Can I retire at age 52 with 956,000?

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 $956,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$78,946$78,242$77,556$76,887$76,233$74,360
2 years$39,082$38,354$37,649$36,965$36,301$34,426
3 years$25,796$25,065$24,361$23,684$23,031$21,212
4 years$19,154$18,425$17,729$17,063$16,426$14,677
5 years$15,170$14,446$13,758$13,106$12,487$10,813
6 years$12,515$11,796$11,119$10,481$9,880$8,283
7 years$10,619$9,906$9,240$8,617$8,035$6,515
8 years$9,198$8,491$7,836$7,228$6,666$5,222
9 years$8,093$7,393$6,749$6,157$5,614$4,245
10 years$7,210$6,517$5,884$5,307$4,783$3,488
11 years$6,488$5,802$5,180$4,619$4,114$2,890
12 years$5,886$5,207$4,597$4,052$3,565$2,410
13 years$5,378$4,706$4,107$3,577$3,109$2,021
14 years$4,942$4,277$3,691$3,175$2,725$1,703
15 years$4,565$3,908$3,332$2,832$2,399$1,439
16 years$4,235$3,585$3,021$2,535$2,121$1,221
17 years$3,945$3,302$2,749$2,278$1,880$1,037
18 years$3,687$3,051$2,509$2,053$1,672$884
19 years$3,456$2,828$2,297$1,855$1,490$754
20 years$3,249$2,628$2,108$1,680$1,331$644
21 years$3,062$2,447$1,939$1,525$1,191$551
22 years$2,892$2,285$1,787$1,386$1,068$472
23 years$2,737$2,137$1,650$1,263$958$405
24 years$2,595$2,002$1,526$1,152$861$348
25 years$2,465$1,879$1,414$1,052$775$298
26 years$2,345$1,766$1,311$962$698$256
27 years$2,234$1,662$1,217$880$630$220
28 years$2,131$1,566$1,132$806$568$189
29 years$2,035$1,477$1,053$740$513$163
30 years$1,946$1,395$981$679$463$140
31 years$1,863$1,319$915$623$419$121
32 years$1,785$1,248$853$573$379$104
33 years$1,712$1,182$797$527$343$89
34 years$1,644$1,120$744$485$311$77
35 years$1,579$1,062$696$446$281$66
36 years$1,518$1,008$651$411$255$57
37 years$1,461$958$609$379$231$49
38 years$1,407$910$571$349$209$42
39 years$1,356$865$535$322$190$37
40 years$1,307$823$501$297$172$31
41 years$1,261$784$470$274$156$27
42 years$1,217$746$441$253$142$23
43 years$1,175$711$414$233$129$20
44 years$1,136$678$388$215$117$17
45 years$1,098$646$365$199$106$15
46 years$1,062$617$342$184$96$13
47 years$1,028$589$322$170$87$11
48 years$995$562$302$157$79$10
49 years$963$537$284$145$72$8
50 years$933$513$267$134$65$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $956,000, adding $6,244 every year, while hoping to spend $35,652 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: 64/7/29 Blend
51$956,000$956,000$956,000$956,000
52$1,059,953$1,009,285$994,467$1,119,227
53$1,130,134$1,020,806$989,848$1,171,666
54$1,206,280$1,031,697$983,879$1,224,475
55$1,288,959$1,041,890$976,478$1,281,414
56$1,378,801$1,051,310$967,558$1,342,895
57$1,476,495$1,059,880$957,028$1,409,373
58$1,582,801$1,067,518$944,792$1,481,348
59$1,698,555$1,074,135$930,751$1,559,374
60$1,824,677$1,079,636$914,800$1,644,061
61$1,962,178$1,083,923$896,830$1,736,083
62$2,112,173$1,086,888$876,727$1,836,184
63$2,275,888$1,088,419$854,370$1,945,185
64$2,454,673$1,088,395$829,635$2,063,991
65$2,650,012$1,086,690$802,391$2,193,601
66$2,863,543$1,083,167$772,501$2,335,119
67$3,097,066$1,077,684$739,821$2,489,761
68$3,352,563$1,070,087$704,202$2,658,869
69$3,632,219$1,060,215$665,487$2,843,925
70$3,938,436$1,047,897$623,512$3,046,564
71$4,273,864$1,032,951$578,106$3,268,586
72$4,641,416$1,015,184$529,091$3,511,983
73$5,044,305$994,393$476,281$3,778,946
74$5,486,067$970,361$419,479$4,071,897
75$5,970,597$942,859$358,482$4,393,505
76$6,502,185$911,646$293,078$4,746,714
77$7,085,556$876,465$223,045$5,134,772
78$7,725,916$837,045$148,150$5,561,260
79$8,428,998$793,099$68,151$6,030,130
80$9,201,118$744,323$0$6,545,737
81$10,049,233$690,396$0$7,118,215
82$10,981,009$630,980$0$7,770,384
83$12,004,889$565,714$0$8,487,064
84$13,130,174$494,221$0$9,274,785
85$14,367,114$416,100$0$10,140,746
86$15,726,998$330,927$0$11,092,877
87$17,222,264$238,255$0$12,139,918
88$18,866,618$137,613$0$13,291,499
89$20,675,159$28,501$0$14,558,231
90$22,664,520$0$0$15,951,808
91$24,853,033$0$0$17,492,017
92$27,260,890$0$0$19,189,086
93$29,910,344$0$0$21,056,513
94$32,825,910$0$0$23,111,586
95$36,034,603$0$0$25,373,357
96$39,566,187$0$0$27,862,816
97$43,453,458$0$0$30,603,095
98$47,732,553$0$0$33,619,676
99$52,443,292$0$0$36,940,644
100$57,629,549$0$0$40,596,941