Can I retire at age 52 with 586,000?

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 $586,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$48,391$47,960$47,540$47,129$46,728$45,305
2 years$23,956$23,510$23,078$22,658$22,252$20,830
3 years$15,812$15,364$14,933$14,517$14,117$12,742
4 years$11,741$11,294$10,867$10,459$10,069$8,750
5 years$9,299$8,855$8,433$8,033$7,654$6,395
6 years$7,671$7,231$6,815$6,424$6,056$4,859
7 years$6,509$6,072$5,664$5,282$4,925$3,790
8 years$5,638$5,205$4,803$4,431$4,086$3,011
9 years$4,961$4,532$4,137$3,774$3,441$2,425
10 years$4,419$3,995$3,607$3,253$2,932$1,974
11 years$3,977$3,556$3,175$2,831$2,522$1,620
12 years$3,608$3,192$2,818$2,483$2,185$1,338
13 years$3,296$2,885$2,518$2,193$1,906$1,111
14 years$3,029$2,622$2,262$1,946$1,670$926
15 years$2,798$2,395$2,042$1,736$1,471$775
16 years$2,596$2,198$1,852$1,554$1,300$650
17 years$2,418$2,024$1,685$1,396$1,153$546
18 years$2,260$1,870$1,538$1,258$1,025$460
19 years$2,119$1,733$1,408$1,137$913$388
20 years$1,992$1,611$1,292$1,030$816$328
21 years$1,877$1,500$1,189$935$730$278
22 years$1,773$1,400$1,096$850$654$235
23 years$1,678$1,310$1,012$774$587$199
24 years$1,591$1,227$936$706$528$169
25 years$1,511$1,152$866$645$475$143
26 years$1,437$1,082$804$589$428$122
27 years$1,369$1,019$746$540$386$103
28 years$1,306$960$694$494$348$88
29 years$1,247$905$646$453$314$74
30 years$1,193$855$601$416$284$63
31 years$1,142$808$561$382$257$54
32 years$1,094$765$523$351$232$46
33 years$1,049$724$488$323$210$39
34 years$1,007$687$456$297$190$33
35 years$968$651$427$274$172$28
36 years$931$618$399$252$156$24
37 years$896$587$374$232$142$20
38 years$862$558$350$214$128$17
39 years$831$530$328$197$116$15
40 years$801$505$307$182$106$13
41 years$773$480$288$168$96$11
42 years$746$458$270$155$87$9
43 years$721$436$254$143$79$8
44 years$696$416$238$132$72$7
45 years$673$396$223$122$65$6
46 years$651$378$210$113$59$5
47 years$630$361$197$104$54$4
48 years$610$344$185$96$49$3
49 years$591$329$174$89$44$3
50 years$572$314$164$82$40$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $586,000, adding $5,587 every year, while hoping to spend $46,122 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: 48/41/11 Blend
51$586,000$586,000$586,000$586,000
52$651,535$620,477$611,394$680,584
53$668,918$601,807$582,802$682,487
54$686,528$580,676$551,707$679,292
55$704,341$556,916$517,975$674,776
56$722,325$530,346$481,469$668,831
57$740,447$500,778$442,043$661,341
58$758,668$468,011$399,546$652,182
59$776,941$431,833$353,821$641,222
60$795,217$392,021$304,702$628,317
61$813,437$348,337$252,017$613,317
62$831,534$300,532$195,586$596,058
63$849,433$248,341$135,220$576,364
64$867,049$191,484$70,725$554,051
65$884,289$129,667$1,895$528,916
66$901,044$62,579$0$500,746
67$917,195$0$0$477,709
68$932,606$0$0$456,503
69$947,129$0$0$463,026
70$960,593$0$0$468,952
71$972,812$0$0$474,182
72$983,576$0$0$478,603
73$992,651$0$0$482,090
74$999,777$0$0$484,506
75$1,004,666$0$0$485,695
76$1,006,994$0$0$485,486
77$1,006,406$0$0$483,689
78$1,002,504$0$0$480,092
79$994,847$0$0$474,461
80$982,946$0$0$466,535
81$966,261$0$0$456,027
82$944,190$0$0$442,617
83$916,068$0$0$425,952
84$881,157$0$0$405,639
85$838,643$0$0$381,247
86$787,623$0$0$352,294
87$727,096$0$0$318,252
88$655,958$0$0$278,533
89$572,988$0$0$232,489
90$476,833$0$0$179,403
91$366,000$0$0$118,483
92$238,840$0$0$48,854
93$93,527$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