Can I retire at age 52 with 953,000?

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 $953,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$78,698$77,997$77,313$76,645$75,994$73,502
2 years$38,959$38,234$37,531$36,849$36,187$33,701
3 years$25,715$24,986$24,285$23,609$22,959$20,556
4 years$19,094$18,367$17,673$17,009$16,374$14,073
5 years$15,122$14,400$13,715$13,065$12,448$10,254
6 years$12,476$11,759$11,084$10,448$9,849$7,765
7 years$10,586$9,875$9,211$8,590$8,010$6,035
8 years$9,169$8,465$7,811$7,206$6,645$4,778
9 years$8,068$7,370$6,728$6,138$5,596$3,835
10 years$7,187$6,496$5,866$5,291$4,768$3,110
11 years$6,467$5,783$5,164$4,605$4,101$2,542
12 years$5,868$5,191$4,583$4,039$3,554$2,091
13 years$5,361$4,691$4,095$3,566$3,099$1,729
14 years$4,927$4,264$3,679$3,165$2,716$1,435
15 years$4,551$3,895$3,322$2,823$2,392$1,196
16 years$4,222$3,574$3,012$2,528$2,114$999
17 years$3,933$3,291$2,740$2,271$1,874$836
18 years$3,675$3,041$2,502$2,047$1,667$701
19 years$3,446$2,819$2,290$1,849$1,485$589
20 years$3,239$2,619$2,102$1,675$1,327$495
21 years$3,052$2,440$1,933$1,520$1,187$417
22 years$2,883$2,277$1,782$1,382$1,064$351
23 years$2,728$2,130$1,645$1,259$955$296
24 years$2,587$1,996$1,521$1,148$859$250
25 years$2,457$1,873$1,409$1,048$773$211
26 years$2,337$1,760$1,307$959$696$178
27 years$2,227$1,657$1,214$877$628$151
28 years$2,124$1,561$1,128$804$566$127
29 years$2,029$1,473$1,050$737$511$108
30 years$1,940$1,391$978$677$462$91
31 years$1,857$1,315$912$621$418$77
32 years$1,779$1,244$851$571$378$65
33 years$1,707$1,178$794$525$342$55
34 years$1,638$1,117$742$483$310$47
35 years$1,574$1,059$694$445$280$39
36 years$1,514$1,005$649$410$254$33
37 years$1,456$955$607$377$230$28
38 years$1,402$907$569$348$209$24
39 years$1,351$863$533$321$189$20
40 years$1,303$821$500$296$172$17
41 years$1,257$781$468$273$156$15
42 years$1,213$744$439$252$141$12
43 years$1,172$709$412$233$128$10
44 years$1,132$676$387$215$116$9
45 years$1,095$644$363$198$106$7
46 years$1,059$615$341$183$96$6
47 years$1,024$587$321$169$87$5
48 years$992$560$301$156$79$5
49 years$960$535$283$145$72$4
50 years$930$511$266$134$65$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $953,000, adding $4,254 every year, while hoping to spend $38,320 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: 24/50/26 Blend
51$953,000$953,000$953,000$953,000
52$1,054,594$1,004,085$989,314$1,071,147
53$1,121,390$1,012,513$981,683$1,093,789
54$1,193,716$1,020,070$972,513$1,114,491
55$1,272,093$1,026,672$961,711$1,135,857
56$1,357,099$1,032,231$949,181$1,157,967
57$1,449,366$1,036,653$934,821$1,180,911
58$1,549,590$1,039,837$918,526$1,204,794
59$1,658,537$1,041,678$900,186$1,229,732
60$1,777,050$1,042,063$879,684$1,255,858
61$1,906,055$1,040,870$856,899$1,283,322
62$2,046,573$1,037,973$831,706$1,312,291
63$2,199,726$1,033,236$803,970$1,342,958
64$2,366,749$1,026,515$773,554$1,375,535
65$2,549,002$1,017,659$740,313$1,410,264
66$2,747,981$1,006,506$704,094$1,447,416
67$2,965,334$992,883$664,741$1,487,292
68$3,202,875$976,611$622,086$1,530,235
69$3,462,599$957,496$575,957$1,576,624
70$3,746,706$935,336$526,174$1,626,886
71$4,057,616$909,913$472,546$1,681,496
72$4,397,994$881,000$414,878$1,740,988
73$4,770,776$848,355$352,962$1,805,955
74$5,179,193$811,723$286,585$1,877,061
75$5,626,805$770,832$215,520$1,955,045
76$6,117,533$725,396$139,533$2,040,730
77$6,655,694$675,113$58,381$2,135,034
78$7,246,044$619,663$0$2,238,978
79$7,893,821$558,707$0$2,361,529
80$8,604,794$491,887$0$2,513,914
81$9,385,320$418,826$0$2,681,400
82$10,242,399$339,125$0$2,865,631
83$11,183,742$252,361$0$3,068,424
84$12,217,846$158,089$0$3,291,791
85$13,354,070$55,839$0$3,537,960
86$14,602,724$0$0$3,809,398
87$15,975,166$0$0$4,139,030
88$17,483,911$0$0$4,535,351
89$19,142,745$0$0$4,971,283
90$20,966,857$0$0$5,450,839
91$22,972,983$0$0$5,978,443
92$25,179,560$0$0$6,558,969
93$27,606,903$0$0$7,197,786
94$30,277,394$0$0$7,900,811
95$33,215,695$0$0$8,674,564
96$36,448,978$0$0$9,526,228
97$40,007,183$0$0$10,463,717
98$43,923,296$0$0$11,495,753
99$48,233,668$0$0$12,631,946
100$52,978,349$0$0$13,882,885