Can I retire at age 52 with 1,940,000?

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 $1,940,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$160,203$158,776$157,384$156,025$154,698$151,637
2 years$79,309$77,832$76,400$75,012$73,666$70,594
3 years$52,347$50,864$49,436$48,061$46,737$43,751
4 years$38,869$37,390$35,977$34,625$33,333$30,456
5 years$30,784$29,314$27,919$26,596$25,339$22,579
6 years$25,396$23,937$22,563$21,269$20,050$17,410
7 years$21,549$20,103$18,750$17,486$16,306$13,787
8 years$18,665$17,232$15,901$14,669$13,527$11,128
9 years$16,423$15,003$13,696$12,494$11,392$9,111
10 years$14,631$13,225$11,940$10,770$9,707$7,542
11 years$13,165$11,773$10,512$9,373$8,348$6,297
12 years$11,945$10,567$9,329$8,222$7,234$5,293
13 years$10,913$9,549$8,335$7,259$6,308$4,475
14 years$10,029$8,680$7,489$6,443$5,530$3,800
15 years$9,264$7,929$6,762$5,746$4,869$3,240
16 years$8,595$7,275$6,130$5,145$4,303$2,770
17 years$8,005$6,700$5,578$4,623$3,816$2,375
18 years$7,482$6,191$5,092$4,166$3,393$2,041
19 years$7,014$5,738$4,662$3,765$3,024$1,758
20 years$6,593$5,332$4,278$3,409$2,701$1,516
21 years$6,213$4,967$3,935$3,094$2,417$1,309
22 years$5,868$4,636$3,627$2,813$2,167$1,132
23 years$5,554$4,336$3,349$2,562$1,945$979
24 years$5,266$4,063$3,097$2,337$1,748$848
25 years$5,002$3,813$2,869$2,134$1,573$735
26 years$4,758$3,583$2,660$1,951$1,417$638
27 years$4,533$3,372$2,470$1,786$1,277$554
28 years$4,324$3,178$2,297$1,637$1,153$481
29 years$4,130$2,998$2,137$1,501$1,041$418
30 years$3,949$2,831$1,991$1,377$940$363
31 years$3,780$2,676$1,856$1,265$850$315
32 years$3,622$2,532$1,732$1,163$769$274
33 years$3,474$2,398$1,617$1,069$696$239
34 years$3,335$2,273$1,511$984$630$208
35 years$3,204$2,156$1,412$905$571$181
36 years$3,081$2,046$1,321$834$517$157
37 years$2,965$1,943$1,237$768$469$137
38 years$2,855$1,847$1,158$708$425$119
39 years$2,751$1,756$1,085$653$385$104
40 years$2,652$1,671$1,017$602$350$90
41 years$2,559$1,591$954$556$317$79
42 years$2,470$1,515$894$513$288$68
43 years$2,385$1,443$839$473$261$60
44 years$2,305$1,376$788$437$237$52
45 years$2,228$1,312$740$404$215$45
46 years$2,155$1,251$695$373$195$39
47 years$2,086$1,194$653$345$177$34
48 years$2,019$1,140$613$318$161$30
49 years$1,955$1,089$577$294$146$26
50 years$1,894$1,040$542$272$133$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,940,000, adding $5,391 every year, while hoping to spend $41,829 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: 57/25/18 Blend
51$1,940,000$1,940,000$1,940,000$1,940,000
52$2,143,441$2,040,621$2,010,551$2,255,132
53$2,317,566$2,096,106$2,033,399$2,387,134
54$2,508,050$2,152,907$2,055,610$2,525,920
55$2,716,517$2,211,046$2,077,119$2,676,225
56$2,944,757$2,270,542$2,097,857$2,839,166
57$3,194,738$2,331,414$2,117,751$3,015,972
58$3,468,630$2,393,682$2,136,725$3,207,995
59$3,768,822$2,457,364$2,154,697$3,416,727
60$4,097,945$2,522,478$2,171,582$3,643,809
61$4,458,897$2,589,041$2,187,292$3,891,048
62$4,854,869$2,657,069$2,201,730$4,160,438
63$5,289,377$2,726,576$2,214,800$4,454,171
64$5,766,293$2,797,578$2,226,395$4,774,664
65$6,289,882$2,870,087$2,236,407$5,124,580
66$6,864,844$2,944,115$2,244,720$5,506,853
67$7,496,354$3,019,672$2,251,214$5,924,712
68$8,190,113$3,096,767$2,255,761$6,381,720
69$8,952,403$3,175,408$2,258,227$6,881,798
70$9,790,145$3,255,599$2,258,474$7,429,269
71$10,710,961$3,337,344$2,256,354$8,028,895
72$11,723,250$3,420,645$2,251,713$8,685,924
73$12,836,265$3,505,501$2,244,389$9,406,137
74$14,060,201$3,591,907$2,234,213$10,195,906
75$15,406,289$3,679,859$2,221,008$11,062,252
76$16,886,905$3,769,346$2,204,586$12,012,912
77$18,515,683$3,860,358$2,184,753$13,056,409
78$20,307,645$3,952,877$2,161,304$14,202,139
79$22,279,343$4,046,887$2,134,026$15,460,453
80$24,449,014$4,142,362$2,102,694$16,842,760
81$26,836,753$4,239,277$2,067,074$18,361,631
82$29,464,700$4,337,600$2,026,919$20,030,920
83$32,357,251$4,437,295$1,981,973$21,865,895
84$35,541,289$4,538,320$1,931,967$23,883,379
85$39,046,431$4,640,628$1,876,618$26,101,913
86$42,905,316$4,744,168$1,815,634$28,541,930
87$47,153,905$4,848,879$1,748,705$31,225,947
88$51,831,827$4,954,698$1,675,510$34,178,779
89$56,982,745$5,061,550$1,595,711$37,427,771
90$62,654,776$5,169,357$1,508,958$41,003,061
91$68,900,937$5,278,029$1,414,882$44,937,860
92$75,779,650$5,387,470$1,313,099$49,268,770
93$83,355,294$5,497,575$1,203,207$54,036,125
94$91,698,805$5,608,228$1,084,786$59,284,378
95$100,888,355$5,719,303$957,398$65,062,515
96$111,010,082$5,830,663$820,585$71,424,524
97$122,158,904$5,942,160$673,869$78,429,898
98$134,439,419$6,053,633$516,750$86,144,205
99$147,966,887$6,164,907$348,708$94,639,702
100$162,868,317$6,275,796$169,198$103,996,019