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%18.5%
1 years$78,698$77,997$77,313$76,645$75,994$73,385
2 years$38,959$38,234$37,531$36,849$36,187$33,586
3 years$25,715$24,986$24,285$23,609$22,959$20,446
4 years$19,094$18,367$17,673$17,009$16,374$13,969
5 years$15,122$14,400$13,715$13,065$12,448$10,157
6 years$12,476$11,759$11,084$10,448$9,849$7,675
7 years$10,586$9,875$9,211$8,590$8,010$5,951
8 years$9,169$8,465$7,811$7,206$6,645$4,701
9 years$8,068$7,370$6,728$6,138$5,596$3,763
10 years$7,187$6,496$5,866$5,291$4,768$3,044
11 years$6,467$5,783$5,164$4,605$4,101$2,482
12 years$5,868$5,191$4,583$4,039$3,554$2,036
13 years$5,361$4,691$4,095$3,566$3,099$1,679
14 years$4,927$4,264$3,679$3,165$2,716$1,390
15 years$4,551$3,895$3,322$2,823$2,392$1,155
16 years$4,222$3,574$3,012$2,528$2,114$962
17 years$3,933$3,291$2,740$2,271$1,874$803
18 years$3,675$3,041$2,502$2,047$1,667$671
19 years$3,446$2,819$2,290$1,849$1,485$562
20 years$3,239$2,619$2,102$1,675$1,327$471
21 years$3,052$2,440$1,933$1,520$1,187$396
22 years$2,883$2,277$1,782$1,382$1,064$332
23 years$2,728$2,130$1,645$1,259$955$279
24 years$2,587$1,996$1,521$1,148$859$235
25 years$2,457$1,873$1,409$1,048$773$198
26 years$2,337$1,760$1,307$959$696$166
27 years$2,227$1,657$1,214$877$628$140
28 years$2,124$1,561$1,128$804$566$118
29 years$2,029$1,473$1,050$737$511$100
30 years$1,940$1,391$978$677$462$84
31 years$1,857$1,315$912$621$418$71
32 years$1,779$1,244$851$571$378$60
33 years$1,707$1,178$794$525$342$50
34 years$1,638$1,117$742$483$310$42
35 years$1,574$1,059$694$445$280$36
36 years$1,514$1,005$649$410$254$30
37 years$1,456$955$607$377$230$25
38 years$1,402$907$569$348$209$21
39 years$1,351$863$533$321$189$18
40 years$1,303$821$500$296$172$15
41 years$1,257$781$468$273$156$13
42 years$1,213$744$439$252$141$11
43 years$1,172$709$412$233$128$9
44 years$1,132$676$387$215$116$8
45 years$1,095$644$363$198$106$7
46 years$1,059$615$341$183$96$6
47 years$1,024$587$321$169$87$5
48 years$992$560$301$156$79$4
49 years$960$535$283$145$72$3
50 years$930$511$266$134$65$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $953,000, adding $4,464 every year, while hoping to spend $51,856 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: 43/29/28 Blend
51$953,000$953,000$953,000$953,000
52$1,054,811$1,004,302$989,530$1,091,391
53$1,107,227$998,338$967,505$1,112,073
54$1,163,252$990,344$943,004$1,129,216
55$1,223,198$980,166$915,890$1,146,801
56$1,287,410$967,640$886,018$1,164,898
57$1,356,264$952,592$853,237$1,183,590
58$1,430,174$934,840$817,391$1,202,972
59$1,509,593$914,188$778,315$1,223,152
60$1,595,019$890,431$735,836$1,244,254
61$1,686,999$863,351$689,775$1,266,418
62$1,786,134$832,716$639,944$1,289,804
63$1,893,083$798,282$586,145$1,314,595
64$2,008,570$759,791$528,174$1,340,995
65$2,133,393$716,970$465,817$1,369,237
66$2,268,427$669,528$398,849$1,399,582
67$2,414,632$617,161$327,036$1,432,327
68$2,573,068$559,545$250,135$1,467,803
69$2,744,896$496,339$167,890$1,506,384
70$2,931,397$427,180$80,035$1,548,490
71$3,133,975$351,688$0$1,594,590
72$3,354,180$269,460$0$1,649,311
73$3,593,712$180,069$0$1,734,927
74$3,854,445$83,067$0$1,828,251
75$4,138,439$0$0$1,930,116
76$4,447,962$0$0$2,048,469
77$4,785,510$0$0$2,206,553
78$5,153,829$0$0$2,379,160
79$5,555,942$0$0$2,567,720
80$5,995,179$0$0$2,773,808
81$6,475,202$0$0$2,999,160
82$7,000,046$0$0$3,245,683
83$7,574,152$0$0$3,515,481
84$8,202,409$0$0$3,810,869
85$8,890,204$0$0$4,134,395
86$9,643,464$0$0$4,488,868
87$10,468,721$0$0$4,877,380
88$11,373,165$0$0$5,303,335
89$12,364,716$0$0$5,770,484
90$13,452,097$0$0$6,282,957
91$14,644,916$0$0$6,845,306
92$15,953,755$0$0$7,462,540
93$17,390,269$0$0$8,140,182
94$18,967,299$0$0$8,884,312
95$20,698,987$0$0$9,701,628
96$22,600,914$0$0$10,599,511
97$24,690,242$0$0$11,586,090
98$26,985,878$0$0$12,670,321
99$29,508,653$0$0$13,862,071
100$32,281,512$0$0$15,172,210