Can I retire at age 52 with 992,000?

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 $992,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$81,918$81,189$80,477$79,782$79,103$77,921
2 years$40,554$39,798$39,066$38,357$37,668$36,480
3 years$26,767$26,009$25,279$24,576$23,898$22,741
4 years$19,875$19,119$18,396$17,705$17,044$15,927
5 years$15,741$14,990$14,276$13,599$12,957$11,882
6 years$12,986$12,240$11,537$10,876$10,252$9,222
7 years$11,019$10,279$9,588$8,941$8,338$7,352
8 years$9,544$8,811$8,131$7,501$6,917$5,975
9 years$8,398$7,672$7,003$6,389$5,825$4,927
10 years$7,481$6,762$6,106$5,507$4,963$4,109
11 years$6,732$6,020$5,375$4,793$4,269$3,456
12 years$6,108$5,403$4,770$4,204$3,699$2,928
13 years$5,580$4,883$4,262$3,712$3,226$2,495
14 years$5,128$4,439$3,829$3,295$2,828$2,136
15 years$4,737$4,055$3,458$2,938$2,490$1,836
16 years$4,395$3,720$3,135$2,631$2,200$1,584
17 years$4,093$3,426$2,852$2,364$1,951$1,369
18 years$3,826$3,166$2,604$2,130$1,735$1,187
19 years$3,587$2,934$2,384$1,925$1,546$1,031
20 years$3,371$2,726$2,188$1,743$1,381$897
21 years$3,177$2,540$2,012$1,582$1,236$782
22 years$3,001$2,371$1,855$1,439$1,108$682
23 years$2,840$2,217$1,712$1,310$994$596
24 years$2,693$2,077$1,584$1,195$894$521
25 years$2,558$1,950$1,467$1,091$804$456
26 years$2,433$1,832$1,360$998$725$399
27 years$2,318$1,724$1,263$913$653$350
28 years$2,211$1,625$1,174$837$589$307
29 years$2,112$1,533$1,093$767$532$269
30 years$2,019$1,448$1,018$704$481$236
31 years$1,933$1,368$949$647$435$207
32 years$1,852$1,295$885$594$393$182
33 years$1,777$1,226$827$547$356$160
34 years$1,705$1,162$772$503$322$141
35 years$1,639$1,102$722$463$292$124
36 years$1,576$1,046$676$426$264$109
37 years$1,516$994$632$393$240$96
38 years$1,460$944$592$362$217$84
39 years$1,407$898$555$334$197$74
40 years$1,356$854$520$308$179$65
41 years$1,308$813$488$284$162$57
42 years$1,263$775$457$262$147$50
43 years$1,220$738$429$242$134$44
44 years$1,179$703$403$224$121$39
45 years$1,139$671$378$206$110$34
46 years$1,102$640$355$191$100$30
47 years$1,066$611$334$176$91$27
48 years$1,032$583$314$163$82$23
49 years$1,000$557$295$150$75$21
50 years$969$532$277$139$68$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $992,000, adding $3,139 every year, while hoping to spend $29,286 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: 76/10/14 Blend
51$992,000$992,000$992,000$992,000
52$1,096,422$1,043,846$1,028,470$1,176,302
53$1,177,097$1,063,834$1,031,764$1,249,439
54$1,265,019$1,083,821$1,034,186$1,325,608
55$1,360,897$1,103,774$1,035,677$1,408,304
56$1,465,510$1,123,660$1,036,174$1,498,169
57$1,579,716$1,143,444$1,035,610$1,595,907
58$1,704,461$1,163,086$1,033,916$1,702,294
59$1,840,782$1,182,544$1,031,019$1,818,189
60$1,989,827$1,201,773$1,026,843$1,944,532
61$2,152,854$1,220,725$1,021,307$2,082,364
62$2,331,253$1,239,348$1,014,328$2,232,830
63$2,526,550$1,257,585$1,005,818$2,397,190
64$2,740,429$1,275,378$995,684$2,576,835
65$2,974,744$1,292,662$983,830$2,773,296
66$3,231,534$1,309,369$970,155$2,988,261
67$3,513,048$1,325,426$954,552$3,223,589
68$3,821,761$1,340,754$936,912$3,481,330
69$4,160,400$1,355,270$917,118$3,763,742
70$4,531,968$1,368,886$895,049$4,073,313
71$4,939,773$1,381,505$870,577$4,412,786
72$5,387,458$1,393,028$843,570$4,785,182
73$5,879,039$1,403,345$813,889$5,193,832
74$6,418,935$1,412,343$781,388$5,642,406
75$7,012,018$1,419,900$745,917$6,134,949
76$7,663,653$1,425,885$707,314$6,675,919
77$8,379,752$1,430,160$665,416$7,270,227
78$9,166,828$1,432,578$620,048$7,923,287
79$10,032,053$1,432,983$571,029$8,641,067
80$10,983,333$1,431,210$518,169$9,430,140
81$12,029,376$1,427,083$461,271$10,297,754
82$13,179,777$1,420,414$400,127$11,251,895
83$14,445,105$1,411,005$334,523$12,301,363
84$15,837,008$1,398,647$264,232$13,455,860
85$17,368,318$1,383,116$189,019$14,726,075
86$19,053,174$1,364,176$108,638$16,123,789
87$20,907,153$1,341,576$22,833$17,661,986
88$22,947,421$1,315,051$0$19,354,975
89$25,192,890$1,284,321$0$21,228,795
90$27,664,399$1,249,087$0$23,294,865
91$30,384,910$1,209,034$0$25,568,967
92$33,379,723$1,163,829$0$28,072,257
93$36,676,717$1,113,119$0$30,828,047
94$40,306,611$1,056,530$0$33,862,024
95$44,303,253$993,668$0$37,202,496
96$48,703,942$924,115$0$40,880,657
97$53,549,776$847,429$0$44,930,881
98$58,886,044$763,143$0$49,391,049
99$64,762,648$670,765$0$54,302,904
100$71,234,577$569,772$0$59,712,445