Can I retire at age 52 with 961,000?

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 $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%14.4%
1 years$79,358$78,652$77,962$77,289$76,631$75,238
2 years$39,286$38,555$37,846$37,158$36,491$35,092
3 years$25,931$25,196$24,489$23,808$23,152$21,791
4 years$19,254$18,522$17,821$17,152$16,512$15,200
5 years$15,249$14,521$13,830$13,174$12,552$11,292
6 years$12,580$11,858$11,177$10,536$9,932$8,726
7 years$10,675$9,958$9,288$8,662$8,077$6,926
8 years$9,246$8,536$7,877$7,266$6,701$5,603
9 years$8,135$7,432$6,784$6,189$5,643$4,598
10 years$7,248$6,551$5,915$5,335$4,808$3,816
11 years$6,522$5,832$5,207$4,643$4,135$3,194
12 years$5,917$5,234$4,621$4,073$3,584$2,692
13 years$5,406$4,730$4,129$3,596$3,125$2,282
14 years$4,968$4,300$3,710$3,192$2,739$1,943
15 years$4,589$3,928$3,349$2,847$2,412$1,661
16 years$4,258$3,604$3,037$2,549$2,132$1,424
17 years$3,966$3,319$2,763$2,290$1,890$1,225
18 years$3,706$3,067$2,523$2,064$1,681$1,056
19 years$3,474$2,842$2,309$1,865$1,498$912
20 years$3,266$2,641$2,119$1,689$1,338$788
21 years$3,078$2,460$1,949$1,533$1,197$683
22 years$2,907$2,297$1,797$1,394$1,073$592
23 years$2,751$2,148$1,659$1,269$963$514
24 years$2,609$2,012$1,534$1,158$866$447
25 years$2,478$1,889$1,421$1,057$779$389
26 years$2,357$1,775$1,318$967$702$338
27 years$2,245$1,670$1,224$885$633$294
28 years$2,142$1,574$1,138$811$571$256
29 years$2,046$1,485$1,059$743$516$224
30 years$1,956$1,402$986$682$466$195
31 years$1,873$1,326$919$627$421$170
32 years$1,794$1,254$858$576$381$148
33 years$1,721$1,188$801$530$345$129
34 years$1,652$1,126$748$487$312$113
35 years$1,587$1,068$700$449$283$99
36 years$1,526$1,014$654$413$256$86
37 years$1,469$963$613$381$232$75
38 years$1,414$915$574$351$211$66
39 years$1,363$870$537$323$191$57
40 years$1,314$828$504$298$173$50
41 years$1,268$788$472$275$157$44
42 years$1,223$750$443$254$143$38
43 years$1,182$715$416$235$129$33
44 years$1,142$681$390$217$117$29
45 years$1,104$650$366$200$107$26
46 years$1,068$620$344$185$97$22
47 years$1,033$592$323$171$88$19
48 years$1,000$565$304$158$80$17
49 years$968$539$286$146$72$15
50 years$938$515$269$135$66$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $961,000, adding $6,217 every year, while hoping to spend $34,444 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: 52/28/20 Blend
51$961,000$961,000$961,000$961,000
52$1,065,435$1,014,502$999,606$1,114,664
53$1,137,461$1,027,564$996,445$1,162,284
54$1,215,679$1,040,112$992,023$1,209,963
55$1,300,685$1,052,085$986,263$1,261,088
56$1,393,134$1,063,415$979,081$1,315,998
57$1,493,745$1,074,034$970,392$1,375,068
58$1,603,311$1,083,866$960,104$1,438,712
59$1,722,705$1,092,832$948,124$1,507,386
60$1,852,887$1,100,846$934,352$1,581,595
61$1,994,913$1,107,819$918,685$1,661,896
62$2,149,947$1,113,655$901,013$1,748,906
63$2,319,267$1,118,250$881,222$1,843,305
64$2,504,284$1,121,496$859,195$1,945,843
65$2,706,549$1,123,277$834,806$2,057,350
66$2,927,770$1,123,471$807,925$2,178,743
67$3,169,828$1,121,946$778,416$2,311,031
68$3,434,794$1,118,565$746,137$2,455,333
69$3,724,948$1,113,180$710,937$2,612,880
70$4,042,802$1,105,634$672,663$2,785,035
71$4,391,121$1,095,764$631,150$2,973,299
72$4,772,951$1,083,392$586,229$3,179,332
73$5,191,646$1,068,332$537,722$3,404,965
74$5,650,902$1,050,389$485,444$3,652,218
75$6,154,788$1,029,352$429,200$3,923,323
76$6,707,786$1,005,000$368,788$4,220,741
77$7,314,834$977,099$303,996$4,547,189
78$7,981,371$945,400$234,604$4,905,666
79$8,713,388$909,642$160,381$5,299,481
80$9,517,485$869,546$81,085$5,732,283
81$10,400,933$824,819$0$6,208,102
82$11,371,742$775,148$0$6,732,137
83$12,438,736$720,206$0$7,327,051
84$13,611,635$659,645$0$7,980,991
85$14,901,151$593,097$0$8,699,987
86$16,319,084$520,173$0$9,490,685
87$17,878,433$440,464$0$10,360,414
88$19,593,521$353,536$0$11,317,254
89$21,480,131$258,930$0$12,370,114
90$23,555,649$156,162$0$13,528,814
91$25,839,234$44,722$0$14,804,182
92$28,351,992$0$0$16,208,155
93$31,117,182$0$0$17,777,289
94$34,160,430$0$0$19,519,487
95$37,509,972$0$0$21,437,151
96$41,196,921$0$0$23,548,107
97$45,255,557$0$0$25,871,998
98$49,723,656$0$0$28,430,468
99$54,642,840$0$0$31,247,367
100$60,058,973$0$0$34,348,975