Can I retire at age 52 with 640,000?

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 $640,000?

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$52,851$52,380$51,921$51,472$51,034$49,740
2 years$26,164$25,676$25,204$24,746$24,302$23,007
3 years$17,269$16,780$16,309$15,855$15,418$14,162
4 years$12,823$12,335$11,869$11,423$10,996$9,789
5 years$10,156$9,671$9,211$8,774$8,359$7,204
6 years$8,378$7,897$7,443$7,016$6,614$5,513
7 years$7,109$6,632$6,186$5,769$5,379$4,331
8 years$6,158$5,685$5,246$4,839$4,463$3,467
9 years$5,418$4,950$4,518$4,122$3,758$2,815
10 years$4,827$4,363$3,939$3,553$3,202$2,310
11 years$4,343$3,884$3,468$3,092$2,754$1,912
12 years$3,941$3,486$3,078$2,712$2,387$1,592
13 years$3,600$3,150$2,750$2,395$2,081$1,334
14 years$3,309$2,864$2,471$2,126$1,824$1,122
15 years$3,056$2,616$2,231$1,896$1,606$947
16 years$2,835$2,400$2,022$1,697$1,420$802
17 years$2,641$2,210$1,840$1,525$1,259$681
18 years$2,468$2,042$1,680$1,374$1,119$579
19 years$2,314$1,893$1,538$1,242$998$493
20 years$2,175$1,759$1,411$1,125$891$421
21 years$2,050$1,638$1,298$1,021$797$360
22 years$1,936$1,529$1,197$928$715$308
23 years$1,832$1,430$1,105$845$642$263
24 years$1,737$1,340$1,022$771$577$226
25 years$1,650$1,258$946$704$519$193
26 years$1,570$1,182$878$644$467$166
27 years$1,495$1,112$815$589$421$142
28 years$1,426$1,048$758$540$380$122
29 years$1,362$989$705$495$343$105
30 years$1,303$934$657$454$310$90
31 years$1,247$883$612$417$280$77
32 years$1,195$835$571$384$254$67
33 years$1,146$791$533$353$230$57
34 years$1,100$750$498$324$208$49
35 years$1,057$711$466$299$188$42
36 years$1,016$675$436$275$171$36
37 years$978$641$408$253$155$31
38 years$942$609$382$234$140$27
39 years$908$579$358$215$127$23
40 years$875$551$335$199$115$20
41 years$844$525$315$183$105$17
42 years$815$500$295$169$95$15
43 years$787$476$277$156$86$13
44 years$760$454$260$144$78$11
45 years$735$433$244$133$71$9
46 years$711$413$229$123$64$8
47 years$688$394$215$114$59$7
48 years$666$376$202$105$53$6
49 years$645$359$190$97$48$5
50 years$625$343$179$90$44$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $640,000, adding $2,162 every year, while hoping to spend $38,073 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: 64/22/14 Blend
51$640,000$640,000$640,000$640,000
52$707,510$673,590$663,670$750,290
53$739,167$666,087$645,394$771,692
54$772,776$656,939$625,229$790,471
55$808,498$646,028$603,072$810,047
56$846,505$633,224$578,816$830,498
57$886,989$618,392$552,347$851,910
58$930,157$601,389$523,546$874,382
59$976,239$582,062$492,290$898,020
60$1,025,484$560,252$458,450$922,946
61$1,078,166$535,787$421,891$949,294
62$1,134,587$508,488$382,472$977,215
63$1,195,075$478,165$340,046$1,006,875
64$1,259,994$444,616$294,458$1,038,463
65$1,329,739$407,628$245,548$1,072,185
66$1,404,747$366,976$193,149$1,108,273
67$1,485,496$322,423$137,084$1,146,984
68$1,572,511$273,716$77,171$1,188,604
69$1,666,370$220,591$13,219$1,233,451
70$1,767,707$162,767$0$1,281,880
71$1,877,218$99,948$0$1,342,504
72$1,995,670$31,821$0$1,410,180
73$2,123,903$0$0$1,483,450
74$2,262,843$0$0$1,573,039
75$2,413,508$0$0$1,678,578
76$2,577,016$0$0$1,793,153
77$2,754,597$0$0$1,917,630
78$2,947,606$0$0$2,052,964
79$3,157,531$0$0$2,200,203
80$3,386,010$0$0$2,360,502
81$3,634,846$0$0$2,535,133
82$3,906,022$0$0$2,725,491
83$4,201,721$0$0$2,933,118
84$4,524,347$0$0$3,159,706
85$4,876,543$0$0$3,407,119
86$5,261,220$0$0$3,677,409
87$5,681,583$0$0$3,972,836
88$6,141,160$0$0$4,295,888
89$6,643,836$0$0$4,649,302
90$7,193,888$0$0$5,036,093
91$7,796,025$0$0$5,459,584
92$8,455,434$0$0$5,923,429
93$9,177,824$0$0$6,431,656
94$9,969,487$0$0$6,988,700
95$10,837,348$0$0$7,599,444
96$11,789,037$0$0$8,269,267
97$12,832,956$0$0$9,004,095
98$13,978,360$0$0$9,810,454
99$15,235,443$0$0$10,695,531
100$16,615,434$0$0$11,667,245