Can I retire at age 52 with 998,000?

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 $998,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$82,414$81,680$80,964$80,265$79,582$76,911
2 years$40,799$40,039$39,303$38,589$37,896$35,232
3 years$26,929$26,166$25,431$24,724$24,043$21,469
4 years$19,996$19,235$18,508$17,812$17,148$14,683
5 years$15,837$15,080$14,363$13,682$13,035$10,687
6 years$13,065$12,314$11,607$10,941$10,314$8,084
7 years$11,086$10,341$9,646$8,995$8,388$6,276
8 years$9,602$8,865$8,180$7,546$6,959$4,963
9 years$8,449$7,718$7,046$6,428$5,860$3,978
10 years$7,527$6,803$6,143$5,541$4,993$3,222
11 years$6,773$6,056$5,408$4,822$4,294$2,630
12 years$6,145$5,436$4,799$4,230$3,722$2,161
13 years$5,614$4,913$4,288$3,734$3,245$1,784
14 years$5,159$4,465$3,853$3,315$2,845$1,479
15 years$4,766$4,079$3,478$2,956$2,505$1,230
16 years$4,422$3,743$3,154$2,647$2,214$1,026
17 years$4,118$3,447$2,870$2,378$1,963$858
18 years$3,849$3,185$2,620$2,143$1,745$718
19 years$3,608$2,952$2,398$1,937$1,556$602
20 years$3,392$2,743$2,201$1,754$1,389$506
21 years$3,196$2,555$2,024$1,592$1,243$425
22 years$3,019$2,385$1,866$1,447$1,115$358
23 years$2,857$2,231$1,723$1,318$1,000$301
24 years$2,709$2,090$1,593$1,202$899$254
25 years$2,573$1,961$1,476$1,098$809$214
26 years$2,448$1,843$1,369$1,004$729$180
27 years$2,332$1,735$1,271$919$657$152
28 years$2,224$1,635$1,181$842$593$128
29 years$2,124$1,542$1,099$772$535$108
30 years$2,031$1,456$1,024$709$484$92
31 years$1,945$1,377$955$651$437$77
32 years$1,863$1,303$891$598$396$65
33 years$1,787$1,234$832$550$358$55
34 years$1,716$1,169$777$506$324$47
35 years$1,648$1,109$727$466$294$39
36 years$1,585$1,053$680$429$266$33
37 years$1,525$1,000$636$395$241$28
38 years$1,469$950$596$364$219$24
39 years$1,415$903$558$336$198$20
40 years$1,364$860$523$310$180$17
41 years$1,316$818$491$286$163$14
42 years$1,271$779$460$264$148$12
43 years$1,227$742$432$244$134$10
44 years$1,186$708$405$225$122$9
45 years$1,146$675$381$208$111$7
46 years$1,109$644$357$192$101$6
47 years$1,073$614$336$177$91$5
48 years$1,039$587$316$164$83$4
49 years$1,006$560$297$151$75$4
50 years$974$535$279$140$68$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $998,000, adding $3,922 every year, while hoping to spend $20,233 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: 73/11/16 Blend
51$998,000$998,000$998,000$998,000
52$1,103,842$1,050,948$1,035,479$1,180,147
53$1,194,906$1,080,916$1,048,639$1,261,218
54$1,294,580$1,111,675$1,061,563$1,347,146
55$1,403,722$1,143,242$1,074,220$1,440,742
56$1,523,275$1,175,634$1,086,579$1,542,760
57$1,654,278$1,208,869$1,098,609$1,654,034
58$1,797,875$1,242,965$1,110,273$1,775,481
59$1,955,328$1,277,939$1,121,537$1,908,111
60$2,128,024$1,313,811$1,132,361$2,053,037
61$2,317,492$1,350,597$1,142,705$2,211,484
62$2,525,417$1,388,317$1,152,526$2,384,802
63$2,753,654$1,426,989$1,161,780$2,574,478
64$3,004,246$1,466,632$1,170,419$2,782,151
65$3,279,445$1,507,262$1,178,394$3,009,626
66$3,581,731$1,548,900$1,185,653$3,258,891
67$3,913,834$1,591,563$1,192,139$3,532,137
68$4,278,766$1,635,270$1,197,796$3,831,778
69$4,679,840$1,680,039$1,202,563$4,160,473
70$5,120,710$1,725,888$1,206,375$4,521,151
71$5,605,401$1,772,834$1,209,166$4,917,041
72$6,138,344$1,820,895$1,210,866$5,351,701
73$6,724,425$1,870,089$1,211,400$5,829,049
74$7,369,026$1,920,433$1,210,691$6,353,404
75$8,078,075$1,971,943$1,208,658$6,929,524
76$8,858,106$2,024,635$1,205,215$7,562,653
77$9,716,316$2,078,525$1,200,273$8,258,567
78$10,660,636$2,133,629$1,193,738$9,023,634
79$11,699,804$2,189,960$1,185,511$9,864,868
80$12,843,448$2,247,532$1,175,490$10,790,000
81$14,102,177$2,306,359$1,163,567$11,807,547
82$15,487,681$2,366,452$1,149,628$12,926,897
83$17,012,839$2,427,823$1,133,555$14,158,391
84$18,691,844$2,490,481$1,115,224$15,513,429
85$20,540,334$2,554,437$1,094,506$17,004,570
86$22,575,540$2,619,696$1,071,264$18,645,655
87$24,816,451$2,686,266$1,045,357$20,451,936
88$27,283,987$2,754,152$1,016,635$22,440,220
89$30,001,204$2,823,356$984,943$24,629,029
90$32,993,507$2,893,880$950,118$27,038,772
91$36,288,888$2,965,724$911,990$29,691,941
92$39,918,194$3,038,884$870,381$32,613,322
93$43,915,416$3,113,356$825,106$35,830,228
94$48,318,011$3,189,132$775,969$39,372,757
95$53,167,251$3,266,203$722,767$43,274,079
96$58,508,620$3,344,555$665,288$47,570,745
97$64,392,234$3,424,174$603,311$52,303,036
98$70,873,323$3,505,040$536,603$57,515,339
99$78,012,745$3,587,130$464,922$63,256,571
100$85,877,564$3,670,418$388,016$69,580,638