Can I retire at age 52 with 585,000?

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 $585,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$48,309$47,878$47,459$47,049$46,649$45,155
2 years$23,915$23,470$23,038$22,620$22,214$20,723
3 years$15,785$15,338$14,907$14,493$14,093$12,652
4 years$11,721$11,275$10,849$10,441$10,051$8,671
5 years$9,283$8,840$8,419$8,020$7,641$6,324
6 years$7,658$7,218$6,804$6,413$6,046$4,794
7 years$6,498$6,062$5,654$5,273$4,917$3,731
8 years$5,628$5,196$4,795$4,423$4,079$2,957
9 years$4,952$4,524$4,130$3,768$3,435$2,376
10 years$4,412$3,988$3,601$3,248$2,927$1,929
11 years$3,970$3,550$3,170$2,827$2,517$1,579
12 years$3,602$3,186$2,813$2,479$2,181$1,301
13 years$3,291$2,880$2,513$2,189$1,902$1,077
14 years$3,024$2,617$2,258$1,943$1,668$895
15 years$2,793$2,391$2,039$1,733$1,468$747
16 years$2,592$2,194$1,849$1,552$1,298$625
17 years$2,414$2,020$1,682$1,394$1,151$524
18 years$2,256$1,867$1,536$1,256$1,023$440
19 years$2,115$1,730$1,406$1,135$912$370
20 years$1,988$1,608$1,290$1,028$814$312
21 years$1,874$1,498$1,187$933$729$263
22 years$1,770$1,398$1,094$848$653$222
23 years$1,675$1,308$1,010$773$586$187
24 years$1,588$1,225$934$705$527$158
25 years$1,508$1,150$865$644$474$134
26 years$1,435$1,080$802$588$427$113
27 years$1,367$1,017$745$539$385$96
28 years$1,304$958$693$493$348$81
29 years$1,245$904$644$453$314$69
30 years$1,191$854$600$415$284$58
31 years$1,140$807$560$381$256$49
32 years$1,092$764$522$351$232$42
33 years$1,048$723$488$322$210$35
34 years$1,006$685$456$297$190$30
35 years$966$650$426$273$172$25
36 years$929$617$398$251$156$22
37 years$894$586$373$232$141$18
38 years$861$557$349$214$128$16
39 years$830$530$327$197$116$13
40 years$800$504$307$182$105$11
41 years$772$480$288$168$96$9
42 years$745$457$270$155$87$8
43 years$719$435$253$143$79$7
44 years$695$415$238$132$71$6
45 years$672$396$223$122$65$5
46 years$650$377$210$112$59$4
47 years$629$360$197$104$53$4
48 years$609$344$185$96$49$3
49 years$590$328$174$89$44$3
50 years$571$314$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 $585,000, adding $2,121 every year, while hoping to spend $20,237 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: 40/34/26 Blend
51$585,000$585,000$585,000$585,000
52$646,858$615,853$606,785$667,690
53$691,305$624,498$605,581$691,611
54$739,608$632,888$603,657$715,423
55$792,138$640,989$600,970$740,792
56$849,305$648,766$597,471$767,873
57$911,558$656,180$593,110$796,835
58$979,393$663,189$587,836$827,870
59$1,053,355$669,749$581,592$861,188
60$1,134,045$675,814$574,323$897,019
61$1,222,122$681,334$565,967$935,623
62$1,318,314$686,254$556,462$977,283
63$1,423,420$690,519$545,742$1,022,313
64$1,538,323$694,068$533,738$1,071,064
65$1,663,991$696,837$520,378$1,123,919
66$1,801,494$698,758$505,587$1,181,306
67$1,952,007$699,758$489,284$1,243,695
68$2,116,825$699,759$471,389$1,311,608
69$2,297,375$698,681$451,814$1,385,622
70$2,495,227$696,436$430,469$1,466,372
71$2,712,110$692,931$407,260$1,554,564
72$2,949,930$688,070$382,088$1,650,976
73$3,210,785$681,748$354,850$1,756,468
74$3,496,987$673,855$325,439$1,871,990
75$3,811,079$664,274$293,741$1,998,594
76$4,155,868$652,881$259,640$2,137,439
77$4,534,440$639,547$223,012$2,289,807
78$4,950,200$624,131$183,729$2,457,114
79$5,406,894$606,487$141,658$2,640,924
80$5,908,651$586,459$96,658$2,842,965
81$6,460,021$563,883$48,584$3,065,142
82$7,066,015$538,585$0$3,309,563
83$7,732,152$510,379$0$3,579,307
84$8,464,516$479,072$0$3,890,618
85$9,269,806$444,457$0$4,232,885
86$10,155,407$406,315$0$4,609,284
87$11,129,451$364,418$0$5,023,317
88$12,200,901$318,520$0$5,478,848
89$13,379,631$268,365$0$5,980,137
90$14,676,519$213,681$0$6,531,882
91$16,103,554$154,181$0$7,139,265
92$17,673,942$89,561$0$7,807,998
93$19,402,236$19,502$0$8,544,382
94$21,304,470$0$0$9,355,364
95$23,398,314$0$0$10,269,681
96$25,703,235$0$0$11,284,295
97$28,240,683$0$0$12,401,363
98$31,034,297$0$0$13,631,304
99$34,110,121$0$0$14,985,595
100$37,496,854$0$0$16,476,888