Can I retire at age 52 with 946,000?

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 $946,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$78,120$77,424$76,745$76,082$75,435$72,904
2 years$38,673$37,953$37,255$36,578$35,922$33,396
3 years$25,526$24,803$24,106$23,436$22,790$20,350
4 years$18,954$18,233$17,543$16,884$16,254$13,918
5 years$15,011$14,295$13,614$12,969$12,356$10,130
6 years$12,384$11,673$11,002$10,371$9,777$7,663
7 years$10,508$9,803$9,143$8,527$7,951$5,949
8 years$9,102$8,403$7,754$7,153$6,596$4,704
9 years$8,008$7,316$6,679$6,093$5,555$3,771
10 years$7,134$6,449$5,822$5,252$4,733$3,054
11 years$6,420$5,741$5,126$4,571$4,071$2,493
12 years$5,825$5,153$4,549$4,009$3,528$2,048
13 years$5,321$4,657$4,064$3,539$3,076$1,691
14 years$4,890$4,233$3,652$3,142$2,697$1,402
15 years$4,517$3,867$3,297$2,802$2,374$1,166
16 years$4,191$3,548$2,989$2,509$2,098$973
17 years$3,904$3,267$2,720$2,254$1,861$813
18 years$3,648$3,019$2,483$2,032$1,654$681
19 years$3,420$2,798$2,273$1,836$1,475$571
20 years$3,215$2,600$2,086$1,663$1,317$480
21 years$3,030$2,422$1,919$1,509$1,179$403
22 years$2,862$2,261$1,769$1,372$1,056$339
23 years$2,708$2,114$1,633$1,249$948$286
24 years$2,568$1,981$1,510$1,140$852$241
25 years$2,439$1,859$1,399$1,041$767$203
26 years$2,320$1,747$1,297$952$691$171
27 years$2,210$1,644$1,205$871$623$144
28 years$2,108$1,549$1,120$798$562$122
29 years$2,014$1,462$1,042$732$508$103
30 years$1,926$1,380$971$672$459$87
31 years$1,843$1,305$905$617$415$73
32 years$1,766$1,235$844$567$375$62
33 years$1,694$1,169$788$521$339$52
34 years$1,626$1,108$737$480$307$44
35 years$1,563$1,051$689$442$278$37
36 years$1,502$998$644$407$252$32
37 years$1,446$948$603$375$229$27
38 years$1,392$901$565$345$207$23
39 years$1,341$856$529$318$188$19
40 years$1,293$815$496$294$170$16
41 years$1,248$776$465$271$155$14
42 years$1,204$739$436$250$140$11
43 years$1,163$704$409$231$127$10
44 years$1,124$671$384$213$116$8
45 years$1,087$640$361$197$105$7
46 years$1,051$610$339$182$95$6
47 years$1,017$582$318$168$87$5
48 years$984$556$299$155$79$4
49 years$953$531$281$143$71$4
50 years$924$507$264$133$65$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $946,000, adding $5,059 every year, while hoping to spend $21,428 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: 37/38/25 Blend
51$946,000$946,000$946,000$946,000
52$1,047,710$997,572$982,909$1,078,467
53$1,131,778$1,023,654$993,038$1,127,572
54$1,223,702$1,050,296$1,002,787$1,178,238
55$1,324,261$1,077,502$1,012,122$1,232,545
56$1,434,313$1,105,277$1,021,006$1,290,835
57$1,554,803$1,133,625$1,029,399$1,353,483
58$1,686,769$1,162,550$1,037,260$1,420,904
59$1,831,357$1,192,052$1,044,546$1,493,556
60$1,989,828$1,222,136$1,051,211$1,571,941
61$2,163,571$1,252,801$1,057,207$1,656,613
62$2,354,115$1,284,048$1,062,484$1,748,185
63$2,563,146$1,315,877$1,066,988$1,847,327
64$2,792,518$1,348,286$1,070,663$1,954,784
65$3,044,276$1,381,273$1,073,451$2,071,370
66$3,320,671$1,414,835$1,075,291$2,197,989
67$3,624,184$1,448,966$1,076,118$2,335,632
68$3,957,546$1,483,661$1,075,863$2,485,393
69$4,323,768$1,518,912$1,074,457$2,648,479
70$4,726,165$1,554,711$1,071,823$2,826,218
71$5,168,389$1,591,048$1,067,885$3,020,077
72$5,654,466$1,627,910$1,062,560$3,231,669
73$6,188,827$1,665,284$1,055,762$3,462,774
74$6,776,358$1,703,153$1,047,400$3,715,356
75$7,422,439$1,741,501$1,037,381$3,991,576
76$8,133,001$1,780,306$1,025,606$4,293,818
77$8,914,573$1,819,548$1,011,970$4,624,711
78$9,774,354$1,859,201$996,366$4,987,151
79$10,720,274$1,899,237$978,680$5,384,330
80$11,761,069$1,939,626$958,792$5,819,770
81$12,906,365$1,980,335$936,579$6,297,349
82$14,166,771$2,021,328$911,911$6,821,344
83$15,553,972$2,062,564$884,651$7,396,470
84$17,080,847$2,103,999$854,656$8,027,923
85$18,761,585$2,145,587$821,779$8,721,431
86$20,611,821$2,187,274$785,862$9,483,309
87$22,648,782$2,229,006$746,744$10,320,517
88$24,891,451$2,270,721$704,254$11,240,727
89$27,360,747$2,312,354$658,214$12,252,395
90$30,079,717$2,353,834$608,438$13,364,844
91$33,073,759$2,395,083$554,732$14,588,348
92$36,370,861$2,436,020$496,893$15,934,233
93$40,001,859$2,476,555$434,710$17,414,983
94$44,000,736$2,516,593$367,960$19,044,360
95$48,404,937$2,556,032$296,412$20,837,530
96$53,255,724$2,594,762$219,826$22,811,211
97$58,598,566$2,632,664$137,949$24,983,831
98$64,483,568$2,669,612$50,517$27,375,702
99$70,965,939$2,705,471$0$30,009,210
100$78,106,522$2,740,096$0$32,920,444