Can I retire at age 52 with 978,000?

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 $978,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$80,762$80,043$79,341$78,656$77,987$76,040
2 years$39,981$39,237$38,515$37,815$37,137$35,187
3 years$26,389$25,642$24,922$24,229$23,561$21,670
4 years$19,595$18,849$18,137$17,455$16,804$14,987
5 years$15,519$14,778$14,075$13,407$12,774$11,035
6 years$12,803$12,067$11,375$10,722$10,108$8,449
7 years$10,863$10,134$9,452$8,815$8,220$6,642
8 years$9,410$8,687$8,016$7,395$6,820$5,320
9 years$8,279$7,563$6,904$6,299$5,743$4,322
10 years$7,376$6,667$6,019$5,430$4,893$3,549
11 years$6,637$5,935$5,299$4,725$4,208$2,939
12 years$6,022$5,327$4,703$4,145$3,647$2,450
13 years$5,501$4,814$4,202$3,659$3,180$2,053
14 years$5,056$4,376$3,775$3,248$2,788$1,728
15 years$4,670$3,997$3,409$2,897$2,455$1,460
16 years$4,333$3,668$3,091$2,594$2,169$1,237
17 years$4,036$3,378$2,812$2,331$1,923$1,051
18 years$3,772$3,121$2,567$2,100$1,710$894
19 years$3,536$2,893$2,350$1,898$1,524$763
20 years$3,324$2,688$2,157$1,719$1,362$651
21 years$3,132$2,504$1,984$1,560$1,219$557
22 years$2,958$2,337$1,828$1,418$1,092$477
23 years$2,800$2,186$1,688$1,292$980$408
24 years$2,655$2,048$1,561$1,178$881$350
25 years$2,521$1,922$1,446$1,076$793$300
26 years$2,399$1,806$1,341$984$714$258
27 years$2,285$1,700$1,245$900$644$221
28 years$2,180$1,602$1,158$825$581$190
29 years$2,082$1,511$1,077$757$525$163
30 years$1,991$1,427$1,004$694$474$141
31 years$1,906$1,349$936$638$429$121
32 years$1,826$1,277$873$586$388$104
33 years$1,751$1,209$815$539$351$89
34 years$1,681$1,146$762$496$318$77
35 years$1,615$1,087$712$456$288$66
36 years$1,553$1,032$666$420$261$57
37 years$1,495$980$623$387$236$49
38 years$1,439$931$584$357$214$42
39 years$1,387$885$547$329$194$36
40 years$1,337$842$513$304$176$31
41 years$1,290$802$481$280$160$27
42 years$1,245$764$451$259$145$23
43 years$1,203$728$423$239$132$20
44 years$1,162$694$397$220$119$17
45 years$1,123$661$373$204$108$15
46 years$1,087$631$350$188$98$13
47 years$1,051$602$329$174$89$11
48 years$1,018$575$309$160$81$9
49 years$986$549$291$148$74$8
50 years$955$524$273$137$67$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $978,000, adding $2,293 every year, while hoping to spend $23,283 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: 90/5/5 Blend
51$978,000$978,000$978,000$978,000
52$1,080,121$1,028,287$1,013,128$1,177,324
53$1,165,521$1,053,900$1,022,295$1,266,444
54$1,258,850$1,079,988$1,030,989$1,360,901
55$1,360,895$1,106,549$1,039,169$1,464,002
56$1,472,518$1,133,582$1,046,792$1,576,601
57$1,594,670$1,161,082$1,053,815$1,699,638
58$1,728,398$1,189,047$1,060,189$1,834,151
59$1,874,855$1,217,471$1,065,866$1,981,278
60$2,035,310$1,246,347$1,070,793$2,142,277
61$2,211,163$1,275,669$1,074,916$2,318,532
62$2,403,952$1,305,428$1,078,176$2,511,566
63$2,615,375$1,335,613$1,080,514$2,723,057
64$2,847,298$1,366,213$1,081,867$2,954,856
65$3,101,780$1,397,215$1,082,167$3,208,998
66$3,381,087$1,428,604$1,081,344$3,487,727
67$3,687,715$1,460,363$1,079,327$3,793,515
68$4,024,415$1,492,474$1,076,037$4,129,083
69$4,394,215$1,524,915$1,071,395$4,497,432
70$4,800,454$1,557,665$1,065,315$4,901,866
71$5,246,807$1,590,697$1,057,709$5,346,025
72$5,737,324$1,623,983$1,048,485$5,833,920
73$6,276,467$1,657,495$1,037,546$6,369,969
74$6,869,151$1,691,197$1,024,788$6,959,041
75$7,520,793$1,725,054$1,010,107$7,606,500
76$8,237,358$1,759,026$993,390$8,318,255
77$9,025,420$1,793,070$974,520$9,100,819
78$9,892,222$1,827,139$953,376$9,961,365
79$10,845,744$1,861,184$929,829$10,907,799
80$11,894,776$1,895,149$903,745$11,948,831
81$13,049,008$1,928,975$874,985$13,094,059
82$14,319,111$1,962,600$843,401$14,354,057
83$15,716,847$1,995,953$808,841$15,740,479
84$17,255,173$2,028,963$771,145$17,266,164
85$18,948,367$2,061,548$730,145$18,945,260
86$20,812,162$2,093,626$685,666$20,793,358
87$22,863,893$2,125,103$637,526$22,827,636
88$25,122,659$2,155,883$585,533$25,067,023
89$27,609,510$2,185,861$529,488$27,532,380
90$30,347,636$2,214,924$469,182$30,246,690
91$33,362,593$2,242,953$404,397$33,235,282
92$36,682,539$2,269,820$334,906$36,526,066
93$40,338,504$2,295,387$260,472$40,149,798
94$44,364,680$2,319,509$180,846$44,140,368
95$48,798,742$2,342,030$95,769$48,535,123
96$53,682,208$2,362,784$4,972$53,375,217
97$59,060,827$2,381,594$0$58,705,999
98$64,985,010$2,398,270$0$64,582,348
99$71,510,308$2,412,613$0$71,055,031
100$78,697,938$2,424,410$0$78,184,484