Can I retire at age 52 with 960,000?

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 $960,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$79,276$78,570$77,881$77,208$76,552$75,784
2 years$39,245$38,515$37,806$37,119$36,453$35,680
3 years$25,904$25,170$24,463$23,783$23,127$22,372
4 years$19,234$18,502$17,803$17,134$16,495$15,764
5 years$15,234$14,506$13,816$13,161$12,539$11,835
6 years$12,567$11,845$11,165$10,525$9,922$9,245
7 years$10,664$9,948$9,278$8,653$8,069$7,420
8 years$9,236$8,527$7,869$7,259$6,694$6,072
9 years$8,127$7,424$6,777$6,183$5,637$5,043
10 years$7,240$6,544$5,909$5,330$4,803$4,236
11 years$6,515$5,826$5,202$4,638$4,131$3,590
12 years$5,911$5,229$4,617$4,068$3,580$3,065
13 years$5,400$4,725$4,125$3,592$3,122$2,632
14 years$4,963$4,295$3,706$3,188$2,736$2,271
15 years$4,584$3,924$3,346$2,844$2,409$1,968
16 years$4,253$3,600$3,034$2,546$2,129$1,712
17 years$3,961$3,316$2,760$2,288$1,888$1,493
18 years$3,702$3,064$2,520$2,062$1,679$1,305
19 years$3,471$2,839$2,307$1,863$1,496$1,144
20 years$3,263$2,639$2,117$1,687$1,337$1,004
21 years$3,075$2,458$1,947$1,531$1,196$883
22 years$2,904$2,294$1,795$1,392$1,072$777
23 years$2,748$2,146$1,657$1,268$962$685
24 years$2,606$2,010$1,533$1,156$865$605
25 years$2,475$1,887$1,420$1,056$778$534
26 years$2,354$1,773$1,317$966$701$472
27 years$2,243$1,669$1,223$884$632$418
28 years$2,140$1,572$1,136$810$570$370
29 years$2,044$1,483$1,058$743$515$328
30 years$1,954$1,401$985$682$465$291
31 years$1,871$1,324$918$626$421$258
32 years$1,792$1,253$857$575$381$229
33 years$1,719$1,187$800$529$344$203
34 years$1,650$1,125$748$487$312$180
35 years$1,586$1,067$699$448$282$160
36 years$1,525$1,013$654$413$256$142
37 years$1,467$962$612$380$232$126
38 years$1,413$914$573$350$210$112
39 years$1,361$869$537$323$191$99
40 years$1,312$827$503$298$173$88
41 years$1,266$787$472$275$157$79
42 years$1,222$750$443$254$142$70
43 years$1,180$714$415$234$129$62
44 years$1,141$681$390$216$117$55
45 years$1,103$649$366$200$106$49
46 years$1,067$619$344$185$97$44
47 years$1,032$591$323$170$88$39
48 years$999$564$304$158$80$34
49 years$967$539$285$146$72$31
50 years$937$515$268$135$66$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $960,000, adding $2,401 every year, while hoping to spend $43,811 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: 44/50/6 Blend
51$960,000$960,000$960,000$960,000
52$1,060,397$1,009,517$994,637$1,105,157
53$1,121,943$1,012,368$981,342$1,139,176
54$1,188,298$1,013,892$966,134$1,171,311
55$1,259,907$1,013,975$948,902$1,205,115
56$1,337,257$1,012,500$929,531$1,240,758
57$1,420,886$1,009,341$907,899$1,278,425
58$1,511,383$1,004,365$883,880$1,318,324
59$1,609,395$997,430$857,341$1,360,688
60$1,715,637$988,387$828,145$1,405,775
61$1,830,890$977,077$796,147$1,453,873
62$1,956,018$963,330$761,194$1,505,302
63$2,091,967$946,969$723,130$1,560,417
64$2,239,781$927,804$681,788$1,619,617
65$2,400,607$905,634$636,996$1,683,340
66$2,575,706$880,248$588,573$1,752,076
67$2,766,468$851,420$536,330$1,826,370
68$2,974,421$818,913$480,070$1,906,825
69$3,201,248$782,475$419,588$1,994,114
70$3,448,798$741,839$354,667$2,088,979
71$3,719,111$696,725$285,084$2,192,249
72$4,014,430$646,834$210,604$2,304,840
73$4,337,224$591,852$130,982$2,427,770
74$4,690,213$531,445$45,962$2,562,166
75$5,076,391$465,261$0$2,709,281
76$5,499,054$392,930$0$2,873,365
77$5,961,831$314,057$0$3,056,416
78$6,468,721$228,230$0$3,257,209
79$7,024,126$135,008$0$3,477,649
80$7,632,893$33,929$0$3,719,843
81$8,300,362$0$0$3,986,125
82$9,032,413$0$0$4,320,611
83$9,835,525$0$0$4,708,165
84$10,716,830$0$0$5,133,574
85$11,684,188$0$0$5,600,649
86$12,746,256$0$0$6,113,583
87$13,912,568$0$0$6,677,000
88$15,193,629$0$0$7,295,989
89$16,601,011$0$0$7,976,161
90$18,147,460$0$0$8,723,694
91$19,847,022$0$0$9,545,394
92$21,715,168$0$0$10,448,763
93$23,768,943$0$0$11,442,062
94$26,027,126$0$0$12,534,394
95$28,510,406$0$0$13,735,790
96$31,241,579$0$0$15,057,298
97$34,245,760$0$0$16,511,095
98$37,550,620$0$0$18,110,595
99$41,186,648$0$0$19,870,578
100$45,187,434$0$0$21,807,330