Can I retire at age 52 with 958,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $958,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$79,111$78,406$77,719$77,048$76,392$74,455
2 years$39,164$38,434$37,727$37,042$36,377$34,438
3 years$25,850$25,117$24,412$23,733$23,079$21,199
4 years$19,194$18,464$17,766$17,098$16,460$14,653
5 years$15,202$14,476$13,787$13,133$12,513$10,784
6 years$12,541$11,821$11,142$10,503$9,901$8,252
7 years$10,641$9,927$9,259$8,635$8,052$6,483
8 years$9,217$8,509$7,852$7,244$6,680$5,190
9 years$8,110$7,409$6,763$6,170$5,626$4,214
10 years$7,225$6,531$5,896$5,319$4,793$3,458
11 years$6,501$5,814$5,191$4,629$4,122$2,862
12 years$5,898$5,218$4,607$4,060$3,572$2,384
13 years$5,389$4,716$4,116$3,584$3,115$1,996
14 years$4,952$4,286$3,698$3,182$2,731$1,679
15 years$4,575$3,916$3,339$2,838$2,404$1,418
16 years$4,244$3,593$3,027$2,541$2,125$1,200
17 years$3,953$3,309$2,755$2,283$1,884$1,019
18 years$3,695$3,057$2,515$2,057$1,675$867
19 years$3,464$2,833$2,302$1,859$1,493$738
20 years$3,256$2,633$2,113$1,684$1,334$630
21 years$3,068$2,453$1,943$1,528$1,194$538
22 years$2,898$2,289$1,791$1,389$1,070$460
23 years$2,743$2,141$1,654$1,265$960$394
24 years$2,600$2,006$1,529$1,154$863$338
25 years$2,470$1,883$1,417$1,054$777$289
26 years$2,350$1,769$1,314$964$700$248
27 years$2,238$1,665$1,220$882$631$213
28 years$2,135$1,569$1,134$808$569$183
29 years$2,039$1,480$1,055$741$514$157
30 years$1,950$1,398$983$680$464$135
31 years$1,867$1,322$916$625$420$116
32 years$1,789$1,250$855$574$380$100
33 years$1,716$1,184$798$528$344$86
34 years$1,647$1,122$746$486$311$74
35 years$1,582$1,065$697$447$282$63
36 years$1,522$1,010$652$412$255$54
37 years$1,464$960$611$379$231$47
38 years$1,410$912$572$350$210$40
39 years$1,358$867$536$322$190$35
40 years$1,310$825$502$297$173$30
41 years$1,264$785$471$274$157$26
42 years$1,220$748$442$253$142$22
43 years$1,178$713$414$234$129$19
44 years$1,138$679$389$216$117$16
45 years$1,100$648$365$199$106$14
46 years$1,064$618$343$184$96$12
47 years$1,030$590$322$170$88$10
48 years$997$563$303$157$80$9
49 years$965$538$285$145$72$8
50 years$935$514$268$134$66$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $958,000, adding $2,676 every year, while hoping to spend $31,824 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: 38/40/22 Blend
51$958,000$958,000$958,000$958,000
52$1,058,476$1,007,702$992,853$1,091,643
53$1,132,580$1,023,219$992,253$1,131,456
54$1,213,176$1,038,430$990,567$1,171,276
55$1,300,893$1,053,286$987,723$1,213,667
56$1,396,422$1,067,734$983,650$1,258,882
57$1,500,524$1,081,721$978,270$1,307,198
58$1,614,038$1,095,185$971,501$1,358,923
59$1,737,884$1,108,063$963,261$1,414,397
60$1,873,077$1,120,288$953,460$1,473,996
61$2,020,736$1,131,786$942,005$1,538,137
62$2,182,088$1,142,481$928,799$1,607,279
63$2,358,488$1,152,290$913,741$1,681,933
64$2,551,427$1,161,125$896,724$1,762,662
65$2,762,545$1,168,892$877,637$1,850,088
66$2,993,649$1,175,493$856,363$1,944,900
67$3,246,730$1,180,821$832,780$2,047,858
68$3,523,979$1,184,764$806,761$2,159,805
69$3,827,809$1,187,201$778,171$2,281,671
70$4,160,877$1,188,006$746,871$2,414,483
71$4,526,112$1,187,043$712,717$2,559,378
72$4,926,736$1,184,169$675,553$2,717,610
73$5,366,301$1,179,231$635,222$2,890,567
74$5,848,719$1,172,068$591,557$3,079,780
75$6,378,297$1,162,508$544,383$3,286,944
76$6,959,782$1,150,370$493,519$3,513,927
77$7,598,402$1,135,460$438,774$3,762,795
78$8,299,916$1,117,575$379,950$4,035,829
79$9,070,668$1,096,497$316,839$4,335,548
80$9,917,648$1,071,997$249,225$4,664,733
81$10,848,556$1,043,833$176,882$5,026,455
82$11,871,875$1,011,747$99,573$5,424,106
83$12,996,950$975,466$17,053$5,861,429
84$14,234,079$934,704$0$6,342,557
85$15,594,605$889,154$0$6,888,720
86$17,091,027$838,495$0$7,493,640
87$18,737,116$782,386$0$8,158,933
88$20,548,044$720,465$0$8,890,801
89$22,540,529$652,353$0$9,696,083
90$24,732,990$577,645$0$10,582,324
91$27,145,722$495,916$0$11,557,843
92$29,801,086$406,717$0$12,631,815
93$32,723,722$309,571$0$13,814,358
94$35,940,780$203,978$0$15,116,630
95$39,482,173$89,406$0$16,550,935
96$43,380,864$0$0$18,130,840
97$47,673,174$0$0$19,886,582
98$52,399,126$0$0$21,863,195
99$57,602,817$0$0$24,039,790
100$63,332,843$0$0$26,436,714