Can I retire at age 52 with 975,000?

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 $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%15.5%
1 years$80,515$79,797$79,098$78,415$77,748$75,992
2 years$39,859$39,116$38,397$37,699$37,023$35,263
3 years$26,309$25,563$24,845$24,154$23,489$21,780
4 years$19,535$18,791$18,081$17,402$16,752$15,108
5 years$15,472$14,733$14,032$13,366$12,735$11,160
6 years$12,764$12,030$11,340$10,689$10,077$8,572
7 years$10,830$10,103$9,423$8,788$8,195$6,761
8 years$9,381$8,660$7,992$7,372$6,799$5,435
9 years$8,254$7,540$6,883$6,279$5,725$4,432
10 years$7,353$6,646$6,001$5,413$4,878$3,652
11 years$6,617$5,917$5,283$4,711$4,196$3,036
12 years$6,003$5,311$4,689$4,132$3,636$2,541
13 years$5,485$4,799$4,189$3,648$3,170$2,138
14 years$5,040$4,362$3,764$3,238$2,779$1,807
15 years$4,656$3,985$3,398$2,888$2,447$1,533
16 years$4,320$3,656$3,081$2,586$2,163$1,304
17 years$4,023$3,367$2,804$2,323$1,918$1,113
18 years$3,760$3,112$2,559$2,094$1,705$951
19 years$3,525$2,884$2,343$1,892$1,520$815
20 years$3,314$2,680$2,150$1,714$1,357$699
21 years$3,123$2,496$1,978$1,555$1,215$600
22 years$2,949$2,330$1,823$1,414$1,089$516
23 years$2,791$2,179$1,683$1,288$977$444
24 years$2,647$2,042$1,557$1,174$879$383
25 years$2,514$1,916$1,442$1,073$791$330
26 years$2,391$1,801$1,337$981$712$285
27 years$2,278$1,695$1,242$898$642$246
28 years$2,173$1,597$1,154$822$579$212
29 years$2,076$1,507$1,074$754$523$183
30 years$1,985$1,423$1,000$692$473$158
31 years$1,900$1,345$933$636$427$137
32 years$1,820$1,273$870$584$387$118
33 years$1,746$1,205$813$537$350$102
34 years$1,676$1,142$759$494$317$88
35 years$1,610$1,083$710$455$287$76
36 years$1,549$1,028$664$419$260$66
37 years$1,490$977$622$386$236$57
38 years$1,435$928$582$356$214$50
39 years$1,383$883$545$328$194$43
40 years$1,333$840$511$303$176$37
41 years$1,286$799$479$279$159$32
42 years$1,241$761$450$258$145$28
43 years$1,199$725$422$238$131$24
44 years$1,158$691$396$220$119$21
45 years$1,120$659$372$203$108$18
46 years$1,083$629$349$187$98$16
47 years$1,048$600$328$173$89$13
48 years$1,015$573$308$160$81$12
49 years$983$547$290$148$74$10
50 years$952$523$272$137$67$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $975,000, adding $3,944 every year, while hoping to spend $30,893 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: 43/30/27 Blend
51$975,000$975,000$975,000$975,000
52$1,078,518$1,026,843$1,011,731$1,116,258
53$1,155,657$1,044,289$1,012,754$1,161,083
54$1,239,629$1,061,553$1,012,776$1,206,384
55$1,331,098$1,078,596$1,011,730$1,254,871
56$1,430,795$1,095,372$1,009,548$1,306,858
57$1,539,524$1,111,834$1,006,157$1,362,692
58$1,658,172$1,127,931$1,001,480$1,422,754
59$1,787,713$1,143,607$995,437$1,487,467
60$1,929,220$1,158,804$987,944$1,557,298
61$2,083,875$1,173,459$978,914$1,632,761
62$2,252,977$1,187,505$968,254$1,714,428
63$2,437,958$1,200,871$955,869$1,802,926
64$2,640,396$1,213,480$941,657$1,898,950
65$2,862,026$1,225,250$925,512$2,003,270
66$3,104,761$1,236,095$907,324$2,116,731
67$3,370,704$1,245,922$886,977$2,240,270
68$3,662,176$1,254,631$864,351$2,374,922
69$3,981,728$1,262,119$839,317$2,521,828
70$4,332,175$1,268,273$811,745$2,682,248
71$4,716,613$1,272,975$781,494$2,857,575
72$5,138,454$1,276,097$748,421$3,049,344
73$5,601,456$1,277,506$712,373$3,259,253
74$6,109,759$1,277,058$673,192$3,489,174
75$6,667,924$1,274,603$630,713$3,741,173
76$7,280,972$1,269,979$584,762$4,017,534
77$7,954,439$1,263,015$535,159$4,320,772
78$8,694,419$1,253,530$481,714$4,653,669
79$9,507,629$1,241,333$424,231$5,019,289
80$10,401,468$1,226,219$362,504$5,421,019
81$11,384,086$1,207,972$296,316$5,862,593
82$12,464,464$1,186,363$225,443$6,348,131
83$13,652,495$1,161,151$149,652$6,882,180
84$14,959,080$1,132,078$68,695$7,469,756
85$16,396,228$1,098,872$0$8,116,393
86$17,977,173$1,061,246$0$8,833,297
87$19,716,492$1,018,894$0$9,643,553
88$21,630,250$971,496$0$10,534,862
89$23,736,145$918,709$0$11,515,501
90$26,053,680$860,173$0$12,594,598
91$28,604,341$795,508$0$13,782,214
92$31,411,805$724,309$0$15,089,441
93$34,502,159$646,150$0$16,528,507
94$37,904,150$560,582$0$18,112,889
95$41,649,451$467,128$0$19,857,446
96$45,772,964$365,286$0$21,778,559
97$50,313,146$254,525$0$23,894,282
98$55,312,373$134,283$0$26,224,519
99$60,817,342$3,970$0$28,791,210
100$66,879,505$0$0$31,618,539