Can I retire at age 52 with 489,000?

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 $489,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$40,381$40,021$39,671$39,328$38,994$38,332
2 years$19,991$19,618$19,258$18,908$18,568$17,904
3 years$13,195$12,821$12,461$12,114$11,781$11,134
4 years$9,797$9,425$9,068$8,728$8,402$7,778
5 years$7,760$7,389$7,037$6,704$6,387$5,787
6 years$6,401$6,034$5,687$5,361$5,054$4,480
7 years$5,432$5,067$4,726$4,408$4,110$3,561
8 years$4,705$4,343$4,008$3,697$3,410$2,886
9 years$4,140$3,782$3,452$3,149$2,872$2,373
10 years$3,688$3,333$3,010$2,715$2,447$1,973
11 years$3,318$2,968$2,650$2,363$2,104$1,654
12 years$3,011$2,664$2,352$2,072$1,823$1,397
13 years$2,751$2,407$2,101$1,830$1,590$1,186
14 years$2,528$2,188$1,888$1,624$1,394$1,012
15 years$2,335$1,999$1,704$1,448$1,227$867
16 years$2,166$1,834$1,545$1,297$1,085$745
17 years$2,018$1,689$1,406$1,165$962$642
18 years$1,886$1,561$1,284$1,050$855$555
19 years$1,768$1,446$1,175$949$762$480
20 years$1,662$1,344$1,078$859$681$416
21 years$1,566$1,252$992$780$609$361
22 years$1,479$1,169$914$709$546$314
23 years$1,400$1,093$844$646$490$273
24 years$1,327$1,024$781$589$441$238
25 years$1,261$961$723$538$396$207
26 years$1,199$903$671$492$357$181
27 years$1,143$850$623$450$322$158
28 years$1,090$801$579$413$291$138
29 years$1,041$756$539$378$262$121
30 years$995$714$502$347$237$105
31 years$953$675$468$319$214$92
32 years$913$638$436$293$194$81
33 years$876$604$408$269$175$70
34 years$841$573$381$248$159$62
35 years$808$543$356$228$144$54
36 years$777$516$333$210$130$47
37 years$747$490$312$194$118$41
38 years$720$466$292$179$107$36
39 years$693$443$273$165$97$32
40 years$669$421$256$152$88$28
41 years$645$401$240$140$80$24
42 years$623$382$225$129$73$21
43 years$601$364$212$119$66$19
44 years$581$347$199$110$60$16
45 years$562$331$186$102$54$14
46 years$543$315$175$94$49$13
47 years$526$301$165$87$45$11
48 years$509$287$155$80$41$10
49 years$493$274$145$74$37$8
50 years$477$262$137$69$34$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $489,000, adding $5,361 every year, while hoping to spend $34,917 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: 63/32/5 Blend
51$489,000$489,000$489,000$489,000
52$544,408$518,491$510,911$577,958
53$562,786$506,746$490,875$589,222
54$581,869$493,254$468,998$596,907
55$601,690$477,895$445,181$604,380
56$622,289$460,538$419,320$611,620
57$643,704$441,046$391,309$618,602
58$665,978$419,274$361,035$625,301
59$689,158$395,069$328,380$631,693
60$713,293$368,268$293,221$637,751
61$738,436$338,699$255,431$643,446
62$764,643$306,182$214,874$648,752
63$791,976$270,525$171,412$653,640
64$820,502$231,525$124,899$658,079
65$850,291$188,967$75,180$662,040
66$881,420$142,626$22,099$665,491
67$913,974$92,264$0$668,404
68$948,041$37,626$0$672,589
69$983,720$0$0$677,550
70$1,021,115$0$0$689,675
71$1,060,343$0$0$716,303
72$1,101,526$0$0$744,270
73$1,144,800$0$0$773,668
74$1,190,313$0$0$804,600
75$1,238,223$0$0$837,176
76$1,288,704$0$0$871,516
77$1,341,947$0$0$907,749
78$1,398,156$0$0$946,020
79$1,457,558$0$0$986,484
80$1,520,398$0$0$1,029,310
81$1,586,944$0$0$1,074,683
82$1,657,489$0$0$1,122,807
83$1,732,352$0$0$1,173,902
84$1,811,885$0$0$1,228,211
85$1,896,469$0$0$1,285,998
86$1,986,523$0$0$1,347,554
87$2,082,506$0$0$1,413,196
88$2,184,920$0$0$1,483,271
89$2,294,315$0$0$1,558,160
90$2,411,295$0$0$1,638,281
91$2,536,519$0$0$1,724,093
92$2,670,714$0$0$1,816,096
93$2,814,673$0$0$1,914,842
94$2,969,271$0$0$2,020,936
95$3,135,463$0$0$2,135,040
96$3,314,302$0$0$2,257,885
97$3,506,942$0$0$2,390,269
98$3,714,650$0$0$2,533,072
99$3,938,819$0$0$2,687,259
100$4,180,980$0$0$2,853,892