Can I retire at age 52 with 1,520,000?

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 $1,520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$125,520$124,402$123,311$122,247$121,207$116,444
2 years$62,139$60,981$59,860$58,772$57,718$52,977
3 years$41,014$39,852$38,733$37,656$36,618$32,050
4 years$30,454$29,295$28,188$27,129$26,117$21,755
5 years$24,120$22,968$21,875$20,838$19,853$15,709
6 years$19,898$18,755$17,678$16,664$15,709$11,786
7 years$16,884$15,751$14,691$13,700$12,776$9,071
8 years$14,624$13,501$12,459$11,493$10,599$7,110
9 years$12,868$11,755$10,731$9,789$8,926$5,647
10 years$11,463$10,362$9,355$8,439$7,605$4,530
11 years$10,315$9,224$8,236$7,344$6,541$3,663
12 years$9,359$8,279$7,310$6,442$5,668$2,979
13 years$8,550$7,482$6,531$5,687$4,943$2,435
14 years$7,858$6,801$5,868$5,048$4,333$1,997
15 years$7,258$6,213$5,298$4,502$3,815$1,644
16 years$6,734$5,700$4,803$4,031$3,372$1,356
17 years$6,272$5,250$4,371$3,622$2,989$1,121
18 years$5,862$4,851$3,990$3,264$2,658$928
19 years$5,495$4,496$3,653$2,950$2,369$770
20 years$5,166$4,178$3,352$2,671$2,116$639
21 years$4,868$3,891$3,083$2,424$1,894$531
22 years$4,598$3,632$2,842$2,204$1,698$442
23 years$4,352$3,397$2,624$2,008$1,524$367
24 years$4,126$3,183$2,427$1,831$1,370$306
25 years$3,919$2,987$2,248$1,672$1,232$255
26 years$3,728$2,807$2,084$1,529$1,110$212
27 years$3,551$2,642$1,936$1,399$1,001$177
28 years$3,388$2,490$1,799$1,282$903$147
29 years$3,236$2,349$1,675$1,176$815$123
30 years$3,094$2,218$1,560$1,079$737$103
31 years$2,962$2,097$1,454$991$666$86
32 years$2,838$1,984$1,357$911$603$71
33 years$2,722$1,879$1,267$838$545$60
34 years$2,613$1,781$1,184$771$494$50
35 years$2,511$1,689$1,107$709$447$41
36 years$2,414$1,603$1,035$653$405$35
37 years$2,323$1,523$969$602$367$29
38 years$2,237$1,447$907$555$333$24
39 years$2,155$1,376$850$512$302$20
40 years$2,078$1,309$797$472$274$17
41 years$2,005$1,246$747$435$248$14
42 years$1,935$1,187$701$402$225$12
43 years$1,869$1,131$658$371$205$10
44 years$1,806$1,078$617$342$186$8
45 years$1,746$1,028$580$316$169$7
46 years$1,689$981$544$292$153$6
47 years$1,634$936$511$270$139$5
48 years$1,582$893$481$249$126$4
49 years$1,532$853$452$231$115$3
50 years$1,484$815$425$213$104$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,520,000, adding $3,486 every year, while hoping to spend $26,020 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: 71/10/19 Blend
51$1,520,000$1,520,000$1,520,000$1,520,000
52$1,678,636$1,598,076$1,574,516$1,789,915
53$1,822,172$1,648,696$1,599,577$1,915,070
54$1,979,476$1,700,925$1,624,606$2,048,614
55$2,151,926$1,754,814$1,649,573$2,194,173
56$2,341,038$1,810,415$1,674,449$2,352,933
57$2,548,482$1,867,784$1,699,202$2,526,200
58$2,776,098$1,926,976$1,723,796$2,715,413
59$3,025,913$1,988,051$1,748,196$2,922,156
60$3,300,158$2,051,068$1,772,363$3,148,175
61$3,601,293$2,116,089$1,796,255$3,395,392
62$3,932,025$2,183,178$1,819,831$3,665,925
63$4,295,340$2,252,402$1,843,044$3,962,106
64$4,694,524$2,323,829$1,865,844$4,286,504
65$5,133,198$2,397,529$1,888,183$4,641,952
66$5,615,351$2,473,574$1,910,004$5,031,566
67$6,145,379$2,552,042$1,931,251$5,458,783
68$6,728,123$2,633,007$1,951,863$5,927,387
69$7,368,919$2,716,552$1,971,778$6,441,549
70$8,073,643$2,802,757$1,990,927$7,005,863
71$8,848,771$2,891,709$2,009,240$7,625,389
72$9,701,439$2,983,496$2,026,643$8,305,707
73$10,639,507$3,078,209$2,043,056$9,052,960
74$11,671,636$3,175,940$2,058,398$9,873,919
75$12,807,370$3,276,788$2,072,581$10,776,043
76$14,057,223$3,380,852$2,085,514$11,767,554
77$15,432,781$3,488,235$2,097,100$12,857,507
78$16,946,811$3,599,045$2,107,239$14,055,882
79$18,613,378$3,713,390$2,115,824$15,373,676
80$20,447,981$3,831,385$2,122,743$16,823,007
81$22,467,699$3,953,147$2,127,879$18,417,225
82$24,691,351$4,078,798$2,131,109$20,171,043
83$27,139,671$4,208,461$2,132,303$22,100,673
84$29,835,508$4,342,267$2,131,327$24,223,980
85$32,804,041$4,480,348$2,128,036$26,560,648
86$36,073,010$4,622,843$2,122,283$29,132,370
87$39,672,988$4,769,893$2,113,910$31,963,049
88$43,637,660$4,921,645$2,102,754$35,079,026
89$48,004,147$5,078,250$2,088,641$38,509,325
90$52,813,351$5,239,867$2,071,392$42,285,932
91$58,110,347$5,406,654$2,050,818$46,444,094
92$63,944,803$5,578,781$2,026,721$51,022,650
93$70,371,451$5,756,418$1,998,894$56,064,402
94$77,450,601$5,939,745$1,967,119$61,616,514
95$85,248,714$6,128,944$1,931,169$67,730,962
96$93,839,026$6,324,206$1,890,806$74,465,020
97$103,302,241$6,525,726$1,845,783$81,881,804
98$113,727,290$6,733,708$1,795,837$90,050,866
99$125,212,173$6,948,359$1,740,697$99,048,852
100$137,864,883$7,169,896$1,680,079$108,960,225