Can I retire at age 52 with 1,120,000?

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 $1,120,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$92,489$91,665$90,861$90,076$89,310$88,378
2 years$45,786$44,934$44,107$43,306$42,529$41,589
3 years$30,221$29,365$28,540$27,747$26,982$26,065
4 years$22,440$21,586$20,770$19,990$19,244$18,357
5 years$17,772$16,924$16,118$15,354$14,629$13,774
6 years$14,662$13,820$13,026$12,279$11,575$10,754
7 years$12,441$11,606$10,825$10,095$9,414$8,626
8 years$10,776$9,948$9,180$8,469$7,810$7,055
9 years$9,482$8,662$7,907$7,213$6,577$5,856
10 years$8,447$7,635$6,893$6,218$5,604$4,916
11 years$7,601$6,797$6,069$5,411$4,819$4,164
12 years$6,896$6,100$5,386$4,747$4,176$3,552
13 years$6,300$5,513$4,812$4,191$3,642$3,049
14 years$5,790$5,011$4,324$3,720$3,193$2,629
15 years$5,348$4,578$3,904$3,317$2,811$2,277
16 years$4,962$4,200$3,539$2,970$2,484$1,979
17 years$4,622$3,868$3,221$2,669$2,203$1,724
18 years$4,319$3,574$2,940$2,405$1,959$1,507
19 years$4,049$3,313$2,691$2,173$1,746$1,319
20 years$3,807$3,078$2,470$1,968$1,559$1,157
21 years$3,587$2,867$2,272$1,786$1,395$1,017
22 years$3,388$2,677$2,094$1,624$1,251$895
23 years$3,206$2,503$1,933$1,479$1,123$788
24 years$3,040$2,345$1,788$1,349$1,009$695
25 years$2,888$2,201$1,656$1,232$908$614
26 years$2,747$2,069$1,536$1,127$818$542
27 years$2,617$1,947$1,426$1,031$737$479
28 years$2,496$1,834$1,326$945$665$424
29 years$2,384$1,731$1,234$866$601$375
30 years$2,280$1,634$1,149$795$543$332
31 years$2,182$1,545$1,071$730$491$294
32 years$2,091$1,462$1,000$671$444$261
33 years$2,006$1,384$933$617$402$231
34 years$1,925$1,312$872$568$364$205
35 years$1,850$1,245$815$523$330$182
36 years$1,779$1,181$763$481$299$161
37 years$1,712$1,122$714$444$271$143
38 years$1,648$1,066$669$409$245$127
39 years$1,588$1,014$626$377$222$113
40 years$1,531$965$587$348$202$100
41 years$1,477$918$551$321$183$89
42 years$1,426$874$516$296$166$79
43 years$1,377$833$485$273$151$70
44 years$1,331$794$455$252$137$62
45 years$1,286$757$427$233$124$55
46 years$1,244$723$401$215$113$49
47 years$1,204$689$377$199$102$44
48 years$1,166$658$354$184$93$39
49 years$1,129$629$333$170$84$35
50 years$1,094$600$313$157$77$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,120,000, adding $4,374 every year, while hoping to spend $43,838 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: 67/5/28 Blend
51$1,120,000$1,120,000$1,120,000$1,120,000
52$1,238,752$1,179,392$1,162,032$1,312,386
53$1,318,461$1,190,539$1,154,317$1,373,692
54$1,404,832$1,200,763$1,144,874$1,435,384
55$1,498,496$1,209,972$1,133,599$1,501,882
56$1,600,152$1,218,069$1,120,383$1,573,664
57$1,710,563$1,224,950$1,105,112$1,651,256
58$1,830,573$1,230,506$1,087,666$1,735,241
59$1,961,109$1,234,618$1,067,920$1,826,260
60$2,103,189$1,237,161$1,045,742$1,925,021
61$2,257,936$1,238,004$1,020,996$2,032,306
62$2,426,585$1,237,005$993,539$2,148,979
63$2,610,493$1,234,014$963,219$2,275,991
64$2,811,156$1,228,874$929,879$2,414,391
65$3,030,220$1,221,415$893,357$2,565,341
66$3,269,497$1,211,459$853,479$2,730,117
67$3,530,981$1,198,816$810,066$2,910,132
68$3,816,869$1,183,286$762,931$3,106,942
69$4,129,578$1,164,655$711,877$3,322,263
70$4,471,769$1,142,698$656,699$3,557,992
71$4,846,375$1,117,175$597,184$3,816,217
72$5,256,623$1,087,835$533,107$4,099,244
73$5,706,068$1,054,408$464,236$4,409,616
74$6,198,624$1,016,611$390,325$4,750,138
75$6,738,603$974,143$311,119$5,123,904
76$7,330,752$926,689$226,354$5,534,326
77$7,980,303$873,910$135,751$5,985,168
78$8,693,014$815,453$39,019$6,480,582
79$9,475,232$750,940$0$7,025,144
80$10,333,946$679,976$0$7,643,086
81$11,276,854$602,140$0$8,334,480
82$12,312,437$516,989$0$9,093,893
83$13,450,038$424,054$0$9,928,200
84$14,699,948$322,839$0$10,844,971
85$16,073,507$212,823$0$11,852,550
86$17,583,205$93,451$0$12,960,130
87$19,242,804$0$0$14,177,840
88$21,067,464$0$0$15,518,814
89$23,073,889$0$0$16,999,100
90$25,280,482$0$0$18,627,142
91$27,707,518$0$0$20,417,909
92$30,377,338$0$0$22,387,894
93$33,314,555$0$0$24,555,270
94$36,546,288$0$0$26,940,058
95$40,102,417$0$0$29,564,320
96$44,015,867$0$0$32,452,362
97$48,322,912$0$0$35,630,967
98$53,063,526$0$0$39,129,647
99$58,281,750$0$0$42,980,918
100$64,026,114$0$0$47,220,611