Can I retire at age 52 with 989,000?

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 $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%15.1%
1 years$81,671$80,943$80,233$79,541$78,864$77,209
2 years$40,431$39,678$38,948$38,241$37,554$35,894
3 years$26,686$25,930$25,202$24,501$23,826$22,213
4 years$19,815$19,061$18,341$17,652$16,993$15,440
5 years$15,694$14,944$14,233$13,558$12,918$11,429
6 years$12,947$12,203$11,502$10,843$10,221$8,798
7 years$10,986$10,248$9,559$8,914$8,313$6,955
8 years$9,515$8,785$8,106$7,478$6,896$5,604
9 years$8,373$7,649$6,982$6,370$5,808$4,580
10 years$7,459$6,742$6,087$5,491$4,948$3,784
11 years$6,712$6,002$5,359$4,779$4,256$3,153
12 years$6,089$5,387$4,756$4,191$3,688$2,646
13 years$5,563$4,868$4,249$3,700$3,216$2,232
14 years$5,113$4,425$3,818$3,285$2,819$1,892
15 years$4,723$4,042$3,447$2,929$2,482$1,609
16 years$4,382$3,709$3,125$2,623$2,194$1,373
17 years$4,081$3,416$2,844$2,357$1,945$1,175
18 years$3,814$3,156$2,596$2,124$1,730$1,008
19 years$3,576$2,925$2,377$1,919$1,542$866
20 years$3,361$2,718$2,181$1,738$1,377$745
21 years$3,168$2,532$2,006$1,577$1,232$642
22 years$2,992$2,363$1,849$1,434$1,104$554
23 years$2,831$2,210$1,707$1,306$991$478
24 years$2,685$2,071$1,579$1,191$891$413
25 years$2,550$1,944$1,462$1,088$802$357
26 years$2,426$1,827$1,356$995$722$309
27 years$2,311$1,719$1,259$911$651$268
28 years$2,204$1,620$1,171$834$588$232
29 years$2,105$1,528$1,090$765$531$201
30 years$2,013$1,443$1,015$702$479$174
31 years$1,927$1,364$946$645$433$151
32 years$1,847$1,291$883$593$392$131
33 years$1,771$1,223$824$545$355$114
34 years$1,700$1,159$770$501$321$99
35 years$1,634$1,099$720$462$291$86
36 years$1,571$1,043$674$425$264$74
37 years$1,511$991$630$392$239$64
38 years$1,455$942$590$361$217$56
39 years$1,402$895$553$333$196$49
40 years$1,352$852$518$307$178$42
41 years$1,304$811$486$283$162$37
42 years$1,259$772$456$261$147$32
43 years$1,216$736$428$241$133$28
44 years$1,175$701$402$223$121$24
45 years$1,136$669$377$206$110$21
46 years$1,099$638$354$190$100$18
47 years$1,063$609$333$176$90$16
48 years$1,029$581$313$162$82$14
49 years$997$555$294$150$75$12
50 years$966$530$276$139$68$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $989,000, adding $6,033 every year, while hoping to spend $32,071 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: 24/50/26 Blend
51$989,000$989,000$989,000$989,000
52$1,096,101$1,043,684$1,028,355$1,113,279
53$1,173,780$1,060,701$1,028,681$1,145,165
54$1,258,307$1,077,477$1,027,944$1,176,183
55$1,350,348$1,093,967$1,026,073$1,208,736
56$1,450,633$1,110,121$1,022,996$1,242,971
57$1,559,967$1,125,886$1,018,636$1,279,054
58$1,679,237$1,141,208$1,012,913$1,317,167
59$1,809,416$1,156,024$1,005,743$1,357,514
60$1,951,580$1,170,273$997,039$1,400,322
61$2,106,908$1,183,883$986,707$1,445,843
62$2,276,703$1,196,784$974,651$1,494,356
63$2,462,395$1,208,895$960,771$1,546,173
64$2,665,563$1,220,134$944,960$1,601,638
65$2,887,942$1,230,412$927,108$1,661,133
66$3,131,443$1,239,634$907,097$1,725,084
67$3,398,174$1,247,699$884,808$1,793,963
68$3,690,451$1,254,500$860,113$1,868,291
69$4,010,829$1,259,923$832,879$1,948,650
70$4,362,121$1,263,845$802,967$2,035,681
71$4,747,423$1,266,139$770,232$2,130,098
72$5,170,147$1,266,667$734,522$2,232,690
73$5,634,051$1,265,283$695,678$2,344,331
74$6,143,275$1,261,833$653,534$2,465,992
75$6,702,378$1,256,152$607,916$2,598,745
76$7,316,383$1,248,066$558,644$2,743,778
77$7,990,823$1,237,390$505,528$2,902,408
78$8,731,794$1,223,928$448,369$3,076,091
79$9,546,009$1,207,473$386,962$3,266,438
80$10,440,866$1,187,804$321,090$3,475,232
81$11,424,516$1,164,688$250,528$3,704,445
82$12,505,937$1,137,878$175,040$3,956,261
83$13,695,020$1,107,111$94,382$4,233,092
84$15,002,665$1,072,112$8,296$4,537,605
85$16,440,877$1,032,586$0$4,872,752
86$18,022,888$988,224$0$5,264,979
87$19,763,272$938,697$0$5,698,668
88$21,678,091$883,658$0$6,175,579
89$23,785,038$822,739$0$6,700,201
90$26,103,611$755,552$0$7,277,485
91$28,655,292$681,687$0$7,912,897
92$31,463,751$600,709$0$8,612,468
93$34,555,071$512,161$0$9,382,857
94$37,957,988$415,557$0$10,231,407
95$41,704,170$310,386$0$11,166,226
96$45,828,507$196,107$0$12,196,258
97$50,369,449$72,150$0$13,331,369
98$55,369,359$0$0$14,582,450
99$60,874,920$0$0$15,995,671
100$66,937,571$0$0$17,595,829