Can I retire at age 52 with 582,000?

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 $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%13.8%
1 years$48,061$47,633$47,215$46,808$46,409$45,678
2 years$23,793$23,349$22,920$22,504$22,100$21,365
3 years$15,704$15,259$14,831$14,418$14,021$13,305
4 years$11,661$11,217$10,793$10,388$10,000$9,309
5 years$9,235$8,794$8,376$7,979$7,602$6,938
6 years$7,619$7,181$6,769$6,381$6,015$5,379
7 years$6,465$6,031$5,625$5,246$4,892$4,283
8 years$5,600$5,169$4,770$4,401$4,058$3,477
9 years$4,927$4,501$4,109$3,748$3,418$2,864
10 years$4,389$3,967$3,582$3,231$2,912$2,385
11 years$3,950$3,532$3,154$2,812$2,504$2,004
12 years$3,583$3,170$2,799$2,467$2,170$1,696
13 years$3,274$2,865$2,501$2,178$1,893$1,443
14 years$3,009$2,604$2,247$1,933$1,659$1,234
15 years$2,779$2,379$2,028$1,724$1,461$1,059
16 years$2,578$2,183$1,839$1,544$1,291$912
17 years$2,402$2,010$1,674$1,387$1,145$788
18 years$2,245$1,857$1,528$1,250$1,018$682
19 years$2,104$1,721$1,399$1,129$907$591
20 years$1,978$1,600$1,284$1,023$810$514
21 years$1,864$1,490$1,181$928$725$447
22 years$1,761$1,391$1,088$844$650$389
23 years$1,666$1,301$1,005$769$583$340
24 years$1,580$1,219$929$701$524$297
25 years$1,500$1,144$861$640$472$259
26 years$1,427$1,075$798$585$425$227
27 years$1,360$1,012$741$536$383$198
28 years$1,297$953$689$491$346$174
29 years$1,239$899$641$450$312$152
30 years$1,185$849$597$413$282$133
31 years$1,134$803$557$379$255$117
32 years$1,087$760$519$349$231$102
33 years$1,042$719$485$321$209$90
34 years$1,001$682$453$295$189$79
35 years$961$647$424$272$171$69
36 years$924$614$396$250$155$61
37 years$889$583$371$230$141$53
38 years$856$554$347$212$127$47
39 years$825$527$325$196$116$41
40 years$796$501$305$181$105$36
41 years$768$477$286$167$95$32
42 years$741$454$268$154$86$28
43 years$716$433$252$142$78$24
44 years$691$413$236$131$71$21
45 years$669$394$222$121$65$19
46 years$647$375$208$112$59$17
47 years$626$358$196$103$53$15
48 years$606$342$184$95$48$13
49 years$587$327$173$88$44$11
50 years$568$312$163$82$40$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $582,000, adding $4,353 every year, while hoping to spend $38,793 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: 48/46/6 Blend
51$582,000$582,000$582,000$582,000
52$645,854$615,008$605,987$675,644
53$670,456$603,868$585,012$685,346
54$696,267$590,882$562,035$691,403
55$723,369$575,918$536,946$697,061
56$751,853$558,838$509,633$702,294
57$781,814$539,494$479,979$707,075
58$813,361$517,731$447,859$711,376
59$846,606$493,382$413,145$715,171
60$881,677$466,274$375,702$718,435
61$918,709$436,223$335,390$721,141
62$957,852$403,033$292,060$723,267
63$999,269$366,498$245,560$724,788
64$1,043,138$326,399$195,730$725,684
65$1,089,652$282,507$142,401$725,936
66$1,139,024$234,578$85,399$725,528
67$1,191,487$182,354$24,542$724,448
68$1,247,294$125,565$0$722,687
69$1,306,722$63,922$0$722,829
70$1,370,077$0$0$724,132
71$1,437,691$0$0$726,503
72$1,509,930$0$0$763,645
73$1,587,193$0$0$803,410
74$1,669,920$0$0$846,030
75$1,758,591$0$0$891,758
76$1,853,733$0$0$940,874
77$1,955,928$0$0$993,680
78$2,065,808$0$0$1,050,514
79$2,184,074$0$0$1,111,742
80$2,311,491$0$0$1,177,768
81$2,448,900$0$0$1,249,038
82$2,597,227$0$0$1,326,037
83$2,757,487$0$0$1,409,303
84$2,930,797$0$0$1,499,424
85$3,118,384$0$0$1,597,048
86$3,321,597$0$0$1,702,887
87$3,541,920$0$0$1,817,725
88$3,780,983$0$0$1,942,422
89$4,040,581$0$0$2,077,926
90$4,322,688$0$0$2,225,278
91$4,629,473$0$0$2,385,626
92$4,963,325$0$0$2,560,230
93$5,326,872$0$0$2,750,479
94$5,723,005$0$0$2,957,900
95$6,154,907$0$0$3,184,175
96$6,626,080$0$0$3,431,153
97$7,140,378$0$0$3,700,873
98$7,702,046$0$0$3,995,575
99$8,315,755$0$0$4,317,730
100$8,986,647$0$0$4,670,054