Can I retire at age 52 with 1,740,000?

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 $1,740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$143,688$142,408$141,159$139,940$138,750$136,733
2 years$71,132$69,808$68,524$67,279$66,071$64,044
3 years$46,951$45,620$44,339$43,106$41,918$39,943
4 years$34,862$33,536$32,268$31,056$29,897$27,988
5 years$27,611$26,292$25,041$23,854$22,727$20,892
6 years$22,778$21,470$20,237$19,076$17,983$16,223
7 years$19,328$18,030$16,817$15,683$14,625$12,941
8 years$16,741$15,455$14,262$13,156$12,133$10,524
9 years$14,730$13,457$12,284$11,206$10,218$8,683
10 years$13,122$11,861$10,709$9,660$8,706$7,245
11 years$11,808$10,559$9,428$8,407$7,487$6,099
12 years$10,713$9,478$8,367$7,374$6,488$5,170
13 years$9,788$8,565$7,476$6,510$5,658$4,408
14 years$8,995$7,785$6,717$5,779$4,960$3,777
15 years$8,309$7,112$6,065$5,154$4,367$3,248
16 years$7,709$6,525$5,498$4,615$3,860$2,803
17 years$7,180$6,009$5,003$4,146$3,422$2,426
18 years$6,711$5,553$4,567$3,737$3,043$2,105
19 years$6,291$5,146$4,181$3,376$2,712$1,829
20 years$5,914$4,782$3,837$3,058$2,423$1,593
21 years$5,573$4,455$3,530$2,775$2,168$1,389
22 years$5,263$4,158$3,253$2,523$1,943$1,213
23 years$4,981$3,889$3,004$2,298$1,744$1,061
24 years$4,723$3,644$2,778$2,096$1,568$928
25 years$4,486$3,419$2,573$1,914$1,411$813
26 years$4,267$3,214$2,386$1,750$1,271$712
27 years$4,065$3,025$2,216$1,602$1,146$625
28 years$3,878$2,850$2,060$1,468$1,034$548
29 years$3,704$2,689$1,917$1,346$934$481
30 years$3,542$2,539$1,786$1,235$843$423
31 years$3,391$2,400$1,665$1,135$763$372
32 years$3,249$2,271$1,553$1,043$690$327
33 years$3,116$2,151$1,450$959$624$287
34 years$2,991$2,039$1,355$882$565$252
35 years$2,874$1,934$1,267$812$512$222
36 years$2,764$1,835$1,185$748$464$195
37 years$2,659$1,743$1,109$689$420$172
38 years$2,561$1,656$1,039$635$381$151
39 years$2,467$1,575$973$586$346$133
40 years$2,379$1,499$912$540$313$117
41 years$2,295$1,427$855$498$284$103
42 years$2,215$1,359$802$460$258$91
43 years$2,139$1,294$753$425$234$80
44 years$2,067$1,234$707$392$213$70
45 years$1,999$1,177$664$362$193$62
46 years$1,933$1,122$623$334$175$55
47 years$1,871$1,071$585$309$159$48
48 years$1,811$1,023$550$286$145$42
49 years$1,754$977$517$264$131$37
50 years$1,699$933$486$244$119$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,740,000, adding $5,283 every year, while hoping to spend $34,377 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: 62/32/6 Blend
51$1,740,000$1,740,000$1,740,000$1,740,000
52$1,922,929$1,830,709$1,803,739$2,039,764
53$2,082,491$1,883,837$1,827,588$2,171,497
54$2,257,176$1,938,416$1,851,083$2,310,720
55$2,448,491$1,994,481$1,874,177$2,461,782
56$2,658,094$2,052,067$1,896,818$2,625,824
57$2,887,811$2,111,211$1,918,954$2,804,105
58$3,139,656$2,171,948$1,940,526$2,998,007
59$3,415,843$2,234,316$1,961,476$3,209,052
60$3,718,813$2,298,352$1,981,740$3,438,918
61$4,051,255$2,364,094$2,001,252$3,689,450
62$4,416,130$2,431,581$2,019,940$3,962,679
63$4,816,698$2,500,851$2,037,731$4,260,843
64$5,256,553$2,571,945$2,054,547$4,586,404
65$5,739,653$2,644,902$2,070,306$4,942,076
66$6,270,358$2,719,762$2,084,921$5,330,845
67$6,853,470$2,796,566$2,098,301$5,756,001
68$7,494,280$2,875,354$2,110,351$6,221,167
69$8,198,619$2,956,169$2,120,970$6,730,335
70$8,972,908$3,039,051$2,130,052$7,287,898
71$9,824,222$3,124,042$2,137,487$7,898,699
72$10,760,357$3,211,184$2,143,157$8,568,070
73$11,789,901$3,300,519$2,146,940$9,301,886
74$12,922,315$3,392,089$2,148,707$10,106,618
75$14,168,026$3,485,936$2,148,323$10,989,395
76$15,538,520$3,582,103$2,145,647$11,958,071
77$17,046,453$3,680,630$2,140,531$13,021,298
78$18,705,770$3,781,559$2,132,817$14,188,608
79$20,531,835$3,884,933$2,122,343$15,470,502
80$22,541,579$3,990,791$2,108,938$16,878,551
81$24,753,655$4,099,174$2,092,422$18,425,503
82$27,188,616$4,210,122$2,072,607$20,125,403
83$29,869,111$4,323,674$2,049,296$21,993,725
84$32,820,096$4,439,870$2,022,282$24,047,522
85$36,069,067$4,558,745$1,991,350$26,305,579
86$39,646,325$4,680,337$1,956,274$28,788,597
87$43,585,258$4,804,680$1,916,816$31,519,385
88$47,922,654$4,931,809$1,872,729$34,523,076
89$52,699,052$5,061,756$1,823,754$37,827,363
90$57,959,125$5,194,551$1,769,619$41,462,759
91$63,752,095$5,330,224$1,710,041$45,462,890
92$70,132,205$5,468,800$1,644,722$49,864,806
93$77,159,223$5,610,305$1,573,354$54,709,333
94$84,899,013$5,754,760$1,495,611$60,041,460
95$93,424,153$5,902,184$1,411,155$65,910,759
96$102,814,619$6,052,593$1,319,630$72,371,858
97$113,158,540$6,205,999$1,220,668$79,484,951
98$124,553,031$6,362,413$1,113,880$87,316,371
99$137,105,108$6,521,840$998,863$95,939,213
100$150,932,699$6,684,279$875,194$105,434,023