Can I retire at age 52 with 1,210,000?

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 $1,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$99,921$99,031$98,162$97,315$96,487$93,737
2 years$49,466$48,544$47,652$46,786$45,946$43,197
3 years$32,650$31,724$30,834$29,976$29,150$26,488
4 years$24,243$23,321$22,439$21,596$20,790$18,235
5 years$19,201$18,284$17,414$16,588$15,804$13,363
6 years$15,840$14,930$14,073$13,265$12,505$10,181
7 years$13,441$12,538$11,695$10,906$10,170$7,963
8 years$11,642$10,748$9,918$9,149$8,437$6,345
9 years$10,243$9,358$8,542$7,793$7,105$5,127
10 years$9,125$8,248$7,447$6,718$6,054$4,186
11 years$8,211$7,343$6,557$5,846$5,207$3,446
12 years$7,450$6,591$5,819$5,128$4,512$2,856
13 years$6,806$5,956$5,199$4,527$3,935$2,379
14 years$6,255$5,414$4,671$4,019$3,449$1,990
15 years$5,778$4,946$4,217$3,584$3,037$1,671
16 years$5,361$4,538$3,824$3,209$2,684$1,406
17 years$4,993$4,179$3,479$2,883$2,380$1,187
18 years$4,667$3,862$3,176$2,599$2,116$1,004
19 years$4,375$3,579$2,908$2,348$1,886$850
20 years$4,112$3,326$2,668$2,127$1,685$721
21 years$3,875$3,098$2,455$1,930$1,508$612
22 years$3,660$2,892$2,262$1,755$1,351$520
23 years$3,464$2,704$2,089$1,598$1,213$443
24 years$3,285$2,534$1,932$1,458$1,090$377
25 years$3,120$2,378$1,789$1,331$981$321
26 years$2,968$2,235$1,659$1,217$884$273
27 years$2,827$2,103$1,541$1,114$797$233
28 years$2,697$1,982$1,432$1,021$719$199
29 years$2,576$1,870$1,333$936$649$170
30 years$2,463$1,766$1,242$859$587$145
31 years$2,358$1,669$1,158$789$530$124
32 years$2,259$1,579$1,080$725$480$106
33 years$2,167$1,496$1,008$667$434$90
34 years$2,080$1,418$942$613$393$77
35 years$1,999$1,345$881$565$356$66
36 years$1,922$1,276$824$520$323$56
37 years$1,849$1,212$771$479$292$48
38 years$1,781$1,152$722$442$265$41
39 years$1,716$1,095$677$407$240$35
40 years$1,654$1,042$634$376$218$30
41 years$1,596$992$595$347$198$26
42 years$1,541$945$558$320$179$22
43 years$1,488$900$524$295$163$19
44 years$1,438$858$491$273$148$16
45 years$1,390$818$461$252$134$14
46 years$1,344$781$433$233$122$12
47 years$1,301$745$407$215$111$10
48 years$1,259$711$383$199$100$9
49 years$1,219$679$360$183$91$7
50 years$1,181$649$338$170$83$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,210,000, adding $2,119 every year, while hoping to spend $21,064 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: 73/13/14 Blend
51$1,210,000$1,210,000$1,210,000$1,210,000
52$1,335,606$1,271,476$1,252,721$1,428,902
53$1,449,426$1,311,366$1,272,275$1,530,838
54$1,574,149$1,352,505$1,291,778$1,639,666
55$1,710,866$1,394,932$1,311,207$1,758,308
56$1,860,777$1,438,686$1,330,535$1,887,733
57$2,025,204$1,483,810$1,349,736$2,029,006
58$2,205,604$1,530,345$1,368,781$2,183,300
59$2,403,580$1,578,336$1,387,639$2,351,908
60$2,620,899$1,627,829$1,406,279$2,536,251
61$2,859,507$1,678,869$1,424,666$2,737,898
62$3,121,549$1,731,506$1,442,764$2,958,574
63$3,409,386$1,785,788$1,460,536$3,200,181
64$3,725,619$1,841,768$1,477,940$3,464,813
65$4,073,116$1,899,497$1,494,934$3,754,776
66$4,455,032$1,959,032$1,511,473$4,072,612
67$4,874,848$2,020,426$1,527,509$4,421,119
68$5,336,394$2,083,740$1,542,993$4,803,383
69$5,843,895$2,149,031$1,557,871$5,222,800
70$6,402,001$2,216,362$1,572,089$5,683,112
71$7,015,837$2,285,796$1,585,586$6,188,443
72$7,691,051$2,357,399$1,598,302$6,743,335
73$8,433,865$2,431,238$1,610,171$7,352,794
74$9,251,132$2,507,382$1,621,126$8,022,335
75$10,150,407$2,585,903$1,631,093$8,758,031
76$11,140,011$2,666,875$1,639,997$9,566,578
77$12,229,114$2,750,373$1,647,758$10,455,351
78$13,427,820$2,836,478$1,654,294$11,432,476
79$14,747,260$2,925,268$1,659,516$12,506,908
80$16,199,702$3,016,827$1,663,331$13,688,513
81$17,798,663$3,111,243$1,665,643$14,988,162
82$19,559,034$3,208,602$1,666,351$16,417,833
83$21,497,229$3,308,996$1,665,346$17,990,727
84$23,631,329$3,412,519$1,662,518$19,721,387
85$25,981,260$3,519,269$1,657,749$21,625,838
86$28,568,981$3,629,345$1,650,915$23,721,741
87$31,418,684$3,742,850$1,641,888$26,028,553
88$34,557,030$3,859,890$1,630,531$28,567,718
89$38,013,398$3,980,575$1,616,705$31,362,864
90$41,820,158$4,105,018$1,600,258$34,440,025
91$46,012,984$4,233,333$1,581,037$37,827,894
92$50,631,185$4,365,643$1,558,878$41,558,084
93$55,718,075$4,502,069$1,533,609$45,665,435
94$61,321,387$4,642,739$1,505,054$50,188,335
95$67,493,719$4,787,783$1,473,024$55,169,090
96$74,293,032$4,937,338$1,437,324$60,654,317
97$81,783,196$5,091,542$1,397,749$66,695,386
98$90,034,593$5,250,539$1,354,084$73,348,906
99$99,124,783$5,414,476$1,306,107$80,677,258
100$109,139,231$5,583,506$1,253,582$88,749,183