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%14.6%
1 years$78,285$77,588$76,907$76,243$75,595$74,160
2 years$38,755$38,033$37,334$36,655$35,998$34,557
3 years$25,580$24,855$24,157$23,485$22,838$21,438
4 years$18,994$18,271$17,580$16,920$16,288$14,938
5 years$15,043$14,325$13,643$12,996$12,382$11,087
6 years$12,410$11,697$11,026$10,393$9,798$8,558
7 years$10,530$9,823$9,162$8,545$7,968$6,784
8 years$9,121$8,420$7,770$7,168$6,610$5,482
9 years$8,025$7,331$6,693$6,106$5,567$4,494
10 years$7,149$6,462$5,835$5,263$4,743$3,725
11 years$6,433$5,753$5,137$4,580$4,079$3,114
12 years$5,837$5,164$4,559$4,018$3,535$2,621
13 years$5,333$4,666$4,073$3,547$3,083$2,219
14 years$4,901$4,242$3,660$3,149$2,702$1,887
15 years$4,527$3,875$3,304$2,808$2,379$1,611
16 years$4,200$3,555$2,996$2,514$2,103$1,379
17 years$3,912$3,274$2,726$2,259$1,864$1,184
18 years$3,656$3,025$2,488$2,036$1,658$1,019
19 years$3,427$2,804$2,278$1,840$1,478$879
20 years$3,222$2,606$2,091$1,666$1,320$759
21 years$3,036$2,427$1,923$1,512$1,181$656
22 years$2,868$2,265$1,772$1,375$1,059$568
23 years$2,714$2,119$1,636$1,252$950$493
24 years$2,573$1,985$1,513$1,142$854$427
25 years$2,444$1,863$1,402$1,043$769$371
26 years$2,325$1,751$1,300$954$692$322
27 years$2,215$1,648$1,207$873$624$280
28 years$2,113$1,553$1,122$800$563$244
29 years$2,018$1,465$1,044$733$509$212
30 years$1,930$1,383$973$673$460$185
31 years$1,847$1,308$907$618$415$161
32 years$1,770$1,237$846$568$376$140
33 years$1,698$1,172$790$522$340$122
34 years$1,630$1,111$738$481$308$106
35 years$1,566$1,053$690$442$279$93
36 years$1,506$1,000$646$407$253$81
37 years$1,449$950$604$375$229$70
38 years$1,395$902$566$346$208$61
39 years$1,344$858$530$319$188$54
40 years$1,296$816$497$294$171$47
41 years$1,250$777$466$272$155$41
42 years$1,207$740$437$251$141$35
43 years$1,166$705$410$231$128$31
44 years$1,126$672$385$214$116$27
45 years$1,089$641$362$197$105$24
46 years$1,053$612$340$182$95$21
47 years$1,019$584$319$168$87$18
48 years$987$557$300$156$79$16
49 years$955$532$282$144$72$14
50 years$926$508$265$133$65$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $948,000, adding $3,292 every year, while hoping to spend $57,816 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: 42/37/21 Blend
51$948,000$948,000$948,000$948,000
52$1,048,092$997,848$983,154$1,085,541
53$1,093,481$985,226$954,574$1,099,862
54$1,141,563$970,049$923,098$1,109,526
55$1,192,550$952,129$888,570$1,118,812
56$1,246,676$931,269$850,823$1,127,715
57$1,304,196$907,261$809,685$1,136,235
58$1,365,390$879,882$764,975$1,144,377
59$1,430,562$848,899$716,504$1,152,150
60$1,500,048$814,064$664,076$1,159,570
61$1,574,214$775,114$607,483$1,166,661
62$1,653,462$731,773$546,512$1,173,454
63$1,738,231$683,745$480,936$1,179,990
64$1,829,005$630,723$410,521$1,186,320
65$1,926,311$572,376$335,022$1,192,511
66$2,030,732$508,359$254,181$1,198,640
67$2,142,903$438,306$167,733$1,204,803
68$2,263,524$361,828$75,398$1,211,111
69$2,393,364$278,517$0$1,217,699
70$2,533,264$187,942$0$1,229,909
71$2,684,151$89,645$0$1,261,105
72$2,847,042$0$0$1,294,657
73$3,023,054$0$0$1,337,747
74$3,213,417$0$0$1,423,919
75$3,419,480$0$0$1,517,297
76$3,642,728$0$0$1,618,566
77$3,884,793$0$0$1,728,479
78$4,147,469$0$0$1,847,865
79$4,432,731$0$0$1,977,635
80$4,742,749$0$0$2,118,793
81$5,079,913$0$0$2,272,441
82$5,446,849$0$0$2,439,793
83$5,846,450$0$0$2,622,186
84$6,281,896$0$0$2,821,088
85$6,756,690$0$0$3,038,120
86$7,274,685$0$0$3,275,061
87$7,840,124$0$0$3,533,871
88$8,457,675$0$0$3,816,711
89$9,132,478$0$0$4,125,955
90$9,870,194$0$0$4,464,220
91$10,677,051$0$0$4,834,387
92$11,559,911$0$0$5,239,628
93$12,526,328$0$0$5,683,435
94$13,584,619$0$0$6,169,655
95$14,743,946$0$0$6,702,526
96$16,014,394$0$0$7,286,711
97$17,407,076$0$0$7,927,350
98$18,934,226$0$0$8,630,102
99$20,609,322$0$0$9,401,200
100$22,447,207$0$0$10,247,512