Can I retire at age 52 with 969,000?

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 $969,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$80,019$79,306$78,611$77,932$77,269$76,815
2 years$39,613$38,876$38,161$37,467$36,795$36,336
3 years$26,147$25,406$24,692$24,006$23,344$22,896
4 years$19,415$18,676$17,970$17,295$16,649$16,214
5 years$15,376$14,642$13,945$13,284$12,657$12,236
6 years$12,685$11,956$11,270$10,623$10,015$9,610
7 years$10,764$10,041$9,365$8,734$8,145$7,756
8 years$9,323$8,607$7,943$7,327$6,757$6,383
9 years$8,203$7,494$6,841$6,241$5,690$5,332
10 years$7,308$6,606$5,964$5,380$4,848$4,506
11 years$6,576$5,880$5,251$4,682$4,170$3,842
12 years$5,966$5,278$4,660$4,107$3,613$3,301
13 years$5,451$4,770$4,163$3,626$3,151$2,853
14 years$5,009$4,336$3,741$3,218$2,762$2,479
15 years$4,627$3,961$3,377$2,870$2,432$2,162
16 years$4,293$3,634$3,062$2,570$2,149$1,893
17 years$3,999$3,347$2,786$2,309$1,906$1,663
18 years$3,737$3,092$2,544$2,081$1,695$1,464
19 years$3,503$2,866$2,329$1,880$1,510$1,292
20 years$3,293$2,663$2,137$1,703$1,349$1,143
21 years$3,104$2,481$1,966$1,546$1,207$1,012
22 years$2,931$2,316$1,812$1,405$1,082$898
23 years$2,774$2,166$1,673$1,280$971$798
24 years$2,630$2,029$1,547$1,167$873$709
25 years$2,498$1,904$1,433$1,066$786$632
26 years$2,377$1,790$1,329$975$708$563
27 years$2,264$1,684$1,234$892$638$502
28 years$2,160$1,587$1,147$817$576$448
29 years$2,063$1,497$1,068$750$520$400
30 years$1,972$1,414$994$688$470$357
31 years$1,888$1,337$927$632$425$320
32 years$1,809$1,265$865$581$384$286
33 years$1,735$1,198$808$534$348$256
34 years$1,666$1,135$755$491$315$229
35 years$1,601$1,077$705$452$285$205
36 years$1,539$1,022$660$417$258$183
37 years$1,481$971$618$384$234$164
38 years$1,426$922$578$354$212$147
39 years$1,374$877$542$326$192$132
40 years$1,325$835$508$301$175$118
41 years$1,278$794$476$278$158$106
42 years$1,234$757$447$256$144$95
43 years$1,191$721$419$236$130$85
44 years$1,151$687$394$218$118$76
45 years$1,113$655$370$202$107$69
46 years$1,077$625$347$186$98$61
47 years$1,042$597$326$172$89$55
48 years$1,008$569$306$159$80$49
49 years$977$544$288$147$73$44
50 years$946$519$271$136$66$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $969,000, adding $6,997 every year, while hoping to spend $34,260 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: 60/31/9 Blend
51$969,000$969,000$969,000$969,000
52$1,075,055$1,023,698$1,008,679$1,136,972
53$1,148,259$1,037,407$1,006,017$1,193,052
54$1,227,780$1,050,640$1,002,118$1,249,664
55$1,314,229$1,063,336$996,904$1,310,561
56$1,408,274$1,075,433$990,294$1,376,159
57$1,510,651$1,086,862$982,202$1,446,915
58$1,622,170$1,097,551$972,538$1,523,332
59$1,743,724$1,107,423$961,211$1,605,967
60$1,876,293$1,116,396$948,120$1,695,431
61$2,020,957$1,124,382$933,165$1,792,402
62$2,178,905$1,131,288$916,237$1,897,626
63$2,351,447$1,137,014$897,224$2,011,924
64$2,540,021$1,141,455$876,008$2,136,205
65$2,746,216$1,144,498$852,466$2,271,469
66$2,971,776$1,146,024$826,470$2,418,820
67$3,218,624$1,145,907$797,884$2,579,476
68$3,488,879$1,144,012$766,568$2,754,780
69$3,784,871$1,140,195$732,375$2,946,213
70$4,109,169$1,134,305$695,150$3,155,411
71$4,464,599$1,126,181$654,733$3,384,175
72$4,854,277$1,115,653$610,955$3,634,493
73$5,281,632$1,102,538$563,641$3,908,559
74$5,750,442$1,086,646$512,606$4,208,791
75$6,264,868$1,067,773$457,660$4,537,856
76$6,829,494$1,045,703$398,601$4,898,697
77$7,449,369$1,020,209$335,220$5,294,558
78$8,130,053$991,048$267,299$5,729,018
79$8,877,674$957,965$194,609$6,206,023
80$9,698,981$920,689$116,912$6,729,927
81$10,601,408$878,934$33,960$7,305,528
82$11,593,146$832,397$0$7,938,121
83$12,683,220$780,756$0$8,638,781
84$13,881,569$723,674$0$9,412,527
85$15,199,146$660,792$0$10,263,220
86$16,648,019$591,730$0$11,198,714
87$18,241,481$516,089$0$12,227,670
88$19,994,180$433,446$0$13,359,635
89$21,922,255$343,353$0$14,605,135
90$24,043,487$245,339$0$15,975,772
91$26,377,466$138,905$0$17,484,339
92$28,945,781$23,524$0$19,144,937
93$31,772,214$0$0$20,973,112
94$34,882,974$0$0$23,020,576
95$38,306,936$0$0$25,283,112
96$42,075,917$0$0$27,773,732
97$46,224,978$0$0$30,515,615
98$50,792,748$0$0$33,534,302
99$55,821,795$0$0$36,857,937
100$61,359,023$0$0$40,517,531