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%17.9%
1 years$81,506$80,780$80,071$79,380$78,705$76,185
2 years$40,349$39,598$38,870$38,163$37,478$34,963
3 years$26,632$25,878$25,151$24,452$23,778$21,346
4 years$19,775$19,023$18,304$17,616$16,959$14,629
5 years$15,662$14,914$14,204$13,531$12,892$10,670
6 years$12,921$12,178$11,479$10,821$10,201$8,089
7 years$10,963$10,227$9,539$8,896$8,296$6,294
8 years$9,496$8,767$8,090$7,463$6,882$4,989
9 years$8,356$7,633$6,968$6,357$5,796$4,009
10 years$7,444$6,728$6,075$5,480$4,938$3,255
11 years$6,698$5,990$5,348$4,769$4,247$2,664
12 years$6,077$5,376$4,746$4,183$3,680$2,195
13 years$5,552$4,858$4,241$3,693$3,209$1,817
14 years$5,102$4,416$3,810$3,278$2,813$1,511
15 years$4,713$4,034$3,440$2,924$2,477$1,260
16 years$4,373$3,701$3,119$2,618$2,189$1,054
17 years$4,073$3,409$2,838$2,352$1,941$884
18 years$3,806$3,150$2,591$2,120$1,726$742
19 years$3,568$2,919$2,372$1,915$1,538$624
20 years$3,355$2,713$2,177$1,735$1,374$526
21 years$3,161$2,527$2,002$1,574$1,230$443
22 years$2,986$2,359$1,845$1,431$1,102$374
23 years$2,826$2,206$1,704$1,304$989$316
24 years$2,679$2,067$1,576$1,189$889$267
25 years$2,545$1,940$1,459$1,086$800$226
26 years$2,421$1,823$1,354$993$721$191
27 years$2,306$1,716$1,257$909$650$162
28 years$2,200$1,617$1,168$833$586$137
29 years$2,101$1,525$1,087$764$530$116
30 years$2,009$1,440$1,013$701$478$98
31 years$1,923$1,362$944$644$433$83
32 years$1,843$1,288$881$591$391$71
33 years$1,768$1,220$823$544$354$60
34 years$1,697$1,156$769$500$321$51
35 years$1,630$1,097$719$461$290$43
36 years$1,568$1,041$672$424$263$36
37 years$1,508$989$629$391$238$31
38 years$1,452$940$589$360$216$26
39 years$1,400$893$552$332$196$22
40 years$1,349$850$517$306$178$19
41 years$1,302$809$485$283$161$16
42 years$1,257$771$455$261$146$14
43 years$1,214$734$427$241$133$11
44 years$1,173$700$401$222$121$10
45 years$1,134$667$376$205$109$8
46 years$1,097$637$354$190$99$7
47 years$1,061$608$332$175$90$6
48 years$1,027$580$312$162$82$5
49 years$995$554$293$150$74$4
50 years$964$529$276$138$68$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $987,000, adding $5,305 every year, while hoping to spend $43,004 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: 73/12/15 Blend
51$987,000$987,000$987,000$987,000
52$1,093,146$1,040,835$1,025,537$1,168,929
53$1,158,891$1,046,080$1,014,136$1,225,085
54$1,229,901$1,050,141$1,000,912$1,280,793
55$1,306,667$1,052,914$985,759$1,340,675
56$1,389,729$1,054,289$968,565$1,405,134
57$1,479,682$1,054,150$949,212$1,474,615
58$1,577,179$1,052,372$927,580$1,549,609
59$1,682,937$1,048,824$903,540$1,630,657
60$1,797,746$1,043,367$876,958$1,718,357
61$1,922,475$1,035,850$847,695$1,813,367
62$2,058,080$1,026,119$815,605$1,916,413
63$2,205,610$1,014,005$780,534$2,028,297
64$2,366,224$999,333$742,323$2,149,901
65$2,541,192$981,914$700,804$2,282,200
66$2,731,916$961,550$655,804$2,426,269
67$2,939,937$938,032$607,139$2,583,293
68$3,166,952$911,136$554,619$2,754,579
69$3,414,826$880,627$498,044$2,941,569
70$3,685,617$846,256$437,206$3,145,853
71$3,981,586$807,758$371,889$3,369,185
72$4,305,225$764,856$301,865$3,613,499
73$4,659,277$717,253$226,896$3,880,927
74$5,046,762$664,637$146,736$4,173,822
75$5,471,006$606,679$61,127$4,494,778
76$5,935,672$543,029$0$4,846,656
77$6,444,792$473,320$0$5,237,450
78$7,002,809$397,160$0$5,676,553
79$7,614,613$314,139$0$6,158,057
80$8,285,594$223,821$0$6,686,240
81$9,021,685$125,749$0$7,265,818
82$9,829,422$19,436$0$7,901,988
83$10,716,005$0$0$8,600,478
84$11,689,365$0$0$9,380,226
85$12,758,238$0$0$10,239,355
86$13,932,248$0$0$11,183,038
87$15,221,996$0$0$12,219,805
88$16,639,162$0$0$13,359,048
89$18,196,610$0$0$14,611,119
90$19,908,516$0$0$15,987,418
91$21,790,496$0$0$17,500,508
92$23,859,754$0$0$19,164,227
93$26,135,245$0$0$20,993,824
94$28,637,853$0$0$23,006,098
95$31,390,587$0$0$25,219,557
96$34,418,797$0$0$27,654,594
97$37,750,415$0$0$30,333,678
98$41,416,216$0$0$33,281,565
99$45,450,110$0$0$36,525,534
100$49,889,459$0$0$40,095,638