Can I retire at age 52 with 1,960,000?

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 $1,960,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.5%
1 years$161,855$160,413$159,007$157,634$156,293$150,928
2 years$80,126$78,634$77,188$75,785$74,425$69,075
3 years$52,887$51,388$49,946$48,556$47,218$42,050
4 years$39,270$37,776$36,348$34,982$33,677$28,730
5 years$31,102$29,617$28,207$26,870$25,600$20,889
6 years$25,658$24,184$22,796$21,488$20,257$15,785
7 years$21,771$20,310$18,943$17,666$16,474$12,240
8 years$18,858$17,409$16,065$14,820$13,667$9,668
9 years$16,593$15,158$13,837$12,623$11,510$7,740
10 years$14,782$13,361$12,064$10,881$9,807$6,261
11 years$13,301$11,894$10,621$9,470$8,434$5,105
12 years$12,068$10,676$9,425$8,307$7,309$4,188
13 years$11,025$9,648$8,421$7,333$6,373$3,453
14 years$10,132$8,770$7,566$6,510$5,587$2,859
15 years$9,359$8,011$6,831$5,806$4,919$2,375
16 years$8,684$7,350$6,194$5,198$4,348$1,978
17 years$8,088$6,769$5,636$4,671$3,855$1,651
18 years$7,559$6,255$5,145$4,209$3,428$1,380
19 years$7,086$5,797$4,710$3,803$3,055$1,156
20 years$6,661$5,387$4,323$3,445$2,729$969
21 years$6,278$5,018$3,976$3,126$2,442$813
22 years$5,929$4,684$3,664$2,842$2,189$683
23 years$5,611$4,381$3,383$2,589$1,965$574
24 years$5,320$4,104$3,129$2,361$1,766$483
25 years$5,053$3,852$2,898$2,156$1,589$407
26 years$4,807$3,620$2,688$1,972$1,431$342
27 years$4,579$3,407$2,496$1,805$1,291$288
28 years$4,368$3,210$2,320$1,653$1,165$243
29 years$4,172$3,029$2,159$1,516$1,052$205
30 years$3,990$2,860$2,011$1,392$950$173
31 years$3,819$2,704$1,875$1,278$859$146
32 years$3,660$2,558$1,749$1,174$777$123
33 years$3,510$2,423$1,633$1,080$703$103
34 years$3,370$2,296$1,526$994$637$87
35 years$3,237$2,178$1,427$915$577$74
36 years$3,113$2,067$1,335$843$522$62
37 years$2,995$1,963$1,249$776$474$52
38 years$2,884$1,866$1,170$715$429$44
39 years$2,779$1,774$1,096$660$389$37
40 years$2,680$1,688$1,027$608$353$31
41 years$2,585$1,607$963$561$320$27
42 years$2,495$1,530$904$518$291$22
43 years$2,410$1,458$848$478$264$19
44 years$2,329$1,390$796$442$239$16
45 years$2,251$1,325$747$408$217$13
46 years$2,178$1,264$702$377$197$11
47 years$2,107$1,207$660$348$179$10
48 years$2,040$1,152$620$322$163$8
49 years$1,975$1,100$583$297$148$7
50 years$1,914$1,051$548$275$134$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,960,000, adding $5,035 every year, while hoping to spend $21,563 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: 81/9/10 Blend
51$1,960,000$1,960,000$1,960,000$1,960,000
52$2,165,114$2,061,234$2,030,854$2,336,644
53$2,363,012$2,139,291$2,075,944$2,527,865
54$2,580,374$2,220,451$2,121,823$2,734,356
55$2,819,161$2,304,842$2,168,493$2,960,360
56$3,081,536$2,392,599$2,215,957$3,207,821
57$3,369,879$2,483,863$2,264,219$3,478,877
58$3,686,815$2,578,781$2,313,279$3,775,887
59$4,035,235$2,677,507$2,363,139$4,101,443
60$4,418,324$2,780,199$2,413,798$4,458,405
61$4,839,589$2,887,025$2,465,257$4,849,920
62$5,302,897$2,998,159$2,517,513$5,279,454
63$5,812,507$3,113,784$2,570,564$5,750,828
64$6,373,112$3,234,088$2,624,407$6,268,247
65$6,989,883$3,359,271$2,679,038$6,836,345
66$7,668,515$3,489,540$2,734,450$7,460,226
67$8,415,286$3,625,110$2,790,636$8,145,512
68$9,237,112$3,766,207$2,847,589$8,898,399
69$10,141,614$3,913,067$2,905,300$9,725,708
70$11,137,187$4,065,937$2,963,756$10,634,959
71$12,233,085$4,225,072$3,022,947$11,634,431
72$13,439,501$4,390,742$3,082,857$12,733,249
73$14,767,669$4,563,228$3,143,472$13,941,465
74$16,229,967$4,742,821$3,204,773$15,270,153
75$17,840,032$4,929,828$3,266,742$16,731,515
76$19,612,895$5,124,569$3,329,357$18,338,993
77$21,565,114$5,327,377$3,392,595$20,107,399
78$23,714,939$5,538,601$3,456,430$22,053,052
79$26,082,476$5,758,606$3,520,834$24,193,932
80$28,689,883$5,987,773$3,585,777$26,549,850
81$31,561,577$6,226,499$3,651,225$29,142,634
82$34,724,461$6,475,201$3,717,144$31,996,336
83$38,208,182$6,734,312$3,783,495$35,137,456
84$42,045,411$7,004,287$3,850,237$38,595,195
85$46,272,147$7,285,601$3,917,323$42,401,727
86$50,928,060$7,578,750$3,984,708$46,592,505
87$56,056,865$7,884,252$4,052,339$51,206,593
88$61,706,734$8,202,649$4,120,161$56,287,035
89$67,930,750$8,534,507$4,188,115$61,881,263
90$74,787,408$8,880,420$4,256,138$68,041,541
91$82,341,168$9,241,005$4,324,163$74,825,457
92$90,663,063$9,616,910$4,392,119$82,296,472
93$99,831,370$10,008,813$4,459,929$90,524,512
94$109,932,344$10,417,419$4,527,512$99,586,631
95$121,061,041$10,843,471$4,594,781$109,567,737
96$133,322,206$11,287,739$4,661,645$120,561,393
97$146,831,267$11,751,035$4,728,006$132,670,697
98$161,715,424$12,234,203$4,793,762$146,009,260
99$178,114,847$12,738,129$4,858,802$160,702,275
100$196,184,001$13,263,737$4,923,012$176,887,694