Can I retire at age 52 with 948,000?

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 $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%17.1%
1 years$78,285$77,588$76,907$76,243$75,595$73,410
2 years$38,755$38,033$37,334$36,655$35,998$33,814
3 years$25,580$24,855$24,157$23,485$22,838$20,724
4 years$18,994$18,271$17,580$16,920$16,288$14,260
5 years$15,043$14,325$13,643$12,996$12,382$10,445
6 years$12,410$11,697$11,026$10,393$9,798$7,953
7 years$10,530$9,823$9,162$8,545$7,968$6,217
8 years$9,121$8,420$7,770$7,168$6,610$4,951
9 years$8,025$7,331$6,693$6,106$5,567$3,998
10 years$7,149$6,462$5,835$5,263$4,743$3,262
11 years$6,433$5,753$5,137$4,580$4,079$2,684
12 years$5,837$5,164$4,559$4,018$3,535$2,223
13 years$5,333$4,666$4,073$3,547$3,083$1,850
14 years$4,901$4,242$3,660$3,149$2,702$1,547
15 years$4,527$3,875$3,304$2,808$2,379$1,298
16 years$4,200$3,555$2,996$2,514$2,103$1,092
17 years$3,912$3,274$2,726$2,259$1,864$920
18 years$3,656$3,025$2,488$2,036$1,658$778
19 years$3,427$2,804$2,278$1,840$1,478$658
20 years$3,222$2,606$2,091$1,666$1,320$558
21 years$3,036$2,427$1,923$1,512$1,181$473
22 years$2,868$2,265$1,772$1,375$1,059$402
23 years$2,714$2,119$1,636$1,252$950$342
24 years$2,573$1,985$1,513$1,142$854$291
25 years$2,444$1,863$1,402$1,043$769$247
26 years$2,325$1,751$1,300$954$692$211
27 years$2,215$1,648$1,207$873$624$179
28 years$2,113$1,553$1,122$800$563$153
29 years$2,018$1,465$1,044$733$509$130
30 years$1,930$1,383$973$673$460$111
31 years$1,847$1,308$907$618$415$95
32 years$1,770$1,237$846$568$376$81
33 years$1,698$1,172$790$522$340$69
34 years$1,630$1,111$738$481$308$59
35 years$1,566$1,053$690$442$279$50
36 years$1,506$1,000$646$407$253$43
37 years$1,449$950$604$375$229$37
38 years$1,395$902$566$346$208$31
39 years$1,344$858$530$319$188$27
40 years$1,296$816$497$294$171$23
41 years$1,250$777$466$272$155$19
42 years$1,207$740$437$251$141$17
43 years$1,166$705$410$231$128$14
44 years$1,126$672$385$214$116$12
45 years$1,089$641$362$197$105$10
46 years$1,053$612$340$182$95$9
47 years$1,019$584$319$168$87$8
48 years$987$557$300$156$79$6
49 years$955$532$282$144$72$5
50 years$926$508$265$133$65$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $948,000, adding $5,876 every year, while hoping to spend $30,628 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: 71/9/20 Blend
51$948,000$948,000$948,000$948,000
52$1,050,757$1,000,513$985,819$1,119,854
53$1,125,346$1,016,950$986,256$1,183,085
54$1,206,517$1,033,166$985,681$1,248,093
55$1,294,909$1,049,118$984,028$1,318,505
56$1,391,224$1,064,759$981,228$1,394,852
57$1,496,236$1,080,040$977,207$1,477,722
58$1,610,798$1,094,908$971,889$1,567,759
59$1,735,847$1,109,306$965,194$1,665,675
60$1,872,414$1,123,172$957,039$1,772,255
61$2,021,635$1,136,443$947,335$1,888,362
62$2,184,761$1,149,048$935,990$2,014,950
63$2,363,170$1,160,914$922,908$2,153,070
64$2,558,376$1,171,962$907,988$2,303,879
65$2,772,049$1,182,107$891,125$2,468,654
66$3,006,027$1,191,259$872,207$2,648,802
67$3,262,335$1,199,324$851,119$2,845,873
68$3,543,202$1,206,200$827,740$3,061,578
69$3,851,083$1,211,777$801,943$3,297,801
70$4,188,681$1,215,942$773,596$3,556,619
71$4,558,975$1,218,572$742,561$3,840,323
72$4,965,245$1,219,537$708,691$4,151,437
73$5,411,105$1,218,699$671,837$4,492,744
74$5,900,533$1,215,911$631,839$4,867,311
75$6,437,914$1,211,017$588,532$5,278,520
76$7,028,077$1,203,853$541,743$5,730,097
77$7,676,342$1,194,242$491,293$6,226,152
78$8,388,569$1,182,000$436,991$6,771,213
79$9,171,214$1,166,929$378,641$7,370,273
80$10,031,389$1,148,820$316,038$8,028,834
81$10,976,931$1,127,453$248,965$8,752,962
82$12,016,472$1,102,592$177,200$9,549,342
83$13,159,523$1,073,990$100,506$10,425,346
84$14,416,563$1,041,383$18,641$11,389,096
85$15,799,135$1,004,494$0$12,449,547
86$17,319,960$963,028$0$13,631,233
87$18,993,054$916,673$0$14,935,566
88$20,833,855$865,101$0$16,370,615
89$22,859,380$807,962$0$17,949,657
90$25,088,372$744,888$0$19,687,324
91$27,541,488$675,489$0$21,599,741
92$30,241,486$599,355$0$23,704,674
93$33,213,443$516,048$0$26,021,704
94$36,484,990$425,111$0$28,572,406
95$40,086,574$326,056$0$31,380,554
96$44,051,744$218,371$0$34,472,350
97$48,417,465$101,515$0$37,876,666
98$53,224,471$0$0$41,625,317
99$58,517,648$0$0$45,755,848
100$64,346,454$0$0$50,315,492