Can I retire at age 52 with 612,000?

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 $612,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$50,538$50,088$49,649$49,220$48,802$48,212
2 years$25,019$24,553$24,101$23,664$23,239$22,645
3 years$16,514$16,046$15,595$15,162$14,744$14,165
4 years$12,262$11,795$11,349$10,923$10,515$9,956
5 years$9,711$9,248$8,808$8,390$7,994$7,455
6 years$8,012$7,551$7,118$6,709$6,325$5,807
7 years$6,798$6,342$5,915$5,516$5,144$4,648
8 years$5,888$5,436$5,016$4,627$4,267$3,793
9 years$5,181$4,733$4,321$3,942$3,594$3,141
10 years$4,615$4,172$3,767$3,398$3,062$2,630
11 years$4,153$3,714$3,316$2,957$2,633$2,222
12 years$3,768$3,333$2,943$2,594$2,282$1,891
13 years$3,443$3,012$2,629$2,290$1,990$1,619
14 years$3,164$2,738$2,363$2,033$1,744$1,392
15 years$2,922$2,501$2,133$1,813$1,536$1,203
16 years$2,711$2,295$1,934$1,623$1,357$1,042
17 years$2,525$2,114$1,760$1,458$1,204$906
18 years$2,360$1,953$1,606$1,314$1,070$789
19 years$2,213$1,810$1,471$1,188$954$689
20 years$2,080$1,682$1,350$1,076$852$603
21 years$1,960$1,567$1,241$976$762$528
22 years$1,851$1,463$1,144$888$683$463
23 years$1,752$1,368$1,056$808$614$407
24 years$1,661$1,282$977$737$551$358
25 years$1,578$1,203$905$673$496$315
26 years$1,501$1,130$839$616$447$277
27 years$1,430$1,064$779$563$403$244
28 years$1,364$1,002$725$516$364$215
29 years$1,303$946$674$473$328$190
30 years$1,246$893$628$434$297$168
31 years$1,193$844$585$399$268$148
32 years$1,143$799$546$367$243$131
33 years$1,096$757$510$337$220$116
34 years$1,052$717$477$310$199$102
35 years$1,011$680$446$286$180$90
36 years$972$645$417$263$163$80
37 years$935$613$390$242$148$71
38 years$901$583$365$223$134$62
39 years$868$554$342$206$122$55
40 years$837$527$321$190$110$49
41 years$807$502$301$175$100$43
42 years$779$478$282$162$91$38
43 years$753$455$265$149$82$34
44 years$727$434$249$138$75$30
45 years$703$414$233$127$68$27
46 years$680$395$219$118$62$24
47 years$658$377$206$109$56$21
48 years$637$360$194$100$51$18
49 years$617$343$182$93$46$16
50 years$598$328$171$86$42$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $612,000, adding $6,844 every year, while hoping to spend $41,437 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: 54/16/30 Blend
51$612,000$612,000$612,000$612,000
52$681,484$649,048$639,562$712,254
53$706,906$636,762$616,898$722,026
54$733,533$622,486$592,087$727,884
55$761,444$606,078$565,012$733,449
56$790,723$587,388$535,552$738,710
57$821,465$566,258$503,581$743,656
58$853,771$542,521$468,967$748,279
59$887,749$515,999$431,572$752,571
60$923,521$486,504$391,251$756,528
61$961,216$453,838$347,853$760,148
62$1,000,976$417,792$301,222$763,430
63$1,042,956$378,144$251,193$766,379
64$1,087,323$334,660$197,595$769,003
65$1,134,263$287,091$140,247$771,314
66$1,183,976$235,176$78,963$773,329
67$1,236,681$178,639$13,547$775,073
68$1,292,617$117,188$0$776,577
69$1,352,048$50,514$0$795,887
70$1,415,260$0$0$820,840
71$1,482,567$0$0$851,047
72$1,554,311$0$0$892,758
73$1,630,871$0$0$937,303
74$1,712,656$0$0$984,926
75$1,800,120$0$0$1,035,896
76$1,893,758$0$0$1,090,505
77$1,994,113$0$0$1,149,077
78$2,101,780$0$0$1,211,964
79$2,217,414$0$0$1,279,554
80$2,341,732$0$0$1,352,274
81$2,475,522$0$0$1,430,590
82$2,619,649$0$0$1,515,017
83$2,775,063$0$0$1,606,119
84$2,942,808$0$0$1,704,514
85$3,124,031$0$0$1,810,885
86$3,319,991$0$0$1,925,980
87$3,532,075$0$0$2,050,622
88$3,761,805$0$0$2,185,716
89$4,010,855$0$0$2,332,255
90$4,281,066$0$0$2,491,335
91$4,574,464$0$0$2,664,159
92$4,893,276$0$0$2,852,050
93$5,239,951$0$0$3,056,465
94$5,617,185$0$0$3,279,005
95$6,027,944$0$0$3,521,434
96$6,475,492$0$0$3,785,691
97$6,963,419$0$0$4,073,913
98$7,495,678$0$0$4,388,449
99$8,076,621$0$0$4,731,886
100$8,711,036$0$0$5,107,071