Can I retire at age 52 with 1,050,000?

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 $1,050,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$86,708$85,936$85,182$84,447$83,728$81,113
2 years$42,925$42,125$41,351$40,599$39,871$37,259
3 years$28,332$27,529$26,757$26,012$25,296$22,770
4 years$21,037$20,237$19,472$18,740$18,041$15,620
5 years$16,662$15,866$15,111$14,394$13,715$11,405
6 years$13,745$12,956$12,212$11,511$10,852$8,656
7 years$11,663$10,880$10,148$9,464$8,825$6,743
8 years$10,102$9,326$8,606$7,939$7,322$5,351
9 years$8,889$8,120$7,413$6,762$6,166$4,305
10 years$7,919$7,158$6,463$5,829$5,254$3,500
11 years$7,125$6,372$5,690$5,073$4,518$2,868
12 years$6,465$5,719$5,049$4,450$3,915$2,366
13 years$5,906$5,168$4,511$3,929$3,414$1,961
14 years$5,428$4,698$4,053$3,487$2,993$1,633
15 years$5,014$4,292$3,660$3,110$2,635$1,364
16 years$4,652$3,938$3,318$2,785$2,329$1,143
17 years$4,333$3,626$3,019$2,502$2,065$959
18 years$4,049$3,351$2,756$2,255$1,836$807
19 years$3,796$3,106$2,523$2,037$1,637$680
20 years$3,569$2,886$2,316$1,845$1,462$574
21 years$3,363$2,688$2,130$1,675$1,308$484
22 years$3,176$2,509$1,963$1,523$1,173$409
23 years$3,006$2,347$1,813$1,387$1,053$346
24 years$2,850$2,199$1,676$1,265$946$293
25 years$2,707$2,063$1,553$1,155$851$248
26 years$2,575$1,939$1,440$1,056$767$210
27 years$2,453$1,825$1,337$967$691$178
28 years$2,340$1,720$1,243$886$624$151
29 years$2,235$1,622$1,157$812$563$128
30 years$2,137$1,532$1,077$745$509$109
31 years$2,046$1,448$1,004$685$460$92
32 years$1,961$1,371$937$629$416$78
33 years$1,880$1,298$875$579$377$67
34 years$1,805$1,230$818$532$341$57
35 years$1,734$1,167$764$490$309$48
36 years$1,668$1,107$715$451$280$41
37 years$1,605$1,052$669$416$254$35
38 years$1,545$1,000$627$383$230$29
39 years$1,489$951$587$353$209$25
40 years$1,436$904$550$326$189$21
41 years$1,385$861$516$301$172$18
42 years$1,337$820$484$278$156$15
43 years$1,291$781$454$256$141$13
44 years$1,248$745$426$237$128$11
45 years$1,206$710$400$218$116$9
46 years$1,167$677$376$202$106$8
47 years$1,129$646$353$186$96$7
48 years$1,093$617$332$172$87$6
49 years$1,058$589$312$159$79$5
50 years$1,025$563$293$147$72$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,050,000, adding $4,197 every year, while hoping to spend $43,871 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: 70/8/22 Blend
51$1,050,000$1,050,000$1,050,000$1,050,000
52$1,161,429$1,105,779$1,089,504$1,236,086
53$1,233,217$1,113,284$1,079,324$1,293,996
54$1,310,856$1,119,686$1,067,333$1,351,819
55$1,394,898$1,124,885$1,053,423$1,414,048
56$1,485,947$1,128,775$1,037,483$1,481,115
57$1,584,670$1,131,241$1,019,395$1,553,498
58$1,691,798$1,132,164$999,036$1,631,723
59$1,808,137$1,131,414$976,279$1,716,371
60$1,934,570$1,128,857$950,988$1,808,083
61$2,072,073$1,124,348$923,023$1,907,567
62$2,221,717$1,117,734$892,236$2,015,603
63$2,384,681$1,108,851$858,475$2,133,052
64$2,562,262$1,097,528$821,577$2,260,864
65$2,755,888$1,083,582$781,375$2,400,087
66$2,967,130$1,066,820$737,693$2,551,878
67$3,197,719$1,047,036$690,347$2,717,511
68$3,449,558$1,024,012$639,146$2,898,393
69$3,724,743$997,519$583,887$3,096,077
70$4,025,582$967,313$524,363$3,312,275
71$4,354,616$933,135$460,353$3,548,875
72$4,714,641$894,713$391,629$3,807,961
73$5,108,738$851,758$317,953$4,091,830
74$5,540,299$803,964$239,074$4,403,017
75$6,013,059$751,007$154,732$4,744,316
76$6,531,132$692,547$64,656$5,118,812
77$7,099,047$628,222$0$5,529,902
78$7,721,794$557,649$0$5,988,726
79$8,404,869$480,426$0$6,508,708
80$9,154,325$396,126$0$7,079,286
81$9,976,828$304,297$0$7,705,567
82$10,879,722$204,466$0$8,393,175
83$11,871,096$96,128$0$9,148,307
84$12,959,863$0$0$9,977,792
85$14,155,839$0$0$10,891,026
86$15,469,837$0$0$11,903,738
87$16,913,771$0$0$13,016,653
88$18,500,766$0$0$14,239,896
89$20,245,280$0$0$15,584,619
90$22,163,245$0$0$17,063,110
91$24,272,209$0$0$18,688,907
92$26,591,510$0$0$20,476,923
93$29,142,451$0$0$22,443,592
94$31,948,503$0$0$24,607,019
95$35,035,530$0$0$26,987,152
96$38,432,023$0$0$29,605,971
97$42,169,380$0$0$32,487,692
98$46,282,191$0$0$35,658,999
99$50,808,573$0$0$39,149,293
100$55,790,521$0$0$42,990,968