Can I retire at age 52 with 1,540,000?

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 $1,540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$127,172$126,039$124,934$123,855$122,802$118,918
2 years$62,956$61,784$60,647$59,546$58,477$54,600
3 years$41,554$40,376$39,243$38,152$37,100$33,351
4 years$30,855$29,681$28,559$27,486$26,460$22,867
5 years$24,437$23,270$22,163$21,112$20,115$16,688
6 years$20,160$19,002$17,911$16,883$15,916$12,658
7 years$17,106$15,958$14,884$13,881$12,944$9,855
8 years$14,817$13,679$12,623$11,644$10,738$7,816
9 years$13,037$11,910$10,872$9,918$9,043$6,284
10 years$11,614$10,498$9,478$8,550$7,705$5,106
11 years$10,451$9,346$8,345$7,441$6,627$4,182
12 years$9,482$8,388$7,406$6,527$5,743$3,447
13 years$8,663$7,580$6,617$5,762$5,008$2,856
14 years$7,961$6,890$5,945$5,115$4,390$2,376
15 years$7,354$6,295$5,368$4,562$3,865$1,983
16 years$6,823$5,775$4,866$4,084$3,416$1,660
17 years$6,355$5,319$4,428$3,670$3,029$1,393
18 years$5,939$4,915$4,042$3,307$2,693$1,171
19 years$5,568$4,555$3,701$2,988$2,400$986
20 years$5,234$4,233$3,396$2,707$2,144$831
21 years$4,932$3,943$3,124$2,456$1,919$701
22 years$4,658$3,680$2,879$2,233$1,720$592
23 years$4,409$3,442$2,658$2,034$1,544$501
24 years$4,180$3,225$2,459$1,855$1,388$423
25 years$3,970$3,026$2,277$1,694$1,249$358
26 years$3,777$2,844$2,112$1,549$1,125$303
27 years$3,598$2,677$1,961$1,418$1,014$257
28 years$3,432$2,522$1,823$1,299$915$218
29 years$3,278$2,380$1,697$1,191$826$185
30 years$3,135$2,247$1,580$1,093$747$156
31 years$3,001$2,124$1,473$1,004$675$133
32 years$2,875$2,010$1,375$923$611$113
33 years$2,758$1,904$1,283$849$553$95
34 years$2,648$1,804$1,199$781$500$81
35 years$2,544$1,711$1,121$719$453$69
36 years$2,446$1,624$1,049$662$411$58
37 years$2,354$1,543$982$610$372$49
38 years$2,266$1,466$919$562$337$42
39 years$2,184$1,394$861$518$306$36
40 years$2,105$1,326$807$478$277$30
41 years$2,031$1,263$757$441$252$26
42 years$1,961$1,202$710$407$228$22
43 years$1,894$1,146$666$376$207$18
44 years$1,830$1,092$625$347$188$16
45 years$1,769$1,041$587$320$171$13
46 years$1,711$993$552$296$155$11
47 years$1,656$948$518$273$141$10
48 years$1,603$905$487$253$128$8
49 years$1,552$864$458$234$116$7
50 years$1,504$826$430$216$106$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,540,000, adding $5,891 every year, while hoping to spend $40,419 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: 56/20/24 Blend
51$1,540,000$1,540,000$1,540,000$1,540,000
52$1,703,157$1,621,537$1,597,667$1,787,080
53$1,833,873$1,657,986$1,608,183$1,881,683
54$1,976,568$1,694,868$1,617,697$1,979,942
55$2,132,420$1,732,158$1,626,132$2,086,142
56$2,302,728$1,769,835$1,633,409$2,201,060
57$2,488,921$1,807,872$1,639,442$2,325,551
58$2,692,572$1,846,238$1,644,144$2,460,559
59$2,915,413$1,884,903$1,647,422$2,607,122
60$3,159,352$1,923,830$1,649,178$2,766,386
61$3,426,490$1,962,982$1,649,309$2,939,615
62$3,719,140$2,002,316$1,647,709$3,128,201
63$4,039,849$2,041,786$1,644,264$3,333,677
64$4,391,423$2,081,343$1,638,857$3,557,737
65$4,776,953$2,120,933$1,631,363$3,802,245
66$5,199,841$2,160,498$1,621,652$4,069,257
67$5,663,836$2,199,974$1,609,589$4,361,040
68$6,173,067$2,239,293$1,595,030$4,680,091
69$6,732,083$2,278,381$1,577,827$5,029,167
70$7,345,894$2,317,160$1,557,822$5,411,302
71$8,020,018$2,355,543$1,534,852$5,829,845
72$8,760,535$2,393,440$1,508,745$6,288,485
73$9,574,143$2,430,752$1,479,321$6,791,292
74$10,468,220$2,467,374$1,446,393$7,342,749
75$11,450,894$2,503,191$1,409,763$7,947,801
76$12,531,122$2,538,084$1,369,226$8,611,897
77$13,718,768$2,571,921$1,324,567$9,341,047
78$15,024,702$2,604,565$1,275,560$10,141,871
79$16,460,900$2,635,867$1,221,969$11,021,673
80$18,040,555$2,665,669$1,163,549$11,988,499
81$19,778,207$2,693,801$1,100,043$13,051,223
82$21,689,870$2,720,083$1,031,180$14,219,624
83$23,793,193$2,744,324$956,681$15,504,483
84$26,107,620$2,766,317$876,251$16,917,684
85$28,654,575$2,785,845$789,584$18,472,327
86$31,457,665$2,802,675$696,359$20,182,851
87$34,542,901$2,816,559$596,240$22,065,174
88$37,938,942$2,827,236$488,880$24,136,841
89$41,677,368$2,834,425$373,911$26,417,190
90$45,792,977$2,837,828$250,954$28,927,541
91$50,324,109$2,837,131$119,610$31,691,388
92$55,313,015$2,831,997$0$34,734,633
93$60,806,249$2,822,071$0$38,091,087
94$66,855,109$2,806,975$0$41,819,981
95$73,516,120$2,786,307$0$45,925,453
96$80,851,572$2,759,643$0$50,445,850
97$88,930,099$2,726,532$0$55,423,434
98$97,827,333$2,686,497$0$60,904,778
99$107,626,616$2,639,030$0$66,941,206
100$118,419,783$2,583,595$0$73,589,279