Can I retire at age 52 with 988,000?

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 $988,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$81,588$80,861$80,152$79,460$78,785$77,352
2 years$40,390$39,638$38,909$38,202$37,516$36,078
3 years$26,659$25,904$25,177$24,476$23,802$22,403
4 years$19,795$19,042$18,322$17,634$16,976$15,627
5 years$15,678$14,929$14,219$13,545$12,905$11,610
6 years$12,934$12,191$11,491$10,832$10,211$8,971
7 years$10,975$10,238$9,549$8,905$8,304$7,120
8 years$9,506$8,776$8,098$7,470$6,889$5,760
9 years$8,364$7,641$6,975$6,363$5,802$4,728
10 years$7,451$6,735$6,081$5,485$4,943$3,923
11 years$6,705$5,996$5,354$4,774$4,251$3,284
12 years$6,083$5,382$4,751$4,187$3,684$2,768
13 years$5,558$4,863$4,245$3,697$3,213$2,346
14 years$5,108$4,421$3,814$3,281$2,816$1,998
15 years$4,718$4,038$3,444$2,926$2,480$1,708
16 years$4,377$3,705$3,122$2,620$2,192$1,464
17 years$4,077$3,412$2,841$2,354$1,943$1,259
18 years$3,810$3,153$2,593$2,122$1,728$1,085
19 years$3,572$2,922$2,374$1,917$1,540$937
20 years$3,358$2,715$2,179$1,736$1,376$811
21 years$3,164$2,529$2,004$1,576$1,231$702
22 years$2,989$2,361$1,847$1,433$1,103$609
23 years$2,829$2,208$1,706$1,305$990$529
24 years$2,682$2,069$1,577$1,190$890$459
25 years$2,547$1,942$1,461$1,087$801$399
26 years$2,423$1,825$1,355$994$722$348
27 years$2,308$1,717$1,258$910$651$303
28 years$2,202$1,618$1,170$833$587$264
29 years$2,103$1,527$1,088$764$530$230
30 years$2,011$1,442$1,014$701$479$200
31 years$1,925$1,363$945$644$433$175
32 years$1,845$1,290$882$592$392$152
33 years$1,769$1,221$823$544$354$133
34 years$1,699$1,158$769$501$321$116
35 years$1,632$1,098$719$461$291$101
36 years$1,569$1,042$673$425$263$88
37 years$1,510$990$630$391$239$77
38 years$1,454$941$590$361$216$67
39 years$1,401$894$553$333$196$59
40 years$1,351$851$518$307$178$51
41 years$1,303$810$486$283$161$45
42 years$1,258$771$456$261$147$39
43 years$1,215$735$427$241$133$34
44 years$1,174$701$401$223$121$30
45 years$1,135$668$377$206$110$26
46 years$1,098$637$354$190$100$23
47 years$1,062$608$332$175$90$20
48 years$1,028$581$312$162$82$18
49 years$996$554$294$150$75$15
50 years$965$530$276$138$68$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $988,000, adding $3,771 every year, while hoping to spend $41,947 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: 86/6/8 Blend
51$988,000$988,000$988,000$988,000
52$1,092,666$1,040,302$1,024,988$1,185,401
53$1,159,486$1,046,645$1,014,694$1,252,805
54$1,231,717$1,051,894$1,002,649$1,320,725
55$1,309,865$1,055,949$988,750$1,394,029
56$1,394,488$1,058,708$972,890$1,473,230
57$1,486,199$1,060,058$954,956$1,558,893
58$1,585,674$1,059,883$934,829$1,651,640
59$1,693,653$1,058,058$912,386$1,752,157
60$1,810,953$1,054,450$887,498$1,861,198
61$1,938,470$1,048,918$860,030$1,979,592
62$2,077,193$1,041,314$829,839$2,108,256
63$2,228,207$1,031,478$796,779$2,248,196
64$2,392,707$1,019,244$760,694$2,400,521
65$2,572,008$1,004,432$721,423$2,566,454
66$2,767,559$986,855$678,796$2,747,341
67$2,980,951$966,313$632,638$2,944,665
68$3,213,940$942,593$582,762$3,160,058
69$3,468,455$915,473$528,978$3,395,322
70$3,746,620$884,715$471,082$3,652,438
71$4,050,777$850,067$408,865$3,933,591
72$4,383,501$811,265$342,106$4,241,188
73$4,747,629$768,028$270,577$4,577,880
74$5,146,283$720,057$194,038$4,946,589
75$5,582,904$667,040$112,238$5,350,535
76$6,061,278$608,643$24,916$5,793,264
77$6,585,577$544,516$0$6,278,686
78$7,160,396$474,286$0$6,816,935
79$7,790,793$397,563$0$7,409,579
80$8,482,342$313,932$0$8,059,743
81$9,241,181$222,955$0$8,773,219
82$10,074,072$124,170$0$9,556,384
83$10,988,461$17,088$0$10,416,266
84$11,992,553$0$0$11,360,608
85$13,095,385$0$0$12,404,464
86$14,306,914$0$0$13,552,455
87$15,638,106$0$0$14,813,848
88$17,101,045$0$0$16,200,093
89$18,709,040$0$0$17,723,805
90$20,476,757$0$0$19,398,881
91$22,420,352$0$0$21,240,634
92$24,557,625$0$0$23,265,931
93$26,908,188$0$0$25,493,360
94$29,493,647$0$0$27,943,397
95$32,337,809$0$0$30,638,604
96$35,466,903$0$0$33,603,839
97$38,909,830$0$0$36,866,491
98$42,698,433$0$0$40,456,738
99$46,867,796$0$0$44,407,830
100$51,456,580$0$0$48,756,407