Can I retire at age 52 with 985,000?

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 $985,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$81,340$80,616$79,909$79,219$78,545$77,822
2 years$40,268$39,518$38,791$38,086$37,403$36,674
3 years$26,578$25,825$25,100$24,402$23,730$23,018
4 years$19,735$18,984$18,267$17,580$16,924$16,235
5 years$15,630$14,884$14,176$13,503$12,866$12,201
6 years$12,895$12,154$11,456$10,799$10,180$9,541
7 years$10,941$10,207$9,520$8,878$8,279$7,666
8 years$9,477$8,749$8,074$7,448$6,868$6,281
9 years$8,339$7,618$6,954$6,344$5,784$5,222
10 years$7,429$6,715$6,063$5,468$4,928$4,392
11 years$6,684$5,978$5,337$4,759$4,239$3,727
12 years$6,065$5,365$4,737$4,174$3,673$3,186
13 years$5,541$4,849$4,232$3,685$3,203$2,739
14 years$5,092$4,407$3,802$3,271$2,808$2,367
15 years$4,704$4,026$3,433$2,918$2,472$2,054
16 years$4,364$3,694$3,113$2,612$2,185$1,789
17 years$4,065$3,402$2,832$2,347$1,937$1,562
18 years$3,799$3,143$2,586$2,115$1,723$1,368
19 years$3,561$2,913$2,367$1,911$1,535$1,200
20 years$3,348$2,707$2,172$1,731$1,371$1,055
21 years$3,155$2,522$1,998$1,571$1,227$929
22 years$2,980$2,354$1,842$1,428$1,100$820
23 years$2,820$2,202$1,700$1,301$987$724
24 years$2,674$2,063$1,573$1,187$888$640
25 years$2,539$1,936$1,456$1,084$799$566
26 years$2,416$1,819$1,351$991$719$501
27 years$2,301$1,712$1,254$907$649$444
28 years$2,195$1,613$1,166$831$585$394
29 years$2,097$1,522$1,085$762$528$349
30 years$2,005$1,437$1,011$699$477$310
31 years$1,919$1,359$942$642$432$275
32 years$1,839$1,286$879$590$391$245
33 years$1,764$1,218$821$543$353$218
34 years$1,693$1,154$767$499$320$193
35 years$1,627$1,095$717$460$290$172
36 years$1,564$1,039$671$423$263$153
37 years$1,505$987$628$390$238$136
38 years$1,450$938$588$360$216$121
39 years$1,397$892$551$332$196$108
40 years$1,347$848$516$306$177$96
41 years$1,299$808$484$282$161$85
42 years$1,254$769$454$260$146$76
43 years$1,211$733$426$240$133$68
44 years$1,170$698$400$222$120$60
45 years$1,131$666$376$205$109$54
46 years$1,094$635$353$189$99$48
47 years$1,059$606$331$175$90$43
48 years$1,025$579$311$162$82$38
49 years$993$553$293$149$74$34
50 years$962$528$275$138$67$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $985,000, adding $2,795 every year, while hoping to spend $55,056 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: 51/40/9 Blend
51$985,000$985,000$985,000$985,000
52$1,088,353$1,036,148$1,020,881$1,141,186
53$1,140,786$1,028,340$996,501$1,169,698
54$1,196,722$1,018,304$969,459$1,194,546
55$1,256,459$1,005,874$939,608$1,220,269
56$1,320,327$990,870$906,794$1,246,963
57$1,388,684$973,107$870,856$1,274,736
58$1,461,925$952,384$831,624$1,303,710
59$1,540,481$928,490$788,923$1,334,024
60$1,624,828$901,204$742,570$1,365,833
61$1,715,485$870,288$692,370$1,399,314
62$1,813,024$835,491$638,125$1,434,663
63$1,918,073$796,551$579,622$1,472,104
64$2,031,321$753,186$516,644$1,511,885
65$2,153,524$705,101$448,960$1,554,288
66$2,285,516$651,983$376,332$1,599,625
67$2,428,208$593,500$298,509$1,648,249
68$2,582,607$529,303$215,231$1,700,554
69$2,749,816$459,022$126,224$1,756,979
70$2,931,050$382,267$31,205$1,818,017
71$3,127,643$298,624$0$1,884,218
72$3,341,064$207,658$0$1,962,937
73$3,572,927$108,908$0$2,051,752
74$3,825,010$1,888$0$2,148,459
75$4,099,265$0$0$2,253,940
76$4,397,844$0$0$2,419,317
77$4,723,112$0$0$2,600,475
78$5,077,674$0$0$2,798,045
79$5,464,394$0$0$3,013,634
80$5,886,426$0$0$3,249,015
81$6,347,243$0$0$3,506,136
82$6,850,665$0$0$3,787,143
83$7,400,901$0$0$4,094,400
84$8,002,582$0$0$4,430,508
85$8,660,809$0$0$4,798,331
86$9,381,196$0$0$5,201,022
87$10,169,928$0$0$5,642,057
88$11,033,814$0$0$6,125,258
89$11,980,353$0$0$6,654,839
90$13,017,802$0$0$7,235,438
91$14,155,259$0$0$7,872,165
92$15,402,740$0$0$8,570,648
93$16,771,279$0$0$9,337,085
94$18,273,028$0$0$10,178,304
95$19,921,375$0$0$11,101,826
96$21,731,066$0$0$12,115,935
97$23,718,342$0$0$13,229,757
98$25,901,098$0$0$14,453,346
99$28,299,045$0$0$15,797,777
100$30,933,897$0$0$17,275,251