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

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 $1,000,000?

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 years$82,579$81,843$81,126$80,425$79,741$76,851
2 years$40,881$40,119$39,381$38,666$37,972$35,092
3 years$26,983$26,218$25,482$24,774$24,091$21,311
4 years$20,036$19,273$18,545$17,848$17,182$14,524
5 years$15,868$15,111$14,391$13,709$13,061$10,532
6 years$13,091$12,339$11,630$10,963$10,335$7,937
7 years$11,108$10,362$9,665$9,013$8,405$6,137
8 years$9,621$8,882$8,197$7,561$6,973$4,833
9 years$8,466$7,734$7,060$6,440$5,872$3,857
10 years$7,542$6,817$6,155$5,552$5,003$3,110
11 years$6,786$6,069$5,419$4,832$4,303$2,528
12 years$6,157$5,447$4,809$4,238$3,729$2,067
13 years$5,625$4,922$4,296$3,742$3,252$1,699
14 years$5,170$4,474$3,860$3,321$2,850$1,401
15 years$4,775$4,087$3,485$2,962$2,510$1,160
16 years$4,430$3,750$3,160$2,652$2,218$962
17 years$4,126$3,454$2,875$2,383$1,967$800
18 years$3,857$3,191$2,625$2,148$1,749$667
19 years$3,615$2,958$2,403$1,940$1,559$556
20 years$3,399$2,748$2,205$1,757$1,392$465
21 years$3,203$2,560$2,029$1,595$1,246$388
22 years$3,025$2,390$1,870$1,450$1,117$325
23 years$2,863$2,235$1,726$1,321$1,002$272
24 years$2,714$2,094$1,596$1,205$901$228
25 years$2,578$1,965$1,479$1,100$811$191
26 years$2,453$1,847$1,371$1,006$730$160
27 years$2,336$1,738$1,273$921$658$134
28 years$2,229$1,638$1,184$844$594$113
29 years$2,129$1,545$1,102$774$537$95
30 years$2,036$1,459$1,026$710$485$79
31 years$1,949$1,380$957$652$438$67
32 years$1,867$1,305$893$599$396$56
33 years$1,791$1,236$833$551$359$47
34 years$1,719$1,172$779$507$325$40
35 years$1,652$1,111$728$467$294$33
36 years$1,588$1,055$681$430$267$28
37 years$1,528$1,002$637$396$242$23
38 years$1,472$952$597$365$219$20
39 years$1,418$905$559$337$199$17
40 years$1,367$861$524$310$180$14
41 years$1,319$820$492$286$163$12
42 years$1,273$781$461$264$148$10
43 years$1,230$744$433$244$135$8
44 years$1,188$709$406$225$122$7
45 years$1,149$676$381$208$111$6
46 years$1,111$645$358$192$101$5
47 years$1,075$616$336$178$91$4
48 years$1,041$588$316$164$83$3
49 years$1,008$561$297$152$75$3
50 years$976$536$279$140$69$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,000,000, adding $2,287 every year, while hoping to spend $41,078 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: 64/26/10 Blend
51$1,000,000$1,000,000$1,000,000$1,000,000
52$1,104,359$1,051,359$1,035,859$1,172,494
53$1,173,297$1,059,169$1,026,854$1,226,062
54$1,247,890$1,065,985$1,016,170$1,279,538
55$1,328,671$1,071,714$1,003,708$1,336,902
56$1,416,227$1,076,260$989,364$1,398,530
57$1,511,203$1,079,517$973,028$1,464,837
58$1,614,307$1,081,376$954,586$1,536,283
59$1,726,321$1,081,717$933,919$1,613,372
60$1,848,102$1,080,417$910,902$1,696,663
61$1,980,594$1,077,343$885,402$1,786,772
62$2,124,835$1,072,354$857,284$1,884,379
63$2,281,969$1,065,300$826,404$1,990,235
64$2,453,253$1,056,023$792,612$2,105,169
65$2,640,072$1,044,355$755,751$2,230,094
66$2,843,949$1,030,118$715,658$2,366,020
67$3,066,561$1,013,123$672,162$2,514,061
68$3,309,754$993,170$625,083$2,675,446
69$3,575,560$970,047$574,235$2,851,530
70$3,866,217$943,529$519,422$3,043,811
71$4,184,189$913,379$460,440$3,253,941
72$4,532,187$879,346$397,076$3,483,743
73$4,913,200$841,164$329,108$3,735,227
74$5,330,516$798,551$256,302$4,010,613
75$5,787,757$751,209$178,417$4,312,350
76$6,288,914$698,823$95,199$4,643,139
77$6,838,378$641,061$6,384$5,005,961
78$7,440,990$577,570$0$5,404,104
79$8,102,079$507,979$0$5,850,629
80$8,827,516$431,894$0$6,341,445
81$9,623,766$348,900$0$6,880,319
82$10,497,952$258,559$0$7,472,154
83$11,457,922$160,407$0$8,122,357
84$12,512,317$53,954$0$8,836,890
85$13,670,660$0$0$9,622,328
86$14,943,440$0$0$10,503,463
87$16,342,212$0$0$11,488,860
88$17,879,707$0$0$12,572,059
89$19,569,949$0$0$13,762,952
90$21,428,392$0$0$15,072,436
91$23,472,058$0$0$16,512,514
92$25,719,705$0$0$18,096,416
93$28,191,997$0$0$19,838,714
94$30,911,702$0$0$21,755,464
95$33,903,907$0$0$23,864,360
96$37,196,251$0$0$26,184,892
97$40,819,191$0$0$28,738,539
98$44,806,282$0$0$31,548,966
99$49,194,497$0$0$34,642,248
100$54,024,576$0$0$38,047,117