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%19.2%
1 years$160,203$158,776$157,384$156,025$154,698$148,973
2 years$79,309$77,832$76,400$75,012$73,666$67,962
3 years$52,347$50,864$49,436$48,061$46,737$41,234
4 years$38,869$37,390$35,977$34,625$33,333$28,073
5 years$30,784$29,314$27,919$26,596$25,339$20,336
6 years$25,396$23,937$22,563$21,269$20,050$15,308
7 years$21,549$20,103$18,750$17,486$16,306$11,823
8 years$18,665$17,232$15,901$14,669$13,527$9,299
9 years$16,423$15,003$13,696$12,494$11,392$7,413
10 years$14,631$13,225$11,940$10,770$9,707$5,970
11 years$13,165$11,773$10,512$9,373$8,348$4,845
12 years$11,945$10,567$9,329$8,222$7,234$3,957
13 years$10,913$9,549$8,335$7,259$6,308$3,247
14 years$10,029$8,680$7,489$6,443$5,530$2,675
15 years$9,264$7,929$6,762$5,746$4,869$2,211
16 years$8,595$7,275$6,130$5,145$4,303$1,832
17 years$8,005$6,700$5,578$4,623$3,816$1,521
18 years$7,482$6,191$5,092$4,166$3,393$1,265
19 years$7,014$5,738$4,662$3,765$3,024$1,054
20 years$6,593$5,332$4,278$3,409$2,701$879
21 years$6,213$4,967$3,935$3,094$2,417$734
22 years$5,868$4,636$3,627$2,813$2,167$613
23 years$5,554$4,336$3,349$2,562$1,945$513
24 years$5,266$4,063$3,097$2,337$1,748$429
25 years$5,002$3,813$2,869$2,134$1,573$359
26 years$4,758$3,583$2,660$1,951$1,417$300
27 years$4,533$3,372$2,470$1,786$1,277$252
28 years$4,324$3,178$2,297$1,637$1,153$211
29 years$4,130$2,998$2,137$1,501$1,041$177
30 years$3,949$2,831$1,991$1,377$940$148
31 years$3,780$2,676$1,856$1,265$850$124
32 years$3,622$2,532$1,732$1,163$769$104
33 years$3,474$2,398$1,617$1,069$696$87
34 years$3,335$2,273$1,511$984$630$73
35 years$3,204$2,156$1,412$905$571$61
36 years$3,081$2,046$1,321$834$517$51
37 years$2,965$1,943$1,237$768$469$43
38 years$2,855$1,847$1,158$708$425$36
39 years$2,751$1,756$1,085$653$385$30
40 years$2,652$1,671$1,017$602$350$25
41 years$2,559$1,591$954$556$317$21
42 years$2,470$1,515$894$513$288$18
43 years$2,385$1,443$839$473$261$15
44 years$2,305$1,376$788$437$237$13
45 years$2,228$1,312$740$404$215$11
46 years$2,155$1,251$695$373$195$9
47 years$2,086$1,194$653$345$177$7
48 years$2,019$1,140$613$318$161$6
49 years$1,955$1,089$577$294$146$5
50 years$1,894$1,040$542$272$133$4

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 $4,130 every year, while hoping to spend $41,329 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: 46/37/17 Blend
51$1,940,000$1,940,000$1,940,000$1,940,000
52$2,142,140$2,039,320$2,009,250$2,230,129
53$2,316,665$2,095,273$2,032,586$2,347,828
54$2,507,606$2,152,583$2,055,319$2,470,955
55$2,716,594$2,211,271$2,077,384$2,603,652
56$2,945,425$2,271,362$2,098,715$2,746,826
57$3,196,076$2,332,877$2,119,240$2,901,476
58$3,470,726$2,395,838$2,138,885$3,068,701
59$3,771,773$2,460,267$2,157,570$3,249,712
60$4,101,858$2,526,184$2,175,213$3,445,841
61$4,463,890$2,593,610$2,191,726$3,658,555
62$4,861,075$2,662,565$2,207,016$3,889,472
63$5,296,941$2,733,067$2,220,988$4,140,369
64$5,775,377$2,805,135$2,233,539$4,413,209
65$6,300,665$2,878,786$2,244,562$4,710,148
66$6,877,522$2,954,037$2,253,945$5,033,567
67$7,511,146$3,030,901$2,261,569$5,386,083
68$8,207,262$3,109,394$2,267,310$5,770,583
69$8,972,175$3,189,527$2,271,037$6,190,246
70$9,812,835$3,271,311$2,272,615$6,648,574
71$10,736,895$3,354,756$2,271,898$7,149,426
72$11,752,788$3,439,870$2,268,737$7,697,053
73$12,869,805$3,526,656$2,262,972$8,296,140
74$14,098,183$3,615,120$2,254,439$8,951,848
75$15,449,198$3,705,261$2,242,964$9,669,863
76$16,935,276$3,797,079$2,228,363$10,456,451
77$18,570,108$3,890,569$2,210,446$11,318,519
78$20,368,776$3,985,724$2,189,014$12,263,673
79$22,347,901$4,082,535$2,163,855$13,300,298
80$24,525,794$4,180,986$2,134,752$14,437,634
81$26,922,632$4,281,061$2,101,473$15,685,861
82$29,560,647$4,382,740$2,063,779$17,056,199
83$32,464,334$4,485,995$2,021,416$18,561,010
84$35,660,685$4,590,798$1,974,123$20,213,921
85$39,179,441$4,697,113$1,921,622$22,029,945
86$43,053,373$4,804,900$1,863,625$24,025,629
87$47,318,592$4,914,115$1,799,831$26,219,207
88$52,014,887$5,024,705$1,729,924$28,630,775
89$57,186,102$5,136,613$1,653,573$31,282,478
90$62,880,551$5,249,773$1,570,435$34,198,721
91$69,151,470$5,364,115$1,480,147$37,406,401
92$76,057,521$5,479,558$1,382,333$40,935,156
93$83,663,347$5,596,014$1,276,600$44,817,653
94$92,040,177$5,713,388$1,162,535$49,089,890
95$101,266,504$5,831,573$1,039,708$53,791,540
96$111,428,820$5,950,453$907,672$58,966,325
97$122,622,437$6,069,902$765,955$64,662,428
98$134,952,380$6,189,782$614,070$70,932,950
99$148,534,385$6,309,943$451,503$77,836,412
100$163,495,985$6,430,224$277,722$85,437,306