Can I retire at age 52 with 590,000?

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 $590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$48,722$48,288$47,864$47,451$47,047$46,440
2 years$24,120$23,670$23,235$22,813$22,404$21,793
3 years$15,920$15,469$15,035$14,616$14,214$13,618
4 years$11,821$11,371$10,941$10,530$10,137$9,562
5 years$9,362$8,915$8,491$8,088$7,706$7,152
6 years$7,724$7,280$6,862$6,468$6,098$5,566
7 years$6,554$6,114$5,702$5,318$4,959$4,450
8 years$5,677$5,241$4,836$4,461$4,114$3,627
9 years$4,995$4,563$4,165$3,800$3,465$3,000
10 years$4,450$4,022$3,631$3,276$2,952$2,509
11 years$4,004$3,580$3,197$2,851$2,539$2,117
12 years$3,633$3,214$2,837$2,500$2,200$1,799
13 years$3,319$2,904$2,535$2,208$1,919$1,538
14 years$3,050$2,640$2,278$1,960$1,682$1,321
15 years$2,817$2,412$2,056$1,748$1,481$1,140
16 years$2,614$2,213$1,864$1,565$1,309$986
17 years$2,435$2,038$1,697$1,406$1,160$856
18 years$2,275$1,883$1,549$1,267$1,032$745
19 years$2,133$1,745$1,418$1,145$920$649
20 years$2,005$1,622$1,301$1,037$821$567
21 years$1,890$1,510$1,197$941$735$496
22 years$1,785$1,410$1,103$856$659$434
23 years$1,689$1,319$1,018$779$591$381
24 years$1,602$1,236$942$711$532$334
25 years$1,521$1,159$872$649$478$294
26 years$1,447$1,090$809$593$431$258
27 years$1,378$1,026$751$543$389$227
28 years$1,315$966$698$498$351$200
29 years$1,256$912$650$456$317$176
30 years$1,201$861$605$419$286$155
31 years$1,150$814$564$385$259$137
32 years$1,102$770$527$354$234$121
33 years$1,057$729$492$325$212$107
34 years$1,014$691$459$299$192$94
35 years$975$656$430$275$174$83
36 years$937$622$402$254$157$73
37 years$902$591$376$234$143$65
38 years$868$562$352$215$129$57
39 years$837$534$330$199$117$50
40 years$807$508$309$183$106$45
41 years$778$484$290$169$96$39
42 years$751$461$272$156$88$35
43 years$725$439$255$144$79$31
44 years$701$418$240$133$72$27
45 years$678$399$225$123$65$24
46 years$655$381$211$113$59$21
47 years$634$363$199$105$54$19
48 years$614$347$187$97$49$17
49 years$595$331$175$89$45$15
50 years$576$316$165$83$40$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $590,000, adding $4,849 every year, while hoping to spend $25,804 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: 71/8/21 Blend
51$590,000$590,000$590,000$590,000
52$655,182$623,912$614,767$697,995
53$694,555$627,028$607,906$730,280
54$737,080$629,432$599,951$762,099
55$783,049$631,062$590,837$796,300
56$832,788$631,852$580,498$833,116
57$886,651$631,731$568,863$872,803
58$945,029$630,626$555,859$915,646
59$1,008,351$628,456$541,410$961,956
60$1,077,091$625,138$525,435$1,012,081
61$1,151,767$620,583$507,850$1,066,400
62$1,232,952$614,696$488,568$1,125,334
63$1,321,275$607,378$467,497$1,189,348
64$1,417,427$598,522$444,540$1,258,952
65$1,522,171$588,015$419,598$1,334,712
66$1,636,343$575,739$392,566$1,417,250
67$1,760,867$561,567$363,333$1,507,254
68$1,896,757$545,365$331,786$1,605,482
69$2,045,131$526,992$297,806$1,712,771
70$2,207,218$506,299$261,266$1,830,042
71$2,384,373$483,126$222,037$1,958,316
72$2,578,087$457,307$179,983$2,098,713
73$2,790,000$428,663$134,961$2,252,473
74$3,021,920$397,008$86,822$2,420,961
75$3,275,837$362,143$35,412$2,605,686
76$3,553,943$323,858$0$2,808,308
77$3,858,650$281,933$0$3,035,020
78$4,192,618$236,132$0$3,292,236
79$4,558,772$186,210$0$3,574,282
80$4,960,336$131,904$0$3,883,658
81$5,400,862$72,939$0$4,223,119
82$5,884,261$9,024$0$4,595,701
83$6,414,841$0$0$5,004,748
84$6,997,347$0$0$5,459,240
85$7,637,007$0$0$5,959,231
86$8,339,579$0$0$6,508,429
87$9,111,406$0$0$7,111,799
88$9,959,477$0$0$7,774,807
89$10,891,491$0$0$8,503,476
90$11,915,929$0$0$9,304,442
91$13,042,135$0$0$10,185,015
92$14,280,403$0$0$11,153,249
93$15,642,076$0$0$12,218,019
94$17,139,650$0$0$13,389,100
95$18,786,891$0$0$14,677,263
96$20,598,970$0$0$16,094,378
97$22,592,599$0$0$17,653,519
98$24,786,192$0$0$19,369,094
99$27,200,041$0$0$21,256,977
100$29,856,500$0$0$23,334,660