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%17.8%
1 years$80,515$79,797$79,098$78,415$77,748$75,289
2 years$39,859$39,116$38,397$37,699$37,023$34,568
3 years$26,309$25,563$24,845$24,154$23,489$21,115
4 years$19,535$18,791$18,081$17,402$16,752$14,478
5 years$15,472$14,733$14,032$13,366$12,735$10,565
6 years$12,764$12,030$11,340$10,689$10,077$8,014
7 years$10,830$10,103$9,423$8,788$8,195$6,239
8 years$9,381$8,660$7,992$7,372$6,799$4,948
9 years$8,254$7,540$6,883$6,279$5,725$3,979
10 years$7,353$6,646$6,001$5,413$4,878$3,233
11 years$6,617$5,917$5,283$4,711$4,196$2,648
12 years$6,003$5,311$4,689$4,132$3,636$2,182
13 years$5,485$4,799$4,189$3,648$3,170$1,808
14 years$5,040$4,362$3,764$3,238$2,779$1,504
15 years$4,656$3,985$3,398$2,888$2,447$1,256
16 years$4,320$3,656$3,081$2,586$2,163$1,051
17 years$4,023$3,367$2,804$2,323$1,918$882
18 years$3,760$3,112$2,559$2,094$1,705$741
19 years$3,525$2,884$2,343$1,892$1,520$624
20 years$3,314$2,680$2,150$1,714$1,357$526
21 years$3,123$2,496$1,978$1,555$1,215$444
22 years$2,949$2,330$1,823$1,414$1,089$375
23 years$2,791$2,179$1,683$1,288$977$317
24 years$2,647$2,042$1,557$1,174$879$268
25 years$2,514$1,916$1,442$1,073$791$227
26 years$2,391$1,801$1,337$981$712$192
27 years$2,278$1,695$1,242$898$642$163
28 years$2,173$1,597$1,154$822$579$138
29 years$2,076$1,507$1,074$754$523$117
30 years$1,985$1,423$1,000$692$473$99
31 years$1,900$1,345$933$636$427$84
32 years$1,820$1,273$870$584$387$71
33 years$1,746$1,205$813$537$350$60
34 years$1,676$1,142$759$494$317$51
35 years$1,610$1,083$710$455$287$43
36 years$1,549$1,028$664$419$260$37
37 years$1,490$977$622$386$236$31
38 years$1,435$928$582$356$214$27
39 years$1,383$883$545$328$194$23
40 years$1,333$840$511$303$176$19
41 years$1,286$799$479$279$159$16
42 years$1,241$761$450$258$145$14
43 years$1,199$725$422$238$131$12
44 years$1,158$691$396$220$119$10
45 years$1,120$659$372$203$108$8
46 years$1,083$629$349$187$98$7
47 years$1,048$600$328$173$89$6
48 years$1,015$573$308$160$81$5
49 years$983$547$290$148$74$4
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 $3,279 every year, while hoping to spend $51,144 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: 41/42/17 Blend
51$975,000$975,000$975,000$975,000
52$1,077,832$1,026,157$1,011,045$1,116,496
53$1,133,354$1,022,022$990,498$1,140,086
54$1,192,826$1,015,970$967,549$1,160,374
55$1,256,595$1,007,854$942,063$1,181,253
56$1,325,044$997,516$913,899$1,202,801
57$1,398,595$984,790$882,910$1,225,110
58$1,477,707$969,500$848,943$1,248,282
59$1,562,887$951,459$811,836$1,272,436
60$1,654,690$930,469$771,422$1,297,707
61$1,753,727$906,322$727,523$1,324,248
62$1,860,670$878,794$679,958$1,352,231
63$1,976,255$847,651$628,533$1,381,852
64$2,101,292$812,645$573,047$1,413,334
65$2,236,671$773,512$513,292$1,446,926
66$2,383,372$729,975$449,049$1,482,909
67$2,542,472$681,739$380,087$1,521,600
68$2,715,153$628,494$306,170$1,563,355
69$2,902,719$569,910$227,046$1,608,575
70$3,106,601$505,640$142,457$1,657,706
71$3,328,374$435,317$52,129$1,711,253
72$3,569,773$358,552$0$1,769,776
73$3,832,705$274,936$0$1,841,936
74$4,119,268$184,035$0$1,931,019
75$4,431,773$85,392$0$2,028,401
76$4,772,762$0$0$2,135,018
77$5,145,033$0$0$2,261,835
78$5,551,669$0$0$2,443,583
79$5,996,059$0$0$2,642,327
80$6,481,937$0$0$2,859,752
81$7,013,415$0$0$3,097,713
82$7,595,019$0$0$3,358,254
83$8,231,733$0$0$3,643,625
84$8,929,045$0$0$3,956,302
85$9,693,000$0$0$4,299,014
86$10,530,254$0$0$4,674,767
87$11,448,138$0$0$5,086,871
88$12,454,725$0$0$5,538,970
89$13,558,909$0$0$6,035,080
90$14,770,485$0$0$6,579,624
91$16,100,241$0$0$7,177,474
92$17,560,062$0$0$7,833,997
93$19,163,039$0$0$8,555,105
94$20,923,593$0$0$9,347,309
95$22,857,610$0$0$10,217,786
96$24,982,591$0$0$11,174,438
97$27,317,816$0$0$12,225,973
98$29,884,524$0$0$13,381,985
99$32,706,115$0$0$14,653,043
100$35,808,369$0$0$16,050,790