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%15.9%
1 years$48,722$48,288$47,864$47,451$47,047$45,910
2 years$24,120$23,670$23,235$22,813$22,404$21,265
3 years$15,920$15,469$15,035$14,616$14,214$13,109
4 years$11,821$11,371$10,941$10,530$10,137$9,075
5 years$9,362$8,915$8,491$8,088$7,706$6,689
6 years$7,724$7,280$6,862$6,468$6,098$5,127
7 years$6,554$6,114$5,702$5,318$4,959$4,035
8 years$5,677$5,241$4,836$4,461$4,114$3,236
9 years$4,995$4,563$4,165$3,800$3,465$2,632
10 years$4,450$4,022$3,631$3,276$2,952$2,164
11 years$4,004$3,580$3,197$2,851$2,539$1,794
12 years$3,633$3,214$2,837$2,500$2,200$1,497
13 years$3,319$2,904$2,535$2,208$1,919$1,257
14 years$3,050$2,640$2,278$1,960$1,682$1,059
15 years$2,817$2,412$2,056$1,748$1,481$896
16 years$2,614$2,213$1,864$1,565$1,309$760
17 years$2,435$2,038$1,697$1,406$1,160$647
18 years$2,275$1,883$1,549$1,267$1,032$551
19 years$2,133$1,745$1,418$1,145$920$471
20 years$2,005$1,622$1,301$1,037$821$403
21 years$1,890$1,510$1,197$941$735$345
22 years$1,785$1,410$1,103$856$659$296
23 years$1,689$1,319$1,018$779$591$254
24 years$1,602$1,236$942$711$532$218
25 years$1,521$1,159$872$649$478$187
26 years$1,447$1,090$809$593$431$161
27 years$1,378$1,026$751$543$389$138
28 years$1,315$966$698$498$351$119
29 years$1,256$912$650$456$317$103
30 years$1,201$861$605$419$286$88
31 years$1,150$814$564$385$259$76
32 years$1,102$770$527$354$234$66
33 years$1,057$729$492$325$212$56
34 years$1,014$691$459$299$192$49
35 years$975$656$430$275$174$42
36 years$937$622$402$254$157$36
37 years$902$591$376$234$143$31
38 years$868$562$352$215$129$27
39 years$837$534$330$199$117$23
40 years$807$508$309$183$106$20
41 years$778$484$290$169$96$17
42 years$751$461$272$156$88$15
43 years$725$439$255$144$79$13
44 years$701$418$240$133$72$11
45 years$678$399$225$123$65$10
46 years$655$381$211$113$59$8
47 years$634$363$199$105$54$7
48 years$614$347$187$97$49$6
49 years$595$331$175$89$45$5
50 years$576$316$165$83$40$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $590,000, adding $5,195 every year, while hoping to spend $23,601 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: 69/21/10 Blend
51$590,000$590,000$590,000$590,000
52$655,539$624,269$615,124$699,101
53$697,292$629,747$610,619$734,151
54$742,514$634,702$605,172$769,132
55$791,532$639,084$598,728$806,772
56$844,708$642,839$591,225$847,329
57$902,441$645,910$582,603$891,086
58$965,166$648,237$572,797$938,355
59$1,033,366$649,753$561,738$989,482
60$1,107,570$650,391$549,357$1,044,846
61$1,188,359$650,077$535,578$1,104,866
62$1,276,375$648,735$520,323$1,170,004
63$1,372,323$646,281$503,512$1,240,771
64$1,476,979$642,628$485,058$1,317,728
65$1,591,198$637,683$464,874$1,401,496
66$1,715,919$631,348$442,867$1,492,758
67$1,852,178$623,520$418,938$1,592,268
68$2,001,114$614,086$392,986$1,700,859
69$2,163,982$602,931$364,906$1,819,447
70$2,342,164$589,930$334,585$1,949,044
71$2,537,179$574,951$301,909$2,090,766
72$2,750,704$557,857$266,756$2,245,843
73$2,984,583$538,499$228,999$2,415,633
74$3,240,846$516,721$188,506$2,601,632
75$3,521,732$492,359$145,140$2,805,490
76$3,829,702$465,239$98,756$3,029,028
77$4,167,471$435,175$49,204$3,274,253
78$4,538,028$401,973$0$3,543,378
79$4,944,664$365,426$0$3,839,236
80$5,391,005$325,318$0$4,169,755
81$5,881,045$281,416$0$4,532,665
82$6,419,184$233,478$0$4,931,259
83$7,010,269$181,247$0$5,369,165
84$7,659,640$124,451$0$5,850,383
85$8,373,177$62,803$0$6,379,321
86$9,157,361$0$0$6,960,842
87$10,019,330$0$0$7,601,226
88$10,966,950$0$0$8,321,233
89$12,008,885$0$0$9,112,939
90$13,154,681$0$0$9,983,600
91$14,414,857$0$0$10,941,216
92$15,801,000$0$0$11,994,595
93$17,325,879$0$0$13,153,447
94$19,003,560$0$0$14,428,467
95$20,849,543$0$0$15,831,439
96$22,880,907$0$0$17,375,350
97$25,116,468$0$0$19,074,507
98$27,576,960$0$0$20,944,674
99$30,285,229$0$0$23,003,223
100$33,266,447$0$0$25,269,292