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%16.5%
1 years$82,496$81,762$81,045$80,345$79,662$77,547
2 years$40,840$40,079$39,342$38,627$37,934$35,819
3 years$26,956$26,192$25,457$24,749$24,067$22,017
4 years$20,016$19,254$18,526$17,830$17,165$15,195
5 years$15,852$15,095$14,377$13,695$13,048$11,165
6 years$13,078$12,327$11,619$10,952$10,325$8,530
7 years$11,097$10,352$9,655$9,004$8,397$6,690
8 years$9,612$8,873$8,188$7,554$6,966$5,347
9 years$8,457$7,726$7,053$6,434$5,866$4,333
10 years$7,534$6,810$6,149$5,546$4,998$3,549
11 years$6,779$6,063$5,413$4,827$4,299$2,931
12 years$6,151$5,441$4,804$4,234$3,725$2,437
13 years$5,620$4,917$4,292$3,738$3,248$2,037
14 years$5,164$4,470$3,857$3,318$2,848$1,710
15 years$4,770$4,083$3,482$2,959$2,507$1,440
16 years$4,426$3,746$3,157$2,650$2,216$1,217
17 years$4,122$3,450$2,873$2,381$1,965$1,031
18 years$3,853$3,188$2,622$2,145$1,747$875
19 years$3,612$2,955$2,401$1,939$1,557$744
20 years$3,395$2,746$2,203$1,756$1,391$633
21 years$3,200$2,558$2,026$1,593$1,245$540
22 years$3,022$2,387$1,868$1,449$1,116$461
23 years$2,860$2,233$1,725$1,319$1,001$393
24 years$2,712$2,092$1,595$1,203$900$336
25 years$2,576$1,963$1,477$1,099$810$287
26 years$2,450$1,845$1,370$1,005$730$246
27 years$2,334$1,736$1,272$920$658$211
28 years$2,227$1,636$1,183$843$594$180
29 years$2,127$1,544$1,101$773$536$154
30 years$2,034$1,458$1,025$709$484$132
31 years$1,947$1,378$956$651$438$113
32 years$1,865$1,304$892$599$396$97
33 years$1,789$1,235$833$550$358$83
34 years$1,717$1,170$778$507$325$72
35 years$1,650$1,110$727$466$294$61
36 years$1,587$1,054$680$429$266$53
37 years$1,527$1,001$637$396$241$45
38 years$1,470$951$596$365$219$39
39 years$1,417$904$559$336$198$33
40 years$1,366$860$524$310$180$29
41 years$1,318$819$491$286$163$24
42 years$1,272$780$461$264$148$21
43 years$1,228$743$432$244$134$18
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$10
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 $2,484 every year, while hoping to spend $56,434 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: 67/18/15 Blend
51$999,000$999,000$999,000$999,000
52$1,103,460$1,050,513$1,035,029$1,173,332
53$1,155,968$1,041,943$1,009,657$1,211,694
54$1,211,940$1,031,061$981,544$1,246,763
55$1,271,670$1,017,696$950,538$1,283,694
56$1,335,480$1,001,663$916,480$1,322,666
57$1,403,723$982,768$879,206$1,363,877
58$1,476,785$960,806$838,542$1,407,547
59$1,555,091$935,560$794,308$1,453,920
60$1,639,106$906,798$746,312$1,503,268
61$1,729,341$874,277$694,360$1,555,890
62$1,826,355$837,738$638,242$1,612,120
63$1,930,765$796,908$577,745$1,672,327
64$2,043,244$751,499$512,641$1,736,920
65$2,164,537$701,204$442,696$1,806,354
66$2,295,457$645,700$367,664$1,881,131
67$2,436,900$584,646$287,287$1,961,808
68$2,589,851$517,680$201,298$2,049,003
69$2,755,391$444,422$109,416$2,143,399
70$2,934,709$364,467$11,350$2,245,752
71$3,129,113$277,389$0$2,356,901
72$3,340,041$182,739$0$2,492,706
73$3,569,074$80,042$0$2,642,171
74$3,817,951$0$0$2,804,665
75$4,088,586$0$0$2,987,682
76$4,383,083$0$0$3,204,142
77$4,703,759$0$0$3,439,900
78$5,053,163$0$0$3,696,837
79$5,434,099$0$0$3,977,023
80$5,849,654$0$0$4,282,735
81$6,303,226$0$0$4,616,482
82$6,798,555$0$0$4,981,024
83$7,339,758$0$0$5,379,399
84$7,931,368$0$0$5,814,954
85$8,578,375$0$0$6,291,370
86$9,286,274$0$0$6,812,705
87$10,061,115$0$0$7,383,424
88$10,909,561$0$0$8,008,445
89$11,838,948$0$0$8,693,183
90$12,857,355$0$0$9,443,603
91$13,973,682$0$0$10,266,272
92$15,197,727$0$0$11,168,426
93$16,540,285$0$0$12,158,031
94$18,013,245$0$0$13,243,865
95$19,629,700$0$0$14,435,593
96$21,404,076$0$0$15,743,865
97$23,352,260$0$0$17,180,410
98$25,491,756$0$0$18,758,148
99$27,841,844$0$0$20,491,313
100$30,423,763$0$0$22,395,586