Can I retire at age 52 with 918,000?

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 $918,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$75,808$75,132$74,474$73,830$73,203$71,202
2 years$37,529$36,830$36,152$35,495$34,858$32,857
3 years$24,770$24,069$23,393$22,742$22,116$20,177
4 years$18,393$17,693$17,024$16,385$15,773$13,911
5 years$14,567$13,871$13,211$12,585$11,990$10,211
6 years$12,017$11,327$10,677$10,064$9,488$7,792
7 years$10,197$9,512$8,872$8,274$7,716$6,105
8 years$8,832$8,154$7,525$6,941$6,401$4,873
9 years$7,771$7,099$6,481$5,912$5,391$3,944
10 years$6,923$6,258$5,650$5,096$4,593$3,227
11 years$6,230$5,571$4,974$4,435$3,950$2,662
12 years$5,652$5,000$4,415$3,890$3,423$2,210
13 years$5,164$4,519$3,944$3,435$2,985$1,845
14 years$4,746$4,107$3,544$3,049$2,617$1,546
15 years$4,384$3,752$3,200$2,719$2,304$1,301
16 years$4,067$3,443$2,901$2,435$2,036$1,098
17 years$3,788$3,170$2,640$2,188$1,805$928
18 years$3,540$2,930$2,410$1,971$1,605$787
19 years$3,319$2,715$2,206$1,781$1,431$668
20 years$3,120$2,523$2,025$1,613$1,278$568
21 years$2,940$2,350$1,862$1,464$1,144$483
22 years$2,777$2,194$1,716$1,331$1,025$412
23 years$2,628$2,052$1,585$1,212$920$351
24 years$2,492$1,922$1,466$1,106$827$299
25 years$2,367$1,804$1,357$1,010$744$256
26 years$2,251$1,696$1,259$923$670$218
27 years$2,145$1,596$1,169$845$604$187
28 years$2,046$1,504$1,087$774$545$160
29 years$1,954$1,418$1,011$710$493$136
30 years$1,869$1,340$942$652$445$117
31 years$1,789$1,266$878$599$402$100
32 years$1,714$1,198$819$550$364$86
33 years$1,644$1,135$765$506$329$73
34 years$1,578$1,076$715$465$298$63
35 years$1,516$1,020$668$428$270$54
36 years$1,458$968$625$395$245$46
37 years$1,403$920$585$364$222$39
38 years$1,351$874$548$335$201$34
39 years$1,302$831$513$309$182$29
40 years$1,255$791$481$285$165$25
41 years$1,211$753$451$263$150$21
42 years$1,169$717$423$243$136$18
43 years$1,129$683$397$224$124$16
44 years$1,091$651$373$207$112$13
45 years$1,054$621$350$191$102$11
46 years$1,020$592$329$176$92$10
47 years$987$565$309$163$84$8
48 years$955$539$290$151$76$7
49 years$925$515$273$139$69$6
50 years$896$492$257$129$63$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $918,000, adding $3,312 every year, while hoping to spend $35,531 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: 60/24/16 Blend
51$918,000$918,000$918,000$918,000
52$1,015,052$966,398$952,169$1,071,636
53$1,080,783$975,947$946,262$1,119,753
54$1,152,027$984,773$938,967$1,167,969
55$1,229,310$992,803$930,198$1,219,736
56$1,313,209$999,959$919,869$1,275,402
57$1,404,358$1,006,159$907,886$1,335,352
58$1,503,457$1,011,315$894,154$1,400,009
59$1,611,273$1,015,333$878,572$1,469,841
60$1,728,651$1,018,113$861,033$1,545,364
61$1,856,523$1,019,550$841,427$1,627,148
62$1,995,911$1,019,531$819,638$1,715,823
63$2,147,943$1,017,937$795,545$1,812,085
64$2,313,859$1,014,641$769,020$1,916,699
65$2,495,022$1,009,508$739,933$2,030,514
66$2,692,937$1,002,396$708,143$2,154,463
67$2,909,256$993,154$673,505$2,289,578
68$3,145,802$981,620$635,869$2,436,999
69$3,404,579$967,625$595,076$2,597,982
70$3,687,796$950,988$550,961$2,773,915
71$3,997,883$931,518$503,350$2,966,327
72$4,337,517$909,013$452,063$3,176,910
73$4,709,648$883,259$396,911$3,407,528
74$5,117,522$854,028$337,697$3,660,236
75$5,564,715$821,081$274,216$3,937,307
76$6,055,165$784,164$206,252$4,241,245
77$6,593,212$743,007$133,580$4,574,813
78$7,183,632$697,327$55,968$4,941,060
79$7,831,689$646,823$0$5,343,352
80$8,543,181$591,177$0$5,789,984
81$9,324,494$530,053$0$6,290,960
82$10,182,663$463,096$0$6,841,277
83$11,125,437$389,931$0$7,445,965
84$12,161,356$310,162$0$8,110,568
85$13,299,823$223,369$0$8,841,201
86$14,551,201$129,110$0$9,644,602
87$15,926,907$26,919$0$10,528,202
88$17,439,515$0$0$11,500,193
89$19,102,884$0$0$12,591,708
90$20,932,279$0$0$13,800,072
91$22,944,521$0$0$15,129,296
92$25,158,142$0$0$16,591,631
93$27,593,561$0$0$18,200,577
94$30,273,275$0$0$19,971,009
95$33,222,072$0$0$21,919,315
96$36,467,266$0$0$24,063,553
97$40,038,951$0$0$26,423,620
98$43,970,287$0$0$29,021,440
99$48,297,810$0$0$31,881,170
100$53,061,782$0$0$35,029,427