Can I retire at age 52 with 1,640,000?

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 $1,640,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$135,430$134,223$133,046$131,898$130,776$129,356
2 years$67,044$65,796$64,586$63,412$62,274$60,845
3 years$44,252$42,998$41,791$40,629$39,509$38,115
4 years$32,858$31,608$30,413$29,271$28,178$26,829
5 years$26,024$24,781$23,602$22,483$21,421$20,121
6 years$21,469$20,236$19,074$17,980$16,950$15,700
7 years$18,217$16,994$15,850$14,782$13,784$12,587
8 years$15,779$14,567$13,442$12,400$11,436$10,289
9 years$13,884$12,683$11,578$10,562$9,630$8,535
10 years$12,368$11,180$10,094$9,105$8,206$7,160
11 years$11,129$9,953$8,887$7,924$7,057$6,061
12 years$10,098$8,933$7,887$6,950$6,116$5,168
13 years$9,225$8,073$7,046$6,136$5,333$4,432
14 years$8,478$7,338$6,331$5,447$4,675$3,820
15 years$7,831$6,703$5,716$4,858$4,116$3,306
16 years$7,266$6,150$5,182$4,350$3,638$2,871
17 years$6,767$5,664$4,716$3,908$3,225$2,500
18 years$6,325$5,234$4,305$3,522$2,868$2,183
19 years$5,929$4,851$3,941$3,182$2,556$1,910
20 years$5,574$4,507$3,617$2,882$2,283$1,674
21 years$5,253$4,199$3,327$2,616$2,043$1,470
22 years$4,961$3,919$3,066$2,378$1,832$1,293
23 years$4,695$3,666$2,831$2,166$1,644$1,138
24 years$4,452$3,434$2,618$1,976$1,478$1,003
25 years$4,228$3,223$2,425$1,804$1,330$884
26 years$4,022$3,029$2,249$1,650$1,198$781
27 years$3,832$2,851$2,088$1,510$1,080$690
28 years$3,655$2,686$1,941$1,383$974$610
29 years$3,491$2,534$1,807$1,269$880$539
30 years$3,338$2,393$1,683$1,164$795$477
31 years$3,196$2,262$1,569$1,069$719$422
32 years$3,062$2,141$1,464$983$650$374
33 years$2,937$2,027$1,367$904$588$331
34 years$2,819$1,921$1,277$831$533$293
35 years$2,709$1,822$1,194$765$483$260
36 years$2,605$1,730$1,117$705$437$231
37 years$2,506$1,643$1,045$650$396$204
38 years$2,413$1,561$979$599$359$181
39 years$2,325$1,485$917$552$326$161
40 years$2,242$1,412$860$509$295$143
41 years$2,163$1,345$806$470$268$127
42 years$2,088$1,281$756$434$243$112
43 years$2,017$1,220$710$400$221$100
44 years$1,949$1,163$666$370$200$88
45 years$1,884$1,109$625$341$182$79
46 years$1,822$1,058$587$315$165$70
47 years$1,763$1,010$552$291$150$62
48 years$1,707$964$519$269$136$55
49 years$1,653$920$487$249$124$49
50 years$1,601$879$458$230$112$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,640,000, adding $2,668 every year, while hoping to spend $32,740 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: 82/5/13 Blend
51$1,640,000$1,640,000$1,640,000$1,640,000
52$1,810,032$1,723,112$1,697,692$1,953,839
53$1,959,820$1,772,709$1,719,730$2,098,155
54$2,123,789$1,823,640$1,741,408$2,252,008
55$2,303,352$1,875,934$1,762,681$2,419,971
56$2,500,062$1,929,623$1,783,499$2,603,444
57$2,715,632$1,984,738$1,803,810$2,803,971
58$2,951,948$2,041,312$1,823,559$3,023,249
59$3,211,087$2,099,377$1,842,689$3,263,149
60$3,495,336$2,158,965$1,861,138$3,525,731
61$3,807,216$2,220,109$1,878,841$3,813,267
62$4,149,501$2,282,843$1,895,731$4,128,256
63$4,525,248$2,347,201$1,911,736$4,473,454
64$4,937,826$2,413,216$1,926,781$4,851,894
65$5,390,942$2,480,922$1,940,787$5,266,921
66$5,888,685$2,550,353$1,953,670$5,722,218
67$6,435,555$2,621,545$1,965,342$6,221,842
68$7,036,512$2,694,531$1,975,711$6,770,265
69$7,697,019$2,769,346$1,984,681$7,372,413
70$8,423,096$2,846,025$1,992,148$8,033,713
71$9,221,373$2,924,601$1,998,007$8,760,145
72$10,099,157$3,005,111$2,002,144$9,558,298
73$11,064,497$3,087,587$2,004,442$10,435,431
74$12,126,261$3,172,064$2,004,776$11,399,544
75$13,294,221$3,258,576$2,003,017$12,459,450
76$14,579,141$3,347,156$1,999,027$13,624,862
77$15,992,884$3,437,838$1,992,665$14,906,481
78$17,548,519$3,530,652$1,983,780$16,316,098
79$19,260,445$3,625,632$1,972,215$17,866,707
80$21,144,531$3,722,808$1,957,804$19,572,625
81$23,218,258$3,822,211$1,940,376$21,449,630
82$25,500,891$3,923,870$1,919,749$23,515,105
83$28,013,655$4,027,812$1,895,733$25,788,208
84$30,779,938$4,134,066$1,868,131$28,290,048
85$33,825,512$4,242,656$1,836,734$31,043,888
86$37,178,775$4,353,606$1,801,325$34,075,360
87$40,871,017$4,466,939$1,761,676$37,412,710
88$44,936,717$4,582,676$1,717,549$41,087,067
89$49,413,870$4,700,835$1,668,695$45,132,729
90$54,344,342$4,821,433$1,614,852$49,587,494
91$59,774,264$4,944,482$1,555,750$54,493,015
92$65,754,473$5,069,996$1,491,101$59,895,191
93$72,340,985$5,197,981$1,420,609$65,844,601
94$79,595,527$5,328,444$1,343,961$72,396,983
95$87,586,119$5,461,386$1,260,831$79,613,760
96$96,387,714$5,596,805$1,170,881$87,562,616
97$106,082,908$5,734,696$1,073,753$96,318,141
98$116,762,717$5,875,048$969,076$105,962,529
99$128,527,436$6,017,848$856,461$116,586,360
100$141,487,587$6,163,074$735,505$128,289,450