Can I retire at age 52 with 953,000?

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 $953,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$78,698$77,997$77,313$76,645$75,994$73,917
2 years$38,959$38,234$37,531$36,849$36,187$34,110
3 years$25,715$24,986$24,285$23,609$22,959$20,946
4 years$19,094$18,367$17,673$17,009$16,374$14,442
5 years$15,122$14,400$13,715$13,065$12,448$10,600
6 years$12,476$11,759$11,084$10,448$9,849$8,089
7 years$10,586$9,875$9,211$8,590$8,010$6,337
8 years$9,169$8,465$7,811$7,206$6,645$5,059
9 years$8,068$7,370$6,728$6,138$5,596$4,095
10 years$7,187$6,496$5,866$5,291$4,768$3,350
11 years$6,467$5,783$5,164$4,605$4,101$2,763
12 years$5,868$5,191$4,583$4,039$3,554$2,294
13 years$5,361$4,691$4,095$3,566$3,099$1,915
14 years$4,927$4,264$3,679$3,165$2,716$1,605
15 years$4,551$3,895$3,322$2,823$2,392$1,350
16 years$4,222$3,574$3,012$2,528$2,114$1,139
17 years$3,933$3,291$2,740$2,271$1,874$964
18 years$3,675$3,041$2,502$2,047$1,667$817
19 years$3,446$2,819$2,290$1,849$1,485$693
20 years$3,239$2,619$2,102$1,675$1,327$589
21 years$3,052$2,440$1,933$1,520$1,187$501
22 years$2,883$2,277$1,782$1,382$1,064$427
23 years$2,728$2,130$1,645$1,259$955$364
24 years$2,587$1,996$1,521$1,148$859$311
25 years$2,457$1,873$1,409$1,048$773$265
26 years$2,337$1,760$1,307$959$696$227
27 years$2,227$1,657$1,214$877$628$194
28 years$2,124$1,561$1,128$804$566$166
29 years$2,029$1,473$1,050$737$511$142
30 years$1,940$1,391$978$677$462$121
31 years$1,857$1,315$912$621$418$104
32 years$1,779$1,244$851$571$378$89
33 years$1,707$1,178$794$525$342$76
34 years$1,638$1,117$742$483$310$65
35 years$1,574$1,059$694$445$280$56
36 years$1,514$1,005$649$410$254$48
37 years$1,456$955$607$377$230$41
38 years$1,402$907$569$348$209$35
39 years$1,351$863$533$321$189$30
40 years$1,303$821$500$296$172$26
41 years$1,257$781$468$273$156$22
42 years$1,213$744$439$252$141$19
43 years$1,172$709$412$233$128$16
44 years$1,132$676$387$215$116$14
45 years$1,095$644$363$198$106$12
46 years$1,059$615$341$183$96$10
47 years$1,024$587$321$169$87$9
48 years$992$560$301$156$79$7
49 years$960$535$283$145$72$6
50 years$930$511$266$134$65$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $953,000, adding $2,869 every year, while hoping to spend $22,229 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: 36/34/30 Blend
51$953,000$953,000$953,000$953,000
52$1,053,165$1,002,656$987,885$1,081,525
53$1,136,937$1,028,135$997,328$1,128,462
54$1,228,508$1,054,117$1,006,341$1,176,899
55$1,328,651$1,080,604$1,014,889$1,228,773
56$1,438,215$1,107,596$1,022,930$1,284,410
57$1,558,138$1,135,093$1,030,423$1,344,168
58$1,689,449$1,163,093$1,037,323$1,408,441
59$1,833,284$1,191,596$1,043,585$1,477,666
60$1,990,893$1,220,598$1,049,159$1,552,321
61$2,163,652$1,250,096$1,053,994$1,632,937
62$2,353,078$1,280,084$1,058,036$1,720,095
63$2,560,841$1,310,556$1,061,228$1,814,439
64$2,788,779$1,341,506$1,063,512$1,916,678
65$3,038,919$1,372,924$1,064,824$2,027,593
66$3,313,492$1,404,801$1,065,100$2,148,044
67$3,614,957$1,437,125$1,064,269$2,278,983
68$3,946,021$1,469,883$1,062,261$2,421,457
69$4,309,668$1,503,060$1,058,999$2,576,619
70$4,709,182$1,536,638$1,054,404$2,745,744
71$5,148,185$1,570,600$1,048,392$2,930,234
72$5,630,664$1,604,923$1,040,878$3,131,638
73$6,161,013$1,639,586$1,031,768$3,351,661
74$6,744,072$1,674,561$1,020,969$3,592,186
75$7,385,175$1,709,822$1,008,378$3,855,287
76$8,090,196$1,745,336$993,892$4,143,252
77$8,865,608$1,781,070$977,400$4,458,601
78$9,718,544$1,816,987$958,787$4,804,117
79$10,656,862$1,853,045$937,933$5,182,864
80$11,689,220$1,889,203$914,711$5,598,223
81$12,825,157$1,925,410$888,991$6,053,920
82$14,075,185$1,961,616$860,633$6,554,064
83$15,450,883$1,997,765$829,494$7,103,186
84$16,965,014$2,033,797$795,423$7,706,279
85$18,631,638$2,069,645$758,262$8,368,849
86$20,466,247$2,105,240$717,846$9,096,967
87$22,485,913$2,140,505$674,003$9,897,325
88$24,709,447$2,175,361$626,552$10,777,300
89$27,157,575$2,209,718$575,306$11,745,027
90$29,853,137$2,243,483$520,068$12,809,470
91$32,821,298$2,276,556$460,632$13,980,516
92$36,089,792$2,308,828$396,784$15,269,060
93$39,689,174$2,340,184$328,300$16,687,116
94$43,653,118$2,370,501$254,946$18,247,924
95$48,018,726$2,399,646$176,477$19,966,083
96$52,826,886$2,427,478$92,639$21,857,682
97$58,122,651$2,453,848$3,165$23,940,461
98$63,955,668$2,478,593$0$26,233,971
99$70,380,645$2,501,542$0$28,789,317
100$77,457,866$2,522,513$0$31,603,707