Can I retire at age 52 with 971,000?

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 $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%15.9%
1 years$80,184$79,470$78,773$78,093$77,429$75,557
2 years$39,695$38,956$38,239$37,545$36,871$34,996
3 years$26,201$25,458$24,743$24,055$23,392$21,574
4 years$19,455$18,714$18,007$17,330$16,684$14,935
5 years$15,408$14,672$13,974$13,311$12,683$11,008
6 years$12,711$11,981$11,293$10,645$10,035$8,438
7 years$10,786$10,062$9,385$8,752$8,161$6,640
8 years$9,342$8,625$7,959$7,342$6,771$5,325
9 years$8,220$7,509$6,855$6,254$5,702$4,331
10 years$7,323$6,619$5,976$5,391$4,858$3,561
11 years$6,589$5,893$5,261$4,692$4,178$2,953
12 years$5,979$5,289$4,669$4,115$3,621$2,464
13 years$5,462$4,780$4,172$3,633$3,157$2,068
14 years$5,020$4,345$3,748$3,225$2,768$1,743
15 years$4,637$3,969$3,384$2,876$2,437$1,475
16 years$4,302$3,641$3,068$2,575$2,154$1,251
17 years$4,007$3,354$2,792$2,314$1,910$1,064
18 years$3,745$3,099$2,549$2,085$1,698$907
19 years$3,511$2,872$2,333$1,884$1,513$775
20 years$3,300$2,669$2,141$1,707$1,352$663
21 years$3,110$2,486$1,970$1,549$1,210$567
22 years$2,937$2,320$1,815$1,408$1,084$486
23 years$2,780$2,170$1,676$1,282$973$417
24 years$2,636$2,033$1,550$1,170$875$358
25 years$2,503$1,908$1,436$1,068$787$308
26 years$2,381$1,793$1,332$977$709$265
27 years$2,269$1,688$1,237$894$639$228
28 years$2,164$1,590$1,150$819$577$196
29 years$2,067$1,500$1,070$751$521$169
30 years$1,977$1,417$996$689$471$145
31 years$1,892$1,339$929$633$426$125
32 years$1,813$1,267$867$582$385$108
33 years$1,739$1,200$809$535$348$93
34 years$1,669$1,138$756$492$315$80
35 years$1,604$1,079$707$453$286$69
36 years$1,542$1,024$661$417$259$60
37 years$1,484$973$619$385$235$51
38 years$1,429$924$580$354$213$44
39 years$1,377$879$543$327$193$38
40 years$1,328$836$509$301$175$33
41 years$1,281$796$477$278$159$28
42 years$1,236$758$448$257$144$24
43 years$1,194$722$420$237$131$21
44 years$1,154$689$394$219$119$18
45 years$1,115$657$370$202$108$16
46 years$1,079$626$348$187$98$14
47 years$1,044$598$327$172$89$12
48 years$1,010$571$307$159$81$10
49 years$979$545$289$147$73$9
50 years$948$521$271$136$67$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $971,000, adding $2,996 every year, while hoping to spend $24,812 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: 49/41/10 Blend
51$971,000$971,000$971,000$971,000
52$1,073,132$1,021,669$1,006,619$1,122,687
53$1,156,192$1,045,331$1,013,941$1,180,636
54$1,246,892$1,069,321$1,020,676$1,240,688
55$1,345,986$1,093,629$1,026,780$1,305,344
56$1,454,303$1,118,243$1,032,203$1,375,045
57$1,572,755$1,143,150$1,036,895$1,450,271
58$1,702,348$1,168,336$1,040,803$1,531,554
59$1,844,188$1,193,786$1,043,871$1,619,479
60$1,999,495$1,219,480$1,046,040$1,714,690
61$2,169,609$1,245,401$1,047,248$1,817,897
62$2,356,009$1,271,525$1,047,431$1,929,883
63$2,560,323$1,297,831$1,046,521$2,051,508
64$2,784,343$1,324,292$1,044,446$2,183,724
65$3,030,043$1,350,879$1,041,132$2,327,575
66$3,299,598$1,377,563$1,036,501$2,484,216
67$3,595,403$1,404,309$1,030,470$2,654,916
68$3,920,097$1,431,083$1,022,953$2,841,077
69$4,276,585$1,457,844$1,013,860$3,044,240
70$4,668,069$1,484,551$1,003,096$3,266,108
71$5,098,075$1,511,157$990,563$3,508,554
72$5,570,489$1,537,614$976,157$3,773,645
73$6,089,589$1,563,868$959,769$4,063,657
74$6,660,092$1,589,862$941,286$4,381,100
75$7,287,191$1,615,535$920,589$4,728,740
76$7,976,609$1,640,820$897,553$5,109,627
77$8,734,650$1,665,648$872,048$5,527,121
78$9,568,261$1,689,941$843,939$5,984,926
79$10,485,095$1,713,619$813,082$6,487,125
80$11,493,583$1,736,595$779,328$7,038,219
81$12,603,016$1,758,775$742,523$7,643,167
82$13,823,629$1,780,061$702,503$8,307,438
83$15,166,700$1,800,345$659,098$9,037,058
84$16,644,656$1,819,515$612,131$9,838,670
85$18,271,189$1,837,449$561,415$10,719,596
86$20,061,385$1,854,018$506,757$11,687,908
87$22,031,866$1,869,085$447,953$12,752,502
88$24,200,949$1,882,503$384,792$13,923,182
89$26,588,817$1,894,117$317,054$15,210,757
90$29,217,707$1,903,759$244,506$16,627,141
91$32,112,125$1,911,255$166,908$18,185,465
92$35,299,070$1,916,415$84,008$19,900,202
93$38,808,296$1,919,040$0$21,787,305
94$42,672,589$1,918,919$0$23,864,834
95$46,928,073$1,915,827$0$26,161,292
96$51,614,557$1,909,523$0$28,689,097
97$56,775,907$1,899,755$0$31,471,827
98$62,460,460$1,886,253$0$34,535,467
99$68,721,479$1,868,732$0$37,908,657
100$75,617,660$1,846,889$0$41,622,958