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%18.9%
1 years$48,887$48,451$48,026$47,612$47,207$45,514
2 years$24,201$23,751$23,314$22,890$22,479$20,792
3 years$15,974$15,521$15,086$14,666$14,262$12,633
4 years$11,861$11,410$10,978$10,566$10,172$8,614
5 years$9,394$8,945$8,520$8,116$7,732$6,250
6 years$7,750$7,305$6,885$6,490$6,118$4,712
7 years$6,576$6,134$5,722$5,336$4,976$3,646
8 years$5,696$5,258$4,852$4,476$4,128$2,873
9 years$5,012$4,578$4,179$3,813$3,476$2,294
10 years$4,465$4,036$3,644$3,287$2,962$1,851
11 years$4,017$3,593$3,208$2,860$2,547$1,505
12 years$3,645$3,225$2,847$2,509$2,208$1,232
13 years$3,330$2,914$2,543$2,215$1,925$1,013
14 years$3,060$2,649$2,285$1,966$1,687$836
15 years$2,827$2,420$2,063$1,754$1,486$693
16 years$2,623$2,220$1,871$1,570$1,313$575
17 years$2,443$2,045$1,702$1,411$1,164$479
18 years$2,283$1,889$1,554$1,271$1,035$399
19 years$2,140$1,751$1,423$1,149$923$333
20 years$2,012$1,627$1,306$1,040$824$278
21 years$1,896$1,516$1,201$944$738$233
22 years$1,791$1,415$1,107$859$661$195
23 years$1,695$1,323$1,022$782$593$164
24 years$1,607$1,240$945$713$533$137
25 years$1,526$1,163$875$651$480$115
26 years$1,452$1,093$812$595$432$97
27 years$1,383$1,029$754$545$390$81
28 years$1,319$970$701$499$352$68
29 years$1,260$915$652$458$318$57
30 years$1,205$864$607$420$287$48
31 years$1,154$817$566$386$259$40
32 years$1,105$773$528$355$235$34
33 years$1,060$732$493$326$212$29
34 years$1,018$694$461$300$192$24
35 years$978$658$431$276$174$20
36 years$940$624$403$254$158$17
37 years$905$593$377$234$143$14
38 years$871$564$353$216$130$12
39 years$839$536$331$199$118$10
40 years$809$510$310$184$107$8
41 years$781$485$291$170$97$7
42 years$754$462$273$156$88$6
43 years$728$440$256$144$80$5
44 years$703$420$240$133$72$4
45 years$680$400$226$123$66$4
46 years$658$382$212$114$60$3
47 years$636$364$199$105$54$3
48 years$616$348$187$97$49$2
49 years$597$332$176$90$45$2
50 years$578$317$165$83$41$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $592,000, adding $4,348 every year, while hoping to spend $43,413 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: 37/45/18 Blend
51$592,000$592,000$592,000$592,000
52$656,869$625,493$616,317$677,454
53$677,679$609,951$590,772$677,186
54$699,156$592,193$562,917$672,474
55$721,322$572,063$532,628$666,474
56$744,202$549,399$499,776$659,095
57$767,819$524,028$464,226$650,240
58$792,197$495,766$425,839$639,806
59$817,363$464,420$384,466$627,685
60$843,343$429,786$339,955$613,764
61$870,166$391,646$292,145$597,922
62$897,859$349,774$240,868$580,032
63$926,454$303,926$185,950$559,958
64$955,981$253,847$127,209$537,561
65$986,473$199,268$64,452$512,690
66$1,017,965$139,903$0$485,188
67$1,050,491$75,452$0$455,373
68$1,084,089$5,597$0$435,827
69$1,118,797$0$0$414,015
70$1,154,655$0$0$424,449
71$1,191,705$0$0$438,096
72$1,229,992$0$0$452,201
73$1,269,561$0$0$466,782
74$1,310,461$0$0$481,856
75$1,352,741$0$0$497,442
76$1,396,456$0$0$513,562
77$1,441,660$0$0$530,234
78$1,488,412$0$0$547,483
79$1,536,774$0$0$565,331
80$1,586,809$0$0$583,802
81$1,638,587$0$0$602,923
82$1,692,178$0$0$622,721
83$1,747,659$0$0$643,224
84$1,805,110$0$0$664,464
85$1,864,615$0$0$686,473
86$1,926,264$0$0$709,285
87$1,990,153$0$0$732,937
88$2,056,381$0$0$757,467
89$2,125,057$0$0$782,918
90$2,196,294$0$0$809,332
91$2,270,213$0$0$836,757
92$2,346,943$0$0$865,242
93$2,426,623$0$0$894,843
94$2,509,400$0$0$925,614
95$2,595,430$0$0$957,619
96$2,684,883$0$0$990,922
97$2,777,938$0$0$1,025,594
98$2,874,790$0$0$1,061,712
99$2,975,646$0$0$1,099,356
100$3,080,730$0$0$1,138,613