Can I retire at age 52 with 616,000?

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 $616,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.4%
1 years$50,869$50,416$49,974$49,542$49,121$47,836
2 years$25,183$24,714$24,259$23,818$23,391$22,105
3 years$16,622$16,151$15,697$15,261$14,840$13,594
4 years$12,342$11,872$11,424$10,994$10,584$9,387
5 years$9,775$9,308$8,865$8,445$8,046$6,901
6 years$8,064$7,601$7,164$6,753$6,366$5,275
7 years$6,842$6,383$5,954$5,552$5,178$4,140
8 years$5,927$5,471$5,049$4,658$4,295$3,310
9 years$5,215$4,764$4,349$3,967$3,617$2,684
10 years$4,646$4,199$3,791$3,420$3,082$2,200
11 years$4,180$3,738$3,338$2,976$2,651$1,818
12 years$3,793$3,355$2,962$2,611$2,297$1,513
13 years$3,465$3,032$2,647$2,305$2,003$1,265
14 years$3,184$2,756$2,378$2,046$1,756$1,063
15 years$2,942$2,518$2,147$1,825$1,546$896
16 years$2,729$2,310$1,947$1,634$1,366$758
17 years$2,542$2,127$1,771$1,468$1,212$642
18 years$2,376$1,966$1,617$1,323$1,077$545
19 years$2,227$1,822$1,480$1,195$960$464
20 years$2,094$1,693$1,359$1,083$858$395
21 years$1,973$1,577$1,250$983$767$337
22 years$1,863$1,472$1,152$893$688$288
23 years$1,764$1,377$1,063$814$618$246
24 years$1,672$1,290$983$742$555$210
25 years$1,588$1,211$911$678$499$180
26 years$1,511$1,138$845$620$450$154
27 years$1,439$1,071$784$567$406$132
28 years$1,373$1,009$729$520$366$113
29 years$1,311$952$679$477$330$97
30 years$1,254$899$632$437$299$83
31 years$1,200$850$589$402$270$71
32 years$1,150$804$550$369$244$61
33 years$1,103$761$513$339$221$53
34 years$1,059$722$480$312$200$45
35 years$1,017$685$448$288$181$39
36 years$978$650$420$265$164$33
37 years$941$617$393$244$149$29
38 years$907$586$368$225$135$25
39 years$873$558$345$207$122$21
40 years$842$531$323$191$111$18
41 years$812$505$303$176$101$16
42 years$784$481$284$163$91$13
43 years$757$458$267$150$83$11
44 years$732$437$250$139$75$10
45 years$708$417$235$128$68$8
46 years$684$397$221$118$62$7
47 years$662$379$207$109$56$6
48 years$641$362$195$101$51$5
49 years$621$346$183$93$46$5
50 years$601$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 $616,000, adding $6,948 every year, while hoping to spend $45,583 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: 40/45/15 Blend
51$616,000$616,000$616,000$616,000
52$685,999$653,351$643,803$710,122
53$707,471$636,865$616,870$711,408
54$729,605$618,044$587,508$707,832
55$752,421$596,724$555,586$702,983
56$775,939$572,735$520,969$696,769
57$800,179$545,893$483,515$689,091
58$825,162$516,006$443,078$679,844
59$850,909$482,871$399,502$668,918
60$877,442$446,272$352,625$656,195
61$904,784$405,982$302,280$641,552
62$932,956$361,759$248,291$624,859
63$961,982$313,350$190,474$605,976
64$991,886$260,486$128,636$584,758
65$1,022,691$202,882$62,578$561,050
66$1,054,421$140,239$0$534,689
67$1,087,101$72,241$0$506,770
68$1,120,757$0$0$486,615
69$1,155,412$0$0$464,759
70$1,191,093$0$0$479,084
71$1,227,826$0$0$493,828
72$1,265,635$0$0$509,001
73$1,304,546$0$0$524,613
74$1,344,586$0$0$540,674
75$1,385,779$0$0$557,194
76$1,428,152$0$0$574,181
77$1,471,729$0$0$591,647
78$1,516,534$0$0$609,599
79$1,562,593$0$0$628,046
80$1,609,928$0$0$646,998
81$1,658,561$0$0$666,462
82$1,708,514$0$0$686,445
83$1,759,807$0$0$706,955
84$1,812,458$0$0$727,998
85$1,866,484$0$0$749,578
86$1,921,899$0$0$771,700
87$1,978,715$0$0$794,367
88$2,036,940$0$0$817,580
89$2,096,582$0$0$841,341
90$2,157,640$0$0$865,646
91$2,220,114$0$0$890,493
92$2,283,995$0$0$915,876
93$2,349,271$0$0$941,786
94$2,415,923$0$0$968,212
95$2,483,925$0$0$995,140
96$2,553,242$0$0$1,022,553
97$2,623,833$0$0$1,050,427
98$2,695,644$0$0$1,078,737
99$2,768,612$0$0$1,107,452
100$2,842,659$0$0$1,136,534