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%19.9%
1 years$133,778$132,586$131,424$130,289$129,181$124,056
2 years$66,227$64,993$63,798$62,639$61,515$56,415
3 years$43,713$42,474$41,282$40,133$39,028$34,113
4 years$32,458$31,223$30,042$28,914$27,835$23,143
5 years$25,707$24,479$23,314$22,209$21,160$16,703
6 years$21,207$19,989$18,841$17,760$16,743$12,525
7 years$17,995$16,787$15,657$14,602$13,616$9,635
8 years$15,586$14,389$13,279$12,249$11,296$7,547
9 years$13,714$12,528$11,437$10,434$9,513$5,990
10 years$12,217$11,043$9,971$8,994$8,106$4,803
11 years$10,994$9,831$8,778$7,827$6,971$3,880
12 years$9,974$8,824$7,790$6,866$6,041$3,154
13 years$9,113$7,974$6,960$6,061$5,268$2,576
14 years$8,375$7,248$6,254$5,381$4,618$2,112
15 years$7,736$6,622$5,646$4,798$4,066$1,737
16 years$7,177$6,075$5,119$4,297$3,593$1,432
17 years$6,685$5,595$4,658$3,860$3,186$1,183
18 years$6,248$5,170$4,252$3,479$2,833$979
19 years$5,857$4,791$3,893$3,144$2,525$811
20 years$5,506$4,452$3,573$2,847$2,255$673
21 years$5,189$4,147$3,286$2,584$2,018$558
22 years$4,900$3,871$3,029$2,349$1,809$464
23 years$4,638$3,621$2,797$2,140$1,624$386
24 years$4,397$3,392$2,586$1,951$1,460$321
25 years$4,177$3,184$2,395$1,782$1,314$267
26 years$3,973$2,992$2,222$1,630$1,183$222
27 years$3,785$2,816$2,063$1,492$1,067$185
28 years$3,611$2,653$1,918$1,367$963$154
29 years$3,449$2,503$1,785$1,253$869$129
30 years$3,298$2,364$1,662$1,150$785$107
31 years$3,157$2,235$1,550$1,056$710$89
32 years$3,025$2,115$1,446$971$642$74
33 years$2,901$2,003$1,350$893$581$62
34 years$2,785$1,898$1,261$821$526$52
35 years$2,676$1,800$1,179$756$477$43
36 years$2,573$1,709$1,103$696$432$36
37 years$2,476$1,623$1,033$642$391$30
38 years$2,384$1,542$967$591$355$25
39 years$2,297$1,467$906$545$322$21
40 years$2,215$1,395$849$503$292$17
41 years$2,137$1,328$796$464$265$14
42 years$2,062$1,265$747$428$240$12
43 years$1,992$1,205$701$395$218$10
44 years$1,925$1,149$658$365$198$8
45 years$1,861$1,095$618$337$180$7
46 years$1,800$1,045$580$311$163$6
47 years$1,742$997$545$288$148$5
48 years$1,686$952$512$266$135$4
49 years$1,633$909$481$246$122$3
50 years$1,582$868$453$227$111$3

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 $5,604 every year, while hoping to spend $47,940 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: 78/16/6 Blend
51$1,620,000$1,620,000$1,620,000$1,620,000
52$1,791,021$1,705,161$1,680,051$1,929,347
53$1,922,697$1,737,706$1,685,324$2,053,397
54$2,066,197$1,770,239$1,689,168$2,182,587
55$2,222,678$1,802,708$1,691,484$2,322,833
56$2,393,409$1,835,060$1,692,167$2,475,212
57$2,579,792$1,867,233$1,691,109$2,640,911
58$2,783,367$1,899,163$1,688,198$2,821,237
59$3,005,830$1,930,782$1,683,312$3,017,630
60$3,249,050$1,962,015$1,676,328$3,231,673
61$3,515,081$1,992,782$1,667,113$3,465,114
62$3,806,188$2,022,997$1,655,530$3,719,875
63$4,124,864$2,052,569$1,641,436$3,998,076
64$4,473,854$2,081,399$1,624,678$4,302,049
65$4,856,182$2,109,382$1,605,098$4,634,367
66$5,275,175$2,136,404$1,582,532$4,997,861
67$5,734,501$2,162,346$1,556,805$5,395,653
68$6,238,198$2,187,079$1,527,735$5,831,181
69$6,790,713$2,210,465$1,495,134$6,308,234
70$7,396,946$2,232,358$1,458,801$6,830,985
71$8,062,292$2,252,601$1,418,529$7,404,034
72$8,792,696$2,271,028$1,374,099$8,032,449
73$9,594,705$2,287,462$1,325,285$8,721,813
74$10,475,531$2,301,714$1,271,848$9,478,281
75$11,443,119$2,313,582$1,213,539$10,308,633
76$12,506,222$2,322,853$1,150,098$11,220,341
77$13,674,483$2,329,299$1,081,252$12,221,637
78$14,958,524$2,332,678$1,006,718$13,321,595
79$16,370,049$2,332,735$926,199$14,530,214
80$17,921,950$2,329,195$839,383$15,858,510
81$19,628,434$2,321,770$745,947$17,318,627
82$21,505,149$2,310,152$645,551$18,923,943
83$23,569,340$2,294,016$537,843$20,689,205
84$25,840,005$2,273,014$422,452$22,630,662
85$28,338,075$2,246,781$298,994$24,766,220
86$31,086,613$2,214,928$167,065$27,115,614
87$34,111,031$2,177,043$26,245$29,700,591
88$37,439,327$2,132,689$0$32,545,119
89$41,102,352$2,081,405$0$35,683,550
90$45,134,099$2,022,701$0$39,139,359
91$49,572,022$1,956,058$0$42,942,973
92$54,457,391$1,880,928$0$47,129,775
93$59,835,683$1,796,731$0$51,738,755
94$65,757,005$1,702,853$0$56,812,883
95$72,276,571$1,598,645$0$62,399,508
96$79,455,223$1,483,419$0$68,550,812
97$87,359,999$1,356,451$0$75,324,298
98$96,064,774$1,216,971$0$82,783,336
99$105,650,948$1,064,170$0$90,997,760
100$116,208,220$897,191$0$100,044,526