Can I retire at age 52 with 961,000?

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 $961,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$79,358$78,652$77,962$77,289$76,631$74,447
2 years$39,286$38,555$37,846$37,158$36,491$34,307
3 years$25,931$25,196$24,489$23,808$23,152$21,037
4 years$19,254$18,522$17,821$17,152$16,512$14,482
5 years$15,249$14,521$13,830$13,174$12,552$10,613
6 years$12,580$11,858$11,177$10,536$9,932$8,086
7 years$10,675$9,958$9,288$8,662$8,077$6,324
8 years$9,246$8,536$7,877$7,266$6,701$5,039
9 years$8,135$7,432$6,784$6,189$5,643$4,072
10 years$7,248$6,551$5,915$5,335$4,808$3,325
11 years$6,522$5,832$5,207$4,643$4,135$2,737
12 years$5,917$5,234$4,621$4,073$3,584$2,268
13 years$5,406$4,730$4,129$3,596$3,125$1,889
14 years$4,968$4,300$3,710$3,192$2,739$1,581
15 years$4,589$3,928$3,349$2,847$2,412$1,327
16 years$4,258$3,604$3,037$2,549$2,132$1,117
17 years$3,966$3,319$2,763$2,290$1,890$943
18 years$3,706$3,067$2,523$2,064$1,681$797
19 years$3,474$2,842$2,309$1,865$1,498$675
20 years$3,266$2,641$2,119$1,689$1,338$573
21 years$3,078$2,460$1,949$1,533$1,197$486
22 years$2,907$2,297$1,797$1,394$1,073$413
23 years$2,751$2,148$1,659$1,269$963$351
24 years$2,609$2,012$1,534$1,158$866$299
25 years$2,478$1,889$1,421$1,057$779$255
26 years$2,357$1,775$1,318$967$702$217
27 years$2,245$1,670$1,224$885$633$185
28 years$2,142$1,574$1,138$811$571$158
29 years$2,046$1,485$1,059$743$516$135
30 years$1,956$1,402$986$682$466$115
31 years$1,873$1,326$919$627$421$98
32 years$1,794$1,254$858$576$381$84
33 years$1,721$1,188$801$530$345$72
34 years$1,652$1,126$748$487$312$61
35 years$1,587$1,068$700$449$283$52
36 years$1,526$1,014$654$413$256$45
37 years$1,469$963$613$381$232$38
38 years$1,414$915$574$351$211$33
39 years$1,363$870$537$323$191$28
40 years$1,314$828$504$298$173$24
41 years$1,268$788$472$275$157$20
42 years$1,223$750$443$254$143$17
43 years$1,182$715$416$235$129$15
44 years$1,142$681$390$217$117$13
45 years$1,104$650$366$200$107$11
46 years$1,068$620$344$185$97$9
47 years$1,033$592$323$171$88$8
48 years$1,000$565$304$158$80$7
49 years$968$539$286$146$72$6
50 years$938$515$269$135$66$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $961,000, adding $4,244 every year, while hoping to spend $58,946 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: 40/31/29 Blend
51$961,000$961,000$961,000$961,000
52$1,063,400$1,012,467$997,571$1,096,690
53$1,109,148$999,359$968,272$1,108,221
54$1,157,588$983,634$936,015$1,114,921
55$1,208,930$965,101$900,640$1,121,058
56$1,263,407$943,557$861,978$1,126,616
57$1,321,273$918,790$819,852$1,131,586
58$1,382,805$890,572$774,079$1,135,961
59$1,448,305$858,665$724,465$1,139,739
60$1,518,107$822,814$670,810$1,142,924
61$1,592,574$782,752$612,902$1,145,527
62$1,672,105$738,195$550,523$1,147,565
63$1,757,137$688,843$483,442$1,149,065
64$1,848,147$634,379$411,419$1,150,062
65$1,945,662$574,468$334,206$1,150,604
66$2,050,257$508,754$251,539$1,150,752
67$2,162,564$436,864$163,146$1,150,581
68$2,283,276$358,401$68,742$1,150,181
69$2,413,155$272,947$0$1,149,665
70$2,553,037$180,062$0$1,159,067
71$2,703,840$79,278$0$1,191,984
72$2,866,571$0$0$1,227,405
73$3,042,341$0$0$1,275,849
74$3,232,364$0$0$1,357,557
75$3,437,982$0$0$1,446,075
76$3,660,663$0$0$1,542,047
77$3,902,026$0$0$1,646,185
78$4,163,850$0$0$1,759,271
79$4,448,089$0$0$1,882,165
80$4,756,897$0$0$2,015,813
81$5,092,638$0$0$2,161,256
82$5,457,917$0$0$2,319,638
83$5,855,598$0$0$2,492,220
84$6,288,833$0$0$2,680,389
85$6,761,090$0$0$2,885,670
86$7,276,189$0$0$3,109,745
87$7,838,329$0$0$3,354,462
88$8,452,137$0$0$3,621,858
89$9,122,704$0$0$3,914,172
90$9,855,634$0$0$4,233,874
91$10,657,100$0$0$4,583,680
92$11,533,895$0$0$4,966,581
93$12,493,501$0$0$5,385,872
94$13,544,156$0$0$5,845,181
95$14,694,932$0$0$6,348,503
96$15,955,819$0$0$6,900,237
97$17,337,819$0$0$7,505,231
98$18,853,051$0$0$8,168,821
99$20,514,859$0$0$8,896,885
100$22,337,944$0$0$9,695,900