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%13.1%
1 years$83,405$82,662$81,937$81,230$80,539$79,499
2 years$41,290$40,521$39,775$39,053$38,352$37,306
3 years$27,253$26,481$25,737$25,021$24,332$23,313
4 years$20,236$19,466$18,730$18,027$17,354$16,368
5 years$16,027$15,262$14,535$13,846$13,192$12,244
6 years$13,222$12,462$11,747$11,073$10,438$9,528
7 years$11,219$10,466$9,762$9,104$8,489$7,617
8 years$9,717$8,971$8,279$7,637$7,043$6,209
9 years$8,550$7,811$7,130$6,505$5,931$5,135
10 years$7,617$6,885$6,216$5,607$5,053$4,295
11 years$6,854$6,129$5,473$4,880$4,346$3,624
12 years$6,219$5,501$4,857$4,280$3,766$3,080
13 years$5,681$4,972$4,339$3,779$3,284$2,633
14 years$5,221$4,519$3,899$3,355$2,879$2,262
15 years$4,823$4,128$3,520$2,992$2,535$1,951
16 years$4,475$3,788$3,192$2,679$2,240$1,688
17 years$4,168$3,488$2,904$2,407$1,986$1,465
18 years$3,895$3,223$2,651$2,169$1,766$1,275
19 years$3,652$2,987$2,427$1,960$1,574$1,111
20 years$3,433$2,776$2,227$1,775$1,406$971
21 years$3,235$2,586$2,049$1,611$1,258$849
22 years$3,055$2,414$1,888$1,465$1,128$744
23 years$2,891$2,257$1,743$1,334$1,013$652
24 years$2,742$2,115$1,612$1,217$910$572
25 years$2,604$1,985$1,493$1,111$819$503
26 years$2,477$1,865$1,385$1,016$738$442
27 years$2,360$1,756$1,286$930$665$389
28 years$2,251$1,654$1,196$852$600$343
29 years$2,150$1,561$1,113$781$542$302
30 years$2,056$1,474$1,036$717$490$266
31 years$1,968$1,393$966$659$443$234
32 years$1,886$1,318$901$605$400$207
33 years$1,809$1,248$842$557$362$182
34 years$1,736$1,183$786$512$328$161
35 years$1,668$1,122$735$471$297$142
36 years$1,604$1,065$688$434$269$125
37 years$1,544$1,012$644$400$244$111
38 years$1,486$962$603$369$221$98
39 years$1,432$914$565$340$201$86
40 years$1,381$870$529$314$182$76
41 years$1,332$828$496$289$165$67
42 years$1,286$789$466$267$150$60
43 years$1,242$751$437$246$136$53
44 years$1,200$716$410$228$123$46
45 years$1,160$683$385$210$112$41
46 years$1,122$652$362$194$102$36
47 years$1,086$622$340$179$92$32
48 years$1,051$594$319$166$84$28
49 years$1,018$567$300$153$76$25
50 years$986$541$282$142$69$22

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 $4,534 every year, while hoping to spend $55,734 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: 50/32/18 Blend
51$1,010,000$1,010,000$1,010,000$1,010,000
52$1,117,697$1,064,167$1,048,512$1,167,785
53$1,172,401$1,057,010$1,024,336$1,195,679
54$1,230,818$1,047,635$997,483$1,219,860
55$1,293,266$1,035,874$967,804$1,244,940
56$1,360,096$1,021,549$935,142$1,271,023
57$1,431,693$1,004,472$899,336$1,298,229
58$1,508,478$984,444$860,217$1,326,691
59$1,590,914$961,253$817,605$1,356,560
60$1,679,508$934,675$771,316$1,388,006
61$1,774,818$904,474$721,155$1,421,221
62$1,877,456$870,400$666,920$1,456,421
63$1,988,093$832,186$608,399$1,493,848
64$2,107,468$789,553$545,370$1,533,772
65$2,236,392$742,203$477,602$1,576,499
66$2,375,756$689,823$404,853$1,622,369
67$2,526,540$632,081$326,872$1,671,764
68$2,689,820$568,626$243,395$1,725,111
69$2,866,780$499,087$154,147$1,782,887
70$3,058,721$423,072$58,841$1,845,624
71$3,267,076$340,168$0$1,913,916
72$3,493,419$249,937$0$1,996,659
73$3,739,481$151,917$0$2,098,954
74$4,007,169$45,622$0$2,210,375
75$4,298,577$0$0$2,331,903
76$4,616,014$0$0$2,489,086
77$4,962,017$0$0$2,678,022
78$5,339,380$0$0$2,884,184
79$5,751,178$0$0$3,109,264
80$6,200,796$0$0$3,355,124
81$6,691,959$0$0$3,623,818
82$7,228,770$0$0$3,917,602
83$7,815,743$0$0$4,238,962
84$8,457,851$0$0$4,590,637
85$9,160,569$0$0$4,975,641
86$9,929,924$0$0$5,397,293
87$10,772,556$0$0$5,859,249
88$11,695,774$0$0$6,365,535
89$12,707,629$0$0$6,920,584
90$13,816,989$0$0$7,529,279
91$15,033,618$0$0$8,197,000
92$16,368,273$0$0$8,929,669
93$17,832,802$0$0$9,733,813
94$19,440,255$0$0$10,616,620
95$21,205,005$0$0$11,586,006
96$23,142,888$0$0$12,650,694
97$25,271,347$0$0$13,820,292
98$27,609,596$0$0$15,105,385
99$30,178,806$0$0$16,517,633
100$33,002,295$0$0$18,069,882