Can I retire at age 47 with 525,000?

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 $525,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$43,354$42,968$42,591$42,223$41,864$41,444
2 years$21,462$21,063$20,675$20,300$19,935$19,512
3 years$14,166$13,765$13,378$13,006$12,648$12,235
4 years$10,519$10,118$9,736$9,370$9,021$8,621
5 years$8,331$7,933$7,556$7,197$6,857$6,472
6 years$6,873$6,478$6,106$5,756$5,426$5,056
7 years$5,832$5,440$5,074$4,732$4,413$4,058
8 years$5,051$4,663$4,303$3,970$3,661$3,321
9 years$4,444$4,060$3,706$3,381$3,083$2,758
10 years$3,959$3,579$3,231$2,915$2,627$2,316
11 years$3,563$3,186$2,845$2,537$2,259$1,963
12 years$3,232$2,860$2,525$2,225$1,958$1,676
13 years$2,953$2,584$2,256$1,964$1,707$1,439
14 years$2,714$2,349$2,027$1,744$1,496$1,242
15 years$2,507$2,146$1,830$1,555$1,318$1,076
16 years$2,326$1,969$1,659$1,392$1,165$936
17 years$2,166$1,813$1,510$1,251$1,033$816
18 years$2,025$1,675$1,378$1,127$918$714
19 years$1,898$1,553$1,262$1,019$818$625
20 years$1,784$1,443$1,158$923$731$549
21 years$1,681$1,344$1,065$837$654$483
22 years$1,588$1,255$982$761$586$425
23 years$1,503$1,173$906$693$526$375
24 years$1,425$1,099$838$632$473$331
25 years$1,354$1,032$776$578$426$292
26 years$1,288$970$720$528$383$258
27 years$1,227$913$669$483$346$229
28 years$1,170$860$622$443$312$202
29 years$1,118$811$578$406$282$179
30 years$1,069$766$539$373$255$159
31 years$1,023$724$502$342$230$141
32 years$980$685$469$315$208$125
33 years$940$649$438$289$188$111
34 years$903$615$409$266$171$98
35 years$867$583$382$245$154$87
36 years$834$554$358$226$140$78
37 years$802$526$335$208$127$69
38 years$773$500$313$192$115$61
39 years$744$475$294$177$104$54
40 years$718$452$275$163$95$48
41 years$692$430$258$150$86$43
42 years$668$410$242$139$78$38
43 years$646$391$227$128$71$34
44 years$624$372$213$118$64$30
45 years$603$355$200$109$58$27
46 years$583$339$188$101$53$24
47 years$564$323$177$93$48$21
48 years$546$309$166$86$44$19
49 years$529$295$156$80$40$17
50 years$513$281$147$74$36$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 47 starting with $525,000, adding $3,676 every year, while hoping to spend $25,283 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: 59/36/5 Blend
46$525,000$525,000$525,000$525,000
47$582,342$554,517$546,379$615,967
48$614,840$554,787$537,782$639,195
49$649,805$554,223$528,049$661,280
50$687,463$552,758$517,117$684,715
51$728,060$550,319$504,916$709,631
52$771,868$546,831$491,377$736,171
53$819,186$542,212$476,425$764,496
54$870,340$536,378$459,982$794,781
55$925,691$529,237$441,968$827,222
56$985,635$520,693$422,298$862,038
57$1,050,607$510,645$400,882$899,467
58$1,121,087$498,984$377,629$939,775
59$1,197,600$485,596$352,442$983,256
60$1,280,725$470,360$325,219$1,030,237
61$1,371,099$453,149$295,854$1,081,077
62$1,469,424$433,825$264,238$1,136,176
63$1,576,470$412,247$230,254$1,195,974
64$1,693,085$388,262$193,783$1,260,959
65$1,820,202$361,710$154,698$1,331,673
66$1,958,850$332,422$112,867$1,408,711
67$2,110,160$300,217$68,155$1,492,735
68$2,275,375$264,907$20,417$1,584,474
69$2,455,867$226,291$0$1,684,738
70$2,653,143$184,157$0$1,796,046
71$2,868,866$138,282$0$1,919,027
72$3,104,862$88,430$0$2,053,690
73$3,363,147$34,352$0$2,201,249
74$3,645,936$0$0$2,363,046
75$3,955,673$0$0$2,550,158
76$4,295,044$0$0$2,770,126
77$4,667,012$0$0$3,011,266
78$5,074,838$0$0$3,275,697
79$5,522,114$0$0$3,565,755
80$6,012,795$0$0$3,884,011
81$6,551,240$0$0$4,233,297
82$7,142,248$0$0$4,616,734
83$7,791,106$0$0$5,037,758
84$8,503,639$0$0$5,500,155
85$9,286,263$0$0$6,008,096
86$10,146,044$0$0$6,566,175
87$11,090,770$0$0$7,179,453
88$12,129,017$0$0$7,853,507
89$13,270,235$0$0$8,594,479
90$14,524,836$0$0$9,409,138
91$15,904,288$0$0$10,304,940
92$17,421,229$0$0$11,290,100
93$19,089,581$0$0$12,373,669
94$20,924,684$0$0$13,565,619
95$22,943,438$0$0$14,876,938
96$25,164,465$0$0$16,319,732
97$27,608,282$0$0$17,907,339
98$30,297,495$0$0$19,654,457
99$33,257,012$0$0$21,577,278
100$36,514,279$0$0$23,693,646