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%11.1%
1 years$49,795$49,352$48,919$48,497$48,084$47,861
2 years$24,651$24,192$23,747$23,316$22,897$22,672
3 years$16,271$15,810$15,366$14,939$14,527$14,307
4 years$12,081$11,622$11,182$10,762$10,361$10,147
5 years$9,569$9,112$8,678$8,267$7,876$7,670
6 years$7,894$7,440$7,013$6,611$6,232$6,033
7 years$6,698$6,248$5,828$5,435$5,068$4,877
8 years$5,802$5,356$4,943$4,559$4,205$4,021
9 years$5,105$4,663$4,257$3,884$3,541$3,365
10 years$4,548$4,111$3,711$3,348$3,017$2,848
11 years$4,092$3,659$3,267$2,913$2,595$2,433
12 years$3,713$3,284$2,900$2,556$2,249$2,094
13 years$3,392$2,968$2,591$2,256$1,961$1,814
14 years$3,117$2,698$2,328$2,003$1,719$1,579
15 years$2,879$2,465$2,102$1,786$1,513$1,380
16 years$2,672$2,261$1,905$1,599$1,338$1,211
17 years$2,488$2,083$1,734$1,437$1,186$1,065
18 years$2,326$1,924$1,583$1,295$1,054$940
19 years$2,180$1,783$1,449$1,170$940$832
20 years$2,049$1,657$1,330$1,060$840$737
21 years$1,931$1,544$1,223$962$751$654
22 years$1,824$1,441$1,127$874$673$582
23 years$1,726$1,348$1,041$796$605$518
24 years$1,637$1,263$963$726$543$462
25 years$1,555$1,185$892$663$489$412
26 years$1,479$1,114$827$607$440$368
27 years$1,409$1,048$768$555$397$329
28 years$1,344$988$714$509$358$294
29 years$1,284$932$664$466$324$263
30 years$1,227$880$619$428$292$236
31 years$1,175$832$577$393$264$211
32 years$1,126$787$538$361$239$190
33 years$1,080$745$503$332$216$170
34 years$1,037$706$470$306$196$153
35 years$996$670$439$281$177$137
36 years$958$636$411$259$161$123
37 years$922$604$384$239$146$110
38 years$887$574$360$220$132$99
39 years$855$546$337$203$120$89
40 years$824$519$316$187$109$80
41 years$795$494$296$173$99$72
42 years$768$471$278$159$89$65
43 years$741$449$261$147$81$58
44 years$716$428$245$136$74$52
45 years$693$408$230$125$67$47
46 years$670$389$216$116$61$42
47 years$648$371$203$107$55$38
48 years$628$354$191$99$50$34
49 years$608$338$179$91$45$31
50 years$589$323$168$85$41$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $603,000, adding $6,328 every year, while hoping to spend $42,978 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: 64/20/16 Blend
51$603,000$603,000$603,000$603,000
52$671,033$639,074$629,728$710,951
53$693,750$624,661$605,095$724,079
54$717,344$608,100$578,197$732,913
55$741,859$589,243$548,913$741,523
56$767,341$567,929$517,114$749,889
57$793,842$543,989$482,669$757,988
58$821,415$517,246$445,440$765,799
59$850,119$487,510$405,281$773,300
60$880,015$454,582$362,043$780,466
61$911,171$418,251$315,565$787,276
62$943,659$378,294$265,685$793,707
63$977,557$334,475$212,230$799,734
64$1,012,947$286,544$155,020$805,336
65$1,049,922$234,238$93,867$810,491
66$1,088,578$177,280$28,575$815,176
67$1,129,021$115,375$0$819,371
68$1,171,366$48,213$0$830,073
69$1,215,736$0$0$845,909
70$1,262,266$0$0$867,418
71$1,311,102$0$0$901,141
72$1,362,402$0$0$936,580
73$1,416,337$0$0$973,854
74$1,473,096$0$0$1,013,096
75$1,532,881$0$0$1,054,447
76$1,595,914$0$0$1,098,063
77$1,662,437$0$0$1,144,114
78$1,732,713$0$0$1,192,785
79$1,807,030$0$0$1,244,277
80$1,885,701$0$0$1,298,811
81$1,969,069$0$0$1,356,628
82$2,057,507$0$0$1,417,990
83$2,151,425$0$0$1,483,185
84$2,251,270$0$0$1,552,528
85$2,357,533$0$0$1,626,362
86$2,470,748$0$0$1,705,065
87$2,591,502$0$0$1,789,049
88$2,720,439$0$0$1,878,767
89$2,858,262$0$0$1,974,714
90$3,005,744$0$0$2,077,433
91$3,163,731$0$0$2,187,521
92$3,333,151$0$0$2,305,630
93$3,515,025$0$0$2,432,479
94$3,710,469$0$0$2,568,854
95$3,920,711$0$0$2,715,619
96$4,147,098$0$0$2,873,724
97$4,391,112$0$0$3,044,211
98$4,654,376$0$0$3,228,224
99$4,938,677$0$0$3,427,022
100$5,245,979$0$0$3,641,988