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

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 $1,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$83,405$82,662$81,937$81,230$80,539$78,243
2 years$41,290$40,521$39,775$39,053$38,352$36,057
3 years$27,253$26,481$25,737$25,021$24,332$22,109
4 years$20,236$19,466$18,730$18,027$17,354$15,221
5 years$16,027$15,262$14,535$13,846$13,192$11,155
6 years$13,222$12,462$11,747$11,073$10,438$8,498
7 years$11,219$10,466$9,762$9,104$8,489$6,647
8 years$9,717$8,971$8,279$7,637$7,043$5,296
9 years$8,550$7,811$7,130$6,505$5,931$4,279
10 years$7,617$6,885$6,216$5,607$5,053$3,494
11 years$6,854$6,129$5,473$4,880$4,346$2,877
12 years$6,219$5,501$4,857$4,280$3,766$2,384
13 years$5,681$4,972$4,339$3,779$3,284$1,986
14 years$5,221$4,519$3,899$3,355$2,879$1,661
15 years$4,823$4,128$3,520$2,992$2,535$1,394
16 years$4,475$3,788$3,192$2,679$2,240$1,174
17 years$4,168$3,488$2,904$2,407$1,986$991
18 years$3,895$3,223$2,651$2,169$1,766$838
19 years$3,652$2,987$2,427$1,960$1,574$709
20 years$3,433$2,776$2,227$1,775$1,406$602
21 years$3,235$2,586$2,049$1,611$1,258$511
22 years$3,055$2,414$1,888$1,465$1,128$434
23 years$2,891$2,257$1,743$1,334$1,013$369
24 years$2,742$2,115$1,612$1,217$910$314
25 years$2,604$1,985$1,493$1,111$819$268
26 years$2,477$1,865$1,385$1,016$738$228
27 years$2,360$1,756$1,286$930$665$195
28 years$2,251$1,654$1,196$852$600$166
29 years$2,150$1,561$1,113$781$542$142
30 years$2,056$1,474$1,036$717$490$121
31 years$1,968$1,393$966$659$443$103
32 years$1,886$1,318$901$605$400$88
33 years$1,809$1,248$842$557$362$75
34 years$1,736$1,183$786$512$328$64
35 years$1,668$1,122$735$471$297$55
36 years$1,604$1,065$688$434$269$47
37 years$1,544$1,012$644$400$244$40
38 years$1,486$962$603$369$221$34
39 years$1,432$914$565$340$201$29
40 years$1,381$870$529$314$182$25
41 years$1,332$828$496$289$165$21
42 years$1,286$789$466$267$150$18
43 years$1,242$751$437$246$136$16
44 years$1,200$716$410$228$123$13
45 years$1,160$683$385$210$112$11
46 years$1,122$652$362$194$102$10
47 years$1,086$622$340$179$92$8
48 years$1,051$594$319$166$84$7
49 years$1,018$567$300$153$76$6
50 years$986$541$282$142$69$5

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 $3,555 every year, while hoping to spend $49,634 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: 44/38/18 Blend
51$1,010,000$1,010,000$1,010,000$1,010,000
52$1,116,687$1,063,157$1,047,502$1,159,867
53$1,177,779$1,062,441$1,029,783$1,189,834
54$1,243,439$1,060,027$1,009,807$1,217,109
55$1,314,080$1,055,779$987,446$1,245,627
56$1,390,156$1,049,553$962,566$1,275,528
57$1,472,167$1,041,195$935,026$1,306,965
58$1,560,659$1,030,545$904,681$1,340,114
59$1,656,235$1,017,431$871,377$1,375,169
60$1,759,556$1,001,670$834,953$1,412,348
61$1,871,350$983,070$795,242$1,451,896
62$1,992,413$961,427$752,069$1,494,087
63$2,123,627$936,524$705,251$1,539,226
64$2,265,955$908,133$654,595$1,587,655
65$2,420,462$876,010$599,903$1,639,756
66$2,588,314$839,900$540,965$1,695,954
67$2,770,798$799,531$477,563$1,756,723
68$2,969,327$754,615$409,469$1,822,593
69$3,185,457$704,850$336,445$1,894,152
70$3,420,900$649,914$258,243$1,972,057
71$3,677,540$589,468$174,602$2,057,038
72$3,957,450$523,153$85,252$2,149,906
73$4,262,912$450,589$0$2,251,565
74$4,596,438$371,377$0$2,364,959
75$4,960,793$285,093$0$2,506,861
76$5,359,020$191,289$0$2,662,178
77$5,794,473$89,495$0$2,832,347
78$6,270,839$0$0$3,018,958
79$6,792,183$0$0$3,232,464
80$7,362,978$0$0$3,507,312
81$7,988,151$0$0$3,808,466
82$8,673,127$0$0$4,138,555
83$9,423,882$0$0$4,500,475
84$10,246,995$0$0$4,897,413
85$11,149,715$0$0$5,332,883
86$12,140,025$0$0$5,810,753
87$13,226,718$0$0$6,335,284
88$14,419,477$0$0$6,911,169
89$15,728,973$0$0$7,543,580
90$17,166,956$0$0$8,238,213
91$18,746,374$0$0$9,001,341
92$20,481,486$0$0$9,839,877
93$22,388,003$0$0$10,761,437
94$24,483,233$0$0$11,774,409
95$26,786,244$0$0$12,888,037
96$29,318,043$0$0$14,112,503
97$32,101,772$0$0$15,459,026
98$35,162,930$0$0$16,939,966
99$38,529,610$0$0$18,568,942
100$42,232,763$0$0$20,360,958