Can I retire at age 52 with 949,000?

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 $949,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$78,368$77,669$76,988$76,324$75,675$75,166
2 years$38,796$38,073$37,373$36,694$36,036$35,523
3 years$25,607$24,881$24,183$23,510$22,862$22,361
4 years$19,014$18,290$17,599$16,938$16,306$15,820
5 years$15,059$14,340$13,657$13,010$12,395$11,926
6 years$12,423$11,710$11,037$10,404$9,808$9,356
7 years$10,541$9,834$9,172$8,554$7,977$7,543
8 years$9,131$8,429$7,779$7,176$6,617$6,201
9 years$8,034$7,339$6,700$6,112$5,573$5,174
10 years$7,157$6,469$5,841$5,269$4,748$4,367
11 years$6,440$5,759$5,142$4,585$4,084$3,719
12 years$5,843$5,169$4,564$4,022$3,539$3,191
13 years$5,338$4,671$4,077$3,551$3,086$2,755
14 years$4,906$4,246$3,663$3,152$2,705$2,390
15 years$4,532$3,879$3,308$2,811$2,382$2,082
16 years$4,204$3,559$2,999$2,517$2,105$1,821
17 years$3,916$3,278$2,729$2,261$1,866$1,597
18 years$3,660$3,029$2,491$2,038$1,660$1,404
19 years$3,431$2,807$2,280$1,842$1,479$1,237
20 years$3,225$2,608$2,093$1,668$1,321$1,093
21 years$3,039$2,430$1,925$1,514$1,182$966
22 years$2,871$2,268$1,774$1,376$1,060$856
23 years$2,717$2,121$1,638$1,253$951$759
24 years$2,576$1,987$1,515$1,143$855$674
25 years$2,447$1,865$1,403$1,044$769$599
26 years$2,327$1,753$1,301$955$693$533
27 years$2,217$1,650$1,209$874$625$475
28 years$2,115$1,554$1,123$801$564$423
29 years$2,020$1,466$1,045$734$509$377
30 years$1,932$1,385$974$674$460$337
31 years$1,849$1,309$908$619$416$300
32 years$1,772$1,239$847$569$376$268
33 years$1,700$1,173$791$523$340$240
34 years$1,632$1,112$739$481$308$214
35 years$1,568$1,055$691$443$279$191
36 years$1,507$1,001$646$408$253$171
37 years$1,450$951$605$376$229$153
38 years$1,397$903$566$346$208$137
39 years$1,346$859$531$319$189$122
40 years$1,297$817$497$295$171$109
41 years$1,252$778$466$272$155$98
42 years$1,208$741$438$251$141$88
43 years$1,167$706$411$232$128$78
44 years$1,128$673$385$214$116$70
45 years$1,090$642$362$197$105$63
46 years$1,054$612$340$182$96$56
47 years$1,020$584$319$169$87$50
48 years$988$558$300$156$79$45
49 years$956$533$282$144$72$40
50 years$927$509$265$133$65$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $949,000, adding $5,244 every year, while hoping to spend $49,060 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: 74/14/12 Blend
51$949,000$949,000$949,000$949,000
52$1,051,207$1,000,910$986,201$1,126,074
53$1,106,231$997,755$967,039$1,173,080
54$1,165,223$992,802$945,591$1,217,941
55$1,228,536$985,909$921,728$1,265,746
56$1,296,557$976,929$895,317$1,316,773
57$1,369,712$965,705$866,216$1,371,327
58$1,448,467$952,069$834,279$1,429,748
59$1,533,335$935,845$799,352$1,492,408
60$1,624,879$916,845$761,274$1,559,719
61$1,723,718$894,872$719,878$1,632,135
62$1,830,531$869,714$674,987$1,710,159
63$1,946,065$841,150$626,419$1,794,344
64$2,071,141$808,944$573,982$1,885,302
65$2,206,662$772,847$517,476$1,983,707
66$2,353,621$732,596$456,690$2,090,305
67$2,513,109$687,912$391,408$2,205,918
68$2,686,327$638,500$321,400$2,331,454
69$2,874,594$584,048$246,429$2,467,914
70$3,079,364$524,228$166,246$2,616,403
71$3,302,234$458,690$80,590$2,778,142
72$3,544,964$387,068$0$2,954,478
73$3,809,488$308,972$0$3,148,281
74$4,097,936$223,992$0$3,370,909
75$4,412,651$131,694$0$3,613,880
76$4,756,215$31,620$0$3,879,230
77$5,131,467$0$0$4,169,204
78$5,541,533$0$0$4,498,095
79$5,989,855$0$0$4,863,034
80$6,480,224$0$0$5,262,241
81$7,016,811$0$0$5,699,116
82$7,604,212$0$0$6,177,407
83$8,247,486$0$0$6,701,238
84$8,952,205$0$0$7,275,152
85$9,724,504$0$0$7,904,153
86$10,571,142$0$0$8,593,751
87$11,499,561$0$0$9,350,014
88$12,517,959$0$0$10,179,626
89$13,635,365$0$0$11,089,950
90$14,861,725$0$0$12,089,096
91$16,207,993$0$0$13,185,995
92$17,686,237$0$0$14,390,487
93$19,309,751$0$0$15,713,413
94$21,093,178$0$0$17,166,713
95$23,052,650$0$0$18,763,541
96$25,205,939$0$0$20,518,389
97$27,572,624$0$0$22,447,223
98$30,174,275$0$0$24,567,629
99$33,034,656$0$0$26,898,987
100$36,179,947$0$0$29,462,646