Can I retire at age 52 with 593,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $593,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$48,969$48,533$48,108$47,692$47,287$46,696
2 years$24,242$23,791$23,353$22,929$22,517$21,923
3 years$16,001$15,548$15,111$14,691$14,286$13,706
4 years$11,881$11,429$10,997$10,584$10,189$9,628
5 years$9,410$8,961$8,534$8,129$7,745$7,206
6 years$7,763$7,317$6,897$6,501$6,129$5,611
7 years$6,587$6,145$5,731$5,345$4,984$4,488
8 years$5,705$5,267$4,861$4,484$4,135$3,660
9 years$5,020$4,586$4,186$3,819$3,482$3,029
10 years$4,472$4,042$3,650$3,292$2,967$2,535
11 years$4,024$3,599$3,213$2,865$2,552$2,141
12 years$3,651$3,230$2,852$2,513$2,211$1,820
13 years$3,336$2,919$2,548$2,219$1,928$1,557
14 years$3,066$2,653$2,289$1,970$1,690$1,339
15 years$2,832$2,424$2,067$1,756$1,488$1,155
16 years$2,627$2,224$1,874$1,573$1,315$1,001
17 years$2,447$2,048$1,705$1,413$1,166$869
18 years$2,287$1,892$1,557$1,273$1,037$757
19 years$2,144$1,754$1,425$1,151$924$660
20 years$2,015$1,630$1,308$1,042$826$577
21 years$1,899$1,518$1,203$946$739$505
22 years$1,794$1,417$1,109$860$662$443
23 years$1,698$1,325$1,024$783$594$388
24 years$1,610$1,242$947$714$534$341
25 years$1,529$1,165$877$652$481$300
26 years$1,454$1,095$813$596$433$264
27 years$1,385$1,031$755$546$390$233
28 years$1,322$971$702$500$352$205
29 years$1,262$916$653$459$318$181
30 years$1,207$865$609$421$287$159
31 years$1,155$818$567$387$260$141
32 years$1,107$774$529$355$235$124
33 years$1,062$733$494$327$213$109
34 years$1,019$695$462$301$193$97
35 years$979$659$432$277$174$85
36 years$942$625$404$255$158$75
37 years$906$594$378$235$143$67
38 years$873$565$354$216$130$59
39 years$841$537$332$200$118$52
40 years$811$511$311$184$107$46
41 years$782$486$291$170$97$41
42 years$755$463$273$157$88$36
43 years$729$441$257$145$80$32
44 years$705$421$241$134$72$28
45 years$681$401$226$123$66$25
46 years$659$383$212$114$60$22
47 years$637$365$200$105$54$19
48 years$617$348$188$97$49$17
49 years$598$333$176$90$45$15
50 years$579$318$166$83$41$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $593,000, adding $2,654 every year, while hoping to spend $40,458 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: 63/21/16 Blend
51$593,000$593,000$593,000$593,000
52$656,224$624,795$615,603$694,803
53$680,111$612,363$593,179$708,599
54$705,080$597,965$568,647$718,814
55$731,196$581,464$541,895$728,999
56$758,534$562,711$512,804$739,152
57$787,172$541,551$481,251$749,274
58$817,195$517,820$447,105$759,367
59$848,698$491,342$410,232$769,434
60$881,781$461,933$370,490$779,483
61$916,554$429,399$327,732$789,521
62$953,135$393,532$281,804$799,561
63$991,655$354,116$232,545$809,619
64$1,032,255$310,919$179,787$819,714
65$1,075,089$263,698$123,354$829,870
66$1,120,325$212,196$63,063$840,118
67$1,168,146$156,141$0$850,492
68$1,218,751$95,246$0$861,254
69$1,272,358$29,208$0$883,740
70$1,329,207$0$0$907,266
71$1,389,556$0$0$941,712
72$1,453,691$0$0$985,514
73$1,521,924$0$0$1,032,138
74$1,594,595$0$0$1,081,820
75$1,672,078$0$0$1,134,818
76$1,754,781$0$0$1,191,416
77$1,843,153$0$0$1,251,922
78$1,937,684$0$0$1,316,679
79$2,038,913$0$0$1,386,058
80$2,147,431$0$0$1,460,469
81$2,263,884$0$0$1,540,360
82$2,388,985$0$0$1,626,224
83$2,523,512$0$0$1,718,602
84$2,668,323$0$0$1,818,088
85$2,824,359$0$0$1,925,332
86$2,992,651$0$0$2,041,053
87$3,174,336$0$0$2,166,036
88$3,370,661$0$0$2,301,146
89$3,582,996$0$0$2,447,334
90$3,812,847$0$0$2,605,645
91$4,061,872$0$0$2,777,226
92$4,331,891$0$0$2,963,342
93$4,624,906$0$0$3,165,382
94$4,943,121$0$0$3,384,872
95$5,288,957$0$0$3,623,494
96$5,665,080$0$0$3,883,096
97$6,074,423$0$0$4,165,713
98$6,520,210$0$0$4,473,583
99$7,005,994$0$0$4,809,169
100$7,535,679$0$0$5,175,182