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

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 $1,070,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$88,360$87,573$86,805$86,055$85,323$84,467
2 years$43,742$42,928$42,138$41,373$40,630$39,768
3 years$28,872$28,054$27,266$26,508$25,777$24,936
4 years$21,438$20,622$19,843$19,097$18,385$17,570
5 years$16,979$16,168$15,399$14,669$13,976$13,191
6 years$14,007$13,203$12,445$11,731$11,059$10,304
7 years$11,885$11,088$10,341$9,644$8,994$8,270
8 years$10,295$9,504$8,770$8,090$7,461$6,768
9 years$9,058$8,275$7,554$6,891$6,283$5,621
10 years$8,070$7,294$6,586$5,940$5,354$4,721
11 years$7,261$6,493$5,798$5,170$4,604$4,001
12 years$6,588$5,828$5,146$4,535$3,990$3,416
13 years$6,019$5,267$4,597$4,003$3,479$2,933
14 years$5,531$4,788$4,131$3,554$3,050$2,532
15 years$5,109$4,373$3,729$3,169$2,685$2,194
16 years$4,741$4,013$3,381$2,838$2,373$1,908
17 years$4,415$3,695$3,077$2,550$2,104$1,664
18 years$4,127$3,415$2,809$2,298$1,871$1,455
19 years$3,869$3,165$2,571$2,076$1,668$1,275
20 years$3,637$2,941$2,360$1,880$1,490$1,119
21 years$3,427$2,739$2,171$1,707$1,333$984
22 years$3,237$2,557$2,000$1,552$1,195$867
23 years$3,063$2,392$1,847$1,413$1,073$764
24 years$2,904$2,241$1,708$1,289$964$674
25 years$2,759$2,103$1,582$1,177$868$596
26 years$2,624$1,976$1,467$1,076$781$527
27 years$2,500$1,860$1,363$985$705$466
28 years$2,385$1,753$1,267$903$636$413
29 years$2,278$1,653$1,179$828$574$365
30 years$2,178$1,561$1,098$760$519$324
31 years$2,085$1,476$1,024$698$469$287
32 years$1,998$1,397$955$641$424$255
33 years$1,916$1,323$892$590$384$226
34 years$1,840$1,254$833$543$348$201
35 years$1,767$1,189$779$499$315$178
36 years$1,699$1,129$729$460$285$158
37 years$1,635$1,072$682$424$259$140
38 years$1,575$1,019$639$391$234$125
39 years$1,517$969$598$360$213$111
40 years$1,463$922$561$332$193$99
41 years$1,411$877$526$306$175$88
42 years$1,362$835$493$283$159$78
43 years$1,316$796$463$261$144$69
44 years$1,271$759$435$241$131$62
45 years$1,229$724$408$223$119$55
46 years$1,189$690$383$206$108$49
47 years$1,150$659$360$190$98$43
48 years$1,113$629$338$176$89$38
49 years$1,078$600$318$162$81$34
50 years$1,045$574$299$150$73$30

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 $5,792 every year, while hoping to spend $56,469 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: 71/9/20 Blend
51$1,070,000$1,070,000$1,070,000$1,070,000
52$1,185,114$1,128,404$1,111,819$1,263,104
53$1,245,914$1,123,614$1,088,983$1,311,019
54$1,311,022$1,116,696$1,063,489$1,356,197
55$1,380,818$1,107,486$1,035,188$1,404,251
56$1,455,721$1,095,812$1,003,926$1,455,460
57$1,536,186$1,081,489$969,539$1,510,131
58$1,622,716$1,064,321$931,858$1,568,604
59$1,715,862$1,044,101$890,704$1,631,252
60$1,816,230$1,020,612$845,892$1,698,492
61$1,924,483$993,620$797,227$1,770,780
62$2,041,353$962,879$744,507$1,848,625
63$2,167,641$928,131$687,518$1,932,584
64$2,304,230$889,099$626,040$2,023,277
65$2,452,089$845,492$559,840$2,121,387
66$2,612,284$797,003$488,676$2,227,668
67$2,785,986$743,305$412,296$2,342,955
68$2,974,484$684,055$330,435$2,468,170
69$3,179,195$618,887$242,818$2,604,329
70$3,401,678$547,418$149,158$2,752,557
71$3,643,648$469,240$49,153$2,914,095
72$3,906,991$383,924$0$3,090,314
73$4,193,784$291,016$0$3,295,014
74$4,506,310$190,036$0$3,529,574
75$4,847,083$80,478$0$3,785,412
76$5,218,872$0$0$4,064,641
77$5,624,720$0$0$4,373,375
78$6,067,981$0$0$4,719,324
79$6,552,345$0$0$5,097,406
80$7,081,875$0$0$5,510,798
81$7,661,045$0$0$5,963,001
82$8,294,779$0$0$6,457,867
83$8,988,503$0$0$6,999,637
84$9,748,187$0$0$7,592,985
85$10,580,409$0$0$8,243,056
86$11,492,412$0$0$8,955,514
87$12,492,173$0$0$9,736,601
88$13,588,476$0$0$10,593,188
89$14,790,999$0$0$11,532,847
90$16,110,398$0$0$12,563,914
91$17,558,414$0$0$13,695,573
92$19,147,977$0$0$14,937,941
93$20,893,332$0$0$16,302,161
94$22,810,169$0$0$17,800,509
95$24,915,774$0$0$19,446,508
96$27,229,188$0$0$21,255,054
97$29,771,388$0$0$23,242,560
98$32,565,484$0$0$25,427,105
99$35,636,937$0$0$27,828,608
100$39,013,796$0$0$30,469,015