Can I retire at age 52 with 623,000?

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 $623,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$51,447$50,988$50,541$50,105$49,679$47,897
2 years$25,469$24,994$24,535$24,089$23,657$21,881
3 years$16,810$16,334$15,876$15,434$15,009$13,295
4 years$12,482$12,007$11,553$11,119$10,704$9,065
5 years$9,886$9,414$8,966$8,541$8,137$6,577
6 years$8,156$7,687$7,246$6,830$6,439$4,959
7 years$6,920$6,456$6,021$5,615$5,236$3,837
8 years$5,994$5,534$5,106$4,711$4,344$3,023
9 years$5,274$4,818$4,398$4,012$3,658$2,414
10 years$4,698$4,247$3,834$3,459$3,117$1,948
11 years$4,228$3,781$3,376$3,010$2,681$1,584
12 years$3,836$3,393$2,996$2,640$2,323$1,296
13 years$3,504$3,067$2,677$2,331$2,026$1,066
14 years$3,221$2,787$2,405$2,069$1,776$880
15 years$2,975$2,546$2,171$1,845$1,564$729
16 years$2,760$2,336$1,969$1,652$1,382$605
17 years$2,571$2,152$1,791$1,485$1,225$504
18 years$2,403$1,988$1,635$1,338$1,089$420
19 years$2,252$1,843$1,497$1,209$971$351
20 years$2,117$1,712$1,374$1,095$867$293
21 years$1,995$1,595$1,264$994$776$245
22 years$1,885$1,489$1,165$903$696$205
23 years$1,784$1,392$1,075$823$625$172
24 years$1,691$1,305$995$750$561$144
25 years$1,606$1,224$921$685$505$121
26 years$1,528$1,151$854$627$455$102
27 years$1,456$1,083$793$574$410$85
28 years$1,389$1,020$738$526$370$72
29 years$1,326$963$686$482$334$60
30 years$1,268$909$639$442$302$51
31 years$1,214$859$596$406$273$42
32 years$1,163$813$556$373$247$36
33 years$1,116$770$519$343$224$30
34 years$1,071$730$485$316$202$25
35 years$1,029$692$454$291$183$21
36 years$989$657$424$268$166$18
37 years$952$624$397$247$151$15
38 years$917$593$372$227$136$13
39 years$883$564$348$210$124$11
40 years$852$537$327$193$112$9
41 years$822$511$306$178$102$7
42 years$793$486$287$165$92$6
43 years$766$463$270$152$84$5
44 years$740$442$253$140$76$4
45 years$716$421$238$130$69$4
46 years$692$402$223$120$63$3
47 years$670$384$210$111$57$3
48 years$648$366$197$102$52$2
49 years$628$350$185$94$47$2
50 years$608$334$174$87$43$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $623,000, adding $6,174 every year, while hoping to spend $38,602 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: 22/49/29 Blend
51$623,000$623,000$623,000$623,000
52$692,914$659,895$650,239$701,712
53$722,520$651,158$630,950$701,281
54$753,851$640,699$609,721$697,211
55$787,043$628,393$586,446$692,032
56$822,244$614,107$561,015$685,678
57$859,616$597,701$533,311$678,082
58$899,335$579,027$503,216$669,175
59$941,595$557,926$470,601$658,885
60$986,606$534,234$435,335$647,137
61$1,034,602$507,773$397,281$633,857
62$1,085,835$478,358$356,293$618,966
63$1,140,583$445,790$312,222$602,387
64$1,199,152$409,863$264,911$584,038
65$1,261,875$370,355$214,194$563,839
66$1,329,118$327,035$159,902$541,708
67$1,401,284$279,656$101,855$517,561
68$1,478,813$227,957$39,865$491,317
69$1,562,191$171,666$0$462,894
70$1,651,948$110,491$0$440,344
71$1,748,668$44,126$0$429,147
72$1,852,993$0$0$416,943
73$1,965,626$0$0$418,690
74$2,087,342$0$0$446,377
75$2,218,992$0$0$476,414
76$2,361,511$0$0$509,027
77$2,515,926$0$0$544,463
78$2,683,368$0$0$582,995
79$2,865,080$0$0$624,921
80$3,062,429$0$0$670,571
81$3,276,918$0$0$720,307
82$3,510,202$0$0$774,529
83$3,764,101$0$0$833,675
84$4,040,617$0$0$898,228
85$4,341,954$0$0$968,721
86$4,670,537$0$0$1,045,738
87$5,029,035$0$0$1,129,925
88$5,420,386$0$0$1,221,991
89$5,847,824$0$0$1,322,717
90$6,314,909$0$0$1,432,964
91$6,825,561$0$0$1,553,679
92$7,384,095$0$0$1,685,905
93$7,995,263$0$0$1,830,791
94$8,664,297$0$0$1,989,603
95$9,396,959$0$0$2,163,734
96$10,199,592$0$0$2,354,718
97$11,079,184$0$0$2,564,247
98$12,043,431$0$0$2,794,183
99$13,100,807$0$0$3,046,576
100$14,260,647$0$0$3,323,686