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%17%
1 years$81,093$80,370$79,666$78,978$78,306$76,074
2 years$40,145$39,397$38,673$37,970$37,289$35,057
3 years$26,497$25,747$25,024$24,328$23,657$21,496
4 years$19,675$18,926$18,211$17,527$16,873$14,799
5 years$15,583$14,839$14,132$13,462$12,826$10,845
6 years$12,855$12,117$11,421$10,766$10,149$8,263
7 years$10,908$10,176$9,491$8,851$8,254$6,462
8 years$9,448$8,722$8,049$7,425$6,847$5,149
9 years$8,313$7,594$6,933$6,325$5,767$4,161
10 years$7,406$6,694$6,044$5,452$4,913$3,397
11 years$6,664$5,959$5,321$4,745$4,226$2,797
12 years$6,046$5,349$4,722$4,162$3,662$2,318
13 years$5,524$4,834$4,219$3,674$3,193$1,931
14 years$5,077$4,394$3,791$3,262$2,799$1,615
15 years$4,689$4,014$3,423$2,909$2,465$1,356
16 years$4,351$3,683$3,103$2,604$2,178$1,141
17 years$4,052$3,392$2,824$2,340$1,931$963
18 years$3,787$3,134$2,578$2,109$1,717$814
19 years$3,550$2,904$2,360$1,906$1,531$690
20 years$3,338$2,699$2,166$1,726$1,367$585
21 years$3,145$2,514$1,992$1,566$1,223$497
22 years$2,971$2,347$1,836$1,424$1,097$422
23 years$2,811$2,195$1,695$1,297$984$359
24 years$2,666$2,056$1,568$1,183$885$306
25 years$2,532$1,930$1,452$1,080$796$260
26 years$2,408$1,814$1,347$988$717$222
27 years$2,294$1,707$1,251$904$647$189
28 years$2,189$1,608$1,163$828$583$161
29 years$2,090$1,517$1,082$760$527$138
30 years$1,999$1,433$1,008$697$476$117
31 years$1,913$1,355$939$640$430$100
32 years$1,834$1,282$877$588$389$86
33 years$1,759$1,214$818$541$352$73
34 years$1,688$1,150$765$498$319$62
35 years$1,622$1,091$715$458$289$53
36 years$1,560$1,036$669$422$262$46
37 years$1,501$984$626$389$237$39
38 years$1,445$935$586$358$215$33
39 years$1,392$889$549$331$195$28
40 years$1,343$846$515$305$177$24
41 years$1,295$805$483$281$161$21
42 years$1,250$767$453$260$146$18
43 years$1,207$731$425$240$132$15
44 years$1,167$696$399$221$120$13
45 years$1,128$664$374$204$109$11
46 years$1,091$633$352$189$99$9
47 years$1,056$605$330$174$90$8
48 years$1,022$577$311$161$82$7
49 years$990$551$292$149$74$6
50 years$959$526$274$138$67$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $982,000, adding $2,214 every year, while hoping to spend $31,264 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: 42/37/21 Blend
51$982,000$982,000$982,000$982,000
52$1,084,448$1,032,402$1,017,181$1,123,240
53$1,161,797$1,049,725$1,017,992$1,168,358
54$1,245,988$1,066,849$1,017,782$1,213,997
55$1,337,685$1,083,731$1,016,484$1,262,782
56$1,437,621$1,100,326$1,014,028$1,315,020
57$1,546,600$1,116,583$1,010,340$1,371,048
58$1,665,508$1,132,451$1,005,342$1,431,238
59$1,795,322$1,147,874$998,953$1,496,004
60$1,937,115$1,162,789$991,087$1,565,799
61$2,092,068$1,177,134$981,657$1,641,127
62$2,261,484$1,190,838$970,567$1,722,543
63$2,446,795$1,203,829$957,721$1,810,661
64$2,649,580$1,216,028$943,016$1,906,157
65$2,871,574$1,227,350$926,344$2,009,782
66$3,114,691$1,237,707$907,593$2,122,360
67$3,381,038$1,247,003$886,646$2,244,804
68$3,672,935$1,255,137$863,380$2,378,123
69$3,992,937$1,262,002$837,665$2,523,430
70$4,343,858$1,267,481$809,369$2,681,953
71$4,728,797$1,271,454$778,349$2,855,048
72$5,151,170$1,273,790$744,458$3,044,215
73$5,614,735$1,274,352$707,543$3,251,106
74$6,123,636$1,272,993$667,444$3,477,548
75$6,682,434$1,269,557$623,991$3,725,555
76$7,296,157$1,263,880$577,009$3,997,351
77$7,970,342$1,255,787$526,316$4,295,392
78$8,711,087$1,245,091$471,718$4,622,388
79$9,525,114$1,231,596$413,016$4,981,328
80$10,419,824$1,215,092$350,000$5,375,514
81$11,403,373$1,195,360$282,453$5,808,585
82$12,484,748$1,172,163$210,146$6,284,562
83$13,673,847$1,145,254$132,841$6,807,878
84$14,981,578$1,114,369$50,289$7,383,425
85$16,419,956$1,079,231$0$8,016,600
86$18,002,222$1,039,543$0$8,721,831
87$19,742,963$994,996$0$9,509,791
88$21,658,253$945,257$0$10,376,510
89$23,765,799$889,979$0$11,330,049
90$26,085,114$828,792$0$12,379,296
91$28,637,699$761,306$0$13,534,048
92$31,447,242$687,108$0$14,805,111
93$34,539,846$605,762$0$16,204,396
94$37,944,273$516,807$0$17,745,035
95$41,692,214$419,756$0$19,441,507
96$45,818,591$314,095$0$21,309,774
97$50,361,882$199,280$0$23,367,435
98$55,364,487$74,737$0$25,633,891
99$60,873,127$0$0$28,130,530
100$66,939,284$0$0$30,905,417