Can I retire at age 52 with 949,000?

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 $949,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$78,368$77,669$76,988$76,324$75,675$73,666
2 years$38,796$38,073$37,373$36,694$36,036$34,026
3 years$25,607$24,881$24,183$23,510$22,862$20,915
4 years$19,014$18,290$17,599$16,938$16,306$14,435
5 years$15,059$14,340$13,657$13,010$12,395$10,606
6 years$12,423$11,710$11,037$10,404$9,808$8,103
7 years$10,541$9,834$9,172$8,554$7,977$6,355
8 years$9,131$8,429$7,779$7,176$6,617$5,079
9 years$8,034$7,339$6,700$6,112$5,573$4,116
10 years$7,157$6,469$5,841$5,269$4,748$3,371
11 years$6,440$5,759$5,142$4,585$4,084$2,785
12 years$5,843$5,169$4,564$4,022$3,539$2,315
13 years$5,338$4,671$4,077$3,551$3,086$1,935
14 years$4,906$4,246$3,663$3,152$2,705$1,624
15 years$4,532$3,879$3,308$2,811$2,382$1,368
16 years$4,204$3,559$2,999$2,517$2,105$1,156
17 years$3,916$3,278$2,729$2,261$1,866$979
18 years$3,660$3,029$2,491$2,038$1,660$831
19 years$3,431$2,807$2,280$1,842$1,479$706
20 years$3,225$2,608$2,093$1,668$1,321$601
21 years$3,039$2,430$1,925$1,514$1,182$513
22 years$2,871$2,268$1,774$1,376$1,060$437
23 years$2,717$2,121$1,638$1,253$951$374
24 years$2,576$1,987$1,515$1,143$855$319
25 years$2,447$1,865$1,403$1,044$769$273
26 years$2,327$1,753$1,301$955$693$234
27 years$2,217$1,650$1,209$874$625$200
28 years$2,115$1,554$1,123$801$564$171
29 years$2,020$1,466$1,045$734$509$147
30 years$1,932$1,385$974$674$460$126
31 years$1,849$1,309$908$619$416$108
32 years$1,772$1,239$847$569$376$92
33 years$1,700$1,173$791$523$340$79
34 years$1,632$1,112$739$481$308$68
35 years$1,568$1,055$691$443$279$58
36 years$1,507$1,001$646$408$253$50
37 years$1,450$951$605$376$229$43
38 years$1,397$903$566$346$208$37
39 years$1,346$859$531$319$189$32
40 years$1,297$817$497$295$171$27
41 years$1,252$778$466$272$155$23
42 years$1,208$741$438$251$141$20
43 years$1,167$706$411$232$128$17
44 years$1,128$673$385$214$116$15
45 years$1,090$642$362$197$105$13
46 years$1,054$612$340$182$96$11
47 years$1,020$584$319$169$87$9
48 years$988$558$300$156$79$8
49 years$956$533$282$144$72$7
50 years$927$509$265$133$65$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $949,000, adding $5,287 every year, while hoping to spend $57,237 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: 75/13/12 Blend
51$949,000$949,000$949,000$949,000
52$1,051,252$1,000,955$986,245$1,127,200
53$1,097,579$989,102$958,385$1,166,184
54$1,146,715$974,750$927,672$1,201,194
55$1,198,883$957,715$893,953$1,237,978
56$1,254,331$937,806$857,062$1,276,693
57$1,313,329$914,815$816,830$1,317,514
58$1,376,174$888,526$773,079$1,360,632
59$1,443,188$858,708$725,622$1,406,262
60$1,514,727$825,119$674,264$1,454,641
61$1,591,180$787,500$618,803$1,506,028
62$1,672,973$745,580$559,025$1,560,712
63$1,760,572$699,070$494,708$1,619,014
64$1,854,491$647,664$425,621$1,681,287
65$1,955,291$591,042$351,522$1,747,921
66$2,063,589$528,861$272,156$1,819,349
67$2,180,063$460,763$187,261$1,896,049
68$2,305,456$386,367$96,561$1,978,549
69$2,440,584$305,271$0$2,067,435
70$2,586,344$217,050$0$2,163,381
71$2,743,722$121,256$0$2,280,270
72$2,913,799$17,416$0$2,406,554
73$3,097,767$0$0$2,543,149
74$3,296,932$0$0$2,704,648
75$3,512,733$0$0$2,882,369
76$3,746,750$0$0$3,075,126
77$4,000,721$0$0$3,284,354
78$4,276,560$0$0$3,511,634
79$4,576,369$0$0$3,758,703
80$4,902,462$0$0$4,027,474
81$5,257,384$0$0$4,320,048
82$5,643,936$0$0$4,638,740
83$6,065,202$0$0$4,986,098
84$6,524,572$0$0$5,364,924
85$7,025,781$0$0$5,778,303
86$7,572,938$0$0$6,229,630
87$8,170,567$0$0$6,722,644
88$8,823,647$0$0$7,261,459
89$9,537,661$0$0$7,850,606
90$10,318,646$0$0$8,495,074
91$11,173,248$0$0$9,200,354
92$12,108,785$0$0$9,972,494
93$13,133,317$0$0$10,818,153
94$14,255,718$0$0$11,744,667
95$15,485,763$0$0$12,760,112
96$16,834,214$0$0$13,873,383
97$18,312,929$0$0$15,094,278
98$19,934,963$0$0$16,433,586
99$21,714,700$0$0$17,903,195
100$23,667,980$0$0$19,516,195