Can I retire at age 52 with 1,060,000?

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 $1,060,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$87,534$86,754$85,993$85,251$84,526$82,785
2 years$43,334$42,527$41,744$40,986$40,250$38,505
3 years$28,602$27,792$27,011$26,260$25,537$23,840
4 years$21,238$20,430$19,657$18,919$18,213$16,579
5 years$16,820$16,017$15,255$14,532$13,845$12,278
6 years$13,876$13,079$12,328$11,621$10,955$9,457
7 years$11,774$10,984$10,245$9,554$8,909$7,481
8 years$10,199$9,415$8,688$8,015$7,391$6,031
9 years$8,974$8,198$7,483$6,827$6,225$4,932
10 years$7,994$7,226$6,524$5,885$5,304$4,077
11 years$7,193$6,433$5,744$5,122$4,561$3,400
12 years$6,526$5,774$5,097$4,492$3,953$2,855
13 years$5,963$5,218$4,554$3,966$3,447$2,410
14 years$5,480$4,743$4,092$3,521$3,021$2,044
15 years$5,062$4,333$3,695$3,140$2,660$1,740
16 years$4,696$3,975$3,350$2,811$2,351$1,486
17 years$4,374$3,661$3,048$2,526$2,085$1,272
18 years$4,088$3,383$2,782$2,276$1,854$1,092
19 years$3,832$3,135$2,547$2,057$1,652$938
20 years$3,603$2,913$2,338$1,863$1,476$808
21 years$3,395$2,714$2,150$1,691$1,321$697
22 years$3,206$2,533$1,982$1,537$1,184$601
23 years$3,035$2,369$1,830$1,400$1,063$520
24 years$2,877$2,220$1,692$1,277$955$450
25 years$2,733$2,083$1,567$1,166$859$389
26 years$2,600$1,958$1,454$1,066$774$337
27 years$2,477$1,843$1,350$976$698$292
28 years$2,363$1,736$1,255$894$630$253
29 years$2,256$1,638$1,168$820$569$219
30 years$2,158$1,547$1,088$753$514$190
31 years$2,065$1,462$1,014$691$465$165
32 years$1,979$1,384$946$635$420$143
33 years$1,898$1,310$883$584$380$125
34 years$1,822$1,242$825$537$344$108
35 years$1,751$1,178$772$495$312$94
36 years$1,684$1,118$722$456$283$82
37 years$1,620$1,062$676$420$256$71
38 years$1,560$1,009$633$387$232$62
39 years$1,503$960$593$357$211$54
40 years$1,449$913$556$329$191$47
41 years$1,398$869$521$304$173$40
42 years$1,350$828$489$280$157$35
43 years$1,303$789$459$259$143$31
44 years$1,259$752$430$239$130$27
45 years$1,218$717$404$221$118$23
46 years$1,178$684$380$204$107$20
47 years$1,140$653$357$188$97$17
48 years$1,103$623$335$174$88$15
49 years$1,068$595$315$161$80$13
50 years$1,035$568$296$149$73$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,060,000, adding $4,973 every year, while hoping to spend $20,166 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: 86/6/8 Blend
51$1,060,000$1,060,000$1,060,000$1,060,000
52$1,173,250$1,117,070$1,100,640$1,272,743
53$1,271,465$1,150,350$1,116,055$1,371,674
54$1,379,022$1,184,584$1,131,310$1,477,087
55$1,496,852$1,219,799$1,146,379$1,592,285
56$1,625,983$1,256,021$1,161,235$1,718,239
57$1,767,542$1,293,276$1,175,845$1,856,020
58$1,922,776$1,331,591$1,190,181$2,006,807
59$2,093,055$1,370,994$1,204,207$2,171,896
60$2,279,887$1,411,513$1,217,889$2,352,719
61$2,484,937$1,453,179$1,231,190$2,550,849
62$2,710,036$1,496,020$1,244,069$2,768,022
63$2,957,201$1,540,066$1,256,487$3,006,148
64$3,228,655$1,585,350$1,268,400$3,267,332
65$3,526,848$1,631,901$1,279,760$3,553,892
66$3,854,475$1,679,753$1,290,521$3,868,384
67$4,214,508$1,728,938$1,300,631$4,213,621
68$4,610,222$1,779,490$1,310,036$4,592,703
69$5,045,222$1,831,442$1,318,679$5,009,047
70$5,523,482$1,884,830$1,326,502$5,466,414
71$6,049,380$1,939,689$1,333,443$5,968,951
72$6,627,738$1,996,055$1,339,434$6,521,226
73$7,263,870$2,053,965$1,344,408$7,128,271
74$7,963,630$2,113,455$1,348,292$7,795,631
75$8,733,470$2,174,564$1,351,009$8,529,415
76$9,580,497$2,237,330$1,352,480$9,336,356
77$10,512,540$2,301,792$1,352,621$10,223,870
78$11,538,230$2,367,990$1,351,345$11,200,130
79$12,667,072$2,435,965$1,348,558$12,274,142
80$13,909,543$2,505,756$1,344,163$13,455,826
81$15,277,183$2,577,406$1,338,060$14,756,118
82$16,782,713$2,650,955$1,330,142$16,187,063
83$18,440,145$2,726,448$1,320,297$17,761,937
84$20,264,922$2,803,925$1,308,409$19,495,368
85$22,274,058$2,883,432$1,294,355$21,403,473
86$24,486,302$2,965,010$1,278,006$23,504,015
87$26,922,315$3,048,706$1,259,229$25,816,564
88$29,604,860$3,134,562$1,237,883$28,362,686
89$32,559,025$3,222,624$1,213,820$31,166,146
90$35,812,449$3,312,936$1,186,888$34,253,132
91$39,395,594$3,405,545$1,156,923$37,652,500
92$43,342,023$3,500,495$1,123,759$41,396,049
93$47,688,723$3,597,833$1,087,218$45,518,820
94$52,476,449$3,697,603$1,047,116$50,059,425
95$57,750,112$3,799,851$1,003,260$55,060,416
96$63,559,203$3,904,623$955,448$60,568,681
97$69,958,256$4,011,964$903,470$66,635,889
98$77,007,367$4,121,919$847,105$73,318,980
99$84,772,758$4,234,533$786,123$80,680,697
100$93,327,405$4,349,850$720,284$88,790,184