Can I retire at age 52 with 979,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $979,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$80,845$80,125$79,422$78,736$78,067$75,659
2 years$40,022$39,277$38,554$37,854$37,175$34,770
3 years$26,416$25,668$24,947$24,253$23,585$21,259
4 years$19,615$18,869$18,155$17,473$16,821$14,591
5 years$15,535$14,793$14,089$13,421$12,787$10,659
6 years$12,816$12,080$11,386$10,733$10,118$8,094
7 years$10,875$10,145$9,462$8,824$8,229$6,309
8 years$9,419$8,696$8,024$7,402$6,826$5,010
9 years$8,288$7,571$6,911$6,305$5,749$4,033
10 years$7,383$6,674$6,026$5,435$4,898$3,281
11 years$6,644$5,941$5,305$4,730$4,213$2,690
12 years$6,028$5,332$4,708$4,149$3,651$2,221
13 years$5,507$4,819$4,206$3,663$3,183$1,842
14 years$5,061$4,380$3,779$3,252$2,791$1,535
15 years$4,675$4,002$3,412$2,900$2,457$1,283
16 years$4,337$3,671$3,094$2,596$2,172$1,075
17 years$4,040$3,381$2,815$2,333$1,925$904
18 years$3,776$3,124$2,570$2,102$1,712$761
19 years$3,540$2,896$2,353$1,900$1,526$641
20 years$3,327$2,691$2,159$1,721$1,363$541
21 years$3,136$2,506$1,986$1,562$1,220$458
22 years$2,961$2,340$1,830$1,420$1,093$387
23 years$2,803$2,188$1,690$1,293$981$328
24 years$2,657$2,050$1,563$1,179$882$278
25 years$2,524$1,924$1,448$1,077$794$235
26 years$2,401$1,808$1,343$985$715$200
27 years$2,287$1,702$1,247$901$645$169
28 years$2,182$1,604$1,159$826$582$144
29 years$2,084$1,513$1,079$757$525$122
30 years$1,993$1,429$1,005$695$475$104
31 years$1,908$1,351$937$638$429$88
32 years$1,828$1,278$874$587$388$75
33 years$1,753$1,210$816$539$351$64
34 years$1,683$1,147$762$496$318$54
35 years$1,617$1,088$713$457$288$46
36 years$1,555$1,033$667$421$261$39
37 years$1,496$981$624$388$237$33
38 years$1,441$932$584$357$214$28
39 years$1,388$886$548$330$194$24
40 years$1,338$843$513$304$176$20
41 years$1,291$803$481$280$160$17
42 years$1,246$764$451$259$145$15
43 years$1,204$728$424$239$132$13
44 years$1,163$694$398$221$120$11
45 years$1,125$662$373$204$109$9
46 years$1,088$632$351$188$99$8
47 years$1,052$603$329$174$90$7
48 years$1,019$575$310$161$81$6
49 years$987$549$291$148$74$5
50 years$956$525$274$137$67$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $979,000, adding $2,291 every year, while hoping to spend $21,411 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: 51/38/11 Blend
51$979,000$979,000$979,000$979,000
52$1,081,221$1,029,334$1,014,160$1,133,100
53$1,168,725$1,056,990$1,025,353$1,196,445
54$1,264,436$1,085,284$1,036,203$1,262,801
55$1,369,169$1,114,224$1,046,677$1,334,446
56$1,483,822$1,143,819$1,056,739$1,411,880
57$1,609,382$1,174,076$1,066,349$1,495,660
58$1,746,936$1,205,003$1,075,469$1,586,393
59$1,897,683$1,236,608$1,084,057$1,684,753
60$2,062,942$1,268,897$1,092,068$1,791,478
61$2,244,166$1,301,876$1,099,456$1,907,382
62$2,442,955$1,335,552$1,106,172$2,033,361
63$2,661,072$1,369,929$1,112,164$2,170,402
64$2,900,458$1,405,013$1,117,378$2,319,592
65$3,163,252$1,440,806$1,121,758$2,482,128
66$3,451,809$1,477,311$1,125,243$2,659,329
67$3,768,726$1,514,532$1,127,771$2,852,647
68$4,116,861$1,552,468$1,129,275$3,063,681
69$4,499,362$1,591,121$1,129,688$3,294,194
70$4,919,700$1,630,489$1,128,936$3,546,127
71$5,381,697$1,670,570$1,126,942$3,821,620
72$5,889,563$1,711,361$1,123,628$4,123,027
73$6,447,939$1,752,858$1,118,909$4,452,946
74$7,061,933$1,795,053$1,112,698$4,814,237
75$7,737,180$1,837,940$1,104,902$5,210,050
76$8,479,881$1,881,508$1,095,425$5,643,858
77$9,296,874$1,925,746$1,084,167$6,119,488
78$10,195,689$1,970,642$1,071,021$6,641,154
79$11,184,625$2,016,179$1,055,876$7,213,502
80$12,272,825$2,062,341$1,038,616$7,841,650
81$13,470,364$2,109,106$1,019,120$8,531,240
82$14,788,342$2,156,453$997,262$9,288,485
83$16,238,989$2,204,356$972,907$10,120,235
84$17,835,783$2,252,786$945,916$11,034,038
85$19,593,574$2,301,713$916,144$12,038,209
86$21,528,722$2,351,101$883,440$13,141,914
87$23,659,259$2,400,912$847,642$14,355,253
88$26,005,051$2,451,105$808,585$15,689,356
89$28,587,989$2,501,631$766,096$17,156,487
90$31,432,195$2,552,442$719,991$18,770,163
91$34,564,249$2,603,482$670,081$20,545,280
92$38,013,441$2,654,691$616,167$22,498,251
93$41,812,045$2,706,004$558,041$24,647,168
94$45,995,625$2,757,350$495,488$27,011,964
95$50,603,371$2,808,653$428,279$29,614,610
96$55,678,468$2,859,829$356,179$32,479,315
97$61,268,501$2,910,790$278,940$35,632,761
98$67,425,908$2,961,439$196,305$39,104,351
99$74,208,474$3,011,673$108,005$42,926,490
100$81,679,873$3,061,380$13,757$47,134,887