Can I retire at age 52 with 943,000?

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 $943,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$77,872$77,178$76,502$75,841$75,196$73,981
2 years$38,551$37,833$37,137$36,462$35,808$34,587
3 years$25,445$24,724$24,030$23,362$22,718$21,529
4 years$18,894$18,175$17,488$16,831$16,203$15,055
5 years$14,964$14,249$13,571$12,928$12,317$11,214
6 years$12,345$11,636$10,967$10,338$9,746$8,689
7 years$10,475$9,772$9,114$8,500$7,926$6,916
8 years$9,073$8,376$7,729$7,130$6,575$5,611
9 years$7,983$7,293$6,657$6,073$5,537$4,619
10 years$7,112$6,428$5,804$5,235$4,718$3,844
11 years$6,399$5,723$5,110$4,556$4,058$3,228
12 years$5,806$5,136$4,535$3,996$3,516$2,730
13 years$5,305$4,642$4,052$3,528$3,066$2,321
14 years$4,875$4,219$3,640$3,132$2,688$1,983
15 years$4,503$3,854$3,287$2,793$2,367$1,701
16 years$4,178$3,536$2,980$2,501$2,092$1,464
17 years$3,891$3,257$2,712$2,247$1,855$1,263
18 years$3,637$3,009$2,475$2,025$1,649$1,093
19 years$3,409$2,789$2,266$1,830$1,470$947
20 years$3,205$2,592$2,080$1,657$1,313$822
21 years$3,020$2,414$1,913$1,504$1,175$715
22 years$2,853$2,254$1,763$1,368$1,053$622
23 years$2,700$2,108$1,628$1,245$945$543
24 years$2,560$1,975$1,505$1,136$850$473
25 years$2,431$1,853$1,394$1,037$765$413
26 years$2,313$1,742$1,293$949$689$361
27 years$2,203$1,639$1,201$868$621$316
28 years$2,102$1,545$1,116$795$560$276
29 years$2,007$1,457$1,039$729$506$242
30 years$1,920$1,376$968$669$457$211
31 years$1,837$1,301$902$615$413$185
32 years$1,761$1,231$842$565$374$162
33 years$1,689$1,166$786$520$338$142
34 years$1,621$1,105$734$478$306$125
35 years$1,558$1,048$687$440$277$109
36 years$1,498$995$642$405$251$96
37 years$1,441$945$601$373$228$84
38 years$1,388$898$563$344$207$74
39 years$1,337$854$527$317$187$65
40 years$1,289$812$494$293$170$57
41 years$1,244$773$464$270$154$50
42 years$1,201$736$435$249$140$44
43 years$1,160$702$408$230$127$38
44 years$1,120$669$383$212$115$34
45 years$1,083$638$360$196$105$29
46 years$1,048$608$338$181$95$26
47 years$1,014$581$317$167$86$23
48 years$981$554$298$155$78$20
49 years$950$529$280$143$71$18
50 years$921$506$263$132$65$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $943,000, adding $3,371 every year, while hoping to spend $24,749 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: 51/19/30 Blend
51$943,000$943,000$943,000$943,000
52$1,042,663$992,684$978,068$1,086,851
53$1,122,682$1,014,993$984,500$1,140,392
54$1,210,033$1,037,565$990,319$1,195,847
55$1,305,439$1,060,388$995,477$1,255,676
56$1,409,693$1,083,447$999,925$1,320,307
57$1,523,671$1,106,725$1,003,611$1,390,213
58$1,648,336$1,130,205$1,006,483$1,465,914
59$1,784,748$1,153,866$1,008,481$1,547,985
60$1,934,075$1,177,688$1,009,548$1,637,059
61$2,097,602$1,201,647$1,009,620$1,733,836
62$2,276,746$1,225,716$1,008,631$1,839,085
63$2,473,067$1,249,869$1,006,512$1,953,656
64$2,688,281$1,274,073$1,003,191$2,078,486
65$2,924,280$1,298,297$998,593$2,214,608
66$3,183,147$1,322,505$992,636$2,363,161
67$3,467,178$1,346,657$985,239$2,525,400
68$3,778,899$1,370,712$976,314$2,702,713
69$4,121,095$1,394,626$965,769$2,896,624
70$4,496,832$1,418,348$953,508$3,108,820
71$4,909,489$1,441,828$939,431$3,341,157
72$5,362,788$1,465,008$923,432$3,595,684
73$5,860,828$1,487,829$905,403$3,874,657
74$6,408,126$1,510,226$885,227$4,180,568
75$7,009,657$1,532,129$862,784$4,516,161
76$7,670,903$1,553,464$837,949$4,884,464
77$8,397,904$1,574,153$810,588$5,288,814
78$9,197,312$1,594,108$780,565$5,732,891
79$10,076,459$1,613,241$747,736$6,220,752
80$11,043,421$1,631,453$711,948$6,756,870
81$12,107,097$1,648,641$673,045$7,346,178
82$13,277,291$1,664,695$630,863$7,994,113
83$14,564,806$1,679,496$585,228$8,706,669
84$15,981,545$1,692,919$535,961$9,490,454
85$17,540,621$1,704,831$482,874$10,352,756
86$19,256,485$1,715,089$425,771$11,301,605
87$21,145,059$1,723,540$364,447$12,345,857
88$23,223,886$1,730,025$298,688$13,495,273
89$25,512,298$1,734,372$228,269$14,760,615
90$28,031,595$1,736,398$152,958$16,153,745
91$30,805,246$1,735,911$72,511$17,687,739
92$33,859,115$1,732,704$0$19,377,013
93$37,221,697$1,726,559$0$21,241,729
94$40,924,396$1,717,246$0$23,320,178
95$45,001,811$1,704,518$0$25,608,524
96$49,492,071$1,688,114$0$28,128,143
97$54,437,189$1,667,760$0$30,902,590
98$59,883,464$1,643,161$0$33,957,827
99$65,881,909$1,614,007$0$37,322,464
100$72,488,741$1,579,971$0$41,028,027