Can I retire at age 52 with 507,000?

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 $507,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$41,868$41,495$41,131$40,776$40,429$39,292
2 years$20,727$20,341$19,966$19,604$19,252$18,115
3 years$13,680$13,293$12,920$12,560$12,214$11,113
4 years$10,158$9,772$9,402$9,049$8,711$7,655
5 years$8,045$7,661$7,296$6,950$6,622$5,613
6 years$6,637$6,256$5,897$5,558$5,240$4,278
7 years$5,632$5,254$4,900$4,570$4,261$3,348
8 years$4,878$4,503$4,156$3,834$3,535$2,669
9 years$4,292$3,921$3,579$3,265$2,977$2,158
10 years$3,824$3,456$3,121$2,815$2,537$1,763
11 years$3,441$3,077$2,747$2,450$2,182$1,453
12 years$3,122$2,762$2,438$2,149$1,891$1,205
13 years$2,852$2,496$2,178$1,897$1,649$1,004
14 years$2,621$2,268$1,957$1,684$1,445$841
15 years$2,421$2,072$1,767$1,502$1,272$706
16 years$2,246$1,901$1,602$1,345$1,125$595
17 years$2,092$1,751$1,458$1,208$997$502
18 years$1,955$1,618$1,331$1,089$887$425
19 years$1,833$1,500$1,218$984$790$360
20 years$1,723$1,393$1,118$891$706$306
21 years$1,624$1,298$1,028$809$632$260
22 years$1,534$1,212$948$735$566$221
23 years$1,451$1,133$875$670$508$188
24 years$1,376$1,062$809$611$457$160
25 years$1,307$996$750$558$411$137
26 years$1,243$936$695$510$370$117
27 years$1,185$881$646$467$334$99
28 years$1,130$830$600$428$301$85
29 years$1,079$783$559$392$272$72
30 years$1,032$740$520$360$246$62
31 years$988$699$485$331$222$53
32 years$947$662$453$304$201$45
33 years$908$627$423$279$182$39
34 years$872$594$395$257$165$33
35 years$837$563$369$237$149$28
36 years$805$535$345$218$135$24
37 years$775$508$323$201$122$21
38 years$746$483$303$185$111$18
39 years$719$459$284$171$101$15
40 years$693$437$266$157$91$13
41 years$669$416$249$145$83$11
42 years$645$396$234$134$75$9
43 years$623$377$219$124$68$8
44 years$602$360$206$114$62$7
45 years$582$343$193$105$56$6
46 years$563$327$182$97$51$5
47 years$545$312$171$90$46$4
48 years$528$298$160$83$42$4
49 years$511$285$151$77$38$3
50 years$495$272$142$71$35$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $507,000, adding $2,626 every year, while hoping to spend $38,570 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: 50/34/16 Blend
51$507,000$507,000$507,000$507,000
52$561,423$534,552$526,693$586,893
53$577,650$519,707$503,299$589,866
54$594,239$502,841$477,829$588,874
55$611,187$483,816$450,172$586,951
56$628,488$462,483$420,213$584,022
57$646,136$438,687$387,832$580,007
58$664,120$412,260$352,902$574,822
59$682,428$383,030$315,293$568,376
60$701,048$350,810$274,866$560,572
61$719,960$315,405$231,480$551,308
62$739,144$276,608$184,983$540,474
63$758,577$234,201$135,220$527,952
64$778,228$187,954$82,026$513,618
65$798,066$137,623$25,233$497,339
66$818,052$82,949$0$478,972
67$838,142$23,662$0$464,406
68$858,285$0$0$452,427
69$878,425$0$0$453,747
70$898,495$0$0$463,852
71$918,423$0$0$473,849
72$938,124$0$0$483,690
73$957,504$0$0$493,322
74$976,457$0$0$502,686
75$994,864$0$0$511,715
76$1,012,591$0$0$520,334
77$1,029,488$0$0$528,460
78$1,045,387$0$0$535,999
79$1,060,101$0$0$542,846
80$1,073,421$0$0$548,885
81$1,085,112$0$0$553,986
82$1,094,916$0$0$558,005
83$1,102,542$0$0$560,780
84$1,107,668$0$0$562,132
85$1,109,936$0$0$561,864
86$1,108,948$0$0$559,754
87$1,104,261$0$0$555,556
88$1,095,386$0$0$549,000
89$1,081,778$0$0$539,783
90$1,062,834$0$0$527,572
91$1,037,885$0$0$511,997
92$1,006,191$0$0$492,647
93$966,930$0$0$469,069
94$919,196$0$0$440,761
95$861,982$0$0$407,166
96$794,177$0$0$367,670
97$714,550$0$0$321,593
98$621,741$0$0$268,183
99$514,247$0$0$206,610
100$390,404$0$0$135,956