Can I retire at age 52 with 1,050,000?

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 $1,050,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$86,708$85,936$85,182$84,447$83,728$80,566
2 years$42,925$42,125$41,351$40,599$39,871$36,721
3 years$28,332$27,529$26,757$26,012$25,296$22,258
4 years$21,037$20,237$19,472$18,740$18,041$15,139
5 years$16,662$15,866$15,111$14,394$13,715$10,955
6 years$13,745$12,956$12,212$11,511$10,852$8,237
7 years$11,663$10,880$10,148$9,464$8,825$6,354
8 years$10,102$9,326$8,606$7,939$7,322$4,992
9 years$8,889$8,120$7,413$6,762$6,166$3,975
10 years$7,919$7,158$6,463$5,829$5,254$3,197
11 years$7,125$6,372$5,690$5,073$4,518$2,591
12 years$6,465$5,719$5,049$4,450$3,915$2,113
13 years$5,906$5,168$4,511$3,929$3,414$1,732
14 years$5,428$4,698$4,053$3,487$2,993$1,425
15 years$5,014$4,292$3,660$3,110$2,635$1,176
16 years$4,652$3,938$3,318$2,785$2,329$973
17 years$4,333$3,626$3,019$2,502$2,065$807
18 years$4,049$3,351$2,756$2,255$1,836$670
19 years$3,796$3,106$2,523$2,037$1,637$557
20 years$3,569$2,886$2,316$1,845$1,462$464
21 years$3,363$2,688$2,130$1,675$1,308$387
22 years$3,176$2,509$1,963$1,523$1,173$323
23 years$3,006$2,347$1,813$1,387$1,053$269
24 years$2,850$2,199$1,676$1,265$946$225
25 years$2,707$2,063$1,553$1,155$851$188
26 years$2,575$1,939$1,440$1,056$767$157
27 years$2,453$1,825$1,337$967$691$131
28 years$2,340$1,720$1,243$886$624$110
29 years$2,235$1,622$1,157$812$563$92
30 years$2,137$1,532$1,077$745$509$77
31 years$2,046$1,448$1,004$685$460$64
32 years$1,961$1,371$937$629$416$54
33 years$1,880$1,298$875$579$377$45
34 years$1,805$1,230$818$532$341$38
35 years$1,734$1,167$764$490$309$32
36 years$1,668$1,107$715$451$280$26
37 years$1,605$1,052$669$416$254$22
38 years$1,545$1,000$627$383$230$19
39 years$1,489$951$587$353$209$16
40 years$1,436$904$550$326$189$13
41 years$1,385$861$516$301$172$11
42 years$1,337$820$484$278$156$9
43 years$1,291$781$454$256$141$8
44 years$1,248$745$426$237$128$6
45 years$1,206$710$400$218$116$5
46 years$1,167$677$376$202$106$4
47 years$1,129$646$353$186$96$4
48 years$1,093$617$332$172$87$3
49 years$1,058$589$312$159$79$3
50 years$1,025$563$293$147$72$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,050,000, adding $6,717 every year, while hoping to spend $33,766 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: 47/39/14 Blend
51$1,050,000$1,050,000$1,050,000$1,050,000
52$1,164,029$1,108,379$1,092,104$1,213,865
53$1,246,833$1,126,762$1,092,762$1,267,443
54$1,336,951$1,144,915$1,092,311$1,321,562
55$1,435,094$1,162,790$1,090,678$1,379,554
56$1,542,044$1,180,337$1,087,786$1,441,795
57$1,658,661$1,197,502$1,083,555$1,508,694
58$1,785,891$1,214,226$1,077,901$1,580,708
59$1,924,777$1,230,449$1,070,736$1,658,337
60$2,076,467$1,246,103$1,061,968$1,742,137
61$2,242,222$1,261,118$1,051,500$1,832,717
62$2,423,435$1,275,418$1,039,231$1,930,754
63$2,621,635$1,288,924$1,025,054$2,036,991
64$2,838,508$1,301,547$1,008,860$2,152,250
65$3,075,911$1,313,198$990,532$2,277,439
66$3,335,886$1,323,777$969,947$2,413,558
67$3,620,686$1,333,181$946,980$2,561,713
68$3,932,788$1,341,299$921,495$2,723,122
69$4,274,922$1,348,013$893,355$2,899,132
70$4,650,095$1,353,197$862,414$3,091,226
71$5,061,619$1,356,717$828,519$3,301,044
72$5,513,140$1,358,432$791,510$3,530,394
73$6,008,676$1,358,192$751,222$3,781,270
74$6,552,653$1,355,835$707,479$4,055,875
75$7,149,944$1,351,191$660,101$4,356,637
76$7,805,921$1,344,082$608,896$4,686,237
77$8,526,497$1,334,314$553,667$5,047,631
78$9,318,190$1,321,686$494,205$5,444,081
79$10,188,178$1,305,982$430,294$5,879,187
80$11,144,371$1,286,973$361,707$6,356,919
81$12,195,480$1,264,418$288,207$6,881,656
82$13,351,106$1,238,062$209,549$7,458,230
83$14,621,823$1,207,631$125,474$8,091,971
84$16,019,285$1,172,841$35,713$8,788,758
85$17,556,327$1,133,385$0$9,555,073
86$19,247,095$1,088,944$0$10,407,045
87$21,107,172$1,039,175$0$11,349,862
88$23,153,728$983,719$0$12,386,931
89$25,405,682$922,195$0$13,527,894
90$27,883,879$854,200$0$14,783,382
91$30,611,287$779,308$0$16,165,116
92$33,613,213$697,069$0$17,686,020
93$36,917,542$607,006$0$19,360,342
94$40,554,999$508,618$0$21,203,790
95$44,559,441$401,373$0$23,233,681
96$48,968,173$284,709$0$25,469,107
97$53,822,301$158,034$0$27,931,117
98$59,167,121$20,722$0$30,642,914
99$65,052,542$0$0$33,630,079
100$71,533,564$0$0$36,975,694