Can I retire at age 52 with 999,000?

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 $999,000?

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$82,496$81,762$81,045$80,345$79,662$77,516
2 years$40,840$40,079$39,342$38,627$37,934$35,788
3 years$26,956$26,192$25,457$24,749$24,067$21,987
4 years$20,016$19,254$18,526$17,830$17,165$15,167
5 years$15,852$15,095$14,377$13,695$13,048$11,139
6 years$13,078$12,327$11,619$10,952$10,325$8,505
7 years$11,097$10,352$9,655$9,004$8,397$6,667
8 years$9,612$8,873$8,188$7,554$6,966$5,325
9 years$8,457$7,726$7,053$6,434$5,866$4,313
10 years$7,534$6,810$6,149$5,546$4,998$3,530
11 years$6,779$6,063$5,413$4,827$4,299$2,914
12 years$6,151$5,441$4,804$4,234$3,725$2,421
13 years$5,620$4,917$4,292$3,738$3,248$2,022
14 years$5,164$4,470$3,857$3,318$2,848$1,696
15 years$4,770$4,083$3,482$2,959$2,507$1,428
16 years$4,426$3,746$3,157$2,650$2,216$1,206
17 years$4,122$3,450$2,873$2,381$1,965$1,020
18 years$3,853$3,188$2,622$2,145$1,747$865
19 years$3,612$2,955$2,401$1,939$1,557$735
20 years$3,395$2,746$2,203$1,756$1,391$625
21 years$3,200$2,558$2,026$1,593$1,245$533
22 years$3,022$2,387$1,868$1,449$1,116$454
23 years$2,860$2,233$1,725$1,319$1,001$388
24 years$2,712$2,092$1,595$1,203$900$331
25 years$2,576$1,963$1,477$1,099$810$283
26 years$2,450$1,845$1,370$1,005$730$242
27 years$2,334$1,736$1,272$920$658$207
28 years$2,227$1,636$1,183$843$594$177
29 years$2,127$1,544$1,101$773$536$151
30 years$2,034$1,458$1,025$709$484$130
31 years$1,947$1,378$956$651$438$111
32 years$1,865$1,304$892$599$396$95
33 years$1,789$1,235$833$550$358$82
34 years$1,717$1,170$778$507$325$70
35 years$1,650$1,110$727$466$294$60
36 years$1,587$1,054$680$429$266$51
37 years$1,527$1,001$637$396$241$44
38 years$1,470$951$596$365$219$38
39 years$1,417$904$559$336$198$32
40 years$1,366$860$524$310$180$28
41 years$1,318$819$491$286$163$24
42 years$1,272$780$461$264$148$20
43 years$1,228$743$432$244$134$17
44 years$1,187$708$406$225$122$15
45 years$1,147$676$381$208$111$13
46 years$1,110$644$358$192$101$11
47 years$1,074$615$336$177$91$9
48 years$1,040$587$316$164$83$8
49 years$1,007$561$297$151$75$7
50 years$975$536$279$140$68$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $999,000, adding $2,975 every year, while hoping to spend $38,832 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: 44/42/14 Blend
51$999,000$999,000$999,000$999,000
52$1,103,967$1,051,020$1,035,535$1,147,966
53$1,175,254$1,061,203$1,028,909$1,189,173
54$1,252,512$1,070,583$1,020,759$1,229,679
55$1,336,307$1,079,081$1,010,993$1,272,735
56$1,427,265$1,086,610$999,516$1,318,592
57$1,526,072$1,093,080$986,226$1,367,529
58$1,633,484$1,098,393$971,017$1,419,855
59$1,750,332$1,102,448$953,778$1,475,911
60$1,877,531$1,105,133$934,395$1,536,075
61$2,016,087$1,106,332$912,745$1,600,768
62$2,167,108$1,105,922$888,702$1,670,452
63$2,331,812$1,103,772$862,133$1,745,643
64$2,511,542$1,099,742$832,900$1,826,910
65$2,707,773$1,093,683$800,856$1,914,881
66$2,922,132$1,085,440$765,851$2,010,255
67$3,156,408$1,074,844$727,725$2,113,803
68$3,412,570$1,061,721$686,312$2,226,378
69$3,692,789$1,045,881$641,440$2,348,925
70$3,999,452$1,027,128$592,927$2,482,488
71$4,335,190$1,005,252$540,584$2,628,223
72$4,702,899$980,028$484,213$2,787,408
73$5,105,768$951,223$423,608$2,961,456
74$5,547,309$918,586$358,552$3,151,928
75$6,031,392$881,853$288,820$3,360,552
76$6,562,275$840,746$214,177$3,589,236
77$7,144,653$794,969$134,378$3,840,091
78$7,783,694$744,208$49,166$4,115,448
79$8,485,091$688,135$0$4,417,884
80$9,255,116$626,399$0$4,756,484
81$10,100,676$558,631$0$5,136,398
82$11,029,382$484,440$0$5,553,791
83$12,049,617$403,416$0$6,012,546
84$13,170,615$315,121$0$6,516,949
85$14,402,552$219,095$0$7,071,730
86$15,756,635$114,853$0$7,682,109
87$17,245,212$1,882$0$8,353,847
88$18,881,888$0$0$9,093,303
89$20,681,652$0$0$9,963,117
90$22,661,017$0$0$10,920,824
91$24,838,177$0$0$11,974,373
92$27,233,178$0$0$13,133,483
93$29,868,107$0$0$14,408,860
94$32,767,298$0$0$15,812,301
95$35,957,565$0$0$17,356,807
96$39,468,451$0$0$19,056,699
97$43,332,509$0$0$20,927,760
98$47,585,607$0$0$22,987,378
99$52,267,266$0$0$25,254,713
100$57,421,033$0$0$27,750,880