Can I retire at age 52 with 584,000?

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 $584,000?

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%
1 years$48,226$47,797$47,377$46,968$46,569$45,591
2 years$23,874$23,430$22,999$22,581$22,176$21,195
3 years$15,758$15,312$14,882$14,468$14,069$13,117
4 years$11,701$11,256$10,830$10,423$10,034$9,117
5 years$9,267$8,825$8,405$8,006$7,628$6,749
6 years$7,645$7,206$6,792$6,403$6,036$5,195
7 years$6,487$6,052$5,644$5,264$4,909$4,107
8 years$5,619$5,187$4,787$4,416$4,072$3,309
9 years$4,944$4,516$4,123$3,761$3,429$2,704
10 years$4,404$3,981$3,594$3,242$2,922$2,235
11 years$3,963$3,544$3,164$2,822$2,513$1,862
12 years$3,596$3,181$2,808$2,475$2,178$1,562
13 years$3,285$2,875$2,509$2,185$1,899$1,318
14 years$3,019$2,613$2,254$1,940$1,665$1,117
15 years$2,789$2,387$2,035$1,730$1,466$950
16 years$2,587$2,190$1,845$1,549$1,295$811
17 years$2,410$2,017$1,679$1,392$1,149$694
18 years$2,252$1,864$1,533$1,254$1,021$595
19 years$2,111$1,727$1,403$1,133$910$511
20 years$1,985$1,605$1,288$1,026$813$440
21 years$1,870$1,495$1,185$931$728$379
22 years$1,767$1,396$1,092$847$652$327
23 years$1,672$1,305$1,008$771$585$282
24 years$1,585$1,223$932$703$526$244
25 years$1,506$1,148$864$642$474$211
26 years$1,432$1,079$801$587$427$183
27 years$1,364$1,015$744$538$385$158
28 years$1,302$957$691$493$347$137
29 years$1,243$902$643$452$313$119
30 years$1,189$852$599$415$283$103
31 years$1,138$806$559$381$256$89
32 years$1,090$762$521$350$232$77
33 years$1,046$722$487$322$210$67
34 years$1,004$684$455$296$190$58
35 years$965$649$425$273$172$51
36 years$928$616$398$251$156$44
37 years$893$585$372$231$141$38
38 years$859$556$349$213$128$33
39 years$828$529$327$197$116$29
40 years$798$503$306$181$105$25
41 years$770$479$287$167$95$22
42 years$744$456$269$154$87$19
43 years$718$434$253$143$79$16
44 years$694$414$237$132$71$14
45 years$671$395$223$122$65$12
46 years$649$377$209$112$59$11
47 years$628$360$197$104$53$9
48 years$608$343$185$96$49$8
49 years$589$328$174$89$44$7
50 years$570$313$163$82$40$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $584,000, adding $5,987 every year, while hoping to spend $35,038 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: 62/29/9 Blend
51$584,000$584,000$584,000$584,000
52$649,744$618,792$609,740$688,391
53$678,737$611,832$592,886$708,013
54$709,514$603,358$574,293$724,828
55$742,219$593,256$553,866$742,297
56$777,010$581,411$531,505$760,485
57$814,061$567,696$507,106$779,462
58$853,561$551,979$480,561$799,307
59$895,720$534,121$451,755$820,110
60$940,764$513,974$420,569$841,970
61$988,943$491,380$386,880$864,998
62$1,040,532$466,174$350,557$889,321
63$1,095,830$438,181$311,465$915,076
64$1,155,168$407,215$269,462$942,419
65$1,218,906$373,079$224,400$971,525
66$1,287,442$335,567$176,124$1,002,586
67$1,361,210$294,460$124,474$1,035,820
68$1,440,691$249,525$69,281$1,071,467
69$1,526,408$200,519$10,369$1,109,795
70$1,618,940$147,183$0$1,151,103
71$1,718,921$89,243$0$1,200,766
72$1,827,047$26,413$0$1,255,503
73$1,944,085$0$0$1,314,747
74$2,070,877$0$0$1,392,257
75$2,208,350$0$0$1,485,470
76$2,357,522$0$0$1,586,654
77$2,519,513$0$0$1,696,574
78$2,695,555$0$0$1,816,070
79$2,887,003$0$0$1,946,067
80$3,095,349$0$0$2,087,584
81$3,322,233$0$0$2,241,741
82$3,569,460$0$0$2,409,770
83$3,839,018$0$0$2,593,029
84$4,133,094$0$0$2,793,010
85$4,454,094$0$0$3,011,357
86$4,804,668$0$0$3,249,879
87$5,187,732$0$0$3,510,569
88$5,606,498$0$0$3,795,619
89$6,064,501$0$0$4,107,443
90$6,565,634$0$0$4,448,701
91$7,114,182$0$0$4,822,320
92$7,714,867$0$0$5,231,523
93$8,372,885$0$0$5,679,860
94$9,093,961$0$0$6,171,242
95$9,884,398$0$0$6,709,974
96$10,751,140$0$0$7,300,798
97$11,701,833$0$0$7,948,938
98$12,744,901$0$0$8,660,147
99$13,889,619$0$0$9,440,763
100$15,146,209$0$0$10,297,766