Can I retire at age 52 with 581,000?

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 $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%15%
1 years$47,978$47,551$47,134$46,727$46,330$45,376
2 years$23,752$23,309$22,881$22,465$22,062$21,105
3 years$15,677$15,233$14,805$14,394$13,997$13,067
4 years$11,641$11,198$10,774$10,370$9,983$9,087
5 years$9,219$8,779$8,361$7,965$7,589$6,730
6 years$7,606$7,169$6,757$6,370$6,005$5,184
7 years$6,454$6,020$5,615$5,237$4,883$4,100
8 years$5,590$5,161$4,762$4,393$4,051$3,306
9 years$4,919$4,493$4,102$3,742$3,412$2,703
10 years$4,382$3,961$3,576$3,226$2,907$2,235
11 years$3,943$3,526$3,148$2,807$2,500$1,864
12 years$3,577$3,165$2,794$2,462$2,167$1,565
13 years$3,268$2,860$2,496$2,174$1,889$1,321
14 years$3,004$2,600$2,243$1,930$1,656$1,120
15 years$2,774$2,375$2,025$1,721$1,458$954
16 years$2,574$2,179$1,836$1,541$1,289$814
17 years$2,397$2,007$1,671$1,384$1,143$697
18 years$2,241$1,854$1,525$1,248$1,016$598
19 years$2,101$1,718$1,396$1,127$906$514
20 years$1,975$1,597$1,281$1,021$809$443
21 years$1,861$1,487$1,179$927$724$382
22 years$1,758$1,388$1,086$843$649$330
23 years$1,663$1,299$1,003$767$582$285
24 years$1,577$1,217$928$700$524$246
25 years$1,498$1,142$859$639$471$213
26 years$1,425$1,073$797$584$424$185
27 years$1,357$1,010$740$535$383$160
28 years$1,295$952$688$490$345$139
29 years$1,237$898$640$449$312$120
30 years$1,183$848$596$412$282$104
31 years$1,132$801$556$379$255$91
32 years$1,085$758$519$348$230$79
33 years$1,040$718$484$320$208$68
34 years$999$681$452$295$189$59
35 years$960$646$423$271$171$51
36 years$923$613$396$250$155$45
37 years$888$582$370$230$140$39
38 years$855$553$347$212$127$34
39 years$824$526$325$196$115$29
40 years$794$500$305$180$105$26
41 years$766$476$286$166$95$22
42 years$740$454$268$154$86$19
43 years$714$432$251$142$78$17
44 years$690$412$236$131$71$15
45 years$667$393$222$121$64$13
46 years$645$375$208$112$59$11
47 years$625$358$195$103$53$10
48 years$605$341$184$95$48$8
49 years$586$326$173$88$44$7
50 years$567$311$162$81$40$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $581,000, adding $5,037 every year, while hoping to spend $47,823 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: 87/8/5 Blend
51$581,000$581,000$581,000$581,000
52$645,458$614,665$605,659$701,216
53$660,411$593,900$575,065$717,519
54$675,287$570,515$541,844$728,253
55$690,027$544,331$505,856$738,484
56$704,565$515,158$466,958$748,124
57$718,826$482,797$424,997$757,080
58$732,728$447,035$379,816$765,243
59$746,176$407,650$331,249$772,498
60$759,065$364,404$279,126$778,715
61$771,278$317,048$223,264$783,750
62$782,682$265,317$163,477$787,447
63$793,130$208,932$99,568$789,629
64$802,458$147,598$31,333$790,106
65$810,483$81,005$0$788,664
66$817,002$8,824$0$787,281
67$821,786$0$0$785,415
68$824,584$0$0$787,219
69$825,116$0$0$787,623
70$823,069$0$0$785,552
71$818,097$0$0$780,673
72$809,817$0$0$772,620
73$797,804$0$0$760,983
74$781,584$0$0$745,309
75$760,636$0$0$725,099
76$734,381$0$0$699,796
77$702,176$0$0$668,784
78$663,312$0$0$631,385
79$617,004$0$0$586,844
80$562,382$0$0$534,328
81$498,486$0$0$472,915
82$424,253$0$0$401,588
83$338,508$0$0$319,218
84$239,954$0$0$224,562
85$127,154$0$0$116,244
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0