Can I retire at age 52 with 948,000?

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 $948,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$78,285$77,588$76,907$76,243$75,595$73,827
2 years$38,755$38,033$37,334$36,655$35,998$34,227
3 years$25,580$24,855$24,157$23,485$22,838$21,120
4 years$18,994$18,271$17,580$16,920$16,288$14,635
5 years$15,043$14,325$13,643$12,996$12,382$10,799
6 years$12,410$11,697$11,026$10,393$9,798$8,286
7 years$10,530$9,823$9,162$8,545$7,968$6,528
8 years$9,121$8,420$7,770$7,168$6,610$5,242
9 years$8,025$7,331$6,693$6,106$5,567$4,269
10 years$7,149$6,462$5,835$5,263$4,743$3,514
11 years$6,433$5,753$5,137$4,580$4,079$2,917
12 years$5,837$5,164$4,559$4,018$3,535$2,438
13 years$5,333$4,666$4,073$3,547$3,083$2,049
14 years$4,901$4,242$3,660$3,149$2,702$1,729
15 years$4,527$3,875$3,304$2,808$2,379$1,465
16 years$4,200$3,555$2,996$2,514$2,103$1,245
17 years$3,912$3,274$2,726$2,259$1,864$1,060
18 years$3,656$3,025$2,488$2,036$1,658$905
19 years$3,427$2,804$2,278$1,840$1,478$774
20 years$3,222$2,606$2,091$1,666$1,320$663
21 years$3,036$2,427$1,923$1,512$1,181$569
22 years$2,868$2,265$1,772$1,375$1,059$488
23 years$2,714$2,119$1,636$1,252$950$420
24 years$2,573$1,985$1,513$1,142$854$361
25 years$2,444$1,863$1,402$1,043$769$311
26 years$2,325$1,751$1,300$954$692$268
27 years$2,215$1,648$1,207$873$624$230
28 years$2,113$1,553$1,122$800$563$199
29 years$2,018$1,465$1,044$733$509$171
30 years$1,930$1,383$973$673$460$148
31 years$1,847$1,308$907$618$415$128
32 years$1,770$1,237$846$568$376$110
33 years$1,698$1,172$790$522$340$95
34 years$1,630$1,111$738$481$308$82
35 years$1,566$1,053$690$442$279$71
36 years$1,506$1,000$646$407$253$61
37 years$1,449$950$604$375$229$53
38 years$1,395$902$566$346$208$46
39 years$1,344$858$530$319$188$39
40 years$1,296$816$497$294$171$34
41 years$1,250$777$466$272$155$29
42 years$1,207$740$437$251$141$25
43 years$1,166$705$410$231$128$22
44 years$1,126$672$385$214$116$19
45 years$1,089$641$362$197$105$16
46 years$1,053$612$340$182$95$14
47 years$1,019$584$319$168$87$12
48 years$987$557$300$156$79$11
49 years$955$532$282$144$72$9
50 years$926$508$265$133$65$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $948,000, adding $6,123 every year, while hoping to spend $31,044 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: 83/8/9 Blend
51$948,000$948,000$948,000$948,000
52$1,051,012$1,000,768$986,074$1,136,444
53$1,125,185$1,016,775$986,077$1,209,234
54$1,205,882$1,032,526$985,039$1,284,366
55$1,293,738$1,047,975$982,894$1,365,919
56$1,389,448$1,063,075$979,569$1,454,521
57$1,493,778$1,077,772$974,992$1,550,860
58$1,607,573$1,092,012$969,083$1,655,696
59$1,731,759$1,105,734$961,761$1,769,866
60$1,867,359$1,118,876$952,941$1,894,291
61$2,015,498$1,131,369$942,532$2,029,986
62$2,177,413$1,143,140$930,441$2,178,069
63$2,354,468$1,154,113$916,570$2,339,771
64$2,548,164$1,164,205$900,815$2,516,448
65$2,760,153$1,173,328$883,069$2,709,595
66$2,992,256$1,181,388$863,219$2,920,859
67$3,246,476$1,188,286$841,147$3,152,052
68$3,525,020$1,193,915$816,729$3,405,174
69$3,830,319$1,198,164$789,837$3,682,426
70$4,165,050$1,200,912$760,334$3,986,233
71$4,532,160$1,202,032$728,081$4,319,270
72$4,934,897$1,201,389$692,928$4,684,480
73$5,376,838$1,198,838$654,723$5,085,110
74$5,861,922$1,194,228$613,302$5,524,734
75$6,394,489$1,187,396$568,499$6,007,294
76$6,979,319$1,178,171$520,136$6,537,131
77$7,621,679$1,166,370$468,030$7,119,029
78$8,327,369$1,151,801$411,988$7,758,261
79$9,102,780$1,134,259$351,809$8,460,636
80$9,954,953$1,113,527$287,284$9,232,556
81$10,891,644$1,089,376$218,193$10,081,077
82$11,921,398$1,061,561$144,309$11,013,972
83$13,053,629$1,029,826$65,392$12,039,809
84$14,298,709$993,898$0$13,168,029
85$15,668,066$953,487$0$14,410,844
86$17,174,291$908,290$0$15,784,730
87$18,831,255$857,983$0$17,296,063
88$20,654,243$802,224$0$18,958,794
89$22,660,095$740,652$0$20,788,295
90$24,867,366$672,886$0$22,801,506
91$27,296,501$598,521$0$25,017,093
92$29,970,027$517,131$0$27,455,625
93$32,912,765$428,265$0$30,139,767
94$36,152,064$331,448$0$33,094,495
95$39,718,061$226,175$0$36,347,330
96$43,643,963$111,917$0$39,928,601
97$47,966,358$0$0$43,871,727
98$52,725,564$0$0$48,214,584
99$57,966,009$0$0$53,007,450
100$63,736,646$0$0$58,285,251