Can I retire at age 52 with 1,320,000?

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 $1,320,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$109,004$108,033$107,086$106,161$105,259$103,729
2 years$53,963$52,958$51,984$51,039$50,123$48,585
3 years$35,618$34,608$33,637$32,701$31,800$30,301
4 years$26,447$25,441$24,479$23,559$22,680$21,233
5 years$20,946$19,946$18,997$18,096$17,241$15,849
6 years$17,280$16,287$15,352$14,471$13,642$12,307
7 years$14,662$13,678$12,758$11,898$11,095$9,817
8 years$12,700$11,725$10,820$9,981$9,204$7,984
9 years$11,175$10,208$9,319$8,501$7,751$6,587
10 years$9,955$8,998$8,124$7,328$6,604$5,496
11 years$8,958$8,011$7,153$6,378$5,680$4,627
12 years$8,127$7,190$6,348$5,594$4,922$3,922
13 years$7,425$6,498$5,671$4,939$4,292$3,344
14 years$6,824$5,906$5,096$4,384$3,763$2,865
15 years$6,303$5,395$4,601$3,910$3,313$2,464
16 years$5,848$4,950$4,171$3,501$2,928$2,127
17 years$5,447$4,559$3,796$3,146$2,596$1,840
18 years$5,091$4,213$3,465$2,835$2,308$1,597
19 years$4,772$3,904$3,172$2,561$2,057$1,388
20 years$4,486$3,628$2,911$2,320$1,838$1,209
21 years$4,228$3,379$2,678$2,105$1,645$1,054
22 years$3,993$3,154$2,468$1,914$1,474$920
23 years$3,779$2,950$2,279$1,743$1,323$805
24 years$3,583$2,764$2,107$1,590$1,189$704
25 years$3,403$2,594$1,952$1,452$1,070$617
26 years$3,237$2,438$1,810$1,328$964$540
27 years$3,084$2,294$1,681$1,215$869$474
28 years$2,942$2,162$1,563$1,114$784$416
29 years$2,810$2,040$1,454$1,021$708$365
30 years$2,687$1,926$1,355$937$640$321
31 years$2,572$1,821$1,263$861$579$282
32 years$2,465$1,723$1,178$791$523$248
33 years$2,364$1,632$1,100$727$474$218
34 years$2,269$1,546$1,028$669$429$192
35 years$2,180$1,467$961$616$388$168
36 years$2,096$1,392$899$567$352$148
37 years$2,017$1,322$841$523$319$130
38 years$1,943$1,257$788$482$289$115
39 years$1,872$1,195$738$444$262$101
40 years$1,805$1,137$692$410$238$89
41 years$1,741$1,082$649$378$216$78
42 years$1,681$1,031$609$349$196$69
43 years$1,623$982$571$322$178$61
44 years$1,568$936$536$297$161$53
45 years$1,516$893$503$275$146$47
46 years$1,466$852$473$254$133$41
47 years$1,419$813$444$234$121$37
48 years$1,374$776$417$217$110$32
49 years$1,330$741$392$200$100$28
50 years$1,289$708$369$185$90$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,320,000, adding $5,969 every year, while hoping to spend $31,141 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: 41/35/24 Blend
51$1,320,000$1,320,000$1,320,000$1,320,000
52$1,460,797$1,390,837$1,370,377$1,510,159
53$1,576,665$1,425,854$1,383,151$1,581,168
54$1,703,307$1,461,544$1,395,309$1,654,576
55$1,841,790$1,497,905$1,406,798$1,733,418
56$1,993,288$1,534,938$1,417,561$1,818,208
57$2,159,093$1,572,640$1,427,539$1,909,517
58$2,340,629$1,611,008$1,436,670$2,007,969
59$2,539,463$1,650,036$1,444,888$2,114,255
60$2,757,321$1,689,721$1,452,124$2,229,137
61$2,996,103$1,730,053$1,458,306$2,353,452
62$3,257,903$1,771,023$1,463,357$2,488,123
63$3,545,028$1,812,621$1,467,198$2,634,170
64$3,860,016$1,854,835$1,469,744$2,792,713
65$4,205,664$1,897,649$1,470,907$2,964,990
66$4,585,054$1,941,046$1,470,595$3,152,364
67$5,001,581$1,985,008$1,468,711$3,356,336
68$5,458,981$2,029,513$1,465,152$3,578,564
69$5,961,375$2,074,536$1,459,812$3,820,873
70$6,513,298$2,120,052$1,452,579$4,085,275
71$7,119,749$2,166,029$1,443,335$4,373,988
72$7,786,235$2,212,436$1,431,958$4,689,458
73$8,518,820$2,259,234$1,418,318$5,034,379
74$9,324,188$2,306,385$1,402,280$5,411,724
75$10,209,702$2,353,845$1,383,703$5,824,768
76$11,183,474$2,401,565$1,362,439$6,277,122
77$12,254,440$2,449,494$1,338,333$6,772,767
78$13,432,448$2,497,574$1,311,222$7,316,089
79$14,728,346$2,545,744$1,280,936$7,911,927
80$16,154,088$2,593,936$1,247,298$8,565,613
81$17,722,844$2,642,078$1,210,122$9,283,025
82$19,449,127$2,690,092$1,169,214$10,070,642
83$21,348,925$2,737,894$1,124,369$10,935,607
84$23,439,855$2,785,391$1,075,376$11,885,795
85$25,741,331$2,832,485$1,022,011$12,929,885
86$28,274,741$2,879,072$964,044$14,077,445
87$31,063,655$2,925,037$901,229$15,339,022
88$34,134,042$2,970,258$833,315$16,726,243
89$37,514,519$3,014,604$760,035$18,251,922
90$41,236,616$3,057,936$681,112$19,930,187
91$45,335,079$3,100,104$596,258$21,776,609
92$49,848,194$3,140,945$505,169$23,808,353
93$54,818,148$3,180,290$407,530$26,044,339
94$60,291,428$3,217,953$303,012$28,505,422
95$66,319,261$3,253,740$191,270$31,214,590
96$72,958,093$3,287,440$71,945$34,197,180
97$80,270,125$3,318,832$0$37,481,121
98$88,323,899$3,347,676$0$41,111,385
99$97,194,944$3,373,720$0$45,128,300
100$106,966,489$3,396,692$0$49,550,927