Can I retire at age 52 with 1,080,000?

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 $1,080,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$89,185$88,391$87,616$86,859$86,121$82,802
2 years$44,151$43,329$42,532$41,759$41,010$37,706
3 years$29,142$28,316$27,521$26,756$26,018$22,833
4 years$21,638$20,815$20,028$19,276$18,557$15,514
5 years$17,138$16,319$15,543$14,806$14,106$11,215
6 years$14,138$13,326$12,561$11,840$11,162$8,423
7 years$11,997$11,191$10,438$9,735$9,078$6,491
8 years$10,391$9,593$8,852$8,166$7,531$5,093
9 years$9,143$8,352$7,625$6,956$6,342$4,050
10 years$8,145$7,362$6,647$5,996$5,404$3,253
11 years$7,329$6,554$5,852$5,218$4,647$2,634
12 years$6,650$5,883$5,194$4,577$4,027$2,145
13 years$6,075$5,316$4,640$4,041$3,512$1,755
14 years$5,583$4,832$4,169$3,587$3,078$1,442
15 years$5,157$4,414$3,764$3,199$2,711$1,189
16 years$4,785$4,050$3,413$2,864$2,396$982
17 years$4,457$3,730$3,106$2,574$2,124$813
18 years$4,165$3,447$2,835$2,319$1,889$674
19 years$3,905$3,194$2,595$2,096$1,683$560
20 years$3,671$2,968$2,382$1,898$1,504$466
21 years$3,459$2,765$2,191$1,723$1,346$387
22 years$3,267$2,581$2,019$1,566$1,206$323
23 years$3,092$2,414$1,864$1,426$1,083$269
24 years$2,932$2,262$1,724$1,301$973$224
25 years$2,784$2,122$1,597$1,188$876$187
26 years$2,649$1,995$1,481$1,086$789$156
27 years$2,523$1,877$1,375$994$711$130
28 years$2,407$1,769$1,279$911$642$109
29 years$2,299$1,669$1,190$835$579$91
30 years$2,198$1,576$1,108$767$524$76
31 years$2,104$1,490$1,033$704$473$63
32 years$2,017$1,410$964$647$428$53
33 years$1,934$1,335$900$595$387$44
34 years$1,857$1,265$841$548$351$37
35 years$1,784$1,200$786$504$318$31
36 years$1,715$1,139$736$464$288$26
37 years$1,651$1,082$688$428$261$22
38 years$1,589$1,028$645$394$237$18
39 years$1,531$978$604$364$215$15
40 years$1,477$930$566$335$195$13
41 years$1,424$885$531$309$177$11
42 years$1,375$843$498$285$160$9
43 years$1,328$803$467$264$145$7
44 years$1,283$766$439$243$132$6
45 years$1,241$730$412$225$120$5
46 years$1,200$697$387$208$109$4
47 years$1,161$665$363$192$99$4
48 years$1,124$635$341$177$90$3
49 years$1,088$606$321$164$81$3
50 years$1,054$579$302$151$74$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,080,000, adding $4,271 every year, while hoping to spend $33,598 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: 56/15/29 Blend
51$1,080,000$1,080,000$1,080,000$1,080,000
52$1,194,566$1,137,326$1,120,586$1,251,678
53$1,280,663$1,157,306$1,122,377$1,311,470
54$1,374,417$1,177,140$1,123,103$1,372,749
55$1,476,572$1,196,785$1,122,691$1,438,845
56$1,587,948$1,216,193$1,121,067$1,510,234
57$1,709,449$1,235,317$1,118,154$1,587,442
58$1,842,069$1,254,103$1,113,867$1,671,050
59$1,986,901$1,272,495$1,108,123$1,761,699
60$2,145,149$1,290,432$1,100,829$1,860,094
61$2,318,139$1,307,848$1,091,892$1,967,015
62$2,507,331$1,324,675$1,081,212$2,083,323
63$2,714,333$1,340,837$1,068,686$2,209,967
64$2,940,912$1,356,256$1,054,205$2,347,994
65$3,189,019$1,370,847$1,037,655$2,498,559
66$3,460,800$1,384,518$1,018,917$2,662,936
67$3,758,616$1,397,175$997,866$2,842,532
68$4,085,072$1,408,713$974,371$3,038,897
69$4,443,033$1,419,024$948,296$3,253,742
70$4,835,656$1,427,990$919,498$3,488,954
71$5,266,419$1,435,487$887,827$3,746,616
72$5,739,152$1,441,384$853,127$4,029,023
73$6,258,074$1,445,541$815,236$4,338,708
74$6,827,832$1,447,807$773,980$4,678,464
75$7,453,545$1,448,024$729,183$5,051,372
76$8,140,854$1,446,024$680,658$5,460,831
77$8,895,970$1,441,628$628,209$5,910,587
78$9,725,737$1,434,646$571,632$6,404,773
79$10,637,695$1,424,877$510,715$6,947,948
80$11,640,151$1,412,107$445,235$7,545,136
81$12,742,257$1,396,110$374,960$8,201,880
82$13,954,093$1,376,645$299,648$8,924,293
83$15,286,768$1,353,459$219,044$9,719,112
84$16,752,522$1,326,282$132,885$10,593,770
85$18,364,837$1,294,827$40,894$11,556,460
86$20,138,570$1,258,794$0$12,616,217
87$22,090,090$1,217,861$0$13,800,724
88$24,237,433$1,171,690$0$15,117,899
89$26,600,471$1,119,922$0$16,567,279
90$29,201,100$1,062,179$0$18,162,317
91$32,063,445$998,059$0$19,917,839
92$35,214,090$927,137$0$21,850,180
93$38,682,326$848,966$0$23,977,346
94$42,500,430$763,071$0$26,319,181
95$46,703,963$668,952$0$28,897,550
96$51,332,115$566,077$0$31,736,553
97$56,428,064$453,889$0$34,862,749
98$62,039,393$331,796$0$38,305,407
99$68,218,531$199,174$0$42,096,783
100$75,023,252$55,364$0$46,272,426