Can I retire at age 52 with 497,000?

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 $497,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$41,042$40,676$40,320$39,971$39,631$39,398
2 years$20,318$19,939$19,573$19,217$18,872$18,637
3 years$13,411$13,031$12,665$12,313$11,973$11,743
4 years$9,958$9,579$9,217$8,870$8,539$8,316
5 years$7,887$7,510$7,153$6,813$6,492$6,276
6 years$6,506$6,132$5,780$5,449$5,137$4,929
7 years$5,521$5,150$4,803$4,480$4,177$3,978
8 years$4,782$4,415$4,074$3,758$3,466$3,274
9 years$4,207$3,844$3,509$3,201$2,918$2,735
10 years$3,748$3,388$3,059$2,759$2,487$2,311
11 years$3,373$3,016$2,693$2,401$2,139$1,971
12 years$3,060$2,707$2,390$2,106$1,853$1,693
13 years$2,796$2,446$2,135$1,860$1,616$1,463
14 years$2,569$2,224$1,919$1,651$1,417$1,271
15 years$2,373$2,031$1,732$1,472$1,247$1,109
16 years$2,202$1,864$1,571$1,318$1,102$971
17 years$2,051$1,716$1,429$1,184$977$853
18 years$1,917$1,586$1,305$1,067$869$751
19 years$1,797$1,470$1,194$964$775$663
20 years$1,689$1,366$1,096$873$692$586
21 years$1,592$1,272$1,008$793$619$519
22 years$1,503$1,188$929$721$555$461
23 years$1,423$1,111$858$656$498$409
24 years$1,349$1,041$793$599$448$364
25 years$1,281$977$735$547$403$324
26 years$1,219$918$682$500$363$289
27 years$1,161$864$633$458$327$257
28 years$1,108$814$588$419$295$230
29 years$1,058$768$548$384$267$205
30 years$1,012$725$510$353$241$183
31 years$968$686$475$324$218$164
32 years$928$649$444$298$197$147
33 years$890$614$414$274$178$131
34 years$854$582$387$252$161$117
35 years$821$552$362$232$146$105
36 years$789$524$338$214$132$94
37 years$760$498$317$197$120$84
38 years$731$473$297$181$109$76
39 years$705$450$278$167$99$68
40 years$679$428$261$154$90$61
41 years$656$407$244$142$81$54
42 years$633$388$229$131$74$49
43 years$611$370$215$121$67$44
44 years$591$352$202$112$61$39
45 years$571$336$190$103$55$35
46 years$552$321$178$96$50$32
47 years$534$306$167$88$45$28
48 years$517$292$157$82$41$25
49 years$501$279$148$75$37$23
50 years$485$266$139$70$34$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $497,000, adding $3,714 every year, while hoping to spend $31,380 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: 61/24/15 Blend
51$497,000$497,000$497,000$497,000
52$551,525$525,184$517,480$582,886
53$574,392$517,530$501,428$596,783
54$598,541$508,449$483,786$608,078
55$624,067$497,838$464,468$619,657
56$651,078$485,589$443,384$631,550
57$679,690$471,585$420,440$643,793
58$710,030$455,704$395,536$656,423
59$742,237$437,817$368,569$669,486
60$776,461$417,786$339,433$683,033
61$812,870$395,467$308,014$697,121
62$851,644$370,707$274,194$711,816
63$892,984$343,343$237,851$727,191
64$937,105$313,204$198,856$743,331
65$984,248$280,109$157,076$760,329
66$1,034,673$243,867$112,370$778,292
67$1,088,668$204,274$64,593$797,338
68$1,146,547$161,118$13,591$817,602
69$1,208,654$114,173$0$839,234
70$1,275,369$63,199$0$868,940
71$1,347,107$7,947$0$903,117
72$1,424,325$0$0$939,830
73$1,507,523$0$0$993,037
74$1,597,251$0$0$1,052,713
75$1,694,114$0$0$1,117,165
76$1,798,776$0$0$1,186,840
77$1,911,968$0$0$1,262,226
78$2,034,492$0$0$1,343,863
79$2,167,229$0$0$1,432,343
80$2,311,149$0$0$1,528,317
81$2,467,320$0$0$1,632,502
82$2,636,914$0$0$1,745,685
83$2,821,221$0$0$1,868,732
84$3,021,661$0$0$2,002,598
85$3,239,795$0$0$2,148,330
86$3,477,341$0$0$2,307,083
87$3,736,190$0$0$2,480,127
88$4,018,423$0$0$2,668,860
89$4,326,329$0$0$2,874,821
90$4,662,430$0$0$3,099,701
91$5,029,500$0$0$3,345,367
92$5,430,593$0$0$3,613,870
93$5,869,072$0$0$3,907,469
94$6,348,640$0$0$4,228,652
95$6,873,373$0$0$4,580,158
96$7,447,760$0$0$4,965,004
97$8,076,742$0$0$5,386,511
98$8,765,765$0$0$5,848,336
99$9,520,821$0$0$6,354,508
100$10,348,513$0$0$6,909,464