Can I retire at age 52 with 1,120,000?

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 $1,120,000?

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%
1 years$92,489$91,665$90,861$90,076$89,310$88,158
2 years$45,786$44,934$44,107$43,306$42,529$41,369
3 years$30,221$29,365$28,540$27,747$26,982$25,852
4 years$22,440$21,586$20,770$19,990$19,244$18,151
5 years$17,772$16,924$16,118$15,354$14,629$13,577
6 years$14,662$13,820$13,026$12,279$11,575$10,566
7 years$12,441$11,606$10,825$10,095$9,414$8,447
8 years$10,776$9,948$9,180$8,469$7,810$6,885
9 years$9,482$8,662$7,907$7,213$6,577$5,694
10 years$8,447$7,635$6,893$6,218$5,604$4,763
11 years$7,601$6,797$6,069$5,411$4,819$4,019
12 years$6,896$6,100$5,386$4,747$4,176$3,416
13 years$6,300$5,513$4,812$4,191$3,642$2,920
14 years$5,790$5,011$4,324$3,720$3,193$2,509
15 years$5,348$4,578$3,904$3,317$2,811$2,164
16 years$4,962$4,200$3,539$2,970$2,484$1,872
17 years$4,622$3,868$3,221$2,669$2,203$1,625
18 years$4,319$3,574$2,940$2,405$1,959$1,414
19 years$4,049$3,313$2,691$2,173$1,746$1,232
20 years$3,807$3,078$2,470$1,968$1,559$1,076
21 years$3,587$2,867$2,272$1,786$1,395$942
22 years$3,388$2,677$2,094$1,624$1,251$825
23 years$3,206$2,503$1,933$1,479$1,123$723
24 years$3,040$2,345$1,788$1,349$1,009$635
25 years$2,888$2,201$1,656$1,232$908$558
26 years$2,747$2,069$1,536$1,127$818$490
27 years$2,617$1,947$1,426$1,031$737$431
28 years$2,496$1,834$1,326$945$665$380
29 years$2,384$1,731$1,234$866$601$335
30 years$2,280$1,634$1,149$795$543$295
31 years$2,182$1,545$1,071$730$491$260
32 years$2,091$1,462$1,000$671$444$229
33 years$2,006$1,384$933$617$402$202
34 years$1,925$1,312$872$568$364$178
35 years$1,850$1,245$815$523$330$157
36 years$1,779$1,181$763$481$299$139
37 years$1,712$1,122$714$444$271$123
38 years$1,648$1,066$669$409$245$108
39 years$1,588$1,014$626$377$222$96
40 years$1,531$965$587$348$202$85
41 years$1,477$918$551$321$183$75
42 years$1,426$874$516$296$166$66
43 years$1,377$833$485$273$151$58
44 years$1,331$794$455$252$137$52
45 years$1,286$757$427$233$124$46
46 years$1,244$723$401$215$113$40
47 years$1,204$689$377$199$102$36
48 years$1,166$658$354$184$93$31
49 years$1,129$629$333$170$84$28
50 years$1,094$600$313$157$77$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,120,000, adding $2,243 every year, while hoping to spend $45,408 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: 54/39/7 Blend
51$1,120,000$1,120,000$1,120,000$1,120,000
52$1,236,554$1,177,194$1,159,834$1,301,181
53$1,314,368$1,186,562$1,150,374$1,354,510
54$1,398,598$1,194,868$1,139,076$1,407,331
55$1,489,850$1,202,011$1,125,830$1,463,717
56$1,588,790$1,207,885$1,110,520$1,524,014
57$1,696,151$1,212,377$1,093,028$1,588,602
58$1,812,741$1,215,365$1,073,226$1,657,904
59$1,939,445$1,216,723$1,050,984$1,732,386
60$2,077,241$1,216,314$1,026,164$1,812,563
61$2,227,200$1,213,994$998,621$1,899,004
62$2,390,505$1,209,611$968,206$1,992,338
63$2,568,455$1,203,000$934,759$2,093,263
64$2,762,481$1,193,990$898,117$2,202,546
65$2,974,156$1,182,398$858,106$2,321,037
66$3,205,215$1,168,031$814,548$2,449,675
67$3,457,564$1,150,681$767,252$2,589,497
68$3,733,303$1,130,132$716,022$2,741,651
69$4,034,744$1,106,153$660,653$2,907,402
70$4,364,432$1,078,499$600,930$3,088,150
71$4,725,170$1,046,911$536,627$3,285,441
72$5,120,044$1,011,116$467,510$3,500,981
73$5,552,452$970,824$393,335$3,736,658
74$6,026,135$925,727$313,845$3,994,554
75$6,545,214$875,502$228,773$4,276,969
76$7,114,229$819,805$137,840$4,586,444
77$7,738,178$758,273$40,755$4,925,784
78$8,422,566$690,522$0$5,298,087
79$9,173,457$616,146$0$5,711,466
80$9,997,530$534,718$0$6,168,556
81$10,902,143$445,784$0$6,670,504
82$11,895,399$348,865$0$7,221,936
83$12,986,226$243,456$0$7,827,957
84$14,184,459$129,023$0$8,494,202
85$15,500,931$5,002$0$9,226,887
86$16,947,578$0$0$10,032,871
87$18,537,547$0$0$10,975,168
88$20,285,325$0$0$12,013,467
89$22,206,870$0$0$13,155,115
90$24,319,765$0$0$14,410,574
91$26,643,380$0$0$15,791,370
92$29,199,059$0$0$17,310,201
93$32,010,315$0$0$18,981,057
94$35,103,058$0$0$20,819,356
95$38,505,832$0$0$22,842,081
96$42,250,091$0$0$25,067,948
97$46,370,489$0$0$27,517,576
98$50,905,211$0$0$30,213,686
99$55,896,330$0$0$33,181,313
100$61,390,205$0$0$36,448,041