Can I retire at age 52 with 1,600,000?

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 $1,600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$132,127$130,950$129,801$128,681$127,586$125,113
2 years$65,409$64,191$63,010$61,866$60,755$58,273
3 years$43,173$41,950$40,772$39,638$38,546$36,132
4 years$32,057$30,837$29,671$28,557$27,491$25,165
5 years$25,389$24,177$23,026$21,934$20,898$18,667
6 years$20,945$19,742$18,609$17,541$16,536$14,401
7 years$17,773$16,579$15,464$14,422$13,448$11,410
8 years$15,394$14,212$13,115$12,098$11,157$9,215
9 years$13,545$12,374$11,296$10,305$9,396$7,549
10 years$12,067$10,907$9,848$8,883$8,005$6,253
11 years$10,858$9,710$8,670$7,731$6,885$5,224
12 years$9,851$8,715$7,694$6,781$5,966$4,394
13 years$9,000$7,876$6,874$5,986$5,203$3,717
14 years$8,271$7,159$6,177$5,314$4,561$3,159
15 years$7,640$6,540$5,577$4,739$4,016$2,695
16 years$7,089$6,000$5,056$4,243$3,549$2,306
17 years$6,602$5,526$4,601$3,813$3,147$1,979
18 years$6,171$5,106$4,200$3,436$2,798$1,702
19 years$5,785$4,732$3,845$3,105$2,494$1,466
20 years$5,438$4,398$3,529$2,812$2,228$1,265
21 years$5,124$4,096$3,246$2,552$1,993$1,094
22 years$4,840$3,824$2,991$2,320$1,787$946
23 years$4,581$3,576$2,762$2,113$1,604$820
24 years$4,343$3,351$2,554$1,927$1,442$710
25 years$4,125$3,144$2,366$1,760$1,297$616
26 years$3,924$2,955$2,194$1,609$1,169$535
27 years$3,738$2,781$2,038$1,473$1,054$465
28 years$3,566$2,621$1,894$1,350$951$404
29 years$3,406$2,472$1,763$1,238$858$351
30 years$3,257$2,335$1,642$1,136$776$305
31 years$3,118$2,207$1,531$1,043$701$266
32 years$2,987$2,088$1,428$959$634$231
33 years$2,865$1,978$1,333$882$574$201
34 years$2,751$1,875$1,246$811$520$175
35 years$2,643$1,778$1,165$747$471$153
36 years$2,541$1,688$1,090$688$427$133
37 years$2,445$1,603$1,020$634$387$116
38 years$2,355$1,523$955$584$350$101
39 years$2,269$1,448$895$539$318$88
40 years$2,187$1,378$839$497$288$77
41 years$2,110$1,312$786$458$262$67
42 years$2,037$1,249$738$423$237$58
43 years$1,967$1,190$692$390$215$51
44 years$1,901$1,135$650$361$195$44
45 years$1,838$1,082$610$333$177$38
46 years$1,778$1,032$573$308$161$34
47 years$1,720$985$538$284$146$29
48 years$1,665$940$506$263$133$25
49 years$1,612$898$476$243$121$22
50 years$1,562$858$447$224$110$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,600,000, adding $4,804 every year, while hoping to spend $53,003 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: 61/28/11 Blend
51$1,600,000$1,600,000$1,600,000$1,600,000
52$1,768,155$1,683,355$1,658,555$1,871,183
53$1,892,112$1,709,445$1,657,722$1,966,963
54$2,026,937$1,735,037$1,655,085$2,064,952
55$2,173,681$1,760,050$1,650,526$2,170,571
56$2,333,502$1,784,398$1,643,925$2,284,558
57$2,507,676$1,807,991$1,635,153$2,407,729
58$2,697,605$1,830,728$1,624,077$2,540,982
59$2,904,831$1,852,504$1,610,554$2,685,308
60$3,131,056$1,873,209$1,594,439$2,841,800
61$3,378,148$1,892,720$1,575,577$3,011,663
62$3,648,166$1,910,911$1,553,807$3,196,224
63$3,943,378$1,927,645$1,528,958$3,396,948
64$4,266,280$1,942,776$1,500,855$3,615,451
65$4,619,618$1,956,150$1,469,312$3,853,514
66$5,006,420$1,967,602$1,434,134$4,113,099
67$5,430,017$1,976,957$1,395,120$4,396,374
68$5,894,078$1,984,027$1,352,056$4,705,725
69$6,402,645$1,988,616$1,304,721$5,043,785
70$6,960,168$1,990,511$1,252,883$5,413,459
71$7,571,549$1,989,490$1,196,298$5,817,948
72$8,242,186$1,985,314$1,134,713$6,260,783
73$8,978,026$1,977,731$1,067,862$6,745,857
74$9,785,618$1,966,473$995,469$7,277,463
75$10,672,177$1,951,257$917,244$7,860,335
76$11,645,651$1,931,780$832,883$8,499,692
77$12,714,794$1,907,723$742,071$9,201,290
78$13,889,250$1,878,749$644,477$9,971,475
79$15,179,643$1,844,497$539,757$10,817,245
80$16,597,677$1,804,588$427,550$11,746,314
81$18,156,247$1,758,620$307,479$12,767,191
82$19,869,558$1,706,166$179,153$13,889,254
83$21,753,259$1,646,774$42,162$15,122,845
84$23,824,594$1,579,969$0$16,479,367
85$26,102,559$1,505,243$0$17,983,600
86$28,608,083$1,422,064$0$19,643,269
87$31,364,228$1,329,865$0$21,468,756
88$34,396,400$1,228,050$0$23,476,963
89$37,732,594$1,115,985$0$25,686,525
90$41,403,654$993,004$0$28,117,978
91$45,443,566$858,400$0$30,793,961
92$49,889,776$711,428$0$33,739,427
93$54,783,545$551,300$0$36,981,881
94$60,170,336$377,184$0$40,551,639
95$66,100,245$188,200$0$44,482,118
96$72,628,469$0$0$48,810,151
97$79,815,830$0$0$53,581,443
98$87,729,350$0$0$58,898,789
99$96,442,875$0$0$64,753,845
100$106,037,782$0$0$71,201,308