Can I retire at age 52 with 1,070,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,070,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$88,360$87,573$86,805$86,055$85,323$82,493
2 years$43,742$42,928$42,138$41,373$40,630$37,806
3 years$28,872$28,054$27,266$26,508$25,777$23,048
4 years$21,438$20,622$19,843$19,097$18,385$15,771
5 years$16,979$16,168$15,399$14,669$13,976$11,485
6 years$14,007$13,203$12,445$11,731$11,059$8,693
7 years$11,885$11,088$10,341$9,644$8,994$6,752
8 years$10,295$9,504$8,770$8,090$7,461$5,343
9 years$9,058$8,275$7,554$6,891$6,283$4,285
10 years$8,070$7,294$6,586$5,940$5,354$3,473
11 years$7,261$6,493$5,798$5,170$4,604$2,837
12 years$6,588$5,828$5,146$4,535$3,990$2,332
13 years$6,019$5,267$4,597$4,003$3,479$1,927
14 years$5,531$4,788$4,131$3,554$3,050$1,599
15 years$5,109$4,373$3,729$3,169$2,685$1,331
16 years$4,741$4,013$3,381$2,838$2,373$1,111
17 years$4,415$3,695$3,077$2,550$2,104$929
18 years$4,127$3,415$2,809$2,298$1,871$779
19 years$3,869$3,165$2,571$2,076$1,668$654
20 years$3,637$2,941$2,360$1,880$1,490$549
21 years$3,427$2,739$2,171$1,707$1,333$462
22 years$3,237$2,557$2,000$1,552$1,195$389
23 years$3,063$2,392$1,847$1,413$1,073$328
24 years$2,904$2,241$1,708$1,289$964$276
25 years$2,759$2,103$1,582$1,177$868$233
26 years$2,624$1,976$1,467$1,076$781$197
27 years$2,500$1,860$1,363$985$705$166
28 years$2,385$1,753$1,267$903$636$140
29 years$2,278$1,653$1,179$828$574$119
30 years$2,178$1,561$1,098$760$519$100
31 years$2,085$1,476$1,024$698$469$85
32 years$1,998$1,397$955$641$424$72
33 years$1,916$1,323$892$590$384$61
34 years$1,840$1,254$833$543$348$51
35 years$1,767$1,189$779$499$315$43
36 years$1,699$1,129$729$460$285$37
37 years$1,635$1,072$682$424$259$31
38 years$1,575$1,019$639$391$234$26
39 years$1,517$969$598$360$213$22
40 years$1,463$922$561$332$193$19
41 years$1,411$877$526$306$175$16
42 years$1,362$835$493$283$159$13
43 years$1,316$796$463$261$144$11
44 years$1,271$759$435$241$131$10
45 years$1,229$724$408$223$119$8
46 years$1,189$690$383$206$108$7
47 years$1,150$659$360$190$98$6
48 years$1,113$629$338$176$89$5
49 years$1,078$600$318$162$81$4
50 years$1,045$574$299$150$73$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,070,000, adding $4,322 every year, while hoping to spend $53,429 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: 54/17/29 Blend
51$1,070,000$1,070,000$1,070,000$1,070,000
52$1,183,598$1,126,888$1,110,303$1,237,742
53$1,247,477$1,125,258$1,090,650$1,274,057
54$1,316,081$1,121,756$1,068,548$1,307,764
55$1,389,835$1,116,237$1,043,859$1,343,405
56$1,469,207$1,108,541$1,016,437$1,381,186
57$1,554,710$1,098,503$986,131$1,421,337
58$1,646,907$1,085,946$952,783$1,464,116
59$1,746,416$1,070,683$916,226$1,509,806
60$1,853,919$1,052,514$876,288$1,558,727
61$1,970,162$1,031,231$832,787$1,611,230
62$2,095,967$1,006,609$785,534$1,667,708
63$2,232,237$978,414$734,330$1,728,598
64$2,379,964$946,396$678,969$1,794,384
65$2,540,241$910,290$619,235$1,865,604
66$2,714,268$869,816$554,902$1,942,855
67$2,903,366$824,680$485,733$2,026,799
68$3,108,987$774,567$411,484$2,118,172
69$3,332,730$719,147$331,895$2,217,788
70$3,576,354$658,071$246,699$2,326,553
71$3,841,794$590,968$155,614$2,445,467
72$4,131,178$517,447$58,349$2,575,640
73$4,446,853$437,096$0$2,718,302
74$4,791,396$349,478$0$2,888,880
75$5,167,647$254,132$0$3,094,998
76$5,578,734$150,571$0$3,320,357
77$6,028,097$38,281$0$3,566,911
78$6,519,526$0$0$3,836,818
79$7,057,192$0$0$4,148,037
80$7,645,689$0$0$4,496,616
81$8,290,076$0$0$4,878,403
82$8,995,923$0$0$5,296,710
83$9,769,365$0$0$5,755,187
84$10,617,157$0$0$6,257,853
85$11,546,740$0$0$6,809,133
86$12,566,310$0$0$7,413,902
87$13,684,893$0$0$8,077,531
88$14,912,431$0$0$8,805,933
89$16,259,875$0$0$9,605,623
90$17,739,290$0$0$10,483,779
91$19,363,964$0$0$11,448,305
92$21,148,535$0$0$12,507,912
93$23,109,131$0$0$13,672,192
94$25,263,515$0$0$14,951,716
95$27,631,260$0$0$16,358,128
96$30,233,928$0$0$17,904,256
97$33,095,272$0$0$19,604,233
98$36,241,465$0$0$21,473,631
99$39,701,339$0$0$23,529,605
100$43,506,662$0$0$25,791,057