Can I retire at age 52 with 964,000?

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 $964,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$79,606$78,897$78,205$77,530$76,871$74,262
2 years$39,409$38,675$37,964$37,274$36,605$34,003
3 years$26,012$25,275$24,565$23,882$23,224$20,710
4 years$19,314$18,579$17,877$17,206$16,563$14,157
5 years$15,297$14,567$13,873$13,215$12,591$10,299
6 years$12,620$11,895$11,212$10,569$9,963$7,786
7 years$10,708$9,989$9,317$8,689$8,103$6,041
8 years$9,275$8,563$7,902$7,289$6,722$4,774
9 years$8,161$7,455$6,806$6,209$5,661$3,825
10 years$7,270$6,571$5,933$5,352$4,823$3,096
11 years$6,542$5,850$5,224$4,658$4,148$2,526
12 years$5,935$5,251$4,636$4,085$3,595$2,074
13 years$5,423$4,745$4,142$3,607$3,135$1,711
14 years$4,984$4,313$3,721$3,202$2,748$1,418
15 years$4,603$3,940$3,360$2,855$2,419$1,178
16 years$4,271$3,615$3,046$2,557$2,138$982
17 years$3,978$3,329$2,772$2,297$1,896$820
18 years$3,718$3,076$2,530$2,070$1,686$686
19 years$3,485$2,851$2,317$1,871$1,503$575
20 years$3,276$2,650$2,126$1,694$1,342$483
21 years$3,088$2,468$1,955$1,538$1,201$405
22 years$2,916$2,304$1,802$1,398$1,077$341
23 years$2,760$2,155$1,664$1,273$966$287
24 years$2,617$2,019$1,539$1,161$869$241
25 years$2,485$1,894$1,425$1,061$782$203
26 years$2,364$1,781$1,322$970$704$171
27 years$2,252$1,676$1,228$888$635$144
28 years$2,149$1,579$1,141$813$573$122
29 years$2,052$1,490$1,062$746$517$103
30 years$1,962$1,407$989$684$467$87
31 years$1,878$1,330$922$629$422$73
32 years$1,800$1,258$860$578$382$62
33 years$1,726$1,192$803$531$346$52
34 years$1,657$1,129$751$489$313$44
35 years$1,592$1,071$702$450$284$37
36 years$1,531$1,017$657$414$257$31
37 years$1,473$966$614$382$233$26
38 years$1,419$918$575$352$211$22
39 years$1,367$873$539$324$191$19
40 years$1,318$830$505$299$174$16
41 years$1,271$790$474$276$158$13
42 years$1,227$753$444$255$143$11
43 years$1,185$717$417$235$130$10
44 years$1,145$684$392$217$118$8
45 years$1,107$652$368$201$107$7
46 years$1,071$622$345$185$97$6
47 years$1,036$593$324$171$88$5
48 years$1,003$567$305$158$80$4
49 years$972$541$287$146$73$3
50 years$941$517$269$135$66$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $964,000, adding $2,675 every year, while hoping to spend $55,518 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: 61/32/7 Blend
51$964,000$964,000$964,000$964,000
52$1,065,087$1,013,995$999,053$1,128,406
53$1,114,655$1,004,610$973,451$1,161,686
54$1,167,419$992,905$945,130$1,191,325
55$1,223,645$978,706$913,941$1,222,253
56$1,283,626$961,832$879,727$1,254,593
57$1,347,683$942,089$842,326$1,288,484
58$1,416,167$919,272$801,564$1,324,082
59$1,489,464$893,165$757,265$1,361,559
60$1,567,996$863,536$709,240$1,401,110
61$1,652,227$830,144$657,294$1,442,950
62$1,742,664$792,732$601,223$1,487,320
63$1,839,866$751,026$540,814$1,534,488
64$1,944,445$704,739$475,844$1,584,754
65$2,057,074$653,566$406,081$1,638,451
66$2,178,492$597,187$331,280$1,695,950
67$2,309,509$535,261$251,190$1,757,664
68$2,451,018$467,427$165,543$1,824,053
69$2,603,997$393,307$74,065$1,895,628
70$2,769,524$312,498$0$1,972,957
71$2,948,783$224,578$0$2,058,433
72$3,143,074$129,097$0$2,157,014
73$3,353,828$25,584$0$2,263,966
74$3,582,620$0$0$2,380,180
75$3,831,179$0$0$2,537,088
76$4,101,410$0$0$2,717,536
77$4,395,407$0$0$2,913,922
78$4,715,475$0$0$3,127,795
79$5,064,150$0$0$3,360,856
80$5,444,222$0$0$3,614,982
81$5,858,762$0$0$3,892,236
82$6,311,152$0$0$4,194,887
83$6,805,111$0$0$4,525,437
84$7,344,736$0$0$4,886,637
85$7,934,536$0$0$5,281,518
86$8,579,475$0$0$5,713,413
87$9,285,021$0$0$6,185,998
88$10,057,191$0$0$6,703,315
89$10,902,612$0$0$7,269,819
90$11,828,584$0$0$7,890,413
91$12,843,143$0$0$8,570,498
92$13,955,140$0$0$9,316,023
93$15,174,324$0$0$10,133,538
94$16,511,431$0$0$11,030,260
95$17,978,287$0$0$12,014,134
96$19,587,917$0$0$13,093,916
97$21,354,668$0$0$14,279,247
98$23,294,345$0$0$15,580,749
99$25,424,356$0$0$17,010,123
100$27,763,878$0$0$18,580,256