Can I retire at age 52 with 605,000?

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 $605,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$49,960$49,515$49,081$48,657$48,244$47,173
2 years$24,733$24,272$23,826$23,393$22,973$21,900
3 years$16,325$15,862$15,417$14,988$14,575$13,533
4 years$12,122$11,660$11,220$10,798$10,395$9,392
5 years$9,600$9,142$8,707$8,294$7,902$6,941
6 years$7,920$7,465$7,036$6,633$6,253$5,335
7 years$6,720$6,269$5,847$5,453$5,085$4,210
8 years$5,821$5,374$4,959$4,575$4,219$3,386
9 years$5,122$4,679$4,271$3,896$3,553$2,763
10 years$4,563$4,124$3,724$3,359$3,027$2,278
11 years$4,106$3,672$3,278$2,923$2,603$1,895
12 years$3,725$3,295$2,909$2,564$2,256$1,587
13 years$3,403$2,978$2,599$2,264$1,967$1,336
14 years$3,128$2,707$2,336$2,009$1,725$1,130
15 years$2,889$2,473$2,109$1,792$1,518$959
16 years$2,680$2,269$1,912$1,605$1,342$817
17 years$2,497$2,089$1,740$1,442$1,190$697
18 years$2,333$1,931$1,588$1,299$1,058$597
19 years$2,187$1,789$1,454$1,174$943$512
20 years$2,056$1,663$1,334$1,063$842$439
21 years$1,938$1,549$1,227$965$754$377
22 years$1,830$1,446$1,131$877$676$325
23 years$1,732$1,352$1,044$799$607$280
24 years$1,642$1,267$966$729$545$241
25 years$1,560$1,189$895$666$491$208
26 years$1,484$1,117$830$609$442$180
27 years$1,414$1,052$770$557$398$155
28 years$1,348$991$716$510$359$134
29 years$1,288$935$667$468$325$116
30 years$1,232$883$621$430$293$100
31 years$1,179$835$579$394$265$87
32 years$1,130$790$540$363$240$75
33 years$1,083$748$504$333$217$65
34 years$1,040$709$471$307$197$56
35 years$999$672$440$282$178$49
36 years$961$638$412$260$161$42
37 years$925$606$386$240$146$36
38 years$890$576$361$221$133$32
39 years$858$548$338$204$120$27
40 years$827$521$317$188$109$24
41 years$798$496$297$173$99$21
42 years$770$472$279$160$90$18
43 years$744$450$262$148$81$15
44 years$719$429$246$136$74$13
45 years$695$409$231$126$67$12
46 years$672$390$217$116$61$10
47 years$650$372$204$107$55$9
48 years$630$356$191$99$50$8
49 years$610$340$180$92$46$7
50 years$591$324$169$85$41$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $605,000, adding $2,482 every year, while hoping to spend $31,190 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: 83/11/6 Blend
51$605,000$605,000$605,000$605,000
52$669,270$637,205$627,828$724,378
53$704,350$635,242$615,674$758,774
54$741,962$632,138$602,068$792,071
55$782,333$627,803$586,928$827,657
56$825,709$622,144$570,168$865,741
57$872,362$615,060$551,699$906,556
58$922,591$606,445$531,429$950,356
59$976,722$596,188$509,258$997,421
60$1,035,115$584,168$485,086$1,048,061
61$1,098,165$570,261$458,805$1,102,616
62$1,166,307$554,333$430,304$1,161,461
63$1,240,018$536,243$399,467$1,225,009
64$1,319,821$515,840$366,170$1,293,714
65$1,406,294$492,968$330,288$1,368,078
66$1,500,071$467,458$291,688$1,448,655
67$1,601,848$439,133$250,229$1,536,051
68$1,712,393$407,807$205,768$1,630,939
69$1,832,549$373,282$158,154$1,734,057
70$1,963,244$335,347$107,227$1,846,222
71$2,105,499$293,783$52,822$1,968,330
72$2,260,436$248,355$0$2,101,371
73$2,429,293$198,817$0$2,246,773
74$2,613,430$144,908$0$2,409,033
75$2,814,343$86,352$0$2,586,104
76$3,033,682$22,859$0$2,779,460
77$3,273,259$0$0$2,990,725
78$3,535,073$0$0$3,227,241
79$3,821,323$0$0$3,488,868
80$4,134,428$0$0$3,775,053
81$4,477,055$0$0$4,088,234
82$4,852,139$0$0$4,431,095
83$5,262,911$0$0$4,806,593
84$5,712,932$0$0$5,217,983
85$6,206,121$0$0$5,668,850
86$6,746,795$0$0$6,163,142
87$7,339,709$0$0$6,705,208
88$7,990,099$0$0$7,299,838
89$8,703,734$0$0$7,952,307
90$9,486,967$0$0$8,668,427
91$10,346,796$0$0$9,454,597
92$11,290,931$0$0$10,317,870
93$12,327,864$0$0$11,266,012
94$13,466,949$0$0$12,307,579
95$14,718,493$0$0$13,451,999
96$16,093,849$0$0$14,709,653
97$17,605,525$0$0$16,091,984
98$19,267,299$0$0$17,611,593
99$21,094,354$0$0$19,282,367
100$23,103,415$0$0$21,119,603