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%12.2%
1 years$161,029$159,595$158,195$156,829$155,496$154,064
2 years$79,717$78,233$76,794$75,399$74,046$72,603
3 years$52,617$51,126$49,691$48,309$46,978$45,569
4 years$39,070$37,583$36,162$34,804$33,505$32,141
5 years$30,943$29,466$28,063$26,733$25,470$24,155
6 years$25,527$24,061$22,679$21,378$20,153$18,889
7 years$21,660$20,206$18,847$17,576$16,390$15,177
8 years$18,761$17,320$15,983$14,744$13,597$12,435
9 years$16,508$15,081$13,767$12,559$11,451$10,339
10 years$14,706$13,293$12,002$10,826$9,757$8,695
11 years$13,233$11,834$10,566$9,422$8,391$7,378
12 years$12,006$10,621$9,377$8,264$7,271$6,307
13 years$10,969$9,599$8,378$7,296$6,341$5,423
14 years$10,081$8,725$7,528$6,477$5,558$4,686
15 years$9,312$7,970$6,797$5,776$4,894$4,067
16 years$8,639$7,313$6,162$5,172$4,325$3,541
17 years$8,047$6,735$5,607$4,647$3,835$3,093
18 years$7,520$6,223$5,119$4,188$3,410$2,708
19 years$7,050$5,768$4,686$3,784$3,039$2,376
20 years$6,627$5,359$4,300$3,427$2,715$2,089
21 years$6,245$4,992$3,956$3,110$2,430$1,840
22 years$5,899$4,660$3,646$2,828$2,178$1,622
23 years$5,583$4,358$3,366$2,575$1,955$1,433
24 years$5,293$4,084$3,113$2,349$1,757$1,266
25 years$5,027$3,832$2,883$2,145$1,581$1,120
26 years$4,782$3,602$2,674$1,961$1,424$992
27 years$4,556$3,390$2,483$1,795$1,284$879
28 years$4,346$3,194$2,308$1,645$1,159$780
29 years$4,151$3,013$2,148$1,508$1,046$692
30 years$3,969$2,846$2,001$1,384$945$614
31 years$3,800$2,690$1,865$1,271$855$545
32 years$3,641$2,545$1,741$1,169$773$485
33 years$3,492$2,410$1,625$1,075$700$431
34 years$3,352$2,285$1,518$989$633$383
35 years$3,221$2,167$1,420$910$574$340
36 years$3,097$2,057$1,328$838$520$303
37 years$2,980$1,953$1,243$772$471$269
38 years$2,870$1,856$1,164$712$427$240
39 years$2,765$1,765$1,091$656$387$213
40 years$2,666$1,679$1,022$605$351$190
41 years$2,572$1,599$958$559$319$169
42 years$2,483$1,523$899$515$289$151
43 years$2,398$1,451$844$476$262$134
44 years$2,317$1,383$792$439$238$119
45 years$2,240$1,319$744$406$216$106
46 years$2,166$1,258$698$375$196$95
47 years$2,096$1,200$656$346$178$84
48 years$2,029$1,146$617$320$162$75
49 years$1,965$1,094$580$296$147$67
50 years$1,904$1,045$545$273$134$60

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 $2,679 every year, while hoping to spend $56,602 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: 55/26/19 Blend
51$1,950,000$1,950,000$1,950,000$1,950,000
52$2,151,663$2,048,313$2,018,088$2,258,854
53$2,310,909$2,088,457$2,025,470$2,372,508
54$2,484,501$2,128,670$2,031,202$2,489,958
55$2,673,842$2,168,897$2,035,170$2,616,615
56$2,880,477$2,209,076$2,037,251$2,753,376
57$3,106,107$2,249,143$2,037,321$2,901,229
58$3,352,604$2,289,024$2,035,245$3,061,262
59$3,622,028$2,328,645$2,030,884$3,234,676
60$3,916,649$2,367,923$2,024,093$3,422,796
61$4,238,964$2,406,767$2,014,716$3,627,082
62$4,591,723$2,445,084$2,002,595$3,849,143
63$4,977,956$2,482,771$1,987,559$4,090,753
64$5,400,998$2,519,717$1,969,433$4,353,871
65$5,864,523$2,555,805$1,948,031$4,640,654
66$6,372,574$2,590,910$1,923,160$4,953,481
67$6,929,607$2,624,895$1,894,616$5,294,977
68$7,540,529$2,657,617$1,862,188$5,668,034
69$8,210,744$2,688,922$1,825,653$6,075,842
70$8,946,206$2,718,644$1,784,778$6,521,920
71$9,753,470$2,746,609$1,739,319$7,010,145
72$10,639,760$2,772,629$1,689,022$7,544,795
73$11,613,032$2,796,504$1,633,621$8,130,585
74$12,682,050$2,818,022$1,572,836$8,772,715
75$13,856,469$2,836,955$1,506,376$9,476,917
76$15,146,926$2,853,063$1,433,937$10,249,514
77$16,565,138$2,866,088$1,355,199$11,097,475
78$18,124,014$2,875,759$1,269,831$12,028,484
79$19,837,777$2,881,784$1,177,483$13,051,015
80$21,722,094$2,883,855$1,077,792$14,174,408
81$23,794,229$2,881,645$970,380$15,408,964
82$26,073,200$2,874,806$854,848$16,766,037
83$28,579,964$2,862,969$730,782$18,258,146
84$31,337,607$2,845,742$597,751$19,899,094
85$34,371,569$2,822,708$455,301$21,704,097
86$37,709,876$2,793,428$302,960$23,689,930
87$41,383,411$2,757,434$140,238$25,875,087
88$45,426,202$2,714,232$0$28,279,956
89$49,875,741$2,663,295$0$30,933,788
90$54,773,338$2,604,068$0$33,885,366
91$60,164,514$2,535,963$0$37,133,659
92$66,099,425$2,458,355$0$40,708,895
93$72,633,338$2,370,587$0$44,644,391
94$79,827,151$2,271,958$0$48,976,866
95$87,747,967$2,161,731$0$53,746,790
96$96,469,728$2,039,123$0$58,998,764
97$106,073,909$1,903,310$0$64,781,944
98$116,650,291$1,753,415$0$71,150,507
99$128,297,805$1,588,517$0$78,164,163
100$141,125,465$1,407,638$0$85,888,717