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

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 $1,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$99,921$99,031$98,162$97,315$96,487$94,850
2 years$49,466$48,544$47,652$46,786$45,946$44,302
3 years$32,650$31,724$30,834$29,976$29,150$27,549
4 years$24,243$23,321$22,439$21,596$20,790$19,246
5 years$19,201$18,284$17,414$16,588$15,804$14,321
6 years$15,840$14,930$14,073$13,265$12,505$11,084
7 years$13,441$12,538$11,695$10,906$10,170$8,812
8 years$11,642$10,748$9,918$9,149$8,437$7,142
9 years$10,243$9,358$8,542$7,793$7,105$5,872
10 years$9,125$8,248$7,447$6,718$6,054$4,881
11 years$8,211$7,343$6,557$5,846$5,207$4,093
12 years$7,450$6,591$5,819$5,128$4,512$3,457
13 years$6,806$5,956$5,199$4,527$3,935$2,936
14 years$6,255$5,414$4,671$4,019$3,449$2,505
15 years$5,778$4,946$4,217$3,584$3,037$2,146
16 years$5,361$4,538$3,824$3,209$2,684$1,844
17 years$4,993$4,179$3,479$2,883$2,380$1,589
18 years$4,667$3,862$3,176$2,599$2,116$1,373
19 years$4,375$3,579$2,908$2,348$1,886$1,188
20 years$4,112$3,326$2,668$2,127$1,685$1,030
21 years$3,875$3,098$2,455$1,930$1,508$894
22 years$3,660$2,892$2,262$1,755$1,351$777
23 years$3,464$2,704$2,089$1,598$1,213$676
24 years$3,285$2,534$1,932$1,458$1,090$589
25 years$3,120$2,378$1,789$1,331$981$513
26 years$2,968$2,235$1,659$1,217$884$448
27 years$2,827$2,103$1,541$1,114$797$391
28 years$2,697$1,982$1,432$1,021$719$341
29 years$2,576$1,870$1,333$936$649$298
30 years$2,463$1,766$1,242$859$587$261
31 years$2,358$1,669$1,158$789$530$228
32 years$2,259$1,579$1,080$725$480$199
33 years$2,167$1,496$1,008$667$434$174
34 years$2,080$1,418$942$613$393$153
35 years$1,999$1,345$881$565$356$134
36 years$1,922$1,276$824$520$323$117
37 years$1,849$1,212$771$479$292$102
38 years$1,781$1,152$722$442$265$90
39 years$1,716$1,095$677$407$240$78
40 years$1,654$1,042$634$376$218$69
41 years$1,596$992$595$347$198$60
42 years$1,541$945$558$320$179$53
43 years$1,488$900$524$295$163$46
44 years$1,438$858$491$273$148$40
45 years$1,390$818$461$252$134$35
46 years$1,344$781$433$233$122$31
47 years$1,301$745$407$215$111$27
48 years$1,259$711$383$199$100$24
49 years$1,219$679$360$183$91$21
50 years$1,181$649$338$170$83$18

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 $3,469 every year, while hoping to spend $34,438 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: 38/37/25 Blend
51$1,210,000$1,210,000$1,210,000$1,210,000
52$1,336,998$1,272,868$1,254,113$1,377,718
53$1,436,730$1,298,597$1,259,484$1,433,480
54$1,545,481$1,324,432$1,263,881$1,490,259
55$1,664,133$1,350,343$1,267,235$1,550,947
56$1,793,660$1,376,295$1,269,472$1,615,919
57$1,935,132$1,402,252$1,270,518$1,685,590
58$2,089,728$1,428,175$1,270,292$1,760,416
59$2,258,744$1,454,019$1,268,711$1,840,904
60$2,443,610$1,479,740$1,265,687$1,927,611
61$2,645,898$1,505,287$1,261,127$2,021,152
62$2,867,340$1,530,607$1,254,936$2,122,207
63$3,109,843$1,555,641$1,247,011$2,231,526
64$3,375,508$1,580,328$1,237,246$2,349,938
65$3,666,647$1,604,601$1,225,531$2,478,355
66$3,985,808$1,628,390$1,211,749$2,617,788
67$4,335,795$1,651,616$1,195,778$2,769,350
68$4,719,700$1,674,199$1,177,490$2,934,270
69$5,140,925$1,696,050$1,156,752$3,113,905
70$5,603,219$1,717,076$1,133,423$3,309,753
71$6,110,712$1,737,177$1,107,357$3,523,465
72$6,667,951$1,756,246$1,078,400$3,756,866
73$7,279,949$1,774,168$1,046,393$4,011,968
74$7,952,224$1,790,823$1,011,167$4,290,993
75$8,690,857$1,806,080$972,548$4,596,390
76$9,502,547$1,819,801$930,351$4,930,866
77$10,394,675$1,831,838$884,385$5,297,402
78$11,375,369$1,842,036$834,450$5,699,293
79$12,453,588$1,850,227$780,336$6,140,169
80$13,639,201$1,856,235$721,823$6,624,038
81$14,943,079$1,859,870$658,684$7,155,322
82$16,377,202$1,860,933$590,679$7,738,896
83$17,954,769$1,859,210$517,559$8,380,142
84$19,690,321$1,854,477$439,062$9,084,994
85$21,599,880$1,846,493$354,917$9,859,998
86$23,701,100$1,835,004$264,840$10,712,376
87$26,013,433$1,819,740$168,533$11,650,090
88$28,558,311$1,800,415$65,686$12,681,926
89$31,359,349$1,776,725$0$13,817,570
90$34,442,567$1,748,349$0$15,079,465
91$37,836,638$1,714,947$0$16,487,099
92$41,573,153$1,676,157$0$18,036,022
93$45,686,923$1,631,598$0$19,740,663
94$50,216,308$1,580,865$0$21,616,926
95$55,203,573$1,523,529$0$23,682,344
96$60,695,293$1,459,137$0$25,956,245
97$66,742,788$1,387,211$0$28,459,932
98$73,402,611$1,307,242$0$31,216,888
99$80,737,075$1,218,695$0$34,253,000
100$88,814,847$1,121,001$0$37,596,802