Can I retire at age 52 with 598,000?

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 $598,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$49,382$48,942$48,513$48,094$47,685$47,345
2 years$24,447$23,991$23,550$23,122$22,707$22,364
3 years$16,136$15,679$15,238$14,815$14,406$14,071
4 years$11,981$11,525$11,090$10,673$10,275$9,950
5 years$9,489$9,036$8,606$8,198$7,811$7,497
6 years$7,828$7,379$6,955$6,556$6,180$5,879
7 years$6,643$6,197$5,780$5,390$5,026$4,736
8 years$5,754$5,312$4,902$4,522$4,170$3,892
9 years$5,062$4,625$4,222$3,851$3,512$3,245
10 years$4,510$4,076$3,681$3,320$2,992$2,737
11 years$4,058$3,629$3,240$2,889$2,573$2,330
12 years$3,682$3,257$2,876$2,534$2,230$1,998
13 years$3,364$2,944$2,569$2,237$1,945$1,724
14 years$3,091$2,676$2,308$1,986$1,705$1,494
15 years$2,856$2,444$2,084$1,771$1,501$1,301
16 years$2,649$2,243$1,890$1,586$1,326$1,137
17 years$2,468$2,065$1,720$1,425$1,176$996
18 years$2,306$1,908$1,570$1,284$1,046$875
19 years$2,162$1,769$1,437$1,160$932$771
20 years$2,032$1,644$1,319$1,051$833$680
21 years$1,915$1,531$1,213$954$745$601
22 years$1,809$1,429$1,118$867$668$532
23 years$1,712$1,337$1,032$790$599$472
24 years$1,623$1,252$955$720$539$419
25 years$1,542$1,175$884$658$485$372
26 years$1,467$1,105$820$602$437$331
27 years$1,397$1,039$762$551$394$294
28 years$1,333$979$708$504$355$262
29 years$1,273$924$659$463$321$233
30 years$1,217$873$614$425$290$208
31 years$1,165$825$572$390$262$185
32 years$1,117$781$534$358$237$165
33 years$1,071$739$498$330$215$148
34 years$1,028$701$466$303$194$132
35 years$988$665$435$279$176$118
36 years$950$631$407$257$159$105
37 years$914$599$381$237$144$94
38 years$880$569$357$218$131$84
39 years$848$541$334$201$119$75
40 years$818$515$313$186$108$67
41 years$789$490$294$171$98$60
42 years$761$467$276$158$89$54
43 years$735$445$259$146$80$48
44 years$711$424$243$135$73$43
45 years$687$404$228$124$66$38
46 years$664$386$214$115$60$34
47 years$643$368$201$106$55$31
48 years$622$351$189$98$50$27
49 years$603$336$178$91$45$25
50 years$584$321$167$84$41$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $598,000, adding $4,734 every year, while hoping to spend $39,470 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: 79/5/16 Blend
51$598,000$598,000$598,000$598,000
52$663,879$632,185$622,916$713,692
53$689,599$621,166$601,788$736,155
54$716,619$608,285$578,629$755,290
55$745,031$593,408$553,330$775,182
56$774,934$576,394$525,776$795,890
57$806,435$557,095$495,847$817,481
58$839,651$535,352$463,418$840,028
59$874,710$511,000$428,357$863,612
60$911,753$483,860$390,529$888,322
61$950,929$453,747$349,790$914,258
62$992,407$420,464$305,990$941,529
63$1,036,366$383,800$258,975$970,256
64$1,083,005$343,536$208,581$1,000,573
65$1,132,541$299,439$154,637$1,032,630
66$1,185,210$251,262$96,968$1,066,589
67$1,241,272$198,744$35,386$1,102,632
68$1,301,010$141,610$0$1,140,961
69$1,364,734$79,570$0$1,186,975
70$1,432,786$12,318$0$1,242,524
71$1,505,538$0$0$1,301,870
72$1,583,398$0$0$1,368,677
73$1,666,816$0$0$1,440,990
74$1,756,282$0$0$1,518,559
75$1,852,337$0$0$1,601,854
76$1,955,572$0$0$1,691,390
77$2,066,637$0$0$1,787,732
78$2,186,246$0$0$1,891,501
79$2,315,183$0$0$2,003,379
80$2,454,309$0$0$2,124,115
81$2,604,569$0$0$2,254,533
82$2,767,003$0$0$2,395,537
83$2,942,754$0$0$2,548,122
84$3,133,077$0$0$2,713,379
85$3,339,353$0$0$2,892,511
86$3,563,101$0$0$3,086,839
87$3,805,989$0$0$3,297,817
88$4,069,855$0$0$3,527,042
89$4,356,718$0$0$3,776,272
90$4,668,801$0$0$4,047,443
91$5,008,549$0$0$4,342,681
92$5,378,653$0$0$4,664,329
93$5,782,073$0$0$5,014,965
94$6,222,067$0$0$5,397,423
95$6,702,224$0$0$5,814,827
96$7,226,489$0$0$6,270,613
97$7,799,210$0$0$6,768,562
98$8,425,171$0$0$7,312,841
99$9,109,638$0$0$7,908,033
100$9,858,411$0$0$8,559,187