Can I retire at age 52 with 941,000?

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 $941,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$77,707$77,015$76,339$75,680$75,037$73,492
2 years$38,469$37,752$37,058$36,385$35,732$34,182
3 years$25,391$24,672$23,979$23,312$22,670$21,164
4 years$18,854$18,136$17,451$16,795$16,168$14,718
5 years$14,932$14,219$13,542$12,900$12,291$10,900
6 years$12,319$11,611$10,944$10,316$9,725$8,395
7 years$10,453$9,751$9,095$8,482$7,909$6,641
8 years$9,054$8,358$7,713$7,115$6,562$5,354
9 years$7,966$7,277$6,643$6,060$5,526$4,378
10 years$7,097$6,415$5,792$5,224$4,708$3,620
11 years$6,386$5,711$5,099$4,547$4,049$3,018
12 years$5,794$5,125$4,525$3,988$3,509$2,534
13 years$5,293$4,632$4,043$3,521$3,060$2,139
14 years$4,865$4,210$3,633$3,125$2,682$1,814
15 years$4,493$3,846$3,280$2,787$2,362$1,545
16 years$4,169$3,529$2,974$2,496$2,087$1,319
17 years$3,883$3,250$2,706$2,242$1,851$1,129
18 years$3,629$3,003$2,470$2,021$1,646$969
19 years$3,402$2,783$2,261$1,826$1,467$833
20 years$3,198$2,586$2,075$1,654$1,310$717
21 years$3,014$2,409$1,909$1,501$1,172$619
22 years$2,847$2,249$1,759$1,365$1,051$534
23 years$2,694$2,103$1,624$1,243$943$461
24 years$2,554$1,971$1,502$1,134$848$399
25 years$2,426$1,849$1,391$1,035$763$345
26 years$2,308$1,738$1,290$947$687$299
27 years$2,199$1,636$1,198$866$620$259
28 years$2,097$1,541$1,114$794$559$225
29 years$2,003$1,454$1,037$728$505$195
30 years$1,915$1,373$966$668$456$169
31 years$1,834$1,298$900$614$412$147
32 years$1,757$1,228$840$564$373$127
33 years$1,685$1,163$784$519$338$111
34 years$1,618$1,102$733$477$306$96
35 years$1,554$1,046$685$439$277$83
36 years$1,495$992$641$404$251$72
37 years$1,438$943$600$373$227$63
38 years$1,385$896$562$344$206$55
39 years$1,334$852$526$317$187$48
40 years$1,286$810$493$292$170$41
41 years$1,241$771$463$270$154$36
42 years$1,198$735$434$249$140$31
43 years$1,157$700$407$230$127$27
44 years$1,118$667$382$212$115$24
45 years$1,081$636$359$196$104$20
46 years$1,045$607$337$181$95$18
47 years$1,012$579$317$167$86$15
48 years$979$553$298$154$78$13
49 years$948$528$280$143$71$12
50 years$919$504$263$132$64$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $941,000, adding $3,744 every year, while hoping to spend $27,031 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: 58/34/8 Blend
51$941,000$941,000$941,000$941,000
52$1,040,844$990,971$976,385$1,099,130
53$1,118,249$1,010,768$980,334$1,158,552
54$1,202,644$1,030,629$983,508$1,219,911
55$1,294,712$1,050,528$985,854$1,286,122
56$1,395,208$1,070,439$987,315$1,357,653
57$1,504,960$1,090,331$987,831$1,435,017
58$1,624,880$1,110,172$987,338$1,518,782
59$1,755,975$1,129,927$985,771$1,609,572
60$1,899,350$1,149,560$983,060$1,708,075
61$2,056,224$1,169,028$979,132$1,815,050
62$2,227,938$1,188,289$973,912$1,931,332
63$2,415,969$1,207,297$967,320$2,057,842
64$2,621,944$1,226,000$959,271$2,195,595
65$2,847,654$1,244,346$949,678$2,345,710
66$3,095,071$1,262,276$938,450$2,509,419
67$3,366,370$1,279,729$925,489$2,688,082
68$3,663,943$1,296,639$910,696$2,883,196
69$3,990,425$1,312,934$893,964$3,096,412
70$4,348,720$1,328,540$875,184$3,329,550
71$4,742,027$1,343,376$854,240$3,584,616
72$5,173,868$1,357,355$831,011$3,863,821
73$5,648,123$1,370,386$805,370$4,169,602
74$6,169,068$1,382,371$777,186$4,504,646
75$6,741,411$1,393,206$746,321$4,871,914
76$7,370,341$1,402,779$712,629$5,274,670
77$8,061,573$1,410,972$675,959$5,716,513
78$8,821,404$1,417,660$636,154$6,201,411
79$9,656,770$1,422,709$593,048$6,733,734
80$10,575,314$1,425,975$546,469$7,318,304
81$11,585,457$1,427,309$496,236$7,960,434
82$12,696,475$1,426,549$442,162$8,665,980
83$13,918,591$1,423,524$384,049$9,441,398
84$15,263,065$1,418,055$321,692$10,293,806
85$16,742,305$1,409,948$254,877$11,231,048
86$18,369,985$1,398,999$183,380$12,261,771
87$20,161,166$1,384,993$106,966$13,395,507
88$22,132,447$1,367,700$25,392$14,642,763
89$24,302,117$1,346,877$0$16,015,121
90$26,690,326$1,322,267$0$17,530,609
91$29,319,278$1,293,597$0$19,200,693
92$32,213,439$1,260,578$0$21,038,736
93$35,399,767$1,222,904$0$23,061,861
94$38,907,969$1,180,252$0$25,288,938
95$42,770,777$1,132,279$0$27,740,766
96$47,024,257$1,078,622$0$30,440,269
97$51,708,155$1,018,898$0$33,412,714
98$56,866,265$952,702$0$36,685,947
99$62,546,844$879,604$0$40,290,659
100$68,803,068$799,151$0$44,260,678