Can I retire at age 52 with 547,000?

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 $547,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$45,171$44,768$44,376$43,993$43,619$42,686
2 years$22,362$21,945$21,542$21,150$20,771$19,835
3 years$14,760$14,341$13,939$13,551$13,178$12,269
4 years$10,959$10,543$10,144$9,763$9,399$8,524
5 years$8,680$8,265$7,872$7,499$7,145$6,306
6 years$7,161$6,749$6,362$5,997$5,653$4,852
7 years$6,076$5,668$5,287$4,930$4,598$3,833
8 years$5,263$4,859$4,484$4,136$3,814$3,087
9 years$4,631$4,230$3,862$3,523$3,212$2,521
10 years$4,125$3,729$3,367$3,037$2,737$2,082
11 years$3,712$3,320$2,964$2,643$2,354$1,734
12 years$3,368$2,979$2,630$2,318$2,040$1,454
13 years$3,077$2,693$2,350$2,047$1,779$1,226
14 years$2,828$2,447$2,112$1,817$1,559$1,038
15 years$2,612$2,236$1,907$1,620$1,373$883
16 years$2,423$2,051$1,729$1,451$1,213$753
17 years$2,257$1,889$1,573$1,303$1,076$643
18 years$2,110$1,746$1,436$1,175$957$551
19 years$1,978$1,618$1,314$1,061$853$473
20 years$1,859$1,503$1,206$961$762$407
21 years$1,752$1,400$1,110$872$682$350
22 years$1,655$1,307$1,023$793$611$302
23 years$1,566$1,223$944$722$548$261
24 years$1,485$1,145$873$659$493$225
25 years$1,410$1,075$809$602$444$194
26 years$1,342$1,010$750$550$400$168
27 years$1,278$951$697$504$360$145
28 years$1,219$896$648$461$325$126
29 years$1,164$845$603$423$293$109
30 years$1,113$798$561$388$265$94
31 years$1,066$755$523$357$240$82
32 years$1,021$714$488$328$217$71
33 years$980$676$456$301$196$61
34 years$940$641$426$277$178$53
35 years$904$608$398$255$161$46
36 years$869$577$373$235$146$40
37 years$836$548$349$217$132$35
38 years$805$521$327$200$120$30
39 years$776$495$306$184$109$26
40 years$748$471$287$170$99$23
41 years$721$448$269$157$89$20
42 years$696$427$252$145$81$17
43 years$673$407$237$133$74$15
44 years$650$388$222$123$67$13
45 years$628$370$209$114$61$11
46 years$608$353$196$105$55$10
47 years$588$337$184$97$50$8
48 years$569$321$173$90$45$7
49 years$551$307$163$83$41$6
50 years$534$293$153$77$37$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $547,000, adding $2,237 every year, while hoping to spend $41,252 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: 51/25/24 Blend
51$547,000$547,000$547,000$547,000
52$605,101$576,110$567,632$631,793
53$622,930$560,448$542,756$634,876
54$641,194$542,636$515,664$633,849
55$659,896$522,524$486,238$631,890
56$679,034$499,956$454,355$628,926
57$698,606$474,765$419,887$624,879
58$718,609$446,774$382,699$619,670
59$739,039$415,798$342,651$613,212
60$759,887$381,638$299,596$605,411
61$781,143$344,086$253,380$596,171
62$802,796$302,922$203,845$585,386
63$824,830$257,914$150,822$572,946
64$847,225$208,815$94,137$558,733
65$869,961$155,365$33,609$542,621
66$893,009$97,290$0$524,476
67$916,339$34,301$0$512,089
68$939,915$0$0$507,076
69$963,693$0$0$510,040
70$987,627$0$0$522,496
71$1,011,658$0$0$534,977
72$1,035,725$0$0$547,444
73$1,059,755$0$0$559,858
74$1,083,664$0$0$572,169
75$1,107,360$0$0$584,326
76$1,130,739$0$0$596,267
77$1,153,680$0$0$607,924
78$1,176,050$0$0$619,222
79$1,197,701$0$0$630,075
80$1,218,463$0$0$640,388
81$1,238,148$0$0$650,052
82$1,256,547$0$0$658,950
83$1,273,423$0$0$666,946
84$1,288,516$0$0$673,893
85$1,301,531$0$0$679,624
86$1,312,145$0$0$683,955
87$1,319,993$0$0$686,681
88$1,324,673$0$0$687,573
89$1,325,737$0$0$686,378
90$1,322,687$0$0$682,815
91$1,314,970$0$0$676,570
92$1,301,973$0$0$667,297
93$1,283,016$0$0$654,613
94$1,257,345$0$0$638,092
95$1,224,124$0$0$617,262
96$1,182,428$0$0$591,600
97$1,131,234$0$0$560,530
98$1,069,405$0$0$523,411
99$995,688$0$0$479,535
100$908,693$0$0$428,121