Can I retire at age 52 with 1,470,000?

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 $1,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$121,391$120,310$119,255$118,225$117,220$115,611
2 years$60,095$58,975$57,891$56,839$55,819$54,201
3 years$39,665$38,541$37,459$36,417$35,414$33,837
4 years$29,452$28,332$27,261$26,237$25,257$23,734
5 years$23,326$22,212$21,155$20,152$19,200$17,735
6 years$19,244$18,138$17,097$16,116$15,193$13,786
7 years$16,329$15,232$14,207$13,250$12,356$11,009
8 years$14,143$13,057$12,049$11,115$10,250$8,964
9 years$12,444$11,368$10,378$9,467$8,632$7,405
10 years$11,086$10,021$9,048$8,161$7,355$6,186
11 years$9,976$8,921$7,965$7,103$6,326$5,213
12 years$9,051$8,007$7,069$6,230$5,482$4,425
13 years$8,269$7,236$6,316$5,500$4,780$3,778
14 years$7,599$6,577$5,675$4,882$4,190$3,241
15 years$7,020$6,008$5,124$4,354$3,689$2,792
16 years$6,513$5,513$4,645$3,899$3,261$2,413
17 years$6,066$5,077$4,227$3,503$2,891$2,091
18 years$5,669$4,691$3,859$3,157$2,571$1,816
19 years$5,315$4,348$3,532$2,852$2,291$1,581
20 years$4,996$4,040$3,242$2,583$2,047$1,379
21 years$4,708$3,763$2,982$2,345$1,831$1,204
22 years$4,447$3,513$2,748$2,132$1,642$1,053
23 years$4,208$3,286$2,538$1,942$1,474$922
24 years$3,990$3,078$2,347$1,771$1,325$808
25 years$3,790$2,889$2,174$1,617$1,192$709
26 years$3,605$2,715$2,016$1,479$1,074$622
27 years$3,435$2,555$1,872$1,353$968$547
28 years$3,276$2,408$1,740$1,240$873$481
29 years$3,129$2,271$1,619$1,137$789$423
30 years$2,992$2,145$1,508$1,044$713$372
31 years$2,864$2,028$1,406$958$644$327
32 years$2,745$1,919$1,312$881$583$288
33 years$2,633$1,817$1,225$810$527$254
34 years$2,527$1,722$1,145$745$478$224
35 years$2,428$1,633$1,070$686$433$197
36 years$2,335$1,550$1,001$632$392$174
37 years$2,247$1,473$937$582$355$153
38 years$2,163$1,399$877$537$322$135
39 years$2,084$1,331$822$495$292$119
40 years$2,010$1,266$771$456$265$105
41 years$1,939$1,205$723$421$240$92
42 years$1,872$1,148$678$389$218$82
43 years$1,808$1,094$636$359$198$72
44 years$1,747$1,042$597$331$180$63
45 years$1,689$994$561$306$163$56
46 years$1,633$948$526$283$148$49
47 years$1,580$905$495$261$134$44
48 years$1,530$864$465$241$122$38
49 years$1,481$825$437$223$111$34
50 years$1,435$788$411$206$101$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,470,000, adding $6,981 every year, while hoping to spend $29,292 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: 43/48/9 Blend
51$1,470,000$1,470,000$1,470,000$1,470,000
52$1,627,141$1,549,231$1,526,446$1,692,581
53$1,761,943$1,593,977$1,546,415$1,783,547
54$1,909,513$1,639,933$1,566,072$1,878,512
55$2,071,122$1,687,129$1,585,375$1,980,723
56$2,248,171$1,735,593$1,604,279$2,090,854
57$2,442,202$1,785,354$1,622,740$2,209,646
58$2,654,912$1,836,442$1,640,707$2,337,914
59$2,888,172$1,888,887$1,658,130$2,476,556
60$3,144,043$1,942,719$1,674,954$2,626,556
61$3,424,792$1,997,970$1,691,122$2,789,001
62$3,732,919$2,054,669$1,706,573$2,965,085
63$4,071,178$2,112,849$1,721,244$3,156,123
64$4,442,600$2,172,540$1,735,068$3,363,562
65$4,850,527$2,233,776$1,747,974$3,588,993
66$5,298,638$2,296,588$1,759,888$3,834,170
67$5,790,986$2,361,008$1,770,732$4,101,023
68$6,332,039$2,427,070$1,780,424$4,391,678
69$6,926,716$2,494,805$1,788,877$4,708,474
70$7,580,437$2,564,247$1,796,001$5,053,988
71$8,299,175$2,635,428$1,801,700$5,431,057
72$9,089,508$2,708,381$1,805,874$5,842,807
73$9,958,685$2,783,139$1,808,418$6,292,678
74$10,914,693$2,859,735$1,809,222$6,784,463
75$11,966,330$2,938,201$1,808,170$7,322,336
76$13,123,293$3,018,570$1,805,140$7,910,896
77$14,396,262$3,100,873$1,800,006$8,555,210
78$15,797,007$3,185,142$1,792,633$9,260,858
79$17,338,497$3,271,409$1,782,881$10,033,989
80$19,035,019$3,359,704$1,770,603$10,881,374
81$20,902,319$3,450,057$1,755,646$11,810,476
82$22,957,744$3,542,499$1,737,849$12,829,514
83$25,220,409$3,637,056$1,717,041$13,947,547
84$27,711,376$3,733,757$1,693,048$15,174,551
85$30,453,855$3,832,630$1,665,683$16,521,522
86$33,473,417$3,933,698$1,634,753$18,000,571
87$36,798,243$4,036,987$1,600,055$19,625,046
88$40,459,383$4,142,518$1,561,376$21,409,652
89$44,491,053$4,250,314$1,518,494$23,370,592
90$48,930,955$4,360,394$1,471,178$25,525,721
91$53,820,633$4,472,774$1,419,184$27,894,711
92$59,205,869$4,587,471$1,362,258$30,499,241
93$65,137,108$4,704,497$1,300,133$33,363,196
94$71,669,938$4,823,863$1,232,534$36,512,898
95$78,865,616$4,945,577$1,159,168$39,977,349
96$86,791,642$5,069,643$1,079,733$43,788,511
97$95,522,397$5,196,063$993,911$47,981,601
98$105,139,846$5,324,835$901,372$52,595,427
99$115,734,311$5,455,952$801,768$57,672,755
100$127,405,323$5,589,406$694,740$63,260,710