$324$93
30 years$1,227$880$619$428$292$80
31 years$1,175$832$577$393$264$68
32 years$1,126$787$538$361$239$59
33 years$1,080$745$503$332$216$50
34 years$1,037$706$470$306$196$43
35 years$996$670$439$281$177$37
36 years$958$636$411$259$161$32
37 years$922$604$384$239$146$27
38 years$887$574$360$220$132$23
39 years$855$546$337$203$120$20
40 years$824$519$316$187$109$17
41 years$795$494$296$173$99$15
42 years$768$471$278$159$89$13
43 years$741$449$261$147$81$11
44 years$716$428$245$136$74$9
45 years$693$408$230$125$67$8
46 years$670$389$216$116$61$7
47 years$648$371$203$107$55$6
48 years$628$354$191$99$50$5
49 years$608$338$179$91$45$4
50 years$589$323$168$85$41$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $603,000, adding $4,677 every year, while hoping to spend $33,857 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: 42/39/19 Blend
51$603,000$603,000$603,000$603,000
52$669,330$637,371$628,025$693,540
53$701,578$632,579$613,040$706,353
54$735,981$626,417$596,419$716,569
55$772,722$618,783$578,070$726,928
56$812,004$609,567$557,899$737,460
57$854,047$598,654$535,807$748,202
58$899,093$585,922$511,690$759,195
59$947,410$571,241$485,441$770,487
60$999,287$554,473$456,945$782,136
61$1,055,047$535,475$426,085$794,208
62$1,115,039$514,091$392,736$806,777
63$1,179,651$490,159$356,770$819,931
64$1,249,305$463,507$318,053$833,770
65$1,324,469$433,953$276,441$848,405
66$1,405,652$401,304$231,790$863,968
67$1,493,418$365,358$183,945$880,605
68$1,588,385$325,898$132,745$898,481
69$1,691,231$282,698$78,023$917,787
70$1,802,704$235,517$19,603$938,735
71$1,923,624$184,102$0$961,565
72$2,054,895$128,185$0$995,214
73$2,197,510$67,482$0$1,036,126
74$2,352,562$1,694$0$1,080,706
75$2,521,253$0$0$1,129,380
76$2,704,906$0$0$1,212,449
77$2,904,975$0$0$1,303,805
78$3,123,062$0$0$1,403,461
79$3,360,930$0$0$1,512,233
80$3,620,520$0$0$1,631,016
81$3,903,966$0$0$1,760,798
82$4,213,619$0$0$1,902,665
83$4,552,068$0$0$2,057,814
84$4,922,161$0$0$2,227,563
85$5,327,035$0$0$2,413,361
86$5,770,146$0$0$2,616,806
87$6,255,296$0$0$2,839,656
88$6,786,674$0$0$3,083,850
89$7,368,893$0$0$3,351,519
90$8,007,032$0$0$3,645,014
91$8,706,687$0$0$3,966,922
92$9,474,019$0$0$4,320,093
93$10,315,816$0$0$4,707,667
94$11,239,552$0$0$5,133,101
95$12,253,462$0$0$5,600,206
96$13,366,617$0$0$6,113,176
97$14,589,007$0$0$6,676,634
98$15,931,639$0$0$7,295,672
99$17,406,639$0$0$7,975,900
100$19,027,362$0$0$8,723,497