Can I retire at age 52 with 924,000?

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 $924,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$76,303$75,623$74,960$74,313$73,681$72,223
2 years$37,774$37,070$36,388$35,727$35,086$33,623
3 years$24,932$24,226$23,546$22,891$22,260$20,838
4 years$18,513$17,809$17,135$16,492$15,876$14,506
5 years$14,662$13,962$13,298$12,667$12,069$10,754
6 years$12,096$11,401$10,747$10,130$9,550$8,292
7 years$10,264$9,575$8,930$8,328$7,766$6,567
8 years$8,890$8,207$7,574$6,987$6,443$5,300
9 years$7,822$7,146$6,523$5,951$5,426$4,339
10 years$6,968$6,299$5,687$5,130$4,623$3,592
11 years$6,270$5,607$5,007$4,464$3,976$2,999
12 years$5,689$5,033$4,443$3,916$3,446$2,521
13 years$5,198$4,548$3,970$3,457$3,005$2,131
14 years$4,777$4,134$3,567$3,069$2,634$1,810
15 years$4,412$3,777$3,221$2,737$2,319$1,543
16 years$4,094$3,465$2,920$2,451$2,050$1,320
17 years$3,813$3,191$2,657$2,202$1,817$1,131
18 years$3,564$2,949$2,425$1,984$1,616$972
19 years$3,341$2,733$2,220$1,793$1,440$837
20 years$3,140$2,540$2,038$1,624$1,286$722
21 years$2,959$2,366$1,874$1,474$1,151$623
22 years$2,795$2,208$1,728$1,340$1,032$539
23 years$2,645$2,065$1,595$1,220$926$466
24 years$2,508$1,935$1,475$1,113$833$404
25 years$2,382$1,816$1,366$1,017$749$350
26 years$2,266$1,707$1,267$929$675$304
27 years$2,159$1,606$1,177$851$608$264
28 years$2,059$1,513$1,094$779$549$229
29 years$1,967$1,428$1,018$715$496$199
30 years$1,881$1,348$948$656$448$173
31 years$1,800$1,275$884$602$405$150
32 years$1,725$1,206$825$554$366$131
33 years$1,655$1,142$770$509$332$114
34 years$1,589$1,083$720$468$300$99
35 years$1,526$1,027$673$431$272$86
36 years$1,468$975$629$397$246$75
37 years$1,412$926$589$366$223$65
38 years$1,360$880$552$337$202$57
39 years$1,310$836$517$311$184$49
40 years$1,263$796$484$287$166$43
41 years$1,219$758$454$265$151$37
42 years$1,176$721$426$244$137$33
43 years$1,136$687$400$225$124$28
44 years$1,098$655$375$208$113$25
45 years$1,061$625$352$192$102$21
46 years$1,027$596$331$178$93$19
47 years$993$569$311$164$84$16
48 years$962$543$292$152$77$14
49 years$931$519$275$140$70$12
50 years$902$495$258$130$63$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $924,000, adding $5,426 every year, while hoping to spend $33,459 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: 72/13/15 Blend
51$924,000$924,000$924,000$924,000
52$1,023,845$974,873$960,551$1,093,738
53$1,092,677$987,042$957,129$1,152,976
54$1,167,409$998,685$952,472$1,213,231
55$1,248,606$1,009,742$946,501$1,278,337
56$1,336,892$1,020,148$939,137$1,348,766
57$1,432,953$1,029,833$930,296$1,425,039
58$1,537,543$1,038,724$919,890$1,507,731
59$1,651,491$1,046,740$907,825$1,597,476
60$1,775,711$1,053,798$894,005$1,694,972
61$1,911,208$1,059,809$878,329$1,800,989
62$2,059,089$1,064,677$860,690$1,916,375
63$2,220,571$1,068,302$840,979$2,042,065
64$2,396,995$1,070,574$819,077$2,179,092
65$2,589,838$1,071,381$794,865$2,328,591
66$2,800,723$1,070,600$768,215$2,491,815
67$3,031,440$1,068,103$738,993$2,670,147
68$3,283,959$1,063,752$707,062$2,865,109
69$3,560,449$1,057,402$672,275$3,078,380
70$3,863,299$1,048,900$634,480$3,311,812
71$4,195,140$1,038,081$593,520$3,567,444
72$4,558,870$1,024,771$549,228$3,847,526
73$4,957,678$1,008,788$501,430$4,154,538
74$5,395,079$989,937$449,946$4,491,215
75$5,874,944$968,011$394,587$4,860,569
76$6,401,537$942,793$335,154$5,265,925
77$6,979,554$914,050$271,442$5,710,944
78$7,614,168$881,538$203,235$6,199,665
79$8,311,078$844,997$130,308$6,736,539
80$9,076,560$804,155$52,426$7,326,474
81$9,917,532$758,721$0$7,974,878
82$10,841,610$708,388$0$8,692,627
83$11,857,187$652,832$0$9,490,657
84$12,973,510$591,710$0$10,367,858
85$14,200,765$524,661$0$11,332,261
86$15,550,174$451,301$0$12,392,720
87$17,034,102$371,225$0$13,558,990
88$18,666,173$284,007$0$14,841,819
89$20,461,394$189,195$0$16,253,057
90$22,436,302$86,312$0$17,805,758
91$24,609,119$0$0$19,514,310
92$26,999,918$0$0$21,398,166
93$29,630,821$0$0$23,484,853
94$32,526,197$0$0$25,781,360
95$35,712,903$0$0$28,308,994
96$39,220,528$0$0$31,091,231
97$43,081,675$0$0$34,153,941
98$47,332,269$0$0$37,525,625
99$52,011,897$0$0$41,237,694
100$57,164,176$0$0$45,324,753