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%15.7%
1 years$81,753$81,025$80,315$79,621$78,944$77,098
2 years$40,472$39,718$38,988$38,279$37,592$35,743
3 years$26,713$25,956$25,228$24,526$23,850$22,055
4 years$19,835$19,081$18,359$17,670$17,010$15,284
5 years$15,710$14,959$14,248$13,572$12,931$11,278
6 years$12,960$12,215$11,514$10,854$10,232$8,653
7 years$10,997$10,259$9,568$8,923$8,321$6,818
8 years$9,525$8,793$8,115$7,486$6,903$5,474
9 years$8,381$7,656$6,989$6,376$5,813$4,458
10 years$7,466$6,749$6,093$5,496$4,953$3,669
11 years$6,718$6,008$5,364$4,783$4,260$3,046
12 years$6,095$5,392$4,761$4,196$3,692$2,546
13 years$5,569$4,873$4,253$3,704$3,219$2,139
14 years$5,118$4,430$3,822$3,288$2,822$1,806
15 years$4,727$4,046$3,451$2,932$2,485$1,530
16 years$4,386$3,713$3,128$2,626$2,196$1,300
17 years$4,085$3,419$2,847$2,359$1,947$1,107
18 years$3,818$3,159$2,599$2,126$1,731$945
19 years$3,579$2,928$2,379$1,921$1,543$809
20 years$3,365$2,721$2,183$1,740$1,378$693
21 years$3,171$2,534$2,008$1,579$1,233$594
22 years$2,995$2,366$1,851$1,436$1,106$510
23 years$2,834$2,213$1,709$1,308$992$438
24 years$2,687$2,073$1,581$1,193$892$377
25 years$2,552$1,946$1,464$1,089$803$324
26 years$2,428$1,829$1,358$996$723$279
27 years$2,313$1,721$1,261$912$652$241
28 years$2,206$1,622$1,172$835$588$207
29 years$2,107$1,530$1,091$766$531$179
30 years$2,015$1,445$1,016$703$480$154
31 years$1,929$1,366$947$646$434$133
32 years$1,848$1,292$884$593$392$115
33 years$1,773$1,224$825$546$355$99
34 years$1,702$1,160$771$502$322$86
35 years$1,635$1,100$721$462$291$74
36 years$1,572$1,044$674$426$264$64
37 years$1,513$992$631$392$239$55
38 years$1,457$942$591$361$217$48
39 years$1,404$896$554$333$197$41
40 years$1,353$853$519$307$178$36
41 years$1,306$812$487$284$162$31
42 years$1,260$773$456$262$147$27
43 years$1,217$737$428$242$133$23
44 years$1,176$702$402$223$121$20
45 years$1,137$669$378$206$110$17
46 years$1,100$639$355$190$100$15
47 years$1,064$609$333$176$91$13
48 years$1,030$582$313$162$82$11
49 years$998$556$294$150$75$10
50 years$967$531$277$139$68$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $990,000, adding $2,588 every year, while hoping to spend $27,819 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: 31/43/26 Blend
51$990,000$990,000$990,000$990,000
52$1,093,650$1,041,180$1,025,835$1,118,745
53$1,175,603$1,062,598$1,030,601$1,159,666
54$1,264,982$1,084,134$1,034,594$1,201,044
55$1,362,517$1,105,763$1,037,760$1,245,030
56$1,469,009$1,127,460$1,040,040$1,291,870
57$1,585,339$1,149,197$1,041,372$1,341,836
58$1,712,479$1,170,944$1,041,694$1,395,231
59$1,851,499$1,192,667$1,040,938$1,452,385
60$2,003,576$1,214,331$1,039,033$1,513,667
61$2,170,007$1,235,899$1,035,906$1,579,482
62$2,352,218$1,257,329$1,031,480$1,650,280
63$2,551,782$1,278,576$1,025,672$1,726,554
64$2,770,431$1,299,593$1,018,399$1,808,852
65$3,010,070$1,320,328$1,009,571$1,897,779
66$3,272,799$1,340,727$999,094$1,994,002
67$3,560,932$1,360,729$986,870$2,098,257
68$3,877,015$1,380,273$972,798$2,211,360
69$4,223,853$1,399,289$956,770$2,334,209
70$4,604,538$1,417,706$938,673$2,467,797
71$5,022,473$1,435,446$918,391$2,613,220
72$5,481,407$1,452,425$895,800$2,771,690
73$5,985,473$1,468,555$870,771$2,944,543
74$6,539,219$1,483,743$843,169$3,133,254
75$7,147,659$1,497,886$812,855$3,339,453
76$7,816,315$1,510,877$779,681$3,564,938
77$8,551,272$1,522,603$743,493$3,811,695
78$9,359,231$1,532,940$704,129$4,081,916
79$10,247,578$1,541,759$661,423$4,378,020
80$11,224,447$1,548,922$615,197$4,702,676
81$12,298,804$1,554,282$565,269$5,058,832
82$13,480,522$1,557,683$511,447$5,449,738
83$14,780,485$1,558,958$453,529$5,878,984
84$16,210,679$1,557,932$391,307$6,350,530
85$17,784,314$1,554,416$324,562$6,868,744
86$19,515,945$1,548,214$253,066$7,438,449
87$21,421,608$1,539,112$176,580$8,064,963
88$23,518,972$1,526,889$94,855$8,754,154
89$25,827,506$1,511,306$7,632$9,512,498
90$28,368,663$1,492,111$0$10,347,137
91$31,166,081$1,469,039$0$11,289,656
92$34,245,806$1,441,806$0$12,328,839
93$37,636,537$1,410,114$0$13,472,237
94$41,369,899$1,373,645$0$14,730,510
95$45,480,739$1,332,063$0$16,115,410
96$50,007,454$1,285,014$0$17,639,893
97$54,992,357$1,232,122$0$19,318,244
98$60,482,069$1,172,988$0$21,166,209
99$66,527,968$1,107,193$0$23,201,150
100$73,186,666$1,034,290$0$25,442,206