Can I retire at age 52 with 962,000?

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 $962,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$79,441$78,733$78,043$77,369$76,711$76,005
2 years$39,327$38,595$37,885$37,197$36,529$35,818
3 years$25,958$25,222$24,514$23,832$23,176$22,481
4 years$19,274$18,541$17,840$17,170$16,529$15,856
5 years$15,265$14,536$13,845$13,188$12,565$11,916
6 years$12,593$11,870$11,188$10,547$9,942$9,319
7 years$10,686$9,968$9,298$8,671$8,086$7,487
8 years$9,256$8,545$7,885$7,274$6,708$6,134
9 years$8,144$7,440$6,791$6,196$5,649$5,101
10 years$7,255$6,558$5,921$5,341$4,813$4,289
11 years$6,528$5,838$5,213$4,648$4,140$3,640
12 years$5,923$5,240$4,626$4,077$3,587$3,111
13 years$5,411$4,735$4,133$3,599$3,128$2,675
14 years$4,973$4,304$3,714$3,195$2,742$2,312
15 years$4,594$3,932$3,353$2,849$2,414$2,006
16 years$4,262$3,608$3,040$2,551$2,134$1,747
17 years$3,970$3,322$2,766$2,292$1,892$1,526
18 years$3,710$3,070$2,525$2,066$1,682$1,336
19 years$3,478$2,845$2,312$1,867$1,499$1,172
20 years$3,270$2,644$2,122$1,691$1,339$1,031
21 years$3,081$2,463$1,951$1,534$1,199$908
22 years$2,910$2,299$1,799$1,395$1,074$800
23 years$2,754$2,150$1,661$1,271$964$707
24 years$2,611$2,015$1,536$1,159$867$625
25 years$2,480$1,891$1,422$1,058$780$553
26 years$2,359$1,777$1,319$968$703$489
27 years$2,248$1,672$1,225$886$633$434
28 years$2,144$1,576$1,139$812$572$385
29 years$2,048$1,486$1,060$744$516$341
30 years$1,958$1,404$987$683$466$303
31 years$1,875$1,327$920$627$422$269
32 years$1,796$1,256$859$576$381$239
33 years$1,723$1,189$802$530$345$212
34 years$1,654$1,127$749$488$312$189
35 years$1,589$1,069$700$449$283$168
36 years$1,528$1,015$655$414$256$149
37 years$1,470$964$613$381$232$133
38 years$1,416$916$574$351$211$118
39 years$1,364$871$538$324$191$105
40 years$1,315$829$504$299$173$94
41 years$1,269$789$473$276$157$83
42 years$1,225$751$444$254$143$74
43 years$1,183$716$416$235$129$66
44 years$1,143$682$391$217$118$59
45 years$1,105$651$367$200$107$52
46 years$1,069$621$345$185$97$47
47 years$1,034$592$324$171$88$42
48 years$1,001$565$304$158$80$37
49 years$969$540$286$146$73$33
50 years$939$516$269$135$66$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $962,000, adding $4,221 every year, while hoping to spend $33,363 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: 39/50/11 Blend
51$962,000$962,000$962,000$962,000
52$1,064,478$1,013,492$998,581$1,102,296
53$1,137,557$1,027,655$996,535$1,143,608
54$1,216,971$1,041,394$993,303$1,184,653
55$1,303,333$1,054,653$988,809$1,228,292
56$1,397,314$1,067,371$982,975$1,274,771
57$1,499,653$1,079,486$975,718$1,324,367
58$1,611,165$1,090,929$966,952$1,377,384
59$1,732,746$1,101,626$956,587$1,434,158
60$1,865,381$1,111,501$944,528$1,495,062
61$2,010,155$1,120,470$930,675$1,560,507
62$2,168,264$1,128,445$914,925$1,630,949
63$2,341,021$1,135,333$897,170$1,706,891
64$2,529,875$1,141,034$877,294$1,788,891
65$2,736,419$1,145,442$855,181$1,877,564
66$2,962,408$1,148,443$830,704$1,973,591
67$3,209,775$1,149,918$803,733$2,077,726
68$3,480,646$1,149,738$774,133$2,190,799
69$3,777,367$1,147,770$741,761$2,313,732
70$4,102,516$1,143,868$706,467$2,447,540
71$4,458,935$1,137,881$668,097$2,593,349
72$4,849,756$1,129,646$626,487$2,752,399
73$5,278,424$1,118,992$581,468$2,926,063
74$5,748,738$1,105,737$532,861$3,115,857
75$6,264,878$1,089,687$480,481$3,323,457
76$6,831,453$1,070,639$424,135$3,550,713
77$7,453,536$1,048,375$363,618$3,799,670
78$8,136,718$1,022,667$298,721$4,072,586
79$8,887,157$993,271$229,221$4,371,956
80$9,711,636$959,930$154,889$4,700,533
81$10,617,628$922,372$75,483$5,061,359
82$11,613,367$880,309$0$5,457,794
83$12,707,922$833,437$0$5,894,633
84$13,911,287$781,432$0$6,384,409
85$15,234,471$723,954$0$6,922,806
86$16,689,603$660,644$0$7,514,849
87$18,290,046$591,119$0$8,166,079
88$20,050,525$514,978$0$8,882,615
89$21,987,262$431,795$0$9,671,205
90$24,118,131$341,122$0$10,539,296
91$26,462,825$242,482$0$11,495,101
92$29,043,046$135,376$0$12,547,685
93$31,882,700$19,273$0$13,707,044
94$35,008,133$0$0$14,984,208
95$38,448,372$0$0$16,449,876
96$42,235,402$0$0$18,075,120
97$46,404,466$0$0$19,864,481
98$50,994,397$0$0$21,834,646
99$56,047,987$0$0$24,004,003
100$61,612,386$0$0$26,392,815