Can I retire at age 52 with 590,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%14.2%
1 years$48,722$48,288$47,864$47,451$47,047$46,230
2 years$24,120$23,670$23,235$22,813$22,404$21,583
3 years$15,920$15,469$15,035$14,616$14,214$13,415
4 years$11,821$11,371$10,941$10,530$10,137$9,367
5 years$9,362$8,915$8,491$8,088$7,706$6,966
6 years$7,724$7,280$6,862$6,468$6,098$5,389
7 years$6,554$6,114$5,702$5,318$4,959$4,282
8 years$5,677$5,241$4,836$4,461$4,114$3,468
9 years$4,995$4,563$4,165$3,800$3,465$2,850
10 years$4,450$4,022$3,631$3,276$2,952$2,368
11 years$4,004$3,580$3,197$2,851$2,539$1,984
12 years$3,633$3,214$2,837$2,500$2,200$1,675
13 years$3,319$2,904$2,535$2,208$1,919$1,421
14 years$3,050$2,640$2,278$1,960$1,682$1,212
15 years$2,817$2,412$2,056$1,748$1,481$1,037
16 years$2,614$2,213$1,864$1,565$1,309$891
17 years$2,435$2,038$1,697$1,406$1,160$767
18 years$2,275$1,883$1,549$1,267$1,032$662
19 years$2,133$1,745$1,418$1,145$920$573
20 years$2,005$1,622$1,301$1,037$821$496
21 years$1,890$1,510$1,197$941$735$430
22 years$1,785$1,410$1,103$856$659$374
23 years$1,689$1,319$1,018$779$591$325
24 years$1,602$1,236$942$711$532$283
25 years$1,521$1,159$872$649$478$246
26 years$1,447$1,090$809$593$431$215
27 years$1,378$1,026$751$543$389$187
28 years$1,315$966$698$498$351$163
29 years$1,256$912$650$456$317$143
30 years$1,201$861$605$419$286$125
31 years$1,150$814$564$385$259$109
32 years$1,102$770$527$354$234$95
33 years$1,057$729$492$325$212$83
34 years$1,014$691$459$299$192$73
35 years$975$656$430$275$174$64
36 years$937$622$402$254$157$56
37 years$902$591$376$234$143$49
38 years$868$562$352$215$129$43
39 years$837$534$330$199$117$37
40 years$807$508$309$183$106$33
41 years$778$484$290$169$96$28
42 years$751$461$272$156$88$25
43 years$725$439$255$144$79$22
44 years$701$418$240$133$72$19
45 years$678$399$225$123$65$17
46 years$655$381$211$113$59$15
47 years$634$363$199$105$54$13
48 years$614$347$187$97$49$11
49 years$595$331$175$89$45$10
50 years$576$316$165$83$40$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $590,000, adding $6,896 every year, while hoping to spend $41,936 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: 27/45/28 Blend
51$590,000$590,000$590,000$590,000
52$657,293$626,023$616,878$669,178
53$679,718$612,079$592,924$665,387
54$703,024$596,046$566,762$657,265
55$727,257$577,777$538,274$647,693
56$752,467$557,118$507,335$636,577
57$778,706$533,903$473,818$623,818
58$806,030$507,961$437,587$609,310
59$834,499$479,105$398,501$592,946
60$864,180$447,143$356,412$574,610
61$895,142$411,869$311,168$554,181
62$927,460$373,064$262,606$531,533
63$961,217$330,500$210,559$506,533
64$996,501$283,934$154,852$479,042
65$1,033,406$233,110$95,302$448,915
66$1,072,037$177,755$31,718$416,000
67$1,112,504$117,585$0$380,136
68$1,154,930$52,297$0$351,954
69$1,199,445$0$0$331,297
70$1,246,191$0$0$317,688
71$1,295,325$0$0$330,635
72$1,347,014$0$0$344,289
73$1,401,442$0$0$358,703
74$1,458,807$0$0$373,936
75$1,519,328$0$0$390,050
76$1,583,242$0$0$407,113
77$1,650,806$0$0$425,201
78$1,722,304$0$0$444,396
79$1,798,042$0$0$464,788
80$1,878,357$0$0$486,473
81$1,963,618$0$0$509,561
82$2,054,225$0$0$534,167
83$2,150,620$0$0$560,422
84$2,253,283$0$0$588,464
85$2,362,741$0$0$618,450
86$2,479,573$0$0$650,549
87$2,604,410$0$0$684,945
88$2,737,946$0$0$721,844
89$2,880,940$0$0$761,467
90$3,034,228$0$0$804,061
91$3,198,723$0$0$849,894
92$3,375,430$0$0$899,263
93$3,565,449$0$0$952,492
94$3,769,990$0$0$1,009,937
95$3,990,382$0$0$1,071,992
96$4,228,083$0$0$1,139,085
97$4,484,697$0$0$1,211,691
98$4,761,983$0$0$1,290,330
99$5,061,878$0$0$1,375,575
100$5,386,508$0$0$1,468,053