Can I retire at age 52 with 997,000?

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 $997,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$82,331$81,598$80,882$80,184$79,502$78,968
2 years$40,758$39,999$39,263$38,550$37,858$37,319
3 years$26,902$26,140$25,406$24,699$24,019$23,492
4 years$19,976$19,216$18,489$17,795$17,130$16,620
5 years$15,821$15,065$14,348$13,668$13,022$12,530
6 years$13,052$12,302$11,596$10,930$10,304$9,830
7 years$11,075$10,331$9,636$8,986$8,380$7,924
8 years$9,592$8,856$8,172$7,538$6,952$6,515
9 years$8,440$7,710$7,039$6,421$5,855$5,436
10 years$7,519$6,796$6,136$5,535$4,988$4,588
11 years$6,766$6,050$5,402$4,817$4,290$3,907
12 years$6,139$5,431$4,794$4,225$3,718$3,353
13 years$5,608$4,908$4,284$3,730$3,242$2,894
14 years$5,154$4,461$3,849$3,311$2,842$2,511
15 years$4,761$4,075$3,475$2,953$2,502$2,188
16 years$4,417$3,739$3,151$2,644$2,211$1,913
17 years$4,114$3,443$2,867$2,376$1,961$1,677
18 years$3,845$3,182$2,617$2,141$1,744$1,475
19 years$3,605$2,949$2,396$1,935$1,554$1,300
20 years$3,388$2,740$2,199$1,752$1,388$1,148
21 years$3,193$2,552$2,022$1,590$1,242$1,015
22 years$3,016$2,383$1,864$1,446$1,113$899
23 years$2,854$2,228$1,721$1,317$999$798
24 years$2,706$2,088$1,592$1,201$898$708
25 years$2,570$1,959$1,474$1,097$808$630
26 years$2,445$1,841$1,367$1,003$728$560
27 years$2,329$1,733$1,270$918$657$499
28 years$2,222$1,633$1,180$841$592$445
29 years$2,122$1,541$1,098$771$535$396
30 years$2,029$1,455$1,023$708$483$354
31 years$1,943$1,375$954$650$437$316
32 years$1,862$1,301$890$597$395$282
33 years$1,785$1,232$831$549$358$252
34 years$1,714$1,168$776$505$324$225
35 years$1,647$1,108$726$465$293$201
36 years$1,583$1,052$679$429$266$180
37 years$1,524$999$636$395$241$161
38 years$1,467$949$595$364$218$144
39 years$1,414$903$558$336$198$129
40 years$1,363$859$523$310$180$115
41 years$1,315$817$490$286$163$103
42 years$1,269$778$460$264$148$92
43 years$1,226$742$431$243$134$82
44 years$1,185$707$405$225$122$74
45 years$1,145$674$380$207$111$66
46 years$1,108$643$357$192$100$59
47 years$1,072$614$335$177$91$53
48 years$1,038$586$315$164$83$47
49 years$1,005$560$296$151$75$42
50 years$973$534$279$140$68$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $997,000, adding $3,494 every year, while hoping to spend $31,210 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: 61/9/30 Blend
51$997,000$997,000$997,000$997,000
52$1,102,298$1,049,457$1,034,004$1,160,382
53$1,181,525$1,067,673$1,035,435$1,218,627
54$1,267,788$1,085,736$1,035,869$1,278,534
55$1,361,770$1,103,605$1,035,239$1,343,285
56$1,464,225$1,121,236$1,033,474$1,413,361
57$1,575,983$1,138,584$1,030,502$1,489,291
58$1,697,956$1,155,597$1,026,247$1,571,661
59$1,831,148$1,172,222$1,020,627$1,661,117
60$1,976,667$1,188,402$1,013,559$1,758,370
61$2,135,728$1,204,076$1,004,955$1,864,206
62$2,309,673$1,219,176$994,722$1,979,491
63$2,499,978$1,233,634$982,763$2,105,181
64$2,708,268$1,247,374$968,978$2,242,329
65$2,936,331$1,260,316$953,259$2,392,099
66$3,186,140$1,272,374$935,496$2,555,773
67$3,459,864$1,283,457$915,572$2,734,765
68$3,759,892$1,293,469$893,366$2,930,634
69$4,088,858$1,302,306$868,751$3,145,102
70$4,449,660$1,309,858$841,593$3,380,064
71$4,845,492$1,316,008$811,753$3,637,615
72$5,279,871$1,320,631$779,085$3,920,061
73$5,756,671$1,323,594$743,437$4,229,947
74$6,280,159$1,324,758$704,650$4,570,080
75$6,855,037$1,323,973$662,557$4,943,553
76$7,486,482$1,321,080$616,985$5,353,779
77$8,180,201$1,315,910$567,752$5,804,521
78$8,942,477$1,308,285$514,667$6,299,928
79$9,780,234$1,298,015$457,532$6,844,575
80$10,701,099$1,284,899$396,141$7,443,506
81$11,713,475$1,268,723$330,276$8,102,283
82$12,826,622$1,249,263$259,712$8,827,037
83$14,050,738$1,226,277$184,213$9,624,531
84$15,397,061$1,199,513$103,532$10,502,218
85$16,877,974$1,168,702$17,413$11,468,317
86$18,507,118$1,133,558$0$12,531,888
87$20,299,523$1,093,782$0$13,726,765
88$22,271,751$1,049,055$0$15,047,612
89$24,442,050$999,038$0$16,501,086
90$26,830,524$943,376$0$18,100,665
91$29,459,327$881,691$0$19,861,206
92$32,352,869$813,584$0$21,799,080
93$35,538,046$738,634$0$23,932,325
94$39,044,494$656,395$0$26,280,821
95$42,904,869$566,395$0$28,866,475
96$47,155,155$468,137$0$31,713,428
97$51,835,000$361,095$0$34,848,281
98$56,988,095$244,714$0$38,300,352
99$62,662,582$118,407$0$42,101,945
100$68,911,511$0$0$46,288,663