Can I retire at age 52 with 615,000?

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 $615,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$50,786$50,334$49,892$49,462$49,041$47,282
2 years$25,142$24,673$24,220$23,780$23,353$21,600
3 years$16,595$16,124$15,672$15,236$14,816$13,124
4 years$12,322$11,853$11,405$10,977$10,567$8,949
5 years$9,759$9,293$8,851$8,431$8,033$6,493
6 years$8,051$7,588$7,153$6,742$6,356$4,895
7 years$6,831$6,373$5,944$5,543$5,169$3,787
8 years$5,917$5,463$5,041$4,650$4,288$2,984
9 years$5,206$4,756$4,342$3,961$3,611$2,383
10 years$4,638$4,192$3,785$3,414$3,077$1,923
11 years$4,173$3,732$3,332$2,971$2,646$1,564
12 years$3,787$3,350$2,957$2,606$2,293$1,280
13 years$3,459$3,027$2,642$2,301$2,000$1,052
14 years$3,179$2,752$2,374$2,043$1,753$869
15 years$2,937$2,514$2,144$1,822$1,544$720
16 years$2,725$2,306$1,943$1,631$1,364$598
17 years$2,538$2,124$1,768$1,466$1,210$497
18 years$2,372$1,963$1,614$1,321$1,075$415
19 years$2,224$1,819$1,478$1,193$959$346
20 years$2,090$1,690$1,356$1,081$856$289
21 years$1,970$1,574$1,248$981$766$242
22 years$1,860$1,470$1,150$892$687$203
23 years$1,761$1,375$1,062$812$617$170
24 years$1,669$1,288$982$741$554$142
25 years$1,586$1,209$909$677$499$120
26 years$1,508$1,136$843$619$449$100
27 years$1,437$1,069$783$566$405$84
28 years$1,371$1,007$728$519$365$71
29 years$1,309$950$678$476$330$59
30 years$1,252$897$631$437$298$50
31 years$1,198$848$588$401$270$42
32 years$1,148$803$549$369$244$35
33 years$1,101$760$513$339$221$30
34 years$1,057$721$479$312$200$25
35 years$1,016$683$448$287$181$21
36 years$977$649$419$264$164$18
37 years$940$616$392$244$149$15
38 years$905$585$367$225$135$12
39 years$872$557$344$207$122$10
40 years$841$530$322$191$111$9
41 years$811$504$302$176$101$7
42 years$783$480$284$163$91$6
43 years$756$458$266$150$83$5
44 years$731$436$250$139$75$4
45 years$706$416$235$128$68$4
46 years$683$397$220$118$62$3
47 years$661$379$207$109$56$3
48 years$640$361$194$101$51$2
49 years$620$345$183$93$46$2
50 years$600$330$172$86$42$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $615,000, adding $5,130 every year, while hoping to spend $40,976 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: 53/33/14 Blend
51$615,000$615,000$615,000$615,000
52$683,022$650,427$640,894$716,418
53$709,092$638,699$618,766$728,046
54$736,448$625,024$594,523$735,885
55$765,177$609,262$568,052$743,484
56$795,376$591,267$539,232$750,832
57$827,148$570,882$507,940$757,918
58$860,605$547,944$474,044$764,731
59$895,872$522,278$437,410$771,263
60$933,082$493,701$397,894$777,510
61$972,381$462,017$355,348$783,466
62$1,013,928$427,020$309,616$789,133
63$1,057,897$388,493$260,537$794,511
64$1,104,479$346,205$207,941$799,609
65$1,153,880$299,913$151,652$804,438
66$1,206,328$249,361$91,484$809,014
67$1,262,070$194,276$27,245$813,362
68$1,321,377$134,372$0$817,510
69$1,384,548$69,346$0$827,668
70$1,451,905$0$0$842,458
71$1,523,807$0$0$858,303
72$1,600,642$0$0$902,181
73$1,682,839$0$0$949,159
74$1,770,866$0$0$999,510
75$1,865,238$0$0$1,053,534
76$1,966,519$0$0$1,111,558
77$2,075,328$0$0$1,173,943
78$2,192,345$0$0$1,241,085
79$2,318,315$0$0$1,313,419
80$2,454,058$0$0$1,391,421
81$2,600,474$0$0$1,475,617
82$2,758,552$0$0$1,566,583
83$2,929,377$0$0$1,664,951
84$3,114,145$0$0$1,771,418
85$3,314,167$0$0$1,886,749
86$3,530,887$0$0$2,011,785
87$3,765,890$0$0$2,147,452
88$4,020,921$0$0$2,294,766
89$4,297,899$0$0$2,454,846
90$4,598,934$0$0$2,628,924
91$4,926,349$0$0$2,818,354
92$5,282,697$0$0$3,024,626
93$5,670,789$0$0$3,249,381
94$6,093,718$0$0$3,494,422
95$6,554,887$0$0$3,761,735
96$7,058,044$0$0$4,053,507
97$7,607,312$0$0$4,372,145
98$8,207,229$0$0$4,720,297
99$8,862,792$0$0$5,100,879
100$9,579,504$0$0$5,517,102