Can I retire at age 52 with 982,000?

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 $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%14.3%
1 years$81,093$80,370$79,666$78,978$78,306$76,914
2 years$40,145$39,397$38,673$37,970$37,289$35,891
3 years$26,497$25,747$25,024$24,328$23,657$22,297
4 years$19,675$18,926$18,211$17,527$16,873$15,561
5 years$15,583$14,839$14,132$13,462$12,826$11,567
6 years$12,855$12,117$11,421$10,766$10,149$8,943
7 years$10,908$10,176$9,491$8,851$8,254$7,102
8 years$9,448$8,722$8,049$7,425$6,847$5,749
9 years$8,313$7,594$6,933$6,325$5,767$4,721
10 years$7,406$6,694$6,044$5,452$4,913$3,920
11 years$6,664$5,959$5,321$4,745$4,226$3,283
12 years$6,046$5,349$4,722$4,162$3,662$2,769
13 years$5,524$4,834$4,219$3,674$3,193$2,348
14 years$5,077$4,394$3,791$3,262$2,799$2,001
15 years$4,689$4,014$3,423$2,909$2,465$1,712
16 years$4,351$3,683$3,103$2,604$2,178$1,469
17 years$4,052$3,392$2,824$2,340$1,931$1,264
18 years$3,787$3,134$2,578$2,109$1,717$1,090
19 years$3,550$2,904$2,360$1,906$1,531$942
20 years$3,338$2,699$2,166$1,726$1,367$816
21 years$3,145$2,514$1,992$1,566$1,223$707
22 years$2,971$2,347$1,836$1,424$1,097$614
23 years$2,811$2,195$1,695$1,297$984$533
24 years$2,666$2,056$1,568$1,183$885$464
25 years$2,532$1,930$1,452$1,080$796$403
26 years$2,408$1,814$1,347$988$717$351
27 years$2,294$1,707$1,251$904$647$306
28 years$2,189$1,608$1,163$828$583$267
29 years$2,090$1,517$1,082$760$527$233
30 years$1,999$1,433$1,008$697$476$203
31 years$1,913$1,355$939$640$430$177
32 years$1,834$1,282$877$588$389$155
33 years$1,759$1,214$818$541$352$135
34 years$1,688$1,150$765$498$319$118
35 years$1,622$1,091$715$458$289$103
36 years$1,560$1,036$669$422$262$90
37 years$1,501$984$626$389$237$79
38 years$1,445$935$586$358$215$69
39 years$1,392$889$549$331$195$60
40 years$1,343$846$515$305$177$53
41 years$1,295$805$483$281$161$46
42 years$1,250$767$453$260$146$40
43 years$1,207$731$425$240$132$35
44 years$1,167$696$399$221$120$31
45 years$1,128$664$374$204$109$27
46 years$1,091$633$352$189$99$24
47 years$1,056$605$330$174$90$21
48 years$1,022$577$311$161$82$18
49 years$990$551$292$149$74$16
50 years$959$526$274$138$67$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $982,000, adding $2,828 every year, while hoping to spend $37,073 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: 39/47/14 Blend
51$982,000$982,000$982,000$982,000
52$1,085,081$1,033,035$1,017,814$1,122,734
53$1,156,314$1,044,208$1,012,465$1,160,943
54$1,233,570$1,054,687$1,005,695$1,198,416
55$1,317,425$1,064,397$997,416$1,238,131
56$1,408,510$1,073,261$987,538$1,280,308
57$1,507,523$1,081,195$975,965$1,325,192
58$1,615,228$1,088,112$962,598$1,373,052
59$1,732,469$1,093,916$947,332$1,424,191
60$1,860,171$1,098,509$930,058$1,478,940
61$1,999,355$1,101,782$910,662$1,537,671
62$2,151,144$1,103,624$889,023$1,600,791
63$2,316,772$1,103,913$865,017$1,668,754
64$2,497,600$1,102,522$838,513$1,742,064
65$2,695,125$1,099,315$809,372$1,821,277
66$2,910,994$1,094,148$777,453$1,907,009
67$3,147,023$1,086,869$742,605$1,999,944
68$3,405,208$1,077,314$704,672$2,100,837
69$3,687,750$1,065,313$663,489$2,210,526
70$3,997,071$1,050,684$618,885$2,329,937
71$4,335,836$1,033,232$570,683$2,460,095
72$4,706,985$1,012,753$518,694$2,602,135
73$5,113,750$989,031$462,723$2,757,312
74$5,559,696$961,837$402,567$2,927,015
75$6,048,744$930,926$338,013$3,112,779
76$6,585,218$896,043$268,838$3,316,303
77$7,173,876$856,915$194,809$3,539,465
78$7,819,961$813,254$115,685$3,784,341
79$8,529,249$764,755$31,213$4,053,228
80$9,308,102$711,097$0$4,348,661
81$10,163,527$651,940$0$4,682,250
82$11,103,244$586,922$0$5,053,838
83$12,135,758$515,665$0$5,462,224
84$13,270,438$437,765$0$5,911,236
85$14,517,605$352,798$0$6,405,102
86$15,888,632$260,316$0$6,948,487
87$17,396,045$159,844$0$7,546,540
88$19,053,648$50,883$0$8,204,948
89$20,876,647$0$0$8,929,986
90$22,881,798$0$0$9,763,279
91$25,087,559$0$0$10,709,039
92$27,514,271$0$0$11,749,689
93$30,184,341$0$0$12,894,857
94$33,122,464$0$0$14,155,153
95$36,355,843$0$0$15,542,268
96$39,914,455$0$0$17,069,082
97$43,831,331$0$0$18,749,789
98$48,142,865$0$0$20,600,026
99$52,889,159$0$0$22,637,028
100$58,114,400$0$0$24,879,781