Can I retire at age 52 with 620,000?

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 $620,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$51,199$50,743$50,298$49,864$49,440$48,069
2 years$25,346$24,874$24,417$23,973$23,543$22,172
3 years$16,730$16,255$15,799$15,360$14,936$13,609
4 years$12,422$11,949$11,498$11,066$10,653$9,378
5 years$9,838$9,369$8,923$8,500$8,098$6,880
6 years$8,116$7,650$7,211$6,797$6,408$5,247
7 years$6,887$6,425$5,992$5,588$5,211$4,109
8 years$5,965$5,507$5,082$4,688$4,323$3,278
9 years$5,249$4,795$4,377$3,993$3,641$2,652
10 years$4,676$4,226$3,816$3,442$3,102$2,168
11 years$4,207$3,763$3,360$2,996$2,668$1,787
12 years$3,817$3,377$2,982$2,628$2,312$1,483
13 years$3,488$3,052$2,664$2,320$2,016$1,237
14 years$3,205$2,774$2,393$2,059$1,767$1,036
15 years$2,961$2,534$2,161$1,836$1,556$871
16 years$2,747$2,325$1,959$1,644$1,375$734
17 years$2,558$2,141$1,783$1,477$1,219$621
18 years$2,391$1,979$1,627$1,331$1,084$526
19 years$2,242$1,834$1,490$1,203$966$446
20 years$2,107$1,704$1,367$1,090$863$379
21 years$1,986$1,587$1,258$989$772$322
22 years$1,875$1,482$1,159$899$692$274
23 years$1,775$1,386$1,070$819$622$234
24 years$1,683$1,298$990$747$559$199
25 years$1,598$1,218$917$682$503$170
26 years$1,521$1,145$850$624$453$145
27 years$1,449$1,078$790$571$408$124
28 years$1,382$1,016$734$523$368$106
29 years$1,320$958$683$480$333$90
30 years$1,262$905$636$440$301$77
31 years$1,208$855$593$404$272$66
32 years$1,158$809$553$372$246$56
33 years$1,110$766$517$342$222$48
34 years$1,066$726$483$314$201$41
35 years$1,024$689$451$289$182$35
36 years$985$654$422$267$165$30
37 years$948$621$395$246$150$26
38 years$912$590$370$226$136$22
39 years$879$561$347$209$123$19
40 years$848$534$325$192$112$16
41 years$818$508$305$178$101$14
42 years$789$484$286$164$92$12
43 years$762$461$268$151$83$10
44 years$737$440$252$140$76$9
45 years$712$419$236$129$69$7
46 years$689$400$222$119$62$6
47 years$667$382$209$110$57$5
48 years$645$364$196$102$51$5
49 years$625$348$184$94$47$4
50 years$605$332$173$87$42$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $620,000, adding $2,539 every year, while hoping to spend $42,758 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: 41/49/10 Blend
51$620,000$620,000$620,000$620,000
52$685,859$652,999$643,389$711,846
53$710,322$639,502$619,448$716,815
54$735,848$623,910$593,273$717,728
55$762,499$606,076$564,742$717,756
56$790,344$585,844$533,730$716,838
57$819,456$563,047$500,107$714,907
58$849,915$537,511$463,736$711,897
59$881,807$509,050$424,472$707,735
60$915,227$477,469$382,167$702,349
61$950,274$442,559$336,664$695,661
62$987,060$404,102$287,800$687,591
63$1,025,704$361,867$235,405$678,057
64$1,066,335$315,607$179,300$666,974
65$1,109,094$265,066$119,300$654,253
66$1,154,136$209,968$55,211$639,804
67$1,201,628$150,026$0$623,532
68$1,251,751$84,935$0$606,748
69$1,304,705$14,372$0$594,326
70$1,360,707$0$0$580,291
71$1,419,993$0$0$597,997
72$1,482,821$0$0$625,011
73$1,549,475$0$0$653,711
74$1,620,262$0$0$684,233
75$1,695,521$0$0$716,730
76$1,775,622$0$0$751,367
77$1,860,968$0$0$788,325
78$1,952,002$0$0$827,802
79$2,049,211$0$0$870,017
80$2,153,125$0$0$915,208
81$2,264,327$0$0$963,637
82$2,383,457$0$0$1,015,590
83$2,511,216$0$0$1,071,383
84$2,648,372$0$0$1,131,361
85$2,795,771$0$0$1,195,904
86$2,954,337$0$0$1,265,428
87$3,125,090$0$0$1,340,391
88$3,309,145$0$0$1,421,296
89$3,507,731$0$0$1,508,695
90$3,722,196$0$0$1,603,196
91$3,954,022$0$0$1,705,464
92$4,204,837$0$0$1,816,235
93$4,476,432$0$0$1,936,314
94$4,770,775$0$0$2,066,587
95$5,090,029$0$0$2,208,031
96$5,436,575$0$0$2,361,718
97$5,813,032$0$0$2,528,827
98$6,222,277$0$0$2,710,657
99$6,667,479$0$0$2,908,637
100$7,152,123$0$0$3,124,337