Can I retire at age 52 with 981,000?

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 $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%18.8%
1 years$81,010$80,288$79,584$78,897$78,226$75,451
2 years$40,104$39,357$38,633$37,931$37,251$34,484
3 years$26,470$25,720$24,998$24,303$23,633$20,962
4 years$19,655$18,907$18,192$17,509$16,855$14,301
5 years$15,567$14,823$14,118$13,449$12,813$10,381
6 years$12,842$12,104$11,409$10,755$10,139$7,831
7 years$10,897$10,165$9,481$8,842$8,245$6,062
8 years$9,438$8,714$8,041$7,418$6,840$4,780
9 years$8,305$7,587$6,926$6,318$5,761$3,820
10 years$7,398$6,687$6,038$5,446$4,908$3,084
11 years$6,657$5,953$5,316$4,740$4,221$2,509
12 years$6,040$5,343$4,718$4,157$3,658$2,055
13 years$5,518$4,829$4,215$3,670$3,190$1,691
14 years$5,071$4,389$3,787$3,258$2,796$1,397
15 years$4,684$4,010$3,419$2,906$2,462$1,158
16 years$4,346$3,679$3,100$2,602$2,176$962
17 years$4,048$3,388$2,821$2,338$1,929$801
18 years$3,783$3,131$2,575$2,107$1,716$669
19 years$3,547$2,902$2,357$1,904$1,529$559
20 years$3,334$2,696$2,163$1,724$1,366$467
21 years$3,142$2,511$1,990$1,565$1,222$391
22 years$2,968$2,344$1,834$1,423$1,096$328
23 years$2,808$2,193$1,693$1,296$983$275
24 years$2,663$2,054$1,566$1,182$884$231
25 years$2,529$1,928$1,451$1,079$795$194
26 years$2,406$1,812$1,345$987$716$163
27 years$2,292$1,705$1,249$903$646$137
28 years$2,186$1,607$1,161$828$583$115
29 years$2,088$1,516$1,081$759$526$97
30 years$1,997$1,432$1,007$696$476$81
31 years$1,912$1,353$938$640$430$68
32 years$1,832$1,280$876$588$389$57
33 years$1,757$1,213$818$541$352$48
34 years$1,687$1,149$764$497$319$41
35 years$1,620$1,090$714$458$289$34
36 years$1,558$1,035$668$422$262$29
37 years$1,499$983$625$389$237$24
38 years$1,444$934$586$358$215$20
39 years$1,391$888$549$330$195$17
40 years$1,341$845$514$305$177$14
41 years$1,294$804$482$281$160$12
42 years$1,249$766$452$259$146$10
43 years$1,206$730$424$239$132$9
44 years$1,166$696$398$221$120$7
45 years$1,127$663$374$204$109$6
46 years$1,090$633$351$189$99$5
47 years$1,055$604$330$174$90$4
48 years$1,021$577$310$161$81$4
49 years$989$551$292$149$74$3
50 years$958$526$274$138$67$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $981,000, adding $5,886 every year, while hoping to spend $24,746 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: 43/44/13 Blend
51$981,000$981,000$981,000$981,000
52$1,087,133$1,035,140$1,019,935$1,129,538
53$1,171,691$1,059,533$1,027,773$1,184,179
54$1,264,045$1,084,291$1,035,045$1,240,404
55$1,364,963$1,109,407$1,041,704$1,300,772
56$1,475,293$1,134,871$1,047,704$1,365,674
57$1,595,965$1,160,672$1,052,995$1,435,539
58$1,728,008$1,186,799$1,057,525$1,510,842
59$1,872,550$1,213,238$1,061,237$1,592,104
60$2,030,836$1,239,973$1,064,075$1,679,900
61$2,204,238$1,266,987$1,065,977$1,774,865
62$2,394,263$1,294,263$1,066,881$1,877,695
63$2,602,574$1,321,778$1,066,718$1,989,160
64$2,831,002$1,349,511$1,065,418$2,110,107
65$3,081,564$1,377,436$1,062,909$2,241,472
66$3,356,479$1,405,526$1,059,112$2,384,282
67$3,658,194$1,433,751$1,053,947$2,539,673
68$3,989,404$1,462,079$1,047,328$2,708,896
69$4,353,077$1,490,475$1,039,167$2,893,327
70$4,752,482$1,518,899$1,029,371$3,094,488
71$5,191,221$1,547,311$1,017,840$3,314,052
72$5,673,262$1,575,666$1,004,475$3,553,865
73$6,202,977$1,603,915$989,166$3,815,961
74$6,785,180$1,632,006$971,803$4,102,584
75$7,425,176$1,659,883$952,266$4,416,206
76$8,128,812$1,687,485$930,435$4,759,552
77$8,902,526$1,714,747$906,180$5,135,627
78$9,753,413$1,741,599$879,366$5,547,741
79$10,689,289$1,767,966$849,853$5,999,546
80$11,718,767$1,793,767$817,494$6,495,065
81$12,851,336$1,818,916$782,134$7,038,735
82$14,097,451$1,843,321$743,614$7,635,445
83$15,468,630$1,866,883$701,764$8,290,587
84$16,977,567$1,889,497$656,410$9,010,103
85$18,638,246$1,911,049$607,367$9,800,542
86$20,466,076$1,931,420$554,443$10,669,126
87$22,478,038$1,950,481$497,439$11,623,814
88$24,692,839$1,968,096$436,144$12,673,381
89$27,131,093$1,984,118$370,340$13,827,497
90$29,815,517$1,998,392$299,799$15,096,826
91$32,771,139$2,010,752$224,281$16,493,118
92$36,025,540$2,021,023$143,539$18,029,329
93$39,609,109$2,029,017$57,311$19,719,738
94$43,555,334$2,034,536$0$21,580,085
95$47,901,117$2,037,367$0$23,632,535
96$52,687,118$2,037,285$0$25,900,195
97$57,958,144$2,034,052$0$28,396,228
98$63,763,569$2,027,414$0$31,143,913
99$70,157,798$2,017,103$0$34,168,906
100$77,200,784$2,002,832$0$37,499,486