Can I retire at age 52 with 1,340,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,340,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$110,656$109,670$108,709$107,770$106,853$103,849
2 years$54,780$53,760$52,771$51,813$50,883$47,879
3 years$36,157$35,133$34,146$33,197$32,282$29,373
4 years$26,848$25,826$24,850$23,916$23,024$20,231
5 years$21,263$20,248$19,285$18,370$17,502$14,834
6 years$17,542$16,534$15,585$14,691$13,849$11,308
7 years$14,885$13,885$12,951$12,078$11,263$8,849
8 years$12,893$11,902$10,983$10,132$9,344$7,055
9 years$11,344$10,363$9,460$8,630$7,869$5,704
10 years$10,106$9,135$8,248$7,439$6,705$4,660
11 years$9,093$8,132$7,261$6,474$5,766$3,839
12 years$8,250$7,299$6,444$5,679$4,997$3,184
13 years$7,538$6,596$5,757$5,014$4,357$2,654
14 years$6,927$5,996$5,173$4,451$3,820$2,222
15 years$6,399$5,477$4,670$3,969$3,363$1,866
16 years$5,937$5,025$4,234$3,554$2,972$1,572
17 years$5,529$4,628$3,853$3,193$2,635$1,328
18 years$5,168$4,276$3,517$2,878$2,343$1,124
19 years$4,845$3,963$3,220$2,600$2,089$952
20 years$4,554$3,683$2,955$2,355$1,866$808
21 years$4,292$3,430$2,718$2,137$1,670$687
22 years$4,053$3,202$2,505$1,943$1,496$584
23 years$3,836$2,995$2,313$1,770$1,343$497
24 years$3,637$2,806$2,139$1,614$1,207$424
25 years$3,455$2,633$1,981$1,474$1,086$361
26 years$3,286$2,475$1,838$1,348$979$308
27 years$3,131$2,329$1,706$1,234$882$263
28 years$2,987$2,195$1,586$1,130$796$224
29 years$2,853$2,071$1,476$1,037$719$192
30 years$2,728$1,955$1,375$951$650$164
31 years$2,611$1,849$1,282$874$587$140
32 years$2,502$1,749$1,196$803$531$119
33 years$2,400$1,656$1,117$738$481$102
34 years$2,304$1,570$1,043$679$435$87
35 years$2,213$1,489$976$625$394$75
36 years$2,128$1,413$913$576$357$64
37 years$2,048$1,342$854$531$324$55
38 years$1,972$1,276$800$489$294$47
39 years$1,900$1,213$749$451$266$40
40 years$1,832$1,154$702$416$241$34
41 years$1,767$1,099$659$384$219$29
42 years$1,706$1,046$618$354$199$25
43 years$1,648$997$580$327$180$21
44 years$1,592$950$544$302$164$18
45 years$1,539$906$511$279$149$16
46 years$1,489$864$480$258$135$13
47 years$1,441$825$451$238$123$11
48 years$1,394$788$424$220$111$10
49 years$1,350$752$398$203$101$8
50 years$1,308$718$374$188$92$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,340,000, adding $4,405 every year, while hoping to spend $32,594 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: 48/40/12 Blend
51$1,340,000$1,340,000$1,340,000$1,340,000
52$1,481,224$1,410,204$1,389,434$1,547,217
53$1,597,629$1,444,624$1,401,300$1,627,552
54$1,724,815$1,479,638$1,412,471$1,710,985
55$1,863,847$1,515,242$1,422,890$1,800,841
56$2,015,898$1,551,427$1,432,496$1,897,729
57$2,182,259$1,588,187$1,441,224$2,002,321
58$2,364,353$1,625,511$1,449,008$2,115,358
59$2,563,744$1,663,389$1,455,777$2,237,653
60$2,782,158$1,701,806$1,461,457$2,370,105
61$3,021,492$1,740,749$1,465,970$2,513,702
62$3,283,838$1,780,200$1,469,235$2,669,533
63$3,571,500$1,820,140$1,471,164$2,838,797
64$3,887,014$1,860,547$1,471,669$3,022,817
65$4,233,173$1,901,398$1,470,653$3,223,048
66$4,613,055$1,942,665$1,468,019$3,441,095
67$5,030,051$1,984,320$1,463,662$3,678,725
68$5,487,894$2,026,329$1,457,472$3,937,888
69$5,990,697$2,068,657$1,449,336$4,220,729
70$6,542,992$2,111,266$1,439,133$4,529,614
71$7,149,771$2,154,111$1,426,737$4,867,150
72$7,816,531$2,197,146$1,412,016$5,236,210
73$8,549,332$2,240,321$1,394,833$5,639,961
74$9,354,847$2,283,580$1,375,044$6,081,891
75$10,240,430$2,326,864$1,352,496$6,565,846
76$11,214,181$2,370,107$1,327,031$7,096,065
77$12,285,025$2,413,239$1,298,484$7,677,218
78$13,462,795$2,456,186$1,266,681$8,314,455
79$14,758,326$2,498,865$1,231,441$9,013,449
80$16,183,554$2,541,189$1,192,574$9,780,454
81$17,751,632$2,583,062$1,149,880$10,622,363
82$19,477,051$2,624,384$1,103,153$11,546,773
83$21,375,777$2,665,046$1,052,176$12,562,057
84$23,465,403$2,704,930$996,720$13,677,445
85$25,765,314$2,743,911$936,550$14,903,107
86$28,296,868$2,781,856$871,417$16,250,256
87$31,083,601$2,818,619$801,062$17,731,247
88$34,151,446$2,854,048$725,215$19,359,701
89$37,528,975$2,887,979$643,592$21,150,629
90$41,247,677$2,920,236$555,898$23,120,574
91$45,342,244$2,950,632$461,825$25,287,774
92$49,850,908$2,978,967$361,051$27,672,325
93$54,815,793$3,005,030$253,239$30,296,382
94$60,283,319$3,028,592$138,038$33,184,358
95$66,304,638$3,049,412$15,082$36,363,165
96$72,936,112$3,067,234$0$39,862,461
97$80,239,850$3,081,784$0$43,729,805
98$88,284,295$3,092,771$0$47,989,385
99$97,144,862$3,099,886$0$52,679,029
100$106,904,657$3,102,800$0$57,842,558