Can I retire at age 52 with 964,000?

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 $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%13.5%
1 years$79,606$78,897$78,205$77,530$76,871$75,753
2 years$39,409$38,675$37,964$37,274$36,605$35,482
3 years$26,012$25,275$24,565$23,882$23,224$22,129
4 years$19,314$18,579$17,877$17,206$16,563$15,506
5 years$15,297$14,567$13,873$13,215$12,591$11,574
6 years$12,620$11,895$11,212$10,569$9,963$8,988
7 years$10,708$9,989$9,317$8,689$8,103$7,169
8 years$9,275$8,563$7,902$7,289$6,722$5,830
9 years$8,161$7,455$6,806$6,209$5,661$4,811
10 years$7,270$6,571$5,933$5,352$4,823$4,014
11 years$6,542$5,850$5,224$4,658$4,148$3,379
12 years$5,935$5,251$4,636$4,085$3,595$2,864
13 years$5,423$4,745$4,142$3,607$3,135$2,442
14 years$4,984$4,313$3,721$3,202$2,748$2,092
15 years$4,603$3,940$3,360$2,855$2,419$1,800
16 years$4,271$3,615$3,046$2,557$2,138$1,553
17 years$3,978$3,329$2,772$2,297$1,896$1,344
18 years$3,718$3,076$2,530$2,070$1,686$1,166
19 years$3,485$2,851$2,317$1,871$1,503$1,014
20 years$3,276$2,650$2,126$1,694$1,342$883
21 years$3,088$2,468$1,955$1,538$1,201$770
22 years$2,916$2,304$1,802$1,398$1,077$672
23 years$2,760$2,155$1,664$1,273$966$588
24 years$2,617$2,019$1,539$1,161$869$514
25 years$2,485$1,894$1,425$1,061$782$450
26 years$2,364$1,781$1,322$970$704$395
27 years$2,252$1,676$1,228$888$635$346
28 years$2,149$1,579$1,141$813$573$304
29 years$2,052$1,490$1,062$746$517$267
30 years$1,962$1,407$989$684$467$234
31 years$1,878$1,330$922$629$422$206
32 years$1,800$1,258$860$578$382$181
33 years$1,726$1,192$803$531$346$159
34 years$1,657$1,129$751$489$313$140
35 years$1,592$1,071$702$450$284$123
36 years$1,531$1,017$657$414$257$108
37 years$1,473$966$614$382$233$95
38 years$1,419$918$575$352$211$84
39 years$1,367$873$539$324$191$74
40 years$1,318$830$505$299$174$65
41 years$1,271$790$474$276$158$57
42 years$1,227$753$444$255$143$50
43 years$1,185$717$417$235$130$44
44 years$1,145$684$392$217$118$39
45 years$1,107$652$368$201$107$34
46 years$1,071$622$345$185$97$30
47 years$1,036$593$324$171$88$27
48 years$1,003$567$305$158$80$23
49 years$972$541$287$146$73$21
50 years$941$517$269$135$66$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $964,000, adding $5,164 every year, while hoping to spend $49,645 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: 69/14/17 Blend
51$964,000$964,000$964,000$964,000
52$1,067,655$1,016,563$1,001,621$1,136,654
53$1,123,734$1,013,552$982,353$1,180,290
54$1,183,869$1,008,731$960,776$1,221,655
55$1,248,421$1,001,956$936,760$1,265,667
56$1,317,788$993,080$910,169$1,312,583
57$1,392,403$981,942$880,861$1,362,686
58$1,472,746$968,375$848,688$1,416,288
59$1,559,341$952,200$813,494$1,473,735
60$1,652,764$933,229$775,116$1,535,410
61$1,753,650$911,260$733,386$1,601,734
62$1,862,693$886,082$688,125$1,673,176
63$1,980,659$857,472$639,148$1,750,250
64$2,108,388$825,190$586,262$1,833,529
65$2,246,806$788,986$529,264$1,923,642
66$2,396,928$748,594$467,942$2,021,286
67$2,559,872$703,733$402,076$2,127,231
68$2,736,868$654,105$331,434$2,242,328
69$2,929,268$599,396$255,777$2,367,518
70$3,138,560$539,273$174,852$2,503,838
71$3,366,380$473,385$88,397$2,652,437
72$3,614,531$401,360$0$2,814,579
73$3,884,993$322,807$0$2,992,368
74$4,179,949$237,311$0$3,203,803
75$4,501,799$144,435$0$3,434,596
76$4,853,186$43,715$0$3,686,686
77$5,237,018$0$0$3,962,214
78$5,656,499$0$0$4,273,605
79$6,115,154$0$0$4,621,492
80$6,616,865$0$0$5,002,090
81$7,165,906$0$0$5,418,649
82$7,766,984$0$0$5,874,746
83$8,425,283$0$0$6,374,323
84$9,146,509$0$0$6,921,718
85$9,936,948$0$0$7,521,709
86$10,803,523$0$0$8,179,560
87$11,753,858$0$0$8,901,067
88$12,796,352$0$0$9,692,613
89$13,940,253$0$0$10,561,232
90$15,195,750$0$0$11,514,670
91$16,574,066$0$0$12,561,458
92$18,087,564$0$0$13,710,995
93$19,749,860$0$0$14,973,636
94$21,575,958$0$0$16,360,786
95$23,582,384$0$0$17,885,010
96$25,787,344$0$0$19,560,151
97$28,210,897$0$0$21,401,458
98$30,875,138$0$0$23,425,734
99$33,804,414$0$0$25,651,487
100$37,025,547$0$0$28,099,112