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%14.3%
1 years$82,166$81,434$80,720$80,023$79,343$77,932
2 years$40,676$39,919$39,185$38,473$37,782$36,366
3 years$26,848$26,087$25,355$24,650$23,971$22,593
4 years$19,935$19,177$18,452$17,759$17,096$15,767
5 years$15,789$15,035$14,319$13,640$12,996$11,720
6 years$13,025$12,277$11,572$10,908$10,283$9,061
7 years$11,052$10,310$9,617$8,968$8,363$7,196
8 years$9,573$8,838$8,156$7,523$6,938$5,825
9 years$8,423$7,695$7,024$6,408$5,843$4,783
10 years$7,504$6,783$6,124$5,524$4,978$3,972
11 years$6,752$6,038$5,392$4,808$4,282$3,326
12 years$6,126$5,420$4,785$4,217$3,710$2,806
13 years$5,597$4,898$4,275$3,723$3,235$2,380
14 years$5,144$4,452$3,841$3,305$2,836$2,028
15 years$4,751$4,067$3,468$2,947$2,497$1,735
16 years$4,408$3,731$3,144$2,639$2,207$1,489
17 years$4,106$3,436$2,861$2,371$1,957$1,281
18 years$3,837$3,175$2,612$2,137$1,740$1,105
19 years$3,597$2,943$2,391$1,931$1,551$955
20 years$3,382$2,735$2,194$1,749$1,385$826
21 years$3,187$2,547$2,018$1,587$1,240$716
22 years$3,010$2,378$1,860$1,443$1,111$622
23 years$2,849$2,224$1,718$1,314$997$540
24 years$2,701$2,084$1,588$1,199$897$470
25 years$2,565$1,955$1,471$1,095$807$409
26 years$2,440$1,838$1,365$1,001$727$356
27 years$2,325$1,730$1,267$916$655$310
28 years$2,218$1,630$1,178$839$591$271
29 years$2,118$1,537$1,096$770$534$236
30 years$2,025$1,452$1,021$706$482$206
31 years$1,939$1,373$952$649$436$180
32 years$1,858$1,299$888$596$394$157
33 years$1,782$1,230$829$548$357$137
34 years$1,711$1,166$775$504$323$120
35 years$1,644$1,106$724$464$293$105
36 years$1,580$1,049$678$428$265$91
37 years$1,521$997$634$394$240$80
38 years$1,464$947$594$363$218$70
39 years$1,411$901$556$335$198$61
40 years$1,360$857$522$309$179$53
41 years$1,312$816$489$285$163$47
42 years$1,267$777$459$263$148$41
43 years$1,223$740$430$243$134$36
44 years$1,182$706$404$224$122$31
45 years$1,143$673$379$207$110$27
46 years$1,105$642$356$191$100$24
47 years$1,070$613$335$177$91$21
48 years$1,035$585$315$163$83$18
49 years$1,003$558$296$151$75$16
50 years$971$533$278$139$68$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $995,000, adding $4,561 every year, while hoping to spend $34,362 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: 34/44/22 Blend
51$995,000$995,000$995,000$995,000
52$1,101,195$1,048,460$1,033,037$1,131,105
53$1,176,956$1,063,273$1,031,083$1,168,509
54$1,259,293$1,077,661$1,027,912$1,205,352
55$1,348,840$1,091,566$1,023,446$1,244,382
56$1,446,296$1,104,927$1,017,606$1,285,814
57$1,552,428$1,117,678$1,010,306$1,329,885
58$1,668,082$1,129,751$1,001,457$1,376,862
59$1,794,188$1,141,070$990,968$1,427,036
60$1,931,769$1,151,557$978,739$1,480,734
61$2,081,953$1,161,127$964,671$1,538,314
62$2,245,980$1,169,689$948,655$1,600,176
63$2,425,215$1,177,149$930,579$1,666,762
64$2,621,161$1,183,404$910,328$1,738,561
65$2,835,474$1,188,345$887,779$1,816,117
66$3,069,976$1,191,858$862,803$1,900,029
67$3,326,674$1,193,819$835,267$1,990,962
68$3,607,777$1,194,099$805,031$2,089,653
69$3,915,719$1,192,558$771,948$2,196,916
70$4,253,179$1,189,050$735,865$2,313,653
71$4,623,108$1,183,419$696,622$2,440,860
72$5,028,758$1,175,499$654,052$2,579,643
73$5,473,708$1,165,116$607,979$2,731,220
74$5,961,902$1,152,082$558,222$2,896,944
75$6,497,682$1,136,200$504,589$3,078,306
76$7,085,834$1,117,262$446,880$3,276,957
77$7,731,627$1,095,045$384,888$3,494,723
78$8,440,866$1,069,316$318,395$3,733,620
79$9,219,947$1,039,825$247,174$3,995,880
80$10,075,915$1,006,309$170,988$4,283,966
81$11,016,530$968,491$89,588$4,600,602
82$12,050,344$926,075$2,718$4,948,797
83$13,186,777$878,750$0$5,331,875
84$14,436,205$826,185$0$5,774,632
85$15,810,062$768,033$0$6,262,055
86$17,320,946$703,924$0$6,798,054
87$18,982,736$633,469$0$7,387,649
88$20,810,722$556,256$0$8,036,379
89$22,821,752$471,850$0$8,750,355
90$25,034,390$379,790$0$9,536,319
91$27,469,090$279,591$0$10,401,711
92$30,148,386$170,740$0$11,354,735
93$33,097,110$52,695$0$12,404,446
94$36,342,622$0$0$13,560,830
95$39,915,068$0$0$14,871,272
96$43,847,668$0$0$16,342,089
97$48,177,022$0$0$17,961,479
98$52,943,463$0$0$19,744,550
99$58,191,431$0$0$21,707,951
100$63,969,895$0$0$23,870,026