Can I retire at age 52 with 614,000?

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 $614,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$50,704$50,252$49,811$49,381$48,961$48,130
2 years$25,101$24,633$24,180$23,741$23,315$22,480
3 years$16,568$16,098$15,646$15,211$14,792$13,980
4 years$12,302$11,834$11,386$10,959$10,550$9,766
5 years$9,743$9,278$8,836$8,417$8,020$7,267
6 years$8,038$7,576$7,141$6,731$6,346$5,625
7 years$6,820$6,362$5,934$5,534$5,161$4,472
8 years$5,907$5,454$5,033$4,643$4,281$3,624
9 years$5,198$4,748$4,335$3,954$3,606$2,979
10 years$4,631$4,186$3,779$3,409$3,072$2,477
11 years$4,167$3,726$3,327$2,967$2,642$2,077
12 years$3,780$3,344$2,953$2,602$2,290$1,754
13 years$3,454$3,022$2,638$2,297$1,997$1,490
14 years$3,174$2,747$2,370$2,039$1,750$1,271
15 years$2,932$2,510$2,140$1,819$1,541$1,089
16 years$2,720$2,303$1,940$1,628$1,362$936
17 years$2,534$2,121$1,766$1,463$1,208$806
18 years$2,368$1,959$1,612$1,319$1,074$697
19 years$2,220$1,816$1,475$1,191$957$603
20 years$2,087$1,688$1,354$1,079$855$523
21 years$1,967$1,572$1,246$979$765$454
22 years$1,857$1,467$1,148$890$686$394
23 years$1,758$1,372$1,060$811$616$343
24 years$1,667$1,286$980$740$553$299
25 years$1,583$1,207$908$675$498$261
26 years$1,506$1,134$842$618$448$227
27 years$1,435$1,067$782$565$404$198
28 years$1,368$1,006$727$518$365$173
29 years$1,307$949$676$475$329$151
30 years$1,250$896$630$436$298$132
31 years$1,196$847$587$400$269$116
32 years$1,146$801$548$368$243$101
33 years$1,100$759$512$338$220$88
34 years$1,056$719$478$311$199$77
35 years$1,014$682$447$287$181$68
36 years$975$648$418$264$164$59
37 years$938$615$391$243$148$52
38 years$904$585$367$224$134$45
39 years$871$556$343$207$122$40
40 years$839$529$322$191$111$35
41 years$810$503$302$176$100$31
42 years$782$479$283$162$91$27
43 years$755$457$266$150$83$23
44 years$730$435$249$138$75$21
45 years$705$415$234$128$68$18
46 years$682$396$220$118$62$16
47 years$660$378$207$109$56$14
48 years$639$361$194$101$51$12
49 years$619$345$182$93$46$11
50 years$599$329$172$86$42$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $614,000, adding $2,547 every year, while hoping to spend $50,878 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: 41/30/29 Blend
51$614,000$614,000$614,000$614,000
52$679,255$646,713$637,196$701,225
53$694,405$624,268$604,409$694,939
54$709,396$599,019$568,817$683,212
55$724,156$570,772$530,275$669,557
56$738,608$539,328$488,627$653,828
57$752,662$504,471$443,712$635,871
58$766,219$465,976$395,362$615,519
59$779,168$423,604$343,401$592,593
60$791,384$377,101$287,646$566,903
61$802,727$326,201$227,904$538,245
62$813,042$270,621$163,975$506,399
63$822,154$210,064$95,650$471,130
64$829,871$144,214$22,712$432,187
65$835,977$72,739$0$389,299
66$840,231$0$0$359,234
67$842,367$0$0$334,788
68$842,088$0$0$333,219
69$839,066$0$0$330,365
70$832,934$0$0$326,059
71$823,289$0$0$320,118
72$809,679$0$0$312,335
73$791,607$0$0$302,485
74$768,521$0$0$290,316
75$739,810$0$0$275,550
76$704,796$0$0$257,881
77$662,731$0$0$236,968
78$612,786$0$0$212,434
79$554,044$0$0$183,863
80$485,491$0$0$150,796
81$406,006$0$0$112,723
82$314,349$0$0$69,084
83$209,152$0$0$19,256
84$88,902$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0