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%12.5%
1 years$47,978$47,551$47,134$46,727$46,330$45,846
2 years$23,752$23,309$22,881$22,465$22,062$21,575
3 years$15,677$15,233$14,805$14,394$13,997$13,521
4 years$11,641$11,198$10,774$10,370$9,983$9,523
5 years$9,219$8,779$8,361$7,965$7,589$7,145
6 years$7,606$7,169$6,757$6,370$6,005$5,579
7 years$6,454$6,020$5,615$5,237$4,883$4,475
8 years$5,590$5,161$4,762$4,393$4,051$3,660
9 years$4,919$4,493$4,102$3,742$3,412$3,038
10 years$4,382$3,961$3,576$3,226$2,907$2,550
11 years$3,943$3,526$3,148$2,807$2,500$2,160
12 years$3,577$3,165$2,794$2,462$2,167$1,843
13 years$3,268$2,860$2,496$2,174$1,889$1,581
14 years$3,004$2,600$2,243$1,930$1,656$1,364
15 years$2,774$2,375$2,025$1,721$1,458$1,181
16 years$2,574$2,179$1,836$1,541$1,289$1,026
17 years$2,397$2,007$1,671$1,384$1,143$895
18 years$2,241$1,854$1,525$1,248$1,016$782
19 years$2,101$1,718$1,396$1,127$906$684
20 years$1,975$1,597$1,281$1,021$809$600
21 years$1,861$1,487$1,179$927$724$528
22 years$1,758$1,388$1,086$843$649$464
23 years$1,663$1,299$1,003$767$582$409
24 years$1,577$1,217$928$700$524$361
25 years$1,498$1,142$859$639$471$318
26 years$1,425$1,073$797$584$424$281
27 years$1,357$1,010$740$535$383$249
28 years$1,295$952$688$490$345$220
29 years$1,237$898$640$449$312$195
30 years$1,183$848$596$412$282$172
31 years$1,132$801$556$379$255$153
32 years$1,085$758$519$348$230$135
33 years$1,040$718$484$320$208$120
34 years$999$681$452$295$189$106
35 years$960$646$423$271$171$94
36 years$923$613$396$250$155$84
37 years$888$582$370$230$140$74
38 years$855$553$347$212$127$66
39 years$824$526$325$196$115$59
40 years$794$500$305$180$105$52
41 years$766$476$286$166$95$46
42 years$740$454$268$154$86$41
43 years$714$432$251$142$78$36
44 years$690$412$236$131$71$32
45 years$667$393$222$121$64$29
46 years$645$375$208$112$59$26
47 years$625$358$195$103$53$23
48 years$605$341$184$95$48$20
49 years$586$326$173$88$44$18
50 years$567$311$162$81$40$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $581,000, adding $3,066 every year, while hoping to spend $25,187 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: 50/39/11 Blend
51$581,000$581,000$581,000$581,000
52$643,425$612,632$603,626$673,550
53$682,255$615,852$597,049$697,727
54$724,202$618,386$589,407$721,070
55$769,557$620,173$580,638$745,859
56$818,640$621,149$570,678$772,237
57$871,803$621,247$559,457$800,363
58$929,433$620,394$546,905$830,411
59$991,955$618,514$532,947$862,578
60$1,059,838$615,525$517,504$897,078
61$1,133,596$611,340$500,495$934,150
62$1,213,796$605,868$481,834$974,060
63$1,301,060$599,013$461,432$1,017,101
64$1,396,073$590,670$439,196$1,063,597
65$1,499,591$580,731$415,027$1,113,909
66$1,612,443$569,080$388,824$1,168,436
67$1,735,542$555,595$360,480$1,227,617
68$1,869,895$540,146$329,883$1,291,943
69$2,016,607$522,596$296,917$1,361,953
70$2,176,897$502,800$261,460$1,438,245
71$2,352,106$480,603$223,385$1,521,482
72$2,543,712$455,843$182,559$1,612,395
73$2,753,340$428,349$138,843$1,711,794
74$2,982,779$397,937$92,094$1,820,574
75$3,234,003$364,416$42,159$1,939,728
76$3,509,182$327,583$0$2,070,348
77$3,810,706$287,222$0$2,214,954
78$4,141,208$243,106$0$2,378,941
79$4,503,588$194,995$0$2,558,857
80$4,901,041$142,637$0$2,756,358
81$5,337,084$85,762$0$2,973,272
82$5,815,591$24,089$0$3,211,618
83$6,340,831$0$0$3,473,626
84$6,917,505$0$0$3,780,074
85$7,550,792$0$0$4,128,024
86$8,246,396$0$0$4,510,280
87$9,010,603$0$0$4,930,303
88$9,850,337$0$0$5,391,908
89$10,773,223$0$0$5,899,296
90$11,787,666$0$0$6,457,096
91$12,902,922$0$0$7,070,409
92$14,129,191$0$0$7,744,851
93$15,477,711$0$0$8,486,615
94$16,960,860$0$0$9,302,520
95$18,592,280$0$0$10,200,081
96$20,387,000$0$0$11,187,577
97$22,361,577$0$0$12,274,130
98$24,534,257$0$0$13,469,794
99$26,925,142$0$0$14,785,641
100$29,556,382$0$0$16,233,876