Can I retire at age 52 with 1,220,000?

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 $1,220,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$100,746$99,849$98,974$98,119$97,285$95,398
2 years$49,874$48,946$48,045$47,173$46,326$44,433
3 years$32,919$31,987$31,089$30,224$29,391$27,551
4 years$24,443$23,513$22,625$21,775$20,962$19,189
5 years$19,359$18,435$17,558$16,725$15,935$14,233
6 years$15,971$15,053$14,189$13,375$12,609$10,981
7 years$13,552$12,642$11,791$10,996$10,254$8,700
8 years$11,738$10,836$10,000$9,225$8,507$7,027
9 years$10,328$9,435$8,613$7,857$7,164$5,756
10 years$9,201$8,317$7,509$6,773$6,104$4,768
11 years$8,279$7,404$6,611$5,895$5,250$3,983
12 years$7,512$6,645$5,867$5,170$4,549$3,351
13 years$6,863$6,005$5,242$4,565$3,967$2,835
14 years$6,307$5,459$4,710$4,052$3,478$2,409
15 years$5,826$4,987$4,252$3,614$3,062$2,055
16 years$5,405$4,575$3,855$3,236$2,706$1,759
17 years$5,034$4,213$3,508$2,907$2,399$1,509
18 years$4,705$3,893$3,202$2,620$2,133$1,298
19 years$4,411$3,608$2,932$2,367$1,902$1,118
20 years$4,146$3,353$2,691$2,144$1,699$965
21 years$3,907$3,123$2,475$1,946$1,520$834
22 years$3,690$2,915$2,281$1,769$1,362$722
23 years$3,493$2,727$2,106$1,611$1,223$625
24 years$3,312$2,555$1,948$1,470$1,099$542
25 years$3,145$2,398$1,804$1,342$989$470
26 years$2,992$2,253$1,673$1,227$891$408
27 years$2,850$2,121$1,554$1,123$803$354
28 years$2,719$1,998$1,444$1,029$725$308
29 years$2,597$1,885$1,344$944$655$268
30 years$2,483$1,780$1,252$866$591$233
31 years$2,377$1,683$1,167$795$535$203
32 years$2,278$1,592$1,089$731$484$176
33 years$2,185$1,508$1,017$672$438$153
34 years$2,097$1,429$950$619$396$134
35 years$2,015$1,356$888$569$359$116
36 years$1,938$1,287$831$524$325$101
37 years$1,864$1,222$778$483$295$88
38 years$1,795$1,161$728$445$267$77
39 years$1,730$1,104$682$411$242$67
40 years$1,668$1,051$640$379$220$58
41 years$1,609$1,000$600$349$199$51
42 years$1,553$953$563$323$181$44
43 years$1,500$908$528$298$164$39
44 years$1,450$865$495$275$149$34
45 years$1,401$825$465$254$135$29
46 years$1,355$787$437$234$123$26
47 years$1,312$751$411$217$112$22
48 years$1,270$717$386$200$101$19
49 years$1,230$685$363$185$92$17
50 years$1,191$654$341$171$84$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,220,000, adding $5,408 every year, while hoping to spend $45,518 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: 80/10/10 Blend
51$1,220,000$1,220,000$1,220,000$1,220,000
52$1,350,018$1,285,358$1,266,448$1,455,396
53$1,439,289$1,299,910$1,260,444$1,539,856
54$1,536,141$1,313,649$1,252,712$1,626,020
55$1,641,297$1,326,488$1,243,148$1,719,225
56$1,755,556$1,338,333$1,231,640$1,820,155
57$1,879,795$1,349,084$1,218,073$1,929,560
58$2,014,980$1,358,634$1,202,323$2,048,268
59$2,162,172$1,366,871$1,184,265$2,177,191
60$2,322,539$1,373,674$1,163,765$2,317,331
61$2,497,369$1,378,915$1,140,682$2,469,795
62$2,688,077$1,382,458$1,114,870$2,635,803
63$2,896,220$1,384,157$1,086,177$2,816,695
64$3,123,513$1,383,860$1,054,443$3,013,953
65$3,371,844$1,381,401$1,019,499$3,229,205
66$3,643,291$1,376,610$981,172$3,464,248
67$3,940,143$1,369,300$939,278$3,721,062
68$4,264,919$1,359,277$893,625$4,001,826
69$4,620,393$1,346,333$844,013$4,308,945
70$5,009,619$1,330,250$790,234$4,645,067
71$5,435,962$1,310,793$732,068$5,013,110
72$5,903,125$1,287,718$669,288$5,416,292
73$6,415,189$1,260,761$601,654$5,858,157
74$6,976,647$1,229,647$528,918$6,342,612
75$7,592,448$1,194,082$450,820$6,873,963
76$8,268,042$1,153,757$367,086$7,456,954
77$9,009,433$1,108,342$277,435$8,096,814
78$9,823,235$1,057,490$181,568$8,799,308
79$10,716,732$1,000,834$79,178$9,570,787
80$11,697,948$937,985$0$10,418,253
81$12,775,725$868,532$0$11,352,630
82$13,959,799$792,040$0$12,388,436
83$15,260,898$708,050$0$13,526,624
84$16,690,841$616,076$0$14,777,562
85$18,262,649$515,605$0$16,152,674
86$19,990,665$406,096$0$17,664,550
87$21,890,693$286,975$0$19,327,062
88$23,980,146$157,638$0$21,155,497
89$26,278,205$17,447$0$23,166,699
90$28,806,007$0$0$25,379,231
91$31,586,839$0$0$27,828,323
92$34,646,357$0$0$30,525,008
93$38,012,834$0$0$33,492,288
94$41,717,416$0$0$36,757,623
95$45,794,424$0$0$40,351,269
96$50,281,675$0$0$44,306,565
97$55,220,837$0$0$48,660,245
98$60,657,822$0$0$53,452,784
99$66,643,219$0$0$58,728,781
100$73,232,774$0$0$64,537,380