Can I retire at age 52 with 938,000?

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 $938,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$77,459$76,769$76,096$75,439$74,797$74,482
2 years$38,346$37,632$36,940$36,269$35,618$35,300
3 years$25,310$24,593$23,903$23,238$22,597$22,286
4 years$18,793$18,078$17,395$16,741$16,117$15,815
5 years$14,884$14,174$13,499$12,859$12,252$11,960
6 years$12,279$11,574$10,909$10,283$9,694$9,413
7 years$10,419$9,720$9,066$8,455$7,884$7,613
8 years$9,025$8,332$7,688$7,092$6,541$6,280
9 years$7,941$7,254$6,622$6,041$5,508$5,259
10 years$7,074$6,394$5,773$5,208$4,693$4,454
11 years$6,365$5,692$5,083$4,532$4,036$3,808
12 years$5,775$5,109$4,511$3,975$3,498$3,279
13 years$5,276$4,617$4,030$3,510$3,050$2,842
14 years$4,849$4,197$3,621$3,115$2,674$2,475
15 years$4,479$3,834$3,269$2,778$2,354$2,165
16 years$4,156$3,518$2,964$2,488$2,081$1,901
17 years$3,871$3,240$2,697$2,235$1,845$1,674
18 years$3,618$2,993$2,462$2,014$1,640$1,478
19 years$3,391$2,774$2,254$1,820$1,462$1,308
20 years$3,188$2,578$2,069$1,649$1,306$1,160
21 years$3,004$2,401$1,903$1,496$1,169$1,031
22 years$2,837$2,242$1,754$1,360$1,048$917
23 years$2,685$2,096$1,619$1,239$940$817
24 years$2,546$1,964$1,497$1,130$845$729
25 years$2,418$1,843$1,387$1,032$761$651
26 years$2,300$1,732$1,286$944$685$582
27 years$2,192$1,630$1,194$864$618$521
28 years$2,091$1,536$1,110$791$557$466
29 years$1,997$1,449$1,033$726$503$418
30 years$1,909$1,369$963$666$455$374
31 years$1,828$1,294$897$612$411$336
32 years$1,751$1,224$837$562$372$301
33 years$1,680$1,159$782$517$337$270
34 years$1,613$1,099$730$476$305$243
35 years$1,549$1,042$683$438$276$218
36 years$1,490$989$639$403$250$196
37 years$1,434$940$598$371$227$176
38 years$1,380$893$560$342$205$158
39 years$1,330$849$525$316$186$142
40 years$1,282$808$492$291$169$128
41 years$1,237$769$461$269$153$115
42 years$1,194$732$432$248$139$104
43 years$1,153$698$406$229$126$93
44 years$1,114$665$381$211$115$84
45 years$1,077$634$358$195$104$75
46 years$1,042$605$336$180$94$68
47 years$1,008$577$316$167$86$61
48 years$976$551$297$154$78$55
49 years$945$526$279$142$71$50
50 years$916$503$262$131$64$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $938,000, adding $4,243 every year, while hoping to spend $53,884 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: 76/16/8 Blend
51$938,000$938,000$938,000$938,000
52$1,038,053$988,339$973,800$1,115,401
53$1,086,602$979,435$949,090$1,157,957
54$1,138,297$968,289$921,746$1,197,281
55$1,193,402$954,734$891,624$1,238,831
56$1,252,207$938,594$858,571$1,282,808
57$1,315,028$919,681$822,428$1,329,434
58$1,382,211$897,796$783,030$1,378,951
59$1,454,139$872,730$740,204$1,431,629
60$1,531,228$844,260$693,768$1,487,767
61$1,613,936$812,152$643,532$1,547,691
62$1,702,766$776,156$589,298$1,611,766
63$1,798,269$736,008$530,861$1,680,392
64$1,901,050$691,431$468,003$1,754,012
65$2,011,776$642,129$400,499$1,833,114
66$2,131,175$587,791$328,113$1,918,239
67$2,260,049$528,088$250,600$2,009,983
68$2,399,282$462,672$167,703$2,109,004
69$2,549,840$391,174$79,152$2,216,031
70$2,712,789$313,207$0$2,331,867
71$2,889,298$228,359$0$2,458,710
72$3,080,656$136,198$0$2,603,524
73$3,288,277$36,265$0$2,760,656
74$3,513,716$0$0$2,931,326
75$3,758,687$0$0$3,129,546
76$4,025,072$0$0$3,352,068
77$4,314,943$0$0$3,594,242
78$4,630,578$0$0$3,857,975
79$4,974,487$0$0$4,145,369
80$5,349,430$0$0$4,458,734
81$5,758,445$0$0$4,800,614
82$6,204,876$0$0$5,173,809
83$6,692,403$0$0$5,581,402
84$7,225,079$0$0$6,026,784
85$7,807,364$0$0$6,513,692
86$8,444,170$0$0$7,046,239
87$9,140,905$0$0$7,628,951
88$9,903,523$0$0$8,266,817
89$10,738,580$0$0$8,965,325
90$11,653,298$0$0$9,730,523
91$12,655,627$0$0$10,569,070
92$13,754,326$0$0$11,488,298
93$14,959,038$0$0$12,496,285
94$16,280,386$0$0$13,601,926
95$17,730,071$0$0$14,815,020
96$19,320,980$0$0$16,146,359
97$21,067,309$0$0$17,607,830
98$22,984,694$0$0$19,212,530
99$25,090,362$0$0$20,974,884
100$27,403,285$0$0$22,910,782