Can I retire at age 52 with 958,000?

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 $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%18.9%
1 years$79,111$78,406$77,719$77,048$76,392$73,653
2 years$39,164$38,434$37,727$37,042$36,377$33,647
3 years$25,850$25,117$24,412$23,733$23,079$20,444
4 years$19,194$18,464$17,766$17,098$16,460$13,940
5 years$15,202$14,476$13,787$13,133$12,513$10,114
6 years$12,541$11,821$11,142$10,503$9,901$7,626
7 years$10,641$9,927$9,259$8,635$8,052$5,900
8 years$9,217$8,509$7,852$7,244$6,680$4,649
9 years$8,110$7,409$6,763$6,170$5,626$3,713
10 years$7,225$6,531$5,896$5,319$4,793$2,996
11 years$6,501$5,814$5,191$4,629$4,122$2,436
12 years$5,898$5,218$4,607$4,060$3,572$1,993
13 years$5,389$4,716$4,116$3,584$3,115$1,639
14 years$4,952$4,286$3,698$3,182$2,731$1,353
15 years$4,575$3,916$3,339$2,838$2,404$1,121
16 years$4,244$3,593$3,027$2,541$2,125$931
17 years$3,953$3,309$2,755$2,283$1,884$775
18 years$3,695$3,057$2,515$2,057$1,675$646
19 years$3,464$2,833$2,302$1,859$1,493$539
20 years$3,256$2,633$2,113$1,684$1,334$451
21 years$3,068$2,453$1,943$1,528$1,194$377
22 years$2,898$2,289$1,791$1,389$1,070$316
23 years$2,743$2,141$1,654$1,265$960$265
24 years$2,600$2,006$1,529$1,154$863$222
25 years$2,470$1,883$1,417$1,054$777$186
26 years$2,350$1,769$1,314$964$700$156
27 years$2,238$1,665$1,220$882$631$131
28 years$2,135$1,569$1,134$808$569$110
29 years$2,039$1,480$1,055$741$514$93
30 years$1,950$1,398$983$680$464$78
31 years$1,867$1,322$916$625$420$65
32 years$1,789$1,250$855$574$380$55
33 years$1,716$1,184$798$528$344$46
34 years$1,647$1,122$746$486$311$39
35 years$1,582$1,065$697$447$282$33
36 years$1,522$1,010$652$412$255$27
37 years$1,464$960$611$379$231$23
38 years$1,410$912$572$350$210$19
39 years$1,358$867$536$322$190$16
40 years$1,310$825$502$297$173$14
41 years$1,264$785$471$274$157$12
42 years$1,220$748$442$253$142$10
43 years$1,178$713$414$234$129$8
44 years$1,138$679$389$216$117$7
45 years$1,100$648$365$199$106$6
46 years$1,064$618$343$184$96$5
47 years$1,030$590$322$170$88$4
48 years$997$563$303$157$80$3
49 years$965$538$285$145$72$3
50 years$935$514$268$134$66$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $958,000, adding $2,474 every year, while hoping to spend $40,711 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: 67/7/26 Blend
51$958,000$958,000$958,000$958,000
52$1,058,268$1,007,494$992,645$1,121,870
53$1,122,895$1,013,545$982,582$1,171,019
54$1,192,750$1,018,528$970,818$1,219,910
55$1,268,322$1,022,348$957,253$1,272,456
56$1,350,151$1,024,903$941,781$1,329,021
57$1,438,829$1,026,086$924,293$1,390,004
58$1,535,008$1,025,782$904,675$1,455,847
59$1,639,403$1,023,870$882,806$1,527,037
60$1,752,803$1,020,221$858,561$1,604,115
61$1,876,075$1,014,697$831,809$1,687,674
62$2,010,172$1,007,155$802,411$1,778,370
63$2,156,143$997,438$770,225$1,876,929
64$2,315,142$985,386$735,101$1,984,151
65$2,488,440$970,823$696,880$2,100,919
66$2,677,435$953,567$655,399$2,228,207
67$2,883,665$933,424$610,487$2,367,092
68$3,108,824$910,187$561,964$2,518,760
69$3,354,777$883,639$509,642$2,684,523
70$3,623,576$853,549$453,327$2,865,827
71$3,917,480$819,673$392,813$3,064,266
72$4,238,979$781,752$327,888$3,281,603
73$4,590,810$739,514$258,328$3,519,779
74$4,975,991$692,668$183,900$3,780,938
75$5,397,844$640,911$104,363$4,067,446
76$5,860,026$583,917$19,461$4,381,912
77$6,366,566$521,347$0$4,727,214
78$6,921,901$452,838$0$5,126,264
79$7,530,917$378,009$0$5,569,873
80$8,198,997$296,458$0$6,056,580
81$8,932,069$207,759$0$6,590,729
82$9,736,663$111,461$0$7,177,110
83$10,619,971$7,091$0$7,820,996
84$11,589,916$0$0$8,528,201
85$12,655,228$0$0$9,313,283
86$13,825,520$0$0$10,176,394
87$15,111,385$0$0$11,124,806
88$16,524,492$0$0$12,167,134
89$18,077,695$0$0$13,312,869
90$19,785,158$0$0$14,572,467
91$21,662,483$0$0$15,957,447
92$23,726,862$0$0$17,480,500
93$25,997,234$0$0$19,155,609
94$28,494,466$0$0$20,998,181
95$31,241,549$0$0$23,025,189
96$34,263,815$0$0$25,255,336
97$37,589,175$0$0$27,709,227
98$41,248,381$0$0$30,409,568
99$45,275,316$0$0$33,381,374
100$49,707,317$0$0$36,652,210