Can I retire at age 52 with 1,500,000?

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 $1,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$123,869$122,765$121,689$120,638$119,612$116,815
2 years$61,321$60,179$59,072$57,999$56,958$54,156
3 years$40,475$39,328$38,224$37,161$36,137$33,417
4 years$30,053$28,910$27,817$26,772$25,773$23,157
5 years$23,802$22,666$21,587$20,564$19,592$17,087
6 years$19,636$18,508$17,446$16,445$15,503$13,111
7 years$16,662$15,543$14,497$13,520$12,608$10,330
8 years$14,432$13,323$12,295$11,342$10,459$8,294
9 years$12,698$11,600$10,590$9,661$8,808$6,754
10 years$11,312$10,225$9,232$8,328$7,505$5,560
11 years$10,179$9,103$8,128$7,247$6,455$4,616
12 years$9,236$8,170$7,213$6,357$5,593$3,857
13 years$8,438$7,384$6,445$5,612$4,878$3,242
14 years$7,754$6,711$5,791$4,982$4,276$2,736
15 years$7,163$6,131$5,228$4,443$3,765$2,318
16 years$6,646$5,625$4,740$3,978$3,327$1,970
17 years$6,190$5,181$4,313$3,574$2,950$1,678
18 years$5,785$4,787$3,937$3,221$2,623$1,432
19 years$5,423$4,437$3,605$2,911$2,338$1,225
20 years$5,098$4,123$3,308$2,636$2,088$1,049
21 years$4,804$3,840$3,043$2,393$1,869$900
22 years$4,537$3,585$2,804$2,175$1,675$773
23 years$4,294$3,353$2,589$1,981$1,504$664
24 years$4,072$3,141$2,395$1,807$1,352$571
25 years$3,867$2,948$2,218$1,650$1,216$492
26 years$3,679$2,770$2,057$1,509$1,096$423
27 years$3,505$2,607$1,910$1,381$988$365
28 years$3,343$2,457$1,776$1,265$891$314
29 years$3,193$2,318$1,652$1,160$805$271
30 years$3,053$2,189$1,539$1,065$727$234
31 years$2,923$2,069$1,435$978$657$202
32 years$2,801$1,958$1,339$899$595$174
33 years$2,686$1,854$1,250$827$538$150
34 years$2,579$1,757$1,168$761$487$130
35 years$2,478$1,667$1,092$700$441$112
36 years$2,382$1,582$1,022$645$400$97
37 years$2,292$1,503$956$594$362$84
38 years$2,207$1,428$895$548$329$72
39 years$2,127$1,358$839$505$298$62
40 years$2,051$1,292$786$466$270$54
41 years$1,978$1,230$737$430$245$47
42 years$1,910$1,171$692$397$222$40
43 years$1,844$1,116$649$366$202$35
44 years$1,782$1,064$609$338$183$30
45 years$1,723$1,014$572$312$166$26
46 years$1,666$968$537$288$151$22
47 years$1,613$923$505$266$137$19
48 years$1,561$882$474$246$125$17
49 years$1,512$842$446$227$113$14
50 years$1,465$804$419$210$103$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,500,000, adding $3,243 every year, while hoping to spend $48,811 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: 55/20/25 Blend
51$1,500,000$1,500,000$1,500,000$1,500,000
52$1,656,345$1,576,845$1,553,595$1,735,895
53$1,773,358$1,602,176$1,553,706$1,816,265
54$1,900,670$1,627,112$1,552,185$1,898,389
55$2,039,280$1,651,583$1,548,925$1,986,818
56$2,190,288$1,675,512$1,543,815$2,082,173
57$2,354,904$1,698,818$1,536,739$2,185,141
58$2,534,458$1,721,414$1,527,574$2,296,479
59$2,730,416$1,743,207$1,516,191$2,417,022
60$2,944,392$1,764,097$1,502,457$2,547,693
61$3,178,160$1,783,978$1,486,230$2,689,510
62$3,433,676$1,802,737$1,467,362$2,843,595
63$3,713,093$1,820,252$1,445,700$3,011,187
64$4,018,778$1,836,395$1,421,081$3,193,655
65$4,353,343$1,851,028$1,393,337$3,392,507
66$4,719,660$1,864,004$1,362,290$3,609,409
67$5,120,893$1,875,168$1,327,754$3,846,197
68$5,560,526$1,884,353$1,289,536$4,104,898
69$6,042,397$1,891,383$1,247,432$4,387,750
70$6,570,731$1,896,071$1,201,231$4,697,220
71$7,150,184$1,898,217$1,150,711$5,036,029
72$7,785,882$1,897,609$1,095,639$5,407,181
73$8,483,473$1,894,022$1,035,773$5,813,989
74$9,249,175$1,887,218$970,860$6,260,108
75$10,089,842$1,876,942$900,634$6,749,569
76$11,013,020$1,862,926$824,820$7,286,818
77$12,027,023$1,844,885$743,127$7,876,761
78$13,141,011$1,822,516$655,253$8,524,808
79$14,365,074$1,795,499$560,883$9,236,925
80$15,710,327$1,763,494$459,689$10,019,694
81$17,189,016$1,726,141$351,324$10,880,373
82$18,814,633$1,683,059$235,431$11,826,966
83$20,602,041$1,633,845$111,634$12,868,302
84$22,567,617$1,578,071$0$14,014,115
85$24,729,404$1,515,286$0$15,280,604
86$27,107,279$1,445,011$0$16,706,278
87$29,723,144$1,366,740$0$18,274,495
88$32,601,132$1,279,937$0$19,999,767
89$35,767,831$1,184,037$0$21,898,092
90$39,252,537$1,078,442$0$23,987,099
91$43,087,529$962,519$0$26,286,218
92$47,308,374$835,600$0$28,816,865
93$51,954,261$696,977$0$31,602,645
94$57,068,373$545,906$0$34,669,573
95$62,698,290$381,598$0$38,046,319
96$68,896,439$203,221$0$41,764,486
97$75,720,593$9,895$0$45,858,903
98$83,234,406$0$0$50,367,956
99$91,508,023$0$0$55,377,815
100$100,618,736$0$0$60,897,135