Can I retire at age 52 with 580,000?

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 $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%16.2%
1 years$47,896$47,469$47,053$46,647$46,250$45,077
2 years$23,711$23,269$22,841$22,426$22,024$20,850
3 years$15,650$15,207$14,780$14,369$13,973$12,834
4 years$11,621$11,179$10,756$10,352$9,966$8,871
5 years$9,204$8,764$8,347$7,951$7,576$6,529
6 years$7,593$7,157$6,746$6,359$5,994$4,996
7 years$6,443$6,010$5,606$5,228$4,875$3,925
8 years$5,580$5,152$4,754$4,385$4,044$3,142
9 years$4,910$4,486$4,095$3,735$3,406$2,551
10 years$4,374$3,954$3,570$3,220$2,902$2,094
11 years$3,936$3,520$3,143$2,802$2,496$1,732
12 years$3,571$3,159$2,789$2,458$2,163$1,443
13 years$3,263$2,855$2,492$2,170$1,886$1,209
14 years$2,998$2,595$2,239$1,926$1,653$1,017
15 years$2,770$2,371$2,022$1,718$1,456$858
16 years$2,570$2,175$1,833$1,538$1,287$727
17 years$2,393$2,003$1,668$1,382$1,141$617
18 years$2,237$1,851$1,522$1,246$1,014$525
19 years$2,097$1,715$1,394$1,125$904$447
20 years$1,971$1,594$1,279$1,019$808$381
21 years$1,858$1,485$1,177$925$723$326
22 years$1,754$1,386$1,084$841$648$279
23 years$1,660$1,296$1,001$766$581$239
24 years$1,574$1,215$926$699$523$204
25 years$1,495$1,140$858$638$470$175
26 years$1,422$1,071$795$583$424$150
27 years$1,355$1,008$739$534$382$129
28 years$1,293$950$687$489$345$111
29 years$1,235$896$639$449$311$95
30 years$1,181$846$595$412$281$82
31 years$1,130$800$555$378$254$70
32 years$1,083$757$518$348$230$60
33 years$1,039$717$483$320$208$52
34 years$997$680$452$294$188$45
35 years$958$645$422$271$171$38
36 years$921$612$395$249$155$33
37 years$886$581$370$230$140$28
38 years$854$552$346$212$127$24
39 years$822$525$324$195$115$21
40 years$793$500$304$180$104$18
41 years$765$476$285$166$95$16
42 years$738$453$267$153$86$13
43 years$713$431$251$142$78$11
44 years$689$411$236$131$71$10
45 years$666$392$221$121$64$9
46 years$644$374$208$111$58$7
47 years$624$357$195$103$53$6
48 years$604$341$183$95$48$5
49 years$585$326$172$88$44$5
50 years$566$311$162$81$40$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $580,000, adding $6,776 every year, while hoping to spend $29,139 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: 77/15/8 Blend
51$580,000$580,000$580,000$580,000
52$646,149$615,409$606,419$694,638
53$681,053$614,561$595,731$726,603
54$718,540$612,694$583,708$757,211
55$758,844$609,728$570,274$789,922
56$802,219$605,578$555,351$824,933
57$848,947$600,153$538,857$862,461
58$899,335$593,356$520,705$902,745
59$953,722$585,086$500,804$946,049
60$1,012,481$575,234$479,059$992,664
61$1,076,020$563,686$455,374$1,042,911
62$1,144,788$550,321$429,642$1,097,144
63$1,219,279$535,009$401,758$1,155,752
64$1,300,036$517,616$371,608$1,219,167
65$1,387,658$497,997$339,075$1,287,862
66$1,482,799$475,999$304,034$1,362,360
67$1,586,184$451,462$266,358$1,443,239
68$1,698,606$424,215$225,913$1,531,136
69$1,820,940$394,078$182,557$1,626,752
70$1,954,148$360,860$136,145$1,730,862
71$2,099,288$324,359$86,523$1,844,321
72$2,257,526$284,364$33,532$1,968,068
73$2,430,144$240,648$0$2,103,145
74$2,618,553$192,973$0$2,252,662
75$2,824,306$141,090$0$2,419,099
76$3,049,115$84,733$0$2,601,001
77$3,294,860$23,620$0$2,799,922
78$3,563,616$0$0$3,017,573
79$3,857,664$0$0$3,262,865
80$4,179,518$0$0$3,535,639
81$4,531,945$0$0$3,834,346
82$4,917,991$0$0$4,161,569
83$5,341,014$0$0$4,520,158
84$5,804,709$0$0$4,913,246
85$6,313,147$0$0$5,344,289
86$6,870,810$0$0$5,817,090
87$7,482,638$0$0$6,335,838
88$8,154,068$0$0$6,905,149
89$8,891,093$0$0$7,530,106
90$9,700,311$0$0$8,216,308
91$10,588,993$0$0$8,969,925
92$11,565,147$0$0$9,797,750
93$12,637,595$0$0$10,707,269
94$13,816,056$0$0$11,706,729
95$15,111,237$0$0$12,805,214
96$16,534,934$0$0$14,012,734
97$18,100,142$0$0$15,340,314
98$19,821,178$0$0$16,800,103
99$21,713,817$0$0$18,405,486
100$23,795,438$0$0$20,171,208