Can I retire at age 52 with 607,000?

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 $607,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$50,125$49,679$49,243$48,818$48,403$47,957
2 years$24,815$24,352$23,905$23,470$23,049$22,600
3 years$16,379$15,915$15,468$15,038$14,623$14,185
4 years$12,162$11,699$11,257$10,834$10,429$10,005
5 years$9,632$9,172$8,736$8,321$7,928$7,519
6 years$7,946$7,490$7,060$6,655$6,273$5,880
7 years$6,742$6,290$5,867$5,471$5,102$4,724
8 years$5,840$5,392$4,975$4,590$4,233$3,871
9 years$5,139$4,694$4,285$3,909$3,564$3,218
10 years$4,578$4,138$3,736$3,370$3,037$2,707
11 years$4,119$3,684$3,289$2,933$2,612$2,297
12 years$3,737$3,306$2,919$2,572$2,263$1,963
13 years$3,414$2,988$2,608$2,271$1,974$1,688
14 years$3,138$2,716$2,343$2,016$1,730$1,459
15 years$2,899$2,481$2,116$1,798$1,523$1,266
16 years$2,689$2,276$1,918$1,610$1,346$1,102
17 years$2,505$2,096$1,745$1,446$1,194$963
18 years$2,341$1,937$1,593$1,304$1,061$843
19 years$2,195$1,795$1,459$1,178$946$740
20 years$2,063$1,668$1,339$1,067$845$650
21 years$1,944$1,554$1,231$968$756$573
22 years$1,836$1,451$1,135$880$678$505
23 years$1,738$1,357$1,048$802$609$446
24 years$1,648$1,271$969$731$547$394
25 years$1,565$1,193$898$668$492$349
26 years$1,489$1,121$832$611$443$309
27 years$1,418$1,055$773$559$400$274
28 years$1,353$994$719$512$361$243
29 years$1,292$938$669$470$326$215
30 years$1,236$886$623$431$294$191
31 years$1,183$837$581$396$266$170
32 years$1,133$792$542$364$241$151
33 years$1,087$750$506$334$218$134
34 years$1,044$711$473$308$197$119
35 years$1,003$675$442$283$179$106
36 years$964$640$413$261$162$94
37 years$928$608$387$240$147$84
38 years$893$578$362$222$133$75
39 years$861$549$339$204$121$66
40 years$830$523$318$188$109$59
41 years$801$498$298$174$99$53
42 years$773$474$280$160$90$47
43 years$746$452$263$148$82$42
44 years$721$430$247$137$74$37
45 years$697$410$231$126$67$33
46 years$674$392$217$117$61$29
47 years$653$374$204$108$56$26
48 years$632$357$192$100$50$23
49 years$612$341$180$92$46$21
50 years$593$325$170$85$42$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $607,000, adding $6,327 every year, while hoping to spend $47,172 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: 53/36/11 Blend
51$607,000$607,000$607,000$607,000
52$675,440$643,269$633,861$708,990
53$694,145$624,599$604,904$713,848
54$713,176$603,433$573,397$713,507
55$732,517$579,598$539,203$712,039
56$752,149$552,914$502,182$709,346
57$772,049$523,187$462,185$705,326
58$792,188$490,214$419,059$699,869
59$812,535$453,778$372,642$692,855
60$833,054$413,653$322,765$684,160
61$853,701$369,598$269,253$673,646
62$874,427$321,357$211,922$661,170
63$895,178$268,663$150,581$646,574
64$915,890$211,231$85,029$629,692
65$936,490$148,760$15,057$610,346
66$956,898$80,935$0$588,342
67$977,021$7,421$0$570,474
68$996,756$0$0$551,863
69$1,015,986$0$0$559,108
70$1,034,582$0$0$568,888
71$1,052,395$0$0$578,178
72$1,069,262$0$0$586,880
73$1,085,000$0$0$594,887
74$1,099,403$0$0$602,076
75$1,112,243$0$0$608,314
76$1,123,265$0$0$613,450
77$1,132,184$0$0$617,318
78$1,138,685$0$0$619,731
79$1,142,417$0$0$620,482
80$1,142,987$0$0$619,343
81$1,139,964$0$0$616,057
82$1,132,864$0$0$610,344
83$1,121,154$0$0$601,888
84$1,104,241$0$0$590,342
85$1,081,467$0$0$575,321
86$1,052,105$0$0$556,398
87$1,015,349$0$0$533,100
88$970,305$0$0$504,904
89$915,986$0$0$471,231
90$851,298$0$0$431,441
91$775,030$0$0$384,824
92$685,846$0$0$330,598
93$582,265$0$0$267,897
94$462,653$0$0$195,762
95$325,201$0$0$113,137
96$167,913$0$0$18,852
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0