Can I retire at age 52 with 508,000?

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 $508,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$41,950$41,576$41,212$40,856$40,509$40,236
2 years$20,767$20,381$20,006$19,642$19,290$19,015
3 years$13,707$13,319$12,945$12,585$12,238$11,970
4 years$10,178$9,791$9,421$9,067$8,728$8,468
5 years$8,061$7,676$7,311$6,964$6,635$6,384
6 years$6,650$6,268$5,908$5,569$5,250$5,008
7 years$5,643$5,264$4,910$4,579$4,270$4,038
8 years$4,888$4,512$4,164$3,841$3,542$3,319
9 years$4,301$3,929$3,586$3,272$2,983$2,770
10 years$3,831$3,463$3,127$2,820$2,542$2,338
11 years$3,447$3,083$2,753$2,454$2,186$1,991
12 years$3,128$2,767$2,443$2,153$1,894$1,708
13 years$2,858$2,501$2,183$1,901$1,652$1,475
14 years$2,626$2,273$1,961$1,687$1,448$1,279
15 years$2,426$2,076$1,771$1,505$1,275$1,115
16 years$2,251$1,905$1,605$1,347$1,127$975
17 years$2,096$1,754$1,461$1,211$999$855
18 years$1,959$1,621$1,333$1,091$888$752
19 years$1,837$1,503$1,221$986$792$662
20 years$1,727$1,396$1,120$893$707$585
21 years$1,627$1,301$1,030$810$633$517
22 years$1,537$1,214$950$737$567$458
23 years$1,454$1,135$877$671$509$407
24 years$1,379$1,064$811$612$458$361
25 years$1,310$998$751$559$412$321
26 years$1,246$938$697$511$371$285
27 years$1,187$883$647$468$335$254
28 years$1,132$832$601$429$302$226
29 years$1,081$785$560$393$273$202
30 years$1,034$741$521$361$246$180
31 years$990$701$486$331$223$161
32 years$949$663$453$304$201$144
33 years$910$628$423$280$182$128
34 years$873$595$396$258$165$115
35 years$839$564$370$237$149$102
36 years$807$536$346$218$135$92
37 years$776$509$324$201$123$82
38 years$748$484$303$185$111$73
39 years$720$460$284$171$101$65
40 years$695$438$266$158$92$59
41 years$670$416$250$146$83$52
42 years$647$397$234$134$75$47
43 years$625$378$220$124$68$42
44 years$604$360$206$114$62$38
45 years$584$344$194$106$56$34
46 years$564$328$182$98$51$30
47 years$546$313$171$90$46$27
48 years$529$299$161$83$42$24
49 years$512$285$151$77$38$22
50 years$496$272$142$71$35$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $508,000, adding $3,478 every year, while hoping to spend $24,559 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: 72/14/14 Blend
51$508,000$508,000$508,000$508,000
52$563,404$536,480$528,606$601,993
53$594,740$536,636$520,183$628,187
54$628,450$535,978$510,656$653,529
55$664,749$534,438$499,960$680,628
56$703,875$531,947$488,030$709,655
57$746,088$528,431$474,797$740,794
58$791,676$523,810$460,189$774,252
59$840,952$518,002$444,131$810,255
60$894,262$510,917$426,543$849,053
61$951,988$502,463$407,343$890,922
62$1,014,547$492,540$386,445$936,167
63$1,082,398$481,042$363,758$985,125
64$1,156,049$467,859$339,190$1,038,166
65$1,236,053$452,872$312,640$1,095,701
66$1,323,024$435,956$284,007$1,158,181
67$1,417,634$416,979$253,183$1,226,107
68$1,520,624$395,802$220,056$1,300,028
69$1,632,808$372,277$184,508$1,380,552
70$1,755,082$346,247$146,417$1,468,350
71$1,888,435$317,547$105,656$1,564,163
72$2,033,950$286,002$62,091$1,668,807
73$2,192,825$251,427$15,582$1,783,184
74$2,366,374$213,628$0$1,908,287
75$2,556,046$172,398$0$2,050,301
76$2,763,436$127,519$0$2,208,165
77$2,990,301$78,762$0$2,380,907
78$3,238,573$25,882$0$2,570,027
79$3,510,381$0$0$2,777,175
80$3,808,070$0$0$3,009,005
81$4,134,222$0$0$3,267,395
82$4,491,680$0$0$3,550,611
83$4,883,575$0$0$3,861,138
84$5,313,357$0$0$4,201,713
85$5,784,823$0$0$4,575,348
86$6,302,159$0$0$4,985,364
87$6,869,971$0$0$5,435,417
88$7,493,339$0$0$5,929,533
89$8,177,852$0$0$6,472,150
90$8,929,672$0$0$7,068,155
91$9,755,584$0$0$7,722,931
92$10,663,065$0$0$8,442,410
93$11,660,350$0$0$9,233,126
94$12,756,511$0$0$10,102,276
95$13,961,546$0$0$11,057,793
96$15,286,466$0$0$12,108,412
97$16,743,405$0$0$13,263,760
98$18,345,729$0$0$14,534,442
99$20,108,167$0$0$15,932,145
100$22,046,946$0$0$17,469,741