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

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 $1,120,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$92,489$91,665$90,861$90,076$89,310$86,940
2 years$45,786$44,934$44,107$43,306$42,529$40,157
3 years$30,221$29,365$28,540$27,747$26,982$24,683
4 years$22,440$21,586$20,770$19,990$19,244$17,036
5 years$17,772$16,924$16,118$15,354$14,629$12,518
6 years$14,662$13,820$13,026$12,279$11,575$9,563
7 years$12,441$11,606$10,825$10,095$9,414$7,500
8 years$10,776$9,948$9,180$8,469$7,810$5,994
9 years$9,482$8,662$7,907$7,213$6,577$4,858
10 years$8,447$7,635$6,893$6,218$5,604$3,979
11 years$7,601$6,797$6,069$5,411$4,819$3,286
12 years$6,896$6,100$5,386$4,747$4,176$2,732
13 years$6,300$5,513$4,812$4,191$3,642$2,284
14 years$5,790$5,011$4,324$3,720$3,193$1,917
15 years$5,348$4,578$3,904$3,317$2,811$1,615
16 years$4,962$4,200$3,539$2,970$2,484$1,364
17 years$4,622$3,868$3,221$2,669$2,203$1,156
18 years$4,319$3,574$2,940$2,405$1,959$981
19 years$4,049$3,313$2,691$2,173$1,746$834
20 years$3,807$3,078$2,470$1,968$1,559$710
21 years$3,587$2,867$2,272$1,786$1,395$605
22 years$3,388$2,677$2,094$1,624$1,251$516
23 years$3,206$2,503$1,933$1,479$1,123$441
24 years$3,040$2,345$1,788$1,349$1,009$377
25 years$2,888$2,201$1,656$1,232$908$322
26 years$2,747$2,069$1,536$1,127$818$276
27 years$2,617$1,947$1,426$1,031$737$236
28 years$2,496$1,834$1,326$945$665$202
29 years$2,384$1,731$1,234$866$601$173
30 years$2,280$1,634$1,149$795$543$148
31 years$2,182$1,545$1,071$730$491$127
32 years$2,091$1,462$1,000$671$444$109
33 years$2,006$1,384$933$617$402$93
34 years$1,925$1,312$872$568$364$80
35 years$1,850$1,245$815$523$330$69
36 years$1,779$1,181$763$481$299$59
37 years$1,712$1,122$714$444$271$51
38 years$1,648$1,066$669$409$245$43
39 years$1,588$1,014$626$377$222$37
40 years$1,531$965$587$348$202$32
41 years$1,477$918$551$321$183$27
42 years$1,426$874$516$296$166$24
43 years$1,377$833$485$273$151$20
44 years$1,331$794$455$252$137$17
45 years$1,286$757$427$233$124$15
46 years$1,244$723$401$215$113$13
47 years$1,204$689$377$199$102$11
48 years$1,166$658$354$184$93$9
49 years$1,129$629$333$170$84$8
50 years$1,094$600$313$157$77$7

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 $2,674 every year, while hoping to spend $39,941 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: 66/10/24 Blend
51$1,120,000$1,120,000$1,120,000$1,120,000
52$1,236,998$1,177,638$1,160,278$1,310,802
53$1,320,675$1,192,846$1,156,651$1,375,989
54$1,411,548$1,207,459$1,151,563$1,442,462
55$1,510,310$1,221,409$1,144,924$1,514,220
56$1,617,721$1,234,617$1,136,638$1,591,787
57$1,734,619$1,247,003$1,126,606$1,675,738
58$1,861,924$1,258,481$1,114,722$1,766,708
59$2,000,652$1,268,958$1,100,876$1,865,398
60$2,151,918$1,278,336$1,084,954$1,972,580
61$2,316,949$1,286,510$1,066,836$2,089,108
62$2,497,098$1,293,369$1,046,395$2,215,921
63$2,693,852$1,298,795$1,023,500$2,354,056
64$2,908,850$1,302,661$998,013$2,504,659
65$3,143,895$1,304,834$969,788$2,668,990
66$3,400,973$1,305,170$938,676$2,848,441
67$3,682,268$1,303,520$904,518$3,044,549
68$3,990,190$1,299,723$867,150$3,259,005
69$4,327,388$1,293,608$826,398$3,493,677
70$4,696,781$1,284,994$782,082$3,750,625
71$5,101,584$1,273,691$734,013$4,032,120
72$5,545,338$1,259,494$681,995$4,340,667
73$6,031,941$1,242,188$625,821$4,679,028
74$6,565,689$1,221,545$565,275$5,050,250
75$7,151,312$1,197,323$500,135$5,457,693
76$7,794,020$1,169,266$430,163$5,905,061
77$8,499,552$1,137,102$355,115$6,396,439
78$9,274,230$1,100,544$274,736$6,936,332
79$10,125,019$1,059,288$188,757$7,529,707
80$11,059,590$1,013,013$96,900$8,182,041
81$12,086,395$961,377$0$8,899,374
82$13,214,744$904,021$0$9,688,652
83$14,454,893$840,563$0$10,583,429
84$15,818,144$770,602$0$11,567,040
85$17,316,945$693,712$0$12,648,495
86$18,965,012$609,443$0$13,837,721
87$20,777,457$517,319$0$15,145,660
88$22,770,929$416,839$0$16,584,367
89$24,963,771$307,472$0$18,167,127
90$27,376,194$188,657$0$19,908,581
91$30,030,468$59,803$0$21,824,863
92$32,951,127$0$0$23,933,752
93$36,165,207$0$0$26,263,612
94$39,702,494$0$0$28,835,090
95$43,595,810$0$0$31,665,474
96$47,881,320$0$0$34,781,069
97$52,598,872$0$0$38,210,853
98$57,792,374$0$0$41,986,763
99$63,510,209$0$0$46,143,985
100$69,805,688$0$0$50,721,292