Can I retire at age 52 with 581,000?

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 $581,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$47,978$47,551$47,134$46,727$46,330$45,884
2 years$23,752$23,309$22,881$22,465$22,062$21,613
3 years$15,677$15,233$14,805$14,394$13,997$13,559
4 years$11,641$11,198$10,774$10,370$9,983$9,558
5 years$9,219$8,779$8,361$7,965$7,589$7,180
6 years$7,606$7,169$6,757$6,370$6,005$5,611
7 years$6,454$6,020$5,615$5,237$4,883$4,506
8 years$5,590$5,161$4,762$4,393$4,051$3,690
9 years$4,919$4,493$4,102$3,742$3,412$3,066
10 years$4,382$3,961$3,576$3,226$2,907$2,577
11 years$3,943$3,526$3,148$2,807$2,500$2,185
12 years$3,577$3,165$2,794$2,462$2,167$1,867
13 years$3,268$2,860$2,496$2,174$1,889$1,604
14 years$3,004$2,600$2,243$1,930$1,656$1,385
15 years$2,774$2,375$2,025$1,721$1,458$1,201
16 years$2,574$2,179$1,836$1,541$1,289$1,045
17 years$2,397$2,007$1,671$1,384$1,143$912
18 years$2,241$1,854$1,525$1,248$1,016$798
19 years$2,101$1,718$1,396$1,127$906$700
20 years$1,975$1,597$1,281$1,021$809$615
21 years$1,861$1,487$1,179$927$724$541
22 years$1,758$1,388$1,086$843$649$477
23 years$1,663$1,299$1,003$767$582$421
24 years$1,577$1,217$928$700$524$372
25 years$1,498$1,142$859$639$471$329
26 years$1,425$1,073$797$584$424$291
27 years$1,357$1,010$740$535$383$257
28 years$1,295$952$688$490$345$228
29 years$1,237$898$640$449$312$202
30 years$1,183$848$596$412$282$179
31 years$1,132$801$556$379$255$159
32 years$1,085$758$519$348$230$141
33 years$1,040$718$484$320$208$125
34 years$999$681$452$295$189$111
35 years$960$646$423$271$171$99
36 years$923$613$396$250$155$88
37 years$888$582$370$230$140$78
38 years$855$553$347$212$127$70
39 years$824$526$325$196$115$62
40 years$794$500$305$180$105$55
41 years$766$476$286$166$95$49
42 years$740$454$268$154$86$44
43 years$714$432$251$142$78$39
44 years$690$412$236$131$71$34
45 years$667$393$222$121$64$31
46 years$645$375$208$112$59$27
47 years$625$358$195$103$53$24
48 years$605$341$184$95$48$22
49 years$586$326$173$88$44$19
50 years$567$311$162$81$40$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $581,000, adding $3,258 every year, while hoping to spend $28,748 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: 59/35/6 Blend
51$581,000$581,000$581,000$581,000
52$643,623$612,830$603,824$680,647
53$678,684$612,271$593,465$705,290
54$716,359$610,721$581,794$728,569
55$756,883$608,101$568,740$753,224
56$800,515$604,328$554,222$779,388
57$847,539$599,312$538,161$807,209
58$898,270$592,960$520,471$836,851
59$953,050$585,172$501,063$868,494
60$1,012,257$575,841$479,845$902,340
61$1,076,306$564,856$456,718$938,611
62$1,145,653$552,098$431,582$977,554
63$1,220,800$537,441$404,330$1,019,443
64$1,302,298$520,751$374,852$1,064,580
65$1,390,753$501,889$343,030$1,113,301
66$1,486,833$480,705$308,745$1,165,977
67$1,591,271$457,041$271,869$1,223,020
68$1,704,875$430,730$232,270$1,284,885
69$1,828,531$401,595$189,811$1,352,076
70$1,963,219$369,450$144,347$1,425,152
71$2,110,011$334,097$95,727$1,504,728
72$2,270,093$295,329$43,794$1,591,490
73$2,444,767$252,924$0$1,686,192
74$2,635,465$206,649$0$1,790,415
75$2,843,767$156,259$0$1,907,379
76$3,071,409$101,494$0$2,035,314
77$3,320,304$42,079$0$2,175,360
78$3,592,558$0$0$2,328,782
79$3,890,490$0$0$2,505,553
80$4,216,654$0$0$2,716,863
81$4,573,859$0$0$2,948,333
82$4,965,204$0$0$3,201,974
83$5,394,098$0$0$3,480,003
84$5,864,295$0$0$3,784,862
85$6,379,933$0$0$4,119,237
86$6,945,566$0$0$4,486,092
87$7,566,213$0$0$4,888,686
88$8,247,400$0$0$5,330,612
89$8,995,215$0$0$5,815,829
90$9,816,364$0$0$6,348,694
91$10,718,236$0$0$6,934,011
92$11,708,967$0$0$7,577,069
93$12,797,523$0$0$8,283,697
94$13,993,780$0$0$9,060,314
95$15,308,620$0$0$9,913,994
96$16,754,028$0$0$10,852,530
97$18,343,212$0$0$11,884,507
98$20,090,721$0$0$13,019,383
99$22,012,586$0$0$14,267,580
100$24,126,468$0$0$15,640,580