Can I retire at age 52 with 966,000?

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 $966,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$79,771$79,061$78,368$77,691$77,030$75,046
2 years$39,491$38,755$38,043$37,351$36,681$34,695
3 years$26,066$25,327$24,616$23,931$23,272$21,347
4 years$19,354$18,618$17,914$17,241$16,598$14,748
5 years$15,329$14,597$13,902$13,243$12,617$10,848
6 years$12,646$11,919$11,235$10,590$9,984$8,296
7 years$10,730$10,010$9,336$8,707$8,119$6,514
8 years$9,294$8,580$7,918$7,304$6,736$5,212
9 years$8,178$7,471$6,820$6,221$5,673$4,229
10 years$7,285$6,585$5,946$5,363$4,833$3,468
11 years$6,555$5,862$5,234$4,667$4,157$2,868
12 years$5,948$5,262$4,645$4,094$3,602$2,388
13 years$5,434$4,755$4,150$3,614$3,141$1,998
14 years$4,994$4,322$3,729$3,208$2,754$1,680
15 years$4,613$3,948$3,367$2,861$2,424$1,417
16 years$4,280$3,623$3,053$2,562$2,143$1,199
17 years$3,986$3,336$2,778$2,302$1,900$1,017
18 years$3,725$3,083$2,536$2,075$1,689$864
19 years$3,493$2,857$2,321$1,874$1,506$736
20 years$3,283$2,655$2,130$1,698$1,345$628
21 years$3,094$2,473$1,960$1,541$1,204$536
22 years$2,922$2,308$1,806$1,401$1,079$458
23 years$2,766$2,159$1,668$1,276$968$392
24 years$2,622$2,023$1,542$1,164$870$335
25 years$2,490$1,898$1,428$1,063$783$287
26 years$2,369$1,784$1,325$972$706$246
27 years$2,257$1,679$1,230$889$636$211
28 years$2,153$1,582$1,144$815$574$181
29 years$2,056$1,493$1,064$747$518$155
30 years$1,966$1,410$991$686$468$133
31 years$1,882$1,333$924$630$423$114
32 years$1,804$1,261$862$579$383$98
33 years$1,730$1,194$805$532$347$84
34 years$1,661$1,132$752$490$314$73
35 years$1,596$1,073$703$451$284$62
36 years$1,534$1,019$658$415$258$54
37 years$1,476$968$616$383$233$46
38 years$1,422$920$577$353$212$40
39 years$1,370$874$540$325$192$34
40 years$1,321$832$506$300$174$29
41 years$1,274$792$475$277$158$25
42 years$1,230$754$445$255$143$22
43 years$1,188$719$418$236$130$19
44 years$1,148$685$392$218$118$16
45 years$1,110$653$368$201$107$14
46 years$1,073$623$346$186$97$12
47 years$1,038$595$325$172$88$10
48 years$1,005$568$305$159$80$9
49 years$974$542$287$146$73$7
50 years$943$518$270$135$66$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $966,000, adding $2,817 every year, while hoping to spend $38,420 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: 56/21/23 Blend
51$966,000$966,000$966,000$966,000
52$1,067,438$1,016,240$1,001,267$1,120,392
53$1,135,438$1,025,157$993,931$1,165,866
54$1,209,086$1,033,223$985,061$1,211,081
55$1,288,918$1,040,357$974,566$1,259,524
56$1,375,524$1,046,470$962,349$1,311,515
57$1,469,549$1,051,469$948,310$1,367,411
58$1,571,708$1,055,255$932,343$1,427,603
59$1,682,783$1,057,724$914,337$1,492,526
60$1,803,636$1,058,762$894,178$1,562,660
61$1,935,217$1,058,251$871,742$1,638,536
62$2,078,569$1,056,065$846,905$1,720,740
63$2,234,840$1,052,069$819,534$1,809,919
64$2,405,295$1,046,122$789,490$1,906,790
65$2,591,325$1,038,072$756,628$2,012,145
66$2,794,462$1,027,760$720,797$2,126,856
67$3,016,392$1,015,015$681,838$2,251,890
68$3,258,971$999,657$639,587$2,388,313
69$3,524,243$981,497$593,869$2,537,304
70$3,814,457$960,332$544,506$2,700,163
71$4,132,092$935,948$491,306$2,878,329
72$4,479,875$908,119$434,075$3,073,387
73$4,860,810$876,605$372,605$3,287,090
74$5,278,207$841,153$306,681$3,521,374
75$5,735,708$801,494$236,079$3,778,373
76$6,237,327$757,343$160,564$4,060,447
77$6,787,483$708,402$79,891$4,370,200
78$7,391,044$654,352$0$4,710,503
79$8,053,373$594,857$0$5,086,052
80$8,780,375$529,563$0$5,519,847
81$9,578,556$458,095$0$5,996,193
82$10,455,083$380,056$0$6,519,426
83$11,417,851$295,028$0$7,094,323
84$12,475,556$202,568$0$7,726,155
85$13,637,779$102,210$0$8,420,731
86$14,915,075$0$0$9,184,455
87$16,319,072$0$0$10,025,898
88$17,862,580$0$0$10,977,012
89$19,559,713$0$0$12,022,887
90$21,426,021$0$0$13,173,118
91$23,478,636$0$0$14,438,274
92$25,736,433$0$0$15,830,004
93$28,220,209$0$0$17,361,139
94$30,952,878$0$0$19,045,819
95$33,959,687$0$0$20,899,623
96$37,268,453$0$0$22,939,715
97$40,909,827$0$0$25,185,009
98$44,917,581$0$0$27,656,344
99$49,328,927$0$0$30,376,683
100$54,184,867$0$0$33,371,328