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

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 $1,520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.8%
1 years$125,520$124,402$123,311$122,247$121,207$119,297
2 years$62,139$60,981$59,860$58,772$57,718$55,798
3 years$41,014$39,852$38,733$37,656$36,618$34,750
4 years$30,454$29,295$28,188$27,129$26,117$24,313
5 years$24,120$22,968$21,875$20,838$19,853$18,119
6 years$19,898$18,755$17,678$16,664$15,709$14,047
7 years$16,884$15,751$14,691$13,700$12,776$11,186
8 years$14,624$13,501$12,459$11,493$10,599$9,082
9 years$12,868$11,755$10,731$9,789$8,926$7,480
10 years$11,463$10,362$9,355$8,439$7,605$6,230
11 years$10,315$9,224$8,236$7,344$6,541$5,234
12 years$9,359$8,279$7,310$6,442$5,668$4,429
13 years$8,550$7,482$6,531$5,687$4,943$3,769
14 years$7,858$6,801$5,868$5,048$4,333$3,222
15 years$7,258$6,213$5,298$4,502$3,815$2,766
16 years$6,734$5,700$4,803$4,031$3,372$2,382
17 years$6,272$5,250$4,371$3,622$2,989$2,057
18 years$5,862$4,851$3,990$3,264$2,658$1,781
19 years$5,495$4,496$3,653$2,950$2,369$1,544
20 years$5,166$4,178$3,352$2,671$2,116$1,342
21 years$4,868$3,891$3,083$2,424$1,894$1,168
22 years$4,598$3,632$2,842$2,204$1,698$1,017
23 years$4,352$3,397$2,624$2,008$1,524$887
24 years$4,126$3,183$2,427$1,831$1,370$775
25 years$3,919$2,987$2,248$1,672$1,232$677
26 years$3,728$2,807$2,084$1,529$1,110$592
27 years$3,551$2,642$1,936$1,399$1,001$518
28 years$3,388$2,490$1,799$1,282$903$453
29 years$3,236$2,349$1,675$1,176$815$397
30 years$3,094$2,218$1,560$1,079$737$348
31 years$2,962$2,097$1,454$991$666$305
32 years$2,838$1,984$1,357$911$603$267
33 years$2,722$1,879$1,267$838$545$234
34 years$2,613$1,781$1,184$771$494$206
35 years$2,511$1,689$1,107$709$447$180
36 years$2,414$1,603$1,035$653$405$158
37 years$2,323$1,523$969$602$367$139
38 years$2,237$1,447$907$555$333$122
39 years$2,155$1,376$850$512$302$107
40 years$2,078$1,309$797$472$274$94
41 years$2,005$1,246$747$435$248$83
42 years$1,935$1,187$701$402$225$73
43 years$1,869$1,131$658$371$205$64
44 years$1,806$1,078$617$342$186$56
45 years$1,746$1,028$580$316$169$49
46 years$1,689$981$544$292$153$43
47 years$1,634$936$511$270$139$38
48 years$1,582$893$481$249$126$33
49 years$1,532$853$452$231$115$29
50 years$1,484$815$425$213$104$26

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 $4,568 every year, while hoping to spend $54,592 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: 60/17/23 Blend
51$1,520,000$1,520,000$1,520,000$1,520,000
52$1,679,752$1,599,192$1,575,632$1,770,007
53$1,793,001$1,619,467$1,570,330$1,852,093
54$1,915,972$1,638,906$1,563,021$1,935,272
55$2,049,599$1,657,409$1,553,580$2,024,827
56$2,194,909$1,674,873$1,541,875$2,121,389
57$2,353,032$1,691,185$1,527,771$2,225,651
58$2,525,212$1,706,224$1,511,122$2,338,381
59$2,712,819$1,719,864$1,491,780$2,460,426
60$2,917,357$1,731,968$1,469,585$2,592,720
61$3,140,485$1,742,392$1,444,374$2,736,294
62$3,384,027$1,750,981$1,415,973$2,892,285
63$3,649,991$1,757,573$1,384,201$3,061,951
64$3,940,589$1,761,993$1,348,871$3,246,677
65$4,258,254$1,764,056$1,309,783$3,447,993
66$4,605,667$1,763,565$1,266,731$3,667,586
67$4,985,777$1,760,312$1,219,499$3,907,318
68$5,401,834$1,754,074$1,167,860$4,169,246
69$5,857,415$1,744,618$1,111,577$4,455,636
70$6,356,460$1,731,693$1,050,404$4,768,991
71$6,903,308$1,715,035$984,081$5,112,070
72$7,502,736$1,694,363$912,339$5,487,920
73$8,160,008$1,669,380$834,896$5,899,899
74$8,880,920$1,639,770$751,455$6,351,714
75$9,671,855$1,605,200$661,710$6,847,453
76$10,539,846$1,565,316$565,339$7,391,628
77$11,492,637$1,519,744$462,005$7,989,212
78$12,538,762$1,468,088$351,358$8,645,694
79$13,687,619$1,409,927$233,032$9,367,127
80$14,949,561$1,344,818$106,643$10,160,185
81$16,335,994$1,272,292$0$11,032,233
82$17,859,482$1,191,852$0$11,998,320
83$19,533,869$1,102,972$0$13,088,853
84$21,374,405$1,005,098$0$14,287,617
85$23,397,889$897,643$0$15,605,614
86$25,622,832$779,987$0$17,054,973
87$28,069,628$651,473$0$18,649,060
88$30,760,745$511,410$0$20,402,606
89$33,720,939$359,067$0$22,331,849
90$36,977,484$193,670$0$24,454,685
91$40,560,432$14,405$0$26,790,837
92$44,502,896$0$0$29,362,045
93$48,841,357$0$0$32,225,863
94$53,616,016$0$0$35,380,724
95$58,871,164$0$0$38,853,217
96$64,655,606$0$0$42,675,609
97$71,023,118$0$0$46,883,456
98$78,032,954$0$0$51,515,933
99$85,750,406$0$0$56,616,210
100$94,247,419$0$0$62,231,853