Can I retire at age 52 with 591,000?

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 $591,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$48,804$48,370$47,945$47,531$47,127$46,157
2 years$24,161$23,711$23,274$22,852$22,442$21,468
3 years$15,947$15,495$15,060$14,641$14,238$13,292
4 years$11,841$11,391$10,960$10,548$10,155$9,244
5 years$9,378$8,930$8,505$8,102$7,719$6,846
6 years$7,737$7,292$6,874$6,479$6,108$5,273
7 years$6,565$6,124$5,712$5,327$4,967$4,171
8 years$5,686$5,249$4,844$4,469$4,121$3,363
9 years$5,003$4,571$4,172$3,806$3,470$2,750
10 years$4,457$4,029$3,638$3,281$2,957$2,273
11 years$4,011$3,587$3,202$2,856$2,543$1,896
12 years$3,639$3,219$2,842$2,505$2,204$1,592
13 years$3,324$2,909$2,539$2,211$1,922$1,344
14 years$3,055$2,644$2,281$1,963$1,685$1,140
15 years$2,822$2,416$2,060$1,751$1,483$970
16 years$2,618$2,216$1,868$1,567$1,311$828
17 years$2,439$2,041$1,699$1,408$1,162$709
18 years$2,279$1,886$1,551$1,269$1,034$609
19 years$2,137$1,748$1,420$1,147$921$523
20 years$2,009$1,624$1,303$1,039$823$451
21 years$1,893$1,513$1,199$943$736$388
22 years$1,788$1,412$1,105$857$660$335
23 years$1,692$1,321$1,020$781$592$290
24 years$1,604$1,238$944$712$533$251
25 years$1,524$1,161$874$650$479$217
26 years$1,449$1,092$810$594$432$188
27 years$1,381$1,027$753$544$389$163
28 years$1,317$968$700$499$351$141
29 years$1,258$913$651$457$317$122
30 years$1,203$862$606$420$286$106
31 years$1,152$815$565$385$259$92
32 years$1,103$771$528$354$234$80
33 years$1,058$731$493$326$212$69
34 years$1,016$692$460$300$192$60
35 years$976$657$430$276$174$52
36 years$939$623$402$254$158$46
37 years$903$592$377$234$143$40
38 years$870$563$353$216$129$34
39 years$838$535$331$199$117$30
40 years$808$509$310$183$106$26
41 years$779$485$290$169$97$23
42 years$752$461$272$156$88$20
43 years$727$440$256$144$80$17
44 years$702$419$240$133$72$15
45 years$679$400$225$123$66$13
46 years$657$381$212$114$60$11
47 years$635$364$199$105$54$10
48 years$615$347$187$97$49$8
49 years$596$332$176$90$45$7
50 years$577$317$165$83$40$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $591,000, adding $2,836 every year, while hoping to spend $38,946 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: 53/18/29 Blend
51$591,000$591,000$591,000$591,000
52$654,207$622,884$613,724$683,439
53$679,498$611,967$592,845$693,112
54$706,064$599,210$569,962$699,456
55$733,992$584,482$544,966$705,592
56$763,380$567,642$517,743$711,519
57$794,334$548,546$488,176$717,234
58$826,967$527,035$456,141$722,738
59$861,404$502,947$421,509$728,034
60$897,782$476,105$384,144$733,128
61$936,248$446,327$343,905$738,029
62$976,965$413,417$300,645$742,752
63$1,020,109$377,168$254,211$747,315
64$1,065,875$337,364$204,441$751,741
65$1,114,472$293,773$151,168$756,061
66$1,166,133$246,152$94,217$760,310
67$1,221,109$194,244$33,404$764,534
68$1,279,678$137,778$0$768,785
69$1,342,143$76,466$0$782,872
70$1,408,834$10,007$0$808,788
71$1,480,117$0$0$836,338
72$1,556,390$0$0$877,955
73$1,638,089$0$0$924,693
74$1,725,695$0$0$974,851
75$1,819,733$0$0$1,028,733
76$1,920,780$0$0$1,086,677
77$2,029,470$0$0$1,149,050
78$2,146,499$0$0$1,216,259
79$2,272,631$0$0$1,288,749
80$2,408,704$0$0$1,367,008
81$2,555,641$0$0$1,451,573
82$2,714,455$0$0$1,543,037
83$2,886,260$0$0$1,642,046
84$3,072,279$0$0$1,749,316
85$3,273,857$0$0$1,865,630
86$3,492,476$0$0$1,991,851
87$3,729,761$0$0$2,128,929
88$3,987,502$0$0$2,277,907
89$4,267,668$0$0$2,439,933
90$4,572,425$0$0$2,616,271
91$4,904,154$0$0$2,808,311
92$5,265,478$0$0$3,017,581
93$5,659,282$0$0$3,245,766
94$6,088,740$0$0$3,494,719
95$6,557,348$0$0$3,766,477
96$7,068,952$0$0$4,063,287
97$7,627,786$0$0$4,387,620
98$8,238,513$0$0$4,742,196
99$8,906,263$0$0$5,130,010
100$9,636,687$0$0$5,554,360