Can I retire at age 52 with 592,000?

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 $592,000?

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$48,887$48,451$48,026$47,612$47,207$46,387
2 years$24,201$23,751$23,314$22,890$22,479$21,656
3 years$15,974$15,521$15,086$14,666$14,262$13,460
4 years$11,861$11,410$10,978$10,566$10,172$9,399
5 years$9,394$8,945$8,520$8,116$7,732$6,990
6 years$7,750$7,305$6,885$6,490$6,118$5,407
7 years$6,576$6,134$5,722$5,336$4,976$4,296
8 years$5,696$5,258$4,852$4,476$4,128$3,480
9 years$5,012$4,578$4,179$3,813$3,476$2,859
10 years$4,465$4,036$3,644$3,287$2,962$2,376
11 years$4,017$3,593$3,208$2,860$2,547$1,991
12 years$3,645$3,225$2,847$2,509$2,208$1,680
13 years$3,330$2,914$2,543$2,215$1,925$1,426
14 years$3,060$2,649$2,285$1,966$1,687$1,216
15 years$2,827$2,420$2,063$1,754$1,486$1,041
16 years$2,623$2,220$1,871$1,570$1,313$894
17 years$2,443$2,045$1,702$1,411$1,164$770
18 years$2,283$1,889$1,554$1,271$1,035$664
19 years$2,140$1,751$1,423$1,149$923$575
20 years$2,012$1,627$1,306$1,040$824$498
21 years$1,896$1,516$1,201$944$738$432
22 years$1,791$1,415$1,107$859$661$375
23 years$1,695$1,323$1,022$782$593$326
24 years$1,607$1,240$945$713$533$284
25 years$1,526$1,163$875$651$480$247
26 years$1,452$1,093$812$595$432$215
27 years$1,383$1,029$754$545$390$188
28 years$1,319$970$701$499$352$164
29 years$1,260$915$652$458$318$143
30 years$1,205$864$607$420$287$125
31 years$1,154$817$566$386$259$109
32 years$1,105$773$528$355$235$95
33 years$1,060$732$493$326$212$83
34 years$1,018$694$461$300$192$73
35 years$978$658$431$276$174$64
36 years$940$624$403$254$158$56
37 years$905$593$377$234$143$49
38 years$871$564$353$216$130$43
39 years$839$536$331$199$118$37
40 years$809$510$310$184$107$33
41 years$781$485$291$170$97$29
42 years$754$462$273$156$88$25
43 years$728$440$256$144$80$22
44 years$703$420$240$133$72$19
45 years$680$400$226$123$66$17
46 years$658$382$212$114$60$15
47 years$636$364$199$105$54$13
48 years$616$348$187$97$49$11
49 years$597$332$176$90$45$10
50 years$578$317$165$83$41$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $592,000, adding $5,922 every year, while hoping to spend $34,373 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: 71/14/15 Blend
51$592,000$592,000$592,000$592,000
52$658,493$627,117$617,941$702,597
53$689,086$621,273$602,069$726,814
54$721,648$613,990$584,514$748,597
55$756,343$605,163$565,182$771,550
56$793,352$594,677$543,977$795,782
57$832,871$582,413$520,797$821,415
58$875,116$568,244$495,536$848,582
59$920,325$552,036$468,084$877,432
60$968,758$533,645$438,325$908,129
61$1,020,700$512,922$406,137$940,857
62$1,076,463$489,707$371,395$975,816
63$1,136,392$463,832$333,965$1,013,231
64$1,200,862$435,118$293,711$1,053,349
65$1,270,287$403,376$250,488$1,096,443
66$1,345,123$368,408$204,146$1,142,817
67$1,425,867$330,002$154,526$1,192,806
68$1,513,069$287,935$101,467$1,246,781
69$1,607,331$241,973$44,795$1,305,153
70$1,709,316$191,867$0$1,368,376
71$1,819,752$137,354$0$1,439,462
72$1,939,438$78,156$0$1,524,271
73$2,069,256$13,980$0$1,616,271
74$2,210,173$0$0$1,716,174
75$2,363,254$0$0$1,833,313
76$2,529,669$0$0$1,963,025
77$2,710,709$0$0$2,104,162
78$2,907,789$0$0$2,257,834
79$3,122,470$0$0$2,425,260
80$3,356,468$0$0$2,607,783
81$3,611,672$0$0$2,806,881
82$3,890,162$0$0$3,024,180
83$4,194,226$0$0$3,261,469
84$4,526,383$0$0$3,520,720
85$4,889,407$0$0$3,804,102
86$5,286,352$0$0$4,114,003
87$5,720,579$0$0$4,453,054
88$6,195,790$0$0$4,824,149
89$6,716,062$0$0$5,230,478
90$7,285,883$0$0$5,675,552
91$7,910,197$0$0$6,163,238
92$8,594,447$0$0$6,697,794
93$9,344,628$0$0$7,283,911
94$10,167,345$0$0$7,926,754
95$11,069,871$0$0$8,632,014
96$12,060,216$0$0$9,405,958
97$13,147,204$0$0$10,255,488
98$14,340,556$0$0$11,188,209
99$15,650,978$0$0$12,212,498
100$17,090,266$0$0$13,337,582