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

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 $1,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$131,301$130,131$128,990$127,876$126,789$123,224
2 years$65,000$63,790$62,617$61,479$60,376$56,812
3 years$42,903$41,687$40,517$39,390$38,305$34,853
4 years$31,857$30,645$29,486$28,378$27,319$24,006
5 years$25,231$24,026$22,882$21,797$20,768$17,602
6 years$20,815$19,619$18,492$17,432$16,433$13,418
7 years$17,662$16,476$15,367$14,331$13,364$10,500
8 years$15,298$14,123$13,033$12,022$11,087$8,372
9 years$13,460$12,296$11,225$10,240$9,337$6,768
10 years$11,991$10,839$9,786$8,827$7,955$5,530
11 years$10,790$9,649$8,616$7,682$6,842$4,556
12 years$9,790$8,661$7,646$6,738$5,929$3,777
13 years$8,944$7,827$6,831$5,949$5,170$3,149
14 years$8,220$7,114$6,138$5,281$4,532$2,636
15 years$7,593$6,499$5,542$4,710$3,991$2,214
16 years$7,044$5,963$5,024$4,217$3,527$1,866
17 years$6,561$5,491$4,572$3,789$3,127$1,575
18 years$6,132$5,074$4,174$3,415$2,781$1,333
19 years$5,749$4,703$3,821$3,085$2,478$1,130
20 years$5,404$4,370$3,507$2,794$2,214$959
21 years$5,092$4,071$3,225$2,536$1,981$815
22 years$4,810$3,800$2,973$2,306$1,776$693
23 years$4,552$3,554$2,745$2,100$1,594$590
24 years$4,316$3,330$2,538$1,915$1,433$503
25 years$4,099$3,125$2,351$1,749$1,289$429
26 years$3,900$2,937$2,180$1,599$1,161$366
27 years$3,715$2,764$2,025$1,464$1,047$312
28 years$3,544$2,604$1,882$1,341$945$266
29 years$3,385$2,457$1,752$1,230$853$227
30 years$3,237$2,320$1,632$1,129$771$194
31 years$3,098$2,193$1,521$1,037$697$166
32 years$2,969$2,075$1,419$953$630$142
33 years$2,847$1,965$1,325$876$570$121
34 years$2,734$1,863$1,238$806$517$104
35 years$2,626$1,767$1,158$742$468$88
36 years$2,525$1,677$1,083$683$424$76
37 years$2,430$1,593$1,014$630$384$65
38 years$2,340$1,514$949$580$348$55
39 years$2,255$1,439$889$535$316$47
40 years$2,174$1,369$833$494$286$40
41 years$2,097$1,304$782$455$260$35
42 years$2,024$1,241$733$420$236$30
43 years$1,955$1,183$688$388$214$25
44 years$1,889$1,128$646$358$194$22
45 years$1,826$1,075$606$331$176$19
46 years$1,766$1,026$569$306$160$16
47 years$1,709$979$535$282$145$14
48 years$1,655$934$503$261$132$12
49 years$1,602$892$473$241$120$10
50 years$1,552$852$444$223$109$8

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 $5,197 every year, while hoping to spend $40,963 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: 42/43/15 Blend
51$1,590,000$1,590,000$1,590,000$1,590,000
52$1,757,541$1,673,271$1,648,626$1,823,431
53$1,893,226$1,711,677$1,660,270$1,908,734
54$2,041,377$1,750,592$1,670,932$1,996,606
55$2,203,224$1,789,997$1,680,535$2,090,876
56$2,380,119$1,829,873$1,688,999$2,192,150
57$2,573,550$1,870,196$1,696,239$2,301,092
58$2,785,157$1,910,940$1,702,168$2,418,437
59$3,016,745$1,952,078$1,706,693$2,544,993
60$3,270,301$1,993,578$1,709,715$2,681,651
61$3,548,014$2,035,405$1,711,132$2,829,392
62$3,852,294$2,077,523$1,710,838$2,989,298
63$4,185,796$2,119,889$1,708,719$3,162,563
64$4,551,443$2,162,459$1,704,656$3,350,500
65$4,952,454$2,205,184$1,698,527$3,554,560
66$5,392,377$2,248,011$1,690,200$3,776,338
67$5,875,117$2,290,881$1,679,540$4,017,596
68$6,404,978$2,333,733$1,666,403$4,280,275
69$6,986,698$2,376,498$1,650,640$4,566,516
70$7,625,499$2,419,104$1,632,093$4,878,677
71$8,327,131$2,461,471$1,610,600$5,219,359
72$9,097,930$2,503,516$1,585,987$5,591,430
73$9,944,876$2,545,145$1,558,075$5,998,052
74$10,875,658$2,586,261$1,526,674$6,442,710
75$11,898,746$2,626,759$1,491,589$6,929,246
76$13,023,473$2,666,525$1,452,612$7,461,896
77$14,260,120$2,705,438$1,409,528$8,045,332
78$15,620,015$2,743,367$1,362,110$8,684,703
79$17,115,639$2,780,174$1,310,122$9,385,686
80$18,760,741$2,815,710$1,253,318$10,154,540
81$20,570,472$2,849,815$1,191,440$10,998,166
82$22,561,523$2,882,319$1,124,216$11,924,170
83$24,752,287$2,913,041$1,051,366$12,940,940
84$27,163,028$2,941,787$972,594$14,057,722
85$29,816,073$2,968,352$887,593$15,284,710
86$32,736,025$2,992,514$796,040$16,633,142
87$35,949,992$3,014,039$697,600$18,115,407
88$39,487,843$3,032,679$591,921$19,745,162
89$43,382,489$3,048,166$478,636$21,537,464
90$47,670,196$3,060,220$357,364$23,508,913
91$52,390,925$3,068,539$227,704$25,677,804
92$57,588,706$3,072,804$89,239$28,064,311
93$63,312,058$3,072,676$0$30,690,669
94$69,614,446$3,067,795$0$33,590,758
95$76,554,781$3,057,778$0$36,798,083
96$84,197,979$3,042,220$0$40,328,209
97$92,615,574$3,020,690$0$44,214,048
98$101,886,390$2,992,731$0$48,491,878
99$112,097,286$2,957,859$0$53,201,682
100$123,343,975$2,915,560$0$58,387,528