Can I retire at age 52 with 979,000?

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 $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%17.4%
1 years$80,845$80,125$79,422$78,736$78,067$75,720
2 years$40,022$39,277$38,554$37,854$37,175$34,830
3 years$26,416$25,668$24,947$24,253$23,585$21,316
4 years$19,615$18,869$18,155$17,473$16,821$14,645
5 years$15,535$14,793$14,089$13,421$12,787$10,710
6 years$12,816$12,080$11,386$10,733$10,118$8,142
7 years$10,875$10,145$9,462$8,824$8,229$6,353
8 years$9,419$8,696$8,024$7,402$6,826$5,051
9 years$8,288$7,571$6,911$6,305$5,749$4,071
10 years$7,383$6,674$6,026$5,435$4,898$3,316
11 years$6,644$5,941$5,305$4,730$4,213$2,723
12 years$6,028$5,332$4,708$4,149$3,651$2,250
13 years$5,507$4,819$4,206$3,663$3,183$1,869
14 years$5,061$4,380$3,779$3,252$2,791$1,560
15 years$4,675$4,002$3,412$2,900$2,457$1,305
16 years$4,337$3,671$3,094$2,596$2,172$1,096
17 years$4,040$3,381$2,815$2,333$1,925$922
18 years$3,776$3,124$2,570$2,102$1,712$777
19 years$3,540$2,896$2,353$1,900$1,526$656
20 years$3,327$2,691$2,159$1,721$1,363$555
21 years$3,136$2,506$1,986$1,562$1,220$470
22 years$2,961$2,340$1,830$1,420$1,093$398
23 years$2,803$2,188$1,690$1,293$981$338
24 years$2,657$2,050$1,563$1,179$882$286
25 years$2,524$1,924$1,448$1,077$794$243
26 years$2,401$1,808$1,343$985$715$207
27 years$2,287$1,702$1,247$901$645$176
28 years$2,182$1,604$1,159$826$582$149
29 years$2,084$1,513$1,079$757$525$127
30 years$1,993$1,429$1,005$695$475$108
31 years$1,908$1,351$937$638$429$92
32 years$1,828$1,278$874$587$388$78
33 years$1,753$1,210$816$539$351$67
34 years$1,683$1,147$762$496$318$57
35 years$1,617$1,088$713$457$288$48
36 years$1,555$1,033$667$421$261$41
37 years$1,496$981$624$388$237$35
38 years$1,441$932$584$357$214$30
39 years$1,388$886$548$330$194$25
40 years$1,338$843$513$304$176$22
41 years$1,291$803$481$280$160$18
42 years$1,246$764$451$259$145$16
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$10
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 $2,229 every year, while hoping to spend $46,715 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: 71/20/9 Blend
51$979,000$979,000$979,000$979,000
52$1,081,157$1,029,270$1,014,096$1,155,990
53$1,141,731$1,030,000$998,364$1,206,506
54$1,206,917$1,029,200$980,539$1,255,817
55$1,277,138$1,026,746$960,502$1,308,518
56$1,352,855$1,022,505$938,127$1,364,932
57$1,434,577$1,016,339$913,285$1,425,415
58$1,522,862$1,008,097$885,839$1,490,360
59$1,618,324$997,624$855,644$1,560,201
60$1,721,636$984,752$822,552$1,635,417
61$1,833,542$969,303$786,406$1,716,537
62$1,954,855$951,091$747,043$1,804,144
63$2,086,473$929,917$704,291$1,898,881
64$2,229,380$905,570$657,972$2,001,461
65$2,384,662$877,828$607,899$2,112,666
66$2,553,511$846,455$553,877$2,233,364
67$2,737,239$811,201$495,702$2,364,509
68$2,937,291$771,803$433,161$2,507,156
69$3,155,255$727,982$366,032$2,662,470
70$3,392,879$679,441$294,083$2,831,735
71$3,652,089$625,870$217,070$3,016,369
72$3,935,001$566,937$134,742$3,217,937
73$4,243,948$502,294$46,833$3,438,165
74$4,581,497$431,572$0$3,678,959
75$4,950,473$354,382$0$3,946,933
76$5,353,986$270,312$0$4,244,988
77$5,795,462$178,927$0$4,571,211
78$6,278,674$79,769$0$4,928,456
79$6,807,773$0$0$5,319,871
80$7,387,333$0$0$5,755,012
81$8,022,392$0$0$6,251,108
82$8,718,495$0$0$6,794,941
83$9,481,752$0$0$7,391,291
84$10,318,892$0$0$8,045,422
85$11,237,324$0$0$8,763,131
86$12,245,213$0$0$9,550,804
87$13,351,550$0$0$10,415,476
88$14,566,238$0$0$11,364,895
89$15,900,189$0$0$12,407,596
90$17,365,421$0$0$13,552,982
91$18,975,174$0$0$14,811,412
92$20,744,034$0$0$16,194,297
93$22,688,070$0$0$17,714,207
94$24,824,984$0$0$19,384,994
95$27,174,279$0$0$21,221,914
96$29,757,443$0$0$23,241,780
97$32,598,147$0$0$25,463,111
98$35,722,476$0$0$27,906,315
99$39,159,164$0$0$30,593,873
100$42,939,873$0$0$33,550,557