Can I retire at age 52 with 979,000?

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 $979,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$80,845$80,125$79,422$78,736$78,067$75,628
2 years$40,022$39,277$38,554$37,854$37,175$34,740
3 years$26,416$25,668$24,947$24,253$23,585$21,230
4 years$19,615$18,869$18,155$17,473$16,821$14,564
5 years$15,535$14,793$14,089$13,421$12,787$10,634
6 years$12,816$12,080$11,386$10,733$10,118$8,071
7 years$10,875$10,145$9,462$8,824$8,229$6,287
8 years$9,419$8,696$8,024$7,402$6,826$4,989
9 years$8,288$7,571$6,911$6,305$5,749$4,014
10 years$7,383$6,674$6,026$5,435$4,898$3,263
11 years$6,644$5,941$5,305$4,730$4,213$2,674
12 years$6,028$5,332$4,708$4,149$3,651$2,206
13 years$5,507$4,819$4,206$3,663$3,183$1,829
14 years$5,061$4,380$3,779$3,252$2,791$1,523
15 years$4,675$4,002$3,412$2,900$2,457$1,272
16 years$4,337$3,671$3,094$2,596$2,172$1,065
17 years$4,040$3,381$2,815$2,333$1,925$894
18 years$3,776$3,124$2,570$2,102$1,712$752
19 years$3,540$2,896$2,353$1,900$1,526$634
20 years$3,327$2,691$2,159$1,721$1,363$535
21 years$3,136$2,506$1,986$1,562$1,220$452
22 years$2,961$2,340$1,830$1,420$1,093$382
23 years$2,803$2,188$1,690$1,293$981$323
24 years$2,657$2,050$1,563$1,179$882$273
25 years$2,524$1,924$1,448$1,077$794$232
26 years$2,401$1,808$1,343$985$715$196
27 years$2,287$1,702$1,247$901$645$166
28 years$2,182$1,604$1,159$826$582$141
29 years$2,084$1,513$1,079$757$525$120
30 years$1,993$1,429$1,005$695$475$102
31 years$1,908$1,351$937$638$429$86
32 years$1,828$1,278$874$587$388$73
33 years$1,753$1,210$816$539$351$62
34 years$1,683$1,147$762$496$318$53
35 years$1,617$1,088$713$457$288$45
36 years$1,555$1,033$667$421$261$38
37 years$1,496$981$624$388$237$32
38 years$1,441$932$584$357$214$27
39 years$1,388$886$548$330$194$23
40 years$1,338$843$513$304$176$20
41 years$1,291$803$481$280$160$17
42 years$1,246$764$451$259$145$14
43 years$1,204$728$424$239$132$12
44 years$1,163$694$398$221$120$10
45 years$1,125$662$373$204$109$9
46 years$1,088$632$351$188$99$7
47 years$1,052$603$329$174$90$6
48 years$1,019$575$310$161$81$5
49 years$987$549$291$148$74$5
50 years$956$525$274$137$67$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $979,000, adding $6,862 every year, while hoping to spend $26,052 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: 41/35/24 Blend
51$979,000$979,000$979,000$979,000
52$1,085,936$1,034,049$1,018,875$1,122,546
53$1,168,983$1,056,998$1,025,288$1,172,417
54$1,259,626$1,080,199$1,031,043$1,223,375
55$1,358,615$1,103,636$1,036,090$1,278,018
56$1,466,772$1,127,292$1,040,377$1,336,696
57$1,585,003$1,151,149$1,043,849$1,399,799
58$1,714,304$1,175,187$1,046,449$1,467,757
59$1,855,775$1,199,383$1,048,117$1,541,042
60$2,010,624$1,223,712$1,048,789$1,620,175
61$2,180,183$1,248,149$1,048,398$1,705,733
62$2,365,917$1,272,664$1,046,876$1,798,350
63$2,569,443$1,297,227$1,044,148$1,898,726
64$2,792,537$1,321,802$1,040,138$2,007,632
65$3,037,159$1,346,353$1,034,765$2,125,921
66$3,305,465$1,370,841$1,027,946$2,254,531
67$3,599,832$1,395,221$1,019,592$2,394,498
68$3,922,876$1,419,448$1,009,609$2,546,966
69$4,277,480$1,443,473$997,902$2,713,193
70$4,666,820$1,467,240$984,369$2,894,570
71$5,094,393$1,490,692$968,903$3,092,629
72$5,564,053$1,513,768$951,393$3,309,062
73$6,080,044$1,536,400$931,722$3,545,733
74$6,647,043$1,558,517$909,769$3,804,698
75$7,270,201$1,580,044$885,406$4,088,226
76$7,955,193$1,600,898$858,499$4,398,818
77$8,708,273$1,620,992$828,908$4,739,231
78$9,536,328$1,640,233$796,489$5,112,510
79$10,446,950$1,658,520$761,087$5,522,007
80$11,448,499$1,675,748$722,544$5,971,423
81$12,550,189$1,691,803$680,692$6,464,837
82$13,762,171$1,706,563$635,358$7,006,749
83$15,095,628$1,719,901$586,358$7,602,118
84$16,562,884$1,731,678$533,503$8,256,416
85$18,177,517$1,741,749$476,594$8,975,674
86$19,954,486$1,749,957$415,423$9,766,543
87$21,910,277$1,756,138$349,772$10,636,357
88$24,063,052$1,760,115$279,416$11,593,200
89$26,432,824$1,761,702$204,118$12,645,990
90$29,041,647$1,760,700$123,630$13,804,555
91$31,913,818$1,756,898$37,696$15,079,733
92$35,076,114$1,750,073$0$16,483,472
93$38,558,037$1,739,986$0$18,042,778
94$42,392,098$1,726,386$0$19,769,543
95$46,614,118$1,709,005$0$21,670,192
96$51,263,572$1,687,561$0$23,762,453
97$56,383,958$1,661,752$0$26,065,870
98$62,023,205$1,631,261$0$28,601,982
99$68,234,130$1,595,751$0$31,394,526
100$75,074,932$1,554,864$0$34,469,667