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%16.6%
1 years$83,405$82,662$81,937$81,230$80,539$78,369
2 years$41,290$40,521$39,775$39,053$38,352$36,182
3 years$27,253$26,481$25,737$25,021$24,332$22,229
4 years$20,236$19,466$18,730$18,027$17,354$15,334
5 years$16,027$15,262$14,535$13,846$13,192$11,261
6 years$13,222$12,462$11,747$11,073$10,438$8,598
7 years$11,219$10,466$9,762$9,104$8,489$6,740
8 years$9,717$8,971$8,279$7,637$7,043$5,383
9 years$8,550$7,811$7,130$6,505$5,931$4,360
10 years$7,617$6,885$6,216$5,607$5,053$3,569
11 years$6,854$6,129$5,473$4,880$4,346$2,946
12 years$6,219$5,501$4,857$4,280$3,766$2,448
13 years$5,681$4,972$4,339$3,779$3,284$2,044
14 years$5,221$4,519$3,899$3,355$2,879$1,715
15 years$4,823$4,128$3,520$2,992$2,535$1,444
16 years$4,475$3,788$3,192$2,679$2,240$1,219
17 years$4,168$3,488$2,904$2,407$1,986$1,032
18 years$3,895$3,223$2,651$2,169$1,766$875
19 years$3,652$2,987$2,427$1,960$1,574$743
20 years$3,433$2,776$2,227$1,775$1,406$632
21 years$3,235$2,586$2,049$1,611$1,258$539
22 years$3,055$2,414$1,888$1,465$1,128$459
23 years$2,891$2,257$1,743$1,334$1,013$392
24 years$2,742$2,115$1,612$1,217$910$335
25 years$2,604$1,985$1,493$1,111$819$286
26 years$2,477$1,865$1,385$1,016$738$244
27 years$2,360$1,756$1,286$930$665$209
28 years$2,251$1,654$1,196$852$600$179
29 years$2,150$1,561$1,113$781$542$153
30 years$2,056$1,474$1,036$717$490$131
31 years$1,968$1,393$966$659$443$112
32 years$1,886$1,318$901$605$400$96
33 years$1,809$1,248$842$557$362$82
34 years$1,736$1,183$786$512$328$71
35 years$1,668$1,122$735$471$297$61
36 years$1,604$1,065$688$434$269$52
37 years$1,544$1,012$644$400$244$44
38 years$1,486$962$603$369$221$38
39 years$1,432$914$565$340$201$33
40 years$1,381$870$529$314$182$28
41 years$1,332$828$496$289$165$24
42 years$1,286$789$466$267$150$21
43 years$1,242$751$437$246$136$18
44 years$1,200$716$410$228$123$15
45 years$1,160$683$385$210$112$13
46 years$1,122$652$362$194$102$11
47 years$1,086$622$340$179$92$10
48 years$1,051$594$319$166$84$8
49 years$1,018$567$300$153$76$7
50 years$986$541$282$142$69$6

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 $6,070 every year, while hoping to spend $42,052 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: 30/48/22 Blend
51$1,010,000$1,010,000$1,010,000$1,010,000
52$1,119,281$1,065,751$1,050,096$1,145,037
53$1,188,705$1,073,230$1,040,531$1,172,715
54$1,263,800$1,079,666$1,029,237$1,198,301
55$1,345,102$1,084,963$1,016,110$1,224,952
56$1,433,196$1,089,021$1,001,044$1,252,785
57$1,528,730$1,091,730$983,926$1,281,936
58$1,632,412$1,092,977$964,640$1,312,554
59$1,745,024$1,092,638$943,061$1,344,808
60$1,867,425$1,090,586$919,062$1,378,888
61$2,000,559$1,086,682$892,508$1,415,007
62$2,145,467$1,080,780$863,258$1,453,402
63$2,303,293$1,072,726$831,164$1,494,341
64$2,475,294$1,062,356$796,074$1,538,123
65$2,662,858$1,049,494$757,826$1,585,081
66$2,867,508$1,033,958$716,252$1,635,588
67$3,090,923$1,015,551$671,175$1,690,062
68$3,334,950$994,067$622,413$1,748,966
69$3,601,624$969,285$569,773$1,812,820
70$3,893,184$940,975$513,055$1,882,201
71$4,212,096$908,889$452,049$1,957,753
72$4,561,073$872,768$386,536$2,040,193
73$4,943,105$832,336$316,287$2,130,318
74$5,361,483$787,302$241,065$2,229,017
75$5,819,833$737,359$160,619$2,337,275
76$6,322,146$682,179$74,690$2,456,189
77$6,872,819$621,420$0$2,586,979
78$7,476,694$554,717$0$2,734,990
79$8,139,103$481,685$0$2,916,702
80$8,865,922$401,917$0$3,116,300
81$9,663,620$314,985$0$3,335,707
82$10,539,324$220,434$0$3,577,049
83$11,500,886$117,786$0$3,842,682
84$12,556,953$6,535$0$4,135,207
85$13,717,053$0$0$4,457,507
86$14,991,681$0$0$4,872,902
87$16,392,399$0$0$5,333,353
88$17,931,944$0$0$5,839,619
89$19,624,350$0$0$6,396,335
90$21,485,076$0$0$7,008,610
91$23,531,157$0$0$7,682,072
92$25,781,358$0$0$8,422,922
93$28,256,355$0$0$9,237,994
94$30,978,928$0$0$10,134,814
95$33,974,178$0$0$11,121,679
96$37,269,758$0$0$12,207,727
97$40,896,139$0$0$13,403,029
98$44,886,894$0$0$14,718,679
99$49,279,015$0$0$16,166,905
100$54,113,264$0$0$17,761,179