Can I retire at age 52 with 1,020,000?

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 $1,020,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$84,231$83,480$82,748$82,034$81,336$79,956
2 years$41,698$40,922$40,169$39,439$38,732$37,345
3 years$27,523$26,743$25,992$25,269$24,573$23,224
4 years$20,436$19,659$18,916$18,205$17,526$16,224
5 years$16,186$15,413$14,679$13,983$13,323$12,072
6 years$13,353$12,586$11,863$11,182$10,542$9,344
7 years$11,330$10,569$9,858$9,194$8,573$7,428
8 years$9,814$9,060$8,361$7,712$7,112$6,020
9 years$8,635$7,888$7,201$6,569$5,990$4,950
10 years$7,692$6,953$6,278$5,663$5,103$4,115
11 years$6,922$6,190$5,527$4,928$4,389$3,451
12 years$6,280$5,556$4,905$4,323$3,804$2,914
13 years$5,738$5,021$4,382$3,816$3,317$2,475
14 years$5,273$4,564$3,938$3,388$2,907$2,112
15 years$4,871$4,169$3,555$3,021$2,560$1,809
16 years$4,519$3,825$3,223$2,705$2,262$1,555
17 years$4,209$3,523$2,933$2,431$2,006$1,340
18 years$3,934$3,255$2,677$2,190$1,784$1,157
19 years$3,688$3,017$2,451$1,979$1,590$1,001
20 years$3,467$2,803$2,249$1,793$1,420$868
21 years$3,267$2,611$2,069$1,627$1,271$754
22 years$3,085$2,438$1,907$1,479$1,139$655
23 years$2,920$2,280$1,761$1,347$1,023$570
24 years$2,769$2,136$1,628$1,229$919$497
25 years$2,630$2,005$1,508$1,122$827$433
26 years$2,502$1,884$1,399$1,026$745$378
27 years$2,383$1,773$1,299$939$672$330
28 years$2,273$1,671$1,208$860$606$288
29 years$2,171$1,576$1,124$789$547$251
30 years$2,076$1,488$1,047$724$494$220
31 years$1,988$1,407$976$665$447$192
32 years$1,905$1,331$910$611$404$168
33 years$1,827$1,261$850$562$366$147
34 years$1,754$1,195$794$517$331$129
35 years$1,685$1,133$743$476$300$113
36 years$1,620$1,076$695$438$272$99
37 years$1,559$1,022$650$404$246$86
38 years$1,501$971$609$372$223$76
39 years$1,446$923$570$343$203$66
40 years$1,395$879$535$317$184$58
41 years$1,345$836$501$292$167$51
42 years$1,299$796$470$270$151$44
43 years$1,254$759$441$249$137$39
44 years$1,212$723$414$230$125$34
45 years$1,172$690$389$212$113$30
46 years$1,133$658$365$196$103$26
47 years$1,097$628$343$181$93$23
48 years$1,061$599$323$167$85$20
49 years$1,028$572$303$155$77$18
50 years$996$547$285$143$70$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,020,000, adding $4,921 every year, while hoping to spend $47,204 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: 28/44/28 Blend
51$1,020,000$1,020,000$1,020,000$1,020,000
52$1,129,116$1,075,056$1,059,246$1,150,825
53$1,194,061$1,077,509$1,044,506$1,171,022
54$1,264,049$1,078,500$1,027,690$1,188,303
55$1,339,543$1,077,908$1,008,679$1,205,920
56$1,421,054$1,075,604$987,348$1,223,935
57$1,509,143$1,071,450$963,566$1,242,419
58$1,604,427$1,065,301$937,196$1,261,458
59$1,707,581$1,057,004$908,095$1,281,146
60$1,819,352$1,046,395$876,114$1,301,596
61$1,940,558$1,033,300$841,095$1,322,935
62$2,072,099$1,017,536$802,876$1,345,308
63$2,214,966$998,908$761,285$1,368,882
64$2,370,248$977,210$716,144$1,393,846
65$2,539,143$952,224$667,265$1,420,415
66$2,722,971$923,717$614,453$1,448,834
67$2,923,181$891,447$557,504$1,479,376
68$3,141,370$855,152$496,205$1,512,356
69$3,379,295$814,560$430,334$1,548,122
70$3,638,890$769,380$359,657$1,587,072
71$3,922,284$719,307$283,932$1,629,650
72$4,231,818$664,014$202,905$1,676,356
73$4,570,073$603,161$116,312$1,727,752
74$4,939,889$536,383$23,876$1,784,466
75$5,344,391$463,300$0$1,847,204
76$5,787,022$383,505$0$1,939,092
77$6,271,573$296,571$0$2,047,738
78$6,802,218$202,047$0$2,167,080
79$7,383,553$99,457$0$2,298,315
80$8,020,641$0$0$2,442,773
81$8,719,057$0$0$2,607,594
82$9,484,941$0$0$2,841,308
83$10,325,056$0$0$3,097,845
84$11,246,852$0$0$3,379,501
85$12,258,533$0$0$3,688,804
86$13,369,137$0$0$4,028,541
87$14,588,620$0$0$4,401,781
88$15,927,950$0$0$4,811,904
89$17,399,206$0$0$5,262,636
90$19,015,699$0$0$5,758,080
91$20,792,089$0$0$6,302,757
92$22,744,531$0$0$6,901,647
93$24,890,818$0$0$7,560,239
94$27,250,557$0$0$8,284,578
95$29,845,347$0$0$9,081,325
96$32,698,984$0$0$9,957,819
97$35,837,690$0$0$10,922,147
98$39,290,351$0$0$11,983,218
99$43,088,795$0$0$13,150,849
100$47,268,092$0$0$14,435,857