Can I retire at age 52 with 944,000?

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 $944,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$77,955$77,260$76,583$75,922$75,276$72,576
2 years$38,591$37,873$37,176$36,501$35,846$33,155
3 years$25,472$24,750$24,055$23,386$22,742$20,145
4 years$18,914$18,194$17,506$16,849$16,220$13,736
5 years$14,980$14,264$13,586$12,941$12,330$9,966
6 years$12,358$11,648$10,979$10,349$9,756$7,514
7 years$10,486$9,782$9,124$8,509$7,934$5,814
8 years$9,082$8,385$7,738$7,138$6,582$4,581
9 years$7,992$7,301$6,664$6,080$5,543$3,658
10 years$7,119$6,435$5,810$5,241$4,723$2,952
11 years$6,406$5,729$5,115$4,561$4,062$2,400
12 years$5,812$5,142$4,540$4,001$3,520$1,964
13 years$5,310$4,647$4,056$3,532$3,070$1,615
14 years$4,880$4,224$3,644$3,135$2,691$1,334
15 years$4,508$3,858$3,290$2,796$2,369$1,104
16 years$4,182$3,540$2,983$2,504$2,094$917
17 years$3,895$3,260$2,714$2,250$1,857$763
18 years$3,641$3,013$2,478$2,027$1,651$636
19 years$3,413$2,792$2,268$1,832$1,471$531
20 years$3,208$2,595$2,082$1,659$1,314$444
21 years$3,023$2,417$1,915$1,506$1,176$372
22 years$2,856$2,256$1,765$1,369$1,054$311
23 years$2,703$2,110$1,630$1,247$946$261
24 years$2,562$1,977$1,507$1,137$851$219
25 years$2,434$1,855$1,396$1,039$765$183
26 years$2,315$1,744$1,295$950$689$154
27 years$2,206$1,641$1,202$869$622$129
28 years$2,104$1,546$1,118$796$561$109
29 years$2,010$1,459$1,040$730$506$91
30 years$1,922$1,378$969$670$458$77
31 years$1,839$1,302$903$616$414$64
32 years$1,763$1,232$843$566$374$54
33 years$1,691$1,167$787$520$339$45
34 years$1,623$1,106$735$479$307$38
35 years$1,559$1,049$687$441$278$32
36 years$1,499$996$643$406$252$27
37 years$1,443$946$602$374$228$23
38 years$1,389$899$564$345$207$19
39 years$1,339$855$528$318$188$16
40 years$1,291$813$495$293$170$14
41 years$1,245$774$464$270$154$11
42 years$1,202$737$435$250$140$10
43 years$1,161$702$408$230$127$8
44 years$1,122$669$383$213$115$7
45 years$1,084$638$360$196$105$6
46 years$1,049$609$338$181$95$5
47 years$1,015$581$318$168$86$4
48 years$982$555$298$155$78$3
49 years$951$530$281$143$71$3
50 years$922$506$264$132$65$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $944,000, adding $5,064 every year, while hoping to spend $34,734 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: 65/21/14 Blend
51$944,000$944,000$944,000$944,000
52$1,045,512$995,480$980,848$1,109,688
53$1,115,197$1,007,301$976,749$1,165,044
54$1,190,826$1,018,538$971,349$1,221,006
55$1,272,969$1,029,125$964,568$1,281,293
56$1,362,251$1,038,992$956,321$1,346,327
57$1,459,363$1,048,064$946,520$1,416,572
58$1,565,062$1,056,264$935,072$1,492,542
59$1,680,183$1,063,505$921,882$1,574,800
60$1,805,645$1,069,700$906,847$1,663,971
61$1,942,457$1,074,751$889,863$1,760,743
62$2,091,731$1,078,558$870,818$1,865,872
63$2,254,693$1,081,013$849,595$1,980,197
64$2,432,690$1,082,000$826,074$2,104,639
65$2,627,204$1,081,399$800,128$2,240,216
66$2,839,870$1,079,078$771,624$2,388,051
67$3,072,486$1,074,902$740,422$2,549,381
68$3,327,032$1,068,725$706,378$2,725,571
69$3,605,688$1,060,390$669,340$2,918,128
70$3,910,854$1,049,736$629,149$3,128,712
71$4,245,175$1,036,586$585,640$3,359,154
72$4,611,562$1,020,759$538,638$3,611,475
73$5,013,222$1,002,057$487,963$3,887,903
74$5,453,687$980,274$433,426$4,190,894
75$5,936,846$955,190$374,829$4,523,159
76$6,466,985$926,575$311,966$4,887,685
77$7,048,822$894,181$244,622$5,287,768
78$7,687,555$857,750$172,570$5,727,041
79$8,388,912$817,006$95,578$6,209,513
80$9,159,200$771,658$13,398$6,739,602
81$10,005,368$721,399$0$7,322,181
82$10,935,070$665,902$0$7,973,722
83$11,956,741$604,825$0$8,691,908
84$13,079,670$537,803$0$9,481,311
85$14,314,093$464,452$0$10,349,177
86$15,671,287$384,366$0$11,303,493
87$17,163,675$297,117$0$12,353,065
88$18,804,944$202,251$0$13,507,597
89$20,610,177$99,289$0$14,777,785
90$22,595,988$0$0$16,175,420
91$24,780,684$0$0$17,716,333
92$27,184,436$0$0$19,437,067
93$29,829,468$0$0$21,330,597
94$32,740,269$0$0$23,414,462
95$35,943,820$0$0$25,707,987
96$39,469,850$0$0$28,232,467
97$43,351,117$0$0$31,011,366
98$47,623,718$0$0$34,070,537
99$52,327,423$0$0$37,438,468
100$57,506,058$0$0$41,146,548