Can I retire at age 52 with 998,000?

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 $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%12.3%
1 years$82,414$81,680$80,964$80,265$79,582$78,816
2 years$40,799$40,039$39,303$38,589$37,896$37,125
3 years$26,929$26,166$25,431$24,724$24,043$23,290
4 years$19,996$19,235$18,508$17,812$17,148$16,419
5 years$15,837$15,080$14,363$13,682$13,035$12,333
6 years$13,065$12,314$11,607$10,941$10,314$9,639
7 years$11,086$10,341$9,646$8,995$8,388$7,740
8 years$9,602$8,865$8,180$7,546$6,959$6,338
9 years$8,449$7,718$7,046$6,428$5,860$5,267
10 years$7,527$6,803$6,143$5,541$4,993$4,427
11 years$6,773$6,056$5,408$4,822$4,294$3,754
12 years$6,145$5,436$4,799$4,230$3,722$3,207
13 years$5,614$4,913$4,288$3,734$3,245$2,756
14 years$5,159$4,465$3,853$3,315$2,845$2,380
15 years$4,766$4,079$3,478$2,956$2,505$2,064
16 years$4,422$3,743$3,154$2,647$2,214$1,796
17 years$4,118$3,447$2,870$2,378$1,963$1,567
18 years$3,849$3,185$2,620$2,143$1,745$1,371
19 years$3,608$2,952$2,398$1,937$1,556$1,203
20 years$3,392$2,743$2,201$1,754$1,389$1,056
21 years$3,196$2,555$2,024$1,592$1,243$930
22 years$3,019$2,385$1,866$1,447$1,115$819
23 years$2,857$2,231$1,723$1,318$1,000$723
24 years$2,709$2,090$1,593$1,202$899$638
25 years$2,573$1,961$1,476$1,098$809$564
26 years$2,448$1,843$1,369$1,004$729$499
27 years$2,332$1,735$1,271$919$657$442
28 years$2,224$1,635$1,181$842$593$392
29 years$2,124$1,542$1,099$772$535$347
30 years$2,031$1,456$1,024$709$484$308
31 years$1,945$1,377$955$651$437$273
32 years$1,863$1,303$891$598$396$243
33 years$1,787$1,234$832$550$358$216
34 years$1,716$1,169$777$506$324$191
35 years$1,648$1,109$727$466$294$170
36 years$1,585$1,053$680$429$266$151
37 years$1,525$1,000$636$395$241$134
38 years$1,469$950$596$364$219$120
39 years$1,415$903$558$336$198$106
40 years$1,364$860$523$310$180$95
41 years$1,316$818$491$286$163$84
42 years$1,271$779$460$264$148$75
43 years$1,227$742$432$244$134$67
44 years$1,186$708$405$225$122$59
45 years$1,146$675$381$208$111$53
46 years$1,109$644$357$192$101$47
47 years$1,073$614$336$177$91$42
48 years$1,039$587$316$164$83$37
49 years$1,006$560$297$151$75$33
50 years$974$535$279$140$68$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $998,000, adding $2,602 every year, while hoping to spend $37,669 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: 59/17/24 Blend
51$998,000$998,000$998,000$998,000
52$1,102,480$1,049,586$1,034,117$1,160,280
53$1,174,853$1,060,936$1,028,680$1,211,285
54$1,253,346$1,071,580$1,021,799$1,262,607
55$1,338,543$1,081,443$1,013,385$1,317,772
56$1,431,087$1,090,446$1,003,346$1,377,161
57$1,531,685$1,098,505$991,585$1,441,193
58$1,641,114$1,105,529$978,000$1,510,335
59$1,760,231$1,111,423$962,487$1,585,098
60$1,889,977$1,116,086$944,933$1,666,050
61$2,031,389$1,119,408$925,222$1,753,817
62$2,185,607$1,121,275$903,232$1,849,088
63$2,353,885$1,121,564$878,838$1,952,628
64$2,537,607$1,120,146$851,904$2,065,279
65$2,738,292$1,116,883$822,292$2,187,969
66$2,957,616$1,111,628$789,857$2,321,727
67$3,197,421$1,104,226$754,445$2,467,685
68$3,459,738$1,094,512$715,899$2,627,094
69$3,746,800$1,082,312$674,050$2,801,334
70$4,061,069$1,067,441$628,726$2,991,930
71$4,405,254$1,049,702$579,745$3,200,563
72$4,782,340$1,028,887$526,917$3,429,090
73$5,195,613$1,004,777$470,042$3,679,560
74$5,648,692$977,137$408,915$3,954,231
75$6,145,563$945,722$343,319$4,255,600
76$6,690,618$910,270$273,027$4,586,417
77$7,288,692$870,504$197,805$4,949,721
78$7,945,112$826,132$117,404$5,348,860
79$8,665,745$776,844$31,569$5,787,531
80$9,457,055$722,313$0$6,269,812
81$10,326,162$662,194$0$6,815,573
82$11,280,909$596,120$0$7,424,032
83$12,329,937$523,705$0$8,092,643
84$13,482,765$444,541$0$8,827,522
85$14,749,879$358,195$0$9,635,410
86$16,142,832$264,213$0$10,523,737
87$17,674,354$162,112$0$11,500,691
88$19,358,467$51,384$0$12,575,300
89$21,210,621$0$0$13,757,513
90$23,247,839$0$0$15,071,110
91$25,488,876$0$0$16,526,796
92$27,954,396$0$0$18,128,392
93$30,667,167$0$0$19,890,701
94$33,652,275$0$0$21,830,032
95$36,937,362$0$0$23,964,355
96$40,552,884$0$0$26,313,470
97$44,532,397$0$0$28,899,194
98$48,912,880$0$0$31,745,568
99$53,735,074$0$0$34,879,079
100$59,043,874$0$0$38,328,915