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

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 $1,040,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$85,882$85,117$84,371$83,642$82,931$82,547
2 years$42,516$41,724$40,957$40,213$39,491$39,103
3 years$28,062$27,267$26,502$25,765$25,055$24,675
4 years$20,837$20,044$19,286$18,562$17,869$17,501
5 years$16,503$15,715$14,967$14,257$13,584$13,228
6 years$13,615$12,832$12,096$11,402$10,748$10,406
7 years$11,552$10,777$10,052$9,374$8,741$8,412
8 years$10,006$9,238$8,524$7,864$7,252$6,935
9 years$8,804$8,043$7,342$6,698$6,107$5,803
10 years$7,843$7,089$6,401$5,774$5,204$4,913
11 years$7,058$6,311$5,635$5,025$4,475$4,197
12 years$6,403$5,665$5,001$4,408$3,878$3,612
13 years$5,850$5,119$4,468$3,891$3,382$3,128
14 years$5,376$4,653$4,015$3,454$2,964$2,723
15 years$4,966$4,251$3,625$3,081$2,610$2,380
16 years$4,608$3,900$3,286$2,758$2,307$2,088
17 years$4,292$3,592$2,991$2,478$2,045$1,838
18 years$4,011$3,319$2,730$2,233$1,819$1,622
19 years$3,760$3,076$2,499$2,018$1,621$1,434
20 years$3,535$2,858$2,294$1,828$1,448$1,271
21 years$3,331$2,662$2,110$1,659$1,296$1,128
22 years$3,146$2,485$1,944$1,508$1,161$1,003
23 years$2,977$2,324$1,795$1,374$1,043$893
24 years$2,823$2,178$1,660$1,253$937$796
25 years$2,681$2,044$1,538$1,144$843$711
26 years$2,551$1,921$1,426$1,046$760$635
27 years$2,430$1,808$1,324$958$685$567
28 years$2,318$1,703$1,231$877$618$508
29 years$2,214$1,607$1,146$805$558$454
30 years$2,117$1,518$1,067$738$504$407
31 years$2,027$1,435$995$678$456$365
32 years$1,942$1,357$928$623$412$327
33 years$1,862$1,286$867$573$373$293
34 years$1,788$1,218$810$527$338$263
35 years$1,718$1,156$757$485$306$236
36 years$1,652$1,097$708$447$277$212
37 years$1,589$1,042$663$412$251$190
38 years$1,530$990$621$380$228$171
39 years$1,475$941$582$350$207$154
40 years$1,422$896$545$323$187$138
41 years$1,372$853$511$298$170$124
42 years$1,324$812$480$275$154$112
43 years$1,279$774$450$254$140$100
44 years$1,236$738$422$234$127$90
45 years$1,195$703$397$216$115$81
46 years$1,155$671$372$200$105$73
47 years$1,118$640$350$185$95$66
48 years$1,082$611$329$171$86$59
49 years$1,048$584$309$158$78$53
50 years$1,015$558$291$146$71$48

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 $2,516 every year, while hoping to spend $26,424 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: 58/18/24 Blend
51$1,040,000$1,040,000$1,040,000$1,040,000
52$1,148,675$1,093,555$1,077,435$1,207,722
53$1,237,725$1,119,025$1,085,414$1,273,762
54$1,334,973$1,144,856$1,092,775$1,342,689
55$1,441,226$1,171,040$1,099,469$1,417,276
56$1,557,374$1,197,565$1,105,445$1,498,076
57$1,684,398$1,224,417$1,110,649$1,585,699
58$1,823,376$1,251,582$1,115,025$1,680,819
59$1,975,495$1,279,045$1,118,513$1,784,177
60$2,142,064$1,306,786$1,121,051$1,896,590
61$2,324,522$1,334,787$1,122,574$2,018,959
62$2,524,456$1,363,024$1,123,013$2,152,275
63$2,743,613$1,391,474$1,122,296$2,297,635
64$2,983,916$1,420,111$1,120,348$2,456,242
65$3,247,484$1,448,905$1,117,088$2,629,427
66$3,536,651$1,477,825$1,112,434$2,818,655
67$3,853,987$1,506,837$1,106,299$3,025,541
68$4,202,325$1,535,903$1,098,591$3,251,865
69$4,584,784$1,564,983$1,089,215$3,499,590
70$5,004,798$1,594,034$1,078,070$3,770,878
71$5,466,153$1,623,007$1,065,051$4,068,113
72$5,973,019$1,651,853$1,050,049$4,393,924
73$6,529,988$1,680,515$1,032,947$4,751,209
74$7,142,122$1,708,935$1,013,626$5,143,159
75$7,814,995$1,737,049$991,958$5,573,296
76$8,554,749$1,764,789$967,813$6,045,499
77$9,368,150$1,792,080$941,052$6,564,045
78$10,262,653$1,818,845$911,529$7,133,648
79$11,246,474$1,844,998$879,095$7,759,506
80$12,328,660$1,870,448$843,591$8,447,346
81$13,519,183$1,895,100$804,851$9,203,482
82$14,829,029$1,918,850$762,703$10,034,874
83$16,270,302$1,941,586$716,966$10,949,192
84$17,856,340$1,963,190$667,451$11,954,892
85$19,601,837$1,983,537$613,961$13,061,295
86$21,522,986$2,002,492$556,290$14,278,672
87$23,637,627$2,019,910$494,223$15,618,348
88$25,965,420$2,035,641$427,534$17,092,801
89$28,528,025$2,049,519$355,989$18,715,790
90$31,349,311$2,061,373$279,342$20,502,476
91$34,455,579$2,071,018$197,337$22,469,570
92$37,875,807$2,078,258$109,708$24,635,494
93$41,641,931$2,082,883$16,174$27,020,548
94$45,789,137$2,084,674$0$29,647,110
95$50,356,199$2,083,393$0$32,561,262
96$55,385,844$2,078,792$0$35,774,581
97$60,925,151$2,070,604$0$39,312,961
98$67,026,002$2,058,549$0$43,209,508
99$73,745,564$2,042,327$0$47,500,705
100$81,146,832$2,021,623$0$52,226,756