Can I retire at age 52 with 994,000?

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 $994,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$82,084$81,352$80,639$79,943$79,263$78,014
2 years$40,635$39,879$39,145$38,434$37,744$36,489
3 years$26,821$26,061$25,330$24,625$23,947$22,724
4 years$19,915$19,158$18,433$17,741$17,079$15,899
5 years$15,773$15,020$14,305$13,627$12,983$11,849
6 years$13,012$12,265$11,561$10,897$10,273$9,186
7 years$11,041$10,300$9,607$8,959$8,355$7,315
8 years$9,564$8,829$8,147$7,516$6,931$5,939
9 years$8,415$7,687$7,017$6,402$5,837$4,891
10 years$7,496$6,776$6,118$5,518$4,973$4,074
11 years$6,745$6,032$5,386$4,803$4,277$3,423
12 years$6,120$5,414$4,780$4,213$3,707$2,896
13 years$5,591$4,893$4,271$3,719$3,232$2,464
14 years$5,139$4,447$3,837$3,301$2,833$2,107
15 years$4,747$4,063$3,464$2,944$2,495$1,809
16 years$4,404$3,728$3,141$2,636$2,205$1,558
17 years$4,102$3,433$2,858$2,369$1,955$1,345
18 years$3,833$3,172$2,609$2,135$1,738$1,164
19 years$3,594$2,940$2,389$1,929$1,549$1,010
20 years$3,378$2,732$2,192$1,747$1,384$877
21 years$3,184$2,545$2,016$1,585$1,238$764
22 years$3,007$2,375$1,858$1,442$1,110$665
23 years$2,846$2,222$1,716$1,313$996$580
24 years$2,698$2,082$1,587$1,197$896$507
25 years$2,563$1,953$1,470$1,094$806$443
26 years$2,438$1,836$1,363$1,000$726$387
27 years$2,322$1,728$1,266$915$655$339
28 years$2,215$1,628$1,177$839$591$296
29 years$2,116$1,536$1,095$769$533$260
30 years$2,023$1,451$1,020$706$482$227
31 years$1,937$1,371$951$648$436$199
32 years$1,856$1,297$887$596$394$175
33 years$1,780$1,229$828$548$357$153
34 years$1,709$1,165$774$504$323$134
35 years$1,642$1,105$724$464$292$118
36 years$1,579$1,048$677$427$265$104
37 years$1,519$996$634$394$240$91
38 years$1,463$946$593$363$218$80
39 years$1,409$900$556$335$197$70
40 years$1,359$856$521$309$179$61
41 years$1,311$815$489$285$162$54
42 years$1,266$776$458$263$147$47
43 years$1,222$739$430$243$134$42
44 years$1,181$705$404$224$121$37
45 years$1,142$672$379$207$110$32
46 years$1,104$641$356$191$100$28
47 years$1,069$612$334$177$91$25
48 years$1,034$584$314$163$83$22
49 years$1,002$558$295$151$75$19
50 years$970$533$278$139$68$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $994,000, adding $2,652 every year, while hoping to spend $53,735 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: 25/47/28 Blend
51$994,000$994,000$994,000$994,000
52$1,098,124$1,045,442$1,030,035$1,115,880
53$1,152,959$1,039,495$1,007,367$1,124,965
54$1,211,586$1,031,455$982,139$1,129,957
55$1,274,335$1,021,164$954,209$1,134,196
56$1,341,569$1,008,453$923,426$1,137,654
57$1,413,684$993,142$889,636$1,140,310
58$1,491,116$975,042$852,675$1,142,141
59$1,574,342$953,952$812,372$1,143,131
60$1,663,889$929,659$768,550$1,143,268
61$1,760,332$901,939$721,023$1,142,547
62$1,864,303$870,552$669,595$1,140,968
63$1,976,500$835,246$614,064$1,138,539
64$2,097,684$795,754$554,216$1,135,279
65$2,228,696$751,794$489,830$1,131,213
66$2,370,458$703,067$420,675$1,126,384
67$2,523,984$649,257$346,507$1,120,844
68$2,690,390$590,030$267,075$1,114,663
69$2,870,902$525,033$182,114$1,107,929
70$3,066,867$453,894$91,348$1,100,749
71$3,279,770$376,217$0$1,093,255
72$3,511,242$291,587$0$1,087,252
73$3,763,077$199,563$0$1,110,510
74$4,037,250$99,681$0$1,136,025
75$4,335,935$0$0$1,164,153
76$4,661,523$0$0$1,199,716
77$5,016,645$0$0$1,294,890
78$5,404,199$0$0$1,398,914
79$5,827,372$0$0$1,512,665
80$6,289,676$0$0$1,637,107
81$6,794,973$0$0$1,773,302
82$7,347,519$0$0$1,922,420
83$7,951,998$0$0$2,085,746
84$8,613,567$0$0$2,264,700
85$9,337,906$0$0$2,460,843
86$10,131,269$0$0$2,675,894
87$11,000,543$0$0$2,911,748
88$11,953,313$0$0$3,170,491
89$12,997,933$0$0$3,454,420
90$14,143,604$0$0$3,766,067
91$15,400,460$0$0$4,108,221
92$16,779,663$0$0$4,483,951
93$18,293,507$0$0$4,896,641
94$19,955,537$0$0$5,350,019
95$21,780,671$0$0$5,848,190
96$23,785,343$0$0$6,395,677
97$25,987,657$0$0$6,997,463
98$28,407,558$0$0$7,659,039
99$31,067,017$0$0$8,386,451
100$33,990,241$0$0$9,186,365