Can I retire at age 52 with 986,000?

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 $986,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$81,423$80,698$79,990$79,299$78,625$76,476
2 years$40,308$39,558$38,830$38,125$37,440$35,291
3 years$26,605$25,851$25,126$24,427$23,754$21,671
4 years$19,755$19,004$18,285$17,598$16,941$14,942
5 years$15,646$14,899$14,190$13,517$12,879$10,968
6 years$12,908$12,166$11,468$10,810$10,190$8,370
7 years$10,952$10,217$9,530$8,887$8,288$6,557
8 years$9,487$8,758$8,082$7,455$6,875$5,234
9 years$8,347$7,625$6,961$6,350$5,790$4,237
10 years$7,436$6,721$6,069$5,474$4,933$3,466
11 years$6,691$5,984$5,343$4,764$4,243$2,859
12 years$6,071$5,371$4,742$4,179$3,677$2,374
13 years$5,546$4,853$4,236$3,689$3,206$1,981
14 years$5,097$4,412$3,806$3,275$2,811$1,661
15 years$4,708$4,030$3,437$2,921$2,475$1,397
16 years$4,368$3,698$3,116$2,615$2,187$1,179
17 years$4,069$3,405$2,835$2,350$1,939$997
18 years$3,803$3,147$2,588$2,117$1,724$845
19 years$3,565$2,916$2,369$1,913$1,537$717
20 years$3,351$2,710$2,174$1,733$1,373$610
21 years$3,158$2,524$2,000$1,573$1,228$519
22 years$2,983$2,356$1,843$1,430$1,101$442
23 years$2,823$2,204$1,702$1,302$988$377
24 years$2,676$2,065$1,574$1,188$888$322
25 years$2,542$1,938$1,458$1,085$799$275
26 years$2,418$1,821$1,352$992$720$235
27 years$2,304$1,714$1,256$908$649$200
28 years$2,198$1,615$1,167$832$586$171
29 years$2,099$1,524$1,086$763$529$147
30 years$2,007$1,439$1,012$700$478$125
31 years$1,921$1,360$943$643$432$107
32 years$1,841$1,287$880$591$391$92
33 years$1,766$1,219$822$543$354$79
34 years$1,695$1,155$768$500$320$67
35 years$1,629$1,096$718$460$290$58
36 years$1,566$1,040$672$424$263$49
37 years$1,507$988$629$391$238$42
38 years$1,451$939$589$360$216$36
39 years$1,398$893$551$332$196$31
40 years$1,348$849$517$306$178$27
41 years$1,300$808$485$282$161$23
42 years$1,255$770$455$261$146$19
43 years$1,212$734$427$241$133$17
44 years$1,172$699$400$222$120$14
45 years$1,133$667$376$205$109$12
46 years$1,095$636$353$190$99$11
47 years$1,060$607$332$175$90$9
48 years$1,026$579$312$162$82$8
49 years$994$553$293$150$74$7
50 years$963$529$276$138$68$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $986,000, adding $2,638 every year, while hoping to spend $41,351 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: 66/22/12 Blend
51$986,000$986,000$986,000$986,000
52$1,089,293$1,037,035$1,021,752$1,158,086
53$1,156,404$1,043,853$1,011,984$1,211,095
54$1,228,974$1,049,618$1,000,502$1,263,897
55$1,307,517$1,054,237$987,206$1,320,557
56$1,392,596$1,057,607$971,990$1,381,449
57$1,484,833$1,059,622$954,744$1,446,986
58$1,584,908$1,060,166$935,351$1,517,622
59$1,693,574$1,059,119$913,689$1,593,861
60$1,811,653$1,056,351$889,633$1,676,257
61$1,940,055$1,051,725$863,049$1,765,423
62$2,079,777$1,045,096$833,798$1,862,035
63$2,231,919$1,036,311$801,735$1,966,837
64$2,397,690$1,025,205$766,708$2,080,654
65$2,578,420$1,011,605$728,558$2,204,392
66$2,775,573$995,329$687,119$2,339,056
67$2,990,763$976,181$642,218$2,485,750
68$3,225,761$953,955$593,674$2,645,695
69$3,482,523$928,433$541,296$2,820,239
70$3,763,199$899,384$484,888$3,010,867
71$4,070,155$866,564$424,241$3,219,219
72$4,405,998$829,713$359,141$3,447,106
73$4,773,600$788,558$289,362$3,696,523
74$5,176,119$742,810$214,668$3,969,674
75$5,617,038$692,162$134,813$4,268,989
76$6,100,188$636,290$49,542$4,597,149
77$6,629,791$574,853$0$4,957,114
78$7,210,497$507,487$0$5,357,453
79$7,847,424$433,811$0$5,803,575
80$8,546,215$353,421$0$6,293,137
81$9,313,080$265,890$0$6,830,558
82$10,154,863$170,767$0$7,420,713
83$11,079,101$67,577$0$8,068,973
84$12,094,097$0$0$8,781,260
85$13,208,998$0$0$9,574,802
86$14,433,879$0$0$10,464,663
87$15,779,842$0$0$11,442,557
88$17,259,115$0$0$12,517,377
89$18,885,170$0$0$13,698,921
90$20,672,851$0$0$14,997,982
91$22,638,508$0$0$16,426,454
92$24,800,159$0$0$17,997,437
93$27,177,652$0$0$19,725,369
94$29,792,858$0$0$21,626,154
95$32,669,873$0$0$23,717,316
96$35,835,244$0$0$26,018,164
97$39,318,224$0$0$28,549,971
98$43,151,043$0$0$31,336,178
99$47,369,214$0$0$34,402,612
100$52,011,867$0$0$37,777,732