Can I retire at age 52 with 989,000?

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 $989,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$81,671$80,943$80,233$79,541$78,864$77,399
2 years$40,431$39,678$38,948$38,241$37,554$36,083
3 years$26,686$25,930$25,202$24,501$23,826$22,395
4 years$19,815$19,061$18,341$17,652$16,993$15,614
5 years$15,694$14,944$14,233$13,558$12,918$11,594
6 years$12,947$12,203$11,502$10,843$10,221$8,954
7 years$10,986$10,248$9,559$8,914$8,313$7,103
8 years$9,515$8,785$8,106$7,478$6,896$5,743
9 years$8,373$7,649$6,982$6,370$5,808$4,710
10 years$7,459$6,742$6,087$5,491$4,948$3,906
11 years$6,712$6,002$5,359$4,779$4,256$3,268
12 years$6,089$5,387$4,756$4,191$3,688$2,752
13 years$5,563$4,868$4,249$3,700$3,216$2,331
14 years$5,113$4,425$3,818$3,285$2,819$1,984
15 years$4,723$4,042$3,447$2,929$2,482$1,695
16 years$4,382$3,709$3,125$2,623$2,194$1,452
17 years$4,081$3,416$2,844$2,357$1,945$1,248
18 years$3,814$3,156$2,596$2,124$1,730$1,075
19 years$3,576$2,925$2,377$1,919$1,542$927
20 years$3,361$2,718$2,181$1,738$1,377$802
21 years$3,168$2,532$2,006$1,577$1,232$694
22 years$2,992$2,363$1,849$1,434$1,104$601
23 years$2,831$2,210$1,707$1,306$991$522
24 years$2,685$2,071$1,579$1,191$891$453
25 years$2,550$1,944$1,462$1,088$802$393
26 years$2,426$1,827$1,356$995$722$342
27 years$2,311$1,719$1,259$911$651$298
28 years$2,204$1,620$1,171$834$588$259
29 years$2,105$1,528$1,090$765$531$226
30 years$2,013$1,443$1,015$702$479$197
31 years$1,927$1,364$946$645$433$171
32 years$1,847$1,291$883$593$392$149
33 years$1,771$1,223$824$545$355$130
34 years$1,700$1,159$770$501$321$114
35 years$1,634$1,099$720$462$291$99
36 years$1,571$1,043$674$425$264$86
37 years$1,511$991$630$392$239$75
38 years$1,455$942$590$361$217$66
39 years$1,402$895$553$333$196$57
40 years$1,352$852$518$307$178$50
41 years$1,304$811$486$283$162$44
42 years$1,259$772$456$261$147$38
43 years$1,216$736$428$241$133$33
44 years$1,175$701$402$223$121$29
45 years$1,136$669$377$206$110$25
46 years$1,099$638$354$190$100$22
47 years$1,063$609$333$176$90$19
48 years$1,029$581$313$162$82$17
49 years$997$555$294$150$75$15
50 years$966$530$276$139$68$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $989,000, adding $6,456 every year, while hoping to spend $33,219 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: 67/6/27 Blend
51$989,000$989,000$989,000$989,000
52$1,096,537$1,044,120$1,028,791$1,161,878
53$1,173,039$1,059,938$1,027,911$1,222,487
54$1,256,231$1,075,416$1,025,887$1,284,410
55$1,346,760$1,090,505$1,022,648$1,351,389
56$1,445,339$1,105,149$1,018,116$1,423,925
57$1,552,750$1,119,288$1,012,210$1,502,572
58$1,669,857$1,132,860$1,004,845$1,587,937
59$1,797,609$1,145,796$995,934$1,680,693
60$1,937,051$1,158,025$985,383$1,781,582
61$2,089,332$1,169,471$973,095$1,891,420
62$2,255,719$1,180,050$958,969$2,011,108
63$2,437,605$1,189,676$942,898$2,141,642
64$2,636,526$1,198,255$924,770$2,284,117
65$2,854,171$1,205,688$904,469$2,439,741
66$3,092,400$1,211,871$881,872$2,609,849
67$3,353,262$1,216,690$856,852$2,795,909
68$3,639,014$1,220,027$829,276$2,999,544
69$3,952,139$1,221,754$799,002$3,222,541
70$4,295,375$1,221,737$765,886$3,466,870
71$4,671,734$1,219,833$729,774$3,734,706
72$5,084,536$1,215,890$690,507$4,028,445
73$5,537,437$1,209,747$647,917$4,350,730
74$6,034,463$1,201,232$601,830$4,704,474
75$6,580,051$1,190,165$552,064$5,092,891
76$7,179,086$1,176,353$498,428$5,519,524
77$7,836,950$1,159,592$440,723$5,988,276
78$8,559,573$1,139,666$378,741$6,503,456
79$9,353,486$1,116,346$312,266$7,069,811
80$10,225,885$1,089,390$241,069$7,692,574
81$11,184,695$1,058,541$164,916$8,377,517
82$12,238,652$1,023,527$83,558$9,131,002
83$13,397,375$984,060$0$9,960,043
84$14,671,465$939,837$0$10,873,312
85$16,072,600$890,534$0$11,904,145
86$17,613,647$835,812$0$13,037,920
87$19,308,783$775,311$0$14,285,083
88$21,173,626$708,649$0$15,657,141
89$23,225,387$635,424$0$17,166,775
90$25,483,028$555,211$0$18,827,956
91$27,967,440$467,560$0$20,656,084
92$30,701,644$371,996$0$22,668,122
93$33,711,006$268,017$0$24,882,768
94$37,023,472$155,094$0$27,320,622
95$40,669,840$32,666$0$30,004,387
96$44,684,041$0$0$32,959,077
97$49,103,465$0$0$36,218,853
98$53,969,313$0$0$39,810,363
99$59,326,983$0$0$43,764,968
100$65,226,497$0$0$48,119,602