Can I retire at age 52 with 647,000?

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 $647,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$53,429$52,953$52,488$52,035$51,593$49,762
2 years$26,450$25,957$25,480$25,017$24,568$22,743
3 years$17,458$16,963$16,487$16,029$15,587$13,825
4 years$12,963$12,470$11,998$11,548$11,117$9,432
5 years$10,267$9,777$9,311$8,870$8,451$6,847
6 years$8,470$7,983$7,525$7,093$6,687$5,165
7 years$7,187$6,704$6,253$5,832$5,438$3,998
8 years$6,225$5,747$5,303$4,892$4,511$3,152
9 years$5,477$5,004$4,568$4,167$3,799$2,519
10 years$4,879$4,410$3,982$3,592$3,237$2,034
11 years$4,391$3,926$3,506$3,126$2,784$1,655
12 years$3,984$3,524$3,111$2,742$2,413$1,355
13 years$3,639$3,185$2,780$2,421$2,104$1,115
14 years$3,345$2,895$2,498$2,149$1,844$921
15 years$3,090$2,645$2,255$1,916$1,624$764
16 years$2,866$2,426$2,045$1,716$1,435$635
17 years$2,670$2,235$1,860$1,542$1,272$528
18 years$2,495$2,065$1,698$1,389$1,131$441
19 years$2,339$1,914$1,555$1,255$1,008$368
20 years$2,199$1,778$1,427$1,137$901$308
21 years$2,072$1,656$1,312$1,032$806$258
22 years$1,957$1,546$1,210$938$723$216
23 years$1,852$1,446$1,117$855$649$181
24 years$1,756$1,355$1,033$779$583$152
25 years$1,668$1,271$957$712$525$128
26 years$1,587$1,195$887$651$473$107
27 years$1,512$1,125$824$596$426$90
28 years$1,442$1,060$766$546$384$76
29 years$1,377$1,000$713$501$347$64
30 years$1,317$944$664$459$314$54
31 years$1,261$893$619$422$284$45
32 years$1,208$845$577$388$257$38
33 years$1,159$800$539$357$232$32
34 years$1,112$758$504$328$210$27
35 years$1,069$719$471$302$190$23
36 years$1,028$682$441$278$172$19
37 years$989$648$412$256$156$16
38 years$952$616$386$236$142$13
39 years$917$586$362$218$129$11
40 years$885$557$339$201$117$10
41 years$853$530$318$185$106$8
42 years$824$505$298$171$96$7
43 years$796$481$280$158$87$6
44 years$769$459$263$146$79$5
45 years$743$438$247$135$72$4
46 years$719$417$232$124$65$3
47 years$696$398$218$115$59$3
48 years$673$380$205$106$54$2
49 years$652$363$192$98$49$2
50 years$632$347$181$91$44$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $647,000, adding $3,293 every year, while hoping to spend $38,758 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: 37/36/27 Blend
51$647,000$647,000$647,000$647,000
52$716,391$682,100$672,071$737,009
53$748,224$674,284$653,347$744,688
54$782,006$664,787$632,697$749,197
55$817,894$653,485$610,016$753,318
56$856,059$640,246$585,192$757,043
57$896,693$624,933$558,111$760,363
58$940,000$607,399$528,652$763,274
59$986,207$587,490$496,689$765,775
60$1,035,563$565,039$462,091$767,867
61$1,088,340$539,875$424,720$769,559
62$1,144,834$511,813$384,433$770,862
63$1,205,374$480,659$341,078$771,794
64$1,270,318$446,207$294,500$772,381
65$1,340,059$408,239$244,534$772,654
66$1,415,029$366,527$191,009$772,655
67$1,495,701$320,826$133,748$772,437
68$1,582,597$270,881$72,563$772,063
69$1,676,288$216,420$7,260$771,608
70$1,777,402$157,157$0$771,165
71$1,886,628$92,789$0$788,827
72$2,004,725$22,997$0$810,137
73$2,132,527$0$0$833,212
74$2,270,949$0$0$879,111
75$2,420,998$0$0$938,817
76$2,583,782$0$0$1,003,668
77$2,760,520$0$0$1,074,161
78$2,952,550$0$0$1,150,840
79$3,161,347$0$0$1,234,304
80$3,388,532$0$0$1,325,214
81$3,635,888$0$0$1,424,293
82$3,905,379$0$0$1,532,342
83$4,199,165$0$0$1,650,239
84$4,519,623$0$0$1,778,952
85$4,869,371$0$0$1,919,546
86$5,251,288$0$0$2,073,193
87$5,668,546$0$0$2,241,185
88$6,124,636$0$0$2,424,943
89$6,623,401$0$0$2,626,031
90$7,169,072$0$0$2,846,173
91$7,766,309$0$0$3,087,267
92$8,420,243$0$0$3,351,402
93$9,136,525$0$0$3,640,880
94$9,921,376$0$0$3,958,235
95$10,781,648$0$0$4,306,259
96$11,724,890$0$0$4,688,026
97$12,759,413$0$0$5,106,923
98$13,894,372$0$0$5,566,680
99$15,139,853$0$0$6,071,406
100$16,506,963$0$0$6,625,627