Can I retire at age 52 with 1,580,000?

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 $1,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$130,475$129,313$128,179$127,072$125,991$121,376
2 years$64,592$63,389$62,223$61,092$59,996$55,398
3 years$42,633$41,425$40,262$39,142$38,064$33,627
4 years$31,656$30,452$29,301$28,200$27,147$22,906
5 years$25,072$23,875$22,738$21,660$20,637$16,602
6 years$20,684$19,495$18,376$17,322$16,329$12,504
7 years$17,550$16,372$15,271$14,241$13,280$9,663
8 years$15,202$14,034$12,951$11,947$11,017$7,605
9 years$13,376$12,219$11,154$10,176$9,278$6,066
10 years$11,916$10,771$9,725$8,772$7,905$4,888
11 years$10,722$9,588$8,561$7,634$6,799$3,970
12 years$9,728$8,606$7,598$6,696$5,892$3,244
13 years$8,888$7,777$6,788$5,912$5,138$2,664
14 years$8,168$7,069$6,099$5,248$4,504$2,196
15 years$7,545$6,458$5,507$4,680$3,965$1,817
16 years$7,000$5,925$4,993$4,190$3,505$1,506
17 years$6,520$5,457$4,543$3,765$3,107$1,252
18 years$6,093$5,042$4,147$3,393$2,763$1,042
19 years$5,712$4,673$3,797$3,066$2,463$869
20 years$5,370$4,343$3,484$2,777$2,200$725
21 years$5,060$4,045$3,205$2,520$1,969$606
22 years$4,779$3,776$2,954$2,291$1,765$506
23 years$4,523$3,531$2,727$2,087$1,584$424
24 years$4,289$3,309$2,522$1,903$1,424$355
25 years$4,073$3,105$2,336$1,738$1,281$297
26 years$3,875$2,918$2,167$1,589$1,154$249
27 years$3,692$2,746$2,012$1,455$1,040$209
28 years$3,521$2,588$1,870$1,333$939$175
29 years$3,363$2,441$1,741$1,222$848$147
30 years$3,216$2,306$1,621$1,122$766$123
31 years$3,079$2,180$1,512$1,030$692$103
32 years$2,950$2,062$1,410$947$626$87
33 years$2,830$1,953$1,317$871$567$73
34 years$2,716$1,851$1,230$801$513$61
35 years$2,610$1,756$1,150$737$465$51
36 years$2,509$1,666$1,076$679$421$43
37 years$2,415$1,583$1,007$626$382$36
38 years$2,325$1,504$943$577$346$30
39 years$2,240$1,430$884$532$314$25
40 years$2,160$1,361$828$491$285$21
41 years$2,084$1,295$777$453$258$18
42 years$2,012$1,234$728$418$234$15
43 years$1,943$1,175$684$386$213$13
44 years$1,877$1,120$642$356$193$11
45 years$1,815$1,068$603$329$175$9
46 years$1,755$1,019$566$304$159$7
47 years$1,699$973$532$281$144$6
48 years$1,644$929$500$259$131$5
49 years$1,592$887$470$240$119$4
50 years$1,543$847$441$221$108$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,580,000, adding $4,227 every year, while hoping to spend $57,999 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: 66/23/11 Blend
51$1,580,000$1,580,000$1,580,000$1,580,000
52$1,745,520$1,661,780$1,637,290$1,856,266
53$1,861,853$1,681,497$1,630,429$1,950,290
54$1,988,107$1,700,236$1,621,394$2,045,771
55$2,125,235$1,717,888$1,610,051$2,148,641
56$2,274,281$1,734,337$1,596,260$2,259,617
57$2,436,396$1,749,458$1,579,874$2,379,487
58$2,612,847$1,763,120$1,560,738$2,509,125
59$2,805,026$1,775,181$1,538,691$2,649,491
60$3,014,465$1,785,491$1,513,563$2,801,644
61$3,242,852$1,793,892$1,485,179$2,966,753
62$3,492,043$1,800,213$1,453,353$3,146,107
63$3,764,082$1,804,274$1,417,891$3,341,126
64$4,061,219$1,805,883$1,378,590$3,553,378
65$4,385,929$1,804,837$1,335,239$3,784,590
66$4,740,939$1,800,920$1,287,615$4,036,668
67$5,129,251$1,793,901$1,235,486$4,311,715
68$5,554,169$1,783,537$1,178,610$4,612,048
69$6,019,335$1,769,571$1,116,733$4,940,222
70$6,528,754$1,751,727$1,049,591$5,299,057
71$7,086,841$1,729,715$976,906$5,691,662
72$7,698,455$1,703,228$898,389$6,121,464
73$8,368,950$1,671,938$813,737$6,592,244
74$9,104,220$1,635,501$722,635$7,108,170
75$9,910,760$1,593,550$624,753$7,673,840
76$10,795,721$1,545,698$519,746$8,294,323
77$11,766,982$1,491,533$407,254$8,975,210
78$12,833,218$1,430,623$286,902$9,722,664
79$14,003,990$1,362,507$158,297$10,543,482
80$15,289,827$1,286,700$21,029$11,445,160
81$16,702,329$1,202,688$0$12,435,962
82$18,254,273$1,109,926$0$13,539,725
83$19,959,737$1,007,840$0$14,755,363
84$21,834,230$895,824$0$16,091,538
85$23,894,836$773,235$0$17,560,521
86$26,160,381$639,394$0$19,175,841
87$28,651,601$493,586$0$20,952,406
88$31,391,346$335,053$0$22,906,653
89$34,404,789$162,997$0$25,056,698
90$37,719,667$0$0$27,422,510
91$41,366,538$0$0$30,032,029
92$45,379,074$0$0$32,948,704
93$49,794,372$0$0$36,158,261
94$54,653,309$0$0$39,690,431
95$60,000,925$0$0$43,577,969
96$65,886,847$0$0$47,856,967
97$72,365,756$0$0$52,567,196
98$79,497,906$0$0$57,752,476
99$87,349,686$0$0$63,461,093
100$95,994,252$0$0$69,746,251