Can I retire at age 52 with 580,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$47,896$47,469$47,053$46,647$46,250$45,653
2 years$23,711$23,269$22,841$22,426$22,024$21,423
3 years$15,650$15,207$14,780$14,369$13,973$13,387
4 years$11,621$11,179$10,756$10,352$9,966$9,400
5 years$9,204$8,764$8,347$7,951$7,576$7,031
6 years$7,593$7,157$6,746$6,359$5,994$5,472
7 years$6,443$6,010$5,606$5,228$4,875$4,374
8 years$5,580$5,152$4,754$4,385$4,044$3,566
9 years$4,910$4,486$4,095$3,735$3,406$2,949
10 years$4,374$3,954$3,570$3,220$2,902$2,466
11 years$3,936$3,520$3,143$2,802$2,496$2,081
12 years$3,571$3,159$2,789$2,458$2,163$1,769
13 years$3,263$2,855$2,492$2,170$1,886$1,512
14 years$2,998$2,595$2,239$1,926$1,653$1,299
15 years$2,770$2,371$2,022$1,718$1,456$1,120
16 years$2,570$2,175$1,833$1,538$1,287$970
17 years$2,393$2,003$1,668$1,382$1,141$841
18 years$2,237$1,851$1,522$1,246$1,014$732
19 years$2,097$1,715$1,394$1,125$904$638
20 years$1,971$1,594$1,279$1,019$808$557
21 years$1,858$1,485$1,177$925$723$488
22 years$1,754$1,386$1,084$841$648$427
23 years$1,660$1,296$1,001$766$581$375
24 years$1,574$1,215$926$699$523$329
25 years$1,495$1,140$858$638$470$289
26 years$1,422$1,071$795$583$424$254
27 years$1,355$1,008$739$534$382$223
28 years$1,293$950$687$489$345$197
29 years$1,235$896$639$449$311$173
30 years$1,181$846$595$412$281$153
31 years$1,130$800$555$378$254$135
32 years$1,083$757$518$348$230$119
33 years$1,039$717$483$320$208$105
34 years$997$680$452$294$188$92
35 years$958$645$422$271$171$82
36 years$921$612$395$249$155$72
37 years$886$581$370$230$140$64
38 years$854$552$346$212$127$56
39 years$822$525$324$195$115$50
40 years$793$500$304$180$104$44
41 years$765$476$285$166$95$39
42 years$738$453$267$153$86$34
43 years$713$431$251$142$78$30
44 years$689$411$236$131$71$27
45 years$666$392$221$121$64$24
46 years$644$374$208$111$58$21
47 years$624$357$195$103$53$18
48 years$604$341$183$95$48$16
49 years$585$326$172$88$44$14
50 years$566$311$162$81$40$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $580,000, adding $6,950 every year, while hoping to spend $31,024 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: 37/34/29 Blend
51$580,000$580,000$580,000$580,000
52$646,329$615,589$606,599$664,437
53$679,245$612,743$593,911$675,617
54$714,479$608,719$579,758$684,372
55$752,234$603,424$564,058$693,242
56$792,734$596,764$546,726$702,256
57$836,224$588,637$527,672$711,452
58$882,973$578,933$506,803$720,873
59$933,275$567,541$484,020$730,570
60$987,456$554,337$459,222$740,601
61$1,045,872$539,195$432,301$751,033
62$1,108,914$521,978$403,146$761,944
63$1,177,011$502,543$371,639$773,423
64$1,250,636$480,738$337,659$785,573
65$1,330,308$456,401$301,078$798,508
66$1,416,599$429,364$261,763$812,363
67$1,510,135$399,446$219,575$827,286
68$1,611,606$366,456$174,368$843,447
69$1,721,772$330,194$125,992$861,040
70$1,841,467$290,448$74,286$880,281
71$1,971,609$246,992$19,087$901,415
72$2,113,208$199,590$0$924,718
73$2,267,376$147,991$0$962,821
74$2,435,336$91,930$0$1,010,855
75$2,618,433$31,128$0$1,063,356
76$2,818,149$0$0$1,120,821
77$3,036,115$0$0$1,196,792
78$3,274,123$0$0$1,292,541
79$3,534,151$0$0$1,397,227
80$3,818,373$0$0$1,511,737
81$4,129,183$0$0$1,637,044
82$4,469,218$0$0$1,774,222
83$4,841,381$0$0$1,924,454
84$5,248,868$0$0$2,089,041
85$5,695,199$0$0$2,269,417
86$6,184,250$0$0$2,467,162
87$6,720,291$0$0$2,684,014
88$7,308,024$0$0$2,921,888
89$7,952,626$0$0$3,182,895
90$8,659,803$0$0$3,469,358
91$9,435,836$0$0$3,783,837
92$10,287,645$0$0$4,129,153
93$11,222,853$0$0$4,508,411
94$12,249,857$0$0$4,925,032
95$13,377,908$0$0$5,382,787
96$14,617,194$0$0$5,885,828
97$15,978,942$0$0$6,438,730
98$17,475,518$0$0$7,046,534
99$19,120,547$0$0$7,714,791
100$20,929,038$0$0$8,449,621