Can I retire at age 52 with 987,000?

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 $987,000?

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$81,506$80,780$80,071$79,380$78,705$75,792
2 years$40,349$39,598$38,870$38,163$37,478$34,577
3 years$26,632$25,878$25,151$24,452$23,778$20,978
4 years$19,775$19,023$18,304$17,616$16,959$14,283
5 years$15,662$14,914$14,204$13,531$12,892$10,346
6 years$12,921$12,178$11,479$10,821$10,201$7,788
7 years$10,963$10,227$9,539$8,896$8,296$6,015
8 years$9,496$8,767$8,090$7,463$6,882$4,731
9 years$8,356$7,633$6,968$6,357$5,796$3,772
10 years$7,444$6,728$6,075$5,480$4,938$3,037
11 years$6,698$5,990$5,348$4,769$4,247$2,465
12 years$6,077$5,376$4,746$4,183$3,680$2,013
13 years$5,552$4,858$4,241$3,693$3,209$1,652
14 years$5,102$4,416$3,810$3,278$2,813$1,361
15 years$4,713$4,034$3,440$2,924$2,477$1,125
16 years$4,373$3,701$3,119$2,618$2,189$932
17 years$4,073$3,409$2,838$2,352$1,941$774
18 years$3,806$3,150$2,591$2,120$1,726$644
19 years$3,568$2,919$2,372$1,915$1,538$536
20 years$3,355$2,713$2,177$1,735$1,374$447
21 years$3,161$2,527$2,002$1,574$1,230$373
22 years$2,986$2,359$1,845$1,431$1,102$312
23 years$2,826$2,206$1,704$1,304$989$261
24 years$2,679$2,067$1,576$1,189$889$218
25 years$2,545$1,940$1,459$1,086$800$183
26 years$2,421$1,823$1,354$993$721$153
27 years$2,306$1,716$1,257$909$650$128
28 years$2,200$1,617$1,168$833$586$107
29 years$2,101$1,525$1,087$764$530$90
30 years$2,009$1,440$1,013$701$478$75
31 years$1,923$1,362$944$644$433$63
32 years$1,843$1,288$881$591$391$53
33 years$1,768$1,220$823$544$354$44
34 years$1,697$1,156$769$500$321$37
35 years$1,630$1,097$719$461$290$31
36 years$1,568$1,041$672$424$263$26
37 years$1,508$989$629$391$238$22
38 years$1,452$940$589$360$216$18
39 years$1,400$893$552$332$196$15
40 years$1,349$850$517$306$178$13
41 years$1,302$809$485$283$161$11
42 years$1,257$771$455$261$146$9
43 years$1,214$734$427$241$133$8
44 years$1,173$700$401$222$121$6
45 years$1,134$667$376$205$109$5
46 years$1,097$637$354$190$99$5
47 years$1,061$608$332$175$90$4
48 years$1,027$580$312$162$82$3
49 years$995$554$293$150$74$3
50 years$964$529$276$138$68$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $987,000, adding $2,591 every year, while hoping to spend $20,026 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: 38/34/28 Blend
51$987,000$987,000$987,000$987,000
52$1,090,347$1,038,036$1,022,737$1,122,606
53$1,180,254$1,067,592$1,035,691$1,176,100
54$1,278,662$1,097,925$1,048,408$1,231,851
55$1,386,414$1,129,052$1,060,859$1,291,723
56$1,504,443$1,160,991$1,073,013$1,356,103
57$1,633,775$1,193,758$1,084,837$1,425,418
58$1,775,538$1,227,370$1,096,297$1,500,137
59$1,930,978$1,261,846$1,107,358$1,580,776
60$2,101,463$1,297,202$1,117,980$1,667,906
61$2,288,505$1,333,458$1,128,125$1,762,152
62$2,493,764$1,370,629$1,137,749$1,864,204
63$2,719,073$1,408,735$1,146,808$1,974,824
64$2,966,448$1,447,792$1,155,256$2,094,849
65$3,238,111$1,487,819$1,163,042$2,225,202
66$3,536,510$1,528,834$1,170,116$2,366,897
67$3,864,341$1,570,854$1,176,422$2,521,057
68$4,224,575$1,613,897$1,181,903$2,688,913
69$4,620,484$1,657,980$1,186,499$2,871,826
70$5,055,673$1,703,121$1,190,146$3,071,293
71$5,534,114$1,749,336$1,192,779$3,288,963
72$6,060,184$1,796,644$1,194,327$3,526,657
73$6,638,702$1,845,059$1,194,716$3,786,376
74$7,274,982$1,894,598$1,193,871$4,070,329
75$7,974,874$1,945,278$1,191,710$4,380,950
76$8,744,828$1,997,113$1,188,149$4,720,919
77$9,591,947$2,050,118$1,183,099$5,093,190
78$10,524,059$2,104,308$1,176,466$5,501,021
79$11,549,790$2,159,696$1,168,154$5,948,000
80$12,678,641$2,216,294$1,158,061$6,438,081
81$13,921,085$2,274,115$1,146,078$6,975,622
82$15,288,659$2,333,169$1,132,095$7,565,427
83$16,794,075$2,393,468$1,115,993$8,212,788
84$18,451,342$2,455,019$1,097,650$8,923,540
85$20,275,895$2,517,831$1,076,937$9,704,113
86$22,284,742$2,581,910$1,053,720$10,561,590
87$24,496,622$2,647,261$1,027,857$11,503,782
88$26,932,189$2,713,887$999,201$12,539,295
89$29,614,195$2,781,791$967,597$13,677,614
90$32,567,717$2,850,972$932,885$14,929,193
91$35,820,383$2,921,429$894,896$16,305,552
92$39,402,640$2,993,157$853,453$17,819,389
93$43,348,037$3,066,149$808,372$19,484,697
94$47,693,544$3,140,398$759,459$21,316,900
95$52,479,899$3,215,891$706,515$23,332,993
96$57,751,994$3,292,614$649,328$25,551,711
97$63,559,294$3,370,550$587,678$27,993,697
98$69,956,313$3,449,677$521,335$30,681,706
99$77,003,117$3,529,972$450,060$33,640,814
100$84,765,900$3,611,406$373,603$36,898,657