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

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 $1,080,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$89,185$88,391$87,616$86,859$86,121$82,671
2 years$44,151$43,329$42,532$41,759$41,010$37,578
3 years$29,142$28,316$27,521$26,756$26,018$22,712
4 years$21,638$20,815$20,028$19,276$18,557$15,401
5 years$17,138$16,319$15,543$14,806$14,106$11,109
6 years$14,138$13,326$12,561$11,840$11,162$8,325
7 years$11,997$11,191$10,438$9,735$9,078$6,401
8 years$10,391$9,593$8,852$8,166$7,531$5,011
9 years$9,143$8,352$7,625$6,956$6,342$3,975
10 years$8,145$7,362$6,647$5,996$5,404$3,185
11 years$7,329$6,554$5,852$5,218$4,647$2,571
12 years$6,650$5,883$5,194$4,577$4,027$2,089
13 years$6,075$5,316$4,640$4,041$3,512$1,705
14 years$5,583$4,832$4,169$3,587$3,078$1,397
15 years$5,157$4,414$3,764$3,199$2,711$1,148
16 years$4,785$4,050$3,413$2,864$2,396$945
17 years$4,457$3,730$3,106$2,574$2,124$780
18 years$4,165$3,447$2,835$2,319$1,889$645
19 years$3,905$3,194$2,595$2,096$1,683$534
20 years$3,671$2,968$2,382$1,898$1,504$443
21 years$3,459$2,765$2,191$1,723$1,346$367
22 years$3,267$2,581$2,019$1,566$1,206$305
23 years$3,092$2,414$1,864$1,426$1,083$253
24 years$2,932$2,262$1,724$1,301$973$211
25 years$2,784$2,122$1,597$1,188$876$175
26 years$2,649$1,995$1,481$1,086$789$146
27 years$2,523$1,877$1,375$994$711$121
28 years$2,407$1,769$1,279$911$642$101
29 years$2,299$1,669$1,190$835$579$84
30 years$2,198$1,576$1,108$767$524$70
31 years$2,104$1,490$1,033$704$473$58
32 years$2,017$1,410$964$647$428$49
33 years$1,934$1,335$900$595$387$40
34 years$1,857$1,265$841$548$351$34
35 years$1,784$1,200$786$504$318$28
36 years$1,715$1,139$736$464$288$23
37 years$1,651$1,082$688$428$261$19
38 years$1,589$1,028$645$394$237$16
39 years$1,531$978$604$364$215$14
40 years$1,477$930$566$335$195$11
41 years$1,424$885$531$309$177$9
42 years$1,375$843$498$285$160$8
43 years$1,328$803$467$264$145$7
44 years$1,283$766$439$243$132$5
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$3
48 years$1,124$635$341$177$90$3
49 years$1,088$606$321$164$81$2
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 $4,985 every year, while hoping to spend $47,562 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: 54/31/15 Blend
51$1,080,000$1,080,000$1,080,000$1,080,000
52$1,195,302$1,138,062$1,121,322$1,254,832
53$1,266,617$1,143,221$1,108,281$1,301,124
54$1,343,613$1,147,040$1,093,208$1,345,968
55$1,426,817$1,149,401$1,075,987$1,393,703
56$1,516,812$1,150,181$1,056,492$1,444,617
57$1,614,238$1,149,251$1,034,595$1,499,027
58$1,719,796$1,146,470$1,010,160$1,557,286
59$1,834,259$1,141,691$983,045$1,619,784
60$1,958,478$1,134,758$953,101$1,686,952
61$2,093,386$1,125,505$920,174$1,759,269
62$2,240,012$1,113,755$884,100$1,837,263
63$2,399,487$1,099,323$844,711$1,921,523
64$2,573,054$1,082,009$801,828$2,012,695
65$2,762,083$1,061,605$755,267$2,111,497
66$2,968,080$1,037,888$704,833$2,218,725
67$3,192,704$1,010,624$650,324$2,335,257
68$3,437,778$979,563$591,528$2,462,066
69$3,705,311$944,441$528,224$2,600,226
70$3,997,514$904,980$460,181$2,750,926
71$4,316,821$860,885$387,158$2,915,483
72$4,665,912$811,843$308,903$3,095,351
73$5,047,736$757,525$225,153$3,292,136
74$5,465,543$697,581$135,632$3,507,616
75$5,922,908$631,642$40,056$3,743,756
76$6,423,771$559,319$0$4,002,726
77$6,972,468$480,198$0$4,296,839
78$7,573,777$393,845$0$4,626,317
79$8,232,958$299,800$0$4,987,724
80$8,955,806$197,576$0$5,384,349
81$9,748,701$86,660$0$5,819,823
82$10,618,672$0$0$6,298,151
83$11,573,462$0$0$6,835,179
84$12,621,599$0$0$7,457,268
85$13,772,477$0$0$8,140,444
86$15,036,443$0$0$8,890,863
87$16,424,898$0$0$9,715,309
88$17,950,400$0$0$10,621,252
89$19,626,783$0$0$11,616,923
90$21,469,289$0$0$12,711,389
91$23,494,708$0$0$13,914,642
92$25,721,540$0$0$15,237,688
93$28,170,165$0$0$16,692,652
94$30,863,038$0$0$18,292,896
95$33,824,900$0$0$20,053,138
96$37,083,007$0$0$21,989,598
97$40,667,391$0$0$24,120,144
98$44,611,144$0$0$26,464,466
99$48,950,723$0$0$29,044,256
100$53,726,300$0$0$31,883,418