Can I retire at age 52 with 940,000?

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 $940,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$77,624$76,933$76,258$75,600$74,957$72,471
2 years$38,428$37,712$37,019$36,346$35,694$33,213
3 years$25,364$24,645$23,953$23,287$22,646$20,248
4 years$18,834$18,117$17,432$16,777$16,151$13,855
5 years$14,916$14,204$13,528$12,886$12,278$10,090
6 years$12,305$11,599$10,933$10,305$9,715$7,637
7 years$10,441$9,740$9,085$8,473$7,901$5,932
8 years$9,044$8,349$7,705$7,108$6,555$4,694
9 years$7,958$7,270$6,636$6,054$5,520$3,765
10 years$7,089$6,408$5,786$5,219$4,703$3,051
11 years$6,379$5,704$5,094$4,542$4,045$2,492
12 years$5,788$5,120$4,520$3,984$3,505$2,049
13 years$5,288$4,627$4,039$3,517$3,057$1,693
14 years$4,859$4,206$3,629$3,122$2,679$1,405
15 years$4,489$3,842$3,276$2,784$2,359$1,169
16 years$4,165$3,525$2,970$2,493$2,085$976
17 years$3,879$3,246$2,703$2,240$1,849$816
18 years$3,625$3,000$2,467$2,019$1,644$684
19 years$3,399$2,780$2,259$1,824$1,465$574
20 years$3,195$2,584$2,073$1,652$1,309$482
21 years$3,011$2,406$1,907$1,499$1,171$406
22 years$2,843$2,246$1,757$1,363$1,050$342
23 years$2,691$2,101$1,623$1,242$942$288
24 years$2,552$1,968$1,501$1,132$847$243
25 years$2,423$1,847$1,390$1,034$762$205
26 years$2,305$1,736$1,289$946$687$173
27 years$2,196$1,634$1,197$865$619$146
28 years$2,095$1,540$1,113$793$559$123
29 years$2,001$1,452$1,036$727$504$104
30 years$1,913$1,372$965$667$456$88
31 years$1,832$1,297$899$613$412$74
32 years$1,755$1,227$839$563$373$63
33 years$1,683$1,162$783$518$337$53
34 years$1,616$1,101$732$477$305$45
35 years$1,553$1,045$684$439$277$38
36 years$1,493$991$640$404$251$32
37 years$1,437$942$599$372$227$27
38 years$1,383$895$561$343$206$23
39 years$1,333$851$526$316$187$19
40 years$1,285$810$493$292$169$16
41 years$1,240$771$462$269$154$14
42 years$1,197$734$433$248$139$12
43 years$1,156$699$407$229$127$10
44 years$1,117$667$382$212$115$8
45 years$1,080$636$358$196$104$7
46 years$1,044$606$337$181$95$6
47 years$1,011$579$316$167$86$5
48 years$978$552$297$154$78$4
49 years$947$528$279$143$71$4
50 years$918$504$263$132$64$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $940,000, adding $6,276 every year, while hoping to spend $25,036 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: 33/37/30 Blend
51$940,000$940,000$940,000$940,000
52$1,042,354$992,534$977,964$1,067,112
53$1,122,036$1,014,530$984,087$1,108,573
54$1,209,006$1,036,764$989,577$1,150,584
55$1,303,982$1,059,223$994,385$1,195,384
56$1,407,753$1,081,890$998,462$1,243,238
57$1,521,187$1,104,746$1,001,754$1,294,438
58$1,645,242$1,127,772$1,004,206$1,349,308
59$1,780,970$1,150,946$1,005,761$1,408,205
60$1,929,532$1,174,246$1,006,357$1,471,521
61$2,092,205$1,197,644$1,005,930$1,539,693
62$2,270,395$1,221,114$1,004,414$1,613,199
63$2,465,651$1,244,625$1,001,737$1,692,570
64$2,679,679$1,268,143$997,827$1,778,390
65$2,914,357$1,291,633$992,606$1,871,304
66$3,171,756$1,315,057$985,992$1,972,026
67$3,454,153$1,338,373$977,901$2,081,341
68$3,764,059$1,361,536$968,243$2,200,118
69$4,104,240$1,384,498$956,926$2,329,314
70$4,477,741$1,407,207$943,852$2,469,987
71$4,887,917$1,429,607$928,918$2,623,303
72$5,338,465$1,451,638$912,017$2,790,551
73$5,833,457$1,473,236$893,037$2,973,151
74$6,377,377$1,494,332$871,861$3,172,672
75$6,975,167$1,514,852$848,367$3,390,844
76$7,632,272$1,534,718$822,425$3,629,577
77$8,354,689$1,553,845$793,902$3,890,977
78$9,149,027$1,572,142$762,657$4,177,369
79$10,022,565$1,589,515$728,543$4,491,318
80$10,983,324$1,605,859$691,407$4,835,654
81$12,040,143$1,621,065$651,088$5,213,498
82$13,202,757$1,635,017$607,419$5,628,293
83$14,481,895$1,647,590$560,225$6,083,840
84$15,889,378$1,658,651$509,322$6,584,327
85$17,438,229$1,668,059$454,519$7,134,378
86$19,142,800$1,675,665$395,616$7,739,091
87$21,018,901$1,681,309$332,405$8,404,091
88$23,083,956$1,684,820$264,668$9,135,579
89$25,357,163$1,686,019$192,177$9,940,396
90$27,859,673$1,684,715$114,695$10,826,088
91$30,614,797$1,680,702$31,974$11,800,975
92$33,648,216$1,673,766$0$12,874,232
93$36,988,231$1,663,678$0$14,074,003
94$40,666,027$1,650,194$0$15,405,516
95$44,715,965$1,633,057$0$16,870,923
96$49,175,910$1,611,994$0$18,483,884
97$54,087,585$1,586,714$0$20,259,462
98$59,496,966$1,556,911$0$22,214,255
99$65,454,717$1,522,259$0$24,366,560
100$72,016,663$1,482,415$0$26,736,546