Can I retire at age 52 with 941,000?

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 $941,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$77,707$77,015$76,339$75,680$75,037$72,751
2 years$38,469$37,752$37,058$36,385$35,732$33,449
3 years$25,391$24,672$23,979$23,312$22,670$20,461
4 years$18,854$18,136$17,451$16,795$16,168$14,050
5 years$14,932$14,219$13,542$12,900$12,291$10,270
6 years$12,319$11,611$10,944$10,316$9,725$7,803
7 years$10,453$9,751$9,095$8,482$7,909$6,085
8 years$9,054$8,358$7,713$7,115$6,562$4,835
9 years$7,966$7,277$6,643$6,060$5,526$3,894
10 years$7,097$6,415$5,792$5,224$4,708$3,170
11 years$6,386$5,711$5,099$4,547$4,049$2,601
12 years$5,794$5,125$4,525$3,988$3,509$2,149
13 years$5,293$4,632$4,043$3,521$3,060$1,784
14 years$4,865$4,210$3,633$3,125$2,682$1,487
15 years$4,493$3,846$3,280$2,787$2,362$1,244
16 years$4,169$3,529$2,974$2,496$2,087$1,043
17 years$3,883$3,250$2,706$2,242$1,851$877
18 years$3,629$3,003$2,470$2,021$1,646$739
19 years$3,402$2,783$2,261$1,826$1,467$624
20 years$3,198$2,586$2,075$1,654$1,310$527
21 years$3,014$2,409$1,909$1,501$1,172$446
22 years$2,847$2,249$1,759$1,365$1,051$377
23 years$2,694$2,103$1,624$1,243$943$320
24 years$2,554$1,971$1,502$1,134$848$271
25 years$2,426$1,849$1,391$1,035$763$230
26 years$2,308$1,738$1,290$947$687$195
27 years$2,199$1,636$1,198$866$620$166
28 years$2,097$1,541$1,114$794$559$141
29 years$2,003$1,454$1,037$728$505$120
30 years$1,915$1,373$966$668$456$102
31 years$1,834$1,298$900$614$412$86
32 years$1,757$1,228$840$564$373$73
33 years$1,685$1,163$784$519$338$62
34 years$1,618$1,102$733$477$306$53
35 years$1,554$1,046$685$439$277$45
36 years$1,495$992$641$404$251$38
37 years$1,438$943$600$373$227$33
38 years$1,385$896$562$344$206$28
39 years$1,334$852$526$317$187$24
40 years$1,286$810$493$292$170$20
41 years$1,241$771$463$270$154$17
42 years$1,198$735$434$249$140$15
43 years$1,157$700$407$230$127$12
44 years$1,118$667$382$212$115$11
45 years$1,081$636$359$196$104$9
46 years$1,045$607$337$181$95$8
47 years$1,012$579$317$167$86$7
48 years$979$553$298$154$78$6
49 years$948$528$280$143$71$5
50 years$919$504$263$132$64$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $941,000, adding $2,692 every year, while hoping to spend $32,393 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: 68/15/17 Blend
51$941,000$941,000$941,000$941,000
52$1,039,759$989,886$975,300$1,106,039
53$1,111,348$1,003,924$973,507$1,164,648
54$1,189,154$1,017,565$970,568$1,224,672
55$1,273,777$1,030,754$966,410$1,289,522
56$1,365,875$1,043,435$960,959$1,359,669
57$1,466,176$1,055,545$954,133$1,435,635
58$1,575,479$1,067,019$945,849$1,517,994
59$1,694,663$1,077,788$936,020$1,607,378
60$1,824,696$1,087,777$924,554$1,704,484
61$1,966,643$1,096,907$911,355$1,810,082
62$2,121,678$1,105,092$896,322$1,925,020
63$2,291,090$1,112,243$879,350$2,050,233
64$2,476,303$1,118,264$860,330$2,186,752
65$2,678,880$1,123,053$839,145$2,335,712
66$2,900,545$1,126,502$815,676$2,498,368
67$3,143,195$1,128,495$789,795$2,676,100
68$3,408,919$1,128,909$761,371$2,870,433
69$3,700,018$1,127,615$730,267$3,083,045
70$4,019,026$1,124,475$696,337$3,315,788
71$4,368,733$1,119,341$659,431$3,570,705
72$4,752,214$1,112,058$619,391$3,850,045
73$5,172,852$1,102,461$576,053$4,156,291
74$5,634,376$1,090,375$529,245$4,492,180
75$6,140,894$1,075,615$478,786$4,860,728
76$6,696,929$1,057,984$424,488$5,265,261
77$7,307,463$1,037,272$366,156$5,709,446
78$7,977,986$1,013,261$303,585$6,197,326
79$8,714,546$985,716$236,560$6,733,358
80$9,523,803$954,389$164,858$7,322,456
81$10,413,096$919,019$88,246$7,970,038
82$11,390,509$879,329$6,480$8,682,074
83$12,464,950$835,025$0$9,465,150
84$13,646,231$785,797$0$10,341,176
85$14,945,164$731,318$0$11,305,706
86$16,373,658$671,240$0$12,366,437
87$17,944,838$605,198$0$13,533,142
88$19,673,161$532,802$0$14,816,596
89$21,574,559$453,645$0$16,228,673
90$23,666,584$367,294$0$17,782,455
91$25,968,575$273,290$0$19,492,365
92$28,501,841$171,153$0$21,374,293
93$31,289,861$60,372$0$23,445,752
94$34,358,505$0$0$25,726,045
95$37,736,279$0$0$28,246,278
96$41,454,592$0$0$31,031,632
97$45,548,053$0$0$34,098,076
98$50,054,797$0$0$37,474,184
99$55,016,846$0$0$41,191,447
100$60,480,502$0$0$45,284,559