Can I retire at age 52 with 996,000?

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 $996,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$82,249$81,516$80,801$80,104$79,422$77,314
2 years$40,717$39,959$39,224$38,511$37,820$35,711
3 years$26,875$26,114$25,380$24,675$23,995$21,950
4 years$19,956$19,196$18,470$17,777$17,113$15,150
5 years$15,805$15,050$14,334$13,654$13,009$11,132
6 years$13,039$12,290$11,584$10,919$10,294$8,504
7 years$11,063$10,321$9,626$8,977$8,372$6,670
8 years$9,583$8,847$8,164$7,531$6,945$5,330
9 years$8,432$7,703$7,032$6,415$5,849$4,320
10 years$7,511$6,790$6,130$5,530$4,983$3,538
11 years$6,759$6,044$5,397$4,812$4,286$2,922
12 years$6,132$5,425$4,790$4,221$3,714$2,430
13 years$5,603$4,903$4,279$3,727$3,239$2,031
14 years$5,149$4,456$3,845$3,308$2,839$1,705
15 years$4,756$4,071$3,471$2,950$2,500$1,436
16 years$4,413$3,735$3,147$2,642$2,209$1,213
17 years$4,110$3,440$2,864$2,373$1,959$1,028
18 years$3,841$3,179$2,614$2,139$1,742$872
19 years$3,601$2,946$2,393$1,933$1,552$741
20 years$3,385$2,737$2,197$1,750$1,387$631
21 years$3,190$2,550$2,020$1,589$1,241$538
22 years$3,013$2,380$1,862$1,444$1,112$459
23 years$2,851$2,226$1,719$1,315$998$392
24 years$2,704$2,086$1,590$1,200$897$335
25 years$2,568$1,957$1,473$1,096$808$287
26 years$2,443$1,840$1,366$1,002$727$245
27 years$2,327$1,731$1,268$917$656$210
28 years$2,220$1,631$1,179$840$592$180
29 years$2,120$1,539$1,097$770$534$154
30 years$2,027$1,453$1,022$707$483$132
31 years$1,941$1,374$953$649$437$113
32 years$1,860$1,300$889$597$395$97
33 years$1,784$1,231$830$549$357$83
34 years$1,712$1,167$776$505$324$71
35 years$1,645$1,107$725$465$293$61
36 years$1,582$1,050$678$428$266$52
37 years$1,522$998$635$394$241$45
38 years$1,466$948$595$364$218$39
39 years$1,412$902$557$335$198$33
40 years$1,362$858$522$309$179$28
41 years$1,314$817$490$285$163$24
42 years$1,268$778$459$263$148$21
43 years$1,225$741$431$243$134$18
44 years$1,183$706$404$224$122$15
45 years$1,144$674$380$207$110$13
46 years$1,107$643$357$191$100$11
47 years$1,071$613$335$177$91$10
48 years$1,036$585$315$163$83$8
49 years$1,004$559$296$151$75$7
50 years$972$534$278$140$68$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $996,000, adding $6,108 every year, while hoping to spend $21,682 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: 24/48/28 Blend
51$996,000$996,000$996,000$996,000
52$1,103,892$1,051,104$1,035,666$1,120,549
53$1,193,420$1,079,539$1,047,292$1,163,594
54$1,291,353$1,108,640$1,058,580$1,207,457
55$1,398,525$1,138,418$1,069,497$1,253,997
56$1,515,855$1,168,881$1,080,006$1,303,453
57$1,644,356$1,200,040$1,090,069$1,356,086
58$1,785,141$1,231,903$1,099,648$1,412,184
59$1,939,438$1,264,478$1,108,698$1,472,062
60$2,108,598$1,297,775$1,117,176$1,536,071
61$2,294,109$1,331,800$1,125,036$1,604,593
62$2,497,611$1,366,561$1,132,227$1,678,053
63$2,720,909$1,402,064$1,138,699$1,756,915
64$2,965,993$1,438,317$1,144,397$1,841,694
65$3,235,053$1,475,323$1,149,263$1,932,956
66$3,530,503$1,513,089$1,153,238$2,031,323
67$3,855,002$1,551,617$1,156,258$2,137,483
68$4,211,477$1,590,912$1,158,258$2,252,192
69$4,603,156$1,630,975$1,159,168$2,376,285
70$5,033,592$1,671,807$1,158,915$2,510,682
71$5,506,702$1,713,409$1,157,422$2,656,396
72$6,026,799$1,755,779$1,154,609$2,814,545
73$6,598,636$1,798,916$1,150,392$2,986,359
74$7,227,449$1,842,815$1,144,682$3,173,197
75$7,919,007$1,887,471$1,137,387$3,376,555
76$8,679,667$1,932,878$1,128,411$3,598,082
77$9,516,430$1,979,027$1,117,650$3,839,597
78$10,437,014$2,025,907$1,104,999$4,103,105
79$11,449,920$2,073,507$1,090,347$4,390,816
80$12,564,514$2,121,811$1,073,576$4,705,167
81$13,791,118$2,170,803$1,054,564$5,048,842
82$15,141,104$2,220,464$1,033,184$5,424,804
83$16,627,002$2,270,773$1,009,301$5,836,317
84$18,262,619$2,321,704$982,776$6,286,980
85$20,063,169$2,373,229$953,461$6,780,759
86$22,045,414$2,425,320$921,204$7,322,030
87$24,227,826$2,477,940$885,844$7,915,613
88$26,630,758$2,531,053$847,213$8,566,824
89$29,276,637$2,584,616$805,137$9,281,524
90$32,190,177$2,638,585$759,432$10,066,173
91$35,398,608$2,692,909$709,906$10,927,891
92$38,931,938$2,747,533$656,360$11,874,531
93$42,823,232$2,802,398$598,584$12,914,747
94$47,108,925$2,857,439$536,360$14,058,079
95$51,829,167$2,912,585$469,459$15,315,045
96$57,028,200$2,967,760$397,645$16,697,239
97$62,754,777$3,022,881$320,666$18,217,441
98$69,062,621$3,077,859$238,265$19,889,739
99$76,010,930$3,132,596$150,169$21,729,665
100$83,664,941$3,186,989$56,096$23,754,336