Can I retire at age 52 with 966,000?

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 $966,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$79,771$79,061$78,368$77,691$77,030$74,594
2 years$39,491$38,755$38,043$37,351$36,681$34,249
3 years$26,066$25,327$24,616$23,931$23,272$20,920
4 years$19,354$18,618$17,914$17,241$16,598$14,344
5 years$15,329$14,597$13,902$13,243$12,617$10,468
6 years$12,646$11,919$11,235$10,590$9,984$7,940
7 years$10,730$10,010$9,336$8,707$8,119$6,182
8 years$9,294$8,580$7,918$7,304$6,736$4,903
9 years$8,178$7,471$6,820$6,221$5,673$3,942
10 years$7,285$6,585$5,946$5,363$4,833$3,203
11 years$6,555$5,862$5,234$4,667$4,157$2,623
12 years$5,948$5,262$4,645$4,094$3,602$2,162
13 years$5,434$4,755$4,150$3,614$3,141$1,791
14 years$4,994$4,322$3,729$3,208$2,754$1,490
15 years$4,613$3,948$3,367$2,861$2,424$1,244
16 years$4,280$3,623$3,053$2,562$2,143$1,041
17 years$3,986$3,336$2,778$2,302$1,900$874
18 years$3,725$3,083$2,536$2,075$1,689$734
19 years$3,493$2,857$2,321$1,874$1,506$618
20 years$3,283$2,655$2,130$1,698$1,345$521
21 years$3,094$2,473$1,960$1,541$1,204$440
22 years$2,922$2,308$1,806$1,401$1,079$371
23 years$2,766$2,159$1,668$1,276$968$314
24 years$2,622$2,023$1,542$1,164$870$266
25 years$2,490$1,898$1,428$1,063$783$225
26 years$2,369$1,784$1,325$972$706$190
27 years$2,257$1,679$1,230$889$636$161
28 years$2,153$1,582$1,144$815$574$137
29 years$2,056$1,493$1,064$747$518$116
30 years$1,966$1,410$991$686$468$98
31 years$1,882$1,333$924$630$423$83
32 years$1,804$1,261$862$579$383$71
33 years$1,730$1,194$805$532$347$60
34 years$1,661$1,132$752$490$314$51
35 years$1,596$1,073$703$451$284$43
36 years$1,534$1,019$658$415$258$37
37 years$1,476$968$616$383$233$31
38 years$1,422$920$577$353$212$26
39 years$1,370$874$540$325$192$22
40 years$1,321$832$506$300$174$19
41 years$1,274$792$475$277$158$16
42 years$1,230$754$445$255$143$14
43 years$1,188$719$418$236$130$12
44 years$1,148$685$392$218$118$10
45 years$1,110$653$368$201$107$8
46 years$1,073$623$346$186$97$7
47 years$1,038$595$325$172$88$6
48 years$1,005$568$305$159$80$5
49 years$974$542$287$146$73$4
50 years$943$518$270$135$66$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $966,000, adding $4,684 every year, while hoping to spend $40,075 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: 79/13/8 Blend
51$966,000$966,000$966,000$966,000
52$1,069,364$1,018,166$1,003,193$1,152,325
53$1,135,799$1,025,416$994,160$1,214,659
54$1,207,668$1,031,679$983,482$1,277,318
55$1,285,482$1,036,863$971,060$1,344,866
56$1,369,804$1,040,872$956,794$1,417,770
57$1,461,253$1,043,604$940,575$1,496,547
58$1,560,509$1,044,948$922,292$1,581,765
59$1,668,320$1,044,791$901,829$1,674,051
60$1,785,511$1,043,007$879,062$1,774,094
61$1,912,986$1,039,468$853,864$1,882,655
62$2,051,742$1,034,033$826,100$2,000,571
63$2,202,876$1,026,557$795,630$2,128,766
64$2,367,594$1,016,883$762,308$2,268,256
65$2,547,224$1,004,845$725,981$2,420,162
66$2,743,227$990,269$686,488$2,585,720
67$2,957,213$972,969$643,662$2,766,292
68$3,190,952$952,747$597,327$2,963,378
69$3,446,393$929,396$547,302$3,178,631
70$3,725,683$902,695$493,395$3,413,875
71$4,031,185$872,409$435,406$3,671,118
72$4,365,502$838,293$373,127$3,952,576
73$4,731,497$800,083$306,341$4,260,688
74$5,132,326$757,504$234,820$4,598,146
75$5,571,463$710,262$158,327$4,967,915
76$6,052,736$658,047$76,614$5,373,262
77$6,580,357$600,534$0$5,817,792
78$7,158,968$537,374$0$6,306,379
79$7,793,680$468,204$0$6,849,535
80$8,490,125$392,635$0$7,445,562
81$9,254,505$310,261$0$8,099,804
82$10,093,650$220,650$0$8,818,149
83$11,015,087$123,346$0$9,607,087
84$12,027,104$17,869$0$10,473,768
85$13,138,835$0$0$11,426,075
86$14,360,338$0$0$12,486,466
87$15,702,697$0$0$13,654,613
88$17,178,121$0$0$14,938,589
89$18,800,061$0$0$16,350,103
90$20,583,337$0$0$17,902,057
91$22,544,276$0$0$19,608,663
92$24,700,866$0$0$21,485,582
93$27,072,926$0$0$23,550,068
94$29,682,292$0$0$25,821,129
95$32,553,023$0$0$28,319,710
96$35,711,627$0$0$31,068,888
97$39,187,313$0$0$34,094,090
98$43,012,261$0$0$37,423,333
99$47,221,930$0$0$41,087,485
100$51,855,392$0$0$45,120,561