Can I retire at age 52 with 993,000?

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 $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%11.6%
1 years$82,001$81,271$80,558$79,862$79,183$78,651
2 years$40,595$39,839$39,106$38,395$37,706$37,170
3 years$26,794$26,035$25,304$24,600$23,922$23,398
4 years$19,895$19,138$18,415$17,723$17,062$16,553
5 years$15,757$15,005$14,291$13,613$12,970$12,479
6 years$12,999$12,253$11,549$10,886$10,263$9,790
7 years$11,030$10,290$9,597$8,950$8,346$7,892
8 years$9,554$8,820$8,139$7,508$6,924$6,489
9 years$8,406$7,680$7,010$6,395$5,831$5,414
10 years$7,489$6,769$6,112$5,513$4,968$4,569
11 years$6,739$6,026$5,381$4,798$4,273$3,892
12 years$6,114$5,409$4,775$4,208$3,703$3,339
13 years$5,586$4,888$4,266$3,715$3,229$2,882
14 years$5,133$4,443$3,833$3,298$2,831$2,501
15 years$4,742$4,059$3,461$2,941$2,492$2,179
16 years$4,399$3,724$3,138$2,634$2,203$1,905
17 years$4,098$3,429$2,855$2,366$1,953$1,671
18 years$3,830$3,169$2,607$2,132$1,737$1,469
19 years$3,590$2,937$2,386$1,927$1,548$1,295
20 years$3,375$2,729$2,190$1,745$1,383$1,143
21 years$3,180$2,542$2,014$1,584$1,237$1,011
22 years$3,004$2,373$1,857$1,440$1,109$896
23 years$2,843$2,219$1,714$1,312$995$795
24 years$2,695$2,079$1,585$1,196$895$706
25 years$2,560$1,951$1,468$1,092$805$627
26 years$2,435$1,834$1,362$999$725$558
27 years$2,320$1,726$1,265$914$654$497
28 years$2,213$1,626$1,176$838$590$443
29 years$2,114$1,534$1,094$768$533$395
30 years$2,021$1,449$1,019$705$481$352
31 years$1,935$1,370$950$647$435$314
32 years$1,854$1,296$886$595$394$281
33 years$1,778$1,227$828$547$356$251
34 years$1,707$1,163$773$503$323$224
35 years$1,640$1,103$723$463$292$200
36 years$1,577$1,047$676$427$265$179
37 years$1,518$995$633$393$240$160
38 years$1,461$945$593$362$218$143
39 years$1,408$899$555$334$197$128
40 years$1,358$855$521$308$179$115
41 years$1,310$814$488$284$162$103
42 years$1,264$775$458$262$147$92
43 years$1,221$739$430$242$134$82
44 years$1,180$704$403$224$121$74
45 years$1,141$671$379$207$110$66
46 years$1,103$641$356$191$100$59
47 years$1,067$611$334$176$91$53
48 years$1,033$584$314$163$82$47
49 years$1,001$557$295$151$75$42
50 years$970$532$277$139$68$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $993,000, adding $2,529 every year, while hoping to spend $52,790 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: 76/13/11 Blend
51$993,000$993,000$993,000$993,000
52$1,096,895$1,044,266$1,028,874$1,177,817
53$1,152,610$1,039,267$1,007,173$1,226,478
54$1,212,239$1,032,253$982,976$1,272,866
55$1,276,124$1,023,071$956,143$1,322,229
56$1,344,644$1,011,557$926,529$1,374,843
57$1,418,211$997,536$893,981$1,431,015
58$1,497,279$980,825$858,340$1,491,080
59$1,582,345$961,230$819,438$1,555,411
60$1,673,957$938,543$777,102$1,624,418
61$1,772,716$912,547$731,150$1,698,554
62$1,879,280$883,009$681,391$1,778,317
63$1,994,375$849,684$627,625$1,864,259
64$2,118,796$812,314$569,646$1,956,989
65$2,253,420$770,624$507,236$2,057,177
66$2,399,209$724,325$440,169$2,165,564
67$2,557,220$673,109$368,206$2,282,968
68$2,728,618$616,652$291,102$2,410,291
69$2,914,680$554,611$208,597$2,548,529
70$3,116,814$486,624$120,422$2,698,779
71$3,336,569$412,308$26,296$2,862,256
72$3,575,647$331,259$0$3,040,295
73$3,835,921$243,049$0$3,243,078
74$4,119,453$147,226$0$3,467,389
75$4,428,512$43,315$0$3,711,973
76$4,765,594$0$0$3,978,852
77$5,133,448$0$0$4,280,154
78$5,535,099$0$0$4,615,940
79$5,973,876$0$0$4,982,800
80$6,453,446$0$0$5,383,806
81$6,977,844$0$0$5,822,336
82$7,551,515$0$0$6,302,111
83$8,179,351$0$0$6,827,230
84$8,866,740$0$0$7,402,203
85$9,619,615$0$0$8,031,999
86$10,444,510$0$0$8,722,089
87$11,348,620$0$0$9,478,500
88$12,339,871$0$0$10,307,867
89$13,426,992$0$0$11,217,501
90$14,619,594$0$0$12,215,452
91$15,928,268$0$0$13,310,587
92$17,364,678$0$0$14,512,674
93$18,941,670$0$0$15,832,473
94$20,673,399$0$0$17,281,837
95$22,575,453$0$0$18,873,820
96$24,665,009$0$0$20,622,807
97$26,960,984$0$0$22,544,642
98$29,484,224$0$0$24,656,780
99$32,257,691$0$0$26,978,454
100$35,306,683$0$0$29,530,848