Can I retire at age 52 with 997,000?

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 $997,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$82,331$81,598$80,882$80,184$79,502$78,902
2 years$40,758$39,999$39,263$38,550$37,858$37,253
3 years$26,902$26,140$25,406$24,699$24,019$23,427
4 years$19,976$19,216$18,489$17,795$17,130$16,557
5 years$15,821$15,065$14,348$13,668$13,022$12,469
6 years$13,052$12,302$11,596$10,930$10,304$9,772
7 years$11,075$10,331$9,636$8,986$8,380$7,869
8 years$9,592$8,856$8,172$7,538$6,952$6,462
9 years$8,440$7,710$7,039$6,421$5,855$5,385
10 years$7,519$6,796$6,136$5,535$4,988$4,540
11 years$6,766$6,050$5,402$4,817$4,290$3,862
12 years$6,139$5,431$4,794$4,225$3,718$3,309
13 years$5,608$4,908$4,284$3,730$3,242$2,853
14 years$5,154$4,461$3,849$3,311$2,842$2,472
15 years$4,761$4,075$3,475$2,953$2,502$2,151
16 years$4,417$3,739$3,151$2,644$2,211$1,878
17 years$4,114$3,443$2,867$2,376$1,961$1,645
18 years$3,845$3,182$2,617$2,141$1,744$1,444
19 years$3,605$2,949$2,396$1,935$1,554$1,271
20 years$3,388$2,740$2,199$1,752$1,388$1,121
21 years$3,193$2,552$2,022$1,590$1,242$990
22 years$3,016$2,383$1,864$1,446$1,113$876
23 years$2,854$2,228$1,721$1,317$999$775
24 years$2,706$2,088$1,592$1,201$898$688
25 years$2,570$1,959$1,474$1,097$808$610
26 years$2,445$1,841$1,367$1,003$728$542
27 years$2,329$1,733$1,270$918$657$482
28 years$2,222$1,633$1,180$841$592$429
29 years$2,122$1,541$1,098$771$535$382
30 years$2,029$1,455$1,023$708$483$340
31 years$1,943$1,375$954$650$437$303
32 years$1,862$1,301$890$597$395$270
33 years$1,785$1,232$831$549$358$241
34 years$1,714$1,168$776$505$324$215
35 years$1,647$1,108$726$465$293$192
36 years$1,583$1,052$679$429$266$171
37 years$1,524$999$636$395$241$153
38 years$1,467$949$595$364$218$136
39 years$1,414$903$558$336$198$122
40 years$1,363$859$523$310$180$109
41 years$1,315$817$490$286$163$97
42 years$1,269$778$460$264$148$87
43 years$1,226$742$431$243$134$78
44 years$1,185$707$405$225$122$69
45 years$1,145$674$380$207$111$62
46 years$1,108$643$357$192$100$55
47 years$1,072$614$335$177$91$49
48 years$1,038$586$315$164$83$44
49 years$1,005$560$296$151$75$40
50 years$973$534$279$140$68$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $997,000, adding $2,301 every year, while hoping to spend $26,665 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: 46/24/30 Blend
51$997,000$997,000$997,000$997,000
52$1,101,067$1,048,226$1,032,773$1,142,103
53$1,185,005$1,071,218$1,039,000$1,194,484
54$1,276,610$1,094,443$1,044,541$1,248,548
55$1,376,638$1,117,884$1,049,346$1,306,708
56$1,485,917$1,141,522$1,053,361$1,369,366
57$1,605,362$1,165,338$1,056,530$1,436,960
58$1,735,979$1,189,309$1,058,794$1,509,979
59$1,878,874$1,213,412$1,060,089$1,588,957
60$2,035,269$1,237,618$1,060,352$1,674,486
61$2,206,506$1,261,901$1,059,513$1,767,219
62$2,394,063$1,286,228$1,057,500$1,867,875
63$2,599,570$1,310,565$1,054,239$1,977,248
64$2,824,820$1,334,877$1,049,650$2,096,213
65$3,071,788$1,359,122$1,043,650$2,225,736
66$3,342,650$1,383,259$1,036,152$2,366,883
67$3,639,803$1,407,241$1,027,066$2,520,828
68$3,965,886$1,431,019$1,016,295$2,688,868
69$4,323,806$1,454,539$1,003,741$2,872,431
70$4,716,766$1,477,743$989,298$3,073,095
71$5,148,294$1,500,570$972,857$3,292,599
72$5,622,276$1,522,954$954,304$3,532,860
73$6,142,993$1,544,824$933,518$3,795,994
74$6,715,162$1,566,103$910,374$4,084,333
75$7,343,977$1,586,711$884,740$4,400,451
76$8,035,164$1,606,561$856,480$4,747,184
77$8,795,027$1,625,559$825,449$5,127,661
78$9,630,516$1,643,607$791,497$5,545,333
79$10,549,284$1,660,599$754,468$6,004,005
80$11,559,764$1,676,422$714,196$6,507,873
81$12,671,249$1,690,956$670,510$7,061,563
82$13,893,975$1,704,072$623,231$7,670,177
83$15,239,223$1,715,633$572,172$8,339,341
84$16,719,420$1,725,495$517,136$9,075,257
85$18,348,260$1,733,504$457,919$9,884,765
86$20,140,830$1,739,493$394,307$10,775,405
87$22,113,755$1,743,289$326,077$11,755,492
88$24,285,353$1,744,705$252,996$12,834,193
89$26,675,809$1,743,545$174,820$14,021,614
90$29,307,361$1,739,599$91,296$15,328,898
91$32,204,516$1,732,643$2,159$16,768,329
92$35,394,277$1,722,443$0$18,353,451
93$38,906,397$1,708,747$0$20,128,953
94$42,773,664$1,691,290$0$22,084,207
95$47,032,205$1,669,790$0$24,236,765
96$51,721,829$1,643,949$0$26,606,730
97$56,886,404$1,613,451$0$29,216,259
98$62,574,267$1,577,960$0$32,089,771
99$68,838,684$1,537,121$0$35,254,177
100$75,738,349$1,490,560$0$38,739,135