Can I retire at age 52 with 968,000?

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 $968,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$79,937$79,225$78,530$77,852$77,190$76,320
2 years$39,573$38,836$38,121$37,429$36,757$35,882
3 years$26,120$25,379$24,667$23,981$23,320$22,466
4 years$19,395$18,657$17,951$17,277$16,632$15,806
5 years$15,360$14,627$13,931$13,270$12,643$11,848
6 years$12,672$11,944$11,258$10,612$10,004$9,240
7 years$10,752$10,031$9,356$8,725$8,136$7,403
8 years$9,313$8,598$7,934$7,319$6,750$6,048
9 years$8,195$7,486$6,834$6,234$5,684$5,014
10 years$7,300$6,599$5,958$5,374$4,843$4,204
11 years$6,569$5,874$5,245$4,677$4,165$3,557
12 years$5,960$5,273$4,655$4,102$3,610$3,030
13 years$5,445$4,765$4,159$3,622$3,148$2,597
14 years$5,004$4,331$3,737$3,215$2,759$2,237
15 years$4,622$3,957$3,374$2,867$2,429$1,935
16 years$4,289$3,630$3,059$2,567$2,147$1,679
17 years$3,994$3,343$2,783$2,307$1,904$1,461
18 years$3,733$3,089$2,541$2,079$1,693$1,275
19 years$3,500$2,863$2,326$1,878$1,509$1,115
20 years$3,290$2,660$2,135$1,701$1,348$976
21 years$3,100$2,478$1,964$1,544$1,206$857
22 years$2,928$2,313$1,810$1,404$1,081$753
23 years$2,771$2,164$1,671$1,278$970$662
24 years$2,628$2,027$1,545$1,166$872$583
25 years$2,496$1,902$1,431$1,065$785$514
26 years$2,374$1,788$1,327$974$707$453
27 years$2,262$1,683$1,233$891$637$400
28 years$2,157$1,586$1,146$817$575$353
29 years$2,061$1,496$1,066$749$519$312
30 years$1,970$1,413$993$687$469$276
31 years$1,886$1,335$926$631$424$244
32 years$1,807$1,264$864$580$384$216
33 years$1,734$1,197$807$533$347$191
34 years$1,664$1,134$754$491$314$169
35 years$1,599$1,076$705$452$285$150
36 years$1,537$1,021$659$416$258$133
37 years$1,479$970$617$383$234$118
38 years$1,425$922$578$353$212$104
39 years$1,373$876$541$326$192$92
40 years$1,323$834$507$301$174$82
41 years$1,277$794$476$277$158$73
42 years$1,232$756$446$256$144$64
43 years$1,190$720$419$236$130$57
44 years$1,150$686$393$218$118$51
45 years$1,112$655$369$201$107$45
46 years$1,075$624$347$186$97$40
47 years$1,041$596$326$172$89$35
48 years$1,007$569$306$159$80$31
49 years$976$543$288$147$73$28
50 years$945$519$270$136$66$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $968,000, adding $3,838 every year, while hoping to spend $59,541 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: 32/38/30 Blend
51$968,000$968,000$968,000$968,000
52$1,070,695$1,019,391$1,004,387$1,095,087
53$1,116,555$1,005,990$974,683$1,100,834
54$1,165,096$989,937$941,988$1,101,538
55$1,216,531$971,038$906,139$1,101,154
56$1,271,089$949,091$866,967$1,099,629
57$1,329,021$923,878$824,291$1,096,911
58$1,390,604$895,170$777,927$1,092,947
59$1,456,138$862,725$727,680$1,087,688
60$1,525,952$826,287$673,346$1,081,083
61$1,600,408$785,584$614,712$1,073,087
62$1,679,901$740,329$551,556$1,063,655
63$1,764,864$690,219$483,646$1,052,748
64$1,855,772$634,932$410,740$1,040,329
65$1,953,146$574,128$332,586$1,026,370
66$2,057,557$507,451$248,917$1,010,846
67$2,169,631$434,519$159,459$993,743
68$2,290,057$354,933$63,924$975,053
69$2,419,587$268,270$0$954,782
70$2,559,053$174,083$0$945,119
71$2,709,363$71,899$0$956,551
72$2,871,517$0$0$968,747
73$3,046,613$0$0$998,100
74$3,235,858$0$0$1,062,433
75$3,440,579$0$0$1,132,148
76$3,662,234$0$0$1,207,756
77$3,902,425$0$0$1,289,821
78$4,162,914$0$0$1,378,961
79$4,445,640$0$0$1,475,856
80$4,752,735$0$0$1,581,257
81$5,086,543$0$0$1,695,986
82$5,449,644$0$0$1,820,952
83$5,844,876$0$0$1,957,151
84$6,275,362$0$0$2,105,681
85$6,744,538$0$0$2,267,753
86$7,256,186$0$0$2,444,695
87$7,814,469$0$0$2,637,973
88$8,423,969$0$0$2,849,199
89$9,089,729$0$0$3,080,148
90$9,817,301$0$0$3,332,773
91$10,612,800$0$0$3,609,228
92$11,482,954$0$0$3,911,881
93$12,435,175$0$0$4,243,342
94$13,477,623$0$0$4,606,484
95$14,619,283$0$0$5,004,472
96$15,870,052$0$0$5,440,791
97$17,240,826$0$0$5,919,279
98$18,743,609$0$0$6,444,163
99$20,391,617$0$0$7,020,101
100$22,199,412$0$0$7,652,222