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%18.8%
1 years$127,172$126,039$124,934$123,855$122,802$118,445
2 years$62,956$61,784$60,647$59,546$58,477$54,134
3 years$41,554$40,376$39,243$38,152$37,100$32,907
4 years$30,855$29,681$28,559$27,486$26,460$22,450
5 years$24,437$23,270$22,163$21,112$20,115$16,297
6 years$20,160$19,002$17,911$16,883$15,916$12,294
7 years$17,106$15,958$14,884$13,881$12,944$9,517
8 years$14,817$13,679$12,623$11,644$10,738$7,503
9 years$13,037$11,910$10,872$9,918$9,043$5,996
10 years$11,614$10,498$9,478$8,550$7,705$4,841
11 years$10,451$9,346$8,345$7,441$6,627$3,939
12 years$9,482$8,388$7,406$6,527$5,743$3,226
13 years$8,663$7,580$6,617$5,762$5,008$2,654
14 years$7,961$6,890$5,945$5,115$4,390$2,193
15 years$7,354$6,295$5,368$4,562$3,865$1,818
16 years$6,823$5,775$4,866$4,084$3,416$1,510
17 years$6,355$5,319$4,428$3,670$3,029$1,258
18 years$5,939$4,915$4,042$3,307$2,693$1,049
19 years$5,568$4,555$3,701$2,988$2,400$877
20 years$5,234$4,233$3,396$2,707$2,144$734
21 years$4,932$3,943$3,124$2,456$1,919$614
22 years$4,658$3,680$2,879$2,233$1,720$515
23 years$4,409$3,442$2,658$2,034$1,544$432
24 years$4,180$3,225$2,459$1,855$1,388$362
25 years$3,970$3,026$2,277$1,694$1,249$304
26 years$3,777$2,844$2,112$1,549$1,125$256
27 years$3,598$2,677$1,961$1,418$1,014$215
28 years$3,432$2,522$1,823$1,299$915$180
29 years$3,278$2,380$1,697$1,191$826$152
30 years$3,135$2,247$1,580$1,093$747$128
31 years$3,001$2,124$1,473$1,004$675$107
32 years$2,875$2,010$1,375$923$611$90
33 years$2,758$1,904$1,283$849$553$76
34 years$2,648$1,804$1,199$781$500$64
35 years$2,544$1,711$1,121$719$453$54
36 years$2,446$1,624$1,049$662$411$45
37 years$2,354$1,543$982$610$372$38
38 years$2,266$1,466$919$562$337$32
39 years$2,184$1,394$861$518$306$27
40 years$2,105$1,326$807$478$277$23
41 years$2,031$1,263$757$441$252$19
42 years$1,961$1,202$710$407$228$16
43 years$1,894$1,146$666$376$207$14
44 years$1,830$1,092$625$347$188$11
45 years$1,769$1,041$587$320$171$10
46 years$1,711$993$552$296$155$8
47 years$1,656$948$518$273$141$7
48 years$1,603$905$487$253$128$6
49 years$1,552$864$458$234$116$5
50 years$1,504$826$430$216$106$4

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 $3,485 every year, while hoping to spend $40,572 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: 35/48/17 Blend
51$1,540,000$1,540,000$1,540,000$1,540,000
52$1,700,675$1,619,055$1,595,185$1,751,209
53$1,830,975$1,655,220$1,605,455$1,824,516
54$1,973,207$1,691,798$1,614,710$1,899,507
55$2,128,543$1,728,765$1,622,872$1,979,559
56$2,298,277$1,766,097$1,629,861$2,065,145
57$2,483,831$1,803,766$1,635,591$2,156,783
58$2,686,773$1,841,741$1,639,974$2,255,049
59$2,908,826$1,879,989$1,642,916$2,360,574
60$3,151,891$1,918,474$1,644,318$2,474,055
61$3,418,060$1,957,154$1,644,078$2,596,260
62$3,709,634$1,995,987$1,642,088$2,728,037
63$4,029,152$2,034,926$1,638,232$2,870,320
64$4,379,406$2,073,918$1,632,394$3,024,141
65$4,763,474$2,112,908$1,624,447$3,190,636
66$5,184,743$2,151,836$1,614,261$3,371,059
67$5,646,947$2,190,636$1,601,699$3,566,793
68$6,154,197$2,229,238$1,586,617$3,779,362
69$6,711,021$2,267,566$1,568,865$4,010,450
70$7,322,407$2,305,539$1,548,284$4,261,911
71$7,993,851$2,343,069$1,524,710$4,535,791
72$8,731,405$2,380,061$1,497,969$4,834,349
73$9,541,739$2,416,415$1,467,882$5,160,072
74$10,432,199$2,452,021$1,434,258$5,515,708
75$11,410,878$2,486,764$1,396,900$5,904,284
76$12,486,691$2,520,520$1,355,600$6,329,140
77$13,669,462$2,553,154$1,310,141$6,793,960
78$14,970,013$2,584,525$1,260,297$7,302,807
79$16,400,269$2,614,480$1,205,831$7,860,162
80$17,973,364$2,642,858$1,146,494$8,470,966
81$19,703,774$2,669,484$1,082,029$9,140,669
82$21,607,445$2,694,175$1,012,163$9,875,283
83$23,701,947$2,716,733$936,613$10,681,434
84$26,006,642$2,736,949$855,086$11,566,433
85$28,542,858$2,754,598$767,270$12,538,341
86$31,334,100$2,769,444$672,844$13,606,046
87$34,406,265$2,781,233$571,471$14,779,351
88$37,787,887$2,789,697$462,798$16,069,065
89$41,510,408$2,794,549$346,459$17,487,105
90$45,608,474$2,795,486$222,069$19,046,616
91$50,120,258$2,792,184$89,228$20,762,088
92$55,087,826$2,784,303$0$22,649,499
93$60,557,527$2,771,477$0$24,735,998
94$66,580,437$2,753,321$0$27,049,371
95$73,212,833$2,729,425$0$29,594,917
96$80,516,731$2,699,357$0$32,396,336
97$88,560,468$2,662,654$0$35,479,754
98$97,419,342$2,618,831$0$38,873,966
99$107,176,332$2,567,371$0$42,610,717
100$117,922,871$2,507,725$0$46,724,997