Can I retire at age 52 with 973,000?

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 $973,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$80,349$79,634$78,935$78,254$77,588$76,209
2 years$39,777$39,036$38,318$37,622$36,947$35,562
3 years$26,255$25,511$24,794$24,105$23,441$22,093
4 years$19,495$18,753$18,044$17,366$16,718$15,418
5 years$15,440$14,703$14,003$13,339$12,709$11,461
6 years$12,737$12,006$11,316$10,667$10,056$8,861
7 years$10,808$10,082$9,404$8,770$8,178$7,037
8 years$9,361$8,642$7,975$7,357$6,785$5,696
9 years$8,237$7,525$6,869$6,267$5,714$4,678
10 years$7,338$6,633$5,989$5,402$4,868$3,884
11 years$6,603$5,905$5,272$4,701$4,187$3,253
12 years$5,991$5,300$4,679$4,124$3,628$2,743
13 years$5,473$4,789$4,180$3,641$3,164$2,327
14 years$5,030$4,353$3,756$3,232$2,773$1,983
15 years$4,646$3,977$3,391$2,882$2,442$1,696
16 years$4,311$3,649$3,075$2,581$2,158$1,456
17 years$4,015$3,360$2,798$2,319$1,914$1,253
18 years$3,752$3,105$2,554$2,090$1,702$1,080
19 years$3,518$2,878$2,338$1,888$1,517$934
20 years$3,307$2,674$2,146$1,710$1,355$808
21 years$3,116$2,491$1,974$1,552$1,212$701
22 years$2,943$2,325$1,819$1,411$1,087$608
23 years$2,786$2,175$1,680$1,285$975$528
24 years$2,641$2,038$1,553$1,172$877$459
25 years$2,509$1,912$1,439$1,070$789$400
26 years$2,386$1,797$1,334$979$711$348
27 years$2,273$1,691$1,239$896$641$303
28 years$2,169$1,594$1,152$821$578$265
29 years$2,071$1,503$1,072$753$522$231
30 years$1,981$1,420$998$691$472$201
31 years$1,896$1,342$931$634$426$176
32 years$1,817$1,270$868$583$386$153
33 years$1,743$1,203$811$536$349$134
34 years$1,673$1,140$758$493$316$117
35 years$1,607$1,081$708$454$286$102
36 years$1,545$1,026$663$418$259$89
37 years$1,487$975$620$385$235$78
38 years$1,432$926$581$355$213$68
39 years$1,380$881$544$328$193$60
40 years$1,330$838$510$302$175$52
41 years$1,283$798$478$279$159$46
42 years$1,239$760$449$257$144$40
43 years$1,196$724$421$237$131$35
44 years$1,156$690$395$219$119$31
45 years$1,118$658$371$202$108$27
46 years$1,081$628$348$187$98$23
47 years$1,046$599$327$173$89$20
48 years$1,013$572$308$160$81$18
49 years$981$546$289$148$73$16
50 years$950$522$272$136$67$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $973,000, adding $3,720 every year, while hoping to spend $45,453 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: 69/10/21 Blend
51$973,000$973,000$973,000$973,000
52$1,076,083$1,024,514$1,009,433$1,144,470
53$1,137,482$1,026,354$994,887$1,192,489
54$1,203,620$1,026,760$978,331$1,239,354
55$1,274,933$1,025,615$959,648$1,289,533
56$1,351,899$1,022,793$938,719$1,343,352
57$1,435,043$1,018,160$915,417$1,401,168
58$1,524,944$1,011,576$889,610$1,463,376
59$1,622,235$1,002,891$861,159$1,530,415
60$1,727,616$991,945$829,920$1,602,767
61$1,841,852$978,570$795,742$1,680,965
62$1,965,788$962,587$758,467$1,765,598
63$2,100,352$943,807$717,928$1,857,315
64$2,246,564$922,029$673,955$1,956,834
65$2,405,546$897,042$626,366$2,064,948
66$2,578,535$868,620$574,972$2,182,531
67$2,766,889$836,525$519,576$2,310,550
68$2,972,103$800,506$459,974$2,450,070
69$3,195,823$760,297$395,948$2,602,268
70$3,439,860$715,615$327,276$2,768,444
71$3,706,208$666,162$253,722$2,950,031
72$3,997,061$611,624$175,042$3,148,611
73$4,314,836$551,668$90,980$3,365,933
74$4,662,190$485,941$1,269$3,603,922
75$5,042,053$414,071$0$3,864,707
76$5,457,648$335,666$0$4,171,801
77$5,912,524$250,310$0$4,508,308
78$6,410,591$157,565$0$4,876,867
79$6,956,154$56,967$0$5,280,703
80$7,553,951$0$0$5,723,369
81$8,209,204$0$0$6,214,499
82$8,927,663$0$0$6,759,931
83$9,715,660$0$0$7,358,210
84$10,580,170$0$0$8,014,641
85$11,528,876$0$0$8,735,063
86$12,570,240$0$0$9,525,910
87$13,713,583$0$0$10,394,270
88$14,969,175$0$0$11,347,949
89$16,348,326$0$0$12,395,547
90$17,863,498$0$0$13,546,539
91$19,528,419$0$0$14,811,361
92$21,358,211$0$0$16,201,512
93$23,369,535$0$0$17,729,660
94$25,580,748$0$0$19,409,759
95$28,012,070$0$0$21,257,187
96$30,685,784$0$0$23,288,882
97$33,626,435$0$0$25,523,509
98$36,861,070$0$0$27,981,632
99$40,419,487$0$0$30,685,907
100$44,334,518$0$0$33,661,298