Can I retire at age 52 with 987,000?

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 $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 $4,804 every year, while hoping to spend $20,125 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: 26/49/25 Blend
51$987,000$987,000$987,000$987,000
52$1,092,629$1,040,318$1,025,020$1,112,342
53$1,182,665$1,069,881$1,037,945$1,158,227
54$1,281,209$1,100,218$1,050,629$1,205,372
55$1,389,109$1,131,345$1,063,042$1,255,536
56$1,507,298$1,163,281$1,075,153$1,308,986
57$1,636,801$1,196,040$1,086,930$1,366,016
58$1,778,750$1,229,642$1,098,337$1,426,951
59$1,934,390$1,264,102$1,109,339$1,492,147
60$2,105,093$1,299,438$1,119,897$1,561,996
61$2,292,370$1,335,668$1,129,971$1,636,929
62$2,497,885$1,372,808$1,139,518$1,717,421
63$2,723,470$1,410,877$1,148,493$1,803,995
64$2,971,145$1,449,891$1,156,849$1,897,226
65$3,243,135$1,489,869$1,164,536$1,997,747
66$3,541,888$1,530,826$1,171,502$2,106,256
67$3,870,106$1,572,781$1,177,691$2,223,521
68$4,230,760$1,615,751$1,183,047$2,350,387
69$4,627,126$1,659,752$1,187,509$2,487,787
70$5,062,814$1,704,801$1,191,011$2,636,747
71$5,541,800$1,750,914$1,193,489$2,798,396
72$6,068,464$1,798,109$1,194,871$2,973,981
73$6,647,631$1,846,400$1,195,083$3,164,872
74$7,284,619$1,895,804$1,194,048$3,372,582
75$7,985,286$1,946,334$1,191,684$3,598,776
76$8,756,086$1,998,006$1,187,907$3,845,288
77$9,604,132$2,050,833$1,182,627$4,114,141
78$10,537,259$2,104,829$1,175,750$4,407,562
79$11,564,100$2,160,006$1,167,178$4,728,005
80$12,694,168$2,216,376$1,156,808$5,078,177
81$13,937,944$2,273,950$1,144,533$5,461,057
82$15,306,979$2,332,738$1,130,239$5,879,932
83$16,813,997$2,392,748$1,113,808$6,338,421
84$18,473,020$2,453,988$1,095,116$6,840,514
85$20,299,500$2,516,466$1,074,034$7,390,608
86$22,310,461$2,580,184$1,050,427$7,993,548
87$24,524,663$2,645,148$1,024,151$8,654,675
88$26,962,777$2,711,359$995,059$9,379,874
89$29,647,582$2,778,818$962,995$10,175,631
90$32,604,177$2,847,521$927,797$11,049,096
91$35,860,219$2,917,467$889,295$12,008,147
92$39,446,187$2,988,647$847,311$13,061,468
93$43,395,662$3,061,055$801,659$14,218,628
94$47,745,651$3,134,678$752,147$15,490,174
95$52,536,933$3,209,504$698,570$16,887,732
96$57,814,445$3,285,514$640,717$18,424,113
97$63,627,704$3,362,689$578,366$20,113,438
98$70,031,275$3,441,006$511,286$21,971,269
99$77,085,287$3,520,437$439,236$24,014,757
100$84,855,998$3,600,951$361,963$26,262,806