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%11.2%
1 years$87,534$86,754$85,993$85,251$84,526$84,099
2 years$43,334$42,527$41,744$40,986$40,250$39,820
3 years$28,602$27,792$27,011$26,260$25,537$25,115
4 years$21,238$20,430$19,657$18,919$18,213$17,804
5 years$16,820$16,017$15,255$14,532$13,845$13,450
6 years$13,876$13,079$12,328$11,621$10,955$10,575
7 years$11,774$10,984$10,245$9,554$8,909$8,543
8 years$10,199$9,415$8,688$8,015$7,391$7,040
9 years$8,974$8,198$7,483$6,827$6,225$5,888
10 years$7,994$7,226$6,524$5,885$5,304$4,981
11 years$7,193$6,433$5,744$5,122$4,561$4,253
12 years$6,526$5,774$5,097$4,492$3,953$3,658
13 years$5,963$5,218$4,554$3,966$3,447$3,166
14 years$5,480$4,743$4,092$3,521$3,021$2,754
15 years$5,062$4,333$3,695$3,140$2,660$2,406
16 years$4,696$3,975$3,350$2,811$2,351$2,109
17 years$4,374$3,661$3,048$2,526$2,085$1,855
18 years$4,088$3,383$2,782$2,276$1,854$1,636
19 years$3,832$3,135$2,547$2,057$1,652$1,446
20 years$3,603$2,913$2,338$1,863$1,476$1,280
21 years$3,395$2,714$2,150$1,691$1,321$1,136
22 years$3,206$2,533$1,982$1,537$1,184$1,009
23 years$3,035$2,369$1,830$1,400$1,063$898
24 years$2,877$2,220$1,692$1,277$955$800
25 years$2,733$2,083$1,567$1,166$859$713
26 years$2,600$1,958$1,454$1,066$774$636
27 years$2,477$1,843$1,350$976$698$568
28 years$2,363$1,736$1,255$894$630$508
29 years$2,256$1,638$1,168$820$569$454
30 years$2,158$1,547$1,088$753$514$407
31 years$2,065$1,462$1,014$691$465$364
32 years$1,979$1,384$946$635$420$326
33 years$1,898$1,310$883$584$380$292
34 years$1,822$1,242$825$537$344$262
35 years$1,751$1,178$772$495$312$235
36 years$1,684$1,118$722$456$283$211
37 years$1,620$1,062$676$420$256$189
38 years$1,560$1,009$633$387$232$170
39 years$1,503$960$593$357$211$152
40 years$1,449$913$556$329$191$137
41 years$1,398$869$521$304$173$123
42 years$1,350$828$489$280$157$110
43 years$1,303$789$459$259$143$99
44 years$1,259$752$430$239$130$89
45 years$1,218$717$404$221$118$80
46 years$1,178$684$380$204$107$72
47 years$1,140$653$357$188$97$65
48 years$1,103$623$335$174$88$58
49 years$1,068$595$315$161$80$52
50 years$1,035$568$296$149$73$47

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 $5,839 every year, while hoping to spend $48,341 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: 51/38/11 Blend
51$1,060,000$1,060,000$1,060,000$1,060,000
52$1,174,143$1,117,963$1,101,533$1,230,314
53$1,242,471$1,121,309$1,087,000$1,272,668
54$1,316,148$1,123,198$1,070,360$1,313,058
55$1,395,670$1,123,509$1,051,491$1,355,854
56$1,481,578$1,122,111$1,030,266$1,401,294
57$1,574,471$1,118,867$1,006,552$1,449,645
58$1,675,005$1,113,629$980,210$1,501,201
59$1,783,902$1,106,243$951,093$1,556,289
60$1,901,954$1,096,543$919,049$1,615,272
61$2,030,035$1,084,355$883,918$1,678,554
62$2,169,104$1,069,494$845,534$1,746,580
63$2,320,215$1,051,762$803,723$1,819,845
64$2,484,531$1,030,952$758,301$1,898,899
65$2,663,328$1,006,844$709,079$1,984,350
66$2,858,012$979,203$655,858$2,076,872
67$3,070,129$947,784$598,429$2,177,213
68$3,301,380$912,324$536,574$2,286,200
69$3,553,640$872,546$470,068$2,404,750
70$3,828,968$828,158$398,672$2,533,877
71$4,129,635$778,850$322,140$2,674,706
72$4,458,139$724,294$240,213$2,828,481
73$4,817,229$664,145$152,620$2,996,580
74$5,209,934$598,036$59,080$3,180,525
75$5,639,587$525,579$0$3,382,004
76$6,109,860$446,367$0$3,607,663
77$6,624,793$359,967$0$3,862,495
78$7,188,840$265,923$0$4,141,878
79$7,806,901$163,753$0$4,448,376
80$8,484,376$52,948$0$4,784,818
81$9,227,210$0$0$5,154,333
82$10,041,952$0$0$5,588,402
83$10,935,815$0$0$6,089,027
84$11,916,744$0$0$6,638,529
85$12,993,490$0$0$7,241,826
86$14,175,693$0$0$7,904,334
87$15,473,973$0$0$8,632,018
88$16,900,026$0$0$9,431,452
89$18,466,739$0$0$10,309,875
90$20,188,309$0$0$11,275,264
91$22,080,375$0$0$12,336,408
92$24,160,166$0$0$13,502,986
93$26,446,666$0$0$14,785,666
94$28,960,786$0$0$16,196,198
95$31,725,569$0$0$17,747,531
96$34,766,399$0$0$19,453,927
97$38,111,245$0$0$21,331,105
98$41,790,924$0$0$23,396,381
99$45,839,389$0$0$25,668,834
100$50,294,049$0$0$28,169,487