Can I retire at age 52 with 924,000?

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 $924,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$76,303$75,623$74,960$74,313$73,681$71,437
2 years$37,774$37,070$36,388$35,727$35,086$32,845
3 years$24,932$24,226$23,546$22,891$22,260$20,091
4 years$18,513$17,809$17,135$16,492$15,876$13,797
5 years$14,662$13,962$13,298$12,667$12,069$10,084
6 years$12,096$11,401$10,747$10,130$9,550$7,662
7 years$10,264$9,575$8,930$8,328$7,766$5,975
8 years$8,890$8,207$7,574$6,987$6,443$4,747
9 years$7,822$7,146$6,523$5,951$5,426$3,824
10 years$6,968$6,299$5,687$5,130$4,623$3,113
11 years$6,270$5,607$5,007$4,464$3,976$2,554
12 years$5,689$5,033$4,443$3,916$3,446$2,110
13 years$5,198$4,548$3,970$3,457$3,005$1,752
14 years$4,777$4,134$3,567$3,069$2,634$1,460
15 years$4,412$3,777$3,221$2,737$2,319$1,221
16 years$4,094$3,465$2,920$2,451$2,050$1,025
17 years$3,813$3,191$2,657$2,202$1,817$862
18 years$3,564$2,949$2,425$1,984$1,616$726
19 years$3,341$2,733$2,220$1,793$1,440$612
20 years$3,140$2,540$2,038$1,624$1,286$517
21 years$2,959$2,366$1,874$1,474$1,151$438
22 years$2,795$2,208$1,728$1,340$1,032$371
23 years$2,645$2,065$1,595$1,220$926$314
24 years$2,508$1,935$1,475$1,113$833$266
25 years$2,382$1,816$1,366$1,017$749$226
26 years$2,266$1,707$1,267$929$675$192
27 years$2,159$1,606$1,177$851$608$163
28 years$2,059$1,513$1,094$779$549$138
29 years$1,967$1,428$1,018$715$496$117
30 years$1,881$1,348$948$656$448$100
31 years$1,800$1,275$884$602$405$85
32 years$1,725$1,206$825$554$366$72
33 years$1,655$1,142$770$509$332$61
34 years$1,589$1,083$720$468$300$52
35 years$1,526$1,027$673$431$272$44
36 years$1,468$975$629$397$246$38
37 years$1,412$926$589$366$223$32
38 years$1,360$880$552$337$202$27
39 years$1,310$836$517$311$184$23
40 years$1,263$796$484$287$166$20
41 years$1,219$758$454$265$151$17
42 years$1,176$721$426$244$137$14
43 years$1,136$687$400$225$124$12
44 years$1,098$655$375$208$113$10
45 years$1,061$625$352$192$102$9
46 years$1,027$596$331$178$93$8
47 years$993$569$311$164$84$6
48 years$962$543$292$152$77$5
49 years$931$519$275$140$70$5
50 years$902$495$258$130$63$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $924,000, adding $2,909 every year, while hoping to spend $29,153 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: 66/15/19 Blend
51$924,000$924,000$924,000$924,000
52$1,021,249$972,277$957,955$1,083,628
53$1,094,397$988,900$959,028$1,142,414
54$1,174,030$1,005,360$959,159$1,203,027
55$1,260,778$1,021,619$958,288$1,268,589
56$1,355,334$1,037,635$956,347$1,339,585
57$1,458,463$1,053,364$953,269$1,416,550
58$1,571,004$1,068,757$948,982$1,500,074
59$1,693,884$1,083,764$943,411$1,590,807
60$1,828,121$1,098,329$936,475$1,689,465
61$1,974,836$1,112,393$928,094$1,796,839
62$2,135,263$1,125,895$918,179$1,913,800
63$2,310,762$1,138,766$906,641$2,041,309
64$2,502,830$1,150,936$893,383$2,180,423
65$2,713,115$1,162,328$878,307$2,332,311
66$2,943,431$1,172,860$861,309$2,498,258
67$3,195,777$1,182,446$842,279$2,679,685
68$3,472,354$1,190,993$821,103$2,878,153
69$3,775,585$1,198,404$797,661$3,095,389
70$4,108,142$1,204,572$771,830$3,333,292
71$4,472,964$1,209,388$743,478$3,593,959
72$4,873,290$1,212,732$712,468$3,879,700
73$5,312,688$1,214,478$678,658$4,193,061
74$5,795,088$1,214,493$641,899$4,536,852
75$6,324,819$1,212,635$602,034$4,914,167
76$6,906,649$1,208,753$558,901$5,328,419
77$7,545,831$1,202,686$512,328$5,783,371
78$8,248,154$1,194,265$462,139$6,283,171
79$9,019,992$1,183,310$408,147$6,832,390
80$9,868,368$1,169,630$350,157$7,436,069
81$10,801,022$1,153,023$287,968$8,099,765
82$11,826,478$1,133,272$221,367$8,829,602
83$12,954,129$1,110,153$150,132$9,632,334
84$14,194,323$1,083,423$74,034$10,515,403
85$15,558,461$1,052,828$0$11,487,016
86$17,059,105$1,018,097$0$12,557,671
87$18,710,096$978,946$0$13,751,995
88$20,526,683$935,071$0$15,066,008
89$22,525,668$886,154$0$16,511,880
90$24,725,567$831,856$0$18,103,022
91$27,146,776$771,819$0$19,854,214
92$29,811,774$705,664$0$21,781,745
93$32,745,327$632,993$0$23,903,563
94$35,974,723$553,383$0$26,239,452
95$39,530,033$466,388$0$28,811,209
96$43,444,391$371,535$0$31,642,860
97$47,754,305$268,326$0$34,760,879
98$52,500,006$156,236$0$38,194,444
99$57,725,823$34,708$0$41,975,708
100$63,480,604$0$0$46,140,107