Can I retire at age 52 with 976,000?

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 $976,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$80,597$79,879$79,179$78,495$77,828$75,397
2 years$39,900$39,156$38,436$37,738$37,061$34,633
3 years$26,336$25,589$24,871$24,179$23,513$21,165
4 years$19,555$18,811$18,100$17,420$16,770$14,519
5 years$15,487$14,748$14,046$13,380$12,748$10,601
6 years$12,777$12,043$11,351$10,700$10,087$8,046
7 years$10,841$10,113$9,433$8,797$8,203$6,268
8 years$9,390$8,669$8,000$7,380$6,806$4,974
9 years$8,262$7,548$6,890$6,286$5,731$4,002
10 years$7,361$6,653$6,007$5,418$4,883$3,253
11 years$6,623$5,923$5,289$4,716$4,200$2,666
12 years$6,009$5,316$4,693$4,136$3,639$2,199
13 years$5,490$4,804$4,193$3,652$3,174$1,823
14 years$5,046$4,367$3,768$3,242$2,782$1,518
15 years$4,661$3,989$3,402$2,891$2,450$1,268
16 years$4,324$3,660$3,084$2,589$2,165$1,062
17 years$4,027$3,371$2,806$2,326$1,920$892
18 years$3,764$3,115$2,562$2,096$1,707$750
19 years$3,529$2,887$2,345$1,894$1,521$632
20 years$3,317$2,682$2,152$1,715$1,359$533
21 years$3,126$2,499$1,980$1,557$1,216$450
22 years$2,952$2,332$1,825$1,415$1,090$381
23 years$2,794$2,181$1,685$1,289$978$322
24 years$2,649$2,044$1,558$1,176$879$273
25 years$2,516$1,918$1,443$1,074$791$231
26 years$2,394$1,803$1,338$982$713$196
27 years$2,280$1,697$1,243$899$643$166
28 years$2,175$1,599$1,155$823$580$141
29 years$2,078$1,508$1,075$755$524$119
30 years$1,987$1,424$1,002$693$473$101
31 years$1,902$1,346$934$636$428$86
32 years$1,822$1,274$871$585$387$73
33 years$1,748$1,206$813$538$350$62
34 years$1,678$1,143$760$495$317$53
35 years$1,612$1,085$711$456$287$45
36 years$1,550$1,029$665$420$260$38
37 years$1,492$978$622$387$236$32
38 years$1,436$929$583$356$214$27
39 years$1,384$884$546$329$194$23
40 years$1,334$841$512$303$176$20
41 years$1,287$800$480$280$160$17
42 years$1,243$762$450$258$145$14
43 years$1,200$726$422$238$131$12
44 years$1,160$692$396$220$119$10
45 years$1,121$660$372$203$108$9
46 years$1,084$630$350$188$98$7
47 years$1,049$601$328$173$89$6
48 years$1,016$574$309$160$81$5
49 years$984$548$290$148$74$5
50 years$953$523$273$137$67$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $976,000, adding $3,414 every year, while hoping to spend $26,921 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: 57/15/28 Blend
51$976,000$976,000$976,000$976,000
52$1,079,074$1,027,346$1,012,218$1,132,114
53$1,160,495$1,049,042$1,017,483$1,190,604
54$1,249,320$1,070,899$1,022,023$1,251,219
55$1,346,274$1,092,896$1,025,784$1,316,739
56$1,452,157$1,115,011$1,028,711$1,387,647
57$1,567,850$1,137,220$1,030,746$1,464,476
58$1,694,322$1,159,495$1,031,827$1,547,813
59$1,832,641$1,181,808$1,031,891$1,638,305
60$1,983,981$1,204,128$1,030,871$1,736,666
61$2,149,638$1,226,420$1,028,695$1,843,683
62$2,331,034$1,248,649$1,025,290$1,960,224
63$2,529,741$1,270,773$1,020,578$2,087,247
64$2,747,485$1,292,752$1,014,478$2,225,806
65$2,986,170$1,314,538$1,006,905$2,377,065
66$3,247,892$1,336,083$997,768$2,542,307
67$3,534,959$1,357,333$986,976$2,722,947
68$3,849,913$1,378,232$974,428$2,920,544
69$4,195,557$1,398,717$960,024$3,136,820
70$4,574,974$1,418,725$943,655$3,373,669
71$4,991,563$1,438,184$925,210$3,633,184
72$5,449,068$1,457,020$904,569$3,917,670
73$5,951,611$1,475,152$881,610$4,229,668
74$6,503,736$1,492,495$856,205$4,571,983
75$7,110,447$1,508,958$828,218$4,947,703
76$7,777,258$1,524,442$797,508$5,360,237
77$8,510,242$1,538,843$763,928$5,813,340
78$9,316,091$1,552,051$727,324$6,311,154
79$10,202,177$1,563,946$687,535$6,858,244
80$11,176,623$1,574,404$644,391$7,459,645
81$12,248,379$1,583,289$597,718$8,120,905
82$13,427,303$1,590,460$547,331$8,848,143
83$14,724,259$1,595,764$493,038$9,648,103
84$16,151,217$1,599,040$434,639$10,528,219
85$17,721,365$1,600,117$371,923$11,496,690
86$19,449,234$1,598,813$304,672$12,562,549
87$21,350,835$1,594,933$232,658$13,735,759
88$23,443,809$1,588,274$155,641$15,027,298
89$25,747,595$1,578,617$73,372$16,449,272
90$28,283,612$1,565,731$0$18,015,022
91$31,075,459$1,549,370$0$19,743,565
92$34,149,143$1,529,277$0$21,670,479
93$37,533,318$1,505,174$0$23,791,773
94$41,259,560$1,476,770$0$26,127,236
95$45,362,660$1,443,757$0$28,698,672
96$49,880,957$1,405,807$0$31,530,112
97$54,856,696$1,362,573$0$34,648,036
98$60,336,429$1,313,690$0$38,081,626
99$66,371,452$1,258,768$0$41,863,042
100$73,018,290$1,197,397$0$46,027,723