Can I retire at age 52 with 602,000?

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 $602,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$49,713$49,270$48,838$48,416$48,004$46,301
2 years$24,610$24,152$23,708$23,277$22,859$21,161
3 years$16,244$15,784$15,340$14,914$14,503$12,864
4 years$12,061$11,603$11,164$10,745$10,344$8,776
5 years$9,553$9,097$8,664$8,253$7,863$6,371
6 years$7,881$7,428$7,002$6,600$6,222$4,806
7 years$6,687$6,238$5,818$5,426$5,060$3,720
8 years$5,792$5,347$4,934$4,552$4,198$2,933
9 years$5,096$4,656$4,250$3,877$3,535$2,344
10 years$4,540$4,104$3,705$3,342$3,012$1,892
11 years$4,085$3,653$3,262$2,909$2,590$1,540
12 years$3,707$3,279$2,895$2,551$2,245$1,261
13 years$3,386$2,963$2,586$2,252$1,958$1,038
14 years$3,112$2,694$2,324$1,999$1,716$857
15 years$2,875$2,461$2,098$1,783$1,511$711
16 years$2,667$2,258$1,902$1,597$1,335$590
17 years$2,484$2,079$1,731$1,435$1,184$492
18 years$2,322$1,921$1,580$1,293$1,053$410
19 years$2,177$1,781$1,447$1,168$938$343
20 years$2,046$1,655$1,328$1,058$838$287
21 years$1,928$1,541$1,221$960$750$240
22 years$1,821$1,439$1,125$873$672$201
23 years$1,723$1,346$1,039$795$604$169
24 years$1,634$1,261$961$725$542$142
25 years$1,552$1,183$890$662$488$119
26 years$1,476$1,112$826$606$440$100
27 years$1,407$1,046$767$554$396$84
28 years$1,342$986$713$508$358$71
29 years$1,282$930$663$466$323$59
30 years$1,225$878$618$427$292$50
31 years$1,173$830$576$393$264$42
32 years$1,124$786$537$361$239$35
33 years$1,078$744$502$332$216$30
34 years$1,035$705$469$305$196$25
35 years$994$669$438$281$177$21
36 years$956$635$410$259$160$18
37 years$920$603$384$238$145$15
38 years$886$573$359$220$132$13
39 years$854$545$337$203$120$11
40 years$823$518$316$187$108$9
41 years$794$494$296$172$98$7
42 years$766$470$278$159$89$6
43 years$740$448$260$147$81$5
44 years$715$427$244$136$74$4
45 years$691$407$230$125$67$4
46 years$669$388$216$116$61$3
47 years$647$371$203$107$55$3
48 years$626$354$190$99$50$2
49 years$607$338$179$91$45$2
50 years$588$323$168$84$41$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $602,000, adding $4,409 every year, while hoping to spend $34,494 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: 55/37/8 Blend
51$602,000$602,000$602,000$602,000
52$667,952$636,046$626,715$703,181
53$699,382$630,511$611,008$721,956
54$732,861$623,548$593,620$738,197
55$768,563$615,052$574,456$755,046
56$806,676$604,910$553,420$772,565
57$847,409$593,002$530,411$790,826
58$890,987$579,201$505,322$809,908
59$937,660$563,374$478,043$829,902
60$987,701$545,379$448,457$850,909
61$1,041,410$525,066$416,444$873,041
62$1,099,115$502,276$381,877$896,427
63$1,161,178$476,841$344,623$921,209
64$1,227,995$448,584$304,545$947,547
65$1,300,002$417,315$261,498$975,619
66$1,377,675$382,837$215,331$1,005,627
67$1,461,542$344,939$165,888$1,037,795
68$1,552,177$303,400$113,004$1,072,371
69$1,650,217$257,984$56,507$1,109,636
70$1,756,358$208,444$0$1,149,902
71$1,871,367$154,518$0$1,193,838
72$1,996,086$95,929$0$1,246,679
73$2,131,442$32,385$0$1,304,043
74$2,278,455$0$0$1,366,429
75$2,438,246$0$0$1,449,220
76$2,612,049$0$0$1,553,660
77$2,801,220$0$0$1,667,387
78$3,007,253$0$0$1,791,305
79$3,231,790$0$0$1,926,409
80$3,476,642$0$0$2,073,793
81$3,743,797$0$0$2,234,664
82$4,035,447$0$0$2,410,348
83$4,354,003$0$0$2,602,305
84$4,702,121$0$0$2,812,145
85$5,082,723$0$0$3,041,637
86$5,499,028$0$0$3,292,731
87$5,954,579$0$0$3,567,573
88$6,453,277$0$0$3,868,526
89$6,999,419$0$0$4,198,195
90$7,597,737$0$0$4,559,445
91$8,253,441$0$0$4,955,432
92$8,972,270$0$0$5,389,635
93$9,760,545$0$0$5,865,882
94$10,625,226$0$0$6,388,390
95$11,573,982$0$0$6,961,807
96$12,615,258$0$0$7,591,249
97$13,758,357$0$0$8,282,353
98$15,013,526$0$0$9,041,329
99$16,392,055$0$0$9,875,017
100$17,906,380$0$0$10,790,953