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%13.2%
1 years$101,572$100,667$99,785$98,923$98,082$96,776
2 years$50,283$49,347$48,439$47,559$46,706$45,392
3 years$33,189$32,249$31,343$30,472$29,632$28,352
4 years$24,644$23,706$22,810$21,953$21,134$19,896
5 years$19,518$18,586$17,701$16,862$16,066$14,875
6 years$16,102$15,177$14,305$13,485$12,712$11,569
7 years$13,663$12,745$11,888$11,087$10,338$9,244
8 years$11,834$10,925$10,082$9,300$8,577$7,531
9 years$10,413$9,512$8,683$7,922$7,223$6,225
10 years$9,276$8,385$7,570$6,829$6,154$5,203
11 years$8,347$7,464$6,665$5,943$5,293$4,388
12 years$7,573$6,700$5,915$5,213$4,587$3,727
13 years$6,919$6,055$5,285$4,602$4,000$3,184
14 years$6,359$5,503$4,748$4,085$3,506$2,733
15 years$5,873$5,027$4,287$3,643$3,087$2,356
16 years$5,449$4,613$3,887$3,262$2,728$2,037
17 years$5,076$4,248$3,537$2,931$2,419$1,767
18 years$4,744$3,925$3,229$2,641$2,151$1,536
19 years$4,447$3,638$2,956$2,387$1,917$1,338
20 years$4,180$3,381$2,713$2,162$1,712$1,168
21 years$3,939$3,149$2,495$1,962$1,532$1,021
22 years$3,721$2,939$2,300$1,784$1,374$893
23 years$3,521$2,749$2,123$1,625$1,233$783
24 years$3,339$2,576$1,964$1,482$1,108$687
25 years$3,171$2,417$1,819$1,353$997$603
26 years$3,017$2,272$1,687$1,237$898$530
27 years$2,874$2,138$1,566$1,132$810$466
28 years$2,741$2,015$1,456$1,038$731$410
29 years$2,618$1,901$1,355$951$660$360
30 years$2,504$1,795$1,262$873$596$317
31 years$2,397$1,697$1,177$802$539$280
32 years$2,297$1,606$1,098$737$488$246
33 years$2,203$1,520$1,025$678$441$217
34 years$2,115$1,441$958$624$400$191
35 years$2,032$1,367$895$574$362$169
36 years$1,954$1,297$838$529$328$149
37 years$1,880$1,232$784$487$297$131
38 years$1,810$1,171$734$449$269$116
39 years$1,744$1,113$688$414$244$102
40 years$1,682$1,059$645$382$222$90
41 years$1,622$1,008$605$352$201$80
42 years$1,566$960$567$325$182$70
43 years$1,512$915$532$300$166$62
44 years$1,461$872$500$277$150$55
45 years$1,413$832$469$256$136$48
46 years$1,366$793$441$236$124$43
47 years$1,322$757$414$218$112$38
48 years$1,280$723$389$202$102$33
49 years$1,240$690$366$187$93$29
50 years$1,201$659$344$172$84$26

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 $4,597 every year, while hoping to spend $47,460 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: 38/36/26 Blend
51$1,230,000$1,230,000$1,230,000$1,230,000
52$1,360,202$1,295,012$1,275,947$1,401,197
53$1,448,445$1,307,970$1,268,194$1,444,557
54$1,544,099$1,319,973$1,258,591$1,486,669
55$1,647,869$1,330,923$1,247,025$1,531,258
56$1,760,530$1,340,718$1,233,379$1,578,578
57$1,882,938$1,349,246$1,217,531$1,628,913
58$2,016,030$1,356,392$1,199,351$1,682,577
59$2,160,840$1,362,030$1,178,704$1,739,920
60$2,318,505$1,366,029$1,155,450$1,801,330
61$2,490,275$1,368,247$1,129,440$1,867,238
62$2,677,527$1,368,535$1,100,520$1,938,122
63$2,881,776$1,366,734$1,068,529$2,014,514
64$3,104,690$1,362,677$1,033,297$2,097,003
65$3,348,103$1,356,183$994,648$2,186,243
66$3,614,037$1,347,063$952,395$2,282,958
67$3,904,715$1,335,115$906,347$2,387,952
68$4,222,587$1,320,127$856,301$2,502,115
69$4,570,349$1,301,871$802,045$2,626,436
70$4,950,970$1,280,109$743,359$2,762,007
71$5,367,719$1,254,584$680,012$2,910,039
72$5,824,197$1,225,030$611,763$3,071,875
73$6,324,368$1,191,159$538,360$3,248,998
74$6,872,600$1,152,672$459,541$3,443,054
75$7,473,699$1,109,247$375,030$3,655,861
76$8,132,964$1,060,548$284,541$3,889,434
77$8,856,228$1,006,216$187,774$4,145,999
78$9,649,916$945,873$84,418$4,428,021
79$10,521,106$879,120$0$4,738,226
80$11,477,596$805,533$0$5,086,807
81$12,527,972$724,666$0$5,495,375
82$13,681,696$636,045$0$5,944,270
83$14,949,189$539,172$0$6,437,667
84$16,341,934$433,519$0$6,980,173
85$17,872,579$318,529$0$7,576,873
86$19,555,058$193,613$0$8,233,381
87$21,404,723$58,149$0$8,955,889
88$23,438,488$0$0$9,751,232
89$25,674,987$0$0$10,662,015
90$28,134,752$0$0$11,689,242
91$30,840,401$0$0$12,819,347
92$33,816,857$0$0$14,062,764
93$37,091,580$0$0$15,430,987
94$40,694,825$0$0$16,936,686
95$44,659,927$0$0$18,593,815
96$49,023,619$0$0$20,417,753
97$53,826,371$0$0$22,425,445
98$59,112,778$0$0$24,635,562
99$64,931,975$0$0$27,068,676
100$71,338,106$0$0$29,747,457