Can I retire at age 52 with 1,010,000?

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 $1,010,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$83,405$82,662$81,937$81,230$80,539$79,532
2 years$41,290$40,521$39,775$39,053$38,352$37,339
3 years$27,253$26,481$25,737$25,021$24,332$23,345
4 years$20,236$19,466$18,730$18,027$17,354$16,399
5 years$16,027$15,262$14,535$13,846$13,192$12,273
6 years$13,222$12,462$11,747$11,073$10,438$9,556
7 years$11,219$10,466$9,762$9,104$8,489$7,644
8 years$9,717$8,971$8,279$7,637$7,043$6,234
9 years$8,550$7,811$7,130$6,505$5,931$5,159
10 years$7,617$6,885$6,216$5,607$5,053$4,318
11 years$6,854$6,129$5,473$4,880$4,346$3,646
12 years$6,219$5,501$4,857$4,280$3,766$3,101
13 years$5,681$4,972$4,339$3,779$3,284$2,652
14 years$5,221$4,519$3,899$3,355$2,879$2,280
15 years$4,823$4,128$3,520$2,992$2,535$1,968
16 years$4,475$3,788$3,192$2,679$2,240$1,704
17 years$4,168$3,488$2,904$2,407$1,986$1,480
18 years$3,895$3,223$2,651$2,169$1,766$1,288
19 years$3,652$2,987$2,427$1,960$1,574$1,124
20 years$3,433$2,776$2,227$1,775$1,406$983
21 years$3,235$2,586$2,049$1,611$1,258$860
22 years$3,055$2,414$1,888$1,465$1,128$754
23 years$2,891$2,257$1,743$1,334$1,013$662
24 years$2,742$2,115$1,612$1,217$910$581
25 years$2,604$1,985$1,493$1,111$819$511
26 years$2,477$1,865$1,385$1,016$738$450
27 years$2,360$1,756$1,286$930$665$396
28 years$2,251$1,654$1,196$852$600$349
29 years$2,150$1,561$1,113$781$542$308
30 years$2,056$1,474$1,036$717$490$271
31 years$1,968$1,393$966$659$443$239
32 years$1,886$1,318$901$605$400$211
33 years$1,809$1,248$842$557$362$186
34 years$1,736$1,183$786$512$328$165
35 years$1,668$1,122$735$471$297$145
36 years$1,604$1,065$688$434$269$129
37 years$1,544$1,012$644$400$244$114
38 years$1,486$962$603$369$221$100
39 years$1,432$914$565$340$201$89
40 years$1,381$870$529$314$182$78
41 years$1,332$828$496$289$165$69
42 years$1,286$789$466$267$150$61
43 years$1,242$751$437$246$136$54
44 years$1,200$716$410$228$123$48
45 years$1,160$683$385$210$112$42
46 years$1,122$652$362$194$102$38
47 years$1,086$622$340$179$92$33
48 years$1,051$594$319$166$84$29
49 years$1,018$567$300$153$76$26
50 years$986$541$282$142$69$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,010,000, adding $5,902 every year, while hoping to spend $35,426 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: 36/42/22 Blend
51$1,010,000$1,010,000$1,010,000$1,010,000
52$1,119,108$1,065,578$1,049,923$1,151,772
53$1,195,564$1,080,098$1,047,402$1,190,759
54$1,278,631$1,094,143$1,043,610$1,229,116
55$1,368,946$1,107,651$1,038,466$1,269,807
56$1,467,211$1,120,557$1,031,886$1,313,062
57$1,574,195$1,132,793$1,023,783$1,359,138
58$1,690,747$1,144,284$1,014,064$1,408,316
59$1,817,801$1,154,952$1,002,633$1,460,912
60$1,956,384$1,164,713$989,389$1,517,272
61$2,107,628$1,173,476$974,226$1,577,782
62$2,272,777$1,181,147$957,033$1,642,869
63$2,453,202$1,187,624$937,695$1,713,005
64$2,650,410$1,192,800$916,090$1,788,715
65$2,866,064$1,196,560$892,091$1,870,577
66$3,101,992$1,198,780$865,566$1,959,233
67$3,360,208$1,199,333$836,375$2,055,393
68$3,642,929$1,198,080$804,373$2,159,844
69$3,952,596$1,194,875$769,408$2,273,456
70$4,291,900$1,189,562$731,322$2,397,190
71$4,663,801$1,181,978$689,949$2,532,112
72$5,071,560$1,171,947$645,114$2,679,400
73$5,518,771$1,159,284$596,637$2,840,354
74$6,009,390$1,143,793$544,328$3,016,417
75$6,547,774$1,125,266$487,990$3,209,180
76$7,138,725$1,103,481$427,415$3,420,403
77$7,787,529$1,078,206$362,388$3,652,032
78$8,500,012$1,049,194$292,683$3,906,219
79$9,282,591$1,016,181$218,065$4,185,340
80$10,142,333$978,892$138,288$4,492,021
81$11,087,025$937,032$53,095$4,829,164
82$12,125,247$890,292$0$5,199,975
83$13,266,449$838,343$0$5,616,873
84$14,521,042$780,837$0$6,088,770
85$15,900,499$717,409$0$6,607,577
86$17,417,457$647,669$0$7,178,138
87$19,085,841$571,208$0$7,805,794
88$20,920,992$487,592$0$8,496,441
89$22,939,813$396,364$0$9,256,582
90$25,160,927$297,039$0$10,093,392
91$27,604,854$189,106$0$11,014,785
92$30,294,203$72,027$0$12,029,493
93$33,253,886$0$0$13,147,147
94$36,511,352$0$0$14,403,684
95$40,096,844$0$0$15,823,566
96$44,043,689$0$0$17,386,723
97$48,388,606$0$0$19,107,721
98$53,172,058$0$0$21,002,608
99$58,438,627$0$0$23,089,069
100$64,237,442$0$0$25,386,592