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%16.7%
1 years$81,506$80,780$80,071$79,380$78,705$76,554
2 years$40,349$39,598$38,870$38,163$37,478$35,327
3 years$26,632$25,878$25,151$24,452$23,778$21,693
4 years$19,775$19,023$18,304$17,616$16,959$14,957
5 years$15,662$14,914$14,204$13,531$12,892$10,979
6 years$12,921$12,178$11,479$10,821$10,201$8,378
7 years$10,963$10,227$9,539$8,896$8,296$6,564
8 years$9,496$8,767$8,090$7,463$6,882$5,239
9 years$8,356$7,633$6,968$6,357$5,796$4,241
10 years$7,444$6,728$6,075$5,480$4,938$3,469
11 years$6,698$5,990$5,348$4,769$4,247$2,862
12 years$6,077$5,376$4,746$4,183$3,680$2,376
13 years$5,552$4,858$4,241$3,693$3,209$1,983
14 years$5,102$4,416$3,810$3,278$2,813$1,663
15 years$4,713$4,034$3,440$2,924$2,477$1,399
16 years$4,373$3,701$3,119$2,618$2,189$1,180
17 years$4,073$3,409$2,838$2,352$1,941$998
18 years$3,806$3,150$2,591$2,120$1,726$846
19 years$3,568$2,919$2,372$1,915$1,538$718
20 years$3,355$2,713$2,177$1,735$1,374$610
21 years$3,161$2,527$2,002$1,574$1,230$519
22 years$2,986$2,359$1,845$1,431$1,102$442
23 years$2,826$2,206$1,704$1,304$989$377
24 years$2,679$2,067$1,576$1,189$889$322
25 years$2,545$1,940$1,459$1,086$800$275
26 years$2,421$1,823$1,354$993$721$235
27 years$2,306$1,716$1,257$909$650$201
28 years$2,200$1,617$1,168$833$586$172
29 years$2,101$1,525$1,087$764$530$147
30 years$2,009$1,440$1,013$701$478$126
31 years$1,923$1,362$944$644$433$107
32 years$1,843$1,288$881$591$391$92
33 years$1,768$1,220$823$544$354$79
34 years$1,697$1,156$769$500$321$67
35 years$1,630$1,097$719$461$290$58
36 years$1,568$1,041$672$424$263$49
37 years$1,508$989$629$391$238$42
38 years$1,452$940$589$360$216$36
39 years$1,400$893$552$332$196$31
40 years$1,349$850$517$306$178$27
41 years$1,302$809$485$283$161$23
42 years$1,257$771$455$261$146$20
43 years$1,214$734$427$241$133$17
44 years$1,173$700$401$222$121$14
45 years$1,134$667$376$205$109$12
46 years$1,097$637$354$190$99$11
47 years$1,061$608$332$175$90$9
48 years$1,027$580$312$162$82$8
49 years$995$554$293$150$74$7
50 years$964$529$276$138$68$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $987,000, adding $3,819 every year, while hoping to spend $38,975 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: 49/29/22 Blend
51$987,000$987,000$987,000$987,000
52$1,091,613$1,039,302$1,024,004$1,138,161
53$1,161,489$1,048,759$1,016,839$1,180,390
54$1,237,185$1,057,373$1,008,128$1,221,998
55$1,319,255$1,065,061$997,777$1,266,396
56$1,408,307$1,071,737$985,690$1,313,864
57$1,505,008$1,077,305$971,764$1,364,711
58$1,610,093$1,081,668$955,893$1,419,279
59$1,724,372$1,084,719$937,965$1,477,949
60$1,848,734$1,086,347$917,863$1,541,139
61$1,984,158$1,086,431$895,464$1,609,314
62$2,131,721$1,084,845$870,641$1,682,988
63$2,292,609$1,081,454$843,260$1,762,731
64$2,468,126$1,076,116$813,180$1,849,171
65$2,659,708$1,068,679$780,255$1,943,004
66$2,868,937$1,058,983$744,332$2,045,001
67$3,097,551$1,046,856$705,250$2,156,014
68$3,347,468$1,032,119$662,842$2,276,983
69$3,620,797$1,014,579$616,934$2,408,949
70$3,919,859$994,035$567,343$2,553,065
71$4,247,212$970,270$513,877$2,710,602
72$4,605,673$943,059$456,336$2,882,966
73$4,998,342$912,159$394,514$3,071,711
74$5,428,634$877,316$328,191$3,278,555
75$5,900,311$838,260$257,142$3,505,394
76$6,417,514$794,706$181,127$3,754,326
77$6,984,806$746,353$99,901$4,027,665
78$7,607,212$692,880$13,203$4,327,969
79$8,290,267$633,951$0$4,658,063
80$9,040,068$569,208$0$5,039,687
81$9,863,331$498,275$0$5,462,184
82$10,767,454$420,753$0$5,926,324
83$11,760,586$336,222$0$6,436,380
84$12,851,705$244,237$0$6,997,064
85$14,050,702$144,327$0$7,613,573
86$15,368,473$35,998$0$8,291,639
87$16,817,021$0$0$9,037,584
88$18,409,572$0$0$9,884,317
89$20,160,695$0$0$10,828,109
90$22,086,442$0$0$11,866,139
91$24,204,501$0$0$13,007,955
92$26,534,357$0$0$14,264,078
93$29,097,480$0$0$15,646,099
94$31,917,525$0$0$17,166,789
95$35,020,555$0$0$18,840,220
96$38,435,289$0$0$20,681,898
97$42,193,369$0$0$22,708,905
98$46,329,660$0$0$24,940,068
99$50,882,579$0$0$27,396,126
100$55,894,455$0$0$30,099,937