Can I retire at age 52 with 1,500,000?

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 $1,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$123,869$122,765$121,689$120,638$119,612$115,691
2 years$61,321$60,179$59,072$57,999$56,958$53,045
3 years$40,475$39,328$38,224$37,161$36,137$32,354
4 years$30,053$28,910$27,817$26,772$25,773$22,150
5 years$23,802$22,666$21,587$20,564$19,592$16,139
6 years$19,636$18,508$17,446$16,445$15,503$12,222
7 years$16,662$15,543$14,497$13,520$12,608$9,499
8 years$14,432$13,323$12,295$11,342$10,459$7,520
9 years$12,698$11,600$10,590$9,661$8,808$6,036
10 years$11,312$10,225$9,232$8,328$7,505$4,894
11 years$10,179$9,103$8,128$7,247$6,455$4,001
12 years$9,236$8,170$7,213$6,357$5,593$3,291
13 years$8,438$7,384$6,445$5,612$4,878$2,721
14 years$7,754$6,711$5,791$4,982$4,276$2,259
15 years$7,163$6,131$5,228$4,443$3,765$1,882
16 years$6,646$5,625$4,740$3,978$3,327$1,572
17 years$6,190$5,181$4,313$3,574$2,950$1,316
18 years$5,785$4,787$3,937$3,221$2,623$1,104
19 years$5,423$4,437$3,605$2,911$2,338$927
20 years$5,098$4,123$3,308$2,636$2,088$780
21 years$4,804$3,840$3,043$2,393$1,869$656
22 years$4,537$3,585$2,804$2,175$1,675$553
23 years$4,294$3,353$2,589$1,981$1,504$466
24 years$4,072$3,141$2,395$1,807$1,352$394
25 years$3,867$2,948$2,218$1,650$1,216$332
26 years$3,679$2,770$2,057$1,509$1,096$281
27 years$3,505$2,607$1,910$1,381$988$237
28 years$3,343$2,457$1,776$1,265$891$201
29 years$3,193$2,318$1,652$1,160$805$170
30 years$3,053$2,189$1,539$1,065$727$143
31 years$2,923$2,069$1,435$978$657$121
32 years$2,801$1,958$1,339$899$595$103
33 years$2,686$1,854$1,250$827$538$87
34 years$2,579$1,757$1,168$761$487$73
35 years$2,478$1,667$1,092$700$441$62
36 years$2,382$1,582$1,022$645$400$53
37 years$2,292$1,503$956$594$362$45
38 years$2,207$1,428$895$548$329$38
39 years$2,127$1,358$839$505$298$32
40 years$2,051$1,292$786$466$270$27
41 years$1,978$1,230$737$430$245$23
42 years$1,910$1,171$692$397$222$19
43 years$1,844$1,116$649$366$202$16
44 years$1,782$1,064$609$338$183$14
45 years$1,723$1,014$572$312$166$12
46 years$1,666$968$537$288$151$10
47 years$1,613$923$505$266$137$8
48 years$1,561$882$474$246$125$7
49 years$1,512$842$446$227$113$6
50 years$1,465$804$419$210$103$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,500,000, adding $6,524 every year, while hoping to spend $32,205 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: 56/17/27 Blend
51$1,500,000$1,500,000$1,500,000$1,500,000
52$1,659,730$1,580,230$1,556,980$1,740,021
53$1,794,756$1,623,395$1,574,872$1,839,093
54$1,942,476$1,667,596$1,592,285$1,943,075
55$2,104,150$1,712,850$1,609,168$2,055,712
56$2,281,166$1,759,172$1,625,468$2,177,847
57$2,475,053$1,806,580$1,641,130$2,310,411
58$2,687,495$1,855,089$1,656,094$2,454,431
59$2,920,346$1,904,714$1,670,299$2,611,035
60$3,175,647$1,955,471$1,683,680$2,781,468
61$3,455,647$2,007,374$1,696,168$2,967,103
62$3,762,825$2,060,436$1,707,691$3,169,449
63$4,099,907$2,114,672$1,718,173$3,390,173
64$4,469,900$2,170,094$1,727,535$3,631,108
65$4,876,115$2,226,713$1,735,692$3,894,277
66$5,322,197$2,284,540$1,742,556$4,181,908
67$5,812,164$2,343,585$1,748,034$4,496,455
68$6,350,441$2,403,858$1,752,030$4,840,624
69$6,941,904$2,465,365$1,754,441$5,217,397
70$7,591,924$2,528,113$1,755,160$5,630,060
71$8,306,416$2,592,107$1,754,074$6,082,233
72$9,091,901$2,657,350$1,751,066$6,577,907
73$9,955,559$2,723,845$1,746,011$7,121,480
74$10,905,303$2,791,590$1,738,779$7,717,799
75$11,949,851$2,860,585$1,729,236$8,372,205
76$13,098,808$2,930,825$1,717,236$9,090,586
77$14,362,755$3,002,305$1,702,633$9,879,429
78$15,753,353$3,075,014$1,685,267$10,745,884
79$17,283,447$3,148,943$1,664,977$11,697,833
80$18,967,194$3,224,076$1,641,589$12,743,959
81$20,820,190$3,300,398$1,614,924$13,893,835
82$22,859,619$3,377,887$1,584,793$15,158,010
83$25,104,416$3,456,519$1,551,000$16,548,110
84$27,575,446$3,536,268$1,513,338$18,076,948
85$30,295,698$3,617,102$1,471,591$19,758,646
86$33,290,503$3,698,984$1,425,534$21,608,767
87$36,587,775$3,781,875$1,374,930$23,644,464
88$40,218,271$3,865,729$1,319,532$25,884,642
89$44,215,881$3,950,496$1,259,083$28,350,133
90$48,617,950$4,036,120$1,193,312$31,063,900
91$53,465,631$4,122,540$1,121,938$34,051,249
92$58,804,267$4,209,686$1,044,664$37,340,067
93$64,683,826$4,297,484$961,184$40,961,093
94$71,159,368$4,385,853$871,176$44,948,199
95$78,291,566$4,474,702$774,302$49,338,721
96$86,147,277$4,563,934$670,213$54,173,800
97$94,800,175$4,653,442$558,541$59,498,782
98$104,331,443$4,743,111$438,902$65,363,639
99$114,830,543$4,832,816$310,898$71,823,446
100$126,396,056$4,922,422$174,111$78,938,900