Can I retire at age 52 with 488,000?

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 $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%12.9%
1 years$40,299$39,940$39,589$39,248$38,914$38,443
2 years$19,950$19,578$19,218$18,869$18,530$18,057
3 years$13,168$12,795$12,435$12,090$11,756$11,295
4 years$9,777$9,405$9,050$8,710$8,385$7,938
5 years$7,744$7,374$7,023$6,690$6,374$5,944
6 years$6,388$6,021$5,676$5,350$5,044$4,631
7 years$5,421$5,057$4,716$4,399$4,102$3,706
8 years$4,695$4,335$4,000$3,690$3,403$3,024
9 years$4,131$3,774$3,445$3,143$2,866$2,504
10 years$3,680$3,327$3,004$2,709$2,442$2,097
11 years$3,312$2,961$2,644$2,358$2,100$1,772
12 years$3,005$2,658$2,347$2,068$1,820$1,508
13 years$2,745$2,402$2,097$1,826$1,587$1,291
14 years$2,523$2,183$1,884$1,621$1,391$1,110
15 years$2,330$1,995$1,701$1,445$1,225$959
16 years$2,162$1,830$1,542$1,294$1,082$831
17 years$2,014$1,685$1,403$1,163$960$722
18 years$1,882$1,557$1,281$1,048$853$629
19 years$1,764$1,443$1,173$947$761$549
20 years$1,659$1,341$1,076$858$679$481
21 years$1,563$1,249$990$778$608$421
22 years$1,476$1,166$912$708$545$369
23 years$1,397$1,091$842$645$489$324
24 years$1,325$1,022$779$588$440$285
25 years$1,258$959$722$537$396$251
26 years$1,197$901$669$491$356$221
27 years$1,140$848$621$449$321$195
28 years$1,088$799$578$412$290$172
29 years$1,039$754$538$378$262$151
30 years$993$712$501$346$237$134
31 years$951$673$467$318$214$118
32 years$911$637$436$292$193$104
33 years$874$603$407$269$175$92
34 years$839$572$380$247$159$81
35 years$806$542$355$228$144$72
36 years$775$515$332$210$130$64
37 years$746$489$311$193$118$56
38 years$718$465$291$178$107$50
39 years$692$442$273$164$97$44
40 years$667$420$256$152$88$39
41 years$644$400$240$140$80$35
42 years$621$381$225$129$72$31
43 years$600$363$211$119$66$27
44 years$580$346$198$110$60$24
45 years$561$330$186$102$54$21
46 years$542$315$175$94$49$19
47 years$525$300$164$87$45$17
48 years$508$287$154$80$41$15
49 years$492$274$145$74$37$13
50 years$476$262$136$68$33$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $488,000, adding $5,305 every year, while hoping to spend $36,067 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: 47/32/21 Blend
51$488,000$488,000$488,000$488,000
52$543,248$517,384$509,820$565,308
53$560,284$504,361$488,524$568,236
54$577,850$489,491$465,306$567,388
55$595,960$472,645$440,063$565,723
56$614,631$453,688$412,688$563,179
57$633,879$432,475$383,070$559,694
58$653,723$408,854$351,090$555,199
59$674,179$382,664$316,628$549,622
60$695,266$353,735$279,556$542,890
61$717,001$321,887$239,739$534,921
62$739,405$286,929$197,040$525,632
63$762,495$248,659$151,312$514,934
64$786,292$206,866$102,403$502,732
65$810,817$161,325$50,157$488,928
66$836,089$111,799$0$473,416
67$862,129$58,037$0$457,342
68$888,960$0$0$451,407
69$916,603$0$0$444,360
70$945,080$0$0$458,153
71$974,413$0$0$472,358
72$1,004,626$0$0$486,988
73$1,035,741$0$0$502,054
74$1,067,782$0$0$517,566
75$1,100,774$0$0$533,535
76$1,134,738$0$0$549,974
77$1,169,700$0$0$566,893
78$1,205,684$0$0$584,304
79$1,242,713$0$0$602,218
80$1,280,812$0$0$620,645
81$1,320,004$0$0$639,598
82$1,360,313$0$0$659,087
83$1,401,762$0$0$679,123
84$1,444,374$0$0$699,716
85$1,488,171$0$0$720,876
86$1,533,174$0$0$742,613
87$1,579,403$0$0$764,935
88$1,626,878$0$0$787,851
89$1,675,616$0$0$811,369
90$1,725,633$0$0$835,495
91$1,776,944$0$0$860,236
92$1,829,560$0$0$885,594
93$1,883,492$0$0$911,574
94$1,938,744$0$0$938,177
95$1,995,322$0$0$965,402
96$2,053,223$0$0$993,248
97$2,112,443$0$0$1,021,709
98$2,172,973$0$0$1,050,779
99$2,234,795$0$0$1,080,447
100$2,297,889$0$0$1,110,699