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%13%
1 years$86,708$85,936$85,182$84,447$83,728$82,682
2 years$42,925$42,125$41,351$40,599$39,871$38,818
3 years$28,332$27,529$26,757$26,012$25,296$24,269
4 years$21,037$20,237$19,472$18,740$18,041$17,049
5 years$16,662$15,866$15,111$14,394$13,715$12,759
6 years$13,745$12,956$12,212$11,511$10,852$9,935
7 years$11,663$10,880$10,148$9,464$8,825$7,947
8 years$10,102$9,326$8,606$7,939$7,322$6,481
9 years$8,889$8,120$7,413$6,762$6,166$5,364
10 years$7,919$7,158$6,463$5,829$5,254$4,489
11 years$7,125$6,372$5,690$5,073$4,518$3,790
12 years$6,465$5,719$5,049$4,450$3,915$3,223
13 years$5,906$5,168$4,511$3,929$3,414$2,757
14 years$5,428$4,698$4,053$3,487$2,993$2,370
15 years$5,014$4,292$3,660$3,110$2,635$2,046
16 years$4,652$3,938$3,318$2,785$2,329$1,772
17 years$4,333$3,626$3,019$2,502$2,065$1,539
18 years$4,049$3,351$2,756$2,255$1,836$1,340
19 years$3,796$3,106$2,523$2,037$1,637$1,169
20 years$3,569$2,886$2,316$1,845$1,462$1,021
21 years$3,363$2,688$2,130$1,675$1,308$894
22 years$3,176$2,509$1,963$1,523$1,173$784
23 years$3,006$2,347$1,813$1,387$1,053$688
24 years$2,850$2,199$1,676$1,265$946$604
25 years$2,707$2,063$1,553$1,155$851$531
26 years$2,575$1,939$1,440$1,056$767$468
27 years$2,453$1,825$1,337$967$691$412
28 years$2,340$1,720$1,243$886$624$363
29 years$2,235$1,622$1,157$812$563$320
30 years$2,137$1,532$1,077$745$509$282
31 years$2,046$1,448$1,004$685$460$249
32 years$1,961$1,371$937$629$416$220
33 years$1,880$1,298$875$579$377$194
34 years$1,805$1,230$818$532$341$171
35 years$1,734$1,167$764$490$309$151
36 years$1,668$1,107$715$451$280$134
37 years$1,605$1,052$669$416$254$118
38 years$1,545$1,000$627$383$230$104
39 years$1,489$951$587$353$209$92
40 years$1,436$904$550$326$189$82
41 years$1,385$861$516$301$172$72
42 years$1,337$820$484$278$156$64
43 years$1,291$781$454$256$141$56
44 years$1,248$745$426$237$128$50
45 years$1,206$710$400$218$116$44
46 years$1,167$677$376$202$106$39
47 years$1,129$646$353$186$96$35
48 years$1,093$617$332$172$87$31
49 years$1,058$589$312$159$79$27
50 years$1,025$563$293$147$72$24

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 $4,592 every year, while hoping to spend $30,695 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: 36/42/22 Blend
51$1,050,000$1,050,000$1,050,000$1,050,000
52$1,161,837$1,106,187$1,089,912$1,195,794
53$1,247,685$1,127,731$1,093,764$1,242,638
54$1,341,261$1,149,301$1,096,718$1,290,003
55$1,443,320$1,170,868$1,098,708$1,340,515
56$1,554,695$1,192,397$1,099,671$1,394,475
57$1,676,301$1,213,851$1,099,537$1,452,214
58$1,809,146$1,235,192$1,098,234$1,514,097
59$1,954,340$1,256,378$1,095,687$1,580,531
60$2,113,105$1,277,363$1,091,814$1,651,961
61$2,286,785$1,298,097$1,086,534$1,728,881
62$2,476,863$1,318,529$1,079,758$1,811,835
63$2,684,968$1,338,602$1,071,395$1,901,425
64$2,912,897$1,358,256$1,061,349$1,998,315
65$3,162,628$1,377,426$1,049,520$2,103,238
66$3,436,339$1,396,043$1,035,801$2,217,004
67$3,736,429$1,414,032$1,020,084$2,340,507
68$4,065,540$1,431,315$1,002,252$2,474,735
69$4,426,581$1,447,806$982,184$2,620,776
70$4,822,760$1,463,416$959,755$2,779,835
71$5,257,606$1,478,048$934,831$2,953,239
72$5,735,008$1,491,598$907,274$3,142,455
73$6,259,250$1,503,958$876,939$3,349,101
74$6,835,053$1,515,011$843,675$3,574,963
75$7,467,614$1,524,632$807,324$3,822,014
76$8,162,660$1,532,690$767,720$4,092,430
77$8,926,503$1,539,042$724,689$4,388,612
78$9,766,091$1,543,540$678,051$4,713,211
79$10,689,084$1,546,025$627,617$5,069,153
80$11,703,917$1,546,328$573,190$5,459,665
81$12,819,887$1,544,268$514,562$5,888,309
82$14,047,235$1,539,656$451,519$6,359,014
83$15,397,243$1,532,289$383,835$6,876,118
84$16,882,343$1,521,953$311,274$7,444,403
85$18,516,232$1,508,419$233,593$8,069,149
86$20,314,003$1,491,447$150,534$8,756,178
87$22,292,284$1,470,780$61,829$9,511,912
88$24,469,397$1,446,148$0$10,343,439
89$26,865,528$1,417,263$0$11,266,281
90$29,502,924$1,383,820$0$12,297,343
91$32,406,092$1,345,497$0$13,431,677
92$35,602,041$1,301,954$0$14,679,845
93$39,120,528$1,252,828$0$16,053,495
94$42,994,343$1,197,739$0$17,565,465
95$47,259,619$1,136,281$0$19,229,911
96$51,956,168$1,068,027$0$21,062,439
97$57,127,862$992,524$0$23,080,253
98$62,823,041$909,295$0$25,302,320
99$69,094,975$817,834$0$27,749,550
100$76,002,362$717,608$0$30,444,994