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

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 $1,540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$127,172$126,039$124,934$123,855$122,802$119,253
2 years$62,956$61,784$60,647$59,546$58,477$54,930
3 years$41,554$40,376$39,243$38,152$37,100$33,666
4 years$30,855$29,681$28,559$27,486$26,460$23,165
5 years$24,437$23,270$22,163$21,112$20,115$16,968
6 years$20,160$19,002$17,911$16,883$15,916$12,920
7 years$17,106$15,958$14,884$13,881$12,944$10,099
8 years$14,817$13,679$12,623$11,644$10,738$8,043
9 years$13,037$11,910$10,872$9,918$9,043$6,494
10 years$11,614$10,498$9,478$8,550$7,705$5,299
11 years$10,451$9,346$8,345$7,441$6,627$4,360
12 years$9,482$8,388$7,406$6,527$5,743$3,611
13 years$8,663$7,580$6,617$5,762$5,008$3,006
14 years$7,961$6,890$5,945$5,115$4,390$2,513
15 years$7,354$6,295$5,368$4,562$3,865$2,108
16 years$6,823$5,775$4,866$4,084$3,416$1,773
17 years$6,355$5,319$4,428$3,670$3,029$1,495
18 years$5,939$4,915$4,042$3,307$2,693$1,263
19 years$5,568$4,555$3,701$2,988$2,400$1,069
20 years$5,234$4,233$3,396$2,707$2,144$906
21 years$4,932$3,943$3,124$2,456$1,919$769
22 years$4,658$3,680$2,879$2,233$1,720$653
23 years$4,409$3,442$2,658$2,034$1,544$555
24 years$4,180$3,225$2,459$1,855$1,388$472
25 years$3,970$3,026$2,277$1,694$1,249$402
26 years$3,777$2,844$2,112$1,549$1,125$342
27 years$3,598$2,677$1,961$1,418$1,014$291
28 years$3,432$2,522$1,823$1,299$915$248
29 years$3,278$2,380$1,697$1,191$826$212
30 years$3,135$2,247$1,580$1,093$747$181
31 years$3,001$2,124$1,473$1,004$675$154
32 years$2,875$2,010$1,375$923$611$131
33 years$2,758$1,904$1,283$849$553$112
34 years$2,648$1,804$1,199$781$500$96
35 years$2,544$1,711$1,121$719$453$82
36 years$2,446$1,624$1,049$662$411$70
37 years$2,354$1,543$982$610$372$59
38 years$2,266$1,466$919$562$337$51
39 years$2,184$1,394$861$518$306$43
40 years$2,105$1,326$807$478$277$37
41 years$2,031$1,263$757$441$252$32
42 years$1,961$1,202$710$407$228$27
43 years$1,894$1,146$666$376$207$23
44 years$1,830$1,092$625$347$188$20
45 years$1,769$1,041$587$320$171$17
46 years$1,711$993$552$296$155$14
47 years$1,656$948$518$273$141$12
48 years$1,603$905$487$253$128$10
49 years$1,552$864$458$234$116$9
50 years$1,504$826$430$216$106$8

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 $5,263 every year, while hoping to spend $25,161 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: 59/30/11 Blend
51$1,540,000$1,540,000$1,540,000$1,540,000
52$1,702,509$1,620,889$1,597,019$1,798,161
53$1,849,394$1,673,541$1,623,748$1,915,801
54$2,010,417$1,727,930$1,650,529$2,040,723
55$2,186,996$1,784,115$1,677,337$2,176,328
56$2,380,688$1,842,155$1,704,147$2,323,646
57$2,593,211$1,902,113$1,730,929$2,483,811
58$2,826,457$1,964,055$1,757,653$2,658,069
59$3,082,509$2,028,047$1,784,288$2,847,792
60$3,363,662$2,094,160$1,810,799$3,054,492
61$3,672,446$2,162,463$1,837,151$3,279,830
62$4,011,645$2,233,033$1,863,305$3,525,637
63$4,384,327$2,305,947$1,889,220$3,793,927
64$4,793,873$2,381,282$1,914,854$4,086,918
65$5,244,006$2,459,124$1,940,160$4,407,053
66$5,738,830$2,539,556$1,965,090$4,757,020
67$6,282,863$2,622,667$1,989,593$5,139,779
68$6,881,087$2,708,548$2,013,616$5,558,592
69$7,538,986$2,797,296$2,037,100$6,017,049
70$8,262,605$2,889,006$2,059,986$6,519,104
71$9,058,605$2,983,782$2,082,210$7,069,112
72$9,934,324$3,081,728$2,103,704$7,671,869
73$10,897,845$3,182,953$2,124,399$8,332,659
74$11,958,078$3,287,570$2,144,219$9,057,301
75$13,124,837$3,395,696$2,163,085$9,852,203
76$14,408,936$3,507,451$2,180,915$10,724,427
77$15,822,293$3,622,962$2,197,621$11,681,749
78$17,378,038$3,742,358$2,213,112$12,732,737
79$19,090,637$3,865,772$2,227,291$13,886,829
80$20,976,033$3,993,346$2,240,055$15,154,423
81$23,051,790$4,125,222$2,251,300$16,546,972
82$25,337,266$4,261,551$2,260,911$18,077,095
83$27,853,786$4,402,487$2,268,771$19,758,696
84$30,624,854$4,548,190$2,274,756$21,607,090
85$33,676,365$4,698,827$2,278,737$23,639,153
86$37,036,855$4,854,571$2,280,575$25,873,476
87$40,737,769$5,015,599$2,280,129$28,330,545
88$44,813,755$5,182,097$2,277,247$31,032,929
89$49,302,994$5,354,256$2,271,771$34,005,495
90$54,247,561$5,532,276$2,263,536$37,275,643
91$59,693,817$5,716,362$2,252,369$40,873,560
92$65,692,850$5,906,727$2,238,088$44,832,511
93$72,300,958$6,103,594$2,220,501$49,189,148
94$79,580,177$6,307,192$2,199,409$53,983,854
95$87,598,870$6,517,759$2,174,604$59,261,129
96$96,432,366$6,735,541$2,145,865$65,070,004
97$106,163,679$6,960,794$2,112,963$71,464,508
98$116,884,285$7,193,784$2,075,658$78,504,172
99$128,694,988$7,434,785$2,033,699$86,254,595
100$141,706,871$7,684,084$1,986,822$94,788,062