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%11.2%
1 years$78,698$77,997$77,313$76,645$75,994$75,610
2 years$38,959$38,234$37,531$36,849$36,187$35,800
3 years$25,715$24,986$24,285$23,609$22,959$22,580
4 years$19,094$18,367$17,673$17,009$16,374$16,007
5 years$15,122$14,400$13,715$13,065$12,448$12,092
6 years$12,476$11,759$11,084$10,448$9,849$9,507
7 years$10,586$9,875$9,211$8,590$8,010$7,681
8 years$9,169$8,465$7,811$7,206$6,645$6,329
9 years$8,068$7,370$6,728$6,138$5,596$5,293
10 years$7,187$6,496$5,866$5,291$4,768$4,478
11 years$6,467$5,783$5,164$4,605$4,101$3,824
12 years$5,868$5,191$4,583$4,039$3,554$3,289
13 years$5,361$4,691$4,095$3,566$3,099$2,846
14 years$4,927$4,264$3,679$3,165$2,716$2,476
15 years$4,551$3,895$3,322$2,823$2,392$2,163
16 years$4,222$3,574$3,012$2,528$2,114$1,896
17 years$3,933$3,291$2,740$2,271$1,874$1,668
18 years$3,675$3,041$2,502$2,047$1,667$1,470
19 years$3,446$2,819$2,290$1,849$1,485$1,300
20 years$3,239$2,619$2,102$1,675$1,327$1,151
21 years$3,052$2,440$1,933$1,520$1,187$1,021
22 years$2,883$2,277$1,782$1,382$1,064$907
23 years$2,728$2,130$1,645$1,259$955$807
24 years$2,587$1,996$1,521$1,148$859$719
25 years$2,457$1,873$1,409$1,048$773$641
26 years$2,337$1,760$1,307$959$696$572
27 years$2,227$1,657$1,214$877$628$511
28 years$2,124$1,561$1,128$804$566$457
29 years$2,029$1,473$1,050$737$511$409
30 years$1,940$1,391$978$677$462$366
31 years$1,857$1,315$912$621$418$327
32 years$1,779$1,244$851$571$378$293
33 years$1,707$1,178$794$525$342$263
34 years$1,638$1,117$742$483$310$236
35 years$1,574$1,059$694$445$280$211
36 years$1,514$1,005$649$410$254$190
37 years$1,456$955$607$377$230$170
38 years$1,402$907$569$348$209$153
39 years$1,351$863$533$321$189$137
40 years$1,303$821$500$296$172$123
41 years$1,257$781$468$273$156$110
42 years$1,213$744$439$252$141$99
43 years$1,172$709$412$233$128$89
44 years$1,132$676$387$215$116$80
45 years$1,095$644$363$198$106$72
46 years$1,059$615$341$183$96$65
47 years$1,024$587$321$169$87$58
48 years$992$560$301$156$79$52
49 years$960$535$283$145$72$47
50 years$930$511$266$134$65$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $953,000, adding $5,188 every year, while hoping to spend $48,454 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: 20/50/30 Blend
51$953,000$953,000$953,000$953,000
52$1,055,557$1,005,048$990,277$1,066,534
53$1,111,670$1,002,741$971,897$1,075,119
54$1,171,881$998,697$951,276$1,079,964
55$1,236,559$992,779$928,290$1,084,081
56$1,306,107$984,844$902,806$1,087,441
57$1,380,966$974,737$874,686$1,090,018
58$1,461,622$962,297$843,786$1,091,790
59$1,548,608$947,350$809,954$1,092,737
60$1,642,511$929,716$773,032$1,092,844
61$1,743,975$909,199$732,856$1,092,100
62$1,853,706$885,596$689,253$1,090,500
63$1,972,483$858,689$642,042$1,088,046
64$2,101,161$828,250$591,035$1,084,748
65$2,240,680$794,034$536,036$1,080,625
66$2,392,074$755,786$476,837$1,075,706
67$2,556,479$713,234$413,225$1,070,033
68$2,735,147$666,089$344,975$1,063,661
69$2,929,453$614,048$271,852$1,056,661
70$3,140,911$556,790$193,613$1,049,123
71$3,371,186$493,975$110,001$1,041,156
72$3,622,111$425,244$20,750$1,032,894
73$3,895,703$350,218$0$1,024,497
74$4,194,182$268,495$0$1,039,998
75$4,519,991$179,654$0$1,064,415
76$4,875,819$83,246$0$1,091,454
77$5,264,627$0$0$1,121,520
78$5,689,676$0$0$1,166,733
79$6,154,553$0$0$1,266,443
80$6,663,211$0$0$1,375,716
81$7,219,999$0$0$1,495,507
82$7,829,710$0$0$1,626,870
83$8,497,620$0$0$1,770,965
84$9,229,538$0$0$1,929,070
85$10,031,865$0$0$2,102,592
86$10,911,648$0$0$2,293,080
87$11,876,650$0$0$2,502,243
88$12,935,420$0$0$2,731,962
89$14,097,376$0$0$2,984,309
90$15,372,892$0$0$3,261,566
91$16,773,395$0$0$3,566,248
92$18,311,471$0$0$3,901,126
93$20,000,988$0$0$4,269,252
94$21,857,221$0$0$4,673,988
95$23,896,997$0$0$5,119,039
96$26,138,857$0$0$5,608,487
97$28,603,223$0$0$6,146,830
98$31,312,599$0$0$6,739,020
99$34,291,773$0$0$7,390,519
100$37,568,061$0$0$8,107,340