Can I retire at age 52 with 981,000?

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 $981,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$81,010$80,288$79,584$78,897$78,226$76,584
2 years$40,104$39,357$38,633$37,931$37,251$35,604
3 years$26,470$25,720$24,998$24,303$23,633$22,034
4 years$19,655$18,907$18,192$17,509$16,855$15,315
5 years$15,567$14,823$14,118$13,449$12,813$11,336
6 years$12,842$12,104$11,409$10,755$10,139$8,727
7 years$10,897$10,165$9,481$8,842$8,245$6,899
8 years$9,438$8,714$8,041$7,418$6,840$5,559
9 years$8,305$7,587$6,926$6,318$5,761$4,543
10 years$7,398$6,687$6,038$5,446$4,908$3,754
11 years$6,657$5,953$5,316$4,740$4,221$3,128
12 years$6,040$5,343$4,718$4,157$3,658$2,624
13 years$5,518$4,829$4,215$3,670$3,190$2,214
14 years$5,071$4,389$3,787$3,258$2,796$1,877
15 years$4,684$4,010$3,419$2,906$2,462$1,596
16 years$4,346$3,679$3,100$2,602$2,176$1,362
17 years$4,048$3,388$2,821$2,338$1,929$1,166
18 years$3,783$3,131$2,575$2,107$1,716$999
19 years$3,547$2,902$2,357$1,904$1,529$859
20 years$3,334$2,696$2,163$1,724$1,366$739
21 years$3,142$2,511$1,990$1,565$1,222$637
22 years$2,968$2,344$1,834$1,423$1,096$549
23 years$2,808$2,193$1,693$1,296$983$474
24 years$2,663$2,054$1,566$1,182$884$410
25 years$2,529$1,928$1,451$1,079$795$354
26 years$2,406$1,812$1,345$987$716$307
27 years$2,292$1,705$1,249$903$646$265
28 years$2,186$1,607$1,161$828$583$230
29 years$2,088$1,516$1,081$759$526$199
30 years$1,997$1,432$1,007$696$476$173
31 years$1,912$1,353$938$640$430$150
32 years$1,832$1,280$876$588$389$130
33 years$1,757$1,213$818$541$352$113
34 years$1,687$1,149$764$497$319$98
35 years$1,620$1,090$714$458$289$85
36 years$1,558$1,035$668$422$262$74
37 years$1,499$983$625$389$237$64
38 years$1,444$934$586$358$215$56
39 years$1,391$888$549$330$195$48
40 years$1,341$845$514$305$177$42
41 years$1,294$804$482$281$160$36
42 years$1,249$766$452$259$146$32
43 years$1,206$730$424$239$132$27
44 years$1,166$696$398$221$120$24
45 years$1,127$663$374$204$109$21
46 years$1,090$633$351$189$99$18
47 years$1,055$604$330$174$90$16
48 years$1,021$577$310$161$81$14
49 years$989$551$292$149$74$12
50 years$958$526$274$138$67$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $981,000, adding $3,424 every year, while hoping to spend $35,019 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: 42/28/30 Blend
51$981,000$981,000$981,000$981,000
52$1,084,594$1,032,601$1,017,395$1,120,497
53$1,157,962$1,045,938$1,014,218$1,160,105
54$1,237,641$1,058,756$1,009,761$1,199,444
55$1,324,236$1,070,990$1,003,944$1,241,394
56$1,418,415$1,082,576$996,683$1,286,219
57$1,520,912$1,093,441$987,890$1,334,210
58$1,632,535$1,103,510$977,475$1,385,690
59$1,754,173$1,112,701$965,339$1,441,017
60$1,886,805$1,120,929$951,384$1,500,588
61$2,031,507$1,128,102$935,503$1,564,842
62$2,189,464$1,134,122$917,586$1,634,264
63$2,361,981$1,138,886$897,517$1,709,392
64$2,550,494$1,142,283$875,175$1,790,821
65$2,756,585$1,144,195$850,433$1,879,208
66$2,981,994$1,144,498$823,160$1,975,283
67$3,228,638$1,143,060$793,217$2,079,851
68$3,498,628$1,139,739$760,459$2,193,801
69$3,794,288$1,134,386$724,735$2,318,121
70$4,118,178$1,126,843$685,886$2,453,898
71$4,473,116$1,116,943$643,747$2,602,337
72$4,862,207$1,104,506$598,145$2,764,768
73$5,288,869$1,089,343$548,900$2,942,663
74$5,756,868$1,071,256$495,823$3,137,648
75$6,270,352$1,050,031$438,716$3,351,519
76$6,833,890$1,025,443$377,374$3,586,261
77$7,452,512$997,256$311,582$3,844,066
78$8,131,764$965,217$241,116$4,127,356
79$8,877,751$929,060$165,740$4,438,808
80$9,697,200$888,502$85,211$4,781,376
81$10,597,521$843,245$0$5,158,323
82$11,586,877$792,974$0$5,573,486
83$12,674,263$737,354$0$6,059,733
84$13,869,587$676,033$0$6,594,240
85$15,183,763$608,637$0$7,181,951
86$16,628,820$534,773$0$7,828,315
87$18,218,006$454,023$0$8,539,341
88$19,965,919$365,947$0$9,321,655
89$21,888,645$270,081$0$10,182,566
90$24,003,904$165,932$0$11,130,129
91$26,331,222$52,983$0$12,173,229
92$28,892,113$0$0$13,321,662
93$31,710,280$0$0$14,607,585
94$34,811,842$0$0$16,040,932
95$38,225,578$0$0$17,618,697
96$41,983,196$0$0$19,355,553
97$46,119,638$0$0$21,267,672
98$50,673,404$0$0$23,372,869
99$55,686,914$0$0$25,690,776
100$61,206,914$0$0$28,243,028