Can I retire at age 52 with 941,000?

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 $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%13.7%
1 years$77,707$77,015$76,339$75,680$75,037$73,885
2 years$38,469$37,752$37,058$36,385$35,732$34,574
3 years$25,391$24,672$23,979$23,312$22,670$21,542
4 years$18,854$18,136$17,451$16,795$16,168$15,080
5 years$14,932$14,219$13,542$12,900$12,291$11,244
6 years$12,319$11,611$10,944$10,316$9,725$8,722
7 years$10,453$9,751$9,095$8,482$7,909$6,950
8 years$9,054$8,358$7,713$7,115$6,562$5,645
9 years$7,966$7,277$6,643$6,060$5,526$4,652
10 years$7,097$6,415$5,792$5,224$4,708$3,877
11 years$6,386$5,711$5,099$4,547$4,049$3,259
12 years$5,794$5,125$4,525$3,988$3,509$2,760
13 years$5,293$4,632$4,043$3,521$3,060$2,350
14 years$4,865$4,210$3,633$3,125$2,682$2,011
15 years$4,493$3,846$3,280$2,787$2,362$1,727
16 years$4,169$3,529$2,974$2,496$2,087$1,488
17 years$3,883$3,250$2,706$2,242$1,851$1,286
18 years$3,629$3,003$2,470$2,021$1,646$1,114
19 years$3,402$2,783$2,261$1,826$1,467$967
20 years$3,198$2,586$2,075$1,654$1,310$841
21 years$3,014$2,409$1,909$1,501$1,172$732
22 years$2,847$2,249$1,759$1,365$1,051$638
23 years$2,694$2,103$1,624$1,243$943$557
24 years$2,554$1,971$1,502$1,134$848$487
25 years$2,426$1,849$1,391$1,035$763$426
26 years$2,308$1,738$1,290$947$687$373
27 years$2,199$1,636$1,198$866$620$326
28 years$2,097$1,541$1,114$794$559$286
29 years$2,003$1,454$1,037$728$505$251
30 years$1,915$1,373$966$668$456$220
31 years$1,834$1,298$900$614$412$193
32 years$1,757$1,228$840$564$373$169
33 years$1,685$1,163$784$519$338$148
34 years$1,618$1,102$733$477$306$130
35 years$1,554$1,046$685$439$277$114
36 years$1,495$992$641$404$251$101
37 years$1,438$943$600$373$227$88
38 years$1,385$896$562$344$206$78
39 years$1,334$852$526$317$187$68
40 years$1,286$810$493$292$170$60
41 years$1,241$771$463$270$154$53
42 years$1,198$735$434$249$140$46
43 years$1,157$700$407$230$127$41
44 years$1,118$667$382$212$115$36
45 years$1,081$636$359$196$104$31
46 years$1,045$607$337$181$95$28
47 years$1,012$579$317$167$86$24
48 years$979$553$298$154$78$21
49 years$948$528$280$143$71$19
50 years$919$504$263$132$64$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $941,000, adding $6,205 every year, while hoping to spend $26,735 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: 26/46/28 Blend
51$941,000$941,000$941,000$941,000
52$1,043,382$993,509$978,924$1,061,265
53$1,121,362$1,013,746$983,272$1,096,667
54$1,206,399$1,034,077$986,870$1,131,936
55$1,299,185$1,054,481$989,664$1,169,229
56$1,400,483$1,074,931$991,598$1,208,737
57$1,511,129$1,095,400$992,614$1,250,667
58$1,632,047$1,115,857$992,649$1,295,253
59$1,764,252$1,136,270$991,639$1,342,752
60$1,908,862$1,156,604$989,516$1,393,447
61$2,067,110$1,176,822$986,208$1,447,651
62$2,240,351$1,196,881$981,642$1,505,713
63$2,430,077$1,216,739$975,737$1,568,017
64$2,637,934$1,236,348$968,413$1,634,986
65$2,865,732$1,255,658$959,584$1,707,091
66$3,115,465$1,274,614$949,159$1,784,851
67$3,389,330$1,293,157$937,043$1,868,839
68$3,689,746$1,311,226$923,138$1,959,690
69$4,019,377$1,328,754$907,341$2,058,106
70$4,381,159$1,345,669$889,542$2,164,861
71$4,778,325$1,361,894$869,630$2,280,813
72$5,214,436$1,377,348$847,484$2,406,908
73$5,693,415$1,391,945$822,981$2,544,192
74$6,219,584$1,405,590$795,991$2,693,821
75$6,797,703$1,418,186$766,378$2,857,073
76$7,433,017$1,429,626$734,001$3,035,357
77$8,131,305$1,439,798$698,710$3,230,234
78$8,898,932$1,448,582$660,351$3,443,423
79$9,742,912$1,455,851$618,761$3,676,826
80$10,670,970$1,461,469$573,771$3,932,542
81$11,691,621$1,465,292$525,203$4,212,890
82$12,814,242$1,467,168$472,874$4,520,430
83$14,049,168$1,466,932$416,588$4,857,988
84$15,407,784$1,464,413$356,146$5,228,686
85$16,902,636$1,459,427$291,334$5,635,966
86$18,547,546$1,451,780$221,934$6,083,634
87$20,357,742$1,441,264$147,716$6,575,886
88$22,350,007$1,427,661$68,439$7,117,354
89$24,542,829$1,410,738$0$7,713,154
90$26,956,583$1,390,249$0$8,373,755
91$29,613,717$1,365,933$0$9,122,692
92$32,538,966$1,337,514$0$9,946,449
93$35,759,588$1,304,700$0$10,852,693
94$39,305,614$1,267,179$0$11,849,880
95$43,210,140$1,224,624$0$12,947,332
96$47,509,631$1,176,687$0$14,155,330
97$52,244,270$1,123,001$0$15,485,207
98$57,458,335$1,063,177$0$16,949,464
99$63,200,616$996,804$0$18,561,879
100$69,524,878$923,447$0$20,337,647