Can I retire at age 52 with 990,000?

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 $990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$81,753$81,025$80,315$79,621$78,944$78,152
2 years$40,472$39,718$38,988$38,279$37,592$36,795
3 years$26,713$25,956$25,228$24,526$23,850$23,072
4 years$19,835$19,081$18,359$17,670$17,010$16,257
5 years$15,710$14,959$14,248$13,572$12,931$12,205
6 years$12,960$12,215$11,514$10,854$10,232$9,534
7 years$10,997$10,259$9,568$8,923$8,321$7,651
8 years$9,525$8,793$8,115$7,486$6,903$6,262
9 years$8,381$7,656$6,989$6,376$5,813$5,200
10 years$7,466$6,749$6,093$5,496$4,953$4,368
11 years$6,718$6,008$5,364$4,783$4,260$3,702
12 years$6,095$5,392$4,761$4,196$3,692$3,160
13 years$5,569$4,873$4,253$3,704$3,219$2,714
14 years$5,118$4,430$3,822$3,288$2,822$2,342
15 years$4,727$4,046$3,451$2,932$2,485$2,030
16 years$4,386$3,713$3,128$2,626$2,196$1,765
17 years$4,085$3,419$2,847$2,359$1,947$1,539
18 years$3,818$3,159$2,599$2,126$1,731$1,346
19 years$3,579$2,928$2,379$1,921$1,543$1,179
20 years$3,365$2,721$2,183$1,740$1,378$1,035
21 years$3,171$2,534$2,008$1,579$1,233$910
22 years$2,995$2,366$1,851$1,436$1,106$802
23 years$2,834$2,213$1,709$1,308$992$707
24 years$2,687$2,073$1,581$1,193$892$624
25 years$2,552$1,946$1,464$1,089$803$551
26 years$2,428$1,829$1,358$996$723$487
27 years$2,313$1,721$1,261$912$652$431
28 years$2,206$1,622$1,172$835$588$382
29 years$2,107$1,530$1,091$766$531$338
30 years$2,015$1,445$1,016$703$480$300
31 years$1,929$1,366$947$646$434$266
32 years$1,848$1,292$884$593$392$236
33 years$1,773$1,224$825$546$355$209
34 years$1,702$1,160$771$502$322$186
35 years$1,635$1,100$721$462$291$165
36 years$1,572$1,044$674$426$264$146
37 years$1,513$992$631$392$239$130
38 years$1,457$942$591$361$217$115
39 years$1,404$896$554$333$197$103
40 years$1,353$853$519$307$178$91
41 years$1,306$812$487$284$162$81
42 years$1,260$773$456$262$147$72
43 years$1,217$737$428$242$133$64
44 years$1,176$702$402$223$121$57
45 years$1,137$669$378$206$110$51
46 years$1,100$639$355$190$100$45
47 years$1,064$609$333$176$91$40
48 years$1,030$582$313$162$82$36
49 years$998$556$294$150$75$32
50 years$967$531$277$139$68$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $990,000, adding $6,690 every year, while hoping to spend $58,478 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: 60/19/21 Blend
51$990,000$990,000$990,000$990,000
52$1,097,881$1,045,411$1,030,066$1,157,305
53$1,147,644$1,034,416$1,002,353$1,187,362
54$1,200,524$1,020,922$971,752$1,213,147
55$1,256,776$1,004,745$938,103$1,239,971
56$1,316,680$985,691$901,243$1,267,943
57$1,380,543$963,552$860,996$1,297,189
58$1,448,701$938,109$817,183$1,327,847
59$1,521,523$909,130$769,613$1,360,075
60$1,599,412$876,371$718,088$1,394,046
61$1,682,811$839,572$662,403$1,429,958
62$1,772,204$798,458$602,340$1,468,029
63$1,868,124$752,738$537,674$1,508,505
64$1,971,156$702,105$468,169$1,551,660
65$2,081,940$646,234$393,579$1,597,800
66$2,201,181$584,782$313,646$1,647,267
67$2,329,651$517,386$228,103$1,700,440
68$2,468,199$443,661$136,668$1,757,744
69$2,617,758$363,204$39,049$1,819,651
70$2,779,353$275,584$0$1,886,689
71$2,954,110$180,351$0$1,974,035
72$3,143,267$77,026$0$2,078,035
73$3,348,185$0$0$2,190,727
74$3,570,360$0$0$2,320,290
75$3,811,438$0$0$2,478,417
76$4,073,228$0$0$2,650,199
77$4,357,721$0$0$2,836,950
78$4,667,107$0$0$3,040,118
79$5,003,794$0$0$3,261,294
80$5,370,433$0$0$3,502,229
81$5,769,942$0$0$3,764,850
82$6,205,530$0$0$4,051,278
83$6,680,730$0$0$4,363,848
84$7,199,431$0$0$4,705,129
85$7,765,913$0$0$5,077,951
86$8,384,889$0$0$5,485,426
87$9,061,546$0$0$5,930,984
88$9,801,596$0$0$6,418,399
89$10,611,328$0$0$6,951,828
90$11,497,667$0$0$7,535,847
91$12,468,239$0$0$8,175,497
92$13,531,439$0$0$8,876,327
93$14,696,516$0$0$9,644,450
94$15,973,654$0$0$10,486,598
95$17,374,071$0$0$11,410,186
96$18,910,120$0$0$12,423,378
97$20,595,408$0$0$13,535,171
98$22,444,924$0$0$14,755,472
99$24,475,177$0$0$16,095,194
100$26,704,354$0$0$17,566,361