Can I retire at age 52 with 599,000?

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 $599,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$49,465$49,024$48,594$48,175$47,765$47,404
2 years$24,488$24,031$23,590$23,161$22,745$22,382
3 years$16,163$15,705$15,264$14,839$14,431$14,075
4 years$12,001$11,545$11,108$10,691$10,292$9,948
5 years$9,505$9,051$8,620$8,212$7,824$7,492
6 years$7,841$7,391$6,967$6,567$6,191$5,871
7 years$6,654$6,207$5,789$5,399$5,035$4,728
8 years$5,763$5,320$4,910$4,529$4,177$3,882
9 years$5,071$4,632$4,229$3,858$3,517$3,236
10 years$4,517$4,083$3,687$3,325$2,997$2,728
11 years$4,065$3,635$3,246$2,894$2,578$2,320
12 years$3,688$3,263$2,881$2,539$2,234$1,988
13 years$3,369$2,949$2,574$2,241$1,948$1,714
14 years$3,097$2,680$2,312$1,989$1,707$1,485
15 years$2,860$2,448$2,088$1,774$1,503$1,292
16 years$2,654$2,246$1,893$1,589$1,329$1,128
17 years$2,472$2,069$1,722$1,427$1,178$988
18 years$2,310$1,912$1,572$1,286$1,047$868
19 years$2,166$1,772$1,439$1,162$934$764
20 years$2,036$1,646$1,321$1,053$834$673
21 years$1,918$1,533$1,215$955$746$595
22 years$1,812$1,431$1,120$869$669$526
23 years$1,715$1,339$1,034$791$600$466
24 years$1,626$1,254$956$722$540$413
25 years$1,544$1,177$886$659$486$367
26 years$1,469$1,106$821$603$437$326
27 years$1,400$1,041$763$552$394$290
28 years$1,335$981$709$505$356$258
29 years$1,275$926$660$463$321$229
30 years$1,219$874$615$425$290$204
31 years$1,167$826$573$391$263$182
32 years$1,118$782$535$359$237$162
33 years$1,073$740$499$330$215$145
34 years$1,030$702$466$304$195$129
35 years$989$666$436$280$176$115
36 years$951$632$408$257$160$103
37 years$915$600$382$237$145$92
38 years$881$570$358$219$131$82
39 years$849$542$335$202$119$73
40 years$819$516$314$186$108$65
41 years$790$491$294$172$98$58
42 years$763$468$276$158$89$52
43 years$737$446$259$146$81$47
44 years$712$425$243$135$73$42
45 years$688$405$228$125$66$37
46 years$665$386$215$115$60$33
47 years$644$369$202$106$55$30
48 years$623$352$189$98$50$27
49 years$604$336$178$91$45$24
50 years$585$321$167$84$41$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $599,000, adding $2,195 every year, while hoping to spend $35,107 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: 69/22/9 Blend
51$599,000$599,000$599,000$599,000
52$662,362$630,615$621,331$706,783
53$692,570$624,162$604,792$730,059
54$724,681$616,215$586,522$751,042
55$758,855$606,666$566,427$773,056
56$795,262$595,397$544,406$796,196
57$834,092$582,284$520,356$820,567
58$875,550$567,197$494,169$846,285
59$919,863$549,996$465,730$873,481
60$967,278$530,535$434,922$902,297
61$1,018,068$508,659$401,619$932,893
62$1,072,531$484,203$365,693$965,447
63$1,130,993$456,993$327,008$1,000,153
64$1,193,814$426,845$285,422$1,037,230
65$1,261,387$393,565$240,788$1,076,919
66$1,334,146$356,947$192,952$1,119,487
67$1,412,565$316,774$141,752$1,165,230
68$1,497,167$272,816$87,021$1,214,477
69$1,588,524$224,830$28,583$1,267,592
70$1,687,268$172,561$0$1,324,976
71$1,794,089$115,737$0$1,390,322
72$1,909,750$54,072$0$1,464,019
73$2,035,088$0$0$1,543,887
74$2,171,022$0$0$1,633,634
75$2,318,564$0$0$1,745,281
76$2,478,828$0$0$1,866,585
77$2,653,037$0$0$1,998,475
78$2,842,539$0$0$2,141,975
79$3,048,815$0$0$2,298,211
80$3,273,496$0$0$2,468,422
81$3,518,377$0$0$2,653,973
82$3,785,430$0$0$2,856,364
83$4,076,831$0$0$3,077,246
84$4,394,972$0$0$3,318,439
85$4,742,485$0$0$3,581,943
86$5,122,270$0$0$3,869,964
87$5,537,520$0$0$4,184,926
88$5,991,746$0$0$4,529,502
89$6,488,821$0$0$4,906,633
90$7,033,003$0$0$5,319,557
91$7,628,985$0$0$5,771,841
92$8,281,933$0$0$6,267,414
93$8,997,538$0$0$6,810,601
94$9,782,067$0$0$7,406,165
95$10,642,421$0$0$8,059,356
96$11,586,202$0$0$8,775,951
97$12,621,784$0$0$9,562,317
98$13,758,390$0$0$10,425,466
99$15,006,179$0$0$11,373,121
100$16,376,342$0$0$12,413,792