Can I retire at age 52 with 996,000?

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 $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%16.6%
1 years$82,249$81,516$80,801$80,104$79,422$77,283
2 years$40,717$39,959$39,224$38,511$37,820$35,680
3 years$26,875$26,114$25,380$24,675$23,995$21,921
4 years$19,956$19,196$18,470$17,777$17,113$15,122
5 years$15,805$15,050$14,334$13,654$13,009$11,105
6 years$13,039$12,290$11,584$10,919$10,294$8,479
7 years$11,063$10,321$9,626$8,977$8,372$6,647
8 years$9,583$8,847$8,164$7,531$6,945$5,309
9 years$8,432$7,703$7,032$6,415$5,849$4,300
10 years$7,511$6,790$6,130$5,530$4,983$3,520
11 years$6,759$6,044$5,397$4,812$4,286$2,905
12 years$6,132$5,425$4,790$4,221$3,714$2,414
13 years$5,603$4,903$4,279$3,727$3,239$2,016
14 years$5,149$4,456$3,845$3,308$2,839$1,691
15 years$4,756$4,071$3,471$2,950$2,500$1,424
16 years$4,413$3,735$3,147$2,642$2,209$1,202
17 years$4,110$3,440$2,864$2,373$1,959$1,017
18 years$3,841$3,179$2,614$2,139$1,742$863
19 years$3,601$2,946$2,393$1,933$1,552$733
20 years$3,385$2,737$2,197$1,750$1,387$623
21 years$3,190$2,550$2,020$1,589$1,241$531
22 years$3,013$2,380$1,862$1,444$1,112$453
23 years$2,851$2,226$1,719$1,315$998$386
24 years$2,704$2,086$1,590$1,200$897$330
25 years$2,568$1,957$1,473$1,096$808$282
26 years$2,443$1,840$1,366$1,002$727$241
27 years$2,327$1,731$1,268$917$656$206
28 years$2,220$1,631$1,179$840$592$176
29 years$2,120$1,539$1,097$770$534$151
30 years$2,027$1,453$1,022$707$483$129
31 years$1,941$1,374$953$649$437$111
32 years$1,860$1,300$889$597$395$95
33 years$1,784$1,231$830$549$357$81
34 years$1,712$1,167$776$505$324$70
35 years$1,645$1,107$725$465$293$60
36 years$1,582$1,050$678$428$266$51
37 years$1,522$998$635$394$241$44
38 years$1,466$948$595$364$218$38
39 years$1,412$902$557$335$198$32
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$20
43 years$1,225$741$431$243$134$17
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$9
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 $5,621 every year, while hoping to spend $50,718 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: 38/43/19 Blend
51$996,000$996,000$996,000$996,000
52$1,103,390$1,050,602$1,035,164$1,138,837
53$1,161,972$1,048,118$1,015,878$1,162,417
54$1,224,830$1,043,812$994,247$1,182,662
55$1,292,346$1,037,542$970,137$1,203,489
56$1,364,940$1,029,157$943,412$1,224,977
57$1,443,073$1,018,494$913,925$1,247,220
58$1,527,251$1,005,385$881,526$1,270,323
59$1,618,030$989,648$846,057$1,294,405
60$1,716,021$971,093$807,352$1,319,606
61$1,821,895$949,517$765,238$1,346,079
62$1,936,390$924,705$719,535$1,374,003
63$2,060,316$896,430$670,054$1,403,577
64$2,194,565$864,451$616,597$1,435,026
65$2,340,116$828,515$558,959$1,468,608
66$2,498,047$788,351$496,923$1,504,608
67$2,669,543$743,676$430,265$1,543,351
68$2,855,907$694,187$358,750$1,585,201
69$3,058,574$639,566$282,133$1,630,566
70$3,279,121$579,478$200,156$1,679,906
71$3,519,284$513,564$112,554$1,733,733
72$3,780,973$441,451$19,046$1,792,625
73$4,066,289$362,739$0$1,857,224
74$4,377,547$277,010$0$1,944,620
75$4,717,294$183,820$0$2,044,432
76$5,088,331$82,700$0$2,153,758
77$5,493,745$0$0$2,273,666
78$5,936,933$0$0$2,418,044
79$6,421,635$0$0$2,618,872
80$6,951,969$0$0$2,838,742
81$7,532,471$0$0$3,079,550
82$8,168,132$0$0$3,343,385
83$8,864,453$0$0$3,632,548
84$9,627,488$0$0$3,949,571
85$10,463,907$0$0$4,297,246
86$11,381,055$0$0$4,678,645
87$12,387,022$0$0$5,097,154
88$13,490,717$0$0$5,556,502
89$14,701,957$0$0$6,060,795
90$16,031,551$0$0$6,614,559
91$17,491,409$0$0$7,222,776
92$19,094,649$0$0$7,890,938
93$20,855,721$0$0$8,625,093
94$22,790,545$0$0$9,431,904
95$24,916,659$0$0$10,318,711
96$27,253,383$0$0$11,293,603
97$29,822,002$0$0$12,365,489
98$32,645,967$0$0$13,544,185
99$35,751,113$0$0$14,840,507
100$39,165,905$0$0$16,266,370