Can I retire at age 52 with 582,000?

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 $582,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$48,061$47,633$47,215$46,808$46,409$44,870
2 years$23,793$23,349$22,920$22,504$22,100$20,564
3 years$15,704$15,259$14,831$14,418$14,021$12,537
4 years$11,661$11,217$10,793$10,388$10,000$8,578
5 years$9,235$8,794$8,376$7,979$7,602$6,247
6 years$7,619$7,181$6,769$6,381$6,015$4,728
7 years$6,465$6,031$5,625$5,246$4,892$3,673
8 years$5,600$5,169$4,770$4,401$4,058$2,906
9 years$4,927$4,501$4,109$3,748$3,418$2,331
10 years$4,389$3,967$3,582$3,231$2,912$1,889
11 years$3,950$3,532$3,154$2,812$2,504$1,543
12 years$3,583$3,170$2,799$2,467$2,170$1,269
13 years$3,274$2,865$2,501$2,178$1,893$1,048
14 years$3,009$2,604$2,247$1,933$1,659$870
15 years$2,779$2,379$2,028$1,724$1,461$724
16 years$2,578$2,183$1,839$1,544$1,291$604
17 years$2,402$2,010$1,674$1,387$1,145$505
18 years$2,245$1,857$1,528$1,250$1,018$424
19 years$2,104$1,721$1,399$1,129$907$355
20 years$1,978$1,600$1,284$1,023$810$299
21 years$1,864$1,490$1,181$928$725$251
22 years$1,761$1,391$1,088$844$650$212
23 years$1,666$1,301$1,005$769$583$178
24 years$1,580$1,219$929$701$524$150
25 years$1,500$1,144$861$640$472$127
26 years$1,427$1,075$798$585$425$107
27 years$1,360$1,012$741$536$383$90
28 years$1,297$953$689$491$346$76
29 years$1,239$899$641$450$312$64
30 years$1,185$849$597$413$282$54
31 years$1,134$803$557$379$255$46
32 years$1,087$760$519$349$231$39
33 years$1,042$719$485$321$209$33
34 years$1,001$682$453$295$189$28
35 years$961$647$424$272$171$24
36 years$924$614$396$250$155$20
37 years$889$583$371$230$141$17
38 years$856$554$347$212$127$14
39 years$825$527$325$196$116$12
40 years$796$501$305$181$105$10
41 years$768$477$286$167$95$9
42 years$741$454$268$154$86$7
43 years$716$433$252$142$78$6
44 years$691$413$236$131$71$5
45 years$669$394$222$121$65$4
46 years$647$375$208$112$59$4
47 years$626$358$196$103$53$3
48 years$606$342$184$95$48$3
49 years$587$327$173$88$44$2
50 years$568$312$163$82$40$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $582,000, adding $5,616 every year, while hoping to spend $29,924 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: 30/49/21 Blend
51$582,000$582,000$582,000$582,000
52$647,157$616,311$607,290$662,186
53$681,328$614,671$595,795$672,465
54$717,982$611,948$582,913$680,449
55$757,339$608,057$568,564$688,411
56$799,645$602,909$552,667$696,366
57$845,164$596,407$535,137$704,336
58$894,191$588,452$515,885$712,347
59$947,048$578,935$494,816$720,429
60$1,004,088$567,744$471,834$728,621
61$1,065,700$554,759$446,835$736,966
62$1,132,312$539,852$419,714$745,519
63$1,204,391$522,888$390,359$754,339
64$1,282,456$503,726$358,652$763,501
65$1,367,072$482,214$324,472$773,086
66$1,458,864$458,193$287,693$783,193
67$1,558,517$431,494$248,180$793,932
68$1,666,787$401,939$205,795$805,431
69$1,784,504$369,338$160,394$817,835
70$1,912,580$333,493$111,824$831,313
71$2,052,021$294,192$59,928$846,052
72$2,203,933$251,212$4,541$862,269
73$2,369,531$204,319$0$880,208
74$2,550,155$153,263$0$912,370
75$2,747,280$97,781$0$948,723
76$2,962,527$37,597$0$988,640
77$3,197,682$0$0$1,032,561
78$3,454,712$0$0$1,095,850
79$3,735,781$0$0$1,187,314
80$4,043,273$0$0$1,287,467
81$4,379,813$0$0$1,397,176
82$4,748,289$0$0$1,517,394
83$5,151,884$0$0$1,649,172
84$5,594,103$0$0$1,793,668
85$6,078,806$0$0$1,952,154
86$6,610,242$0$0$2,126,036
87$7,193,094$0$0$2,316,859
88$7,832,518$0$0$2,526,325
89$8,534,194$0$0$2,756,311
90$9,304,377$0$0$3,008,883
91$10,149,960$0$0$3,286,318
92$11,078,532$0$0$3,591,122
93$12,098,458$0$0$3,926,059
94$13,218,948$0$0$4,294,172
95$14,450,151$0$0$4,698,814
96$15,803,248$0$0$5,143,678
97$17,290,554$0$0$5,632,833
98$18,925,640$0$0$6,170,765
99$20,723,456$0$0$6,762,412
100$22,700,472$0$0$7,413,218