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

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
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%11%
1 years$98,269$97,394$96,540$95,706$94,892$94,492
2 years$48,648$47,742$46,864$46,013$45,187$44,783
3 years$32,110$31,200$30,324$29,481$28,668$28,273
4 years$23,842$22,935$22,068$21,239$20,447$20,063
5 years$18,883$17,982$17,126$16,314$15,543$15,173
6 years$15,578$14,683$13,840$13,046$12,299$11,942
7 years$13,218$12,331$11,501$10,726$10,002$9,659
8 years$11,449$10,570$9,754$8,998$8,298$7,968
9 years$10,074$9,203$8,401$7,664$6,988$6,671
10 years$8,975$8,112$7,324$6,607$5,954$5,651
11 years$8,076$7,222$6,448$5,750$5,121$4,831
12 years$7,327$6,482$5,723$5,043$4,437$4,160
13 years$6,694$5,858$5,113$4,452$3,870$3,605
14 years$6,152$5,324$4,594$3,952$3,392$3,140
15 years$5,682$4,864$4,148$3,525$2,987$2,746
16 years$5,272$4,463$3,760$3,156$2,640$2,411
17 years$4,910$4,110$3,422$2,836$2,340$2,123
18 years$4,589$3,798$3,124$2,556$2,081$1,875
19 years$4,302$3,520$2,860$2,309$1,855$1,660
20 years$4,044$3,271$2,624$2,091$1,657$1,472
21 years$3,811$3,046$2,414$1,898$1,483$1,308
22 years$3,600$2,844$2,225$1,726$1,329$1,163
23 years$3,407$2,660$2,054$1,572$1,193$1,037
24 years$3,230$2,492$1,900$1,433$1,072$925
25 years$3,068$2,339$1,760$1,309$965$826
26 years$2,919$2,198$1,632$1,197$869$738
27 years$2,780$2,069$1,515$1,096$784$660
28 years$2,652$1,949$1,409$1,004$707$591
29 years$2,533$1,839$1,311$921$638$530
30 years$2,422$1,737$1,221$845$577$475
31 years$2,319$1,642$1,138$776$522$426
32 years$2,222$1,553$1,062$713$472$382
33 years$2,131$1,471$992$656$427$343
34 years$2,046$1,394$927$603$387$308
35 years$1,966$1,322$866$555$350$277
36 years$1,890$1,255$810$512$317$249
37 years$1,819$1,192$759$471$288$223
38 years$1,751$1,133$710$434$261$201
39 years$1,687$1,077$666$401$236$181
40 years$1,627$1,025$624$369$214$162
41 years$1,570$976$585$341$195$146
42 years$1,515$929$549$315$176$131
43 years$1,463$885$515$290$160$118
44 years$1,414$844$483$268$145$106
45 years$1,367$805$454$248$132$96
46 years$1,322$768$426$229$120$86
47 years$1,279$733$400$211$109$78
48 years$1,238$699$376$195$99$70
49 years$1,199$668$354$180$90$63
50 years$1,162$638$333$167$82$57

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 $4,187 every year, while hoping to spend $31,879 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: 62/8/30 Blend
51$1,190,000$1,190,000$1,190,000$1,190,000
52$1,315,699$1,252,629$1,234,184$1,386,384
53$1,415,981$1,280,089$1,241,610$1,462,460
54$1,525,424$1,307,826$1,248,217$1,541,694
55$1,644,927$1,335,819$1,253,942$1,627,553
56$1,775,484$1,364,048$1,258,723$1,720,694
57$1,918,184$1,392,488$1,262,491$1,821,838
58$2,074,230$1,421,111$1,265,176$1,931,783
59$2,244,945$1,449,889$1,266,703$2,051,407
60$2,431,787$1,478,790$1,266,994$2,181,679
61$2,636,358$1,507,780$1,265,968$2,323,668
62$2,860,427$1,536,822$1,263,538$2,478,550
63$3,105,938$1,565,873$1,259,614$2,647,623
64$3,375,034$1,594,892$1,254,101$2,832,319
65$3,670,075$1,623,829$1,246,902$3,034,215
66$3,993,660$1,652,634$1,237,910$3,255,051
67$4,348,652$1,681,252$1,227,019$3,496,743
68$4,738,203$1,709,622$1,214,113$3,761,407
69$5,165,788$1,737,681$1,199,073$4,051,373
70$5,635,231$1,765,360$1,181,775$4,369,211
71$6,150,747$1,792,586$1,162,087$4,717,752
72$6,716,978$1,819,278$1,139,872$5,100,121
73$7,339,040$1,845,352$1,114,987$5,519,759
74$8,022,564$1,870,716$1,087,282$5,980,462
75$8,773,759$1,895,275$1,056,599$6,486,414
76$9,599,462$1,918,923$1,022,775$7,042,228
77$10,507,206$1,941,549$985,637$7,652,987
78$11,505,290$1,963,034$945,005$8,324,298
79$12,602,860$1,983,253$900,693$9,062,338
80$13,809,988$2,002,069$852,503$9,873,919
81$15,137,775$2,019,339$800,230$10,766,549
82$16,598,451$2,034,908$743,660$11,748,504
83$18,205,488$2,048,615$682,568$12,828,908
84$19,973,735$2,060,283$616,720$14,017,817
85$21,919,548$2,069,729$545,873$15,326,317
86$24,060,951$2,076,756$469,769$16,766,625
87$26,417,805$2,081,153$388,143$18,352,212
88$29,011,990$2,082,699$300,715$20,097,923
89$31,867,619$2,081,157$207,194$22,020,122
90$35,011,258$2,076,276$107,278$24,136,845
91$38,472,183$2,067,790$648$26,467,975
92$42,282,651$2,055,416$0$29,035,424
93$46,478,204$2,038,855$0$31,899,562
94$51,098,010$2,017,788$0$35,053,370
95$56,185,225$1,991,877$0$38,526,097
96$61,787,406$1,960,767$0$42,350,205
97$67,956,954$1,924,078$0$46,561,465
98$74,751,615$1,881,409$0$51,199,294
99$82,235,016$1,832,335$0$56,307,131
100$90,477,276$1,776,407$0$61,932,842