Can I retire at age 52 with 1,180,000?

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 $1,180,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$97,443$96,575$95,728$94,902$94,095$92,384
2 years$48,239$47,341$46,470$45,626$44,807$43,090
3 years$31,840$30,938$30,069$29,233$28,427$26,757
4 years$23,642$22,743$21,883$21,061$20,275$18,664
5 years$18,725$17,830$16,982$16,177$15,413$13,866
6 years$15,447$14,560$13,724$12,937$12,195$10,715
7 years$13,107$12,227$11,405$10,636$9,918$8,504
8 years$11,353$10,481$9,672$8,922$8,228$6,880
9 years$9,989$9,126$8,331$7,600$6,929$5,646
10 years$8,899$8,044$7,263$6,551$5,904$4,685
11 years$8,008$7,161$6,394$5,701$5,078$3,922
12 years$7,265$6,427$5,675$5,001$4,400$3,305
13 years$6,638$5,808$5,070$4,415$3,837$2,802
14 years$6,100$5,280$4,555$3,919$3,364$2,386
15 years$5,635$4,823$4,113$3,495$2,962$2,039
16 years$5,228$4,425$3,729$3,130$2,617$1,749
17 years$4,869$4,075$3,393$2,812$2,321$1,504
18 years$4,551$3,766$3,097$2,534$2,064$1,296
19 years$4,266$3,490$2,836$2,290$1,839$1,119
20 years$4,010$3,243$2,602$2,074$1,643$968
21 years$3,779$3,021$2,394$1,882$1,470$839
22 years$3,569$2,820$2,206$1,711$1,318$727
23 years$3,378$2,637$2,037$1,558$1,183$631
24 years$3,203$2,471$1,884$1,421$1,063$549
25 years$3,042$2,319$1,745$1,298$957$477
26 years$2,894$2,179$1,618$1,187$862$415
27 years$2,757$2,051$1,503$1,086$777$361
28 years$2,630$1,933$1,397$995$701$315
29 years$2,512$1,823$1,300$913$633$274
30 years$2,402$1,722$1,211$838$572$239
31 years$2,299$1,628$1,129$769$517$209
32 years$2,203$1,540$1,053$707$468$182
33 years$2,113$1,459$983$650$423$159
34 years$2,029$1,382$919$598$383$139
35 years$1,949$1,311$859$551$347$121
36 years$1,874$1,245$804$507$315$106
37 years$1,803$1,182$752$467$285$92
38 years$1,736$1,123$704$431$258$81
39 years$1,673$1,068$660$397$234$70
40 years$1,613$1,016$619$366$213$62
41 years$1,556$967$580$338$193$54
42 years$1,502$921$544$312$175$47
43 years$1,451$878$511$288$159$41
44 years$1,402$837$479$266$144$36
45 years$1,355$798$450$246$131$31
46 years$1,311$761$423$227$119$27
47 years$1,269$726$397$210$108$24
48 years$1,228$693$373$194$98$21
49 years$1,189$662$351$179$89$18
50 years$1,152$633$330$165$81$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,180,000, adding $2,805 every year, while hoping to spend $41,394 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: 42/41/17 Blend
51$1,180,000$1,180,000$1,180,000$1,180,000
52$1,303,253$1,240,713$1,222,423$1,351,391
53$1,392,142$1,257,465$1,219,332$1,402,415
54$1,488,711$1,273,651$1,214,749$1,453,362
55$1,593,698$1,289,199$1,208,582$1,507,656
56$1,707,917$1,304,032$1,200,732$1,565,623
57$1,832,265$1,318,069$1,191,096$1,627,625
58$1,967,725$1,331,224$1,179,567$1,694,062
59$2,115,383$1,343,403$1,166,032$1,765,375
60$2,276,430$1,354,508$1,150,372$1,842,053
61$2,452,180$1,364,434$1,132,464$1,924,638
62$2,644,079$1,373,067$1,112,178$2,013,728
63$2,853,717$1,380,290$1,089,379$2,109,983
64$3,082,847$1,385,975$1,063,923$2,214,136
65$3,333,397$1,389,987$1,035,664$2,326,995
66$3,607,489$1,392,182$1,004,445$2,449,453
67$3,907,463$1,392,409$970,104$2,582,500
68$4,235,893$1,390,506$932,471$2,727,226
69$4,595,613$1,386,300$891,368$2,884,840
70$4,989,746$1,379,609$846,609$3,056,676
71$5,421,730$1,370,239$798,000$3,244,207
72$5,895,352$1,357,986$745,339$3,449,062
73$6,414,782$1,342,632$688,412$3,673,041
74$6,984,615$1,323,946$626,998$3,918,133
75$7,609,909$1,301,683$560,866$4,186,532
76$8,296,239$1,275,584$489,774$4,480,666
77$9,049,743$1,245,376$413,470$4,803,214
78$9,877,184$1,210,766$331,688$5,157,133
79$10,786,011$1,171,449$244,154$5,545,692
80$11,784,432$1,127,097$150,581$5,972,499
81$12,881,486$1,077,367$50,668$6,441,537
82$14,087,134$1,021,894$0$6,957,204
83$15,412,348$960,293$0$7,534,506
84$16,869,215$892,155$0$8,179,121
85$18,471,055$817,050$0$8,887,826
86$20,232,539$734,523$0$9,667,216
87$22,169,834$644,090$0$10,524,566
88$24,300,750$545,244$0$11,467,901
89$26,644,913$437,447$0$12,506,071
90$29,223,942$320,130$0$13,648,838
91$32,061,663$192,695$0$14,906,972
92$35,184,322$54,506$0$16,292,347
93$38,620,842$0$0$17,818,062
94$42,403,090$0$0$19,541,470
95$46,566,179$0$0$21,465,657
96$51,148,800$0$0$23,583,936
97$56,193,584$0$0$25,916,035
98$61,747,505$0$0$28,483,695
99$67,862,325$0$0$31,310,869
100$74,595,078$0$0$34,423,953