Can I retire at age 52 with 993,000?

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 $993,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$82,001$81,271$80,558$79,862$79,183$77,680
2 years$40,595$39,839$39,106$38,395$37,706$36,197
3 years$26,794$26,035$25,304$24,600$23,922$22,455
4 years$19,895$19,138$18,415$17,723$17,062$15,647
5 years$15,757$15,005$14,291$13,613$12,970$11,613
6 years$12,999$12,253$11,549$10,886$10,263$8,964
7 years$11,030$10,290$9,597$8,950$8,346$7,106
8 years$9,554$8,820$8,139$7,508$6,924$5,743
9 years$8,406$7,680$7,010$6,395$5,831$4,707
10 years$7,489$6,769$6,112$5,513$4,968$3,901
11 years$6,739$6,026$5,381$4,798$4,273$3,261
12 years$6,114$5,409$4,775$4,208$3,703$2,745
13 years$5,586$4,888$4,266$3,715$3,229$2,324
14 years$5,133$4,443$3,833$3,298$2,831$1,976
15 years$4,742$4,059$3,461$2,941$2,492$1,687
16 years$4,399$3,724$3,138$2,634$2,203$1,445
17 years$4,098$3,429$2,855$2,366$1,953$1,241
18 years$3,830$3,169$2,607$2,132$1,737$1,068
19 years$3,590$2,937$2,386$1,927$1,548$921
20 years$3,375$2,729$2,190$1,745$1,383$795
21 years$3,180$2,542$2,014$1,584$1,237$688
22 years$3,004$2,373$1,857$1,440$1,109$595
23 years$2,843$2,219$1,714$1,312$995$516
24 years$2,695$2,079$1,585$1,196$895$448
25 years$2,560$1,951$1,468$1,092$805$389
26 years$2,435$1,834$1,362$999$725$338
27 years$2,320$1,726$1,265$914$654$294
28 years$2,213$1,626$1,176$838$590$255
29 years$2,114$1,534$1,094$768$533$222
30 years$2,021$1,449$1,019$705$481$193
31 years$1,935$1,370$950$647$435$168
32 years$1,854$1,296$886$595$394$147
33 years$1,778$1,227$828$547$356$128
34 years$1,707$1,163$773$503$323$111
35 years$1,640$1,103$723$463$292$97
36 years$1,577$1,047$676$427$265$85
37 years$1,518$995$633$393$240$74
38 years$1,461$945$593$362$218$64
39 years$1,408$899$555$334$197$56
40 years$1,358$855$521$308$179$49
41 years$1,310$814$488$284$162$43
42 years$1,264$775$458$262$147$37
43 years$1,221$739$430$242$134$32
44 years$1,180$704$403$224$121$28
45 years$1,141$671$379$207$110$25
46 years$1,103$641$356$191$100$22
47 years$1,067$611$334$176$91$19
48 years$1,033$584$314$163$82$16
49 years$1,001$557$295$151$75$14
50 years$970$532$277$139$68$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $993,000, adding $6,285 every year, while hoping to spend $58,778 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: 44/27/29 Blend
51$993,000$993,000$993,000$993,000
52$1,100,769$1,048,140$1,032,748$1,139,696
53$1,150,508$1,036,959$1,004,806$1,156,954
54$1,203,351$1,023,261$973,958$1,169,584
55$1,259,551$1,006,860$940,044$1,182,162
56$1,319,388$987,558$902,898$1,194,718
57$1,383,166$965,149$862,346$1,207,289
58$1,451,219$939,412$818,205$1,219,918
59$1,523,913$910,113$770,284$1,232,661
60$1,601,649$877,005$718,386$1,245,583
61$1,684,867$839,828$662,301$1,258,761
62$1,774,048$798,304$601,813$1,272,284
63$1,869,721$752,141$536,694$1,286,259
64$1,972,467$701,030$466,707$1,300,808
65$2,082,921$644,644$391,605$1,316,073
66$2,201,784$582,636$311,129$1,332,219
67$2,329,823$514,642$225,008$1,349,433
68$2,467,880$440,275$132,961$1,367,930
69$2,616,883$359,127$34,694$1,387,955
70$2,777,848$270,767$0$1,409,788
71$2,951,893$174,740$0$1,455,461
72$3,140,249$70,565$0$1,516,487
73$3,344,265$0$0$1,582,630
74$3,565,428$0$0$1,667,015
75$3,805,372$0$0$1,781,413
76$4,065,892$0$0$1,905,726
77$4,348,965$0$0$2,040,911
78$4,656,764$0$0$2,188,021
79$4,991,681$0$0$2,348,212
80$5,356,348$0$0$2,522,759
81$5,753,659$0$0$2,713,063
82$6,186,801$0$0$2,920,666
83$6,659,282$0$0$3,147,268
84$7,174,960$0$0$3,394,737
85$7,738,085$0$0$3,665,131
86$8,353,334$0$0$3,960,716
87$9,025,857$0$0$4,283,984
88$9,761,322$0$0$4,637,684
89$10,565,971$0$0$5,024,837
90$11,446,678$0$0$5,448,775
91$12,411,011$0$0$5,913,164
92$13,467,304$0$0$6,422,042
93$14,624,736$0$0$6,979,856
94$15,893,414$0$0$7,591,504
95$17,284,472$0$0$8,262,381
96$18,810,170$0$0$8,998,428
97$20,484,014$0$0$9,806,191
98$22,320,880$0$0$10,692,878
99$24,337,151$0$0$11,666,431
100$26,550,878$0$0$12,735,596