Can I retire at age 52 with 967,000?

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 $967,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$79,854$79,143$78,449$77,771$77,110$75,646
2 years$39,532$38,795$38,082$37,390$36,719$35,250
3 years$26,093$25,353$24,642$23,956$23,296$21,867
4 years$19,374$18,637$17,933$17,259$16,615$15,238
5 years$15,345$14,612$13,917$13,257$12,630$11,309
6 years$12,659$11,932$11,247$10,601$9,994$8,729
7 years$10,741$10,020$9,346$8,716$8,128$6,920
8 years$9,304$8,589$7,926$7,312$6,743$5,592
9 years$8,186$7,478$6,827$6,228$5,678$4,584
10 years$7,293$6,592$5,952$5,369$4,838$3,799
11 years$6,562$5,868$5,240$4,672$4,161$3,176
12 years$5,954$5,267$4,650$4,098$3,606$2,673
13 years$5,440$4,760$4,155$3,618$3,144$2,263
14 years$4,999$4,327$3,733$3,212$2,756$1,924
15 years$4,618$3,952$3,370$2,864$2,427$1,643
16 years$4,284$3,626$3,056$2,565$2,145$1,407
17 years$3,990$3,340$2,781$2,304$1,902$1,208
18 years$3,729$3,086$2,538$2,077$1,691$1,040
19 years$3,496$2,860$2,324$1,876$1,507$896
20 years$3,287$2,658$2,133$1,699$1,346$774
21 years$3,097$2,476$1,962$1,542$1,205$670
22 years$2,925$2,311$1,808$1,402$1,080$580
23 years$2,768$2,161$1,669$1,277$969$503
24 years$2,625$2,025$1,544$1,165$871$436
25 years$2,493$1,900$1,430$1,064$784$379
26 years$2,372$1,786$1,326$973$706$329
27 years$2,259$1,681$1,231$890$637$286
28 years$2,155$1,584$1,145$816$575$249
29 years$2,059$1,494$1,065$748$519$216
30 years$1,968$1,411$992$687$469$188
31 years$1,884$1,334$925$631$424$164
32 years$1,806$1,262$863$579$383$143
33 years$1,732$1,195$806$533$347$124
34 years$1,662$1,133$753$490$314$108
35 years$1,597$1,075$704$451$285$94
36 years$1,536$1,020$659$416$258$82
37 years$1,478$969$616$383$234$72
38 years$1,423$921$577$353$212$63
39 years$1,371$875$541$325$192$55
40 years$1,322$833$507$300$174$48
41 years$1,275$793$475$277$158$42
42 years$1,231$755$446$256$143$36
43 years$1,189$719$418$236$130$32
44 years$1,149$686$393$218$118$28
45 years$1,111$654$369$201$107$24
46 years$1,074$624$346$186$97$21
47 years$1,040$595$325$172$88$18
48 years$1,006$568$306$159$80$16
49 years$975$543$287$147$73$14
50 years$944$518$270$136$66$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $967,000, adding $4,078 every year, while hoping to spend $37,792 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: 29/48/23 Blend
51$967,000$967,000$967,000$967,000
52$1,069,840$1,018,589$1,003,601$1,093,085
53$1,138,754$1,028,290$997,011$1,121,127
54$1,213,430$1,037,199$988,934$1,147,635
55$1,294,416$1,045,238$979,280$1,175,349
56$1,382,315$1,052,324$967,954$1,204,397
57$1,477,790$1,058,366$954,860$1,234,924
58$1,581,569$1,063,271$939,892$1,267,088
59$1,694,455$1,066,937$922,944$1,301,071
60$1,817,329$1,069,257$903,903$1,337,074
61$1,951,163$1,070,116$882,650$1,375,321
62$2,097,024$1,069,395$859,061$1,416,064
63$2,256,089$1,066,964$833,008$1,459,583
64$2,429,652$1,062,686$804,355$1,506,190
65$2,619,136$1,056,418$772,961$1,556,235
66$2,826,110$1,048,004$738,677$1,610,105
67$3,052,299$1,037,282$701,349$1,668,235
68$3,299,605$1,024,080$660,815$1,731,105
69$3,570,118$1,008,214$616,906$1,799,252
70$3,866,144$989,490$569,446$1,873,273
71$4,190,218$967,703$518,250$1,953,831
72$4,545,135$942,635$463,126$2,041,664
73$4,933,969$914,054$403,871$2,137,591
74$5,360,110$881,719$340,277$2,242,522
75$5,827,287$845,369$272,122$2,357,467
76$6,339,610$804,732$199,178$2,483,547
77$6,901,606$759,519$121,206$2,622,006
78$7,518,259$709,425$37,955$2,774,226
79$8,195,060$654,125$0$2,941,735
80$8,938,058$593,279$0$3,138,719
81$9,753,915$526,525$0$3,365,321
82$10,649,971$453,482$0$3,614,370
83$11,634,312$373,746$0$3,888,246
84$12,715,843$286,891$0$4,189,580
85$13,904,378$192,468$0$4,521,282
86$15,210,726$90,001$0$4,886,566
87$16,646,798$0$0$5,288,985
88$18,225,712$0$0$5,743,563
89$19,961,926$0$0$6,295,870
90$21,871,364$0$0$6,903,457
91$23,971,576$0$0$7,571,927
92$26,281,892$0$0$8,307,457
93$28,823,616$0$0$9,116,852
94$31,620,215$0$0$10,007,610
95$34,697,551$0$0$10,987,991
96$38,084,115$0$0$12,067,099
97$41,811,302$0$0$13,254,963
98$45,913,704$0$0$14,562,635
99$50,429,437$0$0$16,002,293
100$55,400,500$0$0$17,587,356