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%11.4%
1 years$47,896$47,469$47,053$46,647$46,250$45,978
2 years$23,711$23,269$22,841$22,426$22,024$21,749
3 years$15,650$15,207$14,780$14,369$13,973$13,704
4 years$11,621$11,179$10,756$10,352$9,966$9,705
5 years$9,204$8,764$8,347$7,951$7,576$7,324
6 years$7,593$7,157$6,746$6,359$5,994$5,752
7 years$6,443$6,010$5,606$5,228$4,875$4,642
8 years$5,580$5,152$4,754$4,385$4,044$3,821
9 years$4,910$4,486$4,095$3,735$3,406$3,192
10 years$4,374$3,954$3,570$3,220$2,902$2,697
11 years$3,936$3,520$3,143$2,802$2,496$2,300
12 years$3,571$3,159$2,789$2,458$2,163$1,976
13 years$3,263$2,855$2,492$2,170$1,886$1,708
14 years$2,998$2,595$2,239$1,926$1,653$1,484
15 years$2,770$2,371$2,022$1,718$1,456$1,294
16 years$2,570$2,175$1,833$1,538$1,287$1,133
17 years$2,393$2,003$1,668$1,382$1,141$995
18 years$2,237$1,851$1,522$1,246$1,014$876
19 years$2,097$1,715$1,394$1,125$904$773
20 years$1,971$1,594$1,279$1,019$808$684
21 years$1,858$1,485$1,177$925$723$606
22 years$1,754$1,386$1,084$841$648$537
23 years$1,660$1,296$1,001$766$581$477
24 years$1,574$1,215$926$699$523$425
25 years$1,495$1,140$858$638$470$378
26 years$1,422$1,071$795$583$424$337
27 years$1,355$1,008$739$534$382$300
28 years$1,293$950$687$489$345$268
29 years$1,235$896$639$449$311$239
30 years$1,181$846$595$412$281$214
31 years$1,130$800$555$378$254$191
32 years$1,083$757$518$348$230$171
33 years$1,039$717$483$320$208$153
34 years$997$680$452$294$188$137
35 years$958$645$422$271$171$123
36 years$921$612$395$249$155$110
37 years$886$581$370$230$140$98
38 years$854$552$346$212$127$88
39 years$822$525$324$195$115$79
40 years$793$500$304$180$104$71
41 years$765$476$285$166$95$63
42 years$738$453$267$153$86$57
43 years$713$431$251$142$78$51
44 years$689$411$236$131$71$46
45 years$666$392$221$121$64$41
46 years$644$374$208$111$58$37
47 years$624$357$195$103$53$33
48 years$604$341$183$95$48$30
49 years$585$326$172$88$44$27
50 years$566$311$162$81$40$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $580,000, adding $2,349 every year, while hoping to spend $32,769 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: 38/47/15 Blend
51$580,000$580,000$580,000$580,000
52$641,583$610,843$601,853$662,974
53$672,158$605,908$587,149$673,556
54$704,754$599,634$570,854$681,660
55$739,542$591,919$552,881$689,713
56$776,710$582,657$533,137$697,729
57$816,463$571,736$511,526$705,722
58$859,028$559,037$487,947$713,713
59$904,652$544,433$462,297$721,727
60$953,607$527,790$434,464$729,796
61$1,006,190$508,967$404,334$737,956
62$1,062,730$487,815$371,787$746,252
63$1,123,585$464,174$336,699$754,737
64$1,189,149$437,877$298,936$763,474
65$1,259,856$408,747$258,365$772,535
66$1,336,181$376,596$214,840$782,004
67$1,418,648$341,226$168,214$791,981
68$1,507,832$302,427$118,330$802,579
69$1,604,363$259,978$65,027$813,927
70$1,708,936$213,645$8,133$826,175
71$1,822,315$163,182$0$839,495
72$1,945,340$108,326$0$862,494
73$2,078,933$48,802$0$888,916
74$2,224,110$0$0$917,739
75$2,381,990$0$0$957,388
76$2,553,799$0$0$1,028,072
77$2,740,892$0$0$1,105,116
78$2,944,757$0$0$1,189,143
79$3,167,031$0$0$1,280,836
80$3,409,517$0$0$1,380,950
81$3,674,200$0$0$1,490,314
82$3,963,262$0$0$1,609,840
83$4,279,110$0$0$1,740,535
84$4,624,389$0$0$1,883,506
85$5,002,014$0$0$2,039,970
86$5,415,194$0$0$2,211,271
87$5,867,462$0$0$2,398,887
88$6,362,708$0$0$2,604,444
89$6,905,218$0$0$2,829,735
90$7,499,710$0$0$3,076,735
91$8,151,379$0$0$3,347,617
92$8,865,951$0$0$3,644,776
93$9,649,726$0$0$3,970,850
94$10,509,650$0$0$4,328,745
95$11,453,369$0$0$4,721,660
96$12,489,307$0$0$5,153,121
97$13,626,743$0$0$5,627,011
98$14,875,899$0$0$6,147,609
99$16,248,034$0$0$6,719,627
100$17,755,552$0$0$7,348,257