Can I retire at age 52 with 1,560,000?

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 $1,560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$128,823$127,676$126,556$125,464$124,397$123,097
2 years$63,774$62,586$61,435$60,319$59,236$57,928
3 years$42,094$40,901$39,753$38,647$37,582$36,305
4 years$31,256$30,066$28,930$27,843$26,804$25,568
5 years$24,754$23,572$22,451$21,386$20,376$19,185
6 years$20,422$19,249$18,143$17,103$16,123$14,978
7 years$17,328$16,165$15,077$14,061$13,112$12,015
8 years$15,009$13,856$12,787$11,795$10,878$9,827
9 years$13,206$12,064$11,013$10,047$9,161$8,156
10 years$11,765$10,634$9,602$8,661$7,805$6,847
11 years$10,586$9,467$8,453$7,537$6,713$5,799
12 years$9,605$8,497$7,502$6,611$5,817$4,948
13 years$8,775$7,679$6,702$5,837$5,073$4,246
14 years$8,065$6,980$6,022$5,181$4,447$3,662
15 years$7,449$6,376$5,437$4,621$3,915$3,171
16 years$6,911$5,850$4,930$4,137$3,460$2,756
17 years$6,437$5,388$4,486$3,717$3,068$2,402
18 years$6,016$4,979$4,095$3,350$2,728$2,099
19 years$5,640$4,614$3,749$3,027$2,432$1,838
20 years$5,302$4,288$3,440$2,742$2,172$1,612
21 years$4,996$3,994$3,164$2,488$1,944$1,416
22 years$4,719$3,728$2,917$2,262$1,742$1,246
23 years$4,466$3,487$2,693$2,060$1,564$1,098
24 years$4,235$3,267$2,491$1,879$1,406$968
25 years$4,022$3,066$2,307$1,716$1,265$855
26 years$3,826$2,881$2,139$1,569$1,139$755
27 years$3,645$2,712$1,987$1,436$1,027$668
28 years$3,477$2,555$1,847$1,316$927$591
29 years$3,321$2,411$1,719$1,207$837$523
30 years$3,175$2,276$1,601$1,108$756$463
31 years$3,040$2,152$1,492$1,017$684$410
32 years$2,913$2,036$1,392$935$618$363
33 years$2,794$1,928$1,300$860$560$322
34 years$2,682$1,828$1,215$791$507$286
35 years$2,577$1,733$1,136$728$459$253
36 years$2,478$1,645$1,062$671$416$225
37 years$2,384$1,563$994$618$377$200
38 years$2,296$1,485$931$569$342$177
39 years$2,212$1,412$872$525$310$157
40 years$2,133$1,344$818$484$281$140
41 years$2,058$1,279$767$447$255$124
42 years$1,986$1,218$719$412$231$110
43 years$1,918$1,161$675$381$210$98
44 years$1,854$1,106$634$351$191$87
45 years$1,792$1,055$595$325$173$77
46 years$1,733$1,006$559$300$157$69
47 years$1,677$960$525$277$143$61
48 years$1,623$917$493$256$130$54
49 years$1,572$875$464$237$118$48
50 years$1,523$836$436$219$107$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,560,000, adding $6,584 every year, while hoping to spend $50,419 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: 42/34/24 Blend
51$1,560,000$1,560,000$1,560,000$1,560,000
52$1,725,911$1,643,231$1,619,051$1,786,027
53$1,848,309$1,670,104$1,619,644$1,856,490
54$1,981,501$1,696,604$1,618,567$1,927,436
55$2,126,536$1,722,659$1,615,711$2,003,266
56$2,284,566$1,748,193$1,610,961$2,084,459
57$2,456,861$1,773,124$1,604,197$2,171,543
58$2,644,817$1,797,363$1,595,294$2,265,102
59$2,849,971$1,820,817$1,584,119$2,365,782
60$3,074,016$1,843,384$1,570,534$2,474,296
61$3,318,813$1,864,958$1,554,395$2,591,431
62$3,586,414$1,885,423$1,535,549$2,718,058
63$3,879,077$1,904,657$1,513,838$2,855,140
64$4,199,287$1,922,529$1,489,096$3,003,739
65$4,549,781$1,938,900$1,461,148$3,165,028
66$4,933,574$1,953,621$1,429,811$3,340,307
67$5,353,985$1,966,535$1,394,896$3,531,006
68$5,814,669$1,977,473$1,356,203$3,738,709
69$6,319,652$1,986,256$1,313,523$3,965,163
70$6,873,368$1,992,694$1,266,637$4,212,299
71$7,480,700$1,996,584$1,215,318$4,482,248
72$8,147,026$1,997,712$1,159,326$4,777,364
73$8,878,272$1,995,849$1,098,413$5,100,246
74$9,680,962$1,990,753$1,032,316$5,453,764
75$10,562,286$1,982,165$960,765$5,841,084
76$11,530,162$1,969,814$883,473$6,265,705
77$12,593,312$1,953,408$800,143$6,731,486
78$13,761,347$1,932,642$710,464$7,242,689
79$15,044,852$1,907,189$614,113$7,804,017
80$16,455,489$1,876,704$510,748$8,420,661
81$18,006,108$1,840,821$400,017$9,098,349
82$19,710,863$1,799,153$281,549$9,843,403
83$21,585,348$1,751,290$154,959$10,662,801
84$23,646,747$1,696,796$19,843$11,564,238
85$25,913,989$1,635,213$0$12,556,209
86$28,407,930$1,566,053$0$13,679,929
87$31,151,551$1,488,801$0$14,921,385
88$34,170,171$1,402,914$0$16,287,015
89$37,491,686$1,307,815$0$17,789,524
90$41,146,835$1,202,895$0$19,442,921
91$45,169,486$1,087,510$0$21,262,650
92$49,596,956$960,980$0$23,265,741
93$54,470,363$822,586$0$25,470,967
94$59,835,016$671,568$0$27,899,026
95$65,740,836$507,123$0$30,572,737
96$72,242,833$328,404$0$33,517,257
97$79,401,621$134,516$0$36,760,321
98$87,283,992$0$0$40,332,504
99$95,963,541$0$0$44,295,755
100$105,521,367$0$0$48,715,718