Can I retire at age 52 with 607,000?

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 $607,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$50,125$49,679$49,243$48,818$48,403$47,291
2 years$24,815$24,352$23,905$23,470$23,049$21,934
3 years$16,379$15,915$15,468$15,038$14,623$13,541
4 years$12,162$11,699$11,257$10,834$10,429$9,388
5 years$9,632$9,172$8,736$8,321$7,928$6,931
6 years$7,946$7,490$7,060$6,655$6,273$5,321
7 years$6,742$6,290$5,867$5,471$5,102$4,195
8 years$5,840$5,392$4,975$4,590$4,233$3,370
9 years$5,139$4,694$4,285$3,909$3,564$2,746
10 years$4,578$4,138$3,736$3,370$3,037$2,262
11 years$4,119$3,684$3,289$2,933$2,612$1,879
12 years$3,737$3,306$2,919$2,572$2,263$1,571
13 years$3,414$2,988$2,608$2,271$1,974$1,321
14 years$3,138$2,716$2,343$2,016$1,730$1,116
15 years$2,899$2,481$2,116$1,798$1,523$946
16 years$2,689$2,276$1,918$1,610$1,346$804
17 years$2,505$2,096$1,745$1,446$1,194$686
18 years$2,341$1,937$1,593$1,304$1,061$586
19 years$2,195$1,795$1,459$1,178$946$501
20 years$2,063$1,668$1,339$1,067$845$430
21 years$1,944$1,554$1,231$968$756$369
22 years$1,836$1,451$1,135$880$678$317
23 years$1,738$1,357$1,048$802$609$273
24 years$1,648$1,271$969$731$547$235
25 years$1,565$1,193$898$668$492$202
26 years$1,489$1,121$832$611$443$174
27 years$1,418$1,055$773$559$400$150
28 years$1,353$994$719$512$361$130
29 years$1,292$938$669$470$326$112
30 years$1,236$886$623$431$294$97
31 years$1,183$837$581$396$266$83
32 years$1,133$792$542$364$241$72
33 years$1,087$750$506$334$218$62
34 years$1,044$711$473$308$197$54
35 years$1,003$675$442$283$179$46
36 years$964$640$413$261$162$40
37 years$928$608$387$240$147$35
38 years$893$578$362$222$133$30
39 years$861$549$339$204$121$26
40 years$830$523$318$188$109$22
41 years$801$498$298$174$99$19
42 years$773$474$280$160$90$17
43 years$746$452$263$148$82$15
44 years$721$430$247$137$74$13
45 years$697$410$231$126$67$11
46 years$674$392$217$117$61$9
47 years$653$374$204$108$56$8
48 years$632$357$192$100$50$7
49 years$612$341$180$92$46$6
50 years$593$325$170$85$42$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $607,000, adding $5,984 every year, while hoping to spend $43,917 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: 42/28/30 Blend
51$607,000$607,000$607,000$607,000
52$675,086$642,915$633,507$697,302
53$697,218$627,691$608,002$698,689
54$720,135$610,249$580,171$695,642
55$743,871$590,433$549,889$691,520
56$768,462$568,081$517,027$686,252
57$793,946$543,018$481,448$679,762
58$820,364$515,060$443,011$671,971
59$847,757$484,014$401,568$662,795
60$876,171$449,673$356,963$652,149
61$905,654$411,822$309,036$639,939
62$936,258$370,228$257,616$626,070
63$968,038$324,651$202,528$610,442
64$1,001,053$274,834$143,587$592,949
65$1,035,365$220,505$80,602$573,481
66$1,071,041$161,379$13,371$551,924
67$1,108,153$97,152$0$528,157
68$1,146,778$27,506$0$520,741
69$1,187,000$0$0$516,639
70$1,228,906$0$0$526,261
71$1,272,593$0$0$545,141
72$1,318,163$0$0$564,852
73$1,365,729$0$0$585,442
74$1,415,409$0$0$606,965
75$1,467,333$0$0$629,482
76$1,521,642$0$0$653,054
77$1,578,486$0$0$677,750
78$1,638,030$0$0$703,645
79$1,700,452$0$0$730,819
80$1,765,943$0$0$759,360
81$1,834,714$0$0$789,364
82$1,906,993$0$0$820,933
83$1,983,025$0$0$854,180
84$2,063,081$0$0$889,228
85$2,147,452$0$0$926,211
86$2,236,459$0$0$965,274
87$2,330,448$0$0$1,006,575
88$2,429,798$0$0$1,050,289
89$2,534,925$0$0$1,096,605
90$2,646,279$0$0$1,145,729
91$2,764,354$0$0$1,197,888
92$2,889,689$0$0$1,253,329
93$3,022,875$0$0$1,312,323
94$3,164,557$0$0$1,375,165
95$3,315,440$0$0$1,442,180
96$3,476,299$0$0$1,513,723
97$3,647,980$0$0$1,590,184
98$3,831,411$0$0$1,671,988
99$4,027,609$0$0$1,759,604
100$4,237,689$0$0$1,853,545