Can I retire at age 52 with 972,000?

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 $972,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$80,267$79,552$78,854$78,173$77,509$77,052
2 years$39,736$38,996$38,279$37,583$36,909$36,449
3 years$26,228$25,484$24,769$24,080$23,417$22,966
4 years$19,475$18,734$18,025$17,348$16,701$16,264
5 years$15,424$14,687$13,988$13,325$12,696$12,274
6 years$12,724$11,993$11,305$10,656$10,046$9,640
7 years$10,797$10,072$9,394$8,761$8,170$7,780
8 years$9,352$8,634$7,967$7,349$6,778$6,403
9 years$8,229$7,517$6,862$6,260$5,708$5,349
10 years$7,330$6,626$5,983$5,396$4,863$4,520
11 years$6,596$5,899$5,267$4,696$4,183$3,854
12 years$5,985$5,294$4,674$4,119$3,625$3,311
13 years$5,468$4,785$4,176$3,637$3,161$2,862
14 years$5,025$4,349$3,752$3,228$2,771$2,486
15 years$4,641$3,973$3,388$2,879$2,439$2,169
16 years$4,306$3,645$3,072$2,578$2,156$1,899
17 years$4,011$3,357$2,795$2,316$1,912$1,668
18 years$3,749$3,102$2,551$2,087$1,700$1,469
19 years$3,514$2,875$2,336$1,886$1,515$1,296
20 years$3,304$2,671$2,144$1,708$1,353$1,146
21 years$3,113$2,488$1,972$1,550$1,211$1,015
22 years$2,940$2,323$1,817$1,410$1,086$901
23 years$2,783$2,172$1,678$1,284$974$800
24 years$2,638$2,035$1,552$1,171$876$712
25 years$2,506$1,910$1,437$1,069$788$634
26 years$2,384$1,795$1,333$978$710$565
27 years$2,271$1,690$1,238$895$640$503
28 years$2,166$1,592$1,151$820$578$449
29 years$2,069$1,502$1,071$752$521$401
30 years$1,979$1,418$997$690$471$359
31 years$1,894$1,341$930$634$426$320
32 years$1,815$1,269$868$582$385$287
33 years$1,741$1,202$810$536$349$256
34 years$1,671$1,139$757$493$316$230
35 years$1,606$1,080$708$454$286$205
36 years$1,544$1,025$662$418$259$184
37 years$1,485$974$620$385$235$165
38 years$1,430$925$580$355$213$148
39 years$1,378$880$544$327$193$132
40 years$1,329$837$510$302$175$119
41 years$1,282$797$478$278$159$106
42 years$1,237$759$448$257$144$95
43 years$1,195$723$421$237$131$85
44 years$1,155$689$395$219$119$77
45 years$1,116$657$371$202$108$69
46 years$1,080$627$348$187$98$62
47 years$1,045$598$327$173$89$55
48 years$1,012$571$307$159$81$50
49 years$980$545$289$147$73$45
50 years$949$521$272$136$67$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $972,000, adding $5,673 every year, while hoping to spend $22,992 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: 57/25/18 Blend
51$972,000$972,000$972,000$972,000
52$1,076,996$1,025,480$1,010,414$1,132,956
53$1,162,386$1,051,265$1,019,799$1,197,418
54$1,255,715$1,077,543$1,028,729$1,264,653
55$1,357,770$1,104,314$1,037,162$1,337,408
56$1,469,413$1,131,577$1,045,059$1,416,217
57$1,591,599$1,159,329$1,052,374$1,501,671
58$1,725,376$1,187,570$1,059,061$1,594,418
59$1,871,897$1,216,294$1,065,073$1,695,174
60$2,032,436$1,245,498$1,070,358$1,804,728
61$2,208,392$1,275,175$1,074,863$1,923,947
62$2,401,308$1,305,318$1,078,531$2,053,788
63$2,612,883$1,335,920$1,081,303$2,195,306
64$2,844,988$1,366,971$1,083,118$2,349,661
65$3,099,683$1,398,459$1,083,909$2,518,133
66$3,379,240$1,430,373$1,083,608$2,702,132
67$3,686,157$1,462,696$1,082,145$2,903,212
68$4,023,191$1,495,414$1,079,442$3,123,085
69$4,393,376$1,528,508$1,075,423$3,363,638
70$4,800,053$1,561,958$1,070,002$3,626,949
71$5,246,906$1,595,742$1,063,095$3,915,310
72$5,737,991$1,629,834$1,054,609$4,231,245
73$6,277,778$1,664,208$1,044,450$4,577,537
74$6,871,190$1,698,832$1,032,518$4,957,253
75$7,523,652$1,733,676$1,018,708$5,373,773
76$8,241,141$1,768,702$1,002,911$5,830,819
77$9,030,241$1,803,872$985,013$6,332,498
78$9,898,207$1,839,144$964,892$6,883,333
79$10,853,033$1,874,470$942,424$7,488,310
80$11,903,524$1,909,801$917,478$8,152,922
81$13,059,386$1,945,083$889,915$8,883,227
82$14,331,309$1,980,258$859,593$9,685,896
83$15,731,073$2,015,262$826,361$10,568,287
84$17,271,660$2,050,028$790,061$11,538,505
85$18,967,372$2,084,481$750,530$12,605,485
86$20,833,967$2,118,544$707,596$13,779,072
87$22,888,810$2,152,131$661,079$15,070,120
88$25,151,035$2,185,152$610,792$16,490,588
89$27,641,726$2,217,509$556,539$18,053,658
90$30,384,113$2,249,099$498,114$19,773,857
91$33,403,797$2,279,809$435,305$21,667,196
92$36,728,984$2,309,519$367,887$23,751,320
93$40,390,757$2,338,102$295,628$26,045,677
94$44,423,367$2,365,421$218,284$28,571,700
95$48,864,554$2,391,331$135,601$31,353,011
96$53,755,908$2,415,676$47,312$34,415,642
97$59,143,255$2,438,289$0$37,788,286
98$65,077,096$2,458,994$0$41,511,572
99$71,613,077$2,477,602$0$45,621,622
100$78,812,519$2,493,912$0$50,147,805