Can I retire at age 52 with 984,000?

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 $984,000?

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$81,258$80,534$79,828$79,139$78,466$75,863
2 years$40,227$39,477$38,751$38,047$37,365$34,768
3 years$26,551$25,799$25,075$24,377$23,706$21,196
4 years$19,715$18,965$18,248$17,562$16,907$14,504
5 years$15,614$14,869$14,161$13,490$12,852$10,562
6 years$12,881$12,141$11,444$10,788$10,170$7,994
7 years$10,930$10,196$9,510$8,869$8,271$6,210
8 years$9,467$8,740$8,065$7,440$6,861$4,913
9 years$8,330$7,610$6,947$6,337$5,778$3,941
10 years$7,421$6,708$6,056$5,463$4,923$3,194
11 years$6,678$5,972$5,332$4,754$4,234$2,609
12 years$6,059$5,360$4,732$4,170$3,669$2,145
13 years$5,535$4,844$4,228$3,682$3,200$1,772
14 years$5,087$4,403$3,799$3,268$2,805$1,470
15 years$4,699$4,022$3,430$2,915$2,470$1,224
16 years$4,359$3,690$3,109$2,610$2,183$1,021
17 years$4,060$3,398$2,829$2,345$1,935$854
18 years$3,795$3,140$2,583$2,113$1,721$716
19 years$3,558$2,910$2,365$1,909$1,534$601
20 years$3,344$2,704$2,170$1,729$1,370$505
21 years$3,152$2,519$1,996$1,569$1,226$425
22 years$2,977$2,351$1,840$1,427$1,099$358
23 years$2,817$2,199$1,699$1,300$986$301
24 years$2,671$2,061$1,571$1,185$887$254
25 years$2,537$1,934$1,455$1,083$798$214
26 years$2,413$1,817$1,349$990$719$181
27 years$2,299$1,710$1,253$906$648$153
28 years$2,193$1,612$1,165$830$585$129
29 years$2,095$1,520$1,084$761$528$109
30 years$2,003$1,436$1,010$699$477$92
31 years$1,917$1,357$941$642$431$78
32 years$1,837$1,284$878$590$390$66
33 years$1,762$1,216$820$542$353$56
34 years$1,692$1,153$766$499$320$47
35 years$1,625$1,093$716$459$290$40
36 years$1,563$1,038$670$423$262$34
37 years$1,504$986$627$390$238$28
38 years$1,448$937$587$359$216$24
39 years$1,395$891$550$331$195$20
40 years$1,345$847$516$305$177$17
41 years$1,298$807$484$282$161$15
42 years$1,253$768$454$260$146$12
43 years$1,210$732$426$240$132$10
44 years$1,169$698$400$222$120$9
45 years$1,130$665$375$205$109$7
46 years$1,093$635$352$189$99$6
47 years$1,058$606$331$175$90$5
48 years$1,024$578$311$161$82$5
49 years$992$552$292$149$74$4
50 years$961$528$275$138$67$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $984,000, adding $2,212 every year, while hoping to spend $56,788 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: 57/29/14 Blend
51$984,000$984,000$984,000$984,000
52$1,086,650$1,034,498$1,019,246$1,144,572
53$1,137,066$1,024,766$992,968$1,174,308
54$1,190,721$1,012,654$963,908$1,200,269
55$1,247,886$997,986$931,910$1,227,236
56$1,308,857$980,574$896,815$1,255,315
57$1,373,958$960,219$858,456$1,284,626
58$1,443,545$936,713$816,657$1,315,303
59$1,518,007$909,832$771,236$1,347,498
60$1,597,771$879,341$722,000$1,381,378
61$1,683,307$844,992$668,750$1,417,134
62$1,775,127$806,520$611,276$1,454,979
63$1,873,798$763,647$549,362$1,495,151
64$1,979,938$716,078$482,777$1,537,917
65$2,094,226$663,501$411,286$1,583,574
66$2,217,411$605,586$334,637$1,632,455
67$2,350,312$541,985$252,573$1,684,933
68$2,493,831$472,330$164,821$1,741,423
69$2,648,958$396,230$71,099$1,802,387
70$2,816,782$313,276$0$1,868,342
71$2,998,499$223,032$0$1,944,182
72$3,195,426$125,039$0$2,037,844
73$3,409,007$18,815$0$2,139,457
74$3,640,835$0$0$2,249,863
75$3,892,659$0$0$2,400,682
76$4,166,404$0$0$2,571,232
77$4,464,186$0$0$2,756,836
78$4,788,335$0$0$2,958,958
79$5,141,415$0$0$3,179,204
80$5,526,246$0$0$3,419,347
81$5,945,933$0$0$3,681,334
82$6,403,892$0$0$3,967,310
83$6,903,884$0$0$4,279,635
84$7,450,049$0$0$4,620,909
85$8,046,946$0$0$4,993,992
86$8,699,591$0$0$5,402,035
87$9,413,509$0$0$5,848,506
88$10,194,784$0$0$6,337,225
89$11,050,113$0$0$6,872,396
90$11,986,873$0$0$7,458,650
91$13,013,187$0$0$8,101,089
92$14,137,999$0$0$8,805,329
93$15,371,162$0$0$9,577,556
94$16,723,528$0$0$10,424,583
95$18,207,046$0$0$11,353,917
96$19,834,882$0$0$12,373,822
97$21,621,535$0$0$13,493,404
98$23,582,976$0$0$14,722,693
99$25,736,799$0$0$16,072,738
100$28,102,386$0$0$17,555,710