Can I retire at age 52 with 615,000?

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 $615,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$50,786$50,334$49,892$49,462$49,041$47,778
2 years$25,142$24,673$24,220$23,780$23,353$22,089
3 years$16,595$16,124$15,672$15,236$14,816$13,590
4 years$12,322$11,853$11,405$10,977$10,567$9,389
5 years$9,759$9,293$8,851$8,431$8,033$6,906
6 years$8,051$7,588$7,153$6,742$6,356$5,282
7 years$6,831$6,373$5,944$5,543$5,169$4,147
8 years$5,917$5,463$5,041$4,650$4,288$3,318
9 years$5,206$4,756$4,342$3,961$3,611$2,693
10 years$4,638$4,192$3,785$3,414$3,077$2,208
11 years$4,173$3,732$3,332$2,971$2,646$1,826
12 years$3,787$3,350$2,957$2,606$2,293$1,520
13 years$3,459$3,027$2,642$2,301$2,000$1,272
14 years$3,179$2,752$2,374$2,043$1,753$1,070
15 years$2,937$2,514$2,144$1,822$1,544$902
16 years$2,725$2,306$1,943$1,631$1,364$763
17 years$2,538$2,124$1,768$1,466$1,210$648
18 years$2,372$1,963$1,614$1,321$1,075$550
19 years$2,224$1,819$1,478$1,193$959$469
20 years$2,090$1,690$1,356$1,081$856$400
21 years$1,970$1,574$1,248$981$766$341
22 years$1,860$1,470$1,150$892$687$291
23 years$1,761$1,375$1,062$812$617$249
24 years$1,669$1,288$982$741$554$213
25 years$1,586$1,209$909$677$499$183
26 years$1,508$1,136$843$619$449$157
27 years$1,437$1,069$783$566$405$134
28 years$1,371$1,007$728$519$365$115
29 years$1,309$950$678$476$330$99
30 years$1,252$897$631$437$298$85
31 years$1,198$848$588$401$270$73
32 years$1,148$803$549$369$244$63
33 years$1,101$760$513$339$221$54
34 years$1,057$721$479$312$200$46
35 years$1,016$683$448$287$181$40
36 years$977$649$419$264$164$34
37 years$940$616$392$244$149$29
38 years$905$585$367$225$135$25
39 years$872$557$344$207$122$22
40 years$841$530$322$191$111$19
41 years$811$504$302$176$101$16
42 years$783$480$284$163$91$14
43 years$756$458$266$150$83$12
44 years$731$436$250$139$75$10
45 years$706$416$235$128$68$9
46 years$683$397$220$118$62$8
47 years$661$379$207$109$56$6
48 years$640$361$194$101$51$6
49 years$620$345$183$93$46$5
50 years$600$330$172$86$42$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $615,000, adding $5,565 every year, while hoping to spend $47,319 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: 39/44/17 Blend
51$615,000$615,000$615,000$615,000
52$683,470$650,875$641,343$706,456
53$702,837$632,421$612,481$704,950
54$722,594$611,477$581,066$698,361
55$742,729$587,870$546,963$690,237
56$763,231$561,420$510,030$680,464
57$784,084$531,932$470,119$668,921
58$805,268$499,205$427,075$655,477
59$826,762$463,022$380,738$639,997
60$848,537$423,155$330,939$622,333
61$870,563$379,365$277,500$602,331
62$892,802$331,396$220,239$579,824
63$915,214$278,980$158,963$554,638
64$937,749$221,834$93,471$526,585
65$960,352$159,656$23,555$495,466
66$982,960$92,131$0$461,070
67$1,005,500$18,924$0$432,433
68$1,027,891$0$0$405,215
69$1,050,040$0$0$404,132
70$1,071,844$0$0$412,017
71$1,093,185$0$0$419,657
72$1,113,931$0$0$426,993
73$1,133,934$0$0$433,959
74$1,153,028$0$0$440,484
75$1,171,028$0$0$446,486
76$1,187,727$0$0$451,873
77$1,202,892$0$0$456,545
78$1,216,266$0$0$460,390
79$1,227,560$0$0$463,280
80$1,236,454$0$0$465,077
81$1,242,592$0$0$465,625
82$1,245,575$0$0$464,753
83$1,244,965$0$0$462,268
84$1,240,272$0$0$457,957
85$1,230,951$0$0$451,586
86$1,216,402$0$0$442,894
87$1,195,955$0$0$431,589
88$1,168,870$0$0$417,353
89$1,134,326$0$0$399,829
90$1,091,416$0$0$378,625
91$1,039,132$0$0$353,306
92$976,362$0$0$323,389
93$901,873$0$0$288,344
94$814,303$0$0$247,582
95$712,144$0$0$200,451
96$593,731$0$0$146,232
97$457,222$0$0$84,132
98$300,581$0$0$13,271
99$121,559$0$0$0
100$0$0$0$0