Can I retire at age 52 with 1,230,000?

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 $1,230,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$101,572$100,667$99,785$98,923$98,082$96,299
2 years$50,283$49,347$48,439$47,559$46,706$44,915
3 years$33,189$32,249$31,343$30,472$29,632$27,891
4 years$24,644$23,706$22,810$21,953$21,134$19,455
5 years$19,518$18,586$17,701$16,862$16,066$14,453
6 years$16,102$15,177$14,305$13,485$12,712$11,169
7 years$13,663$12,745$11,888$11,087$10,338$8,864
8 years$11,834$10,925$10,082$9,300$8,577$7,171
9 years$10,413$9,512$8,683$7,922$7,223$5,886
10 years$9,276$8,385$7,570$6,829$6,154$4,884
11 years$8,347$7,464$6,665$5,943$5,293$4,088
12 years$7,573$6,700$5,915$5,213$4,587$3,445
13 years$6,919$6,055$5,285$4,602$4,000$2,920
14 years$6,359$5,503$4,748$4,085$3,506$2,487
15 years$5,873$5,027$4,287$3,643$3,087$2,126
16 years$5,449$4,613$3,887$3,262$2,728$1,823
17 years$5,076$4,248$3,537$2,931$2,419$1,568
18 years$4,744$3,925$3,229$2,641$2,151$1,351
19 years$4,447$3,638$2,956$2,387$1,917$1,167
20 years$4,180$3,381$2,713$2,162$1,712$1,009
21 years$3,939$3,149$2,495$1,962$1,532$874
22 years$3,721$2,939$2,300$1,784$1,374$758
23 years$3,521$2,749$2,123$1,625$1,233$658
24 years$3,339$2,576$1,964$1,482$1,108$572
25 years$3,171$2,417$1,819$1,353$997$497
26 years$3,017$2,272$1,687$1,237$898$433
27 years$2,874$2,138$1,566$1,132$810$377
28 years$2,741$2,015$1,456$1,038$731$328
29 years$2,618$1,901$1,355$951$660$286
30 years$2,504$1,795$1,262$873$596$249
31 years$2,397$1,697$1,177$802$539$218
32 years$2,297$1,606$1,098$737$488$190
33 years$2,203$1,520$1,025$678$441$166
34 years$2,115$1,441$958$624$400$145
35 years$2,032$1,367$895$574$362$126
36 years$1,954$1,297$838$529$328$110
37 years$1,880$1,232$784$487$297$96
38 years$1,810$1,171$734$449$269$84
39 years$1,744$1,113$688$414$244$73
40 years$1,682$1,059$645$382$222$64
41 years$1,622$1,008$605$352$201$56
42 years$1,566$960$567$325$182$49
43 years$1,512$915$532$300$166$43
44 years$1,461$872$500$277$150$37
45 years$1,413$832$469$256$136$33
46 years$1,366$793$441$236$124$29
47 years$1,322$757$414$218$112$25
48 years$1,280$723$389$202$102$22
49 years$1,240$690$366$187$93$19
50 years$1,201$659$344$172$84$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,230,000, adding $4,204 every year, while hoping to spend $47,025 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: 29/46/25 Blend
51$1,230,000$1,230,000$1,230,000$1,230,000
52$1,359,796$1,294,606$1,275,541$1,388,569
53$1,448,461$1,308,008$1,268,238$1,424,773
54$1,544,594$1,320,490$1,259,113$1,459,256
55$1,648,907$1,331,958$1,248,058$1,495,368
56$1,762,182$1,342,311$1,234,955$1,533,280
57$1,885,282$1,351,441$1,219,683$1,573,185
58$2,019,154$1,359,235$1,202,115$1,615,298
59$2,164,840$1,365,570$1,182,119$1,659,858
60$2,323,488$1,370,317$1,159,554$1,707,134
61$2,496,360$1,373,339$1,134,275$1,757,425
62$2,684,844$1,374,488$1,106,129$1,811,066
63$2,890,471$1,373,611$1,074,957$1,868,428
64$3,114,922$1,370,541$1,040,591$1,929,928
65$3,360,051$1,365,104$1,002,858$1,996,027
66$3,627,896$1,357,114$961,573$2,067,241
67$3,920,702$1,346,373$916,547$2,144,142
68$4,240,942$1,332,674$867,579$2,227,369
69$4,591,336$1,315,793$814,461$2,317,630
70$4,974,882$1,295,496$756,975$2,415,713
71$5,394,880$1,271,535$694,893$2,522,495
72$5,854,962$1,243,645$627,977$2,638,947
73$6,359,132$1,211,548$555,978$2,766,151
74$6,911,797$1,174,947$478,637$2,905,304
75$7,517,810$1,133,529$395,681$3,057,738
76$8,182,519$1,086,964$306,829$3,224,927
77$8,911,812$1,034,901$211,783$3,408,509
78$9,712,174$976,969$110,236$3,610,298
79$10,590,752$912,776$1,864$3,832,305
80$11,555,414$841,908$0$4,076,758
81$12,614,831$763,926$0$4,376,478
82$13,778,552$678,367$0$4,706,351
83$15,057,099$584,741$0$5,069,004
84$16,462,061$482,532$0$5,467,891
85$18,006,207$371,192$0$5,906,828
86$19,703,604$250,144$0$6,390,030
87$21,569,749$118,779$0$6,922,156
88$23,621,718$0$0$7,508,351
89$25,878,320$0$0$8,166,217
90$28,360,282$0$0$8,956,127
91$31,090,439$0$0$9,825,252
92$34,093,951$0$0$10,781,629
93$37,398,538$0$0$11,834,115
94$41,034,743$0$0$12,992,465
95$45,036,220$0$0$14,267,433
96$49,440,050$0$0$15,670,863
97$54,287,090$0$0$17,215,811
98$59,622,358$0$0$18,916,658
99$65,495,461$0$0$20,789,255
100$71,961,056$0$0$22,851,063