Can I retire at age 52 with 974,000?

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 $974,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$80,432$79,716$79,017$78,334$77,668$75,002
2 years$39,818$39,076$38,358$37,661$36,985$34,326
3 years$26,282$25,537$24,820$24,130$23,465$20,896
4 years$19,515$18,772$18,063$17,384$16,735$14,277
5 years$15,456$14,718$14,017$13,353$12,722$10,381
6 years$12,751$12,018$11,328$10,678$10,066$7,844
7 years$10,819$10,093$9,414$8,779$8,187$6,083
8 years$9,371$8,651$7,984$7,365$6,792$4,804
9 years$8,246$7,533$6,876$6,273$5,720$3,846
10 years$7,346$6,640$5,995$5,407$4,873$3,111
11 years$6,610$5,911$5,278$4,706$4,191$2,537
12 years$5,997$5,305$4,684$4,128$3,632$2,081
13 years$5,479$4,794$4,185$3,644$3,167$1,716
14 years$5,035$4,358$3,760$3,235$2,776$1,421
15 years$4,651$3,981$3,395$2,885$2,445$1,180
16 years$4,315$3,653$3,078$2,583$2,160$983
17 years$4,019$3,364$2,801$2,321$1,916$820
18 years$3,756$3,108$2,557$2,092$1,703$686
19 years$3,521$2,881$2,341$1,890$1,518$574
20 years$3,310$2,677$2,148$1,712$1,356$482
21 years$3,120$2,494$1,976$1,554$1,214$404
22 years$2,946$2,328$1,821$1,413$1,088$340
23 years$2,788$2,177$1,681$1,286$976$285
24 years$2,644$2,040$1,555$1,173$878$240
25 years$2,511$1,914$1,440$1,072$790$202
26 years$2,389$1,799$1,336$980$711$170
27 years$2,276$1,693$1,240$897$641$143
28 years$2,171$1,595$1,153$822$579$121
29 years$2,073$1,505$1,073$753$523$102
30 years$1,983$1,421$999$691$472$86
31 years$1,898$1,344$932$635$427$72
32 years$1,819$1,271$869$584$386$61
33 years$1,744$1,204$812$537$349$51
34 years$1,674$1,141$758$494$316$43
35 years$1,609$1,082$709$455$287$37
36 years$1,547$1,027$663$419$260$31
37 years$1,489$976$621$386$235$26
38 years$1,433$927$581$356$213$22
39 years$1,381$882$545$328$193$19
40 years$1,332$839$511$302$175$16
41 years$1,285$799$479$279$159$13
42 years$1,240$761$449$257$144$11
43 years$1,198$725$421$238$131$9
44 years$1,157$691$396$219$119$8
45 years$1,119$659$371$203$108$7
46 years$1,082$628$349$187$98$6
47 years$1,047$600$328$173$89$5
48 years$1,014$572$308$160$81$4
49 years$982$547$289$148$73$3
50 years$951$522$272$137$67$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $974,000, adding $3,916 every year, while hoping to spend $48,511 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: 44/48/8 Blend
51$974,000$974,000$974,000$974,000
52$1,077,387$1,025,765$1,010,668$1,122,172
53$1,135,666$1,024,413$992,910$1,152,236
54$1,198,262$1,021,368$972,932$1,179,519
55$1,265,567$1,016,496$950,607$1,207,974
56$1,338,006$1,009,656$925,804$1,237,727
57$1,416,050$1,000,697$898,385$1,268,917
58$1,500,214$989,458$868,208$1,301,703
59$1,591,064$975,769$835,121$1,336,261
60$1,689,222$959,452$798,967$1,372,790
61$1,795,372$940,314$759,582$1,411,511
62$1,910,266$918,156$716,794$1,452,674
63$2,034,730$892,762$670,423$1,496,557
64$2,169,672$863,906$620,282$1,543,470
65$2,316,091$831,350$566,174$1,593,762
66$2,475,086$794,840$507,894$1,647,821
67$2,647,864$754,107$445,229$1,706,080
68$2,835,757$708,869$377,954$1,769,023
69$3,040,226$658,825$305,837$1,837,189
70$3,262,879$603,658$228,634$1,911,178
71$3,505,489$543,034$146,089$1,991,660
72$3,770,004$476,597$57,938$2,079,380
73$4,058,568$403,974$0$2,175,165
74$4,373,543$324,769$0$2,283,023
75$4,717,526$238,565$0$2,406,372
76$5,093,379$144,920$0$2,541,426
77$5,504,251$43,369$0$2,689,478
78$5,953,610$0$0$2,851,961
79$6,445,273$0$0$3,065,633
80$6,983,443$0$0$3,324,705
81$7,572,751$0$0$3,608,514
82$8,218,294$0$0$3,919,529
83$8,925,685$0$0$4,260,470
84$9,701,107$0$0$4,634,333
85$10,551,371$0$0$5,044,418
86$11,483,975$0$0$5,494,360
87$12,507,179$0$0$5,988,161
88$13,630,084$0$0$6,530,231
89$14,862,711$0$0$7,125,427
90$16,216,100$0$0$7,779,100
91$17,702,413$0$0$8,497,145
92$19,335,046$0$0$9,286,055
93$21,128,758$0$0$10,152,982
94$23,099,806$0$0$11,105,809
95$25,266,104$0$0$12,153,216
96$27,647,382$0$0$13,304,769
97$30,265,380$0$0$14,571,006
98$33,144,051$0$0$15,963,537
99$36,309,781$0$0$17,495,155
100$39,791,645$0$0$19,179,953