Can I retire at age 52 with 963,000?

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 $963,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$79,524$78,815$78,124$77,450$76,791$74,632
2 years$39,368$38,635$37,924$37,235$36,567$34,409
3 years$25,985$25,248$24,540$23,857$23,200$21,109
4 years$19,294$18,560$17,859$17,188$16,546$14,539
5 years$15,281$14,551$13,859$13,202$12,578$10,661
6 years$12,607$11,882$11,200$10,558$9,953$8,127
7 years$10,697$9,979$9,307$8,680$8,094$6,359
8 years$9,265$8,554$7,893$7,281$6,715$5,070
9 years$8,152$7,447$6,799$6,202$5,655$4,099
10 years$7,263$6,565$5,927$5,346$4,818$3,349
11 years$6,535$5,844$5,218$4,653$4,144$2,759
12 years$5,929$5,245$4,631$4,081$3,591$2,288
13 years$5,417$4,740$4,137$3,603$3,131$1,907
14 years$4,978$4,309$3,718$3,198$2,745$1,597
15 years$4,598$3,936$3,356$2,852$2,417$1,341
16 years$4,266$3,611$3,043$2,554$2,136$1,130
17 years$3,974$3,326$2,769$2,295$1,894$954
18 years$3,714$3,073$2,528$2,068$1,684$807
19 years$3,482$2,848$2,314$1,869$1,501$684
20 years$3,273$2,647$2,124$1,692$1,341$581
21 years$3,084$2,465$1,953$1,536$1,200$494
22 years$2,913$2,301$1,800$1,397$1,075$420
23 years$2,757$2,152$1,662$1,272$965$357
24 years$2,614$2,017$1,537$1,160$868$305
25 years$2,483$1,893$1,424$1,059$781$260
26 years$2,362$1,779$1,321$969$703$221
27 years$2,250$1,674$1,226$887$634$189
28 years$2,146$1,577$1,140$812$572$161
29 years$2,050$1,488$1,061$745$517$138
30 years$1,960$1,405$988$684$467$118
31 years$1,876$1,328$921$628$422$100
32 years$1,798$1,257$860$577$382$86
33 years$1,725$1,190$803$531$346$73
34 years$1,656$1,128$750$488$313$63
35 years$1,591$1,070$701$449$283$54
36 years$1,529$1,016$656$414$257$46
37 years$1,472$965$614$381$233$39
38 years$1,417$917$575$352$211$33
39 years$1,366$872$539$324$191$29
40 years$1,317$829$505$299$174$24
41 years$1,270$790$473$276$157$21
42 years$1,226$752$444$255$143$18
43 years$1,184$716$417$235$130$15
44 years$1,144$683$391$217$118$13
45 years$1,106$651$367$200$107$11
46 years$1,070$621$345$185$97$10
47 years$1,035$593$324$171$88$8
48 years$1,002$566$305$158$80$7
49 years$971$540$286$146$73$6
50 years$940$516$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 $963,000, adding $4,702 every year, while hoping to spend $55,412 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: 73/20/7 Blend
51$963,000$963,000$963,000$963,000
52$1,066,076$1,015,037$1,000,111$1,142,503
53$1,115,858$1,005,816$974,656$1,184,301
54$1,168,860$994,286$946,492$1,222,643
55$1,225,353$980,275$915,469$1,263,072
56$1,285,633$963,602$881,430$1,305,775
57$1,350,022$944,073$844,213$1,350,960
58$1,418,877$921,485$803,647$1,398,859
59$1,492,586$895,622$759,553$1,449,727
60$1,571,576$866,254$711,744$1,503,846
61$1,656,316$833,140$660,027$1,561,527
62$1,747,320$796,023$604,197$1,623,115
63$1,845,150$754,632$544,042$1,688,993
64$1,950,427$708,680$479,339$1,759,582
65$2,063,830$657,865$409,856$1,835,348
66$2,186,105$601,865$335,351$1,916,808
67$2,318,073$540,341$255,570$2,004,533
68$2,460,635$472,937$170,250$2,099,152
69$2,614,781$399,271$79,115$2,201,364
70$2,781,599$318,946$0$2,311,940
71$2,962,287$231,539$0$2,433,087
72$3,158,158$136,603$0$2,570,787
73$3,370,661$33,667$0$2,720,189
74$3,601,386$0$0$2,882,468
75$3,852,083$0$0$3,076,038
76$4,124,676$0$0$3,294,610
77$4,421,284$0$0$3,532,478
78$4,744,236$0$0$3,791,515
79$5,096,097$0$0$4,073,785
80$5,479,688$0$0$4,381,555
81$5,898,115$0$0$4,717,324
82$6,354,795$0$0$5,083,839
83$6,853,492$0$0$5,484,128
84$7,398,346$0$0$5,921,521
85$7,993,919$0$0$6,399,686
86$8,645,229$0$0$6,922,659
87$9,357,806$0$0$7,494,888
88$10,137,733$0$0$8,121,266
89$10,991,715$0$0$8,807,185
90$11,927,131$0$0$9,558,580
91$12,952,108$0$0$10,381,989
92$14,075,598$0$0$11,284,612
93$15,307,458$0$0$12,274,377
94$16,658,547$0$0$13,360,018
95$18,140,824$0$0$14,551,155
96$19,767,460$0$0$15,858,383
97$21,552,966$0$0$17,293,374
98$23,513,325$0$0$18,868,982
99$25,666,141$0$0$20,599,370
100$28,030,810$0$0$22,500,140