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%12.3%
1 years$76,303$75,623$74,960$74,313$73,681$72,972
2 years$37,774$37,070$36,388$35,727$35,086$34,372
3 years$24,932$24,226$23,546$22,891$22,260$21,563
4 years$18,513$17,809$17,135$16,492$15,876$15,201
5 years$14,662$13,962$13,298$12,667$12,069$11,418
6 years$12,096$11,401$10,747$10,130$9,550$8,924
7 years$10,264$9,575$8,930$8,328$7,766$7,166
8 years$8,890$8,207$7,574$6,987$6,443$5,868
9 years$7,822$7,146$6,523$5,951$5,426$4,876
10 years$6,968$6,299$5,687$5,130$4,623$4,098
11 years$6,270$5,607$5,007$4,464$3,976$3,476
12 years$5,689$5,033$4,443$3,916$3,446$2,969
13 years$5,198$4,548$3,970$3,457$3,005$2,551
14 years$4,777$4,134$3,567$3,069$2,634$2,203
15 years$4,412$3,777$3,221$2,737$2,319$1,911
16 years$4,094$3,465$2,920$2,451$2,050$1,663
17 years$3,813$3,191$2,657$2,202$1,817$1,451
18 years$3,564$2,949$2,425$1,984$1,616$1,270
19 years$3,341$2,733$2,220$1,793$1,440$1,113
20 years$3,140$2,540$2,038$1,624$1,286$978
21 years$2,959$2,366$1,874$1,474$1,151$861
22 years$2,795$2,208$1,728$1,340$1,032$758
23 years$2,645$2,065$1,595$1,220$926$669
24 years$2,508$1,935$1,475$1,113$833$591
25 years$2,382$1,816$1,366$1,017$749$523
26 years$2,266$1,707$1,267$929$675$462
27 years$2,159$1,606$1,177$851$608$409
28 years$2,059$1,513$1,094$779$549$363
29 years$1,967$1,428$1,018$715$496$322
30 years$1,881$1,348$948$656$448$285
31 years$1,800$1,275$884$602$405$253
32 years$1,725$1,206$825$554$366$225
33 years$1,655$1,142$770$509$332$200
34 years$1,589$1,083$720$468$300$177
35 years$1,526$1,027$673$431$272$158
36 years$1,468$975$629$397$246$140
37 years$1,412$926$589$366$223$124
38 years$1,360$880$552$337$202$111
39 years$1,310$836$517$311$184$98
40 years$1,263$796$484$287$166$88
41 years$1,219$758$454$265$151$78
42 years$1,176$721$426$244$137$69
43 years$1,136$687$400$225$124$62
44 years$1,098$655$375$208$113$55
45 years$1,061$625$352$192$102$49
46 years$1,027$596$331$178$93$43
47 years$993$569$311$164$84$39
48 years$962$543$292$152$77$34
49 years$931$519$275$140$70$31
50 years$902$495$258$130$63$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $924,000, adding $2,566 every year, while hoping to spend $47,453 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: 79/13/8 Blend
51$924,000$924,000$924,000$924,000
52$1,020,895$971,923$957,601$1,100,249
53$1,074,536$969,057$939,191$1,149,798
54$1,132,059$964,461$918,574$1,197,687
55$1,193,809$957,999$895,625$1,248,814
56$1,260,164$949,528$870,216$1,303,477
57$1,331,543$938,897$842,210$1,362,009
58$1,408,401$925,944$811,465$1,424,774
59$1,491,242$910,500$777,833$1,492,173
60$1,580,617$892,382$741,159$1,564,650
61$1,677,133$871,401$701,280$1,642,693
62$1,781,454$847,354$658,027$1,726,840
63$1,894,314$820,026$611,223$1,817,686
64$2,016,517$789,190$560,681$1,915,884
65$2,148,947$754,606$506,210$2,022,156
66$2,292,578$716,020$447,606$2,137,297
67$2,448,479$673,163$384,659$2,262,186
68$2,617,827$625,751$317,148$2,397,789
69$2,801,916$573,483$244,843$2,545,174
70$3,002,169$516,042$167,503$2,705,517
71$3,220,154$453,091$84,878$2,880,116
72$3,457,594$384,277$0$3,070,401
73$3,716,385$309,223$0$3,278,232
74$3,998,616$227,535$0$3,512,817
75$4,306,585$138,793$0$3,768,848
76$4,642,819$42,557$0$4,048,465
77$5,010,103$0$0$4,354,029
78$5,411,503$0$0$4,696,958
79$5,850,392$0$0$5,078,599
80$6,330,486$0$0$5,496,098
81$6,855,874$0$0$5,953,015
82$7,431,063$0$0$6,453,272
83$8,061,011$0$0$7,001,186
84$8,751,181$0$0$7,601,513
85$9,507,589$0$0$8,259,488
86$10,336,859$0$0$8,980,879
87$11,246,290$0$0$9,772,038
88$12,243,917$0$0$10,639,961
89$13,338,592$0$0$11,592,355
90$14,540,068$0$0$12,637,707
91$15,859,083$0$0$13,785,367
92$17,307,470$0$0$15,045,634
93$18,898,261$0$0$16,429,855
94$20,645,814$0$0$17,950,528
95$22,565,946$0$0$19,621,422
96$24,676,079$0$0$21,457,705
97$26,995,411$0$0$23,476,088
98$29,545,090$0$0$25,694,982
99$32,348,415$0$0$28,134,669
100$35,431,055$0$0$30,817,497