Can I retire at age 52 with 566,000?

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 $566,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$46,740$46,323$45,917$45,521$45,134$44,925
2 years$23,138$22,708$22,290$21,885$21,492$21,281
3 years$15,272$14,840$14,423$14,022$13,636$13,429
4 years$11,340$10,909$10,496$10,102$9,725$9,525
5 years$8,981$8,553$8,146$7,759$7,393$7,199
6 years$7,409$6,984$6,583$6,205$5,850$5,663
7 years$6,287$5,865$5,470$5,102$4,757$4,578
8 years$5,446$5,027$4,639$4,280$3,947$3,774
9 years$4,792$4,377$3,996$3,645$3,324$3,158
10 years$4,269$3,858$3,484$3,142$2,832$2,674
11 years$3,841$3,435$3,067$2,735$2,436$2,284
12 years$3,485$3,083$2,722$2,399$2,111$1,966
13 years$3,184$2,786$2,432$2,118$1,840$1,702
14 years$2,926$2,532$2,185$1,880$1,613$1,482
15 years$2,703$2,313$1,973$1,677$1,421$1,295
16 years$2,508$2,123$1,789$1,501$1,255$1,136
17 years$2,336$1,955$1,628$1,349$1,113$1,000
18 years$2,183$1,806$1,486$1,215$990$883
19 years$2,046$1,674$1,360$1,098$882$781
20 years$1,924$1,556$1,248$995$788$692
21 years$1,813$1,449$1,148$903$705$614
22 years$1,712$1,353$1,058$821$632$546
23 years$1,620$1,265$977$748$567$486
24 years$1,536$1,185$904$682$510$433
25 years$1,459$1,112$837$623$459$387
26 years$1,388$1,045$776$569$413$345
27 years$1,322$984$721$521$373$309
28 years$1,261$927$670$477$336$276
29 years$1,205$875$624$438$304$247
30 years$1,152$826$581$402$274$221
31 years$1,103$781$541$369$248$198
32 years$1,057$739$505$339$224$178
33 years$1,014$700$472$312$203$160
34 years$973$663$441$287$184$143
35 years$935$629$412$264$167$128
36 years$899$597$385$243$151$115
37 years$865$567$361$224$137$104
38 years$833$539$338$207$124$93
39 years$803$512$317$191$112$84
40 years$774$487$297$176$102$75
41 years$747$464$278$162$93$68
42 years$721$442$261$150$84$61
43 years$696$421$245$138$76$55
44 years$672$401$230$128$69$49
45 years$650$383$216$118$63$44
46 years$629$365$203$109$57$40
47 years$608$348$190$101$52$36
48 years$589$333$179$93$47$32
49 years$570$318$168$86$43$29
50 years$553$303$158$79$39$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $566,000, adding $2,677 every year, while hoping to spend $48,353 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: 65/14/21 Blend
51$566,000$566,000$566,000$566,000
52$626,493$596,495$587,722$663,693
53$638,948$574,276$555,964$666,806
54$651,053$549,348$521,521$664,471
55$662,721$521,527$484,252$660,788
56$673,855$490,618$444,011$655,629
57$684,346$456,416$400,643$648,851
58$694,072$418,703$353,988$640,300
59$702,898$377,250$303,877$629,811
60$710,673$331,814$250,135$617,199
61$717,226$282,138$192,580$602,268
62$722,371$227,951$131,019$584,802
63$725,899$168,966$65,254$564,564
64$727,577$104,881$0$541,301
65$727,146$35,377$0$515,836
66$724,320$0$0$502,437
67$718,780$0$0$492,331
68$710,174$0$0$485,456
69$698,109$0$0$476,082
70$682,152$0$0$463,897
71$661,821$0$0$448,555
72$636,585$0$0$429,675
73$605,853$0$0$406,833
74$568,973$0$0$379,561
75$525,223$0$0$347,341
76$473,804$0$0$309,600
77$413,833$0$0$265,704
78$344,334$0$0$214,954
79$264,227$0$0$156,576
80$172,320$0$0$89,712
81$67,293$0$0$13,420
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0