Can I retire at age 52 with 1,190,000?

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 $1,190,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$98,269$97,394$96,540$95,706$94,892$91,708
2 years$48,648$47,742$46,864$46,013$45,187$42,010
3 years$32,110$31,200$30,324$29,481$28,668$25,599
4 years$23,842$22,935$22,068$21,239$20,447$17,508
5 years$18,883$17,982$17,126$16,314$15,543$12,743
6 years$15,578$14,683$13,840$13,046$12,299$9,640
7 years$13,218$12,331$11,501$10,726$10,002$7,484
8 years$11,449$10,570$9,754$8,998$8,298$5,918
9 years$10,074$9,203$8,401$7,664$6,988$4,744
10 years$8,975$8,112$7,324$6,607$5,954$3,842
11 years$8,076$7,222$6,448$5,750$5,121$3,136
12 years$7,327$6,482$5,723$5,043$4,437$2,577
13 years$6,694$5,858$5,113$4,452$3,870$2,128
14 years$6,152$5,324$4,594$3,952$3,392$1,764
15 years$5,682$4,864$4,148$3,525$2,987$1,467
16 years$5,272$4,463$3,760$3,156$2,640$1,224
17 years$4,910$4,110$3,422$2,836$2,340$1,023
18 years$4,589$3,798$3,124$2,556$2,081$857
19 years$4,302$3,520$2,860$2,309$1,855$718
20 years$4,044$3,271$2,624$2,091$1,657$603
21 years$3,811$3,046$2,414$1,898$1,483$507
22 years$3,600$2,844$2,225$1,726$1,329$427
23 years$3,407$2,660$2,054$1,572$1,193$359
24 years$3,230$2,492$1,900$1,433$1,072$303
25 years$3,068$2,339$1,760$1,309$965$255
26 years$2,919$2,198$1,632$1,197$869$215
27 years$2,780$2,069$1,515$1,096$784$182
28 years$2,652$1,949$1,409$1,004$707$153
29 years$2,533$1,839$1,311$921$638$129
30 years$2,422$1,737$1,221$845$577$109
31 years$2,319$1,642$1,138$776$522$92
32 years$2,222$1,553$1,062$713$472$78
33 years$2,131$1,471$992$656$427$66
34 years$2,046$1,394$927$603$387$56
35 years$1,966$1,322$866$555$350$47
36 years$1,890$1,255$810$512$317$40
37 years$1,819$1,192$759$471$288$34
38 years$1,751$1,133$710$434$261$28
39 years$1,687$1,077$666$401$236$24
40 years$1,627$1,025$624$369$214$20
41 years$1,570$976$585$341$195$17
42 years$1,515$929$549$315$176$14
43 years$1,463$885$515$290$160$12
44 years$1,414$844$483$268$145$10
45 years$1,367$805$454$248$132$9
46 years$1,322$768$426$229$120$7
47 years$1,279$733$400$211$109$6
48 years$1,238$699$376$195$99$5
49 years$1,199$668$354$180$90$4
50 years$1,162$638$333$167$82$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,190,000, adding $6,545 every year, while hoping to spend $21,382 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: 52/32/16 Blend
51$1,190,000$1,190,000$1,190,000$1,190,000
52$1,318,131$1,255,061$1,236,616$1,380,628
53$1,429,830$1,293,809$1,255,293$1,462,916
54$1,552,206$1,333,739$1,273,878$1,549,572
55$1,686,325$1,374,886$1,292,347$1,643,349
56$1,833,361$1,417,286$1,310,672$1,744,927
57$1,994,609$1,460,978$1,328,824$1,855,054
58$2,171,493$1,506,000$1,346,773$1,974,557
59$2,365,582$1,552,391$1,364,487$2,104,341
60$2,578,605$1,600,191$1,381,931$2,245,406
61$2,812,466$1,649,444$1,399,069$2,398,851
62$3,069,262$1,700,191$1,415,862$2,565,885
63$3,351,304$1,752,478$1,432,271$2,747,841
64$3,661,137$1,806,350$1,448,252$2,946,187
65$4,001,565$1,861,853$1,463,761$3,162,536
66$4,375,677$1,919,036$1,478,749$3,398,668
67$4,786,876$1,977,949$1,493,167$3,656,541
68$5,238,911$2,038,642$1,506,962$3,938,312
69$5,735,912$2,101,168$1,520,077$4,246,355
70$6,282,431$2,165,580$1,532,455$4,583,288
71$6,883,480$2,231,935$1,544,034$4,951,992
72$7,544,584$2,300,288$1,554,748$5,355,640
73$8,271,828$2,370,700$1,564,529$5,797,729
74$9,071,919$2,443,228$1,573,305$6,282,110
75$9,952,245$2,517,936$1,581,000$6,813,024
76$10,920,946$2,594,887$1,587,536$7,395,145
77$11,986,992$2,674,146$1,592,828$8,033,621
78$13,160,266$2,755,781$1,596,789$8,734,124
79$14,451,659$2,839,859$1,599,326$9,502,902
80$15,873,168$2,926,452$1,600,344$10,346,838
81$17,438,015$3,015,632$1,599,739$11,273,517
82$19,160,769$3,107,475$1,597,407$12,291,294
83$21,057,483$3,202,056$1,593,235$13,409,377
84$23,145,844$3,299,454$1,587,106$14,637,907
85$25,445,343$3,399,751$1,578,898$15,988,061
86$27,977,458$3,503,029$1,568,481$17,472,153
87$30,765,855$3,609,373$1,555,721$19,103,752
88$33,836,611$3,718,871$1,540,477$20,897,806
89$37,218,462$3,831,613$1,522,599$22,870,788
90$40,943,073$3,947,690$1,501,935$25,040,849
91$45,045,337$4,067,198$1,478,320$27,427,989
92$49,563,703$4,190,232$1,451,586$30,054,245
93$54,540,541$4,316,893$1,421,553$32,943,901
94$60,022,538$4,447,283$1,388,037$36,123,715
95$66,061,143$4,581,505$1,350,842$39,623,172
96$72,713,049$4,719,669$1,309,765$43,474,762
97$80,040,730$4,861,883$1,264,592$47,714,286
98$88,113,029$5,008,260$1,215,101$52,381,197
99$97,005,810$5,158,917$1,161,059$57,518,966
100$106,802,670$5,313,971$1,102,222$63,175,499