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%19%
1 years$81,258$80,534$79,828$79,139$78,466$75,621
2 years$40,227$39,477$38,751$38,047$37,365$34,530
3 years$26,551$25,799$25,075$24,377$23,706$20,970
4 years$19,715$18,965$18,248$17,562$16,907$14,292
5 years$15,614$14,869$14,161$13,490$12,852$10,364
6 years$12,881$12,141$11,444$10,788$10,170$7,810
7 years$10,930$10,196$9,510$8,869$8,271$6,039
8 years$9,467$8,740$8,065$7,440$6,861$4,755
9 years$8,330$7,610$6,947$6,337$5,778$3,796
10 years$7,421$6,708$6,056$5,463$4,923$3,060
11 years$6,678$5,972$5,332$4,754$4,234$2,487
12 years$6,059$5,360$4,732$4,170$3,669$2,034
13 years$5,535$4,844$4,228$3,682$3,200$1,671
14 years$5,087$4,403$3,799$3,268$2,805$1,379
15 years$4,699$4,022$3,430$2,915$2,470$1,141
16 years$4,359$3,690$3,109$2,610$2,183$947
17 years$4,060$3,398$2,829$2,345$1,935$788
18 years$3,795$3,140$2,583$2,113$1,721$656
19 years$3,558$2,910$2,365$1,909$1,534$547
20 years$3,344$2,704$2,170$1,729$1,370$457
21 years$3,152$2,519$1,996$1,569$1,226$382
22 years$2,977$2,351$1,840$1,427$1,099$320
23 years$2,817$2,199$1,699$1,300$986$268
24 years$2,671$2,061$1,571$1,185$887$224
25 years$2,537$1,934$1,455$1,083$798$188
26 years$2,413$1,817$1,349$990$719$158
27 years$2,299$1,710$1,253$906$648$132
28 years$2,193$1,612$1,165$830$585$111
29 years$2,095$1,520$1,084$761$528$93
30 years$2,003$1,436$1,010$699$477$78
31 years$1,917$1,357$941$642$431$66
32 years$1,837$1,284$878$590$390$55
33 years$1,762$1,216$820$542$353$46
34 years$1,692$1,153$766$499$320$39
35 years$1,625$1,093$716$459$290$33
36 years$1,563$1,038$670$423$262$27
37 years$1,504$986$627$390$238$23
38 years$1,448$937$587$359$216$19
39 years$1,395$891$550$331$195$16
40 years$1,345$847$516$305$177$14
41 years$1,298$807$484$282$161$11
42 years$1,253$768$454$260$146$10
43 years$1,210$732$426$240$132$8
44 years$1,169$698$400$222$120$7
45 years$1,130$665$375$205$109$6
46 years$1,093$635$352$189$99$5
47 years$1,058$606$331$175$90$4
48 years$1,024$578$311$161$82$3
49 years$992$552$292$149$74$3
50 years$961$528$275$138$67$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $984,000, adding $5,265 every year, while hoping to spend $24,764 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: 89/6/5 Blend
51$984,000$984,000$984,000$984,000
52$1,089,799$1,037,647$1,022,395$1,186,477
53$1,174,610$1,062,143$1,030,296$1,274,639
54$1,267,241$1,087,009$1,037,633$1,367,513
55$1,368,465$1,112,238$1,044,358$1,468,809
56$1,479,130$1,137,820$1,050,427$1,579,355
57$1,600,173$1,163,744$1,055,787$1,700,067
58$1,732,622$1,189,999$1,060,387$1,831,950
59$1,877,612$1,216,571$1,064,173$1,976,114
60$2,036,391$1,243,446$1,067,085$2,133,779
61$2,210,334$1,270,606$1,069,064$2,306,289
62$2,400,956$1,298,033$1,070,045$2,495,125
63$2,609,924$1,325,707$1,069,962$2,701,919
64$2,839,075$1,353,606$1,068,745$2,928,467
65$3,090,432$1,381,704$1,066,319$3,176,747
66$3,366,223$1,409,974$1,062,608$3,448,940
67$3,668,902$1,438,388$1,057,530$3,747,446
68$4,001,174$1,466,913$1,051,001$4,074,912
69$4,366,016$1,495,513$1,042,931$4,434,251
70$4,766,708$1,524,152$1,033,228$4,828,673
71$5,206,865$1,552,788$1,021,794$5,261,716
72$5,690,467$1,581,377$1,008,526$5,737,275
73$6,221,901$1,609,870$993,318$6,259,645
74$6,805,998$1,638,217$976,056$6,833,554
75$7,448,080$1,666,360$956,625$7,464,215
76$8,154,013$1,694,240$934,900$8,157,368
77$8,930,257$1,721,793$910,754$8,919,341
78$9,783,930$1,748,948$884,052$9,757,103
79$10,722,877$1,775,632$854,653$10,678,335
80$11,755,737$1,801,764$822,411$11,691,500
81$12,892,031$1,827,260$787,171$12,805,921
82$14,142,249$1,852,026$748,772$14,031,873
83$15,517,949$1,875,967$707,046$15,380,677
84$17,031,866$1,898,975$661,819$16,864,809
85$18,698,032$1,920,941$612,905$18,498,013
86$20,531,908$1,941,743$560,114$20,295,437
87$22,550,529$1,961,255$503,244$22,273,770
88$24,772,667$1,979,341$442,087$24,451,404
89$27,219,006$1,995,855$376,424$26,848,605
90$29,912,337$2,010,644$306,026$29,487,704
91$32,877,772$2,023,543$230,655$32,393,310
92$36,142,985$2,034,376$150,062$35,592,540
93$39,738,467$2,042,959$63,987$39,115,275
94$43,697,819$2,049,092$0$42,994,442
95$48,058,064$2,052,565$0$47,267,815
96$52,860,002$2,053,156$0$51,977,629
97$58,148,587$2,050,625$0$57,164,547
98$63,973,359$2,044,722$0$62,877,137
99$70,388,907$2,035,179$0$69,168,924
100$77,455,384$2,021,711$0$76,098,887