Can I retire at age 52 with 1,200,000?

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 $1,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$99,095$98,212$97,351$96,510$95,690$92,111
2 years$49,057$48,143$47,258$46,399$45,567$42,002
3 years$32,380$31,462$30,579$29,728$28,909$25,472
4 years$24,043$23,128$22,254$21,418$20,618$17,333
5 years$19,042$18,133$17,270$16,451$15,674$12,550
6 years$15,709$14,807$13,956$13,156$12,402$9,441
7 years$13,329$12,435$11,598$10,816$10,086$7,288
8 years$11,546$10,659$9,836$9,073$8,367$5,729
9 years$10,159$9,280$8,472$7,729$7,047$4,564
10 years$9,050$8,180$7,386$6,662$6,004$3,673
11 years$8,143$7,282$6,502$5,798$5,164$2,979
12 years$7,388$6,536$5,771$5,086$4,475$2,431
13 years$6,750$5,907$5,156$4,490$3,902$1,994
14 years$6,204$5,369$4,632$3,986$3,421$1,642
15 years$5,730$4,905$4,182$3,554$3,012$1,356
16 years$5,316$4,500$3,792$3,183$2,662$1,123
17 years$4,952$4,144$3,451$2,860$2,360$931
18 years$4,628$3,830$3,150$2,577$2,098$774
19 years$4,339$3,549$2,884$2,329$1,870$644
20 years$4,078$3,298$2,646$2,109$1,671$537
21 years$3,843$3,072$2,434$1,914$1,495$448
22 years$3,630$2,868$2,244$1,740$1,340$374
23 years$3,435$2,682$2,071$1,585$1,203$312
24 years$3,257$2,513$1,916$1,446$1,081$261
25 years$3,094$2,358$1,774$1,320$973$218
26 years$2,943$2,216$1,646$1,207$876$183
27 years$2,804$2,086$1,528$1,105$790$153
28 years$2,675$1,966$1,421$1,012$713$128
29 years$2,555$1,854$1,322$928$644$107
30 years$2,443$1,751$1,231$852$582$90
31 years$2,338$1,655$1,148$782$526$75
32 years$2,241$1,566$1,071$719$476$63
33 years$2,149$1,483$1,000$661$431$53
34 years$2,063$1,406$934$608$390$44
35 years$1,982$1,333$874$560$353$37
36 years$1,906$1,266$817$516$320$31
37 years$1,834$1,202$765$475$290$26
38 years$1,766$1,142$716$438$263$22
39 years$1,702$1,086$671$404$238$18
40 years$1,641$1,034$629$373$216$15
41 years$1,583$984$590$344$196$13
42 years$1,528$937$553$317$178$11
43 years$1,476$893$519$293$162$9
44 years$1,426$851$487$270$147$8
45 years$1,378$811$458$250$133$6
46 years$1,333$774$430$231$121$5
47 years$1,290$739$404$213$110$4
48 years$1,249$705$379$197$100$4
49 years$1,209$673$357$182$91$3
50 years$1,172$643$335$168$82$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,200,000, adding $3,123 every year, while hoping to spend $31,740 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: 56/22/22 Blend
51$1,200,000$1,200,000$1,200,000$1,200,000
52$1,325,621$1,262,021$1,243,421$1,391,791
53$1,427,064$1,290,089$1,251,305$1,465,447
54$1,537,789$1,318,469$1,258,389$1,542,019
55$1,658,712$1,347,142$1,264,613$1,624,757
56$1,790,836$1,376,087$1,269,913$1,714,264
57$1,935,270$1,405,284$1,274,223$1,811,203
58$2,093,231$1,434,707$1,277,474$1,916,304
59$2,266,063$1,464,330$1,279,591$2,030,373
60$2,455,242$1,494,122$1,280,498$2,154,298
61$2,662,395$1,524,053$1,280,114$2,289,056
62$2,889,315$1,554,087$1,278,353$2,435,726
63$3,137,974$1,584,187$1,275,127$2,595,497
64$3,410,546$1,614,310$1,270,342$2,769,680
65$3,709,424$1,644,414$1,263,901$2,959,719
66$4,037,244$1,674,449$1,255,700$3,167,206
67$4,396,910$1,704,364$1,245,633$3,393,898
68$4,791,619$1,734,102$1,233,586$3,641,728
69$5,224,895$1,763,604$1,219,442$3,912,831
70$5,700,618$1,792,804$1,203,077$4,209,559
71$6,223,062$1,821,632$1,184,361$4,534,503
72$6,796,936$1,850,014$1,163,159$4,890,521
73$7,427,428$1,877,869$1,139,329$5,280,765
74$8,120,252$1,905,111$1,112,723$5,708,706
75$8,881,703$1,931,647$1,083,185$6,178,175
76$9,718,718$1,957,379$1,050,553$6,693,391
77$10,638,938$1,982,201$1,014,657$7,259,007
78$11,650,780$2,005,999$975,318$7,880,152
79$12,763,521$2,028,654$932,353$8,562,479
80$13,987,378$2,050,037$885,565$9,312,222
81$15,333,612$2,070,010$834,752$10,136,251
82$16,814,626$2,088,426$779,702$11,042,138
83$18,444,088$2,105,129$720,193$12,038,233
84$20,237,059$2,119,954$655,993$13,133,738
85$22,210,130$2,132,723$586,859$14,338,797
86$24,381,584$2,143,247$512,540$15,664,592
87$26,771,567$2,151,327$432,771$17,123,448
88$29,402,274$2,156,750$347,276$18,728,953
89$32,298,163$2,159,288$255,768$20,496,080
90$35,486,184$2,158,701$157,944$22,441,339
91$38,996,032$2,154,735$53,493$24,582,924
92$42,860,428$2,147,117$0$26,940,891
93$47,115,426$2,135,560$0$29,550,956
94$51,800,756$2,119,759$0$32,438,161
95$56,960,195$2,099,390$0$35,616,876
96$62,641,984$2,074,109$0$39,116,792
97$68,899,278$2,043,552$0$42,970,628
98$75,790,653$2,007,335$0$47,214,441
99$83,380,653$1,965,047$0$51,887,970
100$91,740,402$1,916,257$0$57,035,004