Can I retire at age 52 with 1,170,000?

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 $1,170,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$96,618$95,757$94,917$94,098$93,297$92,400
2 years$47,830$46,940$46,076$45,239$44,427$43,523
3 years$31,570$30,676$29,814$28,985$28,187$27,304
4 years$23,442$22,550$21,697$20,882$20,103$19,248
5 years$18,566$17,679$16,838$16,040$15,282$14,458
6 years$15,316$14,436$13,608$12,827$12,092$11,300
7 years$12,996$12,124$11,308$10,546$9,834$9,074
8 years$11,257$10,392$9,590$8,847$8,158$7,431
9 years$9,905$9,048$8,260$7,535$6,870$6,175
10 years$8,824$7,976$7,201$6,496$5,854$5,189
11 years$7,940$7,100$6,340$5,653$5,035$4,401
12 years$7,204$6,373$5,626$4,958$4,363$3,759
13 years$6,581$5,759$5,027$4,378$3,805$3,231
14 years$6,048$5,235$4,517$3,886$3,335$2,790
15 years$5,587$4,782$4,078$3,466$2,936$2,419
16 years$5,184$4,388$3,697$3,103$2,595$2,105
17 years$4,828$4,041$3,364$2,788$2,301$1,837
18 years$4,512$3,734$3,071$2,513$2,046$1,608
19 years$4,230$3,461$2,812$2,270$1,824$1,410
20 years$3,976$3,216$2,580$2,056$1,629$1,239
21 years$3,747$2,995$2,373$1,866$1,458$1,090
22 years$3,539$2,796$2,187$1,697$1,307$960
23 years$3,350$2,615$2,020$1,545$1,173$847
24 years$3,176$2,450$1,868$1,409$1,054$748
25 years$3,016$2,299$1,730$1,287$949$662
26 years$2,869$2,161$1,605$1,177$855$585
27 years$2,734$2,034$1,490$1,077$770$518
28 years$2,608$1,916$1,385$987$695$459
29 years$2,491$1,808$1,289$905$628$407
30 years$2,382$1,707$1,201$831$567$361
31 years$2,280$1,614$1,119$763$513$321
32 years$2,185$1,527$1,044$701$464$285
33 years$2,095$1,446$975$645$420$253
34 years$2,011$1,371$911$593$380$224
35 years$1,933$1,300$852$546$344$199
36 years$1,858$1,234$797$503$312$177
37 years$1,788$1,172$746$463$283$158
38 years$1,722$1,114$698$427$256$140
39 years$1,659$1,059$654$394$232$125
40 years$1,600$1,008$613$363$211$111
41 years$1,543$959$575$335$191$99
42 years$1,490$914$539$309$174$88
43 years$1,439$870$506$286$157$78
44 years$1,390$830$475$264$143$69
45 years$1,344$791$446$243$130$62
46 years$1,300$755$419$225$118$55
47 years$1,258$720$394$208$107$49
48 years$1,218$688$370$192$97$44
49 years$1,179$657$348$177$88$39
50 years$1,142$627$327$164$80$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,170,000, adding $6,211 every year, while hoping to spend $35,188 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: 59/15/26 Blend
51$1,170,000$1,170,000$1,170,000$1,170,000
52$1,295,747$1,233,737$1,215,602$1,362,753
53$1,390,473$1,256,750$1,218,885$1,432,188
54$1,493,682$1,279,712$1,221,098$1,503,590
55$1,606,202$1,302,582$1,222,169$1,580,728
56$1,728,944$1,325,318$1,222,021$1,664,166
57$1,862,912$1,347,874$1,220,574$1,754,528
58$2,009,209$1,370,200$1,217,744$1,852,502
59$2,169,051$1,392,242$1,213,441$1,958,845
60$2,343,777$1,413,945$1,207,574$2,074,395
61$2,534,859$1,435,245$1,200,044$2,200,073
62$2,743,920$1,456,078$1,190,752$2,336,896
63$2,972,747$1,476,372$1,179,588$2,485,987
64$3,223,305$1,496,052$1,166,443$2,648,582
65$3,497,762$1,515,038$1,151,198$2,826,046
66$3,798,502$1,533,244$1,133,732$3,019,883
67$4,128,153$1,550,576$1,113,915$3,231,752
68$4,489,607$1,566,937$1,091,614$3,463,483
69$4,886,052$1,582,222$1,066,688$3,717,094
70$5,320,997$1,596,319$1,038,990$3,994,809
71$5,798,308$1,609,108$1,008,366$4,299,083
72$6,322,244$1,620,463$974,654$4,632,621
73$6,897,495$1,630,248$937,688$4,998,407
74$7,529,230$1,638,320$897,290$5,399,730
75$8,223,139$1,644,525$853,277$5,840,218
76$8,985,493$1,648,701$805,456$6,323,870
77$9,823,201$1,650,675$753,627$6,855,098
78$10,743,873$1,650,263$697,578$7,438,764
79$11,755,892$1,647,270$637,091$8,080,230
80$12,868,496$1,641,489$571,936$8,785,406
81$14,091,860$1,632,700$501,874$9,560,812
82$15,437,198$1,620,670$426,655$10,413,633
83$16,916,860$1,605,152$346,016$11,351,790
84$18,544,458$1,585,882$259,686$12,384,020
85$20,334,987$1,562,584$167,379$13,519,952
86$22,304,967$1,534,963$68,798$14,770,200
87$24,472,604$1,502,706$0$16,146,470
88$26,857,955$1,465,484$0$17,671,762
89$29,483,119$1,422,945$0$19,371,226
90$32,372,448$1,374,720$0$21,241,529
91$35,552,773$1,320,417$0$23,300,053
92$39,053,659$1,259,621$0$25,565,955
93$42,907,682$1,191,892$0$28,060,346
94$47,150,738$1,116,767$0$30,806,490
95$51,822,379$1,033,754$0$33,830,026
96$56,966,189$942,336$0$37,159,209
97$62,630,193$841,963$0$40,825,176
98$68,867,309$732,055$0$44,862,241
99$75,735,848$612,000$0$49,308,221
100$83,300,067$481,150$0$54,204,790