Can I retire at age 52 with 929,000?

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 $929,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$76,716$76,033$75,366$74,715$74,080$73,124
2 years$37,978$37,271$36,585$35,921$35,276$34,314
3 years$25,067$24,357$23,673$23,015$22,381$21,443
4 years$18,613$17,905$17,228$16,581$15,962$15,056
5 years$14,742$14,038$13,370$12,736$12,134$11,262
6 years$12,161$11,463$10,805$10,185$9,601$8,764
7 years$10,319$9,626$8,979$8,374$7,808$7,006
8 years$8,938$8,252$7,615$7,024$6,478$5,711
9 years$7,865$7,185$6,559$5,983$5,455$4,723
10 years$7,006$6,333$5,718$5,158$4,648$3,951
11 years$6,304$5,638$5,034$4,489$3,998$3,334
12 years$5,720$5,060$4,467$3,937$3,464$2,833
13 years$5,226$4,573$3,991$3,476$3,021$2,422
14 years$4,803$4,157$3,586$3,086$2,648$2,081
15 years$4,436$3,797$3,238$2,752$2,332$1,795
16 years$4,116$3,484$2,936$2,464$2,061$1,553
17 years$3,833$3,208$2,671$2,214$1,827$1,348
18 years$3,583$2,965$2,439$1,995$1,625$1,173
19 years$3,359$2,748$2,232$1,803$1,448$1,022
20 years$3,157$2,553$2,049$1,633$1,293$893
21 years$2,975$2,378$1,884$1,482$1,157$781
22 years$2,810$2,220$1,737$1,347$1,037$684
23 years$2,660$2,076$1,604$1,227$931$600
24 years$2,522$1,945$1,483$1,119$837$527
25 years$2,395$1,826$1,374$1,022$753$463
26 years$2,278$1,716$1,274$934$678$407
27 years$2,171$1,615$1,183$855$612$358
28 years$2,071$1,522$1,100$784$552$315
29 years$1,978$1,435$1,023$719$498$278
30 years$1,891$1,356$953$660$450$245
31 years$1,810$1,282$889$606$407$216
32 years$1,735$1,213$829$557$368$190
33 years$1,664$1,148$774$512$333$168
34 years$1,597$1,088$723$471$302$148
35 years$1,534$1,032$676$434$273$131
36 years$1,475$980$633$399$248$115
37 years$1,420$931$592$368$224$102
38 years$1,367$884$555$339$203$90
39 years$1,317$841$520$313$185$79
40 years$1,270$800$487$288$167$70
41 years$1,225$762$457$266$152$62
42 years$1,183$725$428$246$138$55
43 years$1,142$691$402$227$125$48
44 years$1,104$659$377$209$114$43
45 years$1,067$628$354$193$103$38
46 years$1,032$599$333$179$94$33
47 years$999$572$313$165$85$30
48 years$967$546$294$152$77$26
49 years$936$521$276$141$70$23
50 years$907$498$260$130$64$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $929,000, adding $2,967 every year, while hoping to spend $41,575 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: 50/44/6 Blend
51$929,000$929,000$929,000$929,000
52$1,026,818$977,581$963,182$1,076,488
53$1,087,318$981,247$951,213$1,114,300
54$1,152,596$983,700$937,450$1,150,651
55$1,223,095$984,835$921,788$1,189,155
56$1,299,302$984,543$904,119$1,230,025
57$1,381,752$982,707$884,329$1,273,495
58$1,471,035$979,205$862,299$1,319,825
59$1,567,798$973,903$837,903$1,369,303
60$1,672,753$966,663$811,012$1,422,249
61$1,786,681$957,337$781,488$1,479,017
62$1,910,444$945,769$749,190$1,540,002
63$2,044,989$931,791$713,968$1,605,638
64$2,191,358$915,228$675,665$1,676,409
65$2,350,696$895,894$634,120$1,752,850
66$2,524,265$873,591$589,161$1,835,555
67$2,713,453$848,110$540,610$1,925,182
68$2,919,787$819,229$488,282$2,022,457
69$3,144,948$786,714$431,983$2,128,187
70$3,390,787$750,317$371,508$2,243,266
71$3,659,340$709,776$306,647$2,368,681
72$3,952,851$664,813$237,178$2,505,526
73$4,273,789$615,135$162,870$2,655,013
74$4,624,870$560,432$83,481$2,818,480
75$5,009,090$500,376$0$2,997,411
76$5,429,743$434,620$0$3,193,526
77$5,890,459$362,799$0$3,414,266
78$6,395,235$284,525$0$3,656,306
79$6,948,472$199,391$0$3,921,883
80$7,555,019$106,963$0$4,213,469
81$8,220,214$6,788$0$4,533,795
82$8,949,939$0$0$4,885,880
83$9,750,670$0$0$5,322,258
84$10,629,543$0$0$5,804,931
85$11,594,416$0$0$6,334,940
86$12,653,947$0$0$6,917,053
87$13,817,673$0$0$7,556,525
88$15,096,099$0$0$8,259,142
89$16,500,799$0$0$9,031,279
90$18,044,522$0$0$9,879,960
91$19,741,315$0$0$10,812,922
92$21,606,654$0$0$11,838,690
93$23,657,586$0$0$12,966,657
94$25,912,895$0$0$14,207,169
95$28,393,276$0$0$15,571,628
96$31,121,530$0$0$17,072,594
97$34,122,778$0$0$18,723,908
98$37,424,700$0$0$20,540,817
99$41,057,791$0$0$22,540,125
100$45,055,655$0$0$24,740,342