Can I retire at age 52 with 598,000?

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 $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%19.2%
1 years$49,382$48,942$48,513$48,094$47,685$45,920
2 years$24,447$23,991$23,550$23,122$22,707$20,949
3 years$16,136$15,679$15,238$14,815$14,406$12,710
4 years$11,981$11,525$11,090$10,673$10,275$8,654
5 years$9,489$9,036$8,606$8,198$7,811$6,269
6 years$7,828$7,379$6,955$6,556$6,180$4,719
7 years$6,643$6,197$5,780$5,390$5,026$3,644
8 years$5,754$5,312$4,902$4,522$4,170$2,867
9 years$5,062$4,625$4,222$3,851$3,512$2,285
10 years$4,510$4,076$3,681$3,320$2,992$1,840
11 years$4,058$3,629$3,240$2,889$2,573$1,494
12 years$3,682$3,257$2,876$2,534$2,230$1,220
13 years$3,364$2,944$2,569$2,237$1,945$1,001
14 years$3,091$2,676$2,308$1,986$1,705$825
15 years$2,856$2,444$2,084$1,771$1,501$682
16 years$2,649$2,243$1,890$1,586$1,326$565
17 years$2,468$2,065$1,720$1,425$1,176$469
18 years$2,306$1,908$1,570$1,284$1,046$390
19 years$2,162$1,769$1,437$1,160$932$325
20 years$2,032$1,644$1,319$1,051$833$271
21 years$1,915$1,531$1,213$954$745$226
22 years$1,809$1,429$1,118$867$668$189
23 years$1,712$1,337$1,032$790$599$158
24 years$1,623$1,252$955$720$539$132
25 years$1,542$1,175$884$658$485$111
26 years$1,467$1,105$820$602$437$93
27 years$1,397$1,039$762$551$394$78
28 years$1,333$979$708$504$355$65
29 years$1,273$924$659$463$321$54
30 years$1,217$873$614$425$290$46
31 years$1,165$825$572$390$262$38
32 years$1,117$781$534$358$237$32
33 years$1,071$739$498$330$215$27
34 years$1,028$701$466$303$194$23
35 years$988$665$435$279$176$19
36 years$950$631$407$257$159$16
37 years$914$599$381$237$144$13
38 years$880$569$357$218$131$11
39 years$848$541$334$201$119$9
40 years$818$515$313$186$108$8
41 years$789$490$294$171$98$7
42 years$761$467$276$158$89$6
43 years$735$445$259$146$80$5
44 years$711$424$243$135$73$4
45 years$687$404$228$124$66$3
46 years$664$386$214$115$60$3
47 years$643$368$201$106$55$2
48 years$622$351$189$98$50$2
49 years$603$336$178$91$45$2
50 years$584$321$167$84$41$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $598,000, adding $4,325 every year, while hoping to spend $28,504 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: 59/17/24 Blend
51$598,000$598,000$598,000$598,000
52$663,457$631,763$622,494$698,091
53$700,802$632,392$613,020$722,797
54$741,000$632,095$602,273$746,288
55$784,313$630,799$590,180$771,294
56$831,028$628,423$576,666$797,969
57$881,459$624,882$561,650$826,482
58$935,953$620,086$545,050$857,023
59$994,889$613,940$526,779$889,800
60$1,058,686$606,341$506,744$925,043
61$1,127,804$597,183$484,851$963,009
62$1,202,747$586,352$461,001$1,003,982
63$1,284,071$573,728$435,089$1,048,276
64$1,372,388$559,182$407,006$1,096,237
65$1,468,369$542,580$376,638$1,148,252
66$1,572,755$523,778$343,867$1,204,746
67$1,686,358$502,625$308,569$1,266,190
68$1,810,073$478,960$270,613$1,333,106
69$1,944,887$452,615$229,864$1,406,070
70$2,091,882$423,410$186,182$1,485,721
71$2,252,252$391,156$139,417$1,572,762
72$2,427,311$355,651$89,416$1,667,976
73$2,618,503$316,684$36,018$1,772,223
74$2,827,420$274,032$0$1,886,458
75$3,055,815$227,457$0$2,017,102
76$3,305,616$176,710$0$2,170,144
77$3,578,947$121,527$0$2,337,683
78$3,878,146$61,629$0$2,521,190
79$4,205,790$0$0$2,722,287
80$4,564,713$0$0$2,943,375
81$4,958,040$0$0$3,198,336
82$5,389,209$0$0$3,477,877
83$5,862,010$0$0$3,784,461
84$6,380,613$0$0$4,120,799
85$6,949,616$0$0$4,489,879
86$7,574,079$0$0$4,894,991
87$8,259,579$0$0$5,339,760
88$9,012,258$0$0$5,828,177
89$9,838,882$0$0$6,364,642
90$10,746,903$0$0$6,953,998
91$11,744,533$0$0$7,601,584
92$12,840,817$0$0$8,313,280
93$14,045,720$0$0$9,095,564
94$15,370,219$0$0$9,955,571
95$16,826,410$0$0$10,901,166
96$18,427,618$0$0$11,941,010
97$20,188,525$0$0$13,084,647
98$22,125,304$0$0$14,342,594
99$24,255,777$0$0$15,726,436
100$26,599,580$0$0$17,248,939