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%11%
1 years$133,778$132,586$131,424$130,289$129,181$128,637
2 years$66,227$64,993$63,798$62,639$61,515$60,965
3 years$43,713$42,474$41,282$40,133$39,028$38,490
4 years$32,458$31,223$30,042$28,914$27,835$27,313
5 years$25,707$24,479$23,314$22,209$21,160$20,655
6 years$21,207$19,989$18,841$17,760$16,743$16,257
7 years$17,995$16,787$15,657$14,602$13,616$13,149
8 years$15,586$14,389$13,279$12,249$11,296$10,847
9 years$13,714$12,528$11,437$10,434$9,513$9,082
10 years$12,217$11,043$9,971$8,994$8,106$7,693
11 years$10,994$9,831$8,778$7,827$6,971$6,576
12 years$9,974$8,824$7,790$6,866$6,041$5,664
13 years$9,113$7,974$6,960$6,061$5,268$4,908
14 years$8,375$7,248$6,254$5,381$4,618$4,274
15 years$7,736$6,622$5,646$4,798$4,066$3,739
16 years$7,177$6,075$5,119$4,297$3,593$3,282
17 years$6,685$5,595$4,658$3,860$3,186$2,891
18 years$6,248$5,170$4,252$3,479$2,833$2,553
19 years$5,857$4,791$3,893$3,144$2,525$2,259
20 years$5,506$4,452$3,573$2,847$2,255$2,004
21 years$5,189$4,147$3,286$2,584$2,018$1,780
22 years$4,900$3,871$3,029$2,349$1,809$1,584
23 years$4,638$3,621$2,797$2,140$1,624$1,411
24 years$4,397$3,392$2,586$1,951$1,460$1,259
25 years$4,177$3,184$2,395$1,782$1,314$1,124
26 years$3,973$2,992$2,222$1,630$1,183$1,005
27 years$3,785$2,816$2,063$1,492$1,067$899
28 years$3,611$2,653$1,918$1,367$963$805
29 years$3,449$2,503$1,785$1,253$869$721
30 years$3,298$2,364$1,662$1,150$785$646
31 years$3,157$2,235$1,550$1,056$710$580
32 years$3,025$2,115$1,446$971$642$520
33 years$2,901$2,003$1,350$893$581$467
34 years$2,785$1,898$1,261$821$526$419
35 years$2,676$1,800$1,179$756$477$377
36 years$2,573$1,709$1,103$696$432$338
37 years$2,476$1,623$1,033$642$391$304
38 years$2,384$1,542$967$591$355$273
39 years$2,297$1,467$906$545$322$246
40 years$2,215$1,395$849$503$292$221
41 years$2,137$1,328$796$464$265$199
42 years$2,062$1,265$747$428$240$179
43 years$1,992$1,205$701$395$218$161
44 years$1,925$1,149$658$365$198$145
45 years$1,861$1,095$618$337$180$130
46 years$1,800$1,045$580$311$163$117
47 years$1,742$997$545$288$148$106
48 years$1,686$952$512$266$135$95
49 years$1,633$909$481$246$122$86
50 years$1,582$868$453$227$111$77

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 $3,516 every year, while hoping to spend $56,327 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: 62/12/26 Blend
51$1,620,000$1,620,000$1,620,000$1,620,000
52$1,788,867$1,703,007$1,677,897$1,887,185
53$1,911,400$1,726,523$1,674,175$1,977,811
54$2,044,543$1,749,303$1,668,440$2,070,254
55$2,189,320$1,771,252$1,660,566$2,169,970
56$2,346,855$1,792,268$1,650,420$2,277,680
57$2,518,387$1,812,242$1,637,862$2,394,178
58$2,705,278$1,831,058$1,622,746$2,520,343
59$2,909,028$1,848,590$1,604,919$2,657,141
60$3,131,286$1,864,708$1,584,221$2,805,641
61$3,373,868$1,879,271$1,560,484$2,967,020
62$3,638,775$1,892,127$1,533,532$3,142,579
63$3,928,207$1,903,118$1,503,182$3,333,753
64$4,244,586$1,912,073$1,469,241$3,542,123
65$4,590,580$1,918,811$1,431,507$3,769,436
66$4,969,127$1,923,140$1,389,770$4,017,617
67$5,383,461$1,924,857$1,343,810$4,288,792
68$5,837,142$1,923,743$1,293,396$4,585,305
69$6,334,092$1,919,568$1,238,286$4,909,742
70$6,878,631$1,912,088$1,178,230$5,264,954
71$7,475,514$1,901,043$1,112,964$5,654,090
72$8,129,980$1,886,158$1,042,211$6,080,618
73$8,847,798$1,867,140$965,686$6,548,368
74$9,635,323$1,843,680$883,086$7,061,561
75$10,499,555$1,815,449$794,099$7,624,856
76$11,448,204$1,782,100$698,395$8,243,387
77$12,489,762$1,743,265$595,633$8,922,819
78$13,633,586$1,698,552$485,454$9,669,399
79$14,889,980$1,647,549$367,485$10,490,017
80$16,270,298$1,589,819$241,336$11,392,270
81$17,787,046$1,524,899$106,599$12,384,536
82$19,454,005$1,452,299$0$13,476,053
83$21,286,352$1,371,500$0$14,687,326
84$23,300,813$1,281,956$0$16,051,500
85$25,515,810$1,183,087$0$17,551,487
86$27,951,644$1,074,280$0$19,201,077
87$30,630,680$954,887$0$21,015,470
88$33,577,559$824,226$0$23,011,413
89$36,819,429$681,572$0$25,207,364
90$40,386,204$526,163$0$27,623,664
91$44,310,844$357,191$0$30,282,729
92$48,629,661$173,805$0$33,209,263
93$53,382,670$0$0$36,430,488
94$58,613,958$0$0$39,979,695
95$64,372,105$0$0$43,911,759
96$70,710,638$0$0$48,240,298
97$77,688,538$0$0$53,005,609
98$85,370,794$0$0$58,252,093
99$93,829,018$0$0$64,028,676
100$103,142,118$0$0$70,389,268