Can I retire at age 52 with 1,950,000?

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 $1,950,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$161,029$159,595$158,195$156,829$155,496$149,563
2 years$79,717$78,233$76,794$75,399$74,046$68,138
3 years$52,617$51,126$49,691$48,309$46,978$41,281
4 years$39,070$37,583$36,162$34,804$33,505$28,063
5 years$30,943$29,466$28,063$26,733$25,470$20,297
6 years$25,527$24,061$22,679$21,378$20,153$15,253
7 years$21,660$20,206$18,847$17,576$16,390$11,760
8 years$18,761$17,320$15,983$14,744$13,597$9,234
9 years$16,508$15,081$13,767$12,559$11,451$7,347
10 years$14,706$13,293$12,002$10,826$9,757$5,906
11 years$13,233$11,834$10,566$9,422$8,391$4,784
12 years$12,006$10,621$9,377$8,264$7,271$3,899
13 years$10,969$9,599$8,378$7,296$6,341$3,193
14 years$10,081$8,725$7,528$6,477$5,558$2,625
15 years$9,312$7,970$6,797$5,776$4,894$2,165
16 years$8,639$7,313$6,162$5,172$4,325$1,790
17 years$8,047$6,735$5,607$4,647$3,835$1,483
18 years$7,520$6,223$5,119$4,188$3,410$1,231
19 years$7,050$5,768$4,686$3,784$3,039$1,023
20 years$6,627$5,359$4,300$3,427$2,715$851
21 years$6,245$4,992$3,956$3,110$2,430$709
22 years$5,899$4,660$3,646$2,828$2,178$591
23 years$5,583$4,358$3,366$2,575$1,955$493
24 years$5,293$4,084$3,113$2,349$1,757$411
25 years$5,027$3,832$2,883$2,145$1,581$343
26 years$4,782$3,602$2,674$1,961$1,424$287
27 years$4,556$3,390$2,483$1,795$1,284$240
28 years$4,346$3,194$2,308$1,645$1,159$200
29 years$4,151$3,013$2,148$1,508$1,046$167
30 years$3,969$2,846$2,001$1,384$945$140
31 years$3,800$2,690$1,865$1,271$855$117
32 years$3,641$2,545$1,741$1,169$773$98
33 years$3,492$2,410$1,625$1,075$700$82
34 years$3,352$2,285$1,518$989$633$68
35 years$3,221$2,167$1,420$910$574$57
36 years$3,097$2,057$1,328$838$520$48
37 years$2,980$1,953$1,243$772$471$40
38 years$2,870$1,856$1,164$712$427$34
39 years$2,765$1,765$1,091$656$387$28
40 years$2,666$1,679$1,022$605$351$23
41 years$2,572$1,599$958$559$319$20
42 years$2,483$1,523$899$515$289$16
43 years$2,398$1,451$844$476$262$14
44 years$2,317$1,383$792$439$238$12
45 years$2,240$1,319$744$406$216$10
46 years$2,166$1,258$698$375$196$8
47 years$2,096$1,200$656$346$178$7
48 years$2,029$1,146$617$320$162$6
49 years$1,965$1,094$580$296$147$5
50 years$1,904$1,045$545$273$134$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,950,000, adding $3,109 every year, while hoping to spend $24,702 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: 78/11/11 Blend
51$1,950,000$1,950,000$1,950,000$1,950,000
52$2,152,107$2,048,757$2,018,532$2,315,464
53$2,345,339$2,122,863$2,059,870$2,497,423
54$2,557,453$2,199,773$2,101,765$2,693,458
55$2,790,349$2,279,597$2,144,210$2,907,758
56$3,046,119$2,362,452$2,187,195$3,142,133
57$3,327,069$2,448,458$2,230,712$3,398,578
58$3,635,738$2,537,741$2,274,749$3,679,290
59$3,974,925$2,630,432$2,319,295$3,986,688
60$4,347,712$2,726,668$2,364,336$4,323,434
61$4,757,495$2,826,591$2,409,857$4,692,463
62$5,208,014$2,930,348$2,455,843$5,097,006
63$5,703,392$3,038,096$2,502,274$5,540,621
64$6,248,170$3,149,994$2,549,131$6,027,229
65$6,847,350$3,266,211$2,596,394$6,561,147
66$7,506,445$3,386,921$2,644,039$7,147,131
67$8,231,530$3,512,307$2,692,041$7,790,420
68$9,029,294$3,642,558$2,740,373$8,496,784
69$9,907,113$3,777,874$2,789,006$9,272,581
70$10,873,109$3,918,460$2,837,908$10,124,815
71$11,936,234$4,064,533$2,887,046$11,061,200
72$13,106,350$4,216,316$2,936,383$12,090,237
73$14,394,327$4,374,044$2,985,881$13,221,290
74$15,812,137$4,537,961$3,035,497$14,464,675
75$17,372,976$4,708,323$3,085,187$15,831,757
76$19,091,383$4,885,393$3,134,904$17,335,060
77$20,983,378$5,069,451$3,184,597$18,988,381
78$23,066,613$5,260,785$3,234,212$20,806,920
79$25,360,541$5,459,697$3,283,691$22,807,425
80$27,886,595$5,666,501$3,332,974$25,008,350
81$30,668,394$5,881,526$3,381,994$27,430,027
82$33,731,963$6,105,114$3,430,684$30,094,859
83$37,105,981$6,337,622$3,478,970$33,027,529
84$40,822,050$6,579,425$3,526,775$36,255,236
85$44,914,993$6,830,910$3,574,015$39,807,947
86$49,423,182$7,092,485$3,620,605$43,718,683
87$54,388,903$7,364,572$3,666,451$48,023,831
88$59,858,750$7,647,616$3,711,457$52,763,481
89$65,884,071$7,942,077$3,755,519$57,981,810
90$72,521,446$8,248,439$3,798,528$63,727,496
91$79,833,225$8,567,204$3,840,370$70,054,179
92$87,888,115$8,898,898$3,880,924$77,020,964
93$96,761,829$9,244,070$3,920,061$84,692,977
94$106,537,799$9,603,293$3,957,646$93,141,988
95$117,307,965$9,977,165$3,993,538$102,447,075
96$129,173,642$10,366,311$4,027,586$112,695,381
97$142,246,477$10,771,383$4,059,634$123,982,930
98$156,649,501$11,193,064$4,089,514$136,415,535
99$172,518,290$11,632,064$4,117,053$150,109,794
100$190,002,247$12,089,127$4,142,067$165,194,195