Can I retire at age 52 with 990,000?

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 $990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$81,753$81,025$80,315$79,621$78,944$78,120
2 years$40,472$39,718$38,988$38,279$37,592$36,762
3 years$26,713$25,956$25,228$24,526$23,850$23,040
4 years$19,835$19,081$18,359$17,670$17,010$16,226
5 years$15,710$14,959$14,248$13,572$12,931$12,175
6 years$12,960$12,215$11,514$10,854$10,232$9,506
7 years$10,997$10,259$9,568$8,923$8,321$7,625
8 years$9,525$8,793$8,115$7,486$6,903$6,236
9 years$8,381$7,656$6,989$6,376$5,813$5,176
10 years$7,466$6,749$6,093$5,496$4,953$4,345
11 years$6,718$6,008$5,364$4,783$4,260$3,680
12 years$6,095$5,392$4,761$4,196$3,692$3,140
13 years$5,569$4,873$4,253$3,704$3,219$2,695
14 years$5,118$4,430$3,822$3,288$2,822$2,324
15 years$4,727$4,046$3,451$2,932$2,485$2,013
16 years$4,386$3,713$3,128$2,626$2,196$1,749
17 years$4,085$3,419$2,847$2,359$1,947$1,524
18 years$3,818$3,159$2,599$2,126$1,731$1,332
19 years$3,579$2,928$2,379$1,921$1,543$1,166
20 years$3,365$2,721$2,183$1,740$1,378$1,023
21 years$3,171$2,534$2,008$1,579$1,233$899
22 years$2,995$2,366$1,851$1,436$1,106$791
23 years$2,834$2,213$1,709$1,308$992$697
24 years$2,687$2,073$1,581$1,193$892$614
25 years$2,552$1,946$1,464$1,089$803$542
26 years$2,428$1,829$1,358$996$723$479
27 years$2,313$1,721$1,261$912$652$424
28 years$2,206$1,622$1,172$835$588$375
29 years$2,107$1,530$1,091$766$531$332
30 years$2,015$1,445$1,016$703$480$294
31 years$1,929$1,366$947$646$434$260
32 years$1,848$1,292$884$593$392$231
33 years$1,773$1,224$825$546$355$204
34 years$1,702$1,160$771$502$322$181
35 years$1,635$1,100$721$462$291$161
36 years$1,572$1,044$674$426$264$143
37 years$1,513$992$631$392$239$127
38 years$1,457$942$591$361$217$112
39 years$1,404$896$554$333$197$100
40 years$1,353$853$519$307$178$89
41 years$1,306$812$487$284$162$79
42 years$1,260$773$456$262$147$70
43 years$1,217$737$428$242$133$62
44 years$1,176$702$402$223$121$55
45 years$1,137$669$378$206$110$49
46 years$1,100$639$355$190$100$44
47 years$1,064$609$333$176$91$39
48 years$1,030$582$313$162$82$34
49 years$998$556$294$150$75$31
50 years$967$531$277$139$68$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $990,000, adding $5,806 every year, while hoping to spend $22,762 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: 60/23/17 Blend
51$990,000$990,000$990,000$990,000
52$1,096,969$1,044,499$1,029,154$1,157,671
53$1,184,641$1,071,461$1,039,412$1,226,309
54$1,280,493$1,098,981$1,049,251$1,298,114
55$1,385,335$1,127,063$1,058,632$1,375,920
56$1,500,059$1,155,708$1,067,516$1,460,312
57$1,625,648$1,184,921$1,075,861$1,551,931
58$1,763,183$1,214,701$1,083,621$1,651,485
59$1,913,855$1,245,049$1,090,751$1,759,754
60$2,078,978$1,275,966$1,097,200$1,877,597
61$2,259,995$1,307,450$1,102,917$2,005,960
62$2,458,498$1,339,498$1,107,849$2,145,886
63$2,676,240$1,372,109$1,111,937$2,298,522
64$2,915,151$1,405,277$1,115,122$2,465,133
65$3,177,359$1,438,997$1,117,340$2,647,114
66$3,465,204$1,473,263$1,118,526$2,846,000
67$3,781,268$1,508,066$1,118,610$3,063,482
68$4,128,393$1,543,397$1,117,519$3,301,426
69$4,509,710$1,579,244$1,115,176$3,561,885
70$4,928,668$1,615,595$1,111,502$3,847,123
71$5,389,067$1,652,434$1,106,413$4,159,634
72$5,895,094$1,689,746$1,099,820$4,502,167
73$6,451,361$1,727,510$1,091,630$4,877,750
74$7,062,948$1,765,706$1,081,748$5,289,721
75$7,735,453$1,804,311$1,070,072$5,741,759
76$8,475,045$1,843,297$1,056,495$6,237,916
77$9,288,518$1,882,638$1,040,906$6,782,659
78$10,183,360$1,922,300$1,023,189$7,380,911
79$11,167,819$1,962,249$1,003,222$8,038,095
80$12,250,984$2,002,447$980,878$8,760,190
81$13,442,870$2,042,852$956,023$9,553,784
82$14,754,510$2,083,419$928,516$10,426,137
83$16,198,062$2,124,098$898,214$11,385,251
84$17,786,921$2,164,837$864,961$12,439,943
85$19,535,850$2,205,576$828,600$13,599,931
86$21,461,110$2,246,253$788,962$14,875,924
87$23,580,625$2,286,801$745,873$16,279,726
88$25,914,140$2,327,145$699,151$17,824,342
89$28,483,414$2,367,208$648,605$19,524,108
90$31,312,425$2,406,903$594,036$21,394,822
91$34,427,592$2,446,141$535,235$23,453,894
92$37,858,026$2,484,822$471,986$25,720,511
93$41,635,808$2,522,841$404,060$28,215,818
94$45,796,285$2,560,085$331,221$30,963,121
95$50,378,410$2,596,433$253,221$33,988,100
96$55,425,106$2,631,756$169,802$37,319,061
97$60,983,670$2,665,915$80,693$40,987,195
98$67,106,221$2,698,762$0$45,026,879
99$73,850,192$2,730,138$0$49,478,610
100$81,278,871$2,759,874$0$54,397,317