Can I retire at age 52 with 488,000?

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 $488,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$40,299$39,940$39,589$39,248$38,914$38,652
2 years$19,950$19,578$19,218$18,869$18,530$18,267
3 years$13,168$12,795$12,435$12,090$11,756$11,499
4 years$9,777$9,405$9,050$8,710$8,385$8,135
5 years$7,744$7,374$7,023$6,690$6,374$6,133
6 years$6,388$6,021$5,676$5,350$5,044$4,811
7 years$5,421$5,057$4,716$4,399$4,102$3,879
8 years$4,695$4,335$4,000$3,690$3,403$3,189
9 years$4,131$3,774$3,445$3,143$2,866$2,661
10 years$3,680$3,327$3,004$2,709$2,442$2,246
11 years$3,312$2,961$2,644$2,358$2,100$1,913
12 years$3,005$2,658$2,347$2,068$1,820$1,641
13 years$2,745$2,402$2,097$1,826$1,587$1,417
14 years$2,523$2,183$1,884$1,621$1,391$1,229
15 years$2,330$1,995$1,701$1,445$1,225$1,071
16 years$2,162$1,830$1,542$1,294$1,082$936
17 years$2,014$1,685$1,403$1,163$960$821
18 years$1,882$1,557$1,281$1,048$853$722
19 years$1,764$1,443$1,173$947$761$636
20 years$1,659$1,341$1,076$858$679$562
21 years$1,563$1,249$990$778$608$497
22 years$1,476$1,166$912$708$545$440
23 years$1,397$1,091$842$645$489$391
24 years$1,325$1,022$779$588$440$347
25 years$1,258$959$722$537$396$308
26 years$1,197$901$669$491$356$274
27 years$1,140$848$621$449$321$244
28 years$1,088$799$578$412$290$218
29 years$1,039$754$538$378$262$194
30 years$993$712$501$346$237$173
31 years$951$673$467$318$214$154
32 years$911$637$436$292$193$138
33 years$874$603$407$269$175$123
34 years$839$572$380$247$159$110
35 years$806$542$355$228$144$98
36 years$775$515$332$210$130$88
37 years$746$489$311$193$118$79
38 years$718$465$291$178$107$70
39 years$692$442$273$164$97$63
40 years$667$420$256$152$88$56
41 years$644$400$240$140$80$50
42 years$621$381$225$129$72$45
43 years$600$363$211$119$66$40
44 years$580$346$198$110$60$36
45 years$561$330$186$102$54$32
46 years$542$315$175$94$49$29
47 years$525$300$164$87$45$26
48 years$508$287$154$80$41$23
49 years$492$274$145$74$37$21
50 years$476$262$136$68$33$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $488,000, adding $6,388 every year, while hoping to spend $36,401 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: 54/17/29 Blend
51$488,000$488,000$488,000$488,000
52$544,365$518,501$510,937$569,059
53$561,160$505,177$489,323$573,513
54$578,448$489,981$465,765$574,119
55$596,241$472,781$440,159$574,058
56$614,551$453,440$412,398$573,279
57$633,389$431,813$382,367$571,730
58$652,768$407,745$349,950$569,354
59$672,698$381,073$315,021$566,094
60$693,192$351,624$277,453$561,886
61$714,261$319,217$237,111$556,664
62$735,915$283,658$193,854$550,358
63$758,165$244,743$147,534$542,894
64$781,020$202,259$98,000$534,194
65$804,491$155,976$45,090$524,175
66$828,586$105,656$0$512,750
67$853,313$51,044$0$503,345
68$878,679$0$0$507,461
69$904,689$0$0$512,603
70$931,349$0$0$527,657
71$958,660$0$0$543,072
72$986,626$0$0$558,851
73$1,015,244$0$0$574,990
74$1,044,513$0$0$591,489
75$1,074,428$0$0$608,343
76$1,104,980$0$0$625,547
77$1,136,159$0$0$643,093
78$1,167,950$0$0$660,971
79$1,200,334$0$0$679,170
80$1,233,289$0$0$697,674
81$1,266,787$0$0$716,467
82$1,300,795$0$0$735,526
83$1,335,272$0$0$754,829
84$1,370,172$0$0$774,345
85$1,405,442$0$0$794,041
86$1,441,017$0$0$813,878
87$1,476,826$0$0$833,813
88$1,512,786$0$0$853,794
89$1,548,801$0$0$873,763
90$1,584,764$0$0$893,655
91$1,620,551$0$0$913,395
92$1,656,024$0$0$932,899
93$1,691,026$0$0$952,072
94$1,725,380$0$0$970,807
95$1,758,887$0$0$988,985
96$1,791,323$0$0$1,006,470
97$1,822,439$0$0$1,023,111
98$1,851,953$0$0$1,038,741
99$1,879,551$0$0$1,053,169
100$1,904,884$0$0$1,066,187