Can I retire at age 52 with 916,000?

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 $916,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$75,642$74,969$74,311$73,670$73,043$72,011
2 years$37,447$36,749$36,073$35,418$34,782$33,745
3 years$24,717$24,016$23,342$22,693$22,067$21,056
4 years$18,353$17,654$16,987$16,349$15,739$14,762
5 years$14,535$13,841$13,183$12,557$11,964$11,024
6 years$11,991$11,302$10,653$10,042$9,467$8,565
7 years$10,175$9,492$8,853$8,256$7,699$6,836
8 years$8,813$8,136$7,508$6,926$6,387$5,563
9 years$7,755$7,084$6,467$5,899$5,379$4,593
10 years$6,908$6,244$5,638$5,085$4,583$3,834
11 years$6,216$5,559$4,963$4,426$3,942$3,230
12 years$5,640$4,989$4,405$3,882$3,416$2,740
13 years$5,153$4,509$3,936$3,427$2,979$2,337
14 years$4,735$4,098$3,536$3,042$2,611$2,004
15 years$4,374$3,744$3,193$2,713$2,299$1,725
16 years$4,058$3,435$2,895$2,429$2,032$1,489
17 years$3,780$3,164$2,634$2,183$1,802$1,290
18 years$3,533$2,923$2,404$1,967$1,602$1,120
19 years$3,312$2,709$2,201$1,777$1,428$974
20 years$3,113$2,518$2,020$1,610$1,275$849
21 years$2,934$2,345$1,858$1,461$1,141$741
22 years$2,771$2,189$1,713$1,328$1,023$647
23 years$2,622$2,047$1,581$1,210$918$566
24 years$2,486$1,918$1,462$1,103$825$496
25 years$2,362$1,800$1,354$1,008$743$435
26 years$2,247$1,692$1,256$921$669$381
27 years$2,140$1,592$1,166$843$603$335
28 years$2,042$1,500$1,084$773$544$294
29 years$1,950$1,415$1,009$709$491$258
30 years$1,865$1,337$940$650$444$227
31 years$1,785$1,264$876$597$401$200
32 years$1,710$1,196$818$549$363$176
33 years$1,640$1,132$763$505$329$155
34 years$1,575$1,073$713$464$298$136
35 years$1,513$1,018$667$428$270$120
36 years$1,455$966$624$394$244$105
37 years$1,400$918$584$363$221$93
38 years$1,348$872$547$334$201$82
39 years$1,299$829$512$308$182$72
40 years$1,252$789$480$284$165$64
41 years$1,208$751$450$262$150$56
42 years$1,166$715$422$242$136$49
43 years$1,126$681$396$224$123$43
44 years$1,088$650$372$206$112$38
45 years$1,052$619$349$191$102$34
46 years$1,018$591$328$176$92$30
47 years$985$564$308$163$84$26
48 years$953$538$290$150$76$23
49 years$923$514$272$139$69$20
50 years$894$491$256$128$63$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $916,000, adding $3,309 every year, while hoping to spend $36,116 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: 33/42/25 Blend
51$916,000$916,000$916,000$916,000
52$1,012,845$964,297$950,099$1,038,450
53$1,077,728$973,121$943,500$1,066,847
54$1,148,019$981,166$935,470$1,093,955
55$1,224,231$988,357$925,922$1,122,449
56$1,306,928$994,612$914,766$1,152,477
57$1,396,732$999,846$901,909$1,184,202
58$1,494,326$1,003,965$887,250$1,217,806
59$1,600,461$1,006,873$870,686$1,253,493
60$1,715,963$1,008,465$852,110$1,291,490
61$1,841,743$1,008,632$831,407$1,332,050
62$1,978,801$1,007,255$808,459$1,375,454
63$2,128,239$1,004,211$783,143$1,422,016
64$2,291,269$999,367$755,328$1,472,086
65$2,469,226$992,582$724,878$1,526,052
66$2,663,577$983,710$691,652$1,584,346
67$2,875,941$972,591$655,502$1,647,448
68$3,108,098$959,058$616,271$1,715,893
69$3,362,007$942,935$573,800$1,790,273
70$3,639,827$924,034$527,917$1,871,247
71$3,943,933$902,156$478,446$1,959,546
72$4,276,943$877,090$425,203$2,055,980
73$4,641,738$848,614$367,994$2,161,451
74$5,041,491$816,492$306,617$2,276,956
75$5,479,697$780,474$240,863$2,403,601
76$5,960,205$740,297$170,511$2,542,614
77$6,487,255$695,680$95,332$2,695,355
78$7,065,517$646,330$15,087$2,863,328
79$7,700,132$591,932$0$3,048,204
80$8,396,767$532,159$0$3,270,648
81$9,161,662$466,660$0$3,519,404
82$10,001,692$395,066$0$3,792,782
83$10,924,430$316,990$0$4,093,364
84$11,938,218$232,018$0$4,424,000
85$13,052,246$139,717$0$4,787,842
86$14,276,639$39,627$0$5,188,368
87$15,622,552$0$0$5,629,421
88$17,102,273$0$0$6,147,011
89$18,729,343$0$0$6,736,430
90$20,518,676$0$0$7,384,786
91$22,486,708$0$0$8,098,054
92$24,651,545$0$0$8,882,816
93$27,033,139$0$0$9,746,325
94$29,653,470$0$0$10,696,571
95$32,536,757$0$0$11,742,360
96$35,709,687$0$0$12,893,394
97$39,201,663$0$0$14,160,363
98$43,045,082$0$0$15,555,046
99$47,275,642$0$0$17,090,421
100$51,932,678$0$0$18,780,791