Can I retire at age 52 with 983,000?

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 $983,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$81,175$80,452$79,747$79,058$78,386$76,305
2 years$40,186$39,437$38,712$38,009$37,327$35,245
3 years$26,524$25,773$25,049$24,353$23,682$21,664
4 years$19,695$18,946$18,229$17,545$16,890$14,952
5 years$15,599$14,854$14,147$13,476$12,839$10,986
6 years$12,868$12,129$11,433$10,777$10,159$8,393
7 years$10,919$10,186$9,501$8,860$8,262$6,583
8 years$9,458$8,731$8,057$7,433$6,854$5,261
9 years$8,322$7,602$6,940$6,331$5,772$4,263
10 years$7,413$6,701$6,050$5,457$4,918$3,492
11 years$6,671$5,965$5,327$4,750$4,230$2,884
12 years$6,052$5,354$4,727$4,166$3,666$2,398
13 years$5,530$4,839$4,223$3,678$3,196$2,004
14 years$5,082$4,398$3,795$3,265$2,802$1,682
15 years$4,694$4,018$3,426$2,912$2,467$1,417
16 years$4,355$3,686$3,106$2,607$2,180$1,198
17 years$4,056$3,395$2,827$2,342$1,933$1,014
18 years$3,791$3,137$2,580$2,111$1,719$861
19 years$3,554$2,907$2,362$1,907$1,532$732
20 years$3,341$2,702$2,168$1,728$1,369$623
21 years$3,148$2,517$1,994$1,568$1,225$531
22 years$2,974$2,349$1,838$1,426$1,098$453
23 years$2,814$2,197$1,697$1,298$985$387
24 years$2,668$2,059$1,569$1,184$886$331
25 years$2,534$1,932$1,454$1,081$797$283
26 years$2,411$1,816$1,348$989$718$242
27 years$2,297$1,709$1,252$905$647$207
28 years$2,191$1,610$1,164$829$584$177
29 years$2,093$1,519$1,083$760$527$152
30 years$2,001$1,434$1,009$698$477$130
31 years$1,915$1,356$940$641$431$112
32 years$1,835$1,283$877$589$390$96
33 years$1,760$1,215$819$542$353$82
34 years$1,690$1,152$765$498$319$70
35 years$1,624$1,092$716$459$289$60
36 years$1,561$1,037$669$423$262$52
37 years$1,502$985$627$389$238$44
38 years$1,447$936$587$359$215$38
39 years$1,394$890$550$331$195$33
40 years$1,344$847$515$305$177$28
41 years$1,297$806$483$282$161$24
42 years$1,252$768$453$260$146$21
43 years$1,209$731$425$240$132$18
44 years$1,168$697$399$221$120$15
45 years$1,129$665$375$205$109$13
46 years$1,092$634$352$189$99$11
47 years$1,057$605$331$175$90$10
48 years$1,023$578$311$161$82$8
49 years$991$552$292$149$74$7
50 years$960$527$275$138$67$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $983,000, adding $4,276 every year, while hoping to spend $40,189 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: 39/39/22 Blend
51$983,000$983,000$983,000$983,000
52$1,087,677$1,035,578$1,020,341$1,122,830
53$1,155,859$1,043,560$1,011,762$1,156,574
54$1,229,649$1,050,587$1,001,548$1,188,929
55$1,309,576$1,056,569$989,603$1,223,103
56$1,396,222$1,061,410$975,824$1,259,285
57$1,490,228$1,065,011$960,106$1,297,684
58$1,592,298$1,067,263$942,336$1,338,533
59$1,703,206$1,068,052$922,398$1,382,093
60$1,823,804$1,067,258$900,169$1,428,652
61$1,955,030$1,064,751$875,522$1,478,532
62$2,097,914$1,060,395$848,324$1,532,089
63$2,253,592$1,054,045$818,433$1,589,720
64$2,423,313$1,045,547$785,705$1,651,866
65$2,608,450$1,034,739$749,985$1,719,016
66$2,810,517$1,021,446$711,115$1,791,714
67$3,031,179$1,005,486$668,926$1,870,562
68$3,272,269$986,665$623,245$1,956,229
69$3,535,805$964,776$573,889$2,049,457
70$3,824,010$939,603$520,667$2,151,068
71$4,139,330$910,914$463,380$2,261,975
72$4,484,458$878,465$401,819$2,383,188
73$4,862,361$841,998$335,769$2,515,828
74$5,276,306$801,240$265,001$2,661,134
75$5,729,889$755,901$189,279$2,820,480
76$6,227,073$705,676$108,355$2,995,389
77$6,772,221$650,241$21,972$3,187,545
78$7,370,139$589,253$0$3,398,812
79$8,026,120$522,353$0$3,647,736
80$8,745,993$449,158$0$3,926,692
81$9,536,182$369,265$0$4,233,113
82$10,403,761$282,246$0$4,569,863
83$11,356,521$187,653$0$4,940,108
84$12,403,048$85,009$0$5,347,342
85$13,552,797$0$0$5,795,422
86$14,816,187$0$0$6,299,847
87$16,204,694$0$0$6,894,462
88$17,730,963$0$0$7,548,217
89$19,408,922$0$0$8,267,097
90$21,253,920$0$0$9,057,694
91$23,282,864$0$0$9,927,274
92$25,514,384$0$0$10,883,841
93$27,969,003$0$0$11,936,212
94$30,669,336$0$0$13,094,106
95$33,640,299$0$0$14,368,227
96$36,909,346$0$0$15,770,372
97$40,506,724$0$0$17,313,539
98$44,465,762$0$0$19,012,048
99$48,823,183$0$0$20,881,679
100$53,619,452$0$0$22,939,821