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%20%
1 years$82,579$81,843$81,126$80,425$79,741$76,547
2 years$40,881$40,119$39,381$38,666$37,972$34,794
3 years$26,983$26,218$25,482$24,774$24,091$21,029
4 years$20,036$19,273$18,545$17,848$17,182$14,260
5 years$15,868$15,111$14,391$13,709$13,061$10,286
6 years$13,091$12,339$11,630$10,963$10,335$7,709
7 years$11,108$10,362$9,665$9,013$8,405$5,927
8 years$9,621$8,882$8,197$7,561$6,973$4,639
9 years$8,466$7,734$7,060$6,440$5,872$3,680
10 years$7,542$6,817$6,155$5,552$5,003$2,949
11 years$6,786$6,069$5,419$4,832$4,303$2,381
12 years$6,157$5,447$4,809$4,238$3,729$1,934
13 years$5,625$4,922$4,296$3,742$3,252$1,578
14 years$5,170$4,474$3,860$3,321$2,850$1,293
15 years$4,775$4,087$3,485$2,962$2,510$1,063
16 years$4,430$3,750$3,160$2,652$2,218$875
17 years$4,126$3,454$2,875$2,383$1,967$723
18 years$3,857$3,191$2,625$2,148$1,749$597
19 years$3,615$2,958$2,403$1,940$1,559$495
20 years$3,399$2,748$2,205$1,757$1,392$410
21 years$3,203$2,560$2,029$1,595$1,246$340
22 years$3,025$2,390$1,870$1,450$1,117$282
23 years$2,863$2,235$1,726$1,321$1,002$235
24 years$2,714$2,094$1,596$1,205$901$195
25 years$2,578$1,965$1,479$1,100$811$162
26 years$2,453$1,847$1,371$1,006$730$135
27 years$2,336$1,738$1,273$921$658$112
28 years$2,229$1,638$1,184$844$594$93
29 years$2,129$1,545$1,102$774$537$78
30 years$2,036$1,459$1,026$710$485$65
31 years$1,949$1,380$957$652$438$54
32 years$1,867$1,305$893$599$396$45
33 years$1,791$1,236$833$551$359$37
34 years$1,719$1,172$779$507$325$31
35 years$1,652$1,111$728$467$294$26
36 years$1,588$1,055$681$430$267$22
37 years$1,528$1,002$637$396$242$18
38 years$1,472$952$597$365$219$15
39 years$1,418$905$559$337$199$13
40 years$1,367$861$524$310$180$10
41 years$1,319$820$492$286$163$9
42 years$1,273$781$461$264$148$7
43 years$1,230$744$433$244$135$6
44 years$1,188$709$406$225$122$5
45 years$1,149$676$381$208$111$4
46 years$1,111$645$358$192$101$3
47 years$1,075$616$336$178$91$3
48 years$1,041$588$316$164$83$2
49 years$1,008$561$297$152$75$2
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 $2,836 every year, while hoping to spend $25,484 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: 59/14/27 Blend
51$1,000,000$1,000,000$1,000,000$1,000,000
52$1,104,925$1,051,925$1,036,425$1,161,873
53$1,190,513$1,076,355$1,044,031$1,225,516
54$1,283,976$1,101,127$1,051,037$1,291,942
55$1,386,092$1,126,233$1,057,397$1,363,864
56$1,497,715$1,151,659$1,063,061$1,441,823
57$1,619,786$1,177,395$1,067,977$1,526,414
58$1,753,341$1,203,424$1,072,092$1,618,293
59$1,899,521$1,229,731$1,075,346$1,718,184
60$2,059,583$1,256,299$1,077,681$1,826,885
61$2,234,910$1,283,107$1,079,033$1,945,274
62$2,427,026$1,310,134$1,079,336$2,074,320
63$2,637,608$1,337,357$1,078,519$2,215,093
64$2,868,505$1,364,749$1,076,511$2,368,769
65$3,121,753$1,392,281$1,073,234$2,536,645
66$3,399,592$1,419,923$1,068,607$2,720,154
67$3,704,493$1,447,642$1,062,548$2,920,871
68$4,039,175$1,475,400$1,054,967$3,140,536
69$4,406,634$1,503,158$1,045,772$3,381,066
70$4,810,172$1,530,874$1,034,867$3,644,571
71$5,253,423$1,558,501$1,022,148$3,933,383
72$5,740,394$1,585,988$1,007,511$4,250,067
73$6,275,495$1,613,283$990,845$4,597,455
74$6,863,589$1,640,327$972,031$4,978,664
75$7,510,030$1,667,058$950,949$5,397,135
76$8,220,718$1,693,409$927,471$5,856,657
77$9,002,154$1,719,308$901,464$6,361,410
78$9,861,497$1,744,679$872,787$6,915,998
79$10,806,640$1,769,438$841,295$7,525,500
80$11,846,274$1,793,497$806,835$8,195,513
81$12,989,977$1,816,761$769,247$8,932,204
82$14,248,303$1,839,131$728,365$9,742,374
83$15,632,878$1,860,496$684,013$10,633,518
84$17,156,514$1,880,743$636,010$11,613,899
85$18,833,327$1,899,749$584,166$12,692,624
86$20,678,871$1,917,381$528,280$13,879,730
87$22,710,284$1,933,500$468,145$15,186,281
88$24,946,449$1,947,958$403,543$16,624,474
89$27,408,173$1,960,594$334,249$18,207,750
90$30,118,385$1,971,242$260,025$19,950,926
91$33,102,348$1,979,720$180,623$21,870,333
92$36,387,900$1,985,839$95,786$23,983,969
93$40,005,715$1,989,394$5,244$26,311,675
94$43,989,594$1,990,170$0$28,875,316
95$48,376,782$1,987,939$0$31,725,319
96$53,208,321$1,982,455$0$34,865,247
97$58,529,437$1,973,462$0$38,322,951
98$64,389,963$1,960,685$0$42,130,793
99$70,844,814$1,943,833$0$46,324,433
100$77,954,502$1,922,599$0$50,943,170