Can I retire at age 52 with 489,000?

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 $489,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$40,381$40,021$39,671$39,328$38,994$37,852
2 years$19,991$19,618$19,258$18,908$18,568$17,427
3 years$13,195$12,821$12,461$12,114$11,781$10,676
4 years$9,797$9,425$9,068$8,728$8,402$7,342
5 years$7,760$7,389$7,037$6,704$6,387$5,375
6 years$6,401$6,034$5,687$5,361$5,054$4,091
7 years$5,432$5,067$4,726$4,408$4,110$3,196
8 years$4,705$4,343$4,008$3,697$3,410$2,543
9 years$4,140$3,782$3,452$3,149$2,872$2,052
10 years$3,688$3,333$3,010$2,715$2,447$1,674
11 years$3,318$2,968$2,650$2,363$2,104$1,376
12 years$3,011$2,664$2,352$2,072$1,823$1,139
13 years$2,751$2,407$2,101$1,830$1,590$947
14 years$2,528$2,188$1,888$1,624$1,394$792
15 years$2,335$1,999$1,704$1,448$1,227$664
16 years$2,166$1,834$1,545$1,297$1,085$558
17 years$2,018$1,689$1,406$1,165$962$470
18 years$1,886$1,561$1,284$1,050$855$397
19 years$1,768$1,446$1,175$949$762$336
20 years$1,662$1,344$1,078$859$681$284
21 years$1,566$1,252$992$780$609$241
22 years$1,479$1,169$914$709$546$204
23 years$1,400$1,093$844$646$490$174
24 years$1,327$1,024$781$589$441$148
25 years$1,261$961$723$538$396$126
26 years$1,199$903$671$492$357$107
27 years$1,143$850$623$450$322$91
28 years$1,090$801$579$413$291$77
29 years$1,041$756$539$378$262$66
30 years$995$714$502$347$237$56
31 years$953$675$468$319$214$48
32 years$913$638$436$293$194$41
33 years$876$604$408$269$175$35
34 years$841$573$381$248$159$30
35 years$808$543$356$228$144$25
36 years$777$516$333$210$130$22
37 years$747$490$312$194$118$18
38 years$720$466$292$179$107$16
39 years$693$443$273$165$97$13
40 years$669$421$256$152$88$11
41 years$645$401$240$140$80$10
42 years$623$382$225$129$73$8
43 years$601$364$212$119$66$7
44 years$581$347$199$110$60$6
45 years$562$331$186$102$54$5
46 years$543$315$175$94$49$4
47 years$526$301$165$87$45$4
48 years$509$287$155$80$41$3
49 years$493$274$145$74$37$3
50 years$477$262$137$69$34$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $489,000, adding $4,410 every year, while hoping to spend $37,709 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: 86/8/6 Blend
51$489,000$489,000$489,000$489,000
52$543,427$517,510$509,930$589,641
53$558,734$502,746$486,891$605,664
54$574,339$485,994$461,816$617,611
55$590,232$467,119$434,597$629,523
56$606,402$445,973$405,122$641,371
57$622,833$422,404$373,272$653,120
58$639,510$396,250$338,925$664,734
59$656,412$367,338$301,950$676,172
60$673,516$335,488$262,215$687,387
61$690,794$300,506$219,579$698,329
62$708,215$262,190$173,895$708,943
63$725,741$220,326$125,009$719,165
64$743,332$174,688$72,762$728,928
65$760,940$125,035$16,987$738,156
66$778,510$71,116$0$746,766
67$795,981$12,663$0$757,389
68$813,282$0$0$768,539
69$830,336$0$0$783,481
70$847,054$0$0$799,216
71$863,335$0$0$814,534
72$879,069$0$0$829,330
73$894,129$0$0$843,483
74$908,375$0$0$856,862
75$921,650$0$0$869,316
76$933,778$0$0$880,680
77$944,565$0$0$890,768
78$953,791$0$0$899,372
79$961,214$0$0$906,264
80$966,564$0$0$911,186
81$969,540$0$0$913,853
82$969,807$0$0$913,949
83$966,994$0$0$911,121
84$960,690$0$0$904,979
85$950,438$0$0$895,090
86$935,730$0$0$880,973
87$916,005$0$0$862,095
88$890,640$0$0$837,867
89$858,946$0$0$807,634
90$820,159$0$0$770,673
91$773,435$0$0$726,183
92$717,837$0$0$673,278
93$652,332$0$0$610,976
94$575,776$0$0$538,193
95$486,903$0$0$453,731
96$384,316$0$0$356,265
97$266,469$0$0$244,328
98$131,655$0$0$116,303
99$0$0$0$0
100$0$0$0$0