Can I retire at age 52 with 596,000?

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 $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%16.7%
1 years$49,217$48,779$48,351$47,934$47,526$46,227
2 years$24,365$23,911$23,471$23,045$22,631$21,332
3 years$16,082$15,626$15,188$14,765$14,358$13,100
4 years$11,941$11,487$11,053$10,637$10,240$9,032
5 years$9,457$9,006$8,577$8,171$7,785$6,629
6 years$7,802$7,354$6,932$6,534$6,160$5,059
7 years$6,620$6,176$5,760$5,372$5,009$3,963
8 years$5,734$5,294$4,885$4,506$4,156$3,164
9 years$5,046$4,609$4,208$3,839$3,500$2,561
10 years$4,495$4,063$3,668$3,309$2,982$2,095
11 years$4,045$3,617$3,230$2,880$2,565$1,728
12 years$3,670$3,246$2,866$2,526$2,222$1,435
13 years$3,353$2,934$2,561$2,230$1,938$1,198
14 years$3,081$2,667$2,301$1,980$1,699$1,004
15 years$2,846$2,436$2,077$1,765$1,496$845
16 years$2,641$2,235$1,883$1,581$1,322$713
17 years$2,459$2,058$1,714$1,420$1,172$603
18 years$2,299$1,902$1,564$1,280$1,042$511
19 years$2,155$1,763$1,432$1,157$929$434
20 years$2,026$1,638$1,314$1,047$830$369
21 years$1,909$1,526$1,209$951$743$314
22 years$1,803$1,424$1,114$864$666$267
23 years$1,706$1,332$1,029$787$597$228
24 years$1,618$1,248$951$718$537$194
25 years$1,537$1,171$881$656$483$166
26 years$1,462$1,101$817$600$435$142
27 years$1,393$1,036$759$549$392$121
28 years$1,328$976$706$503$354$104
29 years$1,269$921$657$461$320$89
30 years$1,213$870$612$423$289$76
31 years$1,161$822$570$389$261$65
32 years$1,113$778$532$357$236$56
33 years$1,067$737$497$328$214$48
34 years$1,025$698$464$302$194$41
35 years$984$662$434$278$175$35
36 years$947$629$406$256$159$30
37 years$911$597$380$236$144$26
38 years$877$567$356$218$131$22
39 years$845$540$333$201$118$19
40 years$815$513$312$185$107$16
41 years$786$489$293$171$97$14
42 years$759$465$275$158$88$12
43 years$733$443$258$145$80$10
44 years$708$423$242$134$73$9
45 years$685$403$227$124$66$7
46 years$662$384$213$115$60$6
47 years$641$367$201$106$55$5
48 years$620$350$188$98$49$5
49 years$601$334$177$90$45$4
50 years$582$320$167$84$41$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $596,000, adding $4,122 every year, while hoping to spend $21,147 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: 54/26/20 Blend
51$596,000$596,000$596,000$596,000
52$661,044$629,456$620,218$692,934
53$705,970$637,799$618,495$723,582
54$754,770$645,842$616,005$754,353
55$807,816$653,548$612,702$787,394
56$865,520$660,878$608,533$822,925
57$928,330$667,789$603,447$861,194
58$996,746$674,236$597,388$902,473
59$1,071,312$680,172$590,298$947,060
60$1,152,630$685,544$582,117$995,289
61$1,241,362$690,299$572,782$1,047,525
62$1,338,236$694,379$562,225$1,104,171
63$1,444,054$697,722$550,378$1,165,674
64$1,559,699$700,262$537,168$1,232,526
65$1,686,144$701,930$522,518$1,305,272
66$1,824,457$702,651$506,349$1,384,510
67$1,975,817$702,347$488,577$1,470,905
68$2,141,522$700,934$469,116$1,565,186
69$2,323,001$698,323$447,875$1,668,162
70$2,521,826$694,420$424,757$1,780,722
71$2,739,730$689,124$399,665$1,903,852
72$2,978,622$682,331$372,493$2,038,635
73$3,240,604$673,927$343,134$2,186,269
74$3,527,989$663,794$311,473$2,348,076
75$3,843,329$651,804$277,392$2,525,515
76$4,189,431$637,825$240,767$2,720,195
77$4,569,389$621,714$201,468$2,933,891
78$4,986,610$603,322$159,362$3,168,563
79$5,444,850$582,490$114,305$3,426,372
80$5,948,242$559,050$66,152$3,709,702
81$6,501,343$532,823$14,748$4,021,185
82$7,109,171$503,623$0$4,363,723
83$7,777,255$471,249$0$4,749,076
84$8,511,687$435,492$0$5,176,132
85$9,319,177$396,129$0$5,645,673
86$10,207,119$352,925$0$6,162,033
87$11,183,659$305,632$0$6,729,993
88$12,257,771$253,988$0$7,354,821
89$13,439,344$197,713$0$8,042,326
90$14,739,273$136,517$0$8,798,911
91$16,169,562$70,090$0$9,631,635
92$17,743,437$0$0$10,548,279
93$19,475,472$0$0$11,557,963
94$21,381,724$0$0$12,691,343
95$23,479,885$0$0$13,938,893
96$25,789,452$0$0$15,312,214
97$28,331,905$0$0$16,824,088
98$31,130,914$0$0$18,488,599
99$34,212,560$0$0$20,321,267
100$37,605,583$0$0$22,339,191