Can I retire at age 52 with 623,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $623,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$51,447$50,988$50,541$50,105$49,679$48,419
2 years$25,469$24,994$24,535$24,089$23,657$22,395
3 years$16,810$16,334$15,876$15,434$15,009$13,786
4 years$12,482$12,007$11,553$11,119$10,704$9,529
5 years$9,886$9,414$8,966$8,541$8,137$7,013
6 years$8,156$7,687$7,246$6,830$6,439$5,366
7 years$6,920$6,456$6,021$5,615$5,236$4,216
8 years$5,994$5,534$5,106$4,711$4,344$3,375
9 years$5,274$4,818$4,398$4,012$3,658$2,740
10 years$4,698$4,247$3,834$3,459$3,117$2,249
11 years$4,228$3,781$3,376$3,010$2,681$1,861
12 years$3,836$3,393$2,996$2,640$2,323$1,550
13 years$3,504$3,067$2,677$2,331$2,026$1,298
14 years$3,221$2,787$2,405$2,069$1,776$1,092
15 years$2,975$2,546$2,171$1,845$1,564$922
16 years$2,760$2,336$1,969$1,652$1,382$781
17 years$2,571$2,152$1,791$1,485$1,225$663
18 years$2,403$1,988$1,635$1,338$1,089$564
19 years$2,252$1,843$1,497$1,209$971$480
20 years$2,117$1,712$1,374$1,095$867$410
21 years$1,995$1,595$1,264$994$776$350
22 years$1,885$1,489$1,165$903$696$299
23 years$1,784$1,392$1,075$823$625$256
24 years$1,691$1,305$995$750$561$220
25 years$1,606$1,224$921$685$505$188
26 years$1,528$1,151$854$627$455$161
27 years$1,456$1,083$793$574$410$139
28 years$1,389$1,020$738$526$370$119
29 years$1,326$963$686$482$334$102
30 years$1,268$909$639$442$302$88
31 years$1,214$859$596$406$273$75
32 years$1,163$813$556$373$247$65
33 years$1,116$770$519$343$224$56
34 years$1,071$730$485$316$202$48
35 years$1,029$692$454$291$183$41
36 years$989$657$424$268$166$35
37 years$952$624$397$247$151$30
38 years$917$593$372$227$136$26
39 years$883$564$348$210$124$23
40 years$852$537$327$193$112$19
41 years$822$511$306$178$102$17
42 years$793$486$287$165$92$14
43 years$766$463$270$152$84$12
44 years$740$442$253$140$76$11
45 years$716$421$238$130$69$9
46 years$692$402$223$120$63$8
47 years$670$384$210$111$57$7
48 years$648$366$197$102$52$6
49 years$628$350$185$94$47$5
50 years$608$334$174$87$43$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $623,000, adding $6,112 every year, while hoping to spend $29,568 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: 55/37/8 Blend
51$623,000$623,000$623,000$623,000
52$692,851$659,832$650,175$729,309
53$732,061$660,703$640,496$755,517
54$774,280$660,626$629,501$780,243
55$819,784$659,524$617,116$806,449
56$868,874$657,313$603,262$834,280
57$921,883$653,906$587,856$863,897
58$979,178$649,210$570,812$895,478
59$1,041,160$643,127$552,039$929,221
60$1,108,270$635,552$531,445$965,345
61$1,180,994$626,374$508,929$1,004,095
62$1,259,866$615,477$484,388$1,045,738
63$1,345,473$602,736$457,716$1,090,575
64$1,438,461$588,019$428,798$1,138,935
65$1,539,539$571,187$397,518$1,191,187
66$1,649,489$552,093$363,752$1,247,735
67$1,769,171$530,580$327,372$1,309,031
68$1,899,531$506,483$288,244$1,375,572
69$2,041,610$479,627$246,227$1,447,910
70$2,196,553$449,827$201,174$1,526,655
71$2,365,621$416,889$152,933$1,612,483
72$2,550,202$380,604$101,344$1,706,142
73$2,751,824$340,755$46,241$1,808,460
74$2,972,169$297,111$0$1,920,352
75$3,213,088$249,427$0$2,043,904
76$3,476,621$197,447$0$2,183,444
77$3,765,011$140,897$0$2,336,277
78$4,080,731$79,489$0$2,503,789
79$4,426,503$12,921$0$2,687,512
80$4,805,324$0$0$2,889,138
81$5,220,495$0$0$3,134,610
82$5,675,652$0$0$3,409,551
83$6,174,799$0$0$3,711,124
84$6,722,346$0$0$4,042,003
85$7,323,151$0$0$4,405,130
86$7,982,564$0$0$4,803,747
87$8,706,480$0$0$5,241,426
88$9,501,391$0$0$5,722,101
89$10,374,449$0$0$6,250,106
90$11,333,531$0$0$6,830,214
91$12,387,319$0$0$7,467,684
92$13,545,372$0$0$8,168,312
93$14,818,224$0$0$8,938,479
94$16,217,482$0$0$9,785,219
95$17,755,929$0$0$10,716,280
96$19,447,652$0$0$11,740,197
97$21,308,170$0$0$12,866,376
98$23,354,583$0$0$14,105,179
99$25,605,728$0$0$15,468,022
100$28,082,363$0$0$16,967,485