Can I retire at age 52 with 566,000?

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 $566,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$46,740$46,323$45,917$45,521$45,134$44,644
2 years$23,138$22,708$22,290$21,885$21,492$20,999
3 years$15,272$14,840$14,423$14,022$13,636$13,154
4 years$11,340$10,909$10,496$10,102$9,725$9,259
5 years$8,981$8,553$8,146$7,759$7,393$6,944
6 years$7,409$6,984$6,583$6,205$5,850$5,419
7 years$6,287$5,865$5,470$5,102$4,757$4,344
8 years$5,446$5,027$4,639$4,280$3,947$3,551
9 years$4,792$4,377$3,996$3,645$3,324$2,946
10 years$4,269$3,858$3,484$3,142$2,832$2,471
11 years$3,841$3,435$3,067$2,735$2,436$2,092
12 years$3,485$3,083$2,722$2,399$2,111$1,784
13 years$3,184$2,786$2,432$2,118$1,840$1,530
14 years$2,926$2,532$2,185$1,880$1,613$1,318
15 years$2,703$2,313$1,973$1,677$1,421$1,141
16 years$2,508$2,123$1,789$1,501$1,255$991
17 years$2,336$1,955$1,628$1,349$1,113$863
18 years$2,183$1,806$1,486$1,215$990$753
19 years$2,046$1,674$1,360$1,098$882$659
20 years$1,924$1,556$1,248$995$788$578
21 years$1,813$1,449$1,148$903$705$507
22 years$1,712$1,353$1,058$821$632$446
23 years$1,620$1,265$977$748$567$393
24 years$1,536$1,185$904$682$510$346
25 years$1,459$1,112$837$623$459$305
26 years$1,388$1,045$776$569$413$269
27 years$1,322$984$721$521$373$238
28 years$1,261$927$670$477$336$210
29 years$1,205$875$624$438$304$186
30 years$1,152$826$581$402$274$165
31 years$1,103$781$541$369$248$146
32 years$1,057$739$505$339$224$129
33 years$1,014$700$472$312$203$114
34 years$973$663$441$287$184$101
35 years$935$629$412$264$167$90
36 years$899$597$385$243$151$80
37 years$865$567$361$224$137$71
38 years$833$539$338$207$124$63
39 years$803$512$317$191$112$56
40 years$774$487$297$176$102$49
41 years$747$464$278$162$93$44
42 years$721$442$261$150$84$39
43 years$696$421$245$138$76$34
44 years$672$401$230$128$69$31
45 years$650$383$216$118$63$27
46 years$629$365$203$109$57$24
47 years$608$348$190$101$52$21
48 years$589$333$179$93$47$19
49 years$570$318$168$86$43$17
50 years$553$303$158$79$39$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $566,000, adding $5,864 every year, while hoping to spend $30,804 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: 55/29/16 Blend
51$566,000$566,000$566,000$566,000
52$629,781$599,783$591,010$661,442
53$661,243$596,397$578,033$680,273
54$694,882$591,813$563,590$696,957
55$730,888$585,939$547,597$714,429
56$769,467$578,679$529,971$732,772
57$810,849$569,930$510,621$752,078
58$855,282$559,584$489,454$772,450
59$903,043$547,525$466,372$794,003
60$954,431$533,631$441,273$816,867
61$1,009,778$517,774$414,051$841,185
62$1,069,447$499,817$384,594$867,116
63$1,133,838$479,615$352,785$894,841
64$1,203,389$457,016$318,502$924,559
65$1,278,582$431,857$281,619$956,490
66$1,359,946$403,967$242,003$990,884
67$1,448,065$373,166$199,514$1,028,013
68$1,543,578$339,261$154,008$1,068,185
69$1,647,189$302,051$105,334$1,111,740
70$1,759,673$261,323$53,333$1,159,056
71$1,881,882$216,849$0$1,210,553
72$2,014,751$168,392$0$1,267,068
73$2,159,311$115,699$0$1,338,489
74$2,316,697$58,505$0$1,416,310
75$2,488,157$0$0$1,501,200
76$2,675,062$0$0$1,595,009
77$2,878,925$0$0$1,717,740
78$3,101,409$0$0$1,851,732
79$3,344,344$0$0$1,998,092
80$3,609,747$0$0$2,158,041
81$3,899,835$0$0$2,332,924
82$4,217,052$0$0$2,524,220
83$4,564,087$0$0$2,733,559
84$4,943,902$0$0$2,962,733
85$5,359,758$0$0$3,213,720
86$5,815,246$0$0$3,488,694
87$6,314,321$0$0$3,790,051
88$6,861,337$0$0$4,120,431
89$7,461,093$0$0$4,482,739
90$8,118,870$0$0$4,880,175
91$8,840,488$0$0$5,316,267
92$9,632,357$0$0$5,794,897
93$10,501,535$0$0$6,320,343
94$11,455,800$0$0$6,897,317
95$12,503,717$0$0$7,531,009
96$13,654,725$0$0$8,227,138
97$14,919,217$0$0$8,992,004
98$16,308,646$0$0$9,832,545
99$17,835,629$0$0$10,756,407
100$19,514,064$0$0$11,772,013