Can I retire at age 52 with 975,000?

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 $975,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$80,515$79,797$79,098$78,415$77,748$75,410
2 years$39,859$39,116$38,397$37,699$37,023$34,687
3 years$26,309$25,563$24,845$24,154$23,489$21,229
4 years$19,535$18,791$18,081$17,402$16,752$14,585
5 years$15,472$14,733$14,032$13,366$12,735$10,666
6 years$12,764$12,030$11,340$10,689$10,077$8,108
7 years$10,830$10,103$9,423$8,788$8,195$6,327
8 years$9,381$8,660$7,992$7,372$6,799$5,030
9 years$8,254$7,540$6,883$6,279$5,725$4,054
10 years$7,353$6,646$6,001$5,413$4,878$3,302
11 years$6,617$5,917$5,283$4,711$4,196$2,712
12 years$6,003$5,311$4,689$4,132$3,636$2,241
13 years$5,485$4,799$4,189$3,648$3,170$1,862
14 years$5,040$4,362$3,764$3,238$2,779$1,553
15 years$4,656$3,985$3,398$2,888$2,447$1,300
16 years$4,320$3,656$3,081$2,586$2,163$1,091
17 years$4,023$3,367$2,804$2,323$1,918$918
18 years$3,760$3,112$2,559$2,094$1,705$774
19 years$3,525$2,884$2,343$1,892$1,520$654
20 years$3,314$2,680$2,150$1,714$1,357$553
21 years$3,123$2,496$1,978$1,555$1,215$468
22 years$2,949$2,330$1,823$1,414$1,089$396
23 years$2,791$2,179$1,683$1,288$977$336
24 years$2,647$2,042$1,557$1,174$879$285
25 years$2,514$1,916$1,442$1,073$791$242
26 years$2,391$1,801$1,337$981$712$206
27 years$2,278$1,695$1,242$898$642$175
28 years$2,173$1,597$1,154$822$579$149
29 years$2,076$1,507$1,074$754$523$126
30 years$1,985$1,423$1,000$692$473$108
31 years$1,900$1,345$933$636$427$91
32 years$1,820$1,273$870$584$387$78
33 years$1,746$1,205$813$537$350$66
34 years$1,676$1,142$759$494$317$56
35 years$1,610$1,083$710$455$287$48
36 years$1,549$1,028$664$419$260$41
37 years$1,490$977$622$386$236$35
38 years$1,435$928$582$356$214$30
39 years$1,383$883$545$328$194$25
40 years$1,333$840$511$303$176$21
41 years$1,286$799$479$279$159$18
42 years$1,241$761$450$258$145$16
43 years$1,199$725$422$238$131$13
44 years$1,158$691$396$220$119$11
45 years$1,120$659$372$203$108$10
46 years$1,083$629$349$187$98$8
47 years$1,048$600$328$173$89$7
48 years$1,015$573$308$160$81$6
49 years$983$547$290$148$74$5
50 years$952$523$272$137$67$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $975,000, adding $5,901 every year, while hoping to spend $37,391 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: 39/46/15 Blend
51$975,000$975,000$975,000$975,000
52$1,080,537$1,028,862$1,013,749$1,117,607
53$1,150,968$1,039,492$1,007,926$1,155,193
54$1,227,330$1,049,391$1,000,655$1,191,745
55$1,310,188$1,058,481$991,847$1,230,464
56$1,400,164$1,066,684$981,411$1,271,564
57$1,497,942$1,073,913$969,250$1,315,283
58$1,604,275$1,080,078$955,263$1,361,884
59$1,719,991$1,085,081$939,344$1,411,662
60$1,846,000$1,088,820$921,382$1,464,939
61$1,983,305$1,091,185$901,261$1,522,077
62$2,133,009$1,092,060$878,860$1,583,475
63$2,296,326$1,091,321$854,052$1,649,574
64$2,474,593$1,088,837$826,704$1,720,867
65$2,669,280$1,084,469$796,678$1,797,895
66$2,882,007$1,078,069$763,827$1,881,262
67$3,114,557$1,069,479$728,000$1,971,635
68$3,368,892$1,058,534$689,038$2,069,752
69$3,647,174$1,045,057$646,776$2,176,431
70$3,951,782$1,028,861$601,039$2,292,579
71$4,285,337$1,009,748$551,648$2,419,198
72$4,650,725$987,509$498,411$2,557,397
73$5,051,123$961,921$441,132$2,708,406
74$5,490,031$932,749$379,604$2,873,581
75$5,971,305$899,744$313,611$3,054,428
76$6,499,189$862,643$242,927$3,252,608
77$7,078,359$821,166$167,319$3,469,961
78$7,713,967$775,018$86,539$3,708,519
79$8,411,686$723,888$333$3,970,532
80$9,177,766$667,446$0$4,258,484
81$10,019,090$605,343$0$4,589,794
82$10,943,243$537,211$0$4,953,838
83$11,958,579$462,659$0$5,353,965
84$13,074,302$381,277$0$5,793,932
85$14,300,551$292,630$0$6,277,886
86$15,648,496$196,258$0$6,810,406
87$17,130,444$91,676$0$7,396,547
88$18,759,954$0$0$8,041,889
89$20,551,963$0$0$8,763,538
90$22,522,930$0$0$9,608,437
91$24,690,987$0$0$10,537,974
92$27,076,114$0$0$11,560,731
93$29,700,324$0$0$12,686,169
94$32,587,869$0$0$13,924,707
95$35,765,475$0$0$15,287,830
96$39,262,586$0$0$16,788,190
97$43,111,647$0$0$18,439,728
98$47,348,407$0$0$20,257,805
99$52,012,257$0$0$22,259,349
100$57,146,600$0$0$24,463,011