Can I retire at age 52 with 1,210,000?

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 $1,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$99,921$99,031$98,162$97,315$96,487$94,193
2 years$49,466$48,544$47,652$46,786$45,946$43,648
3 years$32,650$31,724$30,834$29,976$29,150$26,920
4 years$24,243$23,321$22,439$21,596$20,790$18,645
5 years$19,201$18,284$17,414$16,588$15,804$13,751
6 years$15,840$14,930$14,073$13,265$12,505$10,545
7 years$13,441$12,538$11,695$10,906$10,170$8,304
8 years$11,642$10,748$9,918$9,149$8,437$6,663
9 years$10,243$9,358$8,542$7,793$7,105$5,423
10 years$9,125$8,248$7,447$6,718$6,054$4,461
11 years$8,211$7,343$6,557$5,846$5,207$3,701
12 years$7,450$6,591$5,819$5,128$4,512$3,091
13 years$6,806$5,956$5,199$4,527$3,935$2,596
14 years$6,255$5,414$4,671$4,019$3,449$2,190
15 years$5,778$4,946$4,217$3,584$3,037$1,854
16 years$5,361$4,538$3,824$3,209$2,684$1,574
17 years$4,993$4,179$3,479$2,883$2,380$1,340
18 years$4,667$3,862$3,176$2,599$2,116$1,143
19 years$4,375$3,579$2,908$2,348$1,886$977
20 years$4,112$3,326$2,668$2,127$1,685$836
21 years$3,875$3,098$2,455$1,930$1,508$716
22 years$3,660$2,892$2,262$1,755$1,351$615
23 years$3,464$2,704$2,089$1,598$1,213$528
24 years$3,285$2,534$1,932$1,458$1,090$454
25 years$3,120$2,378$1,789$1,331$981$390
26 years$2,968$2,235$1,659$1,217$884$336
27 years$2,827$2,103$1,541$1,114$797$289
28 years$2,697$1,982$1,432$1,021$719$249
29 years$2,576$1,870$1,333$936$649$214
30 years$2,463$1,766$1,242$859$587$185
31 years$2,358$1,669$1,158$789$530$159
32 years$2,259$1,579$1,080$725$480$137
33 years$2,167$1,496$1,008$667$434$119
34 years$2,080$1,418$942$613$393$102
35 years$1,999$1,345$881$565$356$88
36 years$1,922$1,276$824$520$323$76
37 years$1,849$1,212$771$479$292$66
38 years$1,781$1,152$722$442$265$57
39 years$1,716$1,095$677$407$240$49
40 years$1,654$1,042$634$376$218$42
41 years$1,596$992$595$347$198$36
42 years$1,541$945$558$320$179$31
43 years$1,488$900$524$295$163$27
44 years$1,438$858$491$273$148$23
45 years$1,390$818$461$252$134$20
46 years$1,344$781$433$233$122$17
47 years$1,301$745$407$215$111$15
48 years$1,259$711$383$199$100$13
49 years$1,219$679$360$183$91$11
50 years$1,181$649$338$170$83$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,210,000, adding $4,068 every year, while hoping to spend $56,909 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: 46/35/19 Blend
51$1,210,000$1,210,000$1,210,000$1,210,000
52$1,337,616$1,273,486$1,254,731$1,391,715
53$1,413,502$1,275,336$1,236,214$1,431,786
54$1,495,221$1,275,370$1,215,169$1,469,225
55$1,583,308$1,273,437$1,191,452$1,508,650
56$1,678,351$1,269,381$1,164,910$1,550,271
57$1,780,995$1,263,032$1,135,387$1,594,322
58$1,891,949$1,254,213$1,102,715$1,641,066
59$2,011,992$1,242,735$1,066,721$1,690,793
60$2,141,983$1,228,397$1,027,224$1,743,830
61$2,282,864$1,210,986$984,033$1,800,538
62$2,435,669$1,190,278$936,952$1,861,323
63$2,601,540$1,166,033$885,772$1,926,632
64$2,781,728$1,138,000$830,276$1,996,966
65$2,977,612$1,105,910$770,239$2,072,882
66$3,190,710$1,069,481$705,423$2,154,998
67$3,422,688$1,028,412$635,581$2,244,000
68$3,675,385$982,386$560,455$2,340,654
69$3,950,819$931,068$479,775$2,445,807
70$4,251,214$874,102$393,260$2,560,401
71$4,579,019$811,114$300,614$2,685,480
72$4,936,926$741,706$201,532$2,822,206
73$5,327,901$665,458$95,693$2,971,864
74$5,755,209$581,928$0$3,135,881
75$6,222,445$490,646$0$3,319,337
76$6,733,564$391,118$0$3,541,417
77$7,292,926$282,821$0$3,784,717
78$7,905,327$165,202$0$4,051,466
79$8,576,052$37,679$0$4,344,127
80$9,310,919$0$0$4,665,425
81$10,116,335$0$0$5,057,023
82$10,999,359$0$0$5,502,404
83$11,967,762$0$0$5,990,995
84$13,030,107$0$0$6,527,134
85$14,195,822$0$0$7,115,598
86$15,475,294$0$0$7,761,651
87$16,879,964$0$0$8,471,090
88$18,422,436$0$0$9,250,300
89$20,116,593$0$0$10,106,317
90$21,977,728$0$0$11,046,891
91$24,022,690$0$0$12,080,561
92$26,270,040$0$0$13,216,731
93$28,740,227$0$0$14,465,766
94$31,455,778$0$0$15,839,081
95$34,441,512$0$0$17,349,255
96$37,724,775$0$0$19,010,147
97$41,335,692$0$0$20,837,025
98$45,307,458$0$0$22,846,711
99$49,676,642$0$0$25,057,741
100$54,483,540$0$0$27,490,536