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%16.1%
1 years$40,381$40,021$39,671$39,328$38,994$38,020
2 years$19,991$19,618$19,258$18,908$18,568$17,594
3 years$13,195$12,821$12,461$12,114$11,781$10,835
4 years$9,797$9,425$9,068$8,728$8,402$7,493
5 years$7,760$7,389$7,037$6,704$6,387$5,518
6 years$6,401$6,034$5,687$5,361$5,054$4,224
7 years$5,432$5,067$4,726$4,408$4,110$3,321
8 years$4,705$4,343$4,008$3,697$3,410$2,660
9 years$4,140$3,782$3,452$3,149$2,872$2,161
10 years$3,688$3,333$3,010$2,715$2,447$1,774
11 years$3,318$2,968$2,650$2,363$2,104$1,469
12 years$3,011$2,664$2,352$2,072$1,823$1,225
13 years$2,751$2,407$2,101$1,830$1,590$1,026
14 years$2,528$2,188$1,888$1,624$1,394$864
15 years$2,335$1,999$1,704$1,448$1,227$730
16 years$2,166$1,834$1,545$1,297$1,085$618
17 years$2,018$1,689$1,406$1,165$962$525
18 years$1,886$1,561$1,284$1,050$855$447
19 years$1,768$1,446$1,175$949$762$381
20 years$1,662$1,344$1,078$859$681$326
21 years$1,566$1,252$992$780$609$278
22 years$1,479$1,169$914$709$546$238
23 years$1,400$1,093$844$646$490$204
24 years$1,327$1,024$781$589$441$175
25 years$1,261$961$723$538$396$150
26 years$1,199$903$671$492$357$129
27 years$1,143$850$623$450$322$111
28 years$1,090$801$579$413$291$95
29 years$1,041$756$539$378$262$82
30 years$995$714$502$347$237$70
31 years$953$675$468$319$214$60
32 years$913$638$436$293$194$52
33 years$876$604$408$269$175$45
34 years$841$573$381$248$159$38
35 years$808$543$356$228$144$33
36 years$777$516$333$210$130$29
37 years$747$490$312$194$118$25
38 years$720$466$292$179$107$21
39 years$693$443$273$165$97$18
40 years$669$421$256$152$88$16
41 years$645$401$240$140$80$13
42 years$623$382$225$129$73$12
43 years$601$364$212$119$66$10
44 years$581$347$199$110$60$9
45 years$562$331$186$102$54$7
46 years$543$315$175$94$49$6
47 years$526$301$165$87$45$5
48 years$509$287$155$80$41$5
49 years$493$274$145$74$37$4
50 years$477$262$137$69$34$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $489,000, adding $3,259 every year, while hoping to spend $24,235 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: 51/23/26 Blend
51$489,000$489,000$489,000$489,000
52$542,240$516,323$508,743$565,785
53$571,762$515,837$500,000$582,009
54$603,484$514,515$490,152$596,931
55$637,603$512,290$479,136$612,670
56$674,339$509,092$466,887$629,315
57$713,930$504,846$453,336$646,965
58$756,639$499,472$438,412$665,728
59$802,757$492,886$422,039$685,726
60$852,600$485,000$404,139$707,097
61$906,518$475,717$384,631$729,991
62$964,894$464,939$363,427$754,577
63$1,028,152$452,559$340,440$781,042
64$1,096,753$438,465$315,575$809,596
65$1,171,210$422,538$288,735$840,469
66$1,252,083$404,652$259,817$873,920
67$1,339,989$384,673$228,715$910,235
68$1,435,608$362,462$195,317$949,732
69$1,539,687$337,869$159,506$992,763
70$1,653,047$310,737$121,162$1,039,720
71$1,776,594$280,900$80,157$1,091,038
72$1,911,323$248,181$36,359$1,147,197
73$2,058,331$212,394$0$1,208,733
74$2,218,823$173,343$0$1,279,116
75$2,394,127$130,821$0$1,367,075
76$2,585,705$84,609$0$1,463,280
77$2,795,166$34,474$0$1,568,580
78$3,024,283$0$0$1,683,910
79$3,275,006$0$0$1,815,324
80$3,549,484$0$0$1,968,789
81$3,850,081$0$0$2,136,909
82$4,179,404$0$0$2,321,147
83$4,540,321$0$0$2,523,115
84$4,935,992$0$0$2,744,588
85$5,369,898$0$0$2,987,521
86$5,845,870$0$0$3,254,068
87$6,368,131$0$0$3,546,599
88$6,941,331$0$0$3,867,728
89$7,570,593$0$0$4,220,332
90$8,261,558$0$0$4,607,582
91$9,020,443$0$0$5,032,969
92$9,854,095$0$0$5,500,342
93$10,770,057$0$0$6,013,939
94$11,776,638$0$0$6,578,428
95$12,882,994$0$0$7,198,953
96$14,099,210$0$0$7,881,182
97$15,436,397$0$0$8,631,358
98$16,906,799$0$0$9,456,361
99$18,523,902$0$0$10,363,768
100$20,302,566$0$0$11,361,932