Can I retire at age 52 with 945,000?

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 $945,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$78,037$77,342$76,664$76,002$75,356$73,119
2 years$38,632$37,913$37,215$36,539$35,884$33,649
3 years$25,499$24,776$24,081$23,411$22,766$20,603
4 years$18,934$18,213$17,525$16,866$16,237$14,162
5 years$14,996$14,279$13,600$12,955$12,343$10,363
6 years$12,371$11,660$10,991$10,360$9,767$7,882
7 years$10,497$9,792$9,133$8,518$7,943$6,154
8 years$9,092$8,394$7,746$7,145$6,589$4,895
9 years$8,000$7,308$6,671$6,086$5,549$3,948
10 years$7,127$6,442$5,816$5,246$4,728$3,217
11 years$6,413$5,735$5,121$4,566$4,066$2,644
12 years$5,818$5,147$4,544$4,005$3,524$2,186
13 years$5,316$4,652$4,060$3,536$3,073$1,818
14 years$4,885$4,228$3,648$3,139$2,694$1,517
15 years$4,513$3,863$3,294$2,799$2,372$1,271
16 years$4,187$3,544$2,986$2,506$2,096$1,068
17 years$3,900$3,264$2,717$2,252$1,859$899
18 years$3,645$3,016$2,481$2,029$1,653$759
19 years$3,417$2,795$2,271$1,834$1,473$641
20 years$3,212$2,597$2,084$1,661$1,316$542
21 years$3,027$2,419$1,917$1,507$1,177$460
22 years$2,859$2,258$1,767$1,370$1,055$390
23 years$2,705$2,112$1,631$1,248$947$331
24 years$2,565$1,979$1,509$1,138$852$281
25 years$2,436$1,857$1,397$1,040$766$239
26 years$2,318$1,745$1,296$951$690$203
27 years$2,208$1,643$1,203$870$622$173
28 years$2,106$1,548$1,119$797$561$147
29 years$2,012$1,460$1,041$731$507$125
30 years$1,924$1,379$970$671$458$106
31 years$1,841$1,304$904$616$414$91
32 years$1,764$1,233$843$566$375$77
33 years$1,692$1,168$788$521$339$66
34 years$1,625$1,107$736$479$307$56
35 years$1,561$1,050$688$441$278$48
36 years$1,501$997$644$406$252$41
37 years$1,444$947$602$374$228$35
38 years$1,391$900$564$345$207$29
39 years$1,340$855$529$318$188$25
40 years$1,292$814$495$293$170$21
41 years$1,246$775$464$271$154$18
42 years$1,203$738$436$250$140$16
43 years$1,162$703$409$231$127$13
44 years$1,123$670$384$213$115$11
45 years$1,085$639$360$197$105$10
46 years$1,050$610$338$182$95$8
47 years$1,016$582$318$168$86$7
48 years$983$555$299$155$78$6
49 years$952$530$281$143$71$5
50 years$923$507$264$132$65$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $945,000, adding $4,826 every year, while hoping to spend $29,860 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: 60/10/30 Blend
51$945,000$945,000$945,000$945,000
52$1,046,368$996,283$981,636$1,100,346
53$1,121,327$1,013,330$982,750$1,154,840
54$1,202,930$1,030,212$982,900$1,210,691
55$1,291,826$1,046,888$982,023$1,271,024
56$1,388,723$1,063,317$980,052$1,336,286
57$1,494,406$1,079,452$976,917$1,406,968
58$1,609,735$1,095,246$972,544$1,483,610
59$1,735,659$1,110,644$966,855$1,566,812
60$1,873,222$1,125,591$959,771$1,657,232
61$2,023,573$1,140,028$951,205$1,755,598
62$2,187,978$1,153,889$941,071$1,862,711
63$2,367,828$1,167,106$929,273$1,979,458
64$2,564,659$1,179,606$915,716$2,106,814
65$2,780,158$1,191,312$900,297$2,245,857
66$3,016,187$1,202,138$882,909$2,397,774
67$3,274,793$1,211,998$863,441$2,563,876
68$3,558,231$1,220,795$841,777$2,745,609
69$3,868,987$1,228,431$817,792$2,944,567
70$4,209,796$1,234,796$791,361$3,162,508
71$4,583,672$1,239,778$762,348$3,401,371
72$4,993,935$1,243,255$730,614$3,663,295
73$5,444,240$1,245,098$696,014$3,950,640
74$5,938,615$1,245,171$658,393$4,266,006
75$6,481,497$1,243,327$617,593$4,612,262
76$7,077,773$1,239,414$573,445$4,992,572
77$7,732,827$1,233,266$525,777$5,410,425
78$8,452,590$1,224,710$474,405$5,869,667
79$9,243,595$1,213,562$419,138$6,374,540
80$10,113,042$1,199,627$359,779$6,929,723
81$11,068,860$1,182,696$296,120$7,540,372
82$12,119,786$1,162,551$227,942$8,212,175
83$13,275,447$1,138,958$155,021$8,951,401
84$14,546,447$1,111,672$77,119$9,764,964
85$15,944,473$1,080,432$0$10,660,486
86$17,482,397$1,044,961$0$11,648,297
87$19,174,404$1,004,967$0$12,762,206
88$21,036,123$960,140$0$13,987,800
89$23,084,774$910,153$0$15,336,432
90$25,339,331$854,661$0$16,820,609
91$27,820,700$793,297$0$18,454,115
92$30,551,917$725,674$0$20,252,141
93$33,558,363$651,382$0$22,231,426
94$36,868,006$569,990$0$24,410,415
95$40,511,664$481,041$0$26,809,436
96$44,523,293$384,052$0$29,450,890
97$48,940,311$278,512$0$32,359,462
98$53,803,947$163,883$0$35,562,358
99$59,159,634$39,598$0$39,089,555
100$65,057,432$0$0$42,974,091