Can I retire at age 52 with 1,420,000?

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 $1,420,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$117,262$116,218$115,199$114,204$113,233$112,190
2 years$58,051$56,969$55,922$54,906$53,920$52,870
3 years$38,316$37,230$36,185$35,179$34,209$33,184
4 years$28,451$27,368$26,333$25,344$24,398$23,405
5 years$22,533$21,457$20,436$19,467$18,547$17,590
6 years$18,589$17,521$16,515$15,568$14,676$13,755
7 years$15,773$14,714$13,724$12,799$11,935$11,052
8 years$13,662$12,613$11,639$10,737$9,902$9,055
9 years$12,021$10,982$10,025$9,145$8,339$7,529
10 years$10,709$9,680$8,740$7,883$7,105$6,332
11 years$9,636$8,617$7,694$6,861$6,110$5,373
12 years$8,743$7,735$6,829$6,018$5,295$4,593
13 years$7,988$6,990$6,101$5,313$4,617$3,949
14 years$7,341$6,354$5,482$4,716$4,048$3,413
15 years$6,781$5,804$4,949$4,206$3,564$2,961
16 years$6,291$5,325$4,487$3,766$3,150$2,579
17 years$5,860$4,904$4,083$3,384$2,793$2,252
18 years$5,476$4,532$3,727$3,049$2,483$1,972
19 years$5,134$4,200$3,412$2,755$2,213$1,730
20 years$4,826$3,903$3,132$2,496$1,977$1,521
21 years$4,548$3,635$2,880$2,265$1,769$1,340
22 years$4,295$3,393$2,655$2,059$1,586$1,181
23 years$4,065$3,174$2,451$1,875$1,424$1,043
24 years$3,855$2,974$2,267$1,711$1,280$922
25 years$3,661$2,791$2,100$1,562$1,151$816
26 years$3,483$2,623$1,947$1,428$1,037$723
27 years$3,318$2,468$1,808$1,307$935$640
28 years$3,165$2,326$1,681$1,198$844$568
29 years$3,023$2,194$1,564$1,098$762$504
30 years$2,891$2,072$1,457$1,008$688$447
31 years$2,767$1,959$1,358$926$622$397
32 years$2,651$1,854$1,267$851$563$353
33 years$2,543$1,755$1,183$782$509$314
34 years$2,441$1,664$1,106$720$461$279
35 years$2,346$1,578$1,034$663$418$248
36 years$2,255$1,498$967$610$379$221
37 years$2,170$1,422$905$562$343$196
38 years$2,090$1,352$848$518$311$175
39 years$2,014$1,285$794$478$282$155
40 years$1,941$1,223$744$441$256$138
41 years$1,873$1,164$698$407$232$123
42 years$1,808$1,109$655$375$211$110
43 years$1,746$1,056$614$347$191$98
44 years$1,687$1,007$577$320$173$87
45 years$1,631$960$541$295$158$77
46 years$1,578$916$509$273$143$69
47 years$1,527$874$478$252$130$61
48 years$1,478$835$449$233$118$55
49 years$1,431$797$422$215$107$49
50 years$1,386$761$397$199$97$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,420,000, adding $4,767 every year, while hoping to spend $23,431 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: 38/40/22 Blend
51$1,420,000$1,420,000$1,420,000$1,420,000
52$1,569,757$1,494,497$1,472,487$1,618,919
53$1,704,942$1,542,797$1,496,885$1,703,305
54$1,853,130$1,592,678$1,521,315$1,791,896
55$2,015,624$1,644,194$1,545,753$1,887,168
56$2,193,856$1,697,398$1,570,175$1,989,737
57$2,389,406$1,752,347$1,594,552$2,100,281
58$2,604,014$1,809,100$1,618,858$2,219,548
59$2,839,594$1,867,717$1,643,060$2,348,359
60$3,098,257$1,928,260$1,667,127$2,487,615
61$3,382,328$1,990,794$1,691,025$2,638,309
62$3,694,369$2,055,385$1,714,717$2,801,535
63$4,037,199$2,122,104$1,738,165$2,978,493
64$4,413,926$2,191,020$1,761,327$3,170,506
65$4,827,976$2,262,209$1,784,160$3,379,028
66$5,283,119$2,335,747$1,806,620$3,605,662
67$5,783,512$2,411,713$1,828,656$3,852,169
68$6,333,732$2,490,189$1,850,218$4,120,490
69$6,938,824$2,571,260$1,871,252$4,412,761
70$7,604,346$2,655,014$1,891,700$4,731,332
71$8,336,421$2,741,540$1,911,503$5,078,792
72$9,141,794$2,830,935$1,930,598$5,457,992
73$10,027,901$2,923,294$1,948,916$5,872,070
74$11,002,929$3,018,718$1,966,387$6,324,481
75$12,075,905$3,117,312$1,982,938$6,819,033
76$13,256,770$3,219,183$1,998,489$7,359,915
77$14,556,481$3,324,443$2,012,959$7,951,744
78$15,987,109$3,433,208$2,026,260$8,599,605
79$17,561,956$3,545,598$2,038,302$9,309,097
80$19,295,679$3,661,735$2,048,989$10,086,387
81$21,204,427$3,781,749$2,058,219$10,938,270
82$23,305,996$3,905,772$2,065,886$11,872,230
83$25,619,995$4,033,942$2,071,881$12,896,510
84$28,168,030$4,166,401$2,076,084$14,020,191
85$30,973,911$4,303,296$2,078,375$15,253,279
86$34,063,873$4,444,781$2,078,624$16,606,795
87$37,466,826$4,591,013$2,076,696$18,092,879
88$41,214,626$4,742,157$2,072,449$19,724,910
89$45,342,377$4,898,381$2,065,734$21,517,625
90$49,888,759$5,059,862$2,056,396$23,487,260
91$54,896,398$5,226,781$2,044,271$25,651,704
92$60,412,265$5,399,327$2,029,189$28,030,667
93$66,488,118$5,577,696$2,010,968$30,645,865
94$73,180,992$5,762,089$1,989,422$33,521,224
95$80,553,739$5,952,717$1,964,353$36,683,108
96$88,675,617$6,149,797$1,935,556$40,160,562
97$97,622,947$6,353,554$1,902,814$43,985,594
98$107,479,831$6,564,221$1,865,901$48,193,467
99$118,338,945$6,782,040$1,824,581$52,823,040
100$130,302,419$7,007,262$1,778,606$57,917,129