Can I retire at age 52 with 516,000?

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 $516,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$42,611$42,231$41,861$41,499$41,147$40,119
2 years$21,094$20,702$20,321$19,952$19,594$18,565
3 years$13,923$13,529$13,149$12,783$12,431$11,434
4 years$10,338$9,945$9,569$9,210$8,866$7,907
5 years$8,188$7,797$7,426$7,074$6,740$5,822
6 years$6,755$6,367$6,001$5,657$5,333$4,458
7 years$5,732$5,347$4,987$4,651$4,337$3,504
8 years$4,965$4,583$4,229$3,902$3,598$2,807
9 years$4,368$3,991$3,643$3,323$3,030$2,280
10 years$3,891$3,517$3,176$2,865$2,582$1,872
11 years$3,502$3,131$2,796$2,493$2,220$1,550
12 years$3,177$2,811$2,481$2,187$1,924$1,292
13 years$2,903$2,540$2,217$1,931$1,678$1,083
14 years$2,668$2,309$1,992$1,714$1,471$912
15 years$2,464$2,109$1,798$1,528$1,295$770
16 years$2,286$1,935$1,631$1,369$1,145$653
17 years$2,129$1,782$1,484$1,230$1,015$554
18 years$1,990$1,647$1,354$1,108$902$472
19 years$1,866$1,526$1,240$1,001$804$402
20 years$1,754$1,418$1,138$907$718$344
21 years$1,653$1,321$1,047$823$643$294
22 years$1,561$1,233$965$748$576$251
23 years$1,477$1,153$891$682$517$215
24 years$1,401$1,081$824$622$465$185
25 years$1,330$1,014$763$568$418$158
26 years$1,266$953$708$519$377$136
27 years$1,206$897$657$475$340$117
28 years$1,150$845$611$435$307$100
29 years$1,098$797$568$399$277$86
30 years$1,050$753$529$366$250$74
31 years$1,005$712$494$336$226$64
32 years$963$674$461$309$205$55
33 years$924$638$430$284$185$47
34 years$887$605$402$262$168$41
35 years$852$573$376$241$152$35
36 years$820$544$351$222$138$30
37 years$789$517$329$204$125$26
38 years$759$491$308$188$113$22
39 years$732$467$289$174$102$19
40 years$705$444$270$160$93$17
41 years$681$423$254$148$84$14
42 years$657$403$238$136$77$12
43 years$634$384$223$126$69$11
44 years$613$366$210$116$63$9
45 years$593$349$197$107$57$8
46 years$573$333$185$99$52$7
47 years$555$318$174$92$47$6
48 years$537$303$163$85$43$5
49 years$520$290$153$78$39$4
50 years$504$277$144$72$35$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $516,000, adding $6,520 every year, while hoping to spend $24,173 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: 38/37/25 Blend
51$516,000$516,000$516,000$516,000
52$575,357$548,009$540,011$592,722
53$608,324$549,142$532,382$607,113
54$643,843$549,520$523,687$619,940
55$682,149$549,081$513,864$633,327
56$723,501$547,758$502,851$647,341
57$768,181$545,481$490,580$662,055
58$816,501$542,175$476,980$677,552
59$868,804$537,762$461,978$693,927
60$925,466$532,156$445,499$711,285
61$986,901$525,269$427,460$729,743
62$1,053,563$517,006$407,779$749,435
63$1,125,955$507,267$386,368$770,507
64$1,204,625$495,947$363,134$793,126
65$1,290,181$482,931$337,983$817,478
66$1,383,287$468,103$310,813$843,769
67$1,484,678$451,336$281,521$872,230
68$1,595,160$432,496$249,997$903,120
69$1,715,622$411,444$216,127$936,726
70$1,847,039$388,028$179,791$973,369
71$1,990,489$362,093$140,866$1,013,406
72$2,147,154$333,471$99,220$1,057,235
73$2,318,339$301,987$54,719$1,105,297
74$2,505,478$267,453$7,221$1,158,086
75$2,710,152$229,673$0$1,216,148
76$2,934,099$188,438$0$1,291,686
77$3,179,236$143,530$0$1,376,590
78$3,447,671$94,716$0$1,469,724
79$3,741,727$41,751$0$1,571,966
80$4,063,962$0$0$1,684,286
81$4,417,194$0$0$1,814,118
82$4,804,524$0$0$1,975,195
83$5,229,371$0$0$2,151,946
84$5,695,498$0$0$2,345,947
85$6,207,051$0$0$2,558,933
86$6,768,596$0$0$2,792,816
87$7,385,164$0$0$3,049,699
88$8,062,297$0$0$3,331,904
89$8,806,099$0$0$3,641,984
90$9,623,294$0$0$3,982,754
91$10,521,290$0$0$4,357,316
92$11,508,250$0$0$4,769,085
93$12,593,163$0$0$5,221,825
94$13,785,937$0$0$5,719,682
95$15,097,483$0$0$6,267,226
96$16,539,828$0$0$6,869,490
97$18,126,217$0$0$7,532,019
98$19,871,246$0$0$8,260,924
99$21,790,997$0$0$9,062,938
100$23,903,189$0$0$9,945,478