Can I retire at age 52 with 596,000?

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 $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%17.6%
1 years$49,217$48,779$48,351$47,934$47,526$46,060
2 years$24,365$23,911$23,471$23,045$22,631$21,167
3 years$16,082$15,626$15,188$14,765$14,358$12,942
4 years$11,941$11,487$11,053$10,637$10,240$8,883
5 years$9,457$9,006$8,577$8,171$7,785$6,489
6 years$7,802$7,354$6,932$6,534$6,160$4,928
7 years$6,620$6,176$5,760$5,372$5,009$3,841
8 years$5,734$5,294$4,885$4,506$4,156$3,050
9 years$5,046$4,609$4,208$3,839$3,500$2,455
10 years$4,495$4,063$3,668$3,309$2,982$1,997
11 years$4,045$3,617$3,230$2,880$2,565$1,638
12 years$3,670$3,246$2,866$2,526$2,222$1,352
13 years$3,353$2,934$2,561$2,230$1,938$1,122
14 years$3,081$2,667$2,301$1,980$1,699$934
15 years$2,846$2,436$2,077$1,765$1,496$781
16 years$2,641$2,235$1,883$1,581$1,322$655
17 years$2,459$2,058$1,714$1,420$1,172$550
18 years$2,299$1,902$1,564$1,280$1,042$463
19 years$2,155$1,763$1,432$1,157$929$390
20 years$2,026$1,638$1,314$1,047$830$330
21 years$1,909$1,526$1,209$951$743$279
22 years$1,803$1,424$1,114$864$666$236
23 years$1,706$1,332$1,029$787$597$200
24 years$1,618$1,248$951$718$537$169
25 years$1,537$1,171$881$656$483$143
26 years$1,462$1,101$817$600$435$122
27 years$1,393$1,036$759$549$392$103
28 years$1,328$976$706$503$354$88
29 years$1,269$921$657$461$320$74
30 years$1,213$870$612$423$289$63
31 years$1,161$822$570$389$261$54
32 years$1,113$778$532$357$236$46
33 years$1,067$737$497$328$214$39
34 years$1,025$698$464$302$194$33
35 years$984$662$434$278$175$28
36 years$947$629$406$256$159$24
37 years$911$597$380$236$144$20
38 years$877$567$356$218$131$17
39 years$845$540$333$201$118$15
40 years$815$513$312$185$107$12
41 years$786$489$293$171$97$11
42 years$759$465$275$158$88$9
43 years$733$443$258$145$80$8
44 years$708$423$242$134$73$6
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$3
49 years$601$334$177$90$45$3
50 years$582$320$167$84$41$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $596,000, adding $3,547 every year, while hoping to spend $47,655 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: 60/29/11 Blend
51$596,000$596,000$596,000$596,000
52$660,451$628,863$619,625$698,149
53$677,112$608,972$589,678$704,010
54$693,876$586,510$557,130$704,687
55$710,702$561,300$521,845$704,262
56$727,545$533,155$483,678$702,632
57$744,353$501,878$442,479$699,686
58$761,067$467,260$398,093$695,303
59$777,621$429,081$350,354$689,355
60$793,940$387,108$299,092$681,700
61$809,939$341,093$244,129$672,189
62$825,522$290,776$185,277$660,657
63$840,584$235,883$122,342$646,929
64$855,004$176,121$55,121$630,814
65$868,648$111,185$0$612,106
66$881,367$40,750$0$592,531
67$892,992$0$0$576,931
68$903,338$0$0$569,933
69$912,196$0$0$574,928
70$919,334$0$0$578,759
71$924,494$0$0$581,254
72$927,389$0$0$582,222
73$927,700$0$0$581,452
74$925,073$0$0$578,709
75$919,114$0$0$573,731
76$909,388$0$0$566,230
77$895,410$0$0$555,883
78$876,645$0$0$542,336
79$852,497$0$0$525,195
80$822,308$0$0$504,022
81$785,351$0$0$478,336
82$740,818$0$0$447,601
83$687,816$0$0$411,226
84$625,358$0$0$368,556
85$552,352$0$0$318,870
86$467,590$0$0$261,365
87$369,738$0$0$195,160
88$257,320$0$0$119,276
89$128,707$0$0$32,634
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0