Can I retire at age 52 with 989,000?

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 $989,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$81,671$80,943$80,233$79,541$78,864$77,052
2 years$40,431$39,678$38,948$38,241$37,554$35,738
3 years$26,686$25,930$25,202$24,501$23,826$22,063
4 years$19,815$19,061$18,341$17,652$16,993$15,297
5 years$15,694$14,944$14,233$13,558$12,918$11,293
6 years$12,947$12,203$11,502$10,843$10,221$8,670
7 years$10,986$10,248$9,559$8,914$8,313$6,835
8 years$9,515$8,785$8,106$7,478$6,896$5,491
9 years$8,373$7,649$6,982$6,370$5,808$4,474
10 years$7,459$6,742$6,087$5,491$4,948$3,685
11 years$6,712$6,002$5,359$4,779$4,256$3,061
12 years$6,089$5,387$4,756$4,191$3,688$2,560
13 years$5,563$4,868$4,249$3,700$3,216$2,153
14 years$5,113$4,425$3,818$3,285$2,819$1,818
15 years$4,723$4,042$3,447$2,929$2,482$1,541
16 years$4,382$3,709$3,125$2,623$2,194$1,311
17 years$4,081$3,416$2,844$2,357$1,945$1,117
18 years$3,814$3,156$2,596$2,124$1,730$955
19 years$3,576$2,925$2,377$1,919$1,542$817
20 years$3,361$2,718$2,181$1,738$1,377$700
21 years$3,168$2,532$2,006$1,577$1,232$601
22 years$2,992$2,363$1,849$1,434$1,104$517
23 years$2,831$2,210$1,707$1,306$991$444
24 years$2,685$2,071$1,579$1,191$891$382
25 years$2,550$1,944$1,462$1,088$802$329
26 years$2,426$1,827$1,356$995$722$284
27 years$2,311$1,719$1,259$911$651$245
28 years$2,204$1,620$1,171$834$588$211
29 years$2,105$1,528$1,090$765$531$182
30 years$2,013$1,443$1,015$702$479$157
31 years$1,927$1,364$946$645$433$136
32 years$1,847$1,291$883$593$392$117
33 years$1,771$1,223$824$545$355$101
34 years$1,700$1,159$770$501$321$88
35 years$1,634$1,099$720$462$291$76
36 years$1,571$1,043$674$425$264$65
37 years$1,511$991$630$392$239$57
38 years$1,455$942$590$361$217$49
39 years$1,402$895$553$333$196$42
40 years$1,352$852$518$307$178$37
41 years$1,304$811$486$283$162$32
42 years$1,259$772$456$261$147$27
43 years$1,216$736$428$241$133$24
44 years$1,175$701$402$223$121$20
45 years$1,136$669$377$206$110$18
46 years$1,099$638$354$190$100$15
47 years$1,063$609$333$176$90$13
48 years$1,029$581$313$162$82$11
49 years$997$555$294$150$75$10
50 years$966$530$276$139$68$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $989,000, adding $4,635 every year, while hoping to spend $50,347 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: 64/15/21 Blend
51$989,000$989,000$989,000$989,000
52$1,094,659$1,042,242$1,026,913$1,158,533
53$1,152,745$1,039,743$1,007,745$1,199,595
54$1,215,069$1,035,434$986,248$1,238,342
55$1,282,009$1,029,174$962,291$1,279,508
56$1,353,982$1,020,811$935,736$1,323,332
57$1,431,444$1,010,187$906,439$1,370,082
58$1,514,897$997,131$874,250$1,420,051
59$1,604,892$981,466$839,012$1,473,567
60$1,702,033$963,000$800,562$1,530,990
61$1,806,987$941,533$758,726$1,592,721
62$1,920,483$916,852$713,327$1,659,203
63$2,043,324$888,730$664,176$1,730,926
64$2,176,395$856,929$611,078$1,808,434
65$2,320,666$821,197$553,827$1,892,326
66$2,477,204$781,266$492,210$1,983,268
67$2,647,183$736,852$426,004$2,081,995
68$2,831,895$687,658$354,975$2,189,320
69$3,032,761$633,366$278,879$2,306,142
70$3,251,344$573,642$197,463$2,433,457
71$3,489,364$508,133$110,460$2,572,365
72$3,748,712$436,465$17,594$2,724,081
73$4,031,472$358,243$0$2,889,949
74$4,339,936$273,050$0$3,089,720
75$4,676,627$180,447$0$3,312,166
76$5,044,321$79,968$0$3,555,224
77$5,446,077$0$0$3,820,975
78$5,885,260$0$0$4,116,475
79$6,365,576$0$0$4,454,153
80$6,891,104$0$0$4,823,683
81$7,466,338$0$0$5,228,235
82$8,096,225$0$0$5,671,297
83$8,786,212$0$0$6,156,708
84$9,542,299$0$0$6,688,700
85$10,371,093$0$0$7,271,932
86$11,279,873$0$0$7,911,534
87$12,276,652$0$0$8,613,158
88$13,370,258$0$0$9,383,030
89$14,570,417$0$0$10,228,005
90$15,887,838$0$0$11,155,637
91$17,334,320$0$0$12,174,245
92$18,922,859$0$0$13,292,994
93$20,667,774$0$0$14,521,980
94$22,584,835$0$0$15,872,326
95$24,691,419$0$0$17,356,283
96$27,006,666$0$0$18,987,351
97$29,551,665$0$0$20,780,401
98$32,349,649$0$0$22,751,817
99$35,426,215$0$0$24,919,649
100$38,809,563$0$0$27,303,786