Can I retire at age 52 with 1,000,000?

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 $1,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$82,579$81,843$81,126$80,425$79,741$78,131
2 years$40,881$40,119$39,381$38,666$37,972$36,357
3 years$26,983$26,218$25,482$24,774$24,091$22,521
4 years$20,036$19,273$18,545$17,848$17,182$15,670
5 years$15,868$15,111$14,391$13,709$13,061$11,611
6 years$13,091$12,339$11,630$10,963$10,335$8,948
7 years$11,108$10,362$9,665$9,013$8,405$7,082
8 years$9,621$8,882$8,197$7,561$6,973$5,713
9 years$8,466$7,734$7,060$6,440$5,872$4,675
10 years$7,542$6,817$6,155$5,552$5,003$3,867
11 years$6,786$6,069$5,419$4,832$4,303$3,227
12 years$6,157$5,447$4,809$4,238$3,729$2,711
13 years$5,625$4,922$4,296$3,742$3,252$2,290
14 years$5,170$4,474$3,860$3,321$2,850$1,943
15 years$4,775$4,087$3,485$2,962$2,510$1,656
16 years$4,430$3,750$3,160$2,652$2,218$1,415
17 years$4,126$3,454$2,875$2,383$1,967$1,212
18 years$3,857$3,191$2,625$2,148$1,749$1,041
19 years$3,615$2,958$2,403$1,940$1,559$896
20 years$3,399$2,748$2,205$1,757$1,392$772
21 years$3,203$2,560$2,029$1,595$1,246$666
22 years$3,025$2,390$1,870$1,450$1,117$575
23 years$2,863$2,235$1,726$1,321$1,002$498
24 years$2,714$2,094$1,596$1,205$901$431
25 years$2,578$1,965$1,479$1,100$811$373
26 years$2,453$1,847$1,371$1,006$730$323
27 years$2,336$1,738$1,273$921$658$280
28 years$2,229$1,638$1,184$844$594$243
29 years$2,129$1,545$1,102$774$537$211
30 years$2,036$1,459$1,026$710$485$183
31 years$1,949$1,380$957$652$438$159
32 years$1,867$1,305$893$599$396$138
33 years$1,791$1,236$833$551$359$120
34 years$1,719$1,172$779$507$325$104
35 years$1,652$1,111$728$467$294$91
36 years$1,588$1,055$681$430$267$79
37 years$1,528$1,002$637$396$242$69
38 years$1,472$952$597$365$219$60
39 years$1,418$905$559$337$199$52
40 years$1,367$861$524$310$180$45
41 years$1,319$820$492$286$163$39
42 years$1,273$781$461$264$148$34
43 years$1,230$744$433$244$135$30
44 years$1,188$709$406$225$122$26
45 years$1,149$676$381$208$111$23
46 years$1,111$645$358$192$101$20
47 years$1,075$616$336$178$91$17
48 years$1,041$588$316$164$83$15
49 years$1,008$561$297$152$75$13
50 years$976$536$279$140$69$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,000,000, adding $6,015 every year, while hoping to spend $22,381 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: 89/5/6 Blend
51$1,000,000$1,000,000$1,000,000$1,000,000
52$1,108,204$1,055,204$1,039,704$1,206,131
53$1,197,428$1,083,096$1,050,721$1,298,645
54$1,295,002$1,111,605$1,061,357$1,396,570
55$1,401,756$1,140,736$1,071,576$1,503,507
56$1,518,600$1,170,497$1,081,338$1,620,348
57$1,646,538$1,200,893$1,090,605$1,748,075
58$1,786,677$1,231,929$1,099,332$1,887,770
59$1,940,235$1,263,610$1,107,476$2,040,626
60$2,108,552$1,295,940$1,114,990$2,207,956
61$2,293,105$1,328,922$1,121,823$2,391,204
62$2,495,521$1,362,559$1,127,923$2,591,964
63$2,717,592$1,396,852$1,133,237$2,811,990
64$2,961,292$1,431,803$1,137,705$3,053,213
65$3,228,794$1,467,411$1,141,268$3,317,762
66$3,522,492$1,503,676$1,143,862$3,607,983
67$3,845,025$1,540,595$1,145,421$3,926,457
68$4,199,299$1,578,165$1,145,873$4,276,030
69$4,588,514$1,616,382$1,145,147$4,659,838
70$5,016,197$1,655,239$1,143,163$5,081,333
71$5,486,233$1,694,729$1,139,843$5,544,321
72$6,002,901$1,734,844$1,135,101$6,052,994
73$6,570,918$1,775,571$1,128,847$6,611,970
74$7,195,477$1,816,900$1,120,989$7,226,339
75$7,882,303$1,858,815$1,111,429$7,901,706
76$8,637,700$1,901,300$1,100,065$8,644,250
77$9,468,618$1,944,336$1,086,789$9,460,777
78$10,382,710$1,987,901$1,071,490$10,358,787
79$11,388,411$2,031,973$1,054,049$11,346,544
80$12,495,013$2,076,524$1,034,344$12,433,152
81$13,712,755$2,121,525$1,012,245$13,628,644
82$15,052,920$2,166,943$987,619$14,944,076
83$16,527,938$2,212,743$960,324$16,391,629
84$18,151,505$2,258,885$930,213$17,984,726
85$19,938,714$2,305,326$897,131$19,738,156
86$21,906,195$2,352,020$860,917$21,668,219
87$24,072,272$2,398,913$821,403$23,792,871
88$26,457,135$2,445,952$778,411$26,131,904
89$29,083,034$2,493,074$731,758$28,707,123
90$31,974,483$2,540,214$681,252$31,542,557
91$35,158,496$2,587,301$626,690$34,664,685
92$38,664,842$2,634,257$567,863$38,102,686
93$42,526,320$2,681,001$504,551$41,888,712
94$46,779,076$2,727,440$436,524$46,058,194
95$51,462,937$2,773,481$363,544$50,650,175
96$56,621,793$2,819,017$285,359$55,707,681
97$62,304,005$2,863,939$201,708$61,278,121
98$68,562,868$2,908,125$112,318$67,413,742
99$75,457,105$2,951,448$16,906$74,172,117
100$83,051,431$2,993,770$0$81,616,688