Can I retire at age 52 with 960,000?

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 $960,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$79,276$78,570$77,881$77,208$76,552$74,701
2 years$39,245$38,515$37,806$37,119$36,453$34,600
3 years$25,904$25,170$24,463$23,783$23,127$21,329
4 years$19,234$18,502$17,803$17,134$16,495$14,766
5 years$15,234$14,506$13,816$13,161$12,539$10,884
6 years$12,567$11,845$11,165$10,525$9,922$8,342
7 years$10,664$9,948$9,278$8,653$8,069$6,565
8 years$9,236$8,527$7,869$7,259$6,694$5,265
9 years$8,127$7,424$6,777$6,183$5,637$4,282
10 years$7,240$6,544$5,909$5,330$4,803$3,521
11 years$6,515$5,826$5,202$4,638$4,131$2,919
12 years$5,911$5,229$4,617$4,068$3,580$2,436
13 years$5,400$4,725$4,125$3,592$3,122$2,045
14 years$4,963$4,295$3,706$3,188$2,736$1,723
15 years$4,584$3,924$3,346$2,844$2,409$1,458
16 years$4,253$3,600$3,034$2,546$2,129$1,237
17 years$3,961$3,316$2,760$2,288$1,888$1,052
18 years$3,702$3,064$2,520$2,062$1,679$897
19 years$3,471$2,839$2,307$1,863$1,496$766
20 years$3,263$2,639$2,117$1,687$1,337$655
21 years$3,075$2,458$1,947$1,531$1,196$561
22 years$2,904$2,294$1,795$1,392$1,072$481
23 years$2,748$2,146$1,657$1,268$962$413
24 years$2,606$2,010$1,533$1,156$865$354
25 years$2,475$1,887$1,420$1,056$778$305
26 years$2,354$1,773$1,317$966$701$262
27 years$2,243$1,669$1,223$884$632$225
28 years$2,140$1,572$1,136$810$570$194
29 years$2,044$1,483$1,058$743$515$167
30 years$1,954$1,401$985$682$465$144
31 years$1,871$1,324$918$626$421$124
32 years$1,792$1,253$857$575$381$107
33 years$1,719$1,187$800$529$344$92
34 years$1,650$1,125$748$487$312$79
35 years$1,586$1,067$699$448$282$68
36 years$1,525$1,013$654$413$256$59
37 years$1,467$962$612$380$232$51
38 years$1,413$914$573$350$210$44
39 years$1,361$869$537$323$191$38
40 years$1,312$827$503$298$173$33
41 years$1,266$787$472$275$157$28
42 years$1,222$750$443$254$142$24
43 years$1,180$714$415$234$129$21
44 years$1,141$681$390$216$117$18
45 years$1,103$649$366$200$106$16
46 years$1,067$619$344$185$97$13
47 years$1,032$591$323$170$88$12
48 years$999$564$304$158$80$10
49 years$967$539$285$146$72$9
50 years$937$515$268$135$66$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $960,000, adding $4,090 every year, while hoping to spend $56,740 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: 71/10/19 Blend
51$960,000$960,000$960,000$960,000
52$1,062,139$1,011,259$996,379$1,132,421
53$1,110,106$1,000,440$969,387$1,168,921
54$1,161,064$987,189$939,588$1,201,710
55$1,215,259$971,327$906,830$1,236,180
56$1,272,957$952,664$870,952$1,272,491
57$1,334,454$931,000$831,784$1,310,818
58$1,400,071$906,121$789,151$1,351,357
59$1,470,160$877,803$742,870$1,394,323
60$1,545,108$845,807$692,747$1,439,957
61$1,625,337$809,879$638,582$1,488,523
62$1,711,313$769,755$580,166$1,540,316
63$1,803,544$725,150$517,279$1,595,662
64$1,902,589$675,766$449,692$1,654,922
65$2,009,063$621,288$377,165$1,718,496
66$2,123,637$561,381$299,450$1,786,828
67$2,247,052$495,693$216,286$1,860,407
68$2,380,120$423,850$127,400$1,939,777
69$2,523,732$345,459$32,508$2,025,539
70$2,678,870$260,103$0$2,118,358
71$2,846,609$167,343$0$2,232,910
72$3,028,135$66,714$0$2,364,009
73$3,224,748$0$0$2,506,024
74$3,437,879$0$0$2,664,671
75$3,669,103$0$0$2,844,791
76$3,920,148$0$0$3,040,396
77$4,192,920$0$0$3,252,974
78$4,489,511$0$0$3,484,162
79$4,812,225$0$0$3,735,761
80$5,163,597$0$0$4,009,755
81$5,546,415$0$0$4,308,323
82$5,963,749$0$0$4,633,868
83$6,418,976$0$0$4,989,029
84$6,915,815$0$0$5,376,717
85$7,458,357$0$0$5,800,131
86$8,051,109$0$0$6,262,795
87$8,699,028$0$0$6,768,589
88$9,407,577$0$0$7,321,784
89$10,182,767$0$0$7,927,083
90$11,031,219$0$0$8,589,665
91$11,960,222$0$0$9,315,231
92$12,977,803$0$0$10,110,063
93$14,092,803$0$0$10,981,074
94$15,314,957$0$0$11,935,882
95$16,654,990$0$0$12,982,874
96$18,124,709$0$0$14,131,290
97$19,737,124$0$0$15,391,305
98$21,506,562$0$0$16,774,129
99$23,448,804$0$0$18,292,107
100$25,581,234$0$0$19,958,841