Can I retire at age 52 with 975,000?

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 $975,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$80,515$79,797$79,098$78,415$77,748$75,961
2 years$39,859$39,116$38,397$37,699$37,023$35,232
3 years$26,309$25,563$24,845$24,154$23,489$21,751
4 years$19,535$18,791$18,081$17,402$16,752$15,080
5 years$15,472$14,733$14,032$13,366$12,735$11,133
6 years$12,764$12,030$11,340$10,689$10,077$8,547
7 years$10,830$10,103$9,423$8,788$8,195$6,738
8 years$9,381$8,660$7,992$7,372$6,799$5,413
9 years$8,254$7,540$6,883$6,279$5,725$4,411
10 years$7,353$6,646$6,001$5,413$4,878$3,633
11 years$6,617$5,917$5,283$4,711$4,196$3,018
12 years$6,003$5,311$4,689$4,132$3,636$2,524
13 years$5,485$4,799$4,189$3,648$3,170$2,122
14 years$5,040$4,362$3,764$3,238$2,779$1,793
15 years$4,656$3,985$3,398$2,888$2,447$1,520
16 years$4,320$3,656$3,081$2,586$2,163$1,292
17 years$4,023$3,367$2,804$2,323$1,918$1,102
18 years$3,760$3,112$2,559$2,094$1,705$941
19 years$3,525$2,884$2,343$1,892$1,520$806
20 years$3,314$2,680$2,150$1,714$1,357$690
21 years$3,123$2,496$1,978$1,555$1,215$593
22 years$2,949$2,330$1,823$1,414$1,089$509
23 years$2,791$2,179$1,683$1,288$977$438
24 years$2,647$2,042$1,557$1,174$879$377
25 years$2,514$1,916$1,442$1,073$791$325
26 years$2,391$1,801$1,337$981$712$280
27 years$2,278$1,695$1,242$898$642$241
28 years$2,173$1,597$1,154$822$579$208
29 years$2,076$1,507$1,074$754$523$180
30 years$1,985$1,423$1,000$692$473$155
31 years$1,900$1,345$933$636$427$134
32 years$1,820$1,273$870$584$387$116
33 years$1,746$1,205$813$537$350$100
34 years$1,676$1,142$759$494$317$86
35 years$1,610$1,083$710$455$287$75
36 years$1,549$1,028$664$419$260$65
37 years$1,490$977$622$386$236$56
38 years$1,435$928$582$356$214$48
39 years$1,383$883$545$328$194$42
40 years$1,333$840$511$303$176$36
41 years$1,286$799$479$279$159$31
42 years$1,241$761$450$258$145$27
43 years$1,199$725$422$238$131$23
44 years$1,158$691$396$220$119$20
45 years$1,120$659$372$203$108$17
46 years$1,083$629$349$187$98$15
47 years$1,048$600$328$173$89$13
48 years$1,015$573$308$160$81$11
49 years$983$547$290$148$74$10
50 years$952$523$272$137$67$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $975,000, adding $5,212 every year, while hoping to spend $52,403 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: 35/41/24 Blend
51$975,000$975,000$975,000$975,000
52$1,079,826$1,028,151$1,013,039$1,109,617
53$1,134,212$1,022,774$991,219$1,126,771
54$1,192,389$1,015,377$966,912$1,140,112
55$1,254,688$1,005,807$939,979$1,153,460
56$1,321,473$993,898$910,276$1,166,849
57$1,393,143$979,478$877,649$1,180,320
58$1,470,135$962,364$841,942$1,193,925
59$1,552,929$942,360$802,987$1,207,724
60$1,642,052$919,260$760,611$1,221,788
61$1,738,083$892,846$714,634$1,236,202
62$1,841,659$862,887$664,866$1,251,065
63$1,953,478$829,138$611,109$1,266,493
64$2,074,308$791,341$553,155$1,282,619
65$2,204,992$749,221$490,790$1,299,597
66$2,346,457$702,488$423,788$1,317,604
67$2,499,723$650,838$351,912$1,336,844
68$2,665,911$593,945$274,918$1,357,550
69$2,846,254$531,468$192,547$1,379,984
70$3,042,106$463,045$104,532$1,404,449
71$3,254,960$388,294$10,593$1,431,287
72$3,486,456$306,810$0$1,460,883
73$3,738,399$218,167$0$1,516,634
74$4,012,773$121,915$0$1,580,461
75$4,311,765$17,579$0$1,650,288
76$4,637,780$0$0$1,726,824
77$4,993,464$0$0$1,853,879
78$5,381,730$0$0$2,001,362
79$5,805,786$0$0$2,162,578
80$6,269,162$0$0$2,338,885
81$6,775,745$0$0$2,531,781
82$7,329,813$0$0$2,742,915
83$7,936,079$0$0$2,974,099
84$8,599,732$0$0$3,227,334
85$9,326,483$0$0$3,504,820
86$10,122,624$0$0$3,808,981
87$10,995,084$0$0$4,142,487
88$11,951,494$0$0$4,508,277
89$13,000,257$0$0$4,909,591
90$14,150,630$0$0$5,349,994
91$15,412,808$0$0$5,833,417
92$16,798,021$0$0$6,364,188
93$18,318,638$0$0$6,947,074
94$19,988,286$0$0$7,587,326
95$21,821,974$0$0$8,290,732
96$23,836,237$0$0$9,063,664
97$26,049,290$0$0$9,913,144
98$28,481,199$0$0$10,846,909
99$31,154,072$0$0$11,873,480
100$34,092,264$0$0$13,002,247