Can I retire at age 52 with 1,010,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$83,405$82,662$81,937$81,230$80,539$77,681
2 years$41,290$40,521$39,775$39,053$38,352$35,503
3 years$27,253$26,481$25,737$25,021$24,332$21,582
4 years$20,236$19,466$18,730$18,027$17,354$14,723
5 years$16,027$15,262$14,535$13,846$13,192$10,688
6 years$13,222$12,462$11,747$11,073$10,438$8,063
7 years$11,219$10,466$9,762$9,104$8,489$6,242
8 years$9,717$8,971$8,279$7,637$7,043$4,921
9 years$8,550$7,811$7,130$6,505$5,931$3,933
10 years$7,617$6,885$6,216$5,607$5,053$3,175
11 years$6,854$6,129$5,473$4,880$4,346$2,584
12 years$6,219$5,501$4,857$4,280$3,766$2,116
13 years$5,681$4,972$4,339$3,779$3,284$1,741
14 years$5,221$4,519$3,899$3,355$2,879$1,438
15 years$4,823$4,128$3,520$2,992$2,535$1,192
16 years$4,475$3,788$3,192$2,679$2,240$991
17 years$4,168$3,488$2,904$2,407$1,986$825
18 years$3,895$3,223$2,651$2,169$1,766$688
19 years$3,652$2,987$2,427$1,960$1,574$575
20 years$3,433$2,776$2,227$1,775$1,406$481
21 years$3,235$2,586$2,049$1,611$1,258$403
22 years$3,055$2,414$1,888$1,465$1,128$338
23 years$2,891$2,257$1,743$1,334$1,013$283
24 years$2,742$2,115$1,612$1,217$910$238
25 years$2,604$1,985$1,493$1,111$819$200
26 years$2,477$1,865$1,385$1,016$738$168
27 years$2,360$1,756$1,286$930$665$141
28 years$2,251$1,654$1,196$852$600$118
29 years$2,150$1,561$1,113$781$542$99
30 years$2,056$1,474$1,036$717$490$84
31 years$1,968$1,393$966$659$443$70
32 years$1,886$1,318$901$605$400$59
33 years$1,809$1,248$842$557$362$50
34 years$1,736$1,183$786$512$328$42
35 years$1,668$1,122$735$471$297$35
36 years$1,604$1,065$688$434$269$30
37 years$1,544$1,012$644$400$244$25
38 years$1,486$962$603$369$221$21
39 years$1,432$914$565$340$201$18
40 years$1,381$870$529$314$182$15
41 years$1,332$828$496$289$165$13
42 years$1,286$789$466$267$150$11
43 years$1,242$751$437$246$136$9
44 years$1,200$716$410$228$123$7
45 years$1,160$683$385$210$112$6
46 years$1,122$652$362$194$102$5
47 years$1,086$622$340$179$92$4
48 years$1,051$594$319$166$84$4
49 years$1,018$567$300$153$76$3
50 years$986$541$282$142$69$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,010,000, adding $3,034 every year, while hoping to spend $28,525 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: 45/37/18 Blend
51$1,010,000$1,010,000$1,010,000$1,010,000
52$1,116,150$1,062,620$1,046,965$1,160,481
53$1,199,646$1,084,338$1,051,688$1,213,540
54$1,290,704$1,106,164$1,055,613$1,267,964
55$1,390,063$1,128,073$1,058,683$1,326,381
56$1,498,540$1,150,039$1,060,839$1,389,172
57$1,617,032$1,172,032$1,062,018$1,456,761
58$1,746,528$1,194,020$1,062,155$1,529,614
59$1,888,116$1,215,969$1,061,179$1,608,243
60$2,042,994$1,237,842$1,059,019$1,693,216
61$2,212,483$1,259,600$1,055,599$1,785,157
62$2,398,033$1,281,197$1,050,839$1,884,755
63$2,601,247$1,302,590$1,044,656$1,992,769
64$2,823,884$1,323,727$1,036,962$2,110,039
65$3,067,885$1,344,555$1,027,666$2,237,488
66$3,335,388$1,365,016$1,016,671$2,376,136
67$3,628,745$1,385,049$1,003,877$2,527,107
68$3,950,548$1,404,588$989,178$2,691,642
69$4,303,653$1,423,562$972,465$2,871,109
70$4,691,205$1,441,896$953,621$3,067,016
71$5,116,667$1,459,508$932,527$3,281,028
72$5,583,855$1,476,312$909,055$3,514,980
73$6,096,974$1,492,217$883,073$3,770,895
74$6,660,652$1,507,122$854,443$4,051,007
75$7,279,992$1,520,925$823,021$4,357,778
76$7,960,614$1,533,512$788,654$4,693,923
77$8,708,707$1,544,766$751,185$5,062,437
78$9,531,094$1,554,558$710,448$5,466,622
79$10,435,288$1,562,754$666,271$5,910,120
80$11,429,569$1,569,210$618,472$6,396,948
81$12,523,058$1,573,774$566,864$6,931,534
82$13,725,804$1,576,283$511,248$7,518,763
83$15,048,880$1,576,565$451,419$8,164,021
84$16,504,486$1,574,437$387,162$8,873,246
85$18,106,064$1,569,704$318,251$9,652,987
86$19,868,422$1,562,160$244,453$10,510,465
87$21,807,882$1,551,586$165,522$11,453,641
88$23,942,421$1,537,749$81,203$12,491,295
89$26,291,853$1,520,404$0$13,633,107
90$28,878,007$1,499,289$0$14,891,434
91$31,724,937$1,474,127$0$16,293,112
92$34,859,147$1,444,626$0$17,835,556
93$38,309,842$1,410,474$0$19,533,128
94$42,109,202$1,371,344$0$21,401,660
95$46,292,687$1,326,886$0$23,458,600
96$50,899,371$1,276,733$0$25,723,180
97$55,972,309$1,220,495$0$28,216,601
98$61,558,943$1,157,759$0$30,962,230
99$67,711,555$1,088,088$0$33,985,821
100$74,487,752$1,011,023$0$37,315,764