Can I retire at age 52 with 617,000?

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 $617,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$50,951$50,497$50,055$49,622$49,200$47,721
2 years$25,223$24,754$24,298$23,857$23,429$21,951
3 years$16,649$16,177$15,723$15,285$14,864$13,434
4 years$12,362$11,892$11,442$11,012$10,601$9,230
5 years$9,791$9,323$8,880$8,458$8,059$6,750
6 years$8,077$7,613$7,176$6,764$6,377$5,131
7 years$6,854$6,393$5,963$5,561$5,186$4,004
8 years$5,936$5,480$5,057$4,665$4,302$3,183
9 years$5,223$4,772$4,356$3,974$3,623$2,566
10 years$4,653$4,206$3,798$3,425$3,087$2,090
11 years$4,187$3,744$3,343$2,981$2,655$1,716
12 years$3,799$3,361$2,967$2,615$2,301$1,418
13 years$3,471$3,037$2,651$2,309$2,006$1,178
14 years$3,190$2,761$2,382$2,049$1,759$983
15 years$2,946$2,522$2,150$1,828$1,549$823
16 years$2,734$2,314$1,950$1,636$1,369$691
17 years$2,546$2,131$1,774$1,470$1,213$581
18 years$2,380$1,969$1,620$1,325$1,079$490
19 years$2,231$1,825$1,483$1,197$962$414
20 years$2,097$1,696$1,361$1,084$859$350
21 years$1,976$1,580$1,252$984$769$296
22 years$1,866$1,474$1,154$895$689$251
23 years$1,766$1,379$1,065$815$619$213
24 years$1,675$1,292$985$743$556$181
25 years$1,591$1,213$912$679$500$153
26 years$1,513$1,140$846$621$451$130
27 years$1,442$1,072$786$568$406$111
28 years$1,375$1,011$730$520$367$94
29 years$1,313$953$680$477$331$80
30 years$1,256$900$633$438$299$68
31 years$1,202$851$590$402$270$58
32 years$1,152$805$551$370$245$49
33 years$1,105$763$514$340$221$42
34 years$1,061$723$480$313$200$36
35 years$1,019$686$449$288$182$30
36 years$980$651$420$265$164$26
37 years$943$618$393$244$149$22
38 years$908$587$368$225$135$19
39 years$875$559$345$208$123$16
40 years$844$531$323$192$111$14
41 years$814$506$303$177$101$12
42 years$786$482$284$163$92$10
43 years$759$459$267$151$83$8
44 years$733$438$251$139$75$7
45 years$709$417$235$128$68$6
46 years$685$398$221$119$62$5
47 years$663$380$208$110$56$4
48 years$642$363$195$101$51$4
49 years$622$346$183$94$47$3
50 years$602$331$172$86$42$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $617,000, adding $6,885 every year, while hoping to spend $41,887 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: 64/28/8 Blend
51$617,000$617,000$617,000$617,000
52$687,036$654,335$644,771$729,474
53$712,546$641,830$621,804$746,114
54$739,254$627,308$596,663$758,721
55$767,239$610,627$569,232$771,409
56$796,584$591,634$539,388$784,182
57$827,382$570,171$507,003$797,047
58$859,732$546,066$471,945$810,013
59$893,742$519,141$434,072$823,094
60$929,530$489,205$393,240$836,304
61$967,224$456,058$349,296$849,662
62$1,006,964$419,488$302,080$863,192
63$1,048,901$379,270$251,427$876,920
64$1,093,202$335,167$197,163$890,881
65$1,140,047$286,928$139,106$905,112
66$1,189,633$234,289$77,067$919,659
67$1,242,176$176,969$10,849$934,578
68$1,297,911$114,674$0$949,928
69$1,357,095$47,090$0$970,890
70$1,420,011$0$0$993,760
71$1,486,965$0$0$1,025,772
72$1,558,295$0$0$1,075,356
73$1,634,370$0$0$1,128,265
74$1,715,594$0$0$1,184,781
75$1,802,411$0$0$1,245,218
76$1,895,305$0$0$1,309,916
77$1,994,810$0$0$1,379,250
78$2,101,509$0$0$1,453,632
79$2,216,043$0$0$1,533,512
80$2,339,115$0$0$1,619,385
81$2,471,497$0$0$1,711,796
82$2,614,036$0$0$1,811,340
83$2,767,664$0$0$1,918,673
84$2,933,401$0$0$2,034,516
85$3,112,373$0$0$2,159,658
86$3,305,812$0$0$2,294,971
87$3,515,075$0$0$2,441,408
88$3,741,653$0$0$2,600,022
89$3,987,185$0$0$2,771,966
90$4,253,474$0$0$2,958,510
91$4,542,502$0$0$3,161,052
92$4,856,448$0$0$3,381,128
93$5,197,711$0$0$3,620,427
94$5,568,929$0$0$3,880,809
95$5,973,005$0$0$4,164,320
96$6,413,132$0$0$4,473,210
97$6,892,824$0$0$4,809,958
98$7,415,950$0$0$5,177,288
99$7,986,766$0$0$5,578,203
100$8,609,959$0$0$6,016,006