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%16.8%
1 years$100,746$99,849$98,974$98,119$97,285$94,588
2 years$49,874$48,946$48,045$47,173$46,326$43,629
3 years$32,919$31,987$31,089$30,224$29,391$26,778
4 years$24,443$23,513$22,625$21,775$20,962$18,454
5 years$19,359$18,435$17,558$16,725$15,935$13,538
6 years$15,971$15,053$14,189$13,375$12,609$10,326
7 years$13,552$12,642$11,791$10,996$10,254$8,085
8 years$11,738$10,836$10,000$9,225$8,507$6,450
9 years$10,328$9,435$8,613$7,857$7,164$5,218
10 years$9,201$8,317$7,509$6,773$6,104$4,266
11 years$8,279$7,404$6,611$5,895$5,250$3,516
12 years$7,512$6,645$5,867$5,170$4,549$2,918
13 years$6,863$6,005$5,242$4,565$3,967$2,434
14 years$6,307$5,459$4,710$4,052$3,478$2,039
15 years$5,826$4,987$4,252$3,614$3,062$1,714
16 years$5,405$4,575$3,855$3,236$2,706$1,445
17 years$5,034$4,213$3,508$2,907$2,399$1,221
18 years$4,705$3,893$3,202$2,620$2,133$1,034
19 years$4,411$3,608$2,932$2,367$1,902$877
20 years$4,146$3,353$2,691$2,144$1,699$745
21 years$3,907$3,123$2,475$1,946$1,520$634
22 years$3,690$2,915$2,281$1,769$1,362$539
23 years$3,493$2,727$2,106$1,611$1,223$460
24 years$3,312$2,555$1,948$1,470$1,099$392
25 years$3,145$2,398$1,804$1,342$989$334
26 years$2,992$2,253$1,673$1,227$891$285
27 years$2,850$2,121$1,554$1,123$803$244
28 years$2,719$1,998$1,444$1,029$725$208
29 years$2,597$1,885$1,344$944$655$178
30 years$2,483$1,780$1,252$866$591$152
31 years$2,377$1,683$1,167$795$535$130
32 years$2,278$1,592$1,089$731$484$111
33 years$2,185$1,508$1,017$672$438$95
34 years$2,097$1,429$950$619$396$81
35 years$2,015$1,356$888$569$359$70
36 years$1,938$1,287$831$524$325$60
37 years$1,864$1,222$778$483$295$51
38 years$1,795$1,161$728$445$267$44
39 years$1,730$1,104$682$411$242$37
40 years$1,668$1,051$640$379$220$32
41 years$1,609$1,000$600$349$199$27
42 years$1,553$953$563$323$181$23
43 years$1,500$908$528$298$164$20
44 years$1,450$865$495$275$149$17
45 years$1,401$825$465$254$135$15
46 years$1,355$787$437$234$123$13
47 years$1,312$751$411$217$112$11
48 years$1,270$717$386$200$101$9
49 years$1,230$685$363$185$92$8
50 years$1,191$654$341$171$84$7

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 $2,408 every year, while hoping to spend $48,059 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: 59/36/5 Blend
51$1,220,000$1,220,000$1,220,000$1,220,000
52$1,346,924$1,282,264$1,263,354$1,425,063
53$1,433,176$1,293,960$1,254,542$1,489,367
54$1,526,614$1,304,619$1,243,824$1,553,718
55$1,627,923$1,314,139$1,231,085$1,622,656
56$1,737,850$1,322,411$1,216,206$1,696,620
57$1,857,223$1,329,321$1,199,061$1,776,097
58$1,986,948$1,334,746$1,179,518$1,861,626
59$2,128,024$1,338,556$1,157,439$1,953,798
60$2,281,549$1,340,613$1,132,680$2,053,269
61$2,448,733$1,340,769$1,105,091$2,160,761
62$2,630,906$1,338,868$1,074,513$2,277,072
63$2,829,531$1,334,745$1,040,782$2,403,083
64$3,046,219$1,328,223$1,003,724$2,539,766
65$3,282,743$1,319,117$963,159$2,688,194
66$3,541,056$1,307,226$918,898$2,849,552
67$3,823,306$1,292,343$870,744$3,025,149
68$4,131,860$1,274,244$818,490$3,216,427
69$4,469,321$1,252,693$761,920$3,424,979
70$4,838,557$1,227,441$700,810$3,652,565
71$5,242,727$1,198,222$634,924$3,901,126
72$5,685,307$1,164,757$564,016$4,172,805
73$6,170,126$1,126,748$487,829$4,469,965
74$6,701,402$1,083,882$406,094$4,795,216
75$7,283,778$1,035,826$318,532$5,151,439
76$7,922,371$982,228$224,849$5,541,810
77$8,622,812$922,717$124,741$5,969,838
78$9,391,308$856,899$17,889$6,439,391
79$10,234,693$784,359$0$6,954,740
80$11,160,496$704,656$0$7,525,724
81$12,177,009$617,327$0$8,153,765
82$13,293,368$521,880$0$8,843,662
83$14,519,636$417,797$0$9,601,761
84$15,866,900$304,530$0$10,435,064
85$17,347,372$181,499$0$11,351,293
86$18,974,506$48,095$0$12,358,966
87$20,763,125$0$0$13,467,475
88$22,729,560$0$0$14,725,342
89$24,891,803$0$0$16,129,520
90$27,269,674$0$0$17,673,844
91$29,885,014$0$0$19,372,510
92$32,761,885$0$0$21,241,163
93$35,926,797$0$0$23,297,037
94$39,408,961$0$0$25,559,122
95$43,240,561$0$0$28,048,342
96$47,457,059$0$0$30,787,752
97$52,097,527$0$0$33,802,753
98$57,205,019$0$0$37,121,336
99$62,826,970$0$0$40,774,342
100$69,015,653$0$0$44,795,753