Can I retire at age 52 with 1,710,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$141,210$139,952$138,725$137,527$136,358$132,364
2 years$69,906$68,604$67,342$66,119$64,932$60,941
3 years$46,141$44,834$43,575$42,363$41,196$37,332
4 years$34,261$32,957$31,711$30,520$29,381$25,675
5 years$27,135$25,839$24,609$23,442$22,335$18,796
6 years$22,385$21,099$19,888$18,747$17,673$14,304
7 years$18,994$17,719$16,527$15,413$14,373$11,175
8 years$16,452$15,189$14,016$12,930$11,924$8,894
9 years$14,476$13,225$12,072$11,013$10,041$7,177
10 years$12,896$11,657$10,525$9,493$8,556$5,853
11 years$11,604$10,377$9,266$8,262$7,358$4,813
12 years$10,529$9,314$8,223$7,247$6,377$3,983
13 years$9,619$8,417$7,347$6,398$5,560$3,313
14 years$8,840$7,651$6,601$5,679$4,874$2,768
15 years$8,166$6,989$5,960$5,065$4,292$2,320
16 years$7,576$6,413$5,404$4,535$3,793$1,951
17 years$7,056$5,906$4,917$4,075$3,363$1,644
18 years$6,595$5,457$4,489$3,672$2,990$1,388
19 years$6,182$5,058$4,109$3,318$2,665$1,174
20 years$5,812$4,700$3,771$3,005$2,381$994
21 years$5,477$4,378$3,469$2,727$2,131$843
22 years$5,173$4,086$3,197$2,480$1,910$715
23 years$4,895$3,822$2,952$2,258$1,714$607
24 years$4,642$3,581$2,730$2,060$1,541$516
25 years$4,409$3,361$2,529$1,881$1,386$439
26 years$4,194$3,158$2,345$1,720$1,249$373
27 years$3,995$2,972$2,178$1,574$1,126$318
28 years$3,811$2,801$2,024$1,443$1,016$271
29 years$3,640$2,642$1,884$1,323$917$231
30 years$3,481$2,495$1,755$1,214$829$196
31 years$3,332$2,359$1,636$1,115$749$167
32 years$3,193$2,232$1,526$1,025$678$143
33 years$3,062$2,114$1,425$942$614$122
34 years$2,940$2,003$1,332$867$555$104
35 years$2,825$1,900$1,245$798$503$88
36 years$2,716$1,804$1,165$735$456$75
37 years$2,613$1,713$1,090$677$413$64
38 years$2,516$1,628$1,021$624$375$55
39 years$2,425$1,548$956$576$340$47
40 years$2,338$1,473$896$531$308$40
41 years$2,255$1,402$841$490$280$34
42 years$2,177$1,335$788$452$254$29
43 years$2,103$1,272$740$417$230$25
44 years$2,032$1,213$694$385$209$21
45 years$1,964$1,156$652$356$190$18
46 years$1,900$1,103$612$329$172$15
47 years$1,838$1,053$575$304$156$13
48 years$1,780$1,005$541$281$142$11
49 years$1,723$960$508$259$129$10
50 years$1,670$917$478$240$117$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,710,000, adding $2,328 every year, while hoping to spend $23,303 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: 70/15/15 Blend
51$1,710,000$1,710,000$1,710,000$1,710,000
52$1,886,821$1,796,191$1,769,686$2,012,269
53$2,054,483$1,859,410$1,804,177$2,159,176
54$2,238,465$1,924,946$1,839,041$2,316,882
55$2,440,407$1,992,888$1,874,268$2,488,880
56$2,662,117$2,063,328$1,909,844$2,676,575
57$2,905,584$2,136,362$1,945,755$2,881,516
58$3,173,001$2,212,090$1,981,985$3,105,408
59$3,466,781$2,290,617$2,018,516$3,350,126
60$3,789,587$2,372,052$2,055,330$3,617,738
61$4,144,349$2,456,506$2,092,408$3,910,519
62$4,534,295$2,544,097$2,129,726$4,230,975
63$4,962,983$2,634,948$2,167,262$4,581,867
64$5,434,333$2,729,186$2,204,990$4,966,232
65$5,952,661$2,826,943$2,242,884$5,387,419
66$6,522,726$2,928,356$2,280,914$5,849,115
67$7,149,769$3,033,570$2,319,050$6,355,381
68$7,839,564$3,142,734$2,357,257$6,910,690
69$8,598,475$3,256,003$2,395,500$7,519,970
70$9,433,512$3,373,540$2,433,742$8,188,648
71$10,352,399$3,495,513$2,471,941$8,922,703
72$11,363,648$3,622,097$2,510,056$9,728,721
73$12,476,637$3,753,476$2,548,039$10,613,959
74$13,701,698$3,889,841$2,585,842$11,586,410
75$15,050,217$4,031,389$2,623,414$12,654,881
76$16,534,740$4,178,328$2,660,700$13,829,073
77$18,169,091$4,330,873$2,697,640$15,119,674
78$19,968,501$4,489,249$2,734,174$16,538,461
79$21,949,755$4,653,689$2,770,236$18,098,407
80$24,131,348$4,824,438$2,805,757$19,813,809
81$26,533,659$5,001,749$2,840,663$21,700,414
82$29,179,145$5,185,887$2,874,877$23,775,575
83$32,092,550$5,377,127$2,908,318$26,058,413
84$35,301,142$5,575,759$2,940,899$28,569,992
85$38,834,967$5,782,080$2,972,528$31,333,524
86$42,727,136$5,996,404$3,003,110$34,374,585
87$47,014,133$6,219,057$3,032,543$37,721,353
88$51,736,162$6,450,378$3,060,720$41,404,880
89$56,937,525$6,690,721$3,087,529$45,459,379
90$62,667,041$6,940,455$3,112,850$49,922,549
91$68,978,508$7,199,966$3,136,559$54,835,931
92$75,931,206$7,469,655$3,158,524$60,245,295
93$83,590,462$7,749,940$3,178,607$66,201,081
94$92,028,261$8,041,260$3,196,663$72,758,864
95$101,323,931$8,344,068$3,212,538$79,979,884
96$111,564,885$8,658,841$3,226,071$87,931,625
97$122,847,453$8,986,074$3,237,095$96,688,445
98$135,277,786$9,326,284$3,245,430$106,332,284
99$148,972,859$9,680,012$3,250,891$116,953,434
100$164,061,578$10,047,819$3,253,283$128,651,389