Can I retire at age 52 with 596,000?

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 $596,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$49,217$48,779$48,351$47,934$47,526$46,097
2 years$24,365$23,911$23,471$23,045$22,631$21,204
3 years$16,082$15,626$15,188$14,765$14,358$12,977
4 years$11,941$11,487$11,053$10,637$10,240$8,916
5 years$9,457$9,006$8,577$8,171$7,785$6,520
6 years$7,802$7,354$6,932$6,534$6,160$4,957
7 years$6,620$6,176$5,760$5,372$5,009$3,868
8 years$5,734$5,294$4,885$4,506$4,156$3,075
9 years$5,046$4,609$4,208$3,839$3,500$2,478
10 years$4,495$4,063$3,668$3,309$2,982$2,018
11 years$4,045$3,617$3,230$2,880$2,565$1,657
12 years$3,670$3,246$2,866$2,526$2,222$1,370
13 years$3,353$2,934$2,561$2,230$1,938$1,138
14 years$3,081$2,667$2,301$1,980$1,699$949
15 years$2,846$2,436$2,077$1,765$1,496$795
16 years$2,641$2,235$1,883$1,581$1,322$667
17 years$2,459$2,058$1,714$1,420$1,172$561
18 years$2,299$1,902$1,564$1,280$1,042$473
19 years$2,155$1,763$1,432$1,157$929$400
20 years$2,026$1,638$1,314$1,047$830$338
21 years$1,909$1,526$1,209$951$743$286
22 years$1,803$1,424$1,114$864$666$242
23 years$1,706$1,332$1,029$787$597$206
24 years$1,618$1,248$951$718$537$174
25 years$1,537$1,171$881$656$483$148
26 years$1,462$1,101$817$600$435$126
27 years$1,393$1,036$759$549$392$107
28 years$1,328$976$706$503$354$91
29 years$1,269$921$657$461$320$77
30 years$1,213$870$612$423$289$66
31 years$1,161$822$570$389$261$56
32 years$1,113$778$532$357$236$48
33 years$1,067$737$497$328$214$40
34 years$1,025$698$464$302$194$34
35 years$984$662$434$278$175$29
36 years$947$629$406$256$159$25
37 years$911$597$380$236$144$21
38 years$877$567$356$218$131$18
39 years$845$540$333$201$118$15
40 years$815$513$312$185$107$13
41 years$786$489$293$171$97$11
42 years$759$465$275$158$88$10
43 years$733$443$258$145$80$8
44 years$708$423$242$134$73$7
45 years$685$403$227$124$66$6
46 years$662$384$213$115$60$5
47 years$641$367$201$106$55$4
48 years$620$350$188$98$49$4
49 years$601$334$177$90$45$3
50 years$582$320$167$84$41$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $596,000, adding $5,211 every year, while hoping to spend $31,300 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: 50/21/29 Blend
51$596,000$596,000$596,000$596,000
52$662,167$630,579$621,341$689,608
53$696,405$628,175$608,853$706,947
54$733,087$624,603$594,898$722,263
55$772,427$619,775$579,393$738,306
56$814,665$613,593$562,252$755,159
57$860,059$605,958$543,386$772,917
58$908,896$596,760$522,700$791,684
59$961,489$585,888$500,096$811,580
60$1,018,183$573,218$475,472$832,737
61$1,079,356$558,625$448,719$855,303
62$1,145,425$541,972$419,725$879,444
63$1,216,846$523,116$388,374$905,345
64$1,294,121$501,906$354,541$933,213
65$1,377,803$478,180$318,100$963,278
66$1,468,498$451,771$278,916$995,797
67$1,566,875$422,497$236,849$1,031,057
68$1,673,666$390,169$191,753$1,069,377
69$1,789,679$354,587$143,477$1,111,111
70$1,915,803$315,538$91,860$1,156,656
71$2,053,014$272,799$36,736$1,206,449
72$2,202,388$226,132$0$1,260,979
73$2,365,106$175,287$0$1,327,625
74$2,542,471$120,001$0$1,412,727
75$2,735,915$59,993$0$1,505,636
76$2,947,015$0$0$1,607,153
77$3,177,506$0$0$1,719,329
78$3,429,300$0$0$1,857,076
79$3,704,498$0$0$2,007,687
80$4,005,416$0$0$2,172,438
81$4,334,605$0$0$2,352,733
82$4,694,872$0$0$2,550,118
83$5,089,306$0$0$2,766,293
84$5,521,313$0$0$3,003,135
85$5,994,641$0$0$3,262,707
86$6,513,419$0$0$3,547,282
87$7,082,192$0$0$3,859,366
88$7,705,969$0$0$4,201,715
89$8,390,265$0$0$4,577,367
90$9,141,156$0$0$4,989,669
91$9,965,332$0$0$5,442,306
92$10,870,165$0$0$5,939,339
93$11,863,775$0$0$6,485,239
94$12,955,107$0$0$7,084,934
95$14,154,012$0$0$7,743,851
96$15,471,347$0$0$8,467,970
97$16,919,069$0$0$9,263,877
98$18,510,352$0$0$10,138,831
99$20,259,711$0$0$11,100,826
100$22,183,135$0$0$12,158,671