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%18.4%
1 years$48,887$48,451$48,026$47,612$47,207$45,605
2 years$24,201$23,751$23,314$22,890$22,479$20,881
3 years$15,974$15,521$15,086$14,666$14,262$12,718
4 years$11,861$11,410$10,978$10,566$10,172$8,694
5 years$9,394$8,945$8,520$8,116$7,732$6,324
6 years$7,750$7,305$6,885$6,490$6,118$4,782
7 years$6,576$6,134$5,722$5,336$4,976$3,710
8 years$5,696$5,258$4,852$4,476$4,128$2,932
9 years$5,012$4,578$4,179$3,813$3,476$2,349
10 years$4,465$4,036$3,644$3,287$2,962$1,901
11 years$4,017$3,593$3,208$2,860$2,547$1,551
12 years$3,645$3,225$2,847$2,509$2,208$1,273
13 years$3,330$2,914$2,543$2,215$1,925$1,051
14 years$3,060$2,649$2,285$1,966$1,687$871
15 years$2,827$2,420$2,063$1,754$1,486$724
16 years$2,623$2,220$1,871$1,570$1,313$603
17 years$2,443$2,045$1,702$1,411$1,164$504
18 years$2,283$1,889$1,554$1,271$1,035$421
19 years$2,140$1,751$1,423$1,149$923$353
20 years$2,012$1,627$1,306$1,040$824$296
21 years$1,896$1,516$1,201$944$738$249
22 years$1,791$1,415$1,107$859$661$209
23 years$1,695$1,323$1,022$782$593$176
24 years$1,607$1,240$945$713$533$148
25 years$1,526$1,163$875$651$480$125
26 years$1,452$1,093$812$595$432$105
27 years$1,383$1,029$754$545$390$89
28 years$1,319$970$701$499$352$75
29 years$1,260$915$652$458$318$63
30 years$1,205$864$607$420$287$53
31 years$1,154$817$566$386$259$45
32 years$1,105$773$528$355$235$38
33 years$1,060$732$493$326$212$32
34 years$1,018$694$461$300$192$27
35 years$978$658$431$276$174$23
36 years$940$624$403$254$158$19
37 years$905$593$377$234$143$16
38 years$871$564$353$216$130$14
39 years$839$536$331$199$118$12
40 years$809$510$310$184$107$10
41 years$781$485$291$170$97$8
42 years$754$462$273$156$88$7
43 years$728$440$256$144$80$6
44 years$703$420$240$133$72$5
45 years$680$400$226$123$66$4
46 years$658$382$212$114$60$4
47 years$636$364$199$105$54$3
48 years$616$348$187$97$49$3
49 years$597$332$176$90$45$2
50 years$578$317$165$83$41$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $592,000, adding $6,078 every year, while hoping to spend $25,855 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: 74/21/5 Blend
51$592,000$592,000$592,000$592,000
52$658,653$627,277$618,101$706,694
53$698,327$630,505$611,298$742,360
54$741,180$633,023$603,401$777,528
55$787,510$634,771$594,345$815,305
56$837,644$635,683$584,063$855,939
57$891,941$635,689$572,487$899,703
58$950,795$634,714$559,541$946,899
59$1,014,640$632,679$545,150$997,860
60$1,083,954$629,500$529,233$1,052,952
61$1,159,261$625,089$511,705$1,112,581
62$1,241,139$619,352$492,481$1,177,190
63$1,330,223$612,188$471,466$1,247,272
64$1,427,211$603,491$448,566$1,323,368
65$1,532,874$593,149$423,680$1,406,077
66$1,648,057$581,043$396,704$1,496,055
67$1,773,691$567,047$367,526$1,594,030
68$1,910,803$551,028$336,033$1,700,803
69$2,060,520$532,843$302,106$1,817,256
70$2,224,086$512,345$265,618$1,944,363
71$2,402,866$489,374$226,441$2,083,199
72$2,598,368$463,762$184,436$2,234,947
73$2,812,249$435,334$139,462$2,400,912
74$3,046,335$403,902$91,370$2,582,536
75$3,302,635$369,267$40,005$2,781,405
76$3,583,363$331,221$0$2,999,270
77$3,890,957$289,542$0$3,238,852
78$4,228,102$243,996$0$3,503,819
79$4,597,754$194,337$0$3,794,391
80$5,003,169$140,305$0$4,113,166
81$5,447,935$81,622$0$4,463,008
82$5,936,002$17,999$0$4,847,075
83$6,471,722$0$0$5,268,848
84$7,059,888$0$0$5,743,921
85$7,705,780$0$0$6,270,215
86$8,415,216$0$0$6,848,315
87$9,194,603$0$0$7,483,444
88$10,050,999$0$0$8,181,359
89$10,992,183$0$0$8,948,402
90$12,026,720$0$0$9,791,558
91$13,164,050$0$0$10,718,525
92$14,414,572$0$0$11,737,781
93$15,789,743$0$0$12,858,669
94$17,302,185$0$0$14,091,482
95$18,965,806$0$0$15,447,561
96$20,795,927$0$0$16,939,401
97$22,809,433$0$0$18,580,768
98$25,024,925$0$0$20,386,831
99$27,462,898$0$0$22,374,304
100$30,145,936$0$0$24,561,602