Can I retire at age 52 with 942,000?

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 $942,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$77,789$77,097$76,421$75,761$75,116$72,365
2 years$38,510$37,792$37,097$36,423$35,770$33,028
3 years$25,418$24,698$24,004$23,337$22,694$20,049
4 years$18,874$18,155$17,469$16,813$16,185$13,657
5 years$14,948$14,234$13,557$12,914$12,304$9,898
6 years$12,332$11,623$10,956$10,327$9,736$7,455
7 years$10,464$9,761$9,104$8,491$7,918$5,761
8 years$9,063$8,367$7,721$7,123$6,568$4,534
9 years$7,975$7,285$6,650$6,067$5,532$3,617
10 years$7,104$6,421$5,798$5,230$4,713$2,914
11 years$6,393$5,717$5,104$4,551$4,054$2,367
12 years$5,800$5,131$4,530$3,992$3,513$1,934
13 years$5,299$4,637$4,047$3,525$3,063$1,588
14 years$4,870$4,215$3,636$3,129$2,685$1,310
15 years$4,498$3,850$3,283$2,790$2,364$1,083
16 years$4,173$3,533$2,977$2,498$2,089$898
17 years$3,887$3,253$2,709$2,245$1,853$746
18 years$3,633$3,006$2,473$2,023$1,647$621
19 years$3,406$2,786$2,264$1,828$1,468$518
20 years$3,202$2,589$2,077$1,656$1,312$432
21 years$3,017$2,412$1,911$1,503$1,174$361
22 years$2,850$2,251$1,761$1,366$1,052$302
23 years$2,697$2,105$1,626$1,244$944$253
24 years$2,557$1,973$1,504$1,135$849$211
25 years$2,429$1,851$1,393$1,036$764$177
26 years$2,310$1,740$1,292$948$688$148
27 years$2,201$1,637$1,200$867$620$124
28 years$2,100$1,543$1,115$795$560$104
29 years$2,005$1,456$1,038$729$505$87
30 years$1,918$1,375$967$669$457$73
31 years$1,836$1,299$901$614$413$62
32 years$1,759$1,230$841$564$373$52
33 years$1,687$1,164$785$519$338$43
34 years$1,619$1,104$734$478$306$36
35 years$1,556$1,047$686$440$277$31
36 years$1,496$994$642$405$251$26
37 years$1,440$944$600$373$228$22
38 years$1,386$897$562$344$206$18
39 years$1,336$853$527$317$187$15
40 years$1,288$811$494$292$170$13
41 years$1,242$772$463$270$154$11
42 years$1,199$736$434$249$140$9
43 years$1,158$701$408$230$127$8
44 years$1,119$668$383$212$115$6
45 years$1,082$637$359$196$104$5
46 years$1,047$608$337$181$95$4
47 years$1,013$580$317$167$86$4
48 years$980$554$298$155$78$3
49 years$949$529$280$143$71$3
50 years$920$505$263$132$65$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $942,000, adding $3,172 every year, while hoping to spend $38,089 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: 56/19/25 Blend
51$942,000$942,000$942,000$942,000
52$1,041,356$991,430$976,829$1,092,387
53$1,107,048$999,484$969,026$1,135,792
54$1,178,164$1,006,655$959,686$1,178,791
55$1,255,217$1,012,862$948,715$1,224,843
56$1,338,771$1,018,014$936,019$1,274,254
57$1,429,446$1,022,017$921,497$1,327,362
58$1,527,925$1,024,772$905,043$1,384,541
59$1,634,959$1,026,171$886,547$1,446,205
60$1,751,372$1,026,100$865,893$1,512,810
61$1,878,073$1,024,441$842,962$1,584,863
62$2,016,062$1,021,063$817,626$1,662,922
63$2,166,437$1,015,833$789,754$1,747,604
64$2,330,411$1,008,605$759,208$1,839,593
65$2,509,314$999,228$725,842$1,939,642
66$2,704,613$987,539$689,507$2,048,586
67$2,917,922$973,367$650,044$2,167,345
68$3,151,018$956,530$607,288$2,296,937
69$3,405,856$936,835$561,067$2,438,488
70$3,684,592$914,078$511,201$2,593,238
71$3,989,596$888,043$457,502$2,762,560
72$4,323,479$858,502$399,773$2,947,970
73$4,689,117$825,212$337,808$3,151,139
74$5,089,676$787,917$271,394$3,373,917
75$5,528,644$746,345$200,307$3,618,343
76$6,009,861$700,212$124,313$3,886,671
77$6,537,557$649,212$43,167$4,181,387
78$7,116,391$593,026$0$4,505,236
79$7,751,494$531,315$0$4,872,836
80$8,448,518$463,722$0$5,288,986
81$9,213,689$389,866$0$5,745,927
82$10,053,865$309,350$0$6,247,811
83$10,976,601$221,750$0$6,799,214
84$11,990,220$126,621$0$7,405,184
85$13,103,889$23,492$0$8,071,284
86$14,327,708$0$0$8,803,647
87$15,672,804$0$0$9,627,461
88$17,151,436$0$0$10,538,551
89$18,777,108$0$0$11,540,338
90$20,564,700$0$0$12,642,004
91$22,530,604$0$0$13,853,663
92$24,692,883$0$0$15,186,460
93$27,071,435$0$0$16,652,674
94$29,688,185$0$0$18,265,833
95$32,567,291$0$0$20,040,843
96$35,735,369$0$0$21,994,129
97$39,221,747$0$0$24,143,788
98$43,058,739$0$0$26,509,759
99$47,281,949$0$0$29,114,014
100$51,930,611$0$0$31,980,760