Can I retire at age 52 with 1,040,000?

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 $1,040,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$85,882$85,117$84,371$83,642$82,931$81,490
2 years$42,516$41,724$40,957$40,213$39,491$38,044
3 years$28,062$27,267$26,502$25,765$25,055$23,647
4 years$20,837$20,044$19,286$18,562$17,869$16,511
5 years$16,503$15,715$14,967$14,257$13,584$12,279
6 years$13,615$12,832$12,096$11,402$10,748$9,499
7 years$11,552$10,777$10,052$9,374$8,741$7,548
8 years$10,006$9,238$8,524$7,864$7,252$6,113
9 years$8,804$8,043$7,342$6,698$6,107$5,023
10 years$7,843$7,089$6,401$5,774$5,204$4,173
11 years$7,058$6,311$5,635$5,025$4,475$3,498
12 years$6,403$5,665$5,001$4,408$3,878$2,952
13 years$5,850$5,119$4,468$3,891$3,382$2,505
14 years$5,376$4,653$4,015$3,454$2,964$2,136
15 years$4,966$4,251$3,625$3,081$2,610$1,829
16 years$4,608$3,900$3,286$2,758$2,307$1,570
17 years$4,292$3,592$2,991$2,478$2,045$1,352
18 years$4,011$3,319$2,730$2,233$1,819$1,167
19 years$3,760$3,076$2,499$2,018$1,621$1,009
20 years$3,535$2,858$2,294$1,828$1,448$874
21 years$3,331$2,662$2,110$1,659$1,296$759
22 years$3,146$2,485$1,944$1,508$1,161$659
23 years$2,977$2,324$1,795$1,374$1,043$573
24 years$2,823$2,178$1,660$1,253$937$499
25 years$2,681$2,044$1,538$1,144$843$434
26 years$2,551$1,921$1,426$1,046$760$378
27 years$2,430$1,808$1,324$958$685$330
28 years$2,318$1,703$1,231$877$618$288
29 years$2,214$1,607$1,146$805$558$251
30 years$2,117$1,518$1,067$738$504$220
31 years$2,027$1,435$995$678$456$192
32 years$1,942$1,357$928$623$412$168
33 years$1,862$1,286$867$573$373$147
34 years$1,788$1,218$810$527$338$128
35 years$1,718$1,156$757$485$306$112
36 years$1,652$1,097$708$447$277$98
37 years$1,589$1,042$663$412$251$86
38 years$1,530$990$621$380$228$75
39 years$1,475$941$582$350$207$66
40 years$1,422$896$545$323$187$57
41 years$1,372$853$511$298$170$50
42 years$1,324$812$480$275$154$44
43 years$1,279$774$450$254$140$38
44 years$1,236$738$422$234$127$34
45 years$1,195$703$397$216$115$29
46 years$1,155$671$372$200$105$26
47 years$1,118$640$350$185$95$23
48 years$1,082$611$329$171$86$20
49 years$1,048$584$309$158$78$17
50 years$1,015$558$291$146$71$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,040,000, adding $4,969 every year, while hoping to spend $46,042 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: 44/32/24 Blend
51$1,040,000$1,040,000$1,040,000$1,040,000
52$1,151,206$1,096,086$1,079,966$1,193,654
53$1,219,640$1,100,805$1,067,156$1,228,955
54$1,293,512$1,104,213$1,052,374$1,262,358
55$1,373,327$1,106,197$1,035,506$1,297,649
56$1,459,641$1,106,635$1,016,430$1,335,030
57$1,553,066$1,105,402$995,022$1,374,722
58$1,654,273$1,102,361$971,149$1,416,973
59$1,764,001$1,097,369$944,675$1,462,059
60$1,883,063$1,090,273$915,455$1,510,288
61$2,012,352$1,080,913$883,340$1,562,001
62$2,152,850$1,069,117$848,170$1,617,578
63$2,305,640$1,054,702$809,783$1,677,442
64$2,471,910$1,037,477$768,005$1,742,063
65$2,652,968$1,017,237$722,657$1,811,961
66$2,850,256$993,767$673,551$1,887,717
67$3,065,358$966,837$620,490$1,969,973
68$3,300,018$936,205$563,270$2,059,443
69$3,556,156$901,616$501,676$2,156,919
70$3,835,885$862,797$435,484$2,263,279
71$4,141,533$819,461$364,460$2,379,497
72$4,475,660$771,305$288,359$2,506,652
73$4,841,086$718,007$206,928$2,645,942
74$5,240,916$659,229$119,899$2,798,691
75$5,678,568$594,611$26,996$2,966,368
76$6,157,809$523,773$0$3,150,599
77$6,682,783$446,315$0$3,371,662
78$7,258,055$361,814$0$3,621,652
79$7,888,655$269,821$0$3,895,936
80$8,580,120$169,864$0$4,197,040
81$9,338,549$61,444$0$4,527,753
82$10,170,661$0$0$4,891,155
83$11,083,855$0$0$5,310,354
84$12,086,281$0$0$5,794,396
85$13,186,920$0$0$6,325,994
86$14,395,660$0$0$6,909,944
87$15,723,397$0$0$7,551,525
88$17,182,134$0$0$8,256,556
89$18,785,094$0$0$9,031,445
90$20,546,842$0$0$9,883,254
91$22,483,427$0$0$10,819,761
92$24,612,529$0$0$11,849,537
93$26,953,627$0$0$12,982,024
94$29,528,182$0$0$14,227,625
95$32,359,837$0$0$15,597,804
96$35,474,645$0$0$17,105,187
97$38,901,307$0$0$18,763,691
98$42,671,449$0$0$20,588,646
99$46,819,915$0$0$22,596,944
100$51,385,097$0$0$24,807,199