Can I retire at age 52 with 1,520,000?

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 $1,520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$125,520$124,402$123,311$122,247$121,207$117,421
2 years$62,139$60,981$59,860$58,772$57,718$53,937
3 years$41,014$39,852$38,733$37,656$36,618$32,962
4 years$30,454$29,295$28,188$27,129$26,117$22,612
5 years$24,120$22,968$21,875$20,838$19,853$16,510
6 years$19,898$18,755$17,678$16,664$15,709$12,530
7 years$16,884$15,751$14,691$13,700$12,776$9,761
8 years$14,624$13,501$12,459$11,493$10,599$7,746
9 years$12,868$11,755$10,731$9,789$8,926$6,232
10 years$11,463$10,362$9,355$8,439$7,605$5,066
11 years$10,315$9,224$8,236$7,344$6,541$4,152
12 years$9,359$8,279$7,310$6,442$5,668$3,425
13 years$8,550$7,482$6,531$5,687$4,943$2,839
14 years$7,858$6,801$5,868$5,048$4,333$2,364
15 years$7,258$6,213$5,298$4,502$3,815$1,975
16 years$6,734$5,700$4,803$4,031$3,372$1,654
17 years$6,272$5,250$4,371$3,622$2,989$1,389
18 years$5,862$4,851$3,990$3,264$2,658$1,168
19 years$5,495$4,496$3,653$2,950$2,369$984
20 years$5,166$4,178$3,352$2,671$2,116$830
21 years$4,868$3,891$3,083$2,424$1,894$701
22 years$4,598$3,632$2,842$2,204$1,698$593
23 years$4,352$3,397$2,624$2,008$1,524$501
24 years$4,126$3,183$2,427$1,831$1,370$424
25 years$3,919$2,987$2,248$1,672$1,232$360
26 years$3,728$2,807$2,084$1,529$1,110$305
27 years$3,551$2,642$1,936$1,399$1,001$258
28 years$3,388$2,490$1,799$1,282$903$219
29 years$3,236$2,349$1,675$1,176$815$186
30 years$3,094$2,218$1,560$1,079$737$158
31 years$2,962$2,097$1,454$991$666$134
32 years$2,838$1,984$1,357$911$603$114
33 years$2,722$1,879$1,267$838$545$96
34 years$2,613$1,781$1,184$771$494$82
35 years$2,511$1,689$1,107$709$447$70
36 years$2,414$1,603$1,035$653$405$59
37 years$2,323$1,523$969$602$367$50
38 years$2,237$1,447$907$555$333$43
39 years$2,155$1,376$850$512$302$36
40 years$2,078$1,309$797$472$274$31
41 years$2,005$1,246$747$435$248$26
42 years$1,935$1,187$701$402$225$22
43 years$1,869$1,131$658$371$205$19
44 years$1,806$1,078$617$342$186$16
45 years$1,746$1,028$580$316$169$14
46 years$1,689$981$544$292$153$12
47 years$1,634$936$511$270$139$10
48 years$1,582$893$481$249$126$8
49 years$1,532$853$452$231$115$7
50 years$1,484$815$425$213$104$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,520,000, adding $2,384 every year, while hoping to spend $24,104 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: 59/26/15 Blend
51$1,520,000$1,520,000$1,520,000$1,520,000
52$1,677,499$1,596,939$1,573,379$1,769,947
53$1,822,958$1,649,543$1,600,441$1,885,254
54$1,982,445$1,703,916$1,627,601$2,008,053
55$2,157,367$1,760,120$1,654,838$2,141,400
56$2,349,271$1,818,219$1,682,128$2,286,316
57$2,559,863$1,878,278$1,709,446$2,443,923
58$2,791,020$1,940,365$1,736,764$2,615,457
59$3,044,812$2,004,551$1,764,053$2,802,278
60$3,323,518$2,070,909$1,791,284$3,005,883
61$3,629,649$2,139,515$1,818,424$3,227,919
62$3,965,969$2,210,447$1,845,437$3,470,203
63$4,335,526$2,283,787$1,872,287$3,734,729
64$4,741,676$2,359,619$1,898,935$4,023,699
65$5,188,117$2,438,031$1,925,340$4,339,534
66$5,678,923$2,519,112$1,951,456$4,684,901
67$6,218,582$2,602,958$1,977,239$5,062,736
68$6,812,039$2,689,664$2,002,639$5,476,273
69$7,464,742$2,779,333$2,027,602$5,929,074
70$8,182,695$2,872,069$2,052,076$6,425,062
71$8,972,509$2,967,981$2,076,000$6,968,559
72$9,841,473$3,067,180$2,099,314$7,564,321
73$10,797,615$3,169,783$2,121,953$8,217,593
74$11,849,781$3,275,912$2,143,848$8,934,147
75$13,007,719$3,385,692$2,164,926$9,720,345
76$14,282,168$3,499,252$2,185,113$10,583,193
77$15,684,962$3,616,728$2,204,327$11,530,409
78$17,229,141$3,738,261$2,222,485$12,570,497
79$18,929,071$3,863,994$2,239,496$13,712,824
80$20,800,586$3,994,078$2,255,268$14,967,711
81$22,861,128$4,128,670$2,269,702$16,346,526
82$25,129,920$4,267,932$2,282,694$17,861,796
83$27,628,143$4,412,032$2,294,136$19,527,321
84$30,379,137$4,561,145$2,303,913$21,358,306
85$33,408,619$4,715,451$2,311,904$23,371,504
86$36,744,928$4,875,139$2,317,983$25,585,371
87$40,419,294$5,040,403$2,322,018$28,020,245
88$44,466,125$5,211,446$2,323,869$30,698,532
89$48,923,341$5,388,479$2,323,390$33,644,921
90$53,832,726$5,571,718$2,320,428$36,886,614
91$59,240,323$5,761,391$2,314,821$40,453,586
92$65,196,870$5,957,733$2,306,401$44,378,864
93$71,758,277$6,160,988$2,294,992$48,698,837
94$78,986,154$6,371,409$2,280,407$53,453,605
95$86,948,393$6,589,260$2,262,452$58,687,351
96$95,719,808$6,814,813$2,240,923$64,448,762
97$105,382,842$7,048,353$2,215,608$70,791,483
98$116,028,344$7,290,174$2,186,283$77,774,630
99$127,756,425$7,540,582$2,152,713$85,463,340
100$140,677,406$7,799,896$2,114,654$93,929,391