Can I retire at age 52 with 1,020,000?

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 $1,020,000?

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$84,231$83,480$82,748$82,034$81,336$78,827
2 years$41,698$40,922$40,169$39,439$38,732$36,226
3 years$27,523$26,743$25,992$25,269$24,573$22,149
4 years$20,436$19,659$18,916$18,205$17,526$15,202
5 years$16,186$15,413$14,679$13,983$13,323$11,106
6 years$13,353$12,586$11,863$11,182$10,542$8,433
7 years$11,330$10,569$9,858$9,194$8,573$6,573
8 years$9,814$9,060$8,361$7,712$7,112$5,219
9 years$8,635$7,888$7,201$6,569$5,990$4,202
10 years$7,692$6,953$6,278$5,663$5,103$3,418
11 years$6,922$6,190$5,527$4,928$4,389$2,803
12 years$6,280$5,556$4,905$4,323$3,804$2,314
13 years$5,738$5,021$4,382$3,816$3,317$1,919
14 years$5,273$4,564$3,938$3,388$2,907$1,599
15 years$4,871$4,169$3,555$3,021$2,560$1,337
16 years$4,519$3,825$3,223$2,705$2,262$1,120
17 years$4,209$3,523$2,933$2,431$2,006$941
18 years$3,934$3,255$2,677$2,190$1,784$792
19 years$3,688$3,017$2,451$1,979$1,590$668
20 years$3,467$2,803$2,249$1,793$1,420$564
21 years$3,267$2,611$2,069$1,627$1,271$477
22 years$3,085$2,438$1,907$1,479$1,139$403
23 years$2,920$2,280$1,761$1,347$1,023$341
24 years$2,769$2,136$1,628$1,229$919$289
25 years$2,630$2,005$1,508$1,122$827$245
26 years$2,502$1,884$1,399$1,026$745$208
27 years$2,383$1,773$1,299$939$672$176
28 years$2,273$1,671$1,208$860$606$150
29 years$2,171$1,576$1,124$789$547$127
30 years$2,076$1,488$1,047$724$494$108
31 years$1,988$1,407$976$665$447$92
32 years$1,905$1,331$910$611$404$78
33 years$1,827$1,261$850$562$366$66
34 years$1,754$1,195$794$517$331$56
35 years$1,685$1,133$743$476$300$48
36 years$1,620$1,076$695$438$272$41
37 years$1,559$1,022$650$404$246$35
38 years$1,501$971$609$372$223$29
39 years$1,446$923$570$343$203$25
40 years$1,395$879$535$317$184$21
41 years$1,345$836$501$292$167$18
42 years$1,299$796$470$270$151$15
43 years$1,254$759$441$249$137$13
44 years$1,212$723$414$230$125$11
45 years$1,172$690$389$212$113$9
46 years$1,133$658$365$196$103$8
47 years$1,097$628$343$181$93$7
48 years$1,061$599$323$167$85$6
49 years$1,028$572$303$155$77$5
50 years$996$547$285$143$70$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,020,000, adding $3,919 every year, while hoping to spend $49,277 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: 37/40/23 Blend
51$1,020,000$1,020,000$1,020,000$1,020,000
52$1,128,082$1,074,022$1,058,212$1,161,904
53$1,190,717$1,074,219$1,041,232$1,187,162
54$1,258,088$1,072,774$1,022,032$1,209,568
55$1,330,627$1,069,554$1,000,484$1,232,784
56$1,408,808$1,064,420$976,458$1,256,910
57$1,493,152$1,057,221$949,814$1,282,064
58$1,584,228$1,047,800$920,407$1,308,378
59$1,682,666$1,035,989$888,087$1,336,002
60$1,789,155$1,021,609$852,695$1,365,104
61$1,904,453$1,004,473$814,066$1,395,877
62$2,029,396$984,381$772,025$1,428,535
63$2,164,900$961,120$726,393$1,463,320
64$2,311,972$934,468$676,981$1,500,505
65$2,471,724$904,187$623,589$1,540,396
66$2,645,373$870,026$566,013$1,583,335
67$2,834,263$831,720$504,037$1,629,709
68$3,039,871$788,986$437,435$1,679,946
69$3,263,820$741,529$365,972$1,734,531
70$3,507,900$689,034$289,402$1,794,000
71$3,774,077$631,169$207,468$1,858,957
72$4,064,519$567,582$119,904$1,930,074
73$4,381,608$497,902$26,429$2,008,100
74$4,727,970$421,736$0$2,093,872
75$5,106,492$338,671$0$2,206,317
76$5,520,356$248,268$0$2,336,569
77$5,973,065$150,065$0$2,479,368
78$6,468,472$43,573$0$2,636,082
79$7,010,825$0$0$2,808,223
80$7,604,800$0$0$3,029,040
81$8,255,543$0$0$3,292,115
82$8,968,727$0$0$3,580,578
83$9,750,596$0$0$3,896,972
84$10,608,028$0$0$4,244,102
85$11,548,599$0$0$4,625,051
86$12,580,652$0$0$5,043,222
87$13,713,378$0$0$5,502,358
88$14,956,902$0$0$6,006,584
89$16,322,375$0$0$6,560,446
90$17,822,082$0$0$7,168,949
91$19,469,557$0$0$7,837,609
92$21,279,707$0$0$8,572,501
93$23,268,956$0$0$9,380,319
94$25,455,398$0$0$10,268,437
95$27,858,967$0$0$11,244,979
96$30,501,625$0$0$12,318,898
97$33,407,566$0$0$13,500,055
98$36,603,449$0$0$14,799,315
99$40,118,643$0$0$16,228,651
100$43,985,510$0$0$17,801,254