Can I retire at age 52 with 982,000?

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 $982,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$81,093$80,370$79,666$78,978$78,306$75,709
2 years$40,145$39,397$38,673$37,970$37,289$34,697
3 years$26,497$25,747$25,024$24,328$23,657$21,153
4 years$19,675$18,926$18,211$17,527$16,873$14,474
5 years$15,583$14,839$14,132$13,462$12,826$10,541
6 years$12,855$12,117$11,421$10,766$10,149$7,978
7 years$10,908$10,176$9,491$8,851$8,254$6,197
8 years$9,448$8,722$8,049$7,425$6,847$4,903
9 years$8,313$7,594$6,933$6,325$5,767$3,933
10 years$7,406$6,694$6,044$5,452$4,913$3,187
11 years$6,664$5,959$5,321$4,745$4,226$2,604
12 years$6,046$5,349$4,722$4,162$3,662$2,141
13 years$5,524$4,834$4,219$3,674$3,193$1,769
14 years$5,077$4,394$3,791$3,262$2,799$1,467
15 years$4,689$4,014$3,423$2,909$2,465$1,221
16 years$4,351$3,683$3,103$2,604$2,178$1,019
17 years$4,052$3,392$2,824$2,340$1,931$853
18 years$3,787$3,134$2,578$2,109$1,717$715
19 years$3,550$2,904$2,360$1,906$1,531$600
20 years$3,338$2,699$2,166$1,726$1,367$504
21 years$3,145$2,514$1,992$1,566$1,223$424
22 years$2,971$2,347$1,836$1,424$1,097$357
23 years$2,811$2,195$1,695$1,297$984$301
24 years$2,666$2,056$1,568$1,183$885$254
25 years$2,532$1,930$1,452$1,080$796$214
26 years$2,408$1,814$1,347$988$717$181
27 years$2,294$1,707$1,251$904$647$153
28 years$2,189$1,608$1,163$828$583$129
29 years$2,090$1,517$1,082$760$527$109
30 years$1,999$1,433$1,008$697$476$92
31 years$1,913$1,355$939$640$430$78
32 years$1,834$1,282$877$588$389$66
33 years$1,759$1,214$818$541$352$56
34 years$1,688$1,150$765$498$319$47
35 years$1,622$1,091$715$458$289$40
36 years$1,560$1,036$669$422$262$34
37 years$1,501$984$626$389$237$28
38 years$1,445$935$586$358$215$24
39 years$1,392$889$549$331$195$20
40 years$1,343$846$515$305$177$17
41 years$1,295$805$483$281$161$15
42 years$1,250$767$453$260$146$12
43 years$1,207$731$425$240$132$10
44 years$1,167$696$399$221$120$9
45 years$1,128$664$374$204$109$7
46 years$1,091$633$352$189$99$6
47 years$1,056$605$330$174$90$5
48 years$1,022$577$311$161$82$5
49 years$990$551$292$149$74$4
50 years$959$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 $982,000, adding $5,335 every year, while hoping to spend $56,045 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: 52/36/12 Blend
51$982,000$982,000$982,000$982,000
52$1,087,667$1,035,621$1,020,400$1,140,508
53$1,138,978$1,026,735$994,952$1,168,264
54$1,193,644$1,015,535$966,773$1,192,006
55$1,251,948$1,001,849$935,713$1,216,541
56$1,314,200$985,494$901,613$1,241,958
57$1,380,741$966,275$864,309$1,268,359
58$1,451,943$943,989$823,630$1,295,858
59$1,528,214$918,417$779,394$1,324,584
60$1,610,001$889,329$731,414$1,354,686
61$1,697,798$856,482$679,492$1,386,327
62$1,792,142$819,619$623,424$1,419,695
63$1,893,626$778,466$562,994$1,455,000
64$2,002,900$732,735$497,978$1,492,476
65$2,120,678$682,121$428,143$1,532,390
66$2,247,743$626,301$353,242$1,575,039
67$2,384,959$564,936$273,022$1,620,756
68$2,533,271$497,663$187,214$1,669,914
69$2,693,719$424,104$95,540$1,722,933
70$2,867,448$343,854$0$1,780,278
71$3,055,715$256,490$0$1,842,768
72$3,259,902$161,563$0$1,923,765
73$3,481,530$58,598$0$2,011,716
74$3,722,272$0$0$2,107,390
75$3,983,966$0$0$2,232,600
76$4,268,637$0$0$2,394,141
77$4,578,511$0$0$2,570,075
78$4,916,038$0$0$2,761,803
79$5,283,914$0$0$2,970,870
80$5,685,107$0$0$3,198,973
81$6,122,881$0$0$3,447,982
82$6,600,832$0$0$3,719,956
83$7,122,917$0$0$4,017,160
84$7,693,492$0$0$4,342,089
85$8,317,352$0$0$4,697,488
86$8,999,779$0$0$5,086,382
87$9,746,585$0$0$5,512,100
88$10,564,175$0$0$5,978,309
89$11,459,596$0$0$6,489,047
90$12,440,614$0$0$7,048,760
91$13,515,778$0$0$7,662,345
92$14,694,504$0$0$8,335,197
93$15,987,165$0$0$9,073,255
94$17,405,182$0$0$9,883,062
95$18,961,137$0$0$10,771,827
96$20,668,890$0$0$11,747,487
97$22,543,706$0$0$12,818,788
98$24,602,400$0$0$13,995,363
99$26,863,497$0$0$15,287,824
100$29,347,403$0$0$16,707,861