Can I retire at age 52 with 996,000?

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 $996,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$82,249$81,516$80,801$80,104$79,422$77,065
2 years$40,717$39,959$39,224$38,511$37,820$35,465
3 years$26,875$26,114$25,380$24,675$23,995$21,715
4 years$19,956$19,196$18,470$17,777$17,113$14,927
5 years$15,805$15,050$14,334$13,654$13,009$10,922
6 years$13,039$12,290$11,584$10,919$10,294$8,307
7 years$11,063$10,321$9,626$8,977$8,372$6,486
8 years$9,583$8,847$8,164$7,531$6,945$5,159
9 years$8,432$7,703$7,032$6,415$5,849$4,161
10 years$7,511$6,790$6,130$5,530$4,983$3,391
11 years$6,759$6,044$5,397$4,812$4,286$2,786
12 years$6,132$5,425$4,790$4,221$3,714$2,304
13 years$5,603$4,903$4,279$3,727$3,239$1,916
14 years$5,149$4,456$3,845$3,308$2,839$1,599
15 years$4,756$4,071$3,471$2,950$2,500$1,340
16 years$4,413$3,735$3,147$2,642$2,209$1,125
17 years$4,110$3,440$2,864$2,373$1,959$948
18 years$3,841$3,179$2,614$2,139$1,742$800
19 years$3,601$2,946$2,393$1,933$1,552$676
20 years$3,385$2,737$2,197$1,750$1,387$572
21 years$3,190$2,550$2,020$1,589$1,241$484
22 years$3,013$2,380$1,862$1,444$1,112$411
23 years$2,851$2,226$1,719$1,315$998$349
24 years$2,704$2,086$1,590$1,200$897$296
25 years$2,568$1,957$1,473$1,096$808$252
26 years$2,443$1,840$1,366$1,002$727$214
27 years$2,327$1,731$1,268$917$656$182
28 years$2,220$1,631$1,179$840$592$155
29 years$2,120$1,539$1,097$770$534$132
30 years$2,027$1,453$1,022$707$483$112
31 years$1,941$1,374$953$649$437$95
32 years$1,860$1,300$889$597$395$81
33 years$1,784$1,231$830$549$357$69
34 years$1,712$1,167$776$505$324$59
35 years$1,645$1,107$725$465$293$50
36 years$1,582$1,050$678$428$266$43
37 years$1,522$998$635$394$241$36
38 years$1,466$948$595$364$218$31
39 years$1,412$902$557$335$198$26
40 years$1,362$858$522$309$179$23
41 years$1,314$817$490$285$163$19
42 years$1,268$778$459$263$148$16
43 years$1,225$741$431$243$134$14
44 years$1,183$706$404$224$122$12
45 years$1,144$674$380$207$110$10
46 years$1,107$643$357$191$100$9
47 years$1,071$613$335$177$91$7
48 years$1,036$585$315$163$83$6
49 years$1,004$559$296$151$75$5
50 years$972$534$278$140$68$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $996,000, adding $4,598 every year, while hoping to spend $35,636 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: 33/37/30 Blend
51$996,000$996,000$996,000$996,000
52$1,102,335$1,049,547$1,034,109$1,128,568
53$1,176,857$1,063,058$1,030,835$1,162,536
54$1,257,785$1,076,037$1,026,257$1,195,658
55$1,345,736$1,088,420$1,020,294$1,230,676
56$1,441,388$1,100,139$1,012,860$1,267,783
57$1,545,485$1,111,122$1,003,867$1,307,194
58$1,658,848$1,121,290$993,220$1,349,149
59$1,782,379$1,130,562$980,821$1,393,913
60$1,917,072$1,138,850$966,569$1,441,782
61$2,064,020$1,146,060$950,355$1,493,084
62$2,224,425$1,152,092$932,068$1,548,183
63$2,399,613$1,156,841$911,588$1,607,483
64$2,591,041$1,160,194$888,794$1,671,433
65$2,800,316$1,162,031$863,557$1,740,530
66$3,029,203$1,162,226$835,741$1,815,325
67$3,279,649$1,160,643$805,206$1,896,431
68$3,553,797$1,157,138$771,804$1,984,525
69$3,854,006$1,151,560$735,382$2,080,359
70$4,182,875$1,143,746$695,777$2,184,765
71$4,543,265$1,133,526$652,822$2,298,665
72$4,938,327$1,120,719$606,341$2,423,079
73$5,371,533$1,105,130$556,150$2,559,140
74$5,846,705$1,086,557$502,056$2,708,098
75$6,368,053$1,064,783$443,860$2,871,338
76$6,940,216$1,039,579$381,351$3,050,393
77$7,568,302$1,010,702$314,310$3,246,960
78$8,257,939$977,897$242,509$3,462,914
79$9,015,325$940,890$165,710$3,700,331
80$9,847,290$899,395$83,663$3,961,504
81$10,761,356$853,108$0$4,248,972
82$11,765,810$801,706$0$4,566,786
83$12,869,783$744,849$0$4,945,461
84$14,083,332$682,178$0$5,361,704
85$15,417,539$613,313$0$5,819,398
86$16,884,614$537,851$0$6,322,825
87$18,498,006$455,367$0$6,876,712
88$20,272,537$365,414$0$7,486,273
89$22,224,532$267,516$0$8,157,261
90$24,371,984$161,173$0$8,896,023
91$26,734,713$45,857$0$9,709,561
92$29,334,559$0$0$10,605,601
93$32,195,585$0$0$11,624,824
94$35,344,307$0$0$12,767,260
95$38,809,939$0$0$14,024,861
96$42,624,672$0$0$15,409,331
97$46,823,975$0$0$16,933,565
98$51,446,931$0$0$18,611,775
99$56,536,608$0$0$20,459,618
100$62,140,456$0$0$22,494,348