Can I retire at age 52 with 991,000?

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 $991,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$81,836$81,107$80,396$79,702$79,024$78,133
2 years$40,513$39,758$39,027$38,318$37,630$36,734
3 years$26,740$25,982$25,253$24,551$23,874$23,000
4 years$19,855$19,100$18,378$17,687$17,027$16,182
5 years$15,725$14,975$14,262$13,586$12,944$12,129
6 years$12,973$12,228$11,526$10,865$10,242$9,459
7 years$11,008$10,269$9,578$8,932$8,330$7,579
8 years$9,535$8,802$8,123$7,493$6,910$6,192
9 years$8,389$7,664$6,996$6,382$5,819$5,133
10 years$7,474$6,755$6,099$5,502$4,958$4,304
11 years$6,725$6,014$5,370$4,788$4,264$3,641
12 years$6,102$5,398$4,766$4,200$3,695$3,102
13 years$5,575$4,878$4,258$3,708$3,222$2,659
14 years$5,123$4,434$3,826$3,291$2,825$2,290
15 years$4,732$4,051$3,454$2,935$2,487$1,981
16 years$4,391$3,716$3,132$2,628$2,198$1,719
17 years$4,089$3,423$2,850$2,362$1,949$1,496
18 years$3,822$3,163$2,601$2,128$1,733$1,305
19 years$3,583$2,931$2,381$1,923$1,545$1,141
20 years$3,368$2,724$2,186$1,742$1,380$1,000
21 years$3,174$2,537$2,010$1,581$1,235$877
22 years$2,998$2,368$1,853$1,437$1,107$771
23 years$2,837$2,215$1,711$1,309$993$678
24 years$2,690$2,075$1,582$1,194$893$597
25 years$2,555$1,948$1,465$1,090$804$526
26 years$2,430$1,830$1,359$997$724$464
27 years$2,315$1,723$1,262$912$653$410
28 years$2,209$1,623$1,173$836$589$362
29 years$2,110$1,531$1,092$767$532$320
30 years$2,017$1,446$1,017$704$480$283
31 years$1,931$1,367$948$646$434$250
32 years$1,850$1,294$885$594$393$221
33 years$1,775$1,225$826$546$356$196
34 years$1,704$1,161$772$502$322$173
35 years$1,637$1,101$721$463$292$153
36 years$1,574$1,045$675$426$264$136
37 years$1,515$993$632$392$239$120
38 years$1,458$943$592$362$217$107
39 years$1,405$897$554$334$197$95
40 years$1,355$854$519$308$179$84
41 years$1,307$812$487$284$162$74
42 years$1,262$774$457$262$147$66
43 years$1,219$737$429$242$133$58
44 years$1,177$703$402$223$121$52
45 years$1,138$670$378$206$110$46
46 years$1,101$639$355$190$100$41
47 years$1,065$610$333$176$91$36
48 years$1,031$582$313$163$82$32
49 years$999$556$295$150$75$28
50 years$968$531$277$139$68$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $991,000, adding $6,033 every year, while hoping to spend $47,428 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: 43/38/19 Blend
51$991,000$991,000$991,000$991,000
52$1,098,305$1,045,782$1,030,422$1,139,223
53$1,159,869$1,046,562$1,014,478$1,169,478
54$1,226,123$1,045,791$996,410$1,197,128
55$1,297,495$1,043,343$976,097$1,226,096
56$1,374,456$1,039,083$953,413$1,256,529
57$1,457,523$1,032,870$928,224$1,288,588
58$1,547,262$1,024,553$900,392$1,322,455
59$1,644,299$1,013,972$869,771$1,358,335
60$1,749,319$1,000,958$836,210$1,396,453
61$1,863,076$985,331$799,550$1,437,066
62$1,986,399$966,902$759,624$1,480,458
63$2,120,200$945,468$716,259$1,526,946
64$2,265,480$920,816$669,274$1,576,885
65$2,423,343$892,720$618,479$1,630,670
66$2,595,003$860,941$563,676$1,688,742
67$2,781,792$825,227$504,658$1,751,592
68$2,985,180$785,308$441,209$1,819,767
69$3,206,782$740,902$373,104$1,893,875
70$3,448,377$691,709$300,106$1,974,594
71$3,711,922$637,413$221,969$2,062,675
72$3,999,570$577,678$138,437$2,158,957
73$4,313,692$512,151$49,242$2,264,369
74$4,656,900$440,457$0$2,379,944
75$5,032,065$362,202$0$2,516,144
76$5,442,353$276,967$0$2,676,185
77$5,891,246$184,311$0$2,851,550
78$6,382,580$83,769$0$3,043,868
79$6,920,578$0$0$3,254,947
80$7,509,892$0$0$3,497,298
81$8,155,644$0$0$3,801,361
82$8,863,474$0$0$4,134,781
83$9,639,595$0$0$4,500,498
84$10,490,851$0$0$4,901,753
85$11,424,777$0$0$5,342,115
86$12,449,674$0$0$5,825,517
87$13,574,688$0$0$6,356,289
88$14,809,891$0$0$6,939,201
89$16,166,377$0$0$7,579,510
90$17,656,371$0$0$8,283,004
91$19,293,335$0$0$9,056,061
92$21,092,105$0$0$9,905,708
93$23,069,021$0$0$10,839,686
94$25,242,086$0$0$11,866,523
95$27,631,135$0$0$12,995,615
96$30,258,019$0$0$14,237,313
97$33,146,813$0$0$15,603,024
98$36,324,042$0$0$17,105,312
99$39,818,931$0$0$18,758,023
100$43,663,678$0$0$20,576,412