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%17.6%
1 years$132,127$130,950$129,801$128,681$127,586$123,651
2 years$65,409$64,191$63,010$61,866$60,755$56,825
3 years$43,173$41,950$40,772$39,638$38,546$34,743
4 years$32,057$30,837$29,671$28,557$27,491$23,846
5 years$25,389$24,177$23,026$21,934$20,898$17,421
6 years$20,945$19,742$18,609$17,541$16,536$13,229
7 years$17,773$16,579$15,464$14,422$13,448$10,311
8 years$15,394$14,212$13,115$12,098$11,157$8,187
9 years$13,545$12,374$11,296$10,305$9,396$6,591
10 years$12,067$10,907$9,848$8,883$8,005$5,361
11 years$10,858$9,710$8,670$7,731$6,885$4,397
12 years$9,851$8,715$7,694$6,781$5,966$3,629
13 years$9,000$7,876$6,874$5,986$5,203$3,011
14 years$8,271$7,159$6,177$5,314$4,561$2,508
15 years$7,640$6,540$5,577$4,739$4,016$2,097
16 years$7,089$6,000$5,056$4,243$3,549$1,758
17 years$6,602$5,526$4,601$3,813$3,147$1,477
18 years$6,171$5,106$4,200$3,436$2,798$1,243
19 years$5,785$4,732$3,845$3,105$2,494$1,048
20 years$5,438$4,398$3,529$2,812$2,228$885
21 years$5,124$4,096$3,246$2,552$1,993$748
22 years$4,840$3,824$2,991$2,320$1,787$633
23 years$4,581$3,576$2,762$2,113$1,604$536
24 years$4,343$3,351$2,554$1,927$1,442$454
25 years$4,125$3,144$2,366$1,760$1,297$385
26 years$3,924$2,955$2,194$1,609$1,169$326
27 years$3,738$2,781$2,038$1,473$1,054$277
28 years$3,566$2,621$1,894$1,350$951$235
29 years$3,406$2,472$1,763$1,238$858$199
30 years$3,257$2,335$1,642$1,136$776$169
31 years$3,118$2,207$1,531$1,043$701$144
32 years$2,987$2,088$1,428$959$634$122
33 years$2,865$1,978$1,333$882$574$104
34 years$2,751$1,875$1,246$811$520$88
35 years$2,643$1,778$1,165$747$471$75
36 years$2,541$1,688$1,090$688$427$64
37 years$2,445$1,603$1,020$634$387$54
38 years$2,355$1,523$955$584$350$46
39 years$2,269$1,448$895$539$318$39
40 years$2,187$1,378$839$497$288$33
41 years$2,110$1,312$786$458$262$28
42 years$2,037$1,249$738$423$237$24
43 years$1,967$1,190$692$390$215$20
44 years$1,901$1,135$650$361$195$17
45 years$1,838$1,082$610$333$177$15
46 years$1,778$1,032$573$308$161$13
47 years$1,720$985$538$284$146$11
48 years$1,665$940$506$263$133$9
49 years$1,612$898$476$243$121$8
50 years$1,562$858$447$224$110$7

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 $2,716 every year, while hoping to spend $57,963 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: 59/18/23 Blend
51$1,600,000$1,600,000$1,600,000$1,600,000
52$1,766,002$1,681,202$1,656,402$1,859,183
53$1,884,462$1,701,908$1,650,219$1,943,589
54$2,013,062$1,721,687$1,641,886$2,029,106
55$2,152,775$1,740,431$1,631,271$2,121,114
56$2,304,673$1,758,026$1,618,233$2,220,256
57$2,469,931$1,774,352$1,602,626$2,327,241
58$2,649,847$1,789,278$1,584,296$2,442,849
59$2,845,846$1,802,667$1,563,085$2,567,943
60$3,059,497$1,814,372$1,538,823$2,703,477
61$3,292,526$1,824,237$1,511,334$2,850,501
62$3,546,835$1,832,095$1,480,434$3,010,178
63$3,824,515$1,837,771$1,445,932$3,183,787
64$4,127,869$1,841,075$1,407,624$3,372,743
65$4,459,433$1,841,809$1,365,301$3,578,607
66$4,821,998$1,839,760$1,318,741$3,803,101
67$5,218,637$1,834,704$1,267,714$4,048,127
68$5,652,734$1,826,401$1,211,979$4,315,782
69$6,128,016$1,814,597$1,151,283$4,608,381
70$6,648,586$1,799,025$1,085,363$4,928,480
71$7,218,962$1,779,398$1,013,943$5,278,897
72$7,844,122$1,755,414$936,736$5,662,743
73$8,529,546$1,726,753$853,440$6,083,449
74$9,281,271$1,693,075$763,742$6,544,802
75$10,105,945$1,654,021$667,312$7,050,978
76$11,010,894$1,609,209$563,809$7,606,588
77$12,004,182$1,558,238$452,874$8,216,714
78$13,094,696$1,500,679$334,133$8,886,965
79$14,292,225$1,436,082$207,196$9,623,527
80$15,607,550$1,363,969$71,656$10,433,224
81$17,052,551$1,283,833$0$11,323,582
82$18,640,312$1,195,142$0$12,320,817
83$20,385,249$1,097,329$0$13,436,103
84$22,303,244$989,798$0$14,662,047
85$24,411,794$871,917$0$16,009,908
86$26,730,174$743,018$0$17,492,090
87$29,279,623$602,398$0$19,122,269
88$32,083,540$449,310$0$20,915,515
89$35,167,704$282,969$0$22,888,443
90$38,560,520$102,545$0$25,059,360
91$42,293,282$0$0$27,448,450
92$46,400,474$0$0$30,096,344
93$50,920,087$0$0$33,032,628
94$55,893,984$0$0$36,264,207
95$61,368,290$0$0$39,821,067
96$67,393,828$0$0$43,736,252
97$74,026,600$0$0$48,046,168
98$81,328,310$0$0$52,790,934
99$89,366,951$0$0$58,014,754
100$98,217,442$0$0$63,766,336