Can I retire at age 52 with 961,000?

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 $961,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$79,358$78,652$77,962$77,289$76,631$73,766
2 years$39,286$38,555$37,846$37,158$36,491$33,637
3 years$25,931$25,196$24,489$23,808$23,152$20,398
4 years$19,254$18,522$17,821$17,152$16,512$13,881
5 years$15,249$14,521$13,830$13,174$12,552$10,050
6 years$12,580$11,858$11,177$10,536$9,932$7,561
7 years$10,675$9,958$9,288$8,662$8,077$5,836
8 years$9,246$8,536$7,877$7,266$6,701$4,588
9 years$8,135$7,432$6,784$6,189$5,643$3,655
10 years$7,248$6,551$5,915$5,335$4,808$2,942
11 years$6,522$5,832$5,207$4,643$4,135$2,386
12 years$5,917$5,234$4,621$4,073$3,584$1,947
13 years$5,406$4,730$4,129$3,596$3,125$1,597
14 years$4,968$4,300$3,710$3,192$2,739$1,315
15 years$4,589$3,928$3,349$2,847$2,412$1,086
16 years$4,258$3,604$3,037$2,549$2,132$899
17 years$3,966$3,319$2,763$2,290$1,890$746
18 years$3,706$3,067$2,523$2,064$1,681$620
19 years$3,474$2,842$2,309$1,865$1,498$516
20 years$3,266$2,641$2,119$1,689$1,338$430
21 years$3,078$2,460$1,949$1,533$1,197$359
22 years$2,907$2,297$1,797$1,394$1,073$299
23 years$2,751$2,148$1,659$1,269$963$250
24 years$2,609$2,012$1,534$1,158$866$209
25 years$2,478$1,889$1,421$1,057$779$175
26 years$2,357$1,775$1,318$967$702$146
27 years$2,245$1,670$1,224$885$633$122
28 years$2,142$1,574$1,138$811$571$102
29 years$2,046$1,485$1,059$743$516$86
30 years$1,956$1,402$986$682$466$72
31 years$1,873$1,326$919$627$421$60
32 years$1,794$1,254$858$576$381$50
33 years$1,721$1,188$801$530$345$42
34 years$1,652$1,126$748$487$312$35
35 years$1,587$1,068$700$449$283$30
36 years$1,526$1,014$654$413$256$25
37 years$1,469$963$613$381$232$21
38 years$1,414$915$574$351$211$17
39 years$1,363$870$537$323$191$15
40 years$1,314$828$504$298$173$12
41 years$1,268$788$472$275$157$10
42 years$1,223$750$443$254$143$9
43 years$1,182$715$416$235$129$7
44 years$1,142$681$390$217$117$6
45 years$1,104$650$366$200$107$5
46 years$1,068$620$344$185$97$4
47 years$1,033$592$323$171$88$4
48 years$1,000$565$304$158$80$3
49 years$968$539$286$146$72$3
50 years$938$515$269$135$66$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $961,000, adding $2,291 every year, while hoping to spend $38,795 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: 41/41/18 Blend
51$961,000$961,000$961,000$961,000
52$1,061,385$1,010,452$995,557$1,099,183
53$1,128,369$1,018,687$987,630$1,134,480
54$1,200,885$1,026,025$978,138$1,168,722
55$1,279,456$1,032,381$966,987$1,204,973
56$1,364,658$1,037,665$954,078$1,243,434
57$1,457,124$1,041,781$939,310$1,284,332
58$1,557,549$1,044,627$922,576$1,327,917
59$1,666,699$1,046,094$903,762$1,374,467
60$1,785,416$1,046,066$882,752$1,424,292
61$1,914,627$1,044,422$859,423$1,477,735
62$2,055,351$1,041,031$833,646$1,535,176
63$2,208,710$1,035,754$805,286$1,597,038
64$2,375,939$1,028,447$774,203$1,663,791
65$2,558,396$1,018,952$740,250$1,735,953
66$2,757,577$1,007,105$703,274$1,814,101
67$2,975,128$992,732$663,112$1,898,875
68$3,212,863$975,648$619,598$1,990,982
69$3,472,776$955,656$572,556$2,091,207
70$3,757,065$932,548$521,802$2,200,419
71$4,068,149$906,106$467,145$2,319,582
72$4,408,690$876,095$408,384$2,449,761
73$4,781,623$842,270$345,312$2,592,138
74$5,190,177$804,370$277,708$2,748,018
75$5,637,910$762,119$205,346$2,918,849
76$6,128,739$715,225$127,988$3,106,231
77$6,666,979$663,380$45,384$3,311,934
78$7,257,382$606,258$0$3,537,917
79$7,905,184$543,513$0$3,794,562
80$8,616,149$474,781$0$4,085,885
81$9,396,628$399,677$0$4,405,866
82$10,253,618$317,795$0$4,757,488
83$11,194,825$228,705$0$5,144,050
84$12,228,737$131,952$0$5,569,190
85$13,364,708$27,057$0$6,036,929
86$14,613,041$0$0$6,551,703
87$15,985,084$0$0$7,157,429
88$17,493,344$0$0$7,836,845
89$19,151,597$0$0$8,583,966
90$20,975,020$0$0$9,405,649
91$22,980,337$0$0$10,309,445
92$25,185,970$0$0$11,303,678
93$27,612,219$0$0$12,397,517
94$30,281,450$0$0$13,601,064
95$33,218,306$0$0$14,925,452
96$36,449,937$0$0$16,382,946
97$40,006,261$0$0$17,987,059
98$43,920,240$0$0$19,752,683
99$48,228,195$0$0$21,696,226
100$52,970,147$0$0$23,835,766