Can I retire at age 52 with 591,000?

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 $591,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$48,804$48,370$47,945$47,531$47,127$46,138
2 years$24,161$23,711$23,274$22,852$22,442$21,450
3 years$15,947$15,495$15,060$14,641$14,238$13,274
4 years$11,841$11,391$10,960$10,548$10,155$9,226
5 years$9,378$8,930$8,505$8,102$7,719$6,829
6 years$7,737$7,292$6,874$6,479$6,108$5,257
7 years$6,565$6,124$5,712$5,327$4,967$4,156
8 years$5,686$5,249$4,844$4,469$4,121$3,349
9 years$5,003$4,571$4,172$3,806$3,470$2,737
10 years$4,457$4,029$3,638$3,281$2,957$2,261
11 years$4,011$3,587$3,202$2,856$2,543$1,884
12 years$3,639$3,219$2,842$2,505$2,204$1,581
13 years$3,324$2,909$2,539$2,211$1,922$1,334
14 years$3,055$2,644$2,281$1,963$1,685$1,131
15 years$2,822$2,416$2,060$1,751$1,483$962
16 years$2,618$2,216$1,868$1,567$1,311$821
17 years$2,439$2,041$1,699$1,408$1,162$702
18 years$2,279$1,886$1,551$1,269$1,034$602
19 years$2,137$1,748$1,420$1,147$921$517
20 years$2,009$1,624$1,303$1,039$823$445
21 years$1,893$1,513$1,199$943$736$383
22 years$1,788$1,412$1,105$857$660$331
23 years$1,692$1,321$1,020$781$592$286
24 years$1,604$1,238$944$712$533$247
25 years$1,524$1,161$874$650$479$213
26 years$1,449$1,092$810$594$432$185
27 years$1,381$1,027$753$544$389$160
28 years$1,317$968$700$499$351$139
29 years$1,258$913$651$457$317$120
30 years$1,203$862$606$420$286$104
31 years$1,152$815$565$385$259$90
32 years$1,103$771$528$354$234$78
33 years$1,058$731$493$326$212$68
34 years$1,016$692$460$300$192$59
35 years$976$657$430$276$174$51
36 years$939$623$402$254$158$44
37 years$903$592$377$234$143$39
38 years$870$563$353$216$129$33
39 years$838$535$331$199$117$29
40 years$808$509$310$183$106$25
41 years$779$485$290$169$97$22
42 years$752$461$272$156$88$19
43 years$727$440$256$144$80$17
44 years$702$419$240$133$72$14
45 years$679$400$225$123$66$12
46 years$657$381$212$114$60$11
47 years$635$364$199$105$54$9
48 years$615$347$187$97$49$8
49 years$596$332$176$90$45$7
50 years$577$317$165$83$40$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $591,000, adding $4,923 every year, while hoping to spend $21,863 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: 84/6/10 Blend
51$591,000$591,000$591,000$591,000
52$656,360$625,037$615,877$710,103
53$700,047$632,402$613,246$753,341
54$747,457$639,395$609,795$797,378
55$798,947$645,974$605,473$845,078
56$854,909$652,097$600,226$896,796
57$915,775$657,715$593,999$952,923
58$982,020$662,779$586,734$1,013,889
59$1,054,166$667,236$578,370$1,080,168
60$1,132,789$671,028$568,843$1,152,283
61$1,218,521$674,095$558,086$1,230,808
62$1,312,058$676,374$546,030$1,316,377
63$1,414,167$677,796$532,602$1,409,689
64$1,525,693$678,288$517,724$1,511,511
65$1,647,563$677,774$501,318$1,622,690
66$1,780,801$676,171$483,298$1,744,161
67$1,926,532$673,394$463,578$1,876,949
68$2,085,997$669,349$442,067$2,022,189
69$2,260,561$663,938$418,668$2,181,128
70$2,451,727$657,060$393,282$2,355,140
71$2,661,150$648,602$365,804$2,545,741
72$2,890,653$638,450$336,124$2,754,599
73$3,142,245$626,480$304,130$2,983,554
74$3,418,137$612,560$269,701$3,234,632
75$3,720,764$596,553$232,713$3,510,068
76$4,052,810$578,312$193,037$3,812,320
77$4,417,229$557,681$150,536$4,144,102
78$4,817,276$534,497$105,069$4,508,401
79$5,256,537$508,586$56,487$4,908,511
80$5,738,961$479,765$4,637$5,348,060
81$6,268,900$447,838$0$5,831,046
82$6,851,146$412,600$0$6,367,287
83$7,490,980$373,835$0$6,957,108
84$8,194,219$331,312$0$7,605,385
85$8,967,272$284,789$0$8,318,035
86$9,817,200$234,010$0$9,101,578
87$10,751,781$178,703$0$9,963,196
88$11,779,586$118,583$0$10,910,807
89$12,910,058$53,347$0$11,953,132
90$14,153,600$0$0$13,099,780
91$15,521,674$0$0$14,362,485
92$17,026,911$0$0$15,755,676
93$18,683,226$0$0$17,288,711
94$20,505,952$0$0$18,975,784
95$22,511,982$0$0$20,832,532
96$24,719,932$0$0$22,876,186
97$27,150,312$0$0$25,125,734
98$29,825,723$0$0$27,602,095
99$32,771,067$0$0$30,328,321
100$36,013,784$0$0$33,329,813