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%14.9%
1 years$88,360$87,573$86,805$86,055$85,323$83,601
2 years$43,742$42,928$42,138$41,373$40,630$38,902
3 years$28,872$28,054$27,266$26,508$25,777$24,098
4 years$21,438$20,622$19,843$19,097$18,385$16,767
5 years$16,979$16,168$15,399$14,669$13,976$12,424
6 years$14,007$13,203$12,445$11,731$11,059$9,574
7 years$11,885$11,088$10,341$9,644$8,994$7,578
8 years$10,295$9,504$8,770$8,090$7,461$6,113
9 years$9,058$8,275$7,554$6,891$6,283$5,002
10 years$8,070$7,294$6,586$5,940$5,354$4,138
11 years$7,261$6,493$5,798$5,170$4,604$3,452
12 years$6,588$5,828$5,146$4,535$3,990$2,900
13 years$6,019$5,267$4,597$4,003$3,479$2,450
14 years$5,531$4,788$4,131$3,554$3,050$2,080
15 years$5,109$4,373$3,729$3,169$2,685$1,772
16 years$4,741$4,013$3,381$2,838$2,373$1,514
17 years$4,415$3,695$3,077$2,550$2,104$1,297
18 years$4,127$3,415$2,809$2,298$1,871$1,114
19 years$3,869$3,165$2,571$2,076$1,668$958
20 years$3,637$2,941$2,360$1,880$1,490$826
21 years$3,427$2,739$2,171$1,707$1,333$713
22 years$3,237$2,557$2,000$1,552$1,195$616
23 years$3,063$2,392$1,847$1,413$1,073$532
24 years$2,904$2,241$1,708$1,289$964$461
25 years$2,759$2,103$1,582$1,177$868$399
26 years$2,624$1,976$1,467$1,076$781$346
27 years$2,500$1,860$1,363$985$705$300
28 years$2,385$1,753$1,267$903$636$260
29 years$2,278$1,653$1,179$828$574$226
30 years$2,178$1,561$1,098$760$519$196
31 years$2,085$1,476$1,024$698$469$170
32 years$1,998$1,397$955$641$424$148
33 years$1,916$1,323$892$590$384$129
34 years$1,840$1,254$833$543$348$112
35 years$1,767$1,189$779$499$315$97
36 years$1,699$1,129$729$460$285$84
37 years$1,635$1,072$682$424$259$73
38 years$1,575$1,019$639$391$234$64
39 years$1,517$969$598$360$213$56
40 years$1,463$922$561$332$193$48
41 years$1,411$877$526$306$175$42
42 years$1,362$835$493$283$159$37
43 years$1,316$796$463$261$144$32
44 years$1,271$759$435$241$131$28
45 years$1,229$724$408$223$119$24
46 years$1,189$690$383$206$108$21
47 years$1,150$659$360$190$98$18
48 years$1,113$629$338$176$89$16
49 years$1,078$600$318$162$81$14
50 years$1,045$574$299$150$73$12

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 $4,197 every year, while hoping to spend $31,565 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: 83/6/11 Blend
51$1,070,000$1,070,000$1,070,000$1,070,000
52$1,183,469$1,126,759$1,110,174$1,279,205
53$1,270,598$1,148,385$1,113,780$1,364,131
54$1,365,556$1,170,014$1,116,449$1,452,746
55$1,469,109$1,191,610$1,118,116$1,549,110
56$1,582,098$1,213,139$1,118,713$1,653,983
57$1,705,452$1,234,562$1,118,169$1,768,202
58$1,840,189$1,255,837$1,116,409$1,892,689
59$1,987,435$1,276,920$1,113,355$2,028,461
60$2,148,425$1,297,761$1,108,925$2,176,637
61$2,324,522$1,318,308$1,103,031$2,338,449
62$2,517,225$1,338,507$1,095,584$2,515,255
63$2,728,184$1,358,297$1,086,489$2,708,550
64$2,959,220$1,377,614$1,075,647$2,919,984
65$3,212,333$1,396,389$1,062,954$3,151,371
66$3,489,728$1,414,550$1,048,300$3,404,711
67$3,793,834$1,432,017$1,031,572$3,682,207
68$4,127,327$1,448,707$1,012,651$3,986,287
69$4,493,150$1,464,530$991,411$4,319,627
70$4,894,550$1,479,391$967,722$4,685,172
71$5,335,101$1,493,187$941,448$5,086,171
72$5,818,739$1,505,811$912,444$5,526,201
73$6,349,801$1,517,146$880,561$6,009,205
74$6,933,064$1,527,070$845,643$6,539,527
75$7,573,791$1,535,451$807,526$7,121,954
76$8,277,778$1,542,149$766,040$7,761,760
77$9,051,414$1,547,016$721,004$8,464,757
78$9,901,734$1,549,895$672,233$9,237,350
79$10,836,488$1,550,618$619,531$10,086,597
80$11,864,219$1,549,007$562,694$11,020,274
81$12,994,334$1,544,873$501,509$12,046,952
82$14,237,199$1,538,015$435,753$13,176,074
83$15,604,236$1,528,221$365,193$14,418,048
84$17,108,029$1,515,264$289,587$15,784,341
85$18,762,441$1,498,906$208,682$17,287,591
86$20,582,749$1,478,891$122,212$18,941,724
87$22,585,785$1,454,952$29,902$20,762,089
88$24,790,094$1,426,803$0$22,765,596
89$27,216,110$1,394,143$0$24,978,936
90$29,886,348$1,356,651$0$27,418,865
91$32,825,618$1,313,989$0$30,104,537
92$36,061,255$1,265,799$0$33,060,935
93$39,623,381$1,211,701$0$36,315,585
94$43,545,186$1,151,295$0$39,898,820
95$47,863,243$1,084,156$0$43,844,063
96$52,617,849$1,009,835$0$48,188,146
97$57,853,411$927,858$0$52,971,655
98$63,618,859$837,723$0$58,239,314
99$69,968,111$738,900$0$64,040,405
100$76,960,581$630,829$0$70,429,237