Can I retire at age 52 with 940,000?

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 $940,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$77,624$76,933$76,258$75,600$74,957$73,145
2 years$38,428$37,712$37,019$36,346$35,694$33,879
3 years$25,364$24,645$23,953$23,287$22,646$20,885
4 years$18,834$18,117$17,432$16,777$16,151$14,458
5 years$14,916$14,204$13,528$12,886$12,278$10,657
6 years$12,305$11,599$10,933$10,305$9,715$8,168
7 years$10,441$9,740$9,085$8,473$7,901$6,428
8 years$9,044$8,349$7,705$7,108$6,555$5,155
9 years$7,958$7,270$6,636$6,054$5,520$4,193
10 years$7,089$6,408$5,786$5,219$4,703$3,447
11 years$6,379$5,704$5,094$4,542$4,045$2,858
12 years$5,788$5,120$4,520$3,984$3,505$2,386
13 years$5,288$4,627$4,039$3,517$3,057$2,002
14 years$4,859$4,206$3,629$3,122$2,679$1,688
15 years$4,489$3,842$3,276$2,784$2,359$1,428
16 years$4,165$3,525$2,970$2,493$2,085$1,211
17 years$3,879$3,246$2,703$2,240$1,849$1,030
18 years$3,625$3,000$2,467$2,019$1,644$878
19 years$3,399$2,780$2,259$1,824$1,465$750
20 years$3,195$2,584$2,073$1,652$1,309$642
21 years$3,011$2,406$1,907$1,499$1,171$549
22 years$2,843$2,246$1,757$1,363$1,050$471
23 years$2,691$2,101$1,623$1,242$942$404
24 years$2,552$1,968$1,501$1,132$847$347
25 years$2,423$1,847$1,390$1,034$762$298
26 years$2,305$1,736$1,289$946$687$256
27 years$2,196$1,634$1,197$865$619$221
28 years$2,095$1,540$1,113$793$559$190
29 years$2,001$1,452$1,036$727$504$163
30 years$1,913$1,372$965$667$456$141
31 years$1,832$1,297$899$613$412$121
32 years$1,755$1,227$839$563$373$104
33 years$1,683$1,162$783$518$337$90
34 years$1,616$1,101$732$477$305$78
35 years$1,553$1,045$684$439$277$67
36 years$1,493$991$640$404$251$58
37 years$1,437$942$599$372$227$50
38 years$1,383$895$561$343$206$43
39 years$1,333$851$526$316$187$37
40 years$1,285$810$493$292$169$32
41 years$1,240$771$462$269$154$27
42 years$1,197$734$433$248$139$24
43 years$1,156$699$407$229$127$20
44 years$1,117$667$382$212$115$18
45 years$1,080$636$358$196$104$15
46 years$1,044$606$337$181$95$13
47 years$1,011$579$316$167$86$11
48 years$978$552$297$154$78$10
49 years$947$528$279$143$71$8
50 years$918$504$263$132$64$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $940,000, adding $3,379 every year, while hoping to spend $52,601 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: 53/37/10 Blend
51$940,000$940,000$940,000$940,000
52$1,039,365$989,545$974,975$1,091,624
53$1,089,414$982,066$951,670$1,120,035
54$1,142,804$972,457$925,821$1,144,950
55$1,199,821$960,559$897,287$1,170,822
56$1,260,779$946,202$865,922$1,197,753
57$1,326,019$929,207$831,572$1,225,857
58$1,395,918$909,383$794,074$1,255,263
59$1,470,888$886,529$753,262$1,286,118
60$1,551,381$860,432$708,959$1,318,583
61$1,637,895$830,866$660,982$1,352,843
62$1,730,973$797,591$609,138$1,389,104
63$1,831,215$760,355$553,226$1,427,597
64$1,939,277$718,891$493,037$1,468,579
65$2,055,882$672,916$428,353$1,512,341
66$2,181,822$622,129$358,944$1,559,206
67$2,317,971$566,216$284,571$1,609,536
68$2,465,285$504,841$204,985$1,663,735
69$2,624,817$437,652$119,925$1,722,255
70$2,797,727$364,275$29,121$1,785,599
71$2,985,286$284,316$0$1,854,328
72$3,188,895$197,357$0$1,936,301
73$3,410,094$102,960$0$2,028,767
74$3,650,578$659$0$2,129,427
75$3,912,209$0$0$2,239,177
76$4,197,039$0$0$2,403,816
77$4,507,324$0$0$2,583,544
78$4,845,547$0$0$2,779,543
79$5,214,440$0$0$2,993,407
80$5,617,012$0$0$3,226,891
81$6,056,573$0$0$3,481,927
82$6,536,768$0$0$3,760,642
83$7,061,610$0$0$4,065,378
84$7,635,515$0$0$4,398,714
85$8,263,348$0$0$4,763,488
86$8,950,463$0$0$5,162,827
87$9,702,758$0$0$5,600,171
88$10,526,727$0$0$6,079,314
89$11,429,521$0$0$6,604,428
90$12,419,015$0$0$7,180,113
91$13,503,884$0$0$7,811,431
92$14,693,680$0$0$8,503,960
93$15,998,926$0$0$9,263,844
94$17,431,211$0$0$10,097,850
95$19,003,303$0$0$11,013,430
96$20,729,262$0$0$12,018,796
97$22,624,578$0$0$13,122,992
98$24,706,317$0$0$14,335,982
99$26,993,275$0$0$15,668,742
100$29,506,160$0$0$17,133,364