Can I retire at age 52 with 1,170,000?

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 $1,170,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$96,618$95,757$94,917$94,098$93,297$90,095
2 years$47,830$46,940$46,076$45,239$44,427$41,233
3 years$31,570$30,676$29,814$28,985$28,187$25,101
4 years$23,442$22,550$21,697$20,882$20,103$17,150
5 years$18,566$17,679$16,838$16,040$15,282$12,470
6 years$15,316$14,436$13,608$12,827$12,092$9,422
7 years$12,996$12,124$11,308$10,546$9,834$7,307
8 years$11,257$10,392$9,590$8,847$8,158$5,771
9 years$9,905$9,048$8,260$7,535$6,870$4,620
10 years$8,824$7,976$7,201$6,496$5,854$3,737
11 years$7,940$7,100$6,340$5,653$5,035$3,047
12 years$7,204$6,373$5,626$4,958$4,363$2,500
13 years$6,581$5,759$5,027$4,378$3,805$2,061
14 years$6,048$5,235$4,517$3,886$3,335$1,707
15 years$5,587$4,782$4,078$3,466$2,936$1,418
16 years$5,184$4,388$3,697$3,103$2,595$1,181
17 years$4,828$4,041$3,364$2,788$2,301$985
18 years$4,512$3,734$3,071$2,513$2,046$824
19 years$4,230$3,461$2,812$2,270$1,824$690
20 years$3,976$3,216$2,580$2,056$1,629$579
21 years$3,747$2,995$2,373$1,866$1,458$486
22 years$3,539$2,796$2,187$1,697$1,307$408
23 years$3,350$2,615$2,020$1,545$1,173$343
24 years$3,176$2,450$1,868$1,409$1,054$288
25 years$3,016$2,299$1,730$1,287$949$243
26 years$2,869$2,161$1,605$1,177$855$204
27 years$2,734$2,034$1,490$1,077$770$172
28 years$2,608$1,916$1,385$987$695$145
29 years$2,491$1,808$1,289$905$628$122
30 years$2,382$1,707$1,201$831$567$103
31 years$2,280$1,614$1,119$763$513$87
32 years$2,185$1,527$1,044$701$464$73
33 years$2,095$1,446$975$645$420$62
34 years$2,011$1,371$911$593$380$52
35 years$1,933$1,300$852$546$344$44
36 years$1,858$1,234$797$503$312$37
37 years$1,788$1,172$746$463$283$31
38 years$1,722$1,114$698$427$256$26
39 years$1,659$1,059$654$394$232$22
40 years$1,600$1,008$613$363$211$19
41 years$1,543$959$575$335$191$16
42 years$1,490$914$539$309$174$13
43 years$1,439$870$506$286$157$11
44 years$1,390$830$475$264$143$10
45 years$1,344$791$446$243$130$8
46 years$1,300$755$419$225$118$7
47 years$1,258$720$394$208$107$6
48 years$1,218$688$370$192$97$5
49 years$1,179$657$348$177$88$4
50 years$1,142$627$327$164$80$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,170,000, adding $4,774 every year, while hoping to spend $48,569 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: 27/50/23 Blend
51$1,170,000$1,170,000$1,170,000$1,170,000
52$1,294,264$1,232,254$1,214,119$1,319,721
53$1,374,602$1,240,958$1,203,115$1,348,956
54$1,461,507$1,248,460$1,190,115$1,375,755
55$1,555,597$1,254,650$1,175,000$1,403,505
56$1,657,551$1,259,412$1,157,646$1,432,316
57$1,768,119$1,262,621$1,137,925$1,462,317
58$1,888,122$1,264,144$1,115,700$1,493,648
59$2,018,464$1,263,841$1,090,830$1,526,473
60$2,160,141$1,261,562$1,063,166$1,560,973
61$2,314,245$1,257,149$1,032,552$1,597,355
62$2,481,983$1,250,434$998,827$1,635,849
63$2,664,677$1,241,237$961,820$1,676,717
64$2,863,787$1,229,371$921,353$1,720,249
65$3,080,916$1,214,633$877,242$1,766,775
66$3,317,831$1,196,811$829,290$1,816,662
67$3,576,475$1,175,680$777,297$1,870,322
68$3,858,987$1,151,000$721,048$1,928,216
69$4,167,724$1,122,519$660,323$1,990,859
70$4,505,278$1,089,969$594,890$2,058,828
71$4,874,505$1,053,065$524,508$2,132,767
72$5,278,548$1,011,509$448,922$2,213,392
73$5,720,869$964,982$367,870$2,301,506
74$6,205,279$913,149$281,076$2,398,000
75$6,735,978$855,653$188,252$2,503,870
76$7,317,587$792,119$89,098$2,620,221
77$7,955,198$722,151$0$2,748,287
78$8,654,420$645,327$0$2,893,541
79$9,421,427$561,204$0$3,077,005
80$10,263,022$469,313$0$3,278,568
81$11,186,700$369,159$0$3,500,199
82$12,200,714$260,218$0$3,744,079
83$13,314,155$141,938$0$4,012,622
84$14,537,041$13,734$0$4,308,502
85$15,880,403$0$0$4,634,677
86$17,356,396$0$0$5,063,203
87$18,978,411$0$0$5,542,635
88$20,761,198$0$0$6,069,803
89$22,721,010$0$0$6,649,540
90$24,875,752$0$0$7,287,169
91$27,245,148$0$0$7,988,557
92$29,850,933$0$0$8,760,167
93$32,717,052$0$0$9,609,119
94$35,869,887$0$0$10,543,260
95$39,338,505$0$0$11,571,234
96$43,154,934$0$0$12,702,568
97$47,354,462$0$0$13,947,756
98$51,975,970$0$0$15,318,363
99$57,062,299$0$0$16,827,133
100$62,660,654$0$0$18,488,105