Can I retire at age 52 with 1,620,000?

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 $1,620,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$133,778$132,586$131,424$130,289$129,181$124,896
2 years$66,227$64,993$63,798$62,639$61,515$57,239
3 years$43,713$42,474$41,282$40,133$39,028$34,896
4 years$32,458$31,223$30,042$28,914$27,835$23,878
5 years$25,707$24,479$23,314$22,209$21,160$17,389
6 years$21,207$19,989$18,841$17,760$16,743$13,161
7 years$17,995$16,787$15,657$14,602$13,616$10,223
8 years$15,586$14,389$13,279$12,249$11,296$8,089
9 years$13,714$12,528$11,437$10,434$9,513$6,488
10 years$12,217$11,043$9,971$8,994$8,106$5,258
11 years$10,994$9,831$8,778$7,827$6,971$4,295
12 years$9,974$8,824$7,790$6,866$6,041$3,531
13 years$9,113$7,974$6,960$6,061$5,268$2,918
14 years$8,375$7,248$6,254$5,381$4,618$2,421
15 years$7,736$6,622$5,646$4,798$4,066$2,015
16 years$7,177$6,075$5,119$4,297$3,593$1,682
17 years$6,685$5,595$4,658$3,860$3,186$1,407
18 years$6,248$5,170$4,252$3,479$2,833$1,179
19 years$5,857$4,791$3,893$3,144$2,525$989
20 years$5,506$4,452$3,573$2,847$2,255$832
21 years$5,189$4,147$3,286$2,584$2,018$700
22 years$4,900$3,871$3,029$2,349$1,809$589
23 years$4,638$3,621$2,797$2,140$1,624$496
24 years$4,397$3,392$2,586$1,951$1,460$419
25 years$4,177$3,184$2,395$1,782$1,314$353
26 years$3,973$2,992$2,222$1,630$1,183$298
27 years$3,785$2,816$2,063$1,492$1,067$252
28 years$3,611$2,653$1,918$1,367$963$213
29 years$3,449$2,503$1,785$1,253$869$180
30 years$3,298$2,364$1,662$1,150$785$152
31 years$3,157$2,235$1,550$1,056$710$128
32 years$3,025$2,115$1,446$971$642$108
33 years$2,901$2,003$1,350$893$581$92
34 years$2,785$1,898$1,261$821$526$77
35 years$2,676$1,800$1,179$756$477$66
36 years$2,573$1,709$1,103$696$432$55
37 years$2,476$1,623$1,033$642$391$47
38 years$2,384$1,542$967$591$355$40
39 years$2,297$1,467$906$545$322$34
40 years$2,215$1,395$849$503$292$28
41 years$2,137$1,328$796$464$265$24
42 years$2,062$1,265$747$428$240$20
43 years$1,992$1,205$701$395$218$17
44 years$1,925$1,149$658$365$198$15
45 years$1,861$1,095$618$337$180$12
46 years$1,800$1,045$580$311$163$10
47 years$1,742$997$545$288$148$9
48 years$1,686$952$512$266$135$7
49 years$1,633$909$481$246$122$6
50 years$1,582$868$453$227$111$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,620,000, adding $2,592 every year, while hoping to spend $20,256 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: 83/7/10 Blend
51$1,620,000$1,620,000$1,620,000$1,620,000
52$1,787,914$1,702,054$1,676,944$1,933,383
53$1,948,729$1,763,902$1,711,569$2,090,809
54$2,125,268$1,828,102$1,746,675$2,260,687
55$2,319,114$1,894,748$1,782,258$2,446,625
56$2,532,010$1,963,937$1,818,310$2,650,225
57$2,765,876$2,035,771$1,854,824$2,873,250
58$3,022,828$2,110,356$1,891,793$3,117,641
59$3,305,196$2,187,803$1,929,208$3,385,538
60$3,615,548$2,268,228$1,967,059$3,679,297
61$3,956,712$2,351,750$2,005,334$4,001,513
62$4,331,806$2,438,494$2,044,021$4,355,043
63$4,744,261$2,528,591$2,083,107$4,743,036
64$5,197,861$2,622,177$2,122,576$5,168,962
65$5,696,773$2,719,394$2,162,413$5,636,640
66$6,245,589$2,820,390$2,202,599$6,150,280
67$6,849,368$2,925,318$2,243,115$6,714,518
68$7,513,685$3,034,340$2,283,941$7,334,462
69$8,244,682$3,147,623$2,325,053$8,015,742
70$9,049,124$3,265,342$2,366,428$8,764,555
71$9,934,470$3,387,679$2,408,038$9,587,734
72$10,908,934$3,514,823$2,449,856$10,492,805
73$11,981,570$3,646,974$2,491,851$11,488,058
74$13,162,353$3,784,339$2,533,990$12,582,629
75$14,462,273$3,927,131$2,576,239$13,786,585
76$15,893,442$4,075,578$2,618,560$15,111,015
77$17,469,204$4,229,913$2,660,913$16,568,139
78$19,204,266$4,390,381$2,703,256$18,171,420
79$21,114,829$4,557,238$2,745,544$19,935,694
80$23,218,750$4,730,750$2,787,727$21,877,305
81$25,535,701$4,911,196$2,829,756$24,014,265
82$28,087,364$5,098,867$2,871,574$26,366,420
83$30,897,628$5,294,064$2,913,124$28,955,636
84$33,992,818$5,497,104$2,954,345$31,806,009
85$37,401,941$5,708,318$2,995,171$34,944,088
86$41,156,963$5,928,049$3,035,534$38,399,131
87$45,293,108$6,156,659$3,075,359$42,203,373
88$49,849,191$6,394,521$3,114,570$46,392,336
89$54,867,984$6,642,029$3,153,084$51,005,165
90$60,396,621$6,899,590$3,190,814$56,084,990
91$66,487,040$7,167,634$3,227,670$61,679,339
92$73,196,476$7,446,606$3,263,555$67,840,587
93$80,587,998$7,736,971$3,298,366$74,626,444
94$88,731,109$8,039,218$3,331,996$82,100,506
95$97,702,395$8,353,853$3,364,331$90,332,850
96$107,586,255$8,681,407$3,395,252$99,400,698
97$118,475,693$9,022,436$3,424,633$109,389,145
98$130,473,196$9,377,518$3,452,340$120,391,961
99$143,691,703$9,747,257$3,478,235$132,512,478
100$158,255,671$10,132,287$3,502,169$145,864,561