Can I retire at age 52 with 1,590,000?

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 $1,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$131,301$130,131$128,990$127,876$126,789$122,388
2 years$65,000$63,790$62,617$61,479$60,376$55,987
3 years$42,903$41,687$40,517$39,390$38,305$34,067
4 years$31,857$30,645$29,486$28,378$27,319$23,264
5 years$25,231$24,026$22,882$21,797$20,768$16,906
6 years$20,815$19,619$18,492$17,432$16,433$12,768
7 years$17,662$16,476$15,367$14,331$13,364$9,895
8 years$15,298$14,123$13,033$12,022$11,087$7,811
9 years$13,460$12,296$11,225$10,240$9,337$6,249
10 years$11,991$10,839$9,786$8,827$7,955$5,052
11 years$10,790$9,649$8,616$7,682$6,842$4,116
12 years$9,790$8,661$7,646$6,738$5,929$3,375
13 years$8,944$7,827$6,831$5,949$5,170$2,781
14 years$8,220$7,114$6,138$5,281$4,532$2,301
15 years$7,593$6,499$5,542$4,710$3,991$1,910
16 years$7,044$5,963$5,024$4,217$3,527$1,589
17 years$6,561$5,491$4,572$3,789$3,127$1,326
18 years$6,132$5,074$4,174$3,415$2,781$1,108
19 years$5,749$4,703$3,821$3,085$2,478$927
20 years$5,404$4,370$3,507$2,794$2,214$776
21 years$5,092$4,071$3,225$2,536$1,981$651
22 years$4,810$3,800$2,973$2,306$1,776$547
23 years$4,552$3,554$2,745$2,100$1,594$459
24 years$4,316$3,330$2,538$1,915$1,433$386
25 years$4,099$3,125$2,351$1,749$1,289$325
26 years$3,900$2,937$2,180$1,599$1,161$273
27 years$3,715$2,764$2,025$1,464$1,047$230
28 years$3,544$2,604$1,882$1,341$945$193
29 years$3,385$2,457$1,752$1,230$853$163
30 years$3,237$2,320$1,632$1,129$771$137
31 years$3,098$2,193$1,521$1,037$697$116
32 years$2,969$2,075$1,419$953$630$97
33 years$2,847$1,965$1,325$876$570$82
34 years$2,734$1,863$1,238$806$517$69
35 years$2,626$1,767$1,158$742$468$58
36 years$2,525$1,677$1,083$683$424$49
37 years$2,430$1,593$1,014$630$384$41
38 years$2,340$1,514$949$580$348$35
39 years$2,255$1,439$889$535$316$29
40 years$2,174$1,369$833$494$286$25
41 years$2,097$1,304$782$455$260$21
42 years$2,024$1,241$733$420$236$18
43 years$1,955$1,183$688$388$214$15
44 years$1,889$1,128$646$358$194$13
45 years$1,826$1,075$606$331$176$11
46 years$1,766$1,026$569$306$160$9
47 years$1,709$979$535$282$145$8
48 years$1,655$934$503$261$132$6
49 years$1,602$892$473$241$120$5
50 years$1,552$852$444$223$109$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,590,000, adding $2,412 every year, while hoping to spend $57,485 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: 76/14/10 Blend
51$1,590,000$1,590,000$1,590,000$1,590,000
52$1,754,668$1,670,398$1,645,753$1,884,754
53$1,872,481$1,691,084$1,639,722$1,991,424
54$2,000,383$1,710,857$1,631,563$2,100,774
55$2,139,345$1,729,611$1,621,142$2,219,009
56$2,290,430$1,747,235$1,608,323$2,346,989
57$2,454,812$1,763,607$1,592,960$2,485,665
58$2,633,780$1,778,601$1,574,901$2,636,081
59$2,828,752$1,792,079$1,553,987$2,799,389
60$3,041,292$1,803,897$1,530,052$2,976,861
61$3,273,116$1,813,901$1,502,921$3,169,893
62$3,526,117$1,821,925$1,472,412$3,380,029
63$3,802,377$1,827,796$1,438,334$3,608,966
64$4,104,189$1,831,327$1,400,488$3,858,577
65$4,434,075$1,832,321$1,358,663$4,130,924
66$4,794,814$1,830,568$1,312,642$4,428,282
67$5,189,466$1,825,847$1,262,196$4,753,157
68$5,621,398$1,817,919$1,207,086$5,108,309
69$6,094,318$1,806,535$1,147,061$5,496,784
70$6,612,313$1,791,429$1,081,861$5,921,935
71$7,179,878$1,772,319$1,011,213$6,387,460
72$7,801,968$1,748,905$934,831$6,897,436
73$8,484,038$1,720,871$852,418$7,456,353
74$9,232,097$1,687,880$763,660$8,069,164
75$10,052,762$1,649,578$668,234$8,741,324
76$10,953,323$1,605,587$565,800$9,478,850
77$11,941,810$1,555,508$456,002$10,288,370
78$13,027,067$1,498,920$338,470$11,177,192
79$14,218,836$1,435,376$212,818$12,153,372
80$15,527,851$1,364,403$78,641$13,225,786
81$16,965,934$1,285,501$0$14,404,221
82$18,546,110$1,198,141$0$15,706,349
83$20,282,728$1,101,765$0$17,146,574
84$22,191,597$995,782$0$18,729,648
85$24,290,130$879,566$0$20,470,065
86$26,597,516$752,457$0$22,383,799
87$29,134,894$613,759$0$24,488,451
88$31,925,554$462,734$0$26,803,419
89$34,995,157$298,604$0$29,350,079
90$38,371,975$120,548$0$32,151,991
91$42,087,159$0$0$35,235,115
92$46,175,031$0$0$38,639,201
93$50,673,408$0$0$42,405,632
94$55,623,957$0$0$46,550,733
95$61,072,591$0$0$51,112,957
96$67,069,898$0$0$56,134,670
97$73,671,620$0$0$61,662,556
98$80,939,175$0$0$67,748,054
99$88,940,242$0$0$74,447,843
100$97,749,395$0$0$81,824,381