Can I retire at age 52 with 1,160,000?

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 $1,160,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$95,792$94,938$94,106$93,293$92,500$90,008
2 years$47,422$46,538$45,683$44,853$44,048$41,555
3 years$31,300$30,413$29,560$28,738$27,946$25,530
4 years$23,241$22,357$21,512$20,704$19,931$17,611
5 years$18,407$17,528$16,694$15,902$15,151$12,934
6 years$15,185$14,313$13,491$12,717$11,989$9,875
7 years$12,885$12,020$11,211$10,456$9,750$7,741
8 years$11,161$10,303$9,508$8,771$8,089$6,183
9 years$9,820$8,971$8,189$7,471$6,812$5,008
10 years$8,748$7,908$7,140$6,440$5,804$4,099
11 years$7,872$7,040$6,286$5,605$4,992$3,383
12 years$7,142$6,318$5,578$4,916$4,326$2,811
13 years$6,525$5,710$4,984$4,340$3,772$2,348
14 years$5,997$5,190$4,478$3,853$3,307$1,970
15 years$5,539$4,741$4,043$3,436$2,911$1,658
16 years$5,139$4,350$3,666$3,077$2,573$1,400
17 years$4,787$4,006$3,336$2,764$2,281$1,185
18 years$4,474$3,702$3,045$2,491$2,029$1,005
19 years$4,194$3,431$2,788$2,251$1,808$854
20 years$3,942$3,188$2,558$2,039$1,615$726
21 years$3,715$2,970$2,353$1,850$1,445$618
22 years$3,509$2,772$2,169$1,682$1,295$527
23 years$3,321$2,593$2,002$1,532$1,163$450
24 years$3,149$2,429$1,852$1,397$1,045$384
25 years$2,991$2,280$1,715$1,276$941$328
26 years$2,845$2,143$1,591$1,167$847$281
27 years$2,710$2,016$1,477$1,068$764$240
28 years$2,585$1,900$1,373$979$689$205
29 years$2,469$1,792$1,278$897$622$176
30 years$2,361$1,693$1,190$824$562$151
31 years$2,260$1,600$1,110$756$508$129
32 years$2,166$1,514$1,035$695$460$110
33 years$2,077$1,434$967$639$416$95
34 years$1,994$1,359$903$588$377$81
35 years$1,916$1,289$844$541$341$69
36 years$1,842$1,223$790$499$309$60
37 years$1,773$1,162$739$459$280$51
38 years$1,707$1,104$692$423$254$44
39 years$1,645$1,050$649$390$230$38
40 years$1,586$999$608$360$209$32
41 years$1,530$951$570$332$190$28
42 years$1,477$906$535$307$172$24
43 years$1,426$863$502$283$156$20
44 years$1,378$823$471$261$142$17
45 years$1,332$784$442$241$129$15
46 years$1,289$748$415$223$117$13
47 years$1,247$714$390$206$106$11
48 years$1,207$682$367$190$96$9
49 years$1,169$651$345$176$87$8
50 years$1,133$622$324$163$79$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,160,000, adding $3,262 every year, while hoping to spend $21,362 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: 65/22/13 Blend
51$1,160,000$1,160,000$1,160,000$1,160,000
52$1,281,685$1,220,205$1,202,225$1,360,921
53$1,389,688$1,257,266$1,219,770$1,451,318
54$1,507,991$1,295,427$1,237,188$1,547,264
55$1,637,622$1,334,719$1,254,450$1,651,566
56$1,779,715$1,375,175$1,271,529$1,765,040
57$1,935,514$1,416,828$1,288,394$1,888,582
58$2,106,395$1,459,711$1,305,014$2,023,180
59$2,293,870$1,503,859$1,321,354$2,169,920
60$2,499,605$1,549,308$1,337,379$2,329,999
61$2,725,435$1,596,095$1,353,052$2,504,737
62$2,973,382$1,644,256$1,368,332$2,695,584
63$3,245,673$1,693,831$1,383,177$2,904,139
64$3,544,762$1,744,859$1,397,544$3,132,162
65$3,873,351$1,797,380$1,411,385$3,381,593
66$4,234,417$1,851,436$1,424,650$3,654,566
67$4,631,240$1,907,069$1,437,289$3,953,435
68$5,067,434$1,964,323$1,449,245$4,280,790
69$5,546,980$2,023,242$1,460,462$4,639,486
70$6,074,263$2,083,872$1,470,879$5,032,667
71$6,654,116$2,146,260$1,480,432$5,463,796
72$7,291,863$2,210,454$1,489,054$5,936,689
73$7,993,370$2,276,503$1,496,674$6,455,550
74$8,765,099$2,344,457$1,503,218$7,025,009
75$9,614,171$2,414,367$1,508,607$7,650,169
76$10,548,432$2,486,287$1,512,761$8,336,651
77$11,576,526$2,560,269$1,515,593$9,090,649
78$12,707,979$2,636,370$1,517,013$9,918,984
79$13,953,286$2,714,644$1,516,925$10,829,177
80$15,324,010$2,795,151$1,515,231$11,829,509
81$16,832,894$2,877,948$1,511,827$12,929,107
82$18,493,978$2,963,097$1,506,602$14,138,029
83$20,322,733$3,050,657$1,499,442$15,467,355
84$22,336,205$3,140,693$1,490,226$16,929,293
85$24,553,179$3,233,268$1,478,830$18,537,297
86$26,994,352$3,328,447$1,465,120$20,306,191
87$29,682,533$3,426,298$1,448,959$22,252,308
88$32,642,854$3,526,889$1,430,200$24,393,646
89$35,903,006$3,630,288$1,408,694$26,750,040
90$39,493,508$3,736,567$1,384,281$29,343,341
91$43,447,986$3,845,799$1,356,794$32,197,633
92$47,803,494$3,958,056$1,326,059$35,339,450
93$52,600,863$4,073,414$1,291,895$38,798,033
94$57,885,089$4,191,949$1,254,112$42,605,605
95$63,705,752$4,313,739$1,212,509$46,797,671
96$70,117,489$4,438,862$1,166,878$51,413,358
97$77,180,507$4,567,400$1,117,002$56,495,781
98$84,961,149$4,699,434$1,062,653$62,092,452
99$93,532,527$4,835,046$1,003,592$68,255,727
100$102,975,203$4,974,322$939,571$75,043,299