Can I retire at age 52 with 923,000?

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 $923,000?

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 years$76,220$75,542$74,879$74,233$73,601$72,382
2 years$37,733$37,030$36,349$35,689$35,048$33,823
3 years$24,905$24,200$23,520$22,866$22,236$21,044
4 years$18,493$17,789$17,117$16,474$15,859$14,708
5 years$14,646$13,947$13,283$12,653$12,056$10,950
6 years$12,083$11,389$10,735$10,119$9,539$8,480
7 years$10,253$9,564$8,921$8,319$7,758$6,745
8 years$8,880$8,198$7,565$6,979$6,436$5,470
9 years$7,814$7,138$6,516$5,945$5,420$4,500
10 years$6,961$6,292$5,681$5,124$4,618$3,743
11 years$6,264$5,601$5,001$4,460$3,972$3,141
12 years$5,683$5,027$4,439$3,912$3,442$2,654
13 years$5,192$4,543$3,966$3,453$3,001$2,256
14 years$4,772$4,130$3,563$3,066$2,631$1,926
15 years$4,407$3,773$3,217$2,734$2,317$1,651
16 years$4,089$3,461$2,917$2,448$2,047$1,420
17 years$3,809$3,188$2,654$2,199$1,815$1,224
18 years$3,560$2,946$2,423$1,982$1,614$1,058
19 years$3,337$2,730$2,218$1,791$1,439$917
20 years$3,137$2,537$2,036$1,622$1,285$795
21 years$2,956$2,363$1,872$1,472$1,150$691
22 years$2,792$2,206$1,726$1,339$1,031$601
23 years$2,642$2,063$1,593$1,219$925$523
24 years$2,505$1,933$1,474$1,112$832$456
25 years$2,380$1,814$1,365$1,015$748$398
26 years$2,264$1,705$1,266$928$674$347
27 years$2,157$1,604$1,175$850$608$303
28 years$2,057$1,512$1,093$779$548$265
29 years$1,965$1,426$1,017$714$495$232
30 years$1,879$1,347$947$655$447$203
31 years$1,799$1,273$883$602$405$178
32 years$1,723$1,205$824$553$366$155
33 years$1,653$1,141$769$509$331$136
34 years$1,587$1,081$719$468$300$119
35 years$1,525$1,026$672$431$272$104
36 years$1,466$973$629$397$246$91
37 years$1,411$925$588$366$223$80
38 years$1,358$879$551$337$202$70
39 years$1,309$836$516$311$183$62
40 years$1,262$795$484$287$166$54
41 years$1,217$757$454$264$151$47
42 years$1,175$721$426$244$137$41
43 years$1,135$687$399$225$124$36
44 years$1,097$655$375$208$113$32
45 years$1,060$624$352$192$102$28
46 years$1,025$595$331$177$93$25
47 years$992$568$311$164$84$21
48 years$961$542$292$151$77$19
49 years$930$518$274$140$70$17
50 years$901$495$258$129$63$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $923,000, adding $3,694 every year, while hoping to spend $59,996 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: 62/23/15 Blend
51$923,000$923,000$923,000$923,000
52$1,020,956$972,037$957,731$1,080,251
53$1,061,259$955,832$925,980$1,104,335
54$1,103,661$936,822$891,154$1,123,480
55$1,148,314$914,806$853,087$1,142,941
56$1,195,382$889,571$811,606$1,162,751
57$1,245,045$860,894$766,528$1,182,951
58$1,297,496$828,535$717,664$1,203,587
59$1,352,950$792,242$664,814$1,224,712
60$1,411,638$751,748$607,772$1,246,390
61$1,473,813$706,772$546,321$1,268,691
62$1,539,753$657,016$480,234$1,291,699
63$1,609,761$602,162$409,275$1,315,508
64$1,684,168$541,880$333,197$1,340,226
65$1,763,336$475,815$251,742$1,365,974
66$1,847,662$403,595$164,641$1,392,894
67$1,937,579$324,827$71,613$1,421,142
68$2,033,564$239,095$0$1,450,899
69$2,136,138$145,961$0$1,486,796
70$2,245,871$44,960$0$1,537,152
71$2,363,390$0$0$1,590,804
72$2,489,383$0$0$1,664,395
73$2,624,601$0$0$1,755,633
74$2,769,873$0$0$1,853,705
75$2,926,106$0$0$1,959,227
76$3,094,296$0$0$2,072,881
77$3,275,538$0$0$2,195,413
78$3,471,033$0$0$2,327,643
79$3,682,104$0$0$2,470,472
80$3,910,199$0$0$2,624,889
81$4,156,915$0$0$2,791,984
82$4,424,004$0$0$2,972,952
83$4,713,393$0$0$3,169,108
84$5,027,201$0$0$3,381,899
85$5,367,759$0$0$3,612,916
86$5,737,628$0$0$3,863,907
87$6,139,628$0$0$4,136,797
88$6,576,861$0$0$4,433,704
89$7,052,737$0$0$4,756,956
90$7,571,012$0$0$5,109,116
91$8,135,815$0$0$5,493,006
92$8,751,695$0$0$5,911,730
93$9,423,653$0$0$6,368,704
94$10,157,200$0$0$6,867,689
95$10,958,396$0$0$7,412,827
96$11,833,917$0$0$8,008,675
97$12,791,110$0$0$8,660,251
98$13,838,067$0$0$9,373,080
99$14,983,694$0$0$10,153,247
100$16,237,801$0$0$11,007,450