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%19.3%
1 years$80,515$79,797$79,098$78,415$77,748$74,841
2 years$39,859$39,116$38,397$37,699$37,023$34,127
3 years$26,309$25,563$24,845$24,154$23,489$20,696
4 years$19,535$18,791$18,081$17,402$16,752$14,083
5 years$15,472$14,733$14,032$13,366$12,735$10,197
6 years$12,764$12,030$11,340$10,689$10,077$7,671
7 years$10,830$10,103$9,423$8,788$8,195$5,921
8 years$9,381$8,660$7,992$7,372$6,799$4,655
9 years$8,254$7,540$6,883$6,279$5,725$3,708
10 years$7,353$6,646$6,001$5,413$4,878$2,984
11 years$6,617$5,917$5,283$4,711$4,196$2,421
12 years$6,003$5,311$4,689$4,132$3,636$1,976
13 years$5,485$4,799$4,189$3,648$3,170$1,620
14 years$5,040$4,362$3,764$3,238$2,779$1,334
15 years$4,656$3,985$3,398$2,888$2,447$1,102
16 years$4,320$3,656$3,081$2,586$2,163$912
17 years$4,023$3,367$2,804$2,323$1,918$757
18 years$3,760$3,112$2,559$2,094$1,705$629
19 years$3,525$2,884$2,343$1,892$1,520$524
20 years$3,314$2,680$2,150$1,714$1,357$436
21 years$3,123$2,496$1,978$1,555$1,215$364
22 years$2,949$2,330$1,823$1,414$1,089$304
23 years$2,791$2,179$1,683$1,288$977$254
24 years$2,647$2,042$1,557$1,174$879$212
25 years$2,514$1,916$1,442$1,073$791$177
26 years$2,391$1,801$1,337$981$712$148
27 years$2,278$1,695$1,242$898$642$124
28 years$2,173$1,597$1,154$822$579$104
29 years$2,076$1,507$1,074$754$523$87
30 years$1,985$1,423$1,000$692$473$73
31 years$1,900$1,345$933$636$427$61
32 years$1,820$1,273$870$584$387$51
33 years$1,746$1,205$813$537$350$43
34 years$1,676$1,142$759$494$317$36
35 years$1,610$1,083$710$455$287$30
36 years$1,549$1,028$664$419$260$25
37 years$1,490$977$622$386$236$21
38 years$1,435$928$582$356$214$18
39 years$1,383$883$545$328$194$15
40 years$1,333$840$511$303$176$12
41 years$1,286$799$479$279$159$10
42 years$1,241$761$450$258$145$9
43 years$1,199$725$422$238$131$7
44 years$1,158$691$396$220$119$6
45 years$1,120$659$372$203$108$5
46 years$1,083$629$349$187$98$4
47 years$1,048$600$328$173$89$4
48 years$1,015$573$308$160$81$3
49 years$983$547$290$148$74$3
50 years$952$523$272$137$67$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $975,000, adding $6,979 every year, while hoping to spend $27,623 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: 46/37/17 Blend
51$975,000$975,000$975,000$975,000
52$1,081,649$1,029,974$1,014,861$1,125,870
53$1,162,586$1,051,052$1,019,469$1,178,478
54$1,250,854$1,072,237$1,023,304$1,232,184
55$1,347,169$1,093,505$1,026,314$1,289,860
56$1,452,324$1,114,830$1,028,439$1,351,885
57$1,567,189$1,136,185$1,029,619$1,418,679
58$1,692,721$1,157,537$1,029,790$1,490,706
59$1,829,977$1,178,855$1,028,886$1,568,475
60$1,980,118$1,200,101$1,026,837$1,652,550
61$2,144,423$1,221,239$1,023,569$1,743,551
62$2,324,300$1,242,226$1,019,005$1,842,162
63$2,521,301$1,263,018$1,013,064$1,949,139
64$2,737,134$1,283,566$1,005,662$2,065,312
65$2,973,679$1,303,818$996,709$2,191,602
66$3,233,009$1,323,720$986,113$2,329,019
67$3,517,405$1,343,211$973,777$2,478,681
68$3,829,380$1,362,228$959,598$2,641,818
69$4,171,702$1,380,703$943,471$2,819,790
70$4,547,421$1,398,562$925,282$3,014,093
71$4,959,894$1,415,728$904,915$3,226,379
72$5,412,822$1,432,117$882,248$3,458,470
73$5,910,279$1,447,641$857,153$3,712,375
74$6,456,756$1,462,203$829,496$3,990,310
75$7,057,197$1,475,703$799,136$4,294,717
76$7,717,052$1,488,033$765,928$4,628,291
77$8,442,322$1,499,078$729,718$4,994,004
78$9,239,622$1,508,716$690,346$5,395,132
79$10,116,235$1,516,815$647,645$5,835,288
80$11,080,190$1,523,237$601,439$6,318,458
81$12,140,329$1,527,836$551,547$6,849,034
82$13,306,396$1,530,453$497,778$7,431,861
83$14,589,126$1,530,923$439,931$8,072,283
84$16,000,347$1,529,069$377,799$8,776,189
85$17,553,091$1,524,702$311,164$9,550,075
86$19,261,718$1,517,623$239,799$10,401,103
87$21,142,048$1,507,622$163,467$11,337,169
88$23,211,514$1,494,472$81,921$12,366,980
89$25,489,325$1,477,938$0$13,500,135
90$27,996,645$1,457,765$0$14,748,144
91$30,756,794$1,433,688$0$16,137,668
92$33,795,471$1,405,422$0$17,666,747
93$37,140,989$1,372,668$0$19,349,618
94$40,824,549$1,335,107$0$21,201,975
95$44,880,530$1,292,405$0$23,241,112
96$49,346,815$1,244,204$0$25,486,096
97$54,265,149$1,190,128$0$27,957,940
98$59,681,528$1,129,779$0$30,679,808
99$65,646,641$1,062,735$0$33,677,228
100$72,216,339$988,549$0$36,978,341