Can I retire at age 52 with 945,000?

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 $945,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$78,037$77,342$76,664$76,002$75,356$74,230
2 years$38,632$37,913$37,215$36,539$35,884$34,752
3 years$25,499$24,776$24,081$23,411$22,766$21,663
4 years$18,934$18,213$17,525$16,866$16,237$15,172
5 years$14,996$14,279$13,600$12,955$12,343$11,319
6 years$12,371$11,660$10,991$10,360$9,767$8,785
7 years$10,497$9,792$9,133$8,518$7,943$7,004
8 years$9,092$8,394$7,746$7,145$6,589$5,692
9 years$8,000$7,308$6,671$6,086$5,549$4,694
10 years$7,127$6,442$5,816$5,246$4,728$3,914
11 years$6,413$5,735$5,121$4,566$4,066$3,293
12 years$5,818$5,147$4,544$4,005$3,524$2,790
13 years$5,316$4,652$4,060$3,536$3,073$2,377
14 years$4,885$4,228$3,648$3,139$2,694$2,035
15 years$4,513$3,863$3,294$2,799$2,372$1,749
16 years$4,187$3,544$2,986$2,506$2,096$1,508
17 years$3,900$3,264$2,717$2,252$1,859$1,305
18 years$3,645$3,016$2,481$2,029$1,653$1,131
19 years$3,417$2,795$2,271$1,834$1,473$982
20 years$3,212$2,597$2,084$1,661$1,316$855
21 years$3,027$2,419$1,917$1,507$1,177$745
22 years$2,859$2,258$1,767$1,370$1,055$650
23 years$2,705$2,112$1,631$1,248$947$568
24 years$2,565$1,979$1,509$1,138$852$496
25 years$2,436$1,857$1,397$1,040$766$434
26 years$2,318$1,745$1,296$951$690$380
27 years$2,208$1,643$1,203$870$622$333
28 years$2,106$1,548$1,119$797$561$292
29 years$2,012$1,460$1,041$731$507$256
30 years$1,924$1,379$970$671$458$225
31 years$1,841$1,304$904$616$414$198
32 years$1,764$1,233$843$566$375$174
33 years$1,692$1,168$788$521$339$152
34 years$1,625$1,107$736$479$307$134
35 years$1,561$1,050$688$441$278$118
36 years$1,501$997$644$406$252$103
37 years$1,444$947$602$374$228$91
38 years$1,391$900$564$345$207$80
39 years$1,340$855$529$318$188$70
40 years$1,292$814$495$293$170$62
41 years$1,246$775$464$271$154$54
42 years$1,203$738$436$250$140$48
43 years$1,162$703$409$231$127$42
44 years$1,123$670$384$213$115$37
45 years$1,085$639$360$197$105$33
46 years$1,050$610$338$182$95$29
47 years$1,016$582$318$168$86$25
48 years$983$555$299$155$78$22
49 years$952$530$281$143$71$20
50 years$923$507$264$132$65$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $945,000, adding $2,283 every year, while hoping to spend $40,838 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: 55/35/10 Blend
51$945,000$945,000$945,000$945,000
52$1,043,745$993,660$979,012$1,098,437
53$1,106,756$998,898$968,358$1,140,958
54$1,174,825$1,003,024$955,978$1,182,555
55$1,248,425$1,005,940$941,771$1,226,875
56$1,328,076$1,007,543$925,633$1,274,183
57$1,414,349$1,007,722$907,451$1,324,776
58$1,507,873$1,006,361$887,111$1,378,977
59$1,609,338$1,003,334$864,491$1,437,148
60$1,719,504$998,511$839,464$1,499,689
61$1,839,206$991,751$811,899$1,567,039
62$1,969,363$982,905$781,656$1,639,689
63$2,110,987$971,816$748,591$1,718,177
64$2,265,191$958,318$712,551$1,803,102
65$2,433,198$942,233$673,379$1,895,125
66$2,616,356$923,374$630,909$1,994,976
67$2,816,147$901,543$584,968$2,103,463
68$3,034,204$876,529$535,374$2,221,480
69$3,272,324$848,109$481,940$2,350,014
70$3,532,484$816,049$424,468$2,490,159
71$3,816,861$780,100$362,751$2,643,120
72$4,127,852$739,996$296,575$2,810,232
73$4,468,098$695,460$225,715$2,992,969
74$4,840,503$646,197$149,936$3,192,960
75$5,248,269$591,895$68,993$3,412,005
76$5,694,918$532,224$0$3,652,093
77$6,184,333$466,836$0$3,917,276
78$6,720,787$395,363$0$4,216,102
79$7,308,987$317,416$0$4,543,913
80$7,954,118$232,583$0$4,903,698
81$8,661,890$140,432$0$5,298,761
82$9,438,593$40,503$0$5,732,745
83$10,291,155$0$0$6,209,671
84$11,227,208$0$0$6,760,046
85$12,255,159$0$0$7,381,677
86$13,384,268$0$0$8,064,576
87$14,624,737$0$0$8,814,924
88$15,987,806$0$0$9,639,532
89$17,485,854$0$0$10,545,903
90$19,132,524$0$0$11,542,303
91$20,942,842$0$0$12,637,838
92$22,933,364$0$0$13,842,541
93$25,122,332$0$0$15,167,468
94$27,529,842$0$0$16,624,795
95$30,178,036$0$0$18,227,943
96$33,091,311$0$0$19,991,696
97$36,296,547$0$0$21,932,343
98$39,823,359$0$0$24,067,834
99$43,704,379$0$0$26,417,943
100$47,975,564$0$0$29,004,463