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%15.2%
1 years$79,771$79,061$78,368$77,691$77,030$75,382
2 years$39,491$38,755$38,043$37,351$36,681$35,029
3 years$26,066$25,327$24,616$23,931$23,272$21,667
4 years$19,354$18,618$17,914$17,241$16,598$15,053
5 years$15,329$14,597$13,902$13,243$12,617$11,136
6 years$12,646$11,919$11,235$10,590$9,984$8,568
7 years$10,730$10,010$9,336$8,707$8,119$6,770
8 years$9,294$8,580$7,918$7,304$6,736$5,451
9 years$8,178$7,471$6,820$6,221$5,673$4,453
10 years$7,285$6,585$5,946$5,363$4,833$3,677
11 years$6,555$5,862$5,234$4,667$4,157$3,062
12 years$5,948$5,262$4,645$4,094$3,602$2,567
13 years$5,434$4,755$4,150$3,614$3,141$2,165
14 years$4,994$4,322$3,729$3,208$2,754$1,833
15 years$4,613$3,948$3,367$2,861$2,424$1,559
16 years$4,280$3,623$3,053$2,562$2,143$1,329
17 years$3,986$3,336$2,778$2,302$1,900$1,136
18 years$3,725$3,083$2,536$2,075$1,689$974
19 years$3,493$2,857$2,321$1,874$1,506$836
20 years$3,283$2,655$2,130$1,698$1,345$719
21 years$3,094$2,473$1,960$1,541$1,204$619
22 years$2,922$2,308$1,806$1,401$1,079$533
23 years$2,766$2,159$1,668$1,276$968$460
24 years$2,622$2,023$1,542$1,164$870$397
25 years$2,490$1,898$1,428$1,063$783$343
26 years$2,369$1,784$1,325$972$706$297
27 years$2,257$1,679$1,230$889$636$257
28 years$2,153$1,582$1,144$815$574$222
29 years$2,056$1,493$1,064$747$518$192
30 years$1,966$1,410$991$686$468$167
31 years$1,882$1,333$924$630$423$144
32 years$1,804$1,261$862$579$383$125
33 years$1,730$1,194$805$532$347$108
34 years$1,661$1,132$752$490$314$94
35 years$1,596$1,073$703$451$284$82
36 years$1,534$1,019$658$415$258$71
37 years$1,476$968$616$383$233$61
38 years$1,422$920$577$353$212$53
39 years$1,370$874$540$325$192$46
40 years$1,321$832$506$300$174$40
41 years$1,274$792$475$277$158$35
42 years$1,230$754$445$255$143$30
43 years$1,188$719$418$236$130$26
44 years$1,148$685$392$218$118$23
45 years$1,110$653$368$201$107$20
46 years$1,073$623$346$186$97$17
47 years$1,038$595$325$172$88$15
48 years$1,005$568$305$159$80$13
49 years$974$542$287$146$73$11
50 years$943$518$270$135$66$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $966,000, adding $3,001 every year, while hoping to spend $42,992 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: 90/5/5 Blend
51$966,000$966,000$966,000$966,000
52$1,067,628$1,016,430$1,001,457$1,163,638
53$1,130,782$1,020,491$989,262$1,230,543
54$1,198,938$1,023,311$975,218$1,297,700
55$1,272,559$1,024,783$959,218$1,370,111
56$1,352,157$1,024,794$941,148$1,448,269
57$1,438,292$1,023,224$920,892$1,532,721
58$1,531,582$1,019,946$898,325$1,624,064
59$1,632,704$1,014,825$873,321$1,722,958
60$1,742,406$1,007,717$845,743$1,830,129
61$1,861,507$998,470$815,450$1,946,374
62$1,990,909$986,924$782,297$2,072,574
63$2,131,606$972,907$746,127$2,209,695
64$2,284,689$956,239$706,782$2,358,804
65$2,451,359$936,727$664,091$2,521,073
66$2,632,939$914,168$617,880$2,697,793
67$2,830,885$888,348$567,964$2,890,388
68$3,046,796$859,037$514,152$3,100,424
69$3,282,435$825,997$456,242$3,329,626
70$3,539,743$788,970$394,026$3,579,895
71$3,820,856$747,688$327,285$3,853,322
72$4,128,123$701,866$255,789$4,152,214
73$4,464,135$651,200$179,301$4,479,109
74$4,831,740$595,372$97,571$4,836,805
75$5,234,078$534,045$10,340$5,228,384
76$5,674,603$466,863$0$5,657,241
77$6,157,121$393,447$0$6,131,530
78$6,685,822$313,402$0$6,651,832
79$7,265,323$226,305$0$7,222,151
80$7,900,705$131,713$0$7,847,504
81$8,597,568$29,158$0$8,533,421
82$9,362,076$0$0$9,285,989
83$10,201,023$0$0$10,116,423
84$11,121,888$0$0$11,029,707
85$12,132,913$0$0$12,032,411
86$13,243,175$0$0$13,133,537
87$14,462,675$0$0$14,343,004
88$15,802,427$0$0$15,671,736
89$17,274,567$0$0$17,131,770
90$18,892,465$0$0$18,736,365
91$20,670,849$0$0$20,500,129
92$22,625,946$0$0$22,439,156
93$24,775,633$0$0$24,571,176
94$27,139,606$0$0$26,915,724
95$29,739,565$0$0$29,494,321
96$32,599,420$0$0$32,330,681
97$35,745,511$0$0$35,450,930
98$39,206,864$0$0$38,883,854
99$43,015,458$0$0$42,661,169
100$47,206,526$0$0$46,817,822