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%14.2%
1 years$80,762$80,043$79,341$78,656$77,987$76,632
2 years$39,981$39,237$38,515$37,815$37,137$35,776
3 years$26,389$25,642$24,922$24,229$23,561$22,237
4 years$19,595$18,849$18,137$17,455$16,804$15,527
5 years$15,519$14,778$14,075$13,407$12,774$11,547
6 years$12,803$12,067$11,375$10,722$10,108$8,933
7 years$10,863$10,134$9,452$8,815$8,220$7,098
8 years$9,410$8,687$8,016$7,395$6,820$5,749
9 years$8,279$7,563$6,904$6,299$5,743$4,724
10 years$7,376$6,667$6,019$5,430$4,893$3,924
11 years$6,637$5,935$5,299$4,725$4,208$3,289
12 years$6,022$5,327$4,703$4,145$3,647$2,776
13 years$5,501$4,814$4,202$3,659$3,180$2,356
14 years$5,056$4,376$3,775$3,248$2,788$2,009
15 years$4,670$3,997$3,409$2,897$2,455$1,720
16 years$4,333$3,668$3,091$2,594$2,169$1,477
17 years$4,036$3,378$2,812$2,331$1,923$1,272
18 years$3,772$3,121$2,567$2,100$1,710$1,098
19 years$3,536$2,893$2,350$1,898$1,524$949
20 years$3,324$2,688$2,157$1,719$1,362$822
21 years$3,132$2,504$1,984$1,560$1,219$713
22 years$2,958$2,337$1,828$1,418$1,092$620
23 years$2,800$2,186$1,688$1,292$980$539
24 years$2,655$2,048$1,561$1,178$881$469
25 years$2,521$1,922$1,446$1,076$793$408
26 years$2,399$1,806$1,341$984$714$356
27 years$2,285$1,700$1,245$900$644$310
28 years$2,180$1,602$1,158$825$581$271
29 years$2,082$1,511$1,077$757$525$236
30 years$1,991$1,427$1,004$694$474$206
31 years$1,906$1,349$936$638$429$180
32 years$1,826$1,277$873$586$388$158
33 years$1,751$1,209$815$539$351$138
34 years$1,681$1,146$762$496$318$120
35 years$1,615$1,087$712$456$288$105
36 years$1,553$1,032$666$420$261$92
37 years$1,495$980$623$387$236$81
38 years$1,439$931$584$357$214$71
39 years$1,387$885$547$329$194$62
40 years$1,337$842$513$304$176$54
41 years$1,290$802$481$280$160$47
42 years$1,245$764$451$259$145$41
43 years$1,203$728$423$239$132$36
44 years$1,162$694$397$220$119$32
45 years$1,123$661$373$204$108$28
46 years$1,087$631$350$188$98$24
47 years$1,051$602$329$174$89$21
48 years$1,018$575$309$160$81$19
49 years$986$549$291$148$74$16
50 years$955$524$273$137$67$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $978,000, adding $4,744 every year, while hoping to spend $38,699 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: 20/50/30 Blend
51$978,000$978,000$978,000$978,000
52$1,082,649$1,030,815$1,015,656$1,093,914
53$1,151,904$1,040,150$1,008,505$1,114,388
54$1,226,926$1,048,645$999,818$1,132,756
55$1,308,262$1,056,218$989,502$1,151,530
56$1,396,514$1,062,782$977,459$1,170,766
57$1,492,345$1,068,245$963,590$1,190,530
58$1,596,482$1,072,507$947,789$1,210,898
59$1,709,726$1,075,463$929,943$1,231,958
60$1,832,959$1,077,001$909,937$1,253,808
61$1,967,151$1,077,004$887,649$1,276,564
62$2,113,367$1,075,344$862,952$1,300,354
63$2,272,783$1,071,888$835,714$1,325,325
64$2,446,691$1,066,495$805,794$1,351,646
65$2,636,513$1,059,012$773,048$1,379,506
66$2,843,815$1,049,282$737,322$1,409,118
67$3,070,320$1,037,133$698,459$1,440,725
68$3,317,927$1,022,387$656,292$1,474,599
69$3,588,725$1,004,853$610,647$1,511,048
70$3,885,014$984,329$561,342$1,550,415
71$4,209,326$960,603$508,188$1,593,089
72$4,564,452$933,446$450,987$1,639,505
73$4,953,462$902,622$389,531$1,690,149
74$5,379,740$867,875$323,605$1,745,568
75$5,847,010$828,937$252,982$1,806,372
76$6,359,376$785,526$177,428$1,873,244
77$6,921,356$737,341$96,696$1,946,945
78$7,537,928$684,064$10,528$2,028,328
79$8,214,574$625,360$0$2,118,341
80$8,957,333$560,875$0$2,244,108
81$9,772,856$490,234$0$2,386,033
82$10,668,472$413,040$0$2,542,151
83$11,652,253$328,875$0$2,714,018
84$12,733,091$237,298$0$2,903,364
85$13,920,781$137,841$0$3,112,100
86$15,226,117$30,011$0$3,342,347
87$16,660,988$0$0$3,596,451
88$18,238,493$0$0$3,924,718
89$19,973,062$0$0$4,304,023
90$21,880,597$0$0$4,721,355
91$23,978,614$0$0$5,180,573
92$26,286,414$0$0$5,685,926
93$28,825,261$0$0$6,242,099
94$31,618,587$0$0$6,854,252
95$34,692,206$0$0$7,528,071
96$38,074,563$0$0$8,269,823
97$41,796,998$0$0$9,086,410
98$45,894,045$0$0$9,985,441
99$50,403,754$0$0$10,975,299
100$55,368,051$0$0$12,065,219