Can I retire at age 52 with 924,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%14.1%
1 years$76,303$75,623$74,960$74,313$73,681$72,431
2 years$37,774$37,070$36,388$35,727$35,086$33,830
3 years$24,932$24,226$23,546$22,891$22,260$21,038
4 years$18,513$17,809$17,135$16,492$15,876$14,697
5 years$14,662$13,962$13,298$12,667$12,069$10,936
6 years$12,096$11,401$10,747$10,130$9,550$8,464
7 years$10,264$9,575$8,930$8,328$7,766$6,729
8 years$8,890$8,207$7,574$6,987$6,443$5,454
9 years$7,822$7,146$6,523$5,951$5,426$4,484
10 years$6,968$6,299$5,687$5,130$4,623$3,727
11 years$6,270$5,607$5,007$4,464$3,976$3,126
12 years$5,689$5,033$4,443$3,916$3,446$2,640
13 years$5,198$4,548$3,970$3,457$3,005$2,242
14 years$4,777$4,134$3,567$3,069$2,634$1,913
15 years$4,412$3,777$3,221$2,737$2,319$1,639
16 years$4,094$3,465$2,920$2,451$2,050$1,408
17 years$3,813$3,191$2,657$2,202$1,817$1,214
18 years$3,564$2,949$2,425$1,984$1,616$1,048
19 years$3,341$2,733$2,220$1,793$1,440$907
20 years$3,140$2,540$2,038$1,624$1,286$786
21 years$2,959$2,366$1,874$1,474$1,151$683
22 years$2,795$2,208$1,728$1,340$1,032$593
23 years$2,645$2,065$1,595$1,220$926$516
24 years$2,508$1,935$1,475$1,113$833$450
25 years$2,382$1,816$1,366$1,017$749$392
26 years$2,266$1,707$1,267$929$675$342
27 years$2,159$1,606$1,177$851$608$298
28 years$2,059$1,513$1,094$779$549$261
29 years$1,967$1,428$1,018$715$496$228
30 years$1,881$1,348$948$656$448$199
31 years$1,800$1,275$884$602$405$174
32 years$1,725$1,206$825$554$366$152
33 years$1,655$1,142$770$509$332$133
34 years$1,589$1,083$720$468$300$117
35 years$1,526$1,027$673$431$272$102
36 years$1,468$975$629$397$246$89
37 years$1,412$926$589$366$223$78
38 years$1,360$880$552$337$202$68
39 years$1,310$836$517$311$184$60
40 years$1,263$796$484$287$166$52
41 years$1,219$758$454$265$151$46
42 years$1,176$721$426$244$137$40
43 years$1,136$687$400$225$124$35
44 years$1,098$655$375$208$113$31
45 years$1,061$625$352$192$102$27
46 years$1,027$596$331$178$93$24
47 years$993$569$311$164$84$21
48 years$962$543$292$152$77$18
49 years$931$519$275$140$70$16
50 years$902$495$258$130$63$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $924,000, adding $5,623 every year, while hoping to spend $54,049 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: 30/47/23 Blend
51$924,000$924,000$924,000$924,000
52$1,024,048$975,076$960,754$1,047,312
53$1,070,993$965,347$935,432$1,055,900
54$1,120,915$953,330$907,449$1,059,939
55$1,174,061$938,855$876,661$1,063,168
56$1,230,700$921,744$842,914$1,065,553
57$1,291,128$901,806$806,048$1,067,059
58$1,355,669$878,841$765,897$1,067,656
59$1,424,678$852,634$722,285$1,067,312
60$1,498,544$822,962$675,030$1,066,004
61$1,577,693$789,585$623,942$1,063,709
62$1,662,594$752,251$568,820$1,060,410
63$1,753,760$710,693$509,457$1,056,096
64$1,851,755$664,628$445,635$1,050,763
65$1,957,197$613,758$377,127$1,044,413
66$2,070,767$557,768$303,696$1,037,060
67$2,193,209$496,322$225,094$1,028,728
68$2,325,344$429,070$141,062$1,019,451
69$2,468,072$355,637$51,331$1,009,279
70$2,622,383$275,631$0$998,280
71$2,789,365$188,635$0$997,441
72$2,970,213$94,211$0$1,010,117
73$3,166,241$0$0$1,023,904
74$3,378,897$0$0$1,043,228
75$3,609,769$0$0$1,117,228
76$3,860,606$0$0$1,197,756
77$4,133,331$0$0$1,285,444
78$4,430,061$0$0$1,380,990
79$4,753,124$0$0$1,485,162
80$5,105,083$0$0$1,598,804
81$5,488,756$0$0$1,722,844
82$5,907,246$0$0$1,858,308
83$6,363,970$0$0$2,006,320
84$6,862,687$0$0$2,168,121
85$7,407,534$0$0$2,345,076
86$8,003,069$0$0$2,538,688
87$8,654,308$0$0$2,750,613
88$9,366,773$0$0$2,982,673
89$10,146,546$0$0$3,236,876
90$11,000,323$0$0$3,515,431
91$11,935,478$0$0$3,820,773
92$12,960,133$0$0$4,155,584
93$14,083,230$0$0$4,522,815
94$15,314,620$0$0$4,925,720
95$16,665,151$0$0$5,367,881
96$18,146,772$0$0$5,853,244
97$19,772,645$0$0$6,386,156
98$21,557,266$0$0$6,971,405
99$23,516,604$0$0$7,614,266
100$25,668,250$0$0$8,320,550