Can I retire at age 52 with 971,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $971,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$80,184$79,470$78,773$78,093$77,429$74,950
2 years$39,695$38,956$38,239$37,545$36,871$34,397
3 years$26,201$25,458$24,743$24,055$23,392$21,000
4 years$19,455$18,714$18,007$17,330$16,684$14,392
5 years$15,408$14,672$13,974$13,311$12,683$10,497
6 years$12,711$11,981$11,293$10,645$10,035$7,958
7 years$10,786$10,062$9,385$8,752$8,161$6,192
8 years$9,342$8,625$7,959$7,342$6,771$4,908
9 years$8,220$7,509$6,855$6,254$5,702$3,944
10 years$7,323$6,619$5,976$5,391$4,858$3,202
11 years$6,589$5,893$5,261$4,692$4,178$2,621
12 years$5,979$5,289$4,669$4,115$3,621$2,159
13 years$5,462$4,780$4,172$3,633$3,157$1,788
14 years$5,020$4,345$3,748$3,225$2,768$1,486
15 years$4,637$3,969$3,384$2,876$2,437$1,240
16 years$4,302$3,641$3,068$2,575$2,154$1,037
17 years$4,007$3,354$2,792$2,314$1,910$869
18 years$3,745$3,099$2,549$2,085$1,698$730
19 years$3,511$2,872$2,333$1,884$1,513$614
20 years$3,300$2,669$2,141$1,707$1,352$517
21 years$3,110$2,486$1,970$1,549$1,210$436
22 years$2,937$2,320$1,815$1,408$1,084$368
23 years$2,780$2,170$1,676$1,282$973$311
24 years$2,636$2,033$1,550$1,170$875$263
25 years$2,503$1,908$1,436$1,068$787$222
26 years$2,381$1,793$1,332$977$709$188
27 years$2,269$1,688$1,237$894$639$159
28 years$2,164$1,590$1,150$819$577$135
29 years$2,067$1,500$1,070$751$521$114
30 years$1,977$1,417$996$689$471$97
31 years$1,892$1,339$929$633$426$82
32 years$1,813$1,267$867$582$385$69
33 years$1,739$1,200$809$535$348$59
34 years$1,669$1,138$756$492$315$50
35 years$1,604$1,079$707$453$286$42
36 years$1,542$1,024$661$417$259$36
37 years$1,484$973$619$385$235$30
38 years$1,429$924$580$354$213$26
39 years$1,377$879$543$327$193$22
40 years$1,328$836$509$301$175$19
41 years$1,281$796$477$278$159$16
42 years$1,236$758$448$257$144$13
43 years$1,194$722$420$237$131$11
44 years$1,154$689$394$219$119$10
45 years$1,115$657$370$202$108$8
46 years$1,079$626$348$187$98$7
47 years$1,044$598$327$172$89$6
48 years$1,010$571$307$159$81$5
49 years$979$545$289$147$73$4
50 years$948$521$271$136$67$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $971,000, adding $5,706 every year, while hoping to spend $57,170 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: 87/5/8 Blend
51$971,000$971,000$971,000$971,000
52$1,075,928$1,024,465$1,009,414$1,168,174
53$1,124,844$1,013,835$982,401$1,218,543
54$1,176,833$1,000,768$952,567$1,265,416
55$1,232,150$985,085$919,757$1,315,100
56$1,291,069$966,595$883,809$1,367,838
57$1,353,895$945,095$844,554$1,423,896
58$1,420,961$920,373$801,815$1,483,568
59$1,492,630$892,202$755,407$1,547,175
60$1,569,301$860,343$705,135$1,615,071
61$1,651,411$824,541$650,799$1,687,647
62$1,739,442$784,530$592,188$1,765,331
63$1,833,918$740,026$529,079$1,848,595
64$1,935,418$690,727$461,244$1,937,959
65$2,044,576$636,318$388,441$2,033,993
66$2,162,088$576,463$310,419$2,137,327
67$2,288,719$510,808$226,916$2,248,655
68$2,425,308$438,977$137,657$2,368,738
69$2,572,779$360,576$42,358$2,498,419
70$2,732,144$275,186$0$2,638,622
71$2,904,517$182,365$0$2,795,432
72$3,091,125$81,647$0$2,969,094
73$3,293,312$0$0$3,157,255
74$3,512,560$0$0$3,362,818
75$3,750,495$0$0$3,590,784
76$4,008,909$0$0$3,838,380
77$4,289,771$0$0$4,107,492
78$4,595,248$0$0$4,400,198
79$4,927,723$0$0$4,718,784
80$5,289,818$0$0$5,065,762
81$5,684,421$0$0$5,443,900
82$6,114,706$0$0$5,856,244
83$6,584,171$0$0$6,306,144
84$7,096,663$0$0$6,797,290
85$7,656,417$0$0$7,333,743
86$8,268,098$0$0$7,919,972
87$8,936,837$0$0$8,560,899
88$9,668,288$0$0$9,261,943
89$10,468,673$0$0$10,029,070
90$11,344,846$0$0$10,868,850
91$12,304,351$0$0$11,788,518
92$13,355,500$0$0$12,796,039
93$14,507,443$0$0$13,900,188
94$15,770,260$0$0$15,110,628
95$17,155,050$0$0$16,437,999
96$18,674,039$0$0$17,894,025
97$20,340,695$0$0$19,491,614
98$22,169,849$0$0$21,244,988
99$24,177,841$0$0$23,169,811
100$26,382,668$0$0$25,283,338