Can I retire at age 52 with 995,000?

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 $995,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$82,166$81,434$80,720$80,023$79,343$78,777
2 years$40,676$39,919$39,185$38,473$37,782$37,211
3 years$26,848$26,087$25,355$24,650$23,971$23,413
4 years$19,935$19,177$18,452$17,759$17,096$16,555
5 years$15,789$15,035$14,319$13,640$12,996$12,474
6 years$13,025$12,277$11,572$10,908$10,283$9,781
7 years$11,052$10,310$9,617$8,968$8,363$7,881
8 years$9,573$8,838$8,156$7,523$6,938$6,475
9 years$8,423$7,695$7,024$6,408$5,843$5,400
10 years$7,504$6,783$6,124$5,524$4,978$4,555
11 years$6,752$6,038$5,392$4,808$4,282$3,877
12 years$6,126$5,420$4,785$4,217$3,710$3,324
13 years$5,597$4,898$4,275$3,723$3,235$2,868
14 years$5,144$4,452$3,841$3,305$2,836$2,486
15 years$4,751$4,067$3,468$2,947$2,497$2,165
16 years$4,408$3,731$3,144$2,639$2,207$1,891
17 years$4,106$3,436$2,861$2,371$1,957$1,658
18 years$3,837$3,175$2,612$2,137$1,740$1,457
19 years$3,597$2,943$2,391$1,931$1,551$1,283
20 years$3,382$2,735$2,194$1,749$1,385$1,132
21 years$3,187$2,547$2,018$1,587$1,240$1,001
22 years$3,010$2,378$1,860$1,443$1,111$886
23 years$2,849$2,224$1,718$1,314$997$785
24 years$2,701$2,084$1,588$1,199$897$697
25 years$2,565$1,955$1,471$1,095$807$619
26 years$2,440$1,838$1,365$1,001$727$550
27 years$2,325$1,730$1,267$916$655$489
28 years$2,218$1,630$1,178$839$591$436
29 years$2,118$1,537$1,096$770$534$388
30 years$2,025$1,452$1,021$706$482$346
31 years$1,939$1,373$952$649$436$308
32 years$1,858$1,299$888$596$394$275
33 years$1,782$1,230$829$548$357$246
34 years$1,711$1,166$775$504$323$219
35 years$1,644$1,106$724$464$293$196
36 years$1,580$1,049$678$428$265$175
37 years$1,521$997$634$394$240$156
38 years$1,464$947$594$363$218$140
39 years$1,411$901$556$335$198$125
40 years$1,360$857$522$309$179$112
41 years$1,312$816$489$285$163$100
42 years$1,267$777$459$263$148$89
43 years$1,223$740$430$243$134$80
44 years$1,182$706$404$224$122$71
45 years$1,143$673$379$207$110$64
46 years$1,105$642$356$191$100$57
47 years$1,070$613$335$177$91$51
48 years$1,035$585$315$163$83$46
49 years$1,003$558$296$151$75$41
50 years$971$533$278$139$68$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $995,000, adding $6,282 every year, while hoping to spend $52,980 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: 61/30/9 Blend
51$995,000$995,000$995,000$995,000
52$1,102,970$1,050,235$1,034,812$1,167,682
53$1,159,103$1,045,326$1,013,108$1,206,876
54$1,219,185$1,038,401$988,901$1,242,976
55$1,283,564$1,029,305$962,052$1,281,039
56$1,352,621$1,017,874$932,414$1,321,258
57$1,426,773$1,003,934$899,834$1,363,842
58$1,506,478$987,301$864,153$1,409,029
59$1,592,239$967,780$825,202$1,457,079
60$1,684,609$945,163$782,809$1,508,282
61$1,784,195$919,231$736,788$1,562,961
62$1,891,663$889,754$686,950$1,621,472
63$2,007,745$856,484$633,096$1,684,213
64$2,133,246$819,163$575,016$1,751,624
65$2,269,050$777,515$512,492$1,824,192
66$2,416,131$731,251$445,298$1,902,459
67$2,575,556$680,062$373,195$1,987,025
68$2,748,502$623,624$295,936$2,078,554
69$2,936,260$561,593$213,261$2,177,783
70$3,140,253$493,606$124,900$2,285,530
71$3,362,045$419,278$30,571$2,402,699
72$3,603,357$338,206$0$2,530,292
73$3,866,082$249,961$0$2,676,149
74$4,152,302$154,089$0$2,838,338
75$4,464,312$50,114$0$3,015,312
76$4,804,633$0$0$3,208,607
77$5,176,044$0$0$3,440,545
78$5,581,600$0$0$3,711,943
79$6,024,668$0$0$4,008,518
80$6,508,952$0$0$4,332,760
81$7,038,530$0$0$4,687,408
82$7,617,893$0$0$5,075,481
83$8,251,987$0$0$5,500,301
84$8,946,256$0$0$5,965,527
85$9,706,697$0$0$6,475,188
86$10,539,911$0$0$7,033,721
87$11,453,173$0$0$7,646,014
88$12,454,490$0$0$8,317,448
89$13,552,684$0$0$9,053,953
90$14,757,470$0$0$9,862,057
91$16,079,551$0$0$10,748,952
92$17,530,713$0$0$11,722,561
93$19,123,942$0$0$12,791,611
94$20,873,541$0$0$13,965,714
95$22,795,267$0$0$15,255,461
96$24,906,476$0$0$16,672,516
97$27,226,290$0$0$18,229,733
98$29,775,775$0$0$19,941,270
99$32,578,138$0$0$21,822,724
100$35,658,947$0$0$23,891,282