Can I retire at age 52 with 653,000?

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 $653,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$53,924$53,444$52,975$52,518$52,071$50,751
2 years$26,695$26,198$25,716$25,249$24,796$23,474
3 years$17,620$17,121$16,640$16,177$15,731$14,450
4 years$13,083$12,585$12,110$11,655$11,220$9,988
5 years$10,362$9,867$9,398$8,952$8,529$7,350
6 years$8,548$8,057$7,595$7,159$6,749$5,625
7 years$7,253$6,766$6,311$5,886$5,489$4,419
8 years$6,283$5,800$5,352$4,937$4,553$3,538
9 years$5,528$5,050$4,610$4,206$3,835$2,872
10 years$4,925$4,451$4,019$3,625$3,267$2,357
11 years$4,431$3,963$3,538$3,155$2,810$1,950
12 years$4,021$3,557$3,140$2,767$2,435$1,625
13 years$3,673$3,214$2,806$2,443$2,123$1,361
14 years$3,376$2,922$2,521$2,169$1,861$1,145
15 years$3,118$2,669$2,276$1,934$1,639$966
16 years$2,893$2,449$2,063$1,732$1,448$818
17 years$2,695$2,255$1,878$1,556$1,284$694
18 years$2,518$2,084$1,714$1,402$1,142$591
19 years$2,361$1,931$1,569$1,267$1,018$503
20 years$2,219$1,795$1,440$1,148$909$429
21 years$2,091$1,672$1,325$1,042$814$367
22 years$1,975$1,560$1,221$947$729$314
23 years$1,869$1,459$1,127$862$655$269
24 years$1,773$1,367$1,042$787$588$230
25 years$1,684$1,283$966$718$529$197
26 years$1,602$1,206$896$657$477$169
27 years$1,526$1,135$832$601$430$145
28 years$1,455$1,070$773$551$388$125
29 years$1,390$1,009$719$505$350$107
30 years$1,329$953$670$464$317$92
31 years$1,272$901$625$426$286$79
32 years$1,219$852$583$391$259$68
33 years$1,169$807$544$360$234$58
34 years$1,123$765$508$331$212$50
35 years$1,079$726$475$305$192$43
36 years$1,037$689$445$281$174$37
37 years$998$654$416$259$158$32
38 years$961$622$390$238$143$27
39 years$926$591$365$220$130$24
40 years$893$562$342$203$118$20
41 years$861$535$321$187$107$17
42 years$831$510$301$173$97$15
43 years$803$486$283$159$88$13
44 years$776$463$265$147$80$11
45 years$750$442$249$136$72$10
46 years$725$421$234$126$66$8
47 years$702$402$220$116$60$7
48 years$680$384$206$107$54$6
49 years$658$366$194$99$49$5
50 years$638$350$182$92$45$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $653,000, adding $6,605 every year, while hoping to spend $20,420 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: 58/22/20 Blend
51$653,000$653,000$653,000$653,000
52$726,419$691,810$681,689$764,337
53$778,787$703,982$682,798$803,034
54$835,812$716,066$683,261$842,419
55$897,948$728,036$683,033$884,903
56$965,693$739,865$682,070$930,790
57$1,039,598$751,522$680,323$980,413
58$1,120,266$762,975$677,742$1,034,142
59$1,208,362$774,191$674,276$1,092,383
60$1,304,621$785,131$669,870$1,155,585
61$1,409,847$795,758$664,465$1,224,242
62$1,524,929$806,027$658,003$1,298,899
63$1,650,845$815,896$650,419$1,380,159
64$1,788,671$825,315$641,648$1,468,684
65$1,939,593$834,232$631,620$1,565,206
66$2,104,915$842,594$620,264$1,670,532
67$2,286,077$850,341$607,502$1,785,552
68$2,484,660$857,411$593,257$1,911,246
69$2,702,409$863,738$577,445$2,048,698
70$2,941,244$869,251$559,979$2,199,100
71$3,203,281$873,874$540,768$2,363,769
72$3,490,850$877,528$519,718$2,544,155
73$3,806,517$880,127$496,729$2,741,859
74$4,153,109$881,581$471,697$2,958,646
75$4,533,741$881,793$444,514$3,196,461
76$4,951,843$880,662$415,066$3,457,452
77$5,411,196$878,079$383,235$3,743,983
78$5,915,961$873,928$348,897$4,058,663
79$6,470,727$868,088$311,922$4,404,371
80$7,080,546$860,429$272,176$4,784,277
81$7,750,985$850,813$229,518$5,201,880
82$8,488,178$839,096$183,799$5,661,035
83$9,298,882$825,122$134,866$6,165,994
84$10,190,543$808,728$82,559$6,721,446
85$11,171,363$789,740$26,710$7,332,558
86$12,250,381$767,976$0$8,005,029
87$13,437,553$743,241$0$8,752,160
88$14,743,853$715,329$0$9,580,398
89$16,181,369$684,023$0$10,491,713
90$17,763,422$649,093$0$11,494,564
91$19,504,688$610,295$0$12,598,277
92$21,421,338$567,372$0$13,813,129
93$23,531,194$520,052$0$15,150,445
94$25,853,888$468,047$0$16,622,709
95$28,411,056$411,053$0$18,243,678
96$31,226,537$348,748$0$20,028,515
97$34,326,600$280,793$0$21,993,931
98$37,740,191$206,830$0$24,158,344
99$41,499,205$126,479$0$26,542,053
100$45,638,789$39,341$0$29,167,428