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%12.8%
1 years$52,851$52,380$51,921$51,472$51,034$50,439
2 years$26,164$25,676$25,204$24,746$24,302$23,702
3 years$17,269$16,780$16,309$15,855$15,418$14,833
4 years$12,823$12,335$11,869$11,423$10,996$10,431
5 years$10,156$9,671$9,211$8,774$8,359$7,814
6 years$8,378$7,897$7,443$7,016$6,614$6,091
7 years$7,109$6,632$6,186$5,769$5,379$4,878
8 years$6,158$5,685$5,246$4,839$4,463$3,983
9 years$5,418$4,950$4,518$4,122$3,758$3,300
10 years$4,827$4,363$3,939$3,553$3,202$2,765
11 years$4,343$3,884$3,468$3,092$2,754$2,338
12 years$3,941$3,486$3,078$2,712$2,387$1,991
13 years$3,600$3,150$2,750$2,395$2,081$1,705
14 years$3,309$2,864$2,471$2,126$1,824$1,468
15 years$3,056$2,616$2,231$1,896$1,606$1,268
16 years$2,835$2,400$2,022$1,697$1,420$1,100
17 years$2,641$2,210$1,840$1,525$1,259$957
18 years$2,468$2,042$1,680$1,374$1,119$834
19 years$2,314$1,893$1,538$1,242$998$729
20 years$2,175$1,759$1,411$1,125$891$638
21 years$2,050$1,638$1,298$1,021$797$559
22 years$1,936$1,529$1,197$928$715$491
23 years$1,832$1,430$1,105$845$642$431
24 years$1,737$1,340$1,022$771$577$380
25 years$1,650$1,258$946$704$519$334
26 years$1,570$1,182$878$644$467$295
27 years$1,495$1,112$815$589$421$260
28 years$1,426$1,048$758$540$380$229
29 years$1,362$989$705$495$343$202
30 years$1,303$934$657$454$310$179
31 years$1,247$883$612$417$280$158
32 years$1,195$835$571$384$254$140
33 years$1,146$791$533$353$230$124
34 years$1,100$750$498$324$208$109
35 years$1,057$711$466$299$188$97
36 years$1,016$675$436$275$171$86
37 years$978$641$408$253$155$76
38 years$942$609$382$234$140$67
39 years$908$579$358$215$127$59
40 years$875$551$335$199$115$53
41 years$844$525$315$183$105$47
42 years$815$500$295$169$95$41
43 years$787$476$277$156$86$37
44 years$760$454$260$144$78$32
45 years$735$433$244$133$71$29
46 years$711$413$229$123$64$25
47 years$688$394$215$114$59$23
48 years$666$376$202$105$53$20
49 years$645$359$190$97$48$18
50 years$625$343$179$90$44$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $640,000, adding $3,030 every year, while hoping to spend $20,557 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: 27/45/28 Blend
51$640,000$640,000$640,000$640,000
52$708,405$674,485$664,565$721,297
53$758,790$685,663$664,956$743,152
54$813,625$696,699$664,670$764,636
55$873,343$707,565$663,665$787,284
56$938,419$718,230$661,892$811,212
57$1,009,376$728,662$659,304$836,544
58$1,086,791$738,825$655,850$863,422
59$1,171,298$748,682$651,475$892,001
60$1,263,594$758,191$646,123$922,452
61$1,364,449$767,311$639,736$954,967
62$1,474,708$775,994$632,253$989,759
63$1,595,303$784,192$623,608$1,027,063
64$1,727,258$791,852$613,733$1,067,139
65$1,871,704$798,919$602,559$1,110,276
66$2,029,884$805,332$590,011$1,156,796
67$2,203,168$811,028$576,011$1,207,054
68$2,393,062$815,940$560,479$1,261,441
69$2,601,229$819,995$543,329$1,320,395
70$2,829,496$823,118$524,473$1,384,398
71$3,079,880$825,226$503,818$1,453,984
72$3,354,599$826,233$481,267$1,529,745
73$3,656,098$826,047$456,719$1,612,335
74$3,987,068$824,572$430,067$1,702,478
75$4,350,475$821,702$401,201$1,800,976
76$4,749,587$817,329$370,005$1,908,717
77$5,188,002$811,336$336,357$2,026,679
78$5,669,686$803,598$300,132$2,155,950
79$6,199,005$793,986$261,198$2,297,727
80$6,780,771$782,359$219,416$2,453,338
81$7,420,286$768,571$174,642$2,624,247
82$8,123,389$752,465$126,727$2,812,077
83$8,896,516$733,876$75,513$3,018,618
84$9,746,754$712,630$20,836$3,245,849
85$10,681,914$688,540$0$3,495,958
86$11,710,602$661,411$0$3,782,568
87$12,842,299$631,036$0$4,104,512
88$14,087,452$597,195$0$4,458,564
89$15,457,570$559,655$0$4,848,039
90$16,965,335$518,172$0$5,276,592
91$18,624,723$472,485$0$5,748,260
92$20,451,128$422,321$0$6,267,493
93$22,461,518$367,390$0$6,839,202
94$24,674,586$307,384$0$7,468,803
95$27,110,928$241,981$0$8,162,273
96$29,793,244$170,839$0$8,926,202
97$32,746,541$93,596$0$9,767,861
98$35,998,377$9,871$0$10,695,269
99$39,579,119$0$0$11,717,270
100$43,522,227$0$0$12,883,599