Can I retire at age 52 with 488,000?

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 $488,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$40,299$39,940$39,589$39,248$38,914$38,750
2 years$19,950$19,578$19,218$18,869$18,530$18,365
3 years$13,168$12,795$12,435$12,090$11,756$11,594
4 years$9,777$9,405$9,050$8,710$8,385$8,228
5 years$7,744$7,374$7,023$6,690$6,374$6,222
6 years$6,388$6,021$5,676$5,350$5,044$4,897
7 years$5,421$5,057$4,716$4,399$4,102$3,961
8 years$4,695$4,335$4,000$3,690$3,403$3,267
9 years$4,131$3,774$3,445$3,143$2,866$2,736
10 years$3,680$3,327$3,004$2,709$2,442$2,317
11 years$3,312$2,961$2,644$2,358$2,100$1,981
12 years$3,005$2,658$2,347$2,068$1,820$1,706
13 years$2,745$2,402$2,097$1,826$1,587$1,478
14 years$2,523$2,183$1,884$1,621$1,391$1,288
15 years$2,330$1,995$1,701$1,445$1,225$1,126
16 years$2,162$1,830$1,542$1,294$1,082$989
17 years$2,014$1,685$1,403$1,163$960$871
18 years$1,882$1,557$1,281$1,048$853$769
19 years$1,764$1,443$1,173$947$761$681
20 years$1,659$1,341$1,076$858$679$604
21 years$1,563$1,249$990$778$608$536
22 years$1,476$1,166$912$708$545$477
23 years$1,397$1,091$842$645$489$425
24 years$1,325$1,022$779$588$440$379
25 years$1,258$959$722$537$396$339
26 years$1,197$901$669$491$356$303
27 years$1,140$848$621$449$321$271
28 years$1,088$799$578$412$290$242
29 years$1,039$754$538$378$262$217
30 years$993$712$501$346$237$195
31 years$951$673$467$318$214$175
32 years$911$637$436$292$193$157
33 years$874$603$407$269$175$141
34 years$839$572$380$247$159$126
35 years$806$542$355$228$144$113
36 years$775$515$332$210$130$102
37 years$746$489$311$193$118$92
38 years$718$465$291$178$107$82
39 years$692$442$273$164$97$74
40 years$667$420$256$152$88$67
41 years$644$400$240$140$80$60
42 years$621$381$225$129$72$54
43 years$600$363$211$119$66$48
44 years$580$346$198$110$60$44
45 years$561$330$186$102$54$39
46 years$542$315$175$94$49$35
47 years$525$300$164$87$45$32
48 years$508$287$154$80$41$29
49 years$492$274$145$74$37$26
50 years$476$262$136$68$33$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $488,000, adding $6,097 every year, while hoping to spend $39,800 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: 57/38/5 Blend
51$488,000$488,000$488,000$488,000
52$544,065$518,201$510,637$574,208
53$557,213$501,246$485,397$578,219
54$570,368$482,126$457,976$577,548
55$583,488$460,694$428,262$575,819
56$596,528$436,792$396,133$572,933
57$609,434$410,254$361,463$568,784
58$622,146$380,907$324,122$563,260
59$634,597$348,563$283,972$556,235
60$646,712$313,028$240,871$547,579
61$658,404$274,095$194,668$537,146
62$669,580$231,544$145,208$524,782
63$680,132$185,145$92,327$510,321
64$689,942$134,653$35,856$493,580
65$698,876$79,811$0$474,365
66$706,785$20,346$0$453,766
67$713,506$0$0$432,380
68$718,852$0$0$426,465
69$722,620$0$0$428,042
70$724,581$0$0$428,459
71$724,482$0$0$427,556
72$722,042$0$0$425,157
73$716,948$0$0$421,063
74$708,855$0$0$415,057
75$697,377$0$0$406,896
76$682,090$0$0$396,312
77$662,520$0$0$383,007
78$638,147$0$0$366,653
79$608,392$0$0$346,886
80$572,614$0$0$323,301
81$530,104$0$0$295,453
82$480,080$0$0$262,849
83$421,674$0$0$224,943
84$353,929$0$0$181,131
85$275,785$0$0$130,748
86$186,071$0$0$73,057
87$83,495$0$0$7,245
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0