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

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 $1,020,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$84,231$83,480$82,748$82,034$81,336$79,273
2 years$41,698$40,922$40,169$39,439$38,732$36,667
3 years$27,523$26,743$25,992$25,269$24,573$22,571
4 years$20,436$19,659$18,916$18,205$17,526$15,601
5 years$16,186$15,413$14,679$13,983$13,323$11,482
6 years$13,353$12,586$11,863$11,182$10,542$8,786
7 years$11,330$10,569$9,858$9,194$8,573$6,903
8 years$9,814$9,060$8,361$7,712$7,112$5,526
9 years$8,635$7,888$7,201$6,569$5,990$4,487
10 years$7,692$6,953$6,278$5,663$5,103$3,682
11 years$6,922$6,190$5,527$4,928$4,389$3,047
12 years$6,280$5,556$4,905$4,323$3,804$2,538
13 years$5,738$5,021$4,382$3,816$3,317$2,126
14 years$5,273$4,564$3,938$3,388$2,907$1,788
15 years$4,871$4,169$3,555$3,021$2,560$1,509
16 years$4,519$3,825$3,223$2,705$2,262$1,278
17 years$4,209$3,523$2,933$2,431$2,006$1,085
18 years$3,934$3,255$2,677$2,190$1,784$923
19 years$3,688$3,017$2,451$1,979$1,590$786
20 years$3,467$2,803$2,249$1,793$1,420$671
21 years$3,267$2,611$2,069$1,627$1,271$573
22 years$3,085$2,438$1,907$1,479$1,139$490
23 years$2,920$2,280$1,761$1,347$1,023$420
24 years$2,769$2,136$1,628$1,229$919$359
25 years$2,630$2,005$1,508$1,122$827$308
26 years$2,502$1,884$1,399$1,026$745$264
27 years$2,383$1,773$1,299$939$672$227
28 years$2,273$1,671$1,208$860$606$195
29 years$2,171$1,576$1,124$789$547$167
30 years$2,076$1,488$1,047$724$494$144
31 years$1,988$1,407$976$665$447$123
32 years$1,905$1,331$910$611$404$106
33 years$1,827$1,261$850$562$366$91
34 years$1,754$1,195$794$517$331$78
35 years$1,685$1,133$743$476$300$67
36 years$1,620$1,076$695$438$272$58
37 years$1,559$1,022$650$404$246$50
38 years$1,501$971$609$372$223$43
39 years$1,446$923$570$343$203$37
40 years$1,395$879$535$317$184$32
41 years$1,345$836$501$292$167$27
42 years$1,299$796$470$270$151$23
43 years$1,254$759$441$249$137$20
44 years$1,212$723$414$230$125$17
45 years$1,172$690$389$212$113$15
46 years$1,133$658$365$196$103$13
47 years$1,097$628$343$181$93$11
48 years$1,061$599$323$167$85$10
49 years$1,028$572$303$155$77$8
50 years$996$547$285$143$70$7

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 $5,369 every year, while hoping to spend $58,173 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: 54/39/7 Blend
51$1,020,000$1,020,000$1,020,000$1,020,000
52$1,129,578$1,075,518$1,059,708$1,188,435
53$1,182,899$1,066,323$1,033,313$1,219,655
54$1,239,710$1,054,727$1,004,083$1,246,753
55$1,300,304$1,040,553$971,864$1,274,835
56$1,365,004$1,023,609$936,490$1,304,005
57$1,434,164$1,003,695$897,792$1,334,377
58$1,508,170$980,598$855,590$1,366,084
59$1,587,449$954,092$809,697$1,399,271
60$1,672,465$923,940$759,919$1,434,106
61$1,763,731$889,887$706,051$1,470,773
62$1,861,807$851,667$647,879$1,509,483
63$1,967,310$808,997$585,181$1,550,470
64$2,080,915$761,577$517,724$1,593,997
65$2,203,365$709,091$445,265$1,640,361
66$2,335,477$651,205$367,549$1,689,890
67$2,478,146$587,565$284,313$1,742,955
68$2,632,357$517,796$195,278$1,799,969
69$2,799,193$441,504$100,155$1,861,394
70$2,979,844$358,271$0$1,927,746
71$3,175,619$267,656$0$1,999,701
72$3,387,955$169,194$0$2,085,791
73$3,618,434$62,393$0$2,179,266
74$3,868,797$0$0$2,280,949
75$4,140,958$0$0$2,414,616
76$4,437,021$0$0$2,589,235
77$4,759,304$0$0$2,779,408
78$5,110,356$0$0$2,986,650
79$5,492,981$0$0$3,212,629
80$5,910,267$0$0$3,459,179
81$6,365,613$0$0$3,728,322
82$6,862,757$0$0$4,022,281
83$7,405,817$0$0$4,343,505
84$7,999,325$0$0$4,694,688
85$8,648,272$0$0$5,078,798
86$9,358,152$0$0$5,499,104
87$10,135,013$0$0$5,959,202
88$10,985,518$0$0$6,463,054
89$11,917,001$0$0$7,015,023
90$12,937,541$0$0$7,619,915
91$14,056,034$0$0$8,283,021
92$15,282,277$0$0$9,010,168
93$16,627,062$0$0$9,807,776
94$18,102,274$0$0$10,682,915
95$19,721,003$0$0$11,643,373
96$21,497,670$0$0$12,697,728
97$23,448,159$0$0$13,855,429
98$25,589,966$0$0$15,126,885
99$27,942,365$0$0$16,523,564
100$30,526,589$0$0$18,058,096