Can I retire at age 52 with 980,000?

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 $980,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$80,927$80,207$79,503$78,817$78,147$75,344
2 years$40,063$39,317$38,594$37,893$37,213$34,419
3 years$26,443$25,694$24,973$24,278$23,609$20,913
4 years$19,635$18,888$18,174$17,491$16,838$14,260
5 years$15,551$14,808$14,104$13,435$12,800$10,346
6 years$12,829$12,092$11,398$10,744$10,128$7,801
7 years$10,886$10,155$9,472$8,833$8,237$6,035
8 years$9,429$8,705$8,033$7,410$6,833$4,755
9 years$8,296$7,579$6,919$6,312$5,755$3,798
10 years$7,391$6,680$6,032$5,441$4,903$3,064
11 years$6,650$5,947$5,310$4,735$4,217$2,492
12 years$6,034$5,338$4,713$4,153$3,654$2,039
13 years$5,513$4,824$4,211$3,667$3,187$1,677
14 years$5,066$4,385$3,783$3,255$2,793$1,384
15 years$4,680$4,006$3,416$2,903$2,460$1,147
16 years$4,342$3,675$3,097$2,599$2,174$952
17 years$4,044$3,385$2,818$2,335$1,927$792
18 years$3,779$3,128$2,572$2,105$1,714$661
19 years$3,543$2,899$2,355$1,902$1,528$552
20 years$3,331$2,693$2,161$1,722$1,364$461
21 years$3,139$2,509$1,988$1,563$1,221$386
22 years$2,964$2,342$1,832$1,421$1,094$323
23 years$2,806$2,190$1,692$1,294$982$271
24 years$2,660$2,052$1,565$1,181$883$227
25 years$2,527$1,926$1,449$1,078$795$190
26 years$2,403$1,810$1,344$986$716$160
27 years$2,290$1,703$1,248$902$645$134
28 years$2,184$1,605$1,160$827$582$113
29 years$2,086$1,514$1,080$758$526$95
30 years$1,995$1,430$1,006$696$475$80
31 years$1,910$1,352$938$639$430$67
32 years$1,830$1,279$875$587$389$56
33 years$1,755$1,211$817$540$352$47
34 years$1,685$1,148$763$497$318$40
35 years$1,619$1,089$713$457$288$33
36 years$1,556$1,034$667$421$261$28
37 years$1,498$982$625$388$237$24
38 years$1,442$933$585$358$215$20
39 years$1,390$887$548$330$195$17
40 years$1,340$844$514$304$177$14
41 years$1,293$803$482$281$160$12
42 years$1,248$765$452$259$145$10
43 years$1,205$729$424$239$132$8
44 years$1,164$695$398$221$120$7
45 years$1,126$663$374$204$109$6
46 years$1,089$632$351$188$99$5
47 years$1,054$603$330$174$90$4
48 years$1,020$576$310$161$81$4
49 years$988$550$291$149$74$3
50 years$957$525$274$137$67$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $980,000, adding $4,183 every year, while hoping to spend $22,222 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: 71/16/13 Blend
51$980,000$980,000$980,000$980,000
52$1,084,275$1,032,335$1,017,145$1,157,919
53$1,171,227$1,059,275$1,027,575$1,234,240
54$1,266,303$1,086,791$1,037,610$1,314,660
55$1,370,309$1,114,886$1,047,213$1,402,107
56$1,484,131$1,143,566$1,056,345$1,497,271
57$1,608,745$1,172,834$1,064,966$1,600,911
58$1,745,227$1,202,693$1,073,032$1,713,864
59$1,894,761$1,233,145$1,080,499$1,837,050
60$2,058,649$1,264,192$1,087,318$1,971,483
61$2,238,329$1,295,835$1,093,441$2,118,280
62$2,435,382$1,328,075$1,098,815$2,278,672
63$2,651,550$1,360,909$1,103,384$2,454,014
64$2,888,751$1,394,336$1,107,090$2,645,799
65$3,149,099$1,428,354$1,109,873$2,855,672
66$3,434,921$1,462,958$1,111,668$3,085,446
67$3,748,784$1,498,144$1,112,410$3,337,118
68$4,093,510$1,533,903$1,112,026$3,612,886
69$4,472,212$1,570,229$1,110,443$3,915,175
70$4,888,319$1,607,111$1,107,584$4,246,655
71$5,345,607$1,644,539$1,103,367$4,610,269
72$5,848,237$1,682,499$1,097,708$5,009,257
73$6,400,792$1,720,976$1,090,516$5,447,193
74$7,008,323$1,759,954$1,081,699$5,928,012
75$7,676,393$1,799,414$1,071,157$6,456,051
76$8,411,134$1,839,333$1,058,789$7,036,089
77$9,219,298$1,879,689$1,044,487$7,673,393
78$10,108,326$1,920,454$1,028,137$8,373,765
79$11,086,419$1,961,600$1,009,623$9,143,600
80$12,162,609$2,003,093$988,821$9,989,942
81$13,346,849$2,044,899$965,601$10,920,558
82$14,650,107$2,086,978$939,828$11,944,004
83$16,084,467$2,129,289$911,361$13,069,707
84$17,663,243$2,171,784$880,052$14,308,059
85$19,401,106$2,214,414$845,746$15,670,508
86$21,314,221$2,257,123$808,281$17,169,673
87$23,420,402$2,299,853$767,489$18,819,457
88$25,739,276$2,342,538$723,192$20,635,184
89$28,292,469$2,385,110$675,206$22,633,738
90$31,103,814$2,427,493$623,338$24,833,728
91$34,199,569$2,469,606$567,386$27,255,658
92$37,608,671$2,511,363$507,140$29,922,126
93$41,363,005$2,552,669$442,378$32,858,035
94$45,497,705$2,593,424$372,872$36,090,827
95$50,051,489$2,633,520$298,381$39,650,745
96$55,067,019$2,672,840$218,655$43,571,116
97$60,591,307$2,711,261$133,432$47,888,667
98$66,676,157$2,748,649$42,438$52,643,872
99$73,378,655$2,784,863$0$57,881,333
100$80,761,705$2,819,749$0$63,657,788