Can I retire at age 52 with 995,000?

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 $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%19.8%
1 years$82,166$81,434$80,720$80,023$79,343$76,225
2 years$40,676$39,919$39,185$38,473$37,782$34,679
3 years$26,848$26,087$25,355$24,650$23,971$20,980
4 years$19,935$19,177$18,452$17,759$17,096$14,241
5 years$15,789$15,035$14,319$13,640$12,996$10,283
6 years$13,025$12,277$11,572$10,908$10,283$7,715
7 years$11,052$10,310$9,617$8,968$8,363$5,938
8 years$9,573$8,838$8,156$7,523$6,938$4,654
9 years$8,423$7,695$7,024$6,408$5,843$3,697
10 years$7,504$6,783$6,124$5,524$4,978$2,966
11 years$6,752$6,038$5,392$4,808$4,282$2,398
12 years$6,126$5,420$4,785$4,217$3,710$1,950
13 years$5,597$4,898$4,275$3,723$3,235$1,594
14 years$5,144$4,452$3,841$3,305$2,836$1,308
15 years$4,751$4,067$3,468$2,947$2,497$1,076
16 years$4,408$3,731$3,144$2,639$2,207$888
17 years$4,106$3,436$2,861$2,371$1,957$734
18 years$3,837$3,175$2,612$2,137$1,740$608
19 years$3,597$2,943$2,391$1,931$1,551$504
20 years$3,382$2,735$2,194$1,749$1,385$418
21 years$3,187$2,547$2,018$1,587$1,240$348
22 years$3,010$2,378$1,860$1,443$1,111$289
23 years$2,849$2,224$1,718$1,314$997$241
24 years$2,701$2,084$1,588$1,199$897$200
25 years$2,565$1,955$1,471$1,095$807$167
26 years$2,440$1,838$1,365$1,001$727$139
27 years$2,325$1,730$1,267$916$655$116
28 years$2,218$1,630$1,178$839$591$97
29 years$2,118$1,537$1,096$770$534$81
30 years$2,025$1,452$1,021$706$482$67
31 years$1,939$1,373$952$649$436$56
32 years$1,858$1,299$888$596$394$47
33 years$1,782$1,230$829$548$357$39
34 years$1,711$1,166$775$504$323$33
35 years$1,644$1,106$724$464$293$27
36 years$1,580$1,049$678$428$265$23
37 years$1,521$997$634$394$240$19
38 years$1,464$947$594$363$218$16
39 years$1,411$901$556$335$198$13
40 years$1,360$857$522$309$179$11
41 years$1,312$816$489$285$163$9
42 years$1,267$777$459$263$148$8
43 years$1,223$740$430$243$134$6
44 years$1,182$706$404$224$122$5
45 years$1,143$673$379$207$110$4
46 years$1,105$642$356$191$100$4
47 years$1,070$613$335$177$91$3
48 years$1,035$585$315$163$83$3
49 years$1,003$558$296$151$75$2
50 years$971$533$278$139$68$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $995,000, adding $4,846 every year, while hoping to spend $56,761 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: 71/21/8 Blend
51$995,000$995,000$995,000$995,000
52$1,101,489$1,048,754$1,033,331$1,177,866
53$1,153,447$1,039,749$1,007,554$1,219,988
54$1,208,803$1,028,401$979,012$1,258,602
55$1,267,843$1,014,535$947,551$1,299,308
56$1,330,881$997,965$913,012$1,342,297
57$1,398,261$978,496$875,228$1,387,782
58$1,470,360$955,918$834,024$1,435,997
59$1,547,592$930,013$789,219$1,487,203
60$1,630,409$900,547$740,621$1,541,688
61$1,719,311$867,274$688,032$1,599,770
62$1,814,842$829,932$631,242$1,661,803
63$1,917,603$788,245$570,036$1,728,176
64$2,028,251$741,922$504,184$1,799,322
65$2,147,509$690,653$433,451$1,875,718
66$2,276,172$634,111$357,589$1,957,894
67$2,415,111$571,952$276,337$2,046,435
68$2,565,285$503,811$189,427$2,141,988
69$2,727,747$429,301$96,577$2,245,270
70$2,903,657$348,016$0$2,357,073
71$3,094,285$259,524$0$2,478,487
72$3,301,033$163,372$0$2,619,079
73$3,525,441$59,079$0$2,771,694
74$3,769,200$0$0$2,937,546
75$4,034,174$0$0$3,130,421
76$4,322,411$0$0$3,355,125
77$4,636,166$0$0$3,599,768
78$4,977,920$0$0$3,866,292
79$5,350,402$0$0$4,156,830
80$5,756,616$0$0$4,473,733
81$6,199,869$0$0$4,819,587
82$6,683,800$0$0$5,197,238
83$7,212,416$0$0$5,609,820
84$7,790,127$0$0$6,060,783
85$8,421,789$0$0$6,553,926
86$9,112,748$0$0$7,093,429
87$9,868,891$0$0$7,683,899
88$10,696,700$0$0$8,330,405
89$11,603,312$0$0$9,038,531
90$12,596,589$0$0$9,814,426
91$13,685,187$0$0$10,664,863
92$14,878,639$0$0$11,597,299
93$16,187,447$0$0$12,619,949
94$17,623,176$0$0$13,741,861
95$19,198,565$0$0$14,973,000
96$20,927,644$0$0$16,324,344
97$22,825,871$0$0$17,807,984
98$24,910,270$0$0$19,437,239
99$27,199,598$0$0$21,226,783
100$29,714,513$0$0$23,192,780