Can I retire at age 52 with 1,200,000?

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 $1,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.8%
1 years$99,095$98,212$97,351$96,510$95,690$92,664
2 years$49,057$48,143$47,258$46,399$45,567$42,545
3 years$32,380$31,462$30,579$29,728$28,909$25,988
4 years$24,043$23,128$22,254$21,418$20,618$17,819
5 years$19,042$18,133$17,270$16,451$15,674$13,004
6 years$15,709$14,807$13,956$13,156$12,402$9,864
7 years$13,329$12,435$11,598$10,816$10,086$7,679
8 years$11,546$10,659$9,836$9,073$8,367$6,090
9 years$10,159$9,280$8,472$7,729$7,047$4,897
10 years$9,050$8,180$7,386$6,662$6,004$3,979
11 years$8,143$7,282$6,502$5,798$5,164$3,259
12 years$7,388$6,536$5,771$5,086$4,475$2,686
13 years$6,750$5,907$5,156$4,490$3,902$2,225
14 years$6,204$5,369$4,632$3,986$3,421$1,851
15 years$5,730$4,905$4,182$3,554$3,012$1,545
16 years$5,316$4,500$3,792$3,183$2,662$1,294
17 years$4,952$4,144$3,451$2,860$2,360$1,085
18 years$4,628$3,830$3,150$2,577$2,098$912
19 years$4,339$3,549$2,884$2,329$1,870$768
20 years$4,078$3,298$2,646$2,109$1,671$647
21 years$3,843$3,072$2,434$1,914$1,495$546
22 years$3,630$2,868$2,244$1,740$1,340$461
23 years$3,435$2,682$2,071$1,585$1,203$390
24 years$3,257$2,513$1,916$1,446$1,081$330
25 years$3,094$2,358$1,774$1,320$973$279
26 years$2,943$2,216$1,646$1,207$876$236
27 years$2,804$2,086$1,528$1,105$790$200
28 years$2,675$1,966$1,421$1,012$713$170
29 years$2,555$1,854$1,322$928$644$144
30 years$2,443$1,751$1,231$852$582$122
31 years$2,338$1,655$1,148$782$526$103
32 years$2,241$1,566$1,071$719$476$88
33 years$2,149$1,483$1,000$661$431$74
34 years$2,063$1,406$934$608$390$63
35 years$1,982$1,333$874$560$353$54
36 years$1,906$1,266$817$516$320$45
37 years$1,834$1,202$765$475$290$39
38 years$1,766$1,142$716$438$263$33
39 years$1,702$1,086$671$404$238$28
40 years$1,641$1,034$629$373$216$24
41 years$1,583$984$590$344$196$20
42 years$1,528$937$553$317$178$17
43 years$1,476$893$519$293$162$14
44 years$1,426$851$487$270$147$12
45 years$1,378$811$458$250$133$10
46 years$1,333$774$430$231$121$9
47 years$1,290$739$404$213$110$7
48 years$1,249$705$379$197$100$6
49 years$1,209$673$357$182$91$5
50 years$1,172$643$335$168$82$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,200,000, adding $6,615 every year, while hoping to spend $49,572 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: 57/23/20 Blend
51$1,200,000$1,200,000$1,200,000$1,200,000
52$1,329,223$1,265,623$1,247,023$1,397,536
53$1,412,060$1,274,895$1,236,054$1,454,072
54$1,501,684$1,282,959$1,223,057$1,509,754
55$1,598,737$1,289,704$1,207,910$1,569,344
56$1,703,921$1,295,013$1,190,487$1,633,228
57$1,818,010$1,298,758$1,170,658$1,701,836
58$1,941,855$1,300,805$1,148,283$1,775,640
59$2,076,393$1,301,013$1,123,219$1,855,166
60$2,222,652$1,299,230$1,095,314$1,940,991
61$2,381,765$1,295,295$1,064,410$2,033,756
62$2,554,979$1,289,038$1,030,341$2,134,169
63$2,743,664$1,280,278$992,935$2,243,011
64$2,949,329$1,268,823$952,010$2,361,147
65$3,173,635$1,254,470$907,377$2,489,532
66$3,418,410$1,237,003$858,838$2,629,221
67$3,685,666$1,216,193$806,186$2,781,381
68$3,977,616$1,191,800$749,206$2,947,299
69$4,296,700$1,163,565$687,672$3,128,398
70$4,645,602$1,131,218$621,347$3,326,251
71$5,027,277$1,094,471$549,985$3,542,594
72$5,444,979$1,053,020$473,330$3,779,345
73$5,902,291$1,006,542$391,111$4,038,621
74$6,403,160$954,698$303,049$4,322,761
75$6,951,931$897,127$208,849$4,634,347
76$7,553,390$833,448$108,207$4,976,231
77$8,212,806$763,258$803$5,351,560
78$8,935,986$686,131$0$5,763,809
79$9,729,323$601,618$0$6,241,102
80$10,599,859$509,242$0$6,765,147
81$11,555,350$408,501$0$7,340,522
82$12,604,343$298,864$0$7,972,468
83$13,756,249$179,772$0$8,666,759
84$15,021,437$50,631$0$9,429,766
85$16,411,328$0$0$10,268,512
86$17,938,506$0$0$11,213,312
87$19,616,833$0$0$12,265,817
88$21,461,579$0$0$13,422,803
89$23,489,571$0$0$14,694,836
90$25,719,343$0$0$16,093,559
91$28,171,318$0$0$17,631,796
92$30,867,996$0$0$19,323,679
93$33,834,165$0$0$21,184,778
94$37,097,139$0$0$23,232,246
95$40,687,011$0$0$25,484,985
96$44,636,938$0$0$27,963,819
97$48,983,453$0$0$30,691,695
98$53,766,809$0$0$33,693,893
99$59,031,359$0$0$36,998,274
100$64,825,974$0$0$40,635,530