Can I retire at age 52 with 969,000?

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 $969,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$80,019$79,306$78,611$77,932$77,269$74,410
2 years$39,613$38,876$38,161$37,467$36,795$33,946
3 years$26,147$25,406$24,692$24,006$23,344$20,596
4 years$19,415$18,676$17,970$17,295$16,649$14,022
5 years$15,376$14,642$13,945$13,284$12,657$10,158
6 years$12,685$11,956$11,270$10,623$10,015$7,646
7 years$10,764$10,041$9,365$8,734$8,145$5,905
8 years$9,323$8,607$7,943$7,327$6,757$4,645
9 years$8,203$7,494$6,841$6,241$5,690$3,703
10 years$7,308$6,606$5,964$5,380$4,848$2,982
11 years$6,576$5,880$5,251$4,682$4,170$2,420
12 years$5,966$5,278$4,660$4,107$3,613$1,976
13 years$5,451$4,770$4,163$3,626$3,151$1,622
14 years$5,009$4,336$3,741$3,218$2,762$1,336
15 years$4,627$3,961$3,377$2,870$2,432$1,104
16 years$4,293$3,634$3,062$2,570$2,149$915
17 years$3,999$3,347$2,786$2,309$1,906$760
18 years$3,737$3,092$2,544$2,081$1,695$632
19 years$3,503$2,866$2,329$1,880$1,510$526
20 years$3,293$2,663$2,137$1,703$1,349$439
21 years$3,104$2,481$1,966$1,546$1,207$367
22 years$2,931$2,316$1,812$1,405$1,082$306
23 years$2,774$2,166$1,673$1,280$971$256
24 years$2,630$2,029$1,547$1,167$873$214
25 years$2,498$1,904$1,433$1,066$786$179
26 years$2,377$1,790$1,329$975$708$150
27 years$2,264$1,684$1,234$892$638$126
28 years$2,160$1,587$1,147$817$576$105
29 years$2,063$1,497$1,068$750$520$88
30 years$1,972$1,414$994$688$470$74
31 years$1,888$1,337$927$632$425$62
32 years$1,809$1,265$865$581$384$52
33 years$1,735$1,198$808$534$348$44
34 years$1,666$1,135$755$491$315$37
35 years$1,601$1,077$705$452$285$31
36 years$1,539$1,022$660$417$258$26
37 years$1,481$971$618$384$234$22
38 years$1,426$922$578$354$212$18
39 years$1,374$877$542$326$192$15
40 years$1,325$835$508$301$175$13
41 years$1,278$794$476$278$158$11
42 years$1,234$757$447$256$144$9
43 years$1,191$721$419$236$130$8
44 years$1,151$687$394$218$118$6
45 years$1,113$655$370$202$107$5
46 years$1,077$625$347$186$98$4
47 years$1,042$597$326$172$89$4
48 years$1,008$569$306$159$80$3
49 years$977$544$288$147$73$3
50 years$946$519$271$136$66$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $969,000, adding $2,286 every year, while hoping to spend $38,210 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: 43/38/19 Blend
51$969,000$969,000$969,000$969,000
52$1,070,196$1,018,839$1,003,820$1,110,205
53$1,138,701$1,028,107$996,792$1,147,943
54$1,212,913$1,036,548$988,249$1,184,884
55$1,293,373$1,044,083$978,099$1,224,112
56$1,380,678$1,050,623$966,246$1,265,856
57$1,475,482$1,056,079$952,590$1,310,370
58$1,578,506$1,060,352$937,027$1,357,936
59$1,690,544$1,063,339$919,447$1,408,868
60$1,812,467$1,064,930$899,736$1,463,512
61$1,945,235$1,065,008$877,774$1,522,253
62$2,089,903$1,063,448$853,434$1,585,518
63$2,247,636$1,060,119$826,586$1,653,779
64$2,419,710$1,054,881$797,092$1,727,558
65$2,607,535$1,047,584$764,809$1,807,437
66$2,812,660$1,038,072$729,587$1,894,057
67$3,036,791$1,026,178$691,268$1,988,130
68$3,281,806$1,011,723$649,688$2,090,443
69$3,549,774$994,521$604,676$2,201,866
70$3,842,971$974,373$556,053$2,323,366
71$4,163,904$951,067$503,631$2,456,009
72$4,515,335$924,382$447,215$2,600,977
73$4,900,303$894,081$386,600$2,759,575
74$5,322,156$859,913$321,574$2,933,250
75$5,784,582$821,615$251,913$3,123,599
76$6,291,642$778,907$177,384$3,332,389
77$6,847,809$731,492$97,746$3,561,576
78$7,458,009$679,058$12,744$3,813,318
79$8,127,668$621,275$0$4,090,004
80$8,862,764$557,792$0$4,410,079
81$9,669,882$488,239$0$4,764,437
82$10,556,274$412,226$0$5,153,774
83$11,529,929$329,341$0$5,581,709
84$12,599,651$239,147$0$6,052,240
85$13,775,134$141,185$0$6,569,778
86$15,067,062$34,967$0$7,139,189
87$16,487,203$0$0$7,765,847
88$18,048,522$0$0$8,489,138
89$19,765,303$0$0$9,300,657
90$21,653,286$0$0$10,193,239
91$23,729,808$0$0$11,175,097
92$26,013,973$0$0$12,255,282
93$28,526,831$0$0$13,443,766
94$31,291,572$0$0$14,751,537
95$34,333,750$0$0$16,190,700
96$37,681,519$0$0$17,774,595
97$41,365,900$0$0$19,517,919
98$45,421,075$0$0$21,436,867
99$49,884,708$0$0$23,549,284
100$54,798,298$0$0$25,874,831