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

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 $1,960,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$161,855$160,413$159,007$157,634$156,293$150,808
2 years$80,126$78,634$77,188$75,785$74,425$68,956
3 years$52,887$51,388$49,946$48,556$47,218$41,938
4 years$39,270$37,776$36,348$34,982$33,677$28,625
5 years$31,102$29,617$28,207$26,870$25,600$20,791
6 years$25,658$24,184$22,796$21,488$20,257$15,693
7 years$21,771$20,310$18,943$17,666$16,474$12,155
8 years$18,858$17,409$16,065$14,820$13,667$9,589
9 years$16,593$15,158$13,837$12,623$11,510$7,668
10 years$14,782$13,361$12,064$10,881$9,807$6,194
11 years$13,301$11,894$10,621$9,470$8,434$5,044
12 years$12,068$10,676$9,425$8,307$7,309$4,133
13 years$11,025$9,648$8,421$7,333$6,373$3,403
14 years$10,132$8,770$7,566$6,510$5,587$2,814
15 years$9,359$8,011$6,831$5,806$4,919$2,334
16 years$8,684$7,350$6,194$5,198$4,348$1,941
17 years$8,088$6,769$5,636$4,671$3,855$1,617
18 years$7,559$6,255$5,145$4,209$3,428$1,350
19 years$7,086$5,797$4,710$3,803$3,055$1,129
20 years$6,661$5,387$4,323$3,445$2,729$945
21 years$6,278$5,018$3,976$3,126$2,442$792
22 years$5,929$4,684$3,664$2,842$2,189$664
23 years$5,611$4,381$3,383$2,589$1,965$558
24 years$5,320$4,104$3,129$2,361$1,766$468
25 years$5,053$3,852$2,898$2,156$1,589$394
26 years$4,807$3,620$2,688$1,972$1,431$331
27 years$4,579$3,407$2,496$1,805$1,291$278
28 years$4,368$3,210$2,320$1,653$1,165$234
29 years$4,172$3,029$2,159$1,516$1,052$197
30 years$3,990$2,860$2,011$1,392$950$166
31 years$3,819$2,704$1,875$1,278$859$139
32 years$3,660$2,558$1,749$1,174$777$117
33 years$3,510$2,423$1,633$1,080$703$99
34 years$3,370$2,296$1,526$994$637$83
35 years$3,237$2,178$1,427$915$577$70
36 years$3,113$2,067$1,335$843$522$59
37 years$2,995$1,963$1,249$776$474$50
38 years$2,884$1,866$1,170$715$429$42
39 years$2,779$1,774$1,096$660$389$35
40 years$2,680$1,688$1,027$608$353$30
41 years$2,585$1,607$963$561$320$25
42 years$2,495$1,530$904$518$291$21
43 years$2,410$1,458$848$478$264$18
44 years$2,329$1,390$796$442$239$15
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$9
48 years$2,040$1,152$620$322$163$8
49 years$1,975$1,100$583$297$148$6
50 years$1,914$1,051$548$275$134$5

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 $3,170 every year, while hoping to spend $38,023 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: 64/18/18 Blend
51$1,960,000$1,960,000$1,960,000$1,960,000
52$2,163,190$2,059,310$2,028,930$2,291,673
53$2,343,379$2,119,760$2,056,443$2,438,793
54$2,540,673$2,181,898$2,083,603$2,594,828
55$2,756,777$2,245,765$2,110,359$2,764,384
56$2,993,567$2,311,407$2,136,655$2,948,783
57$3,253,111$2,378,866$2,162,433$3,149,479
58$3,537,686$2,448,188$2,187,632$3,368,077
59$3,849,800$2,519,419$2,212,188$3,606,342
60$4,192,214$2,592,605$2,236,030$3,866,217
61$4,567,971$2,667,794$2,259,089$4,149,844
62$4,980,422$2,745,034$2,281,286$4,459,583
63$5,433,258$2,824,374$2,302,542$4,798,029
64$5,930,546$2,905,864$2,322,773$5,168,046
65$6,476,765$2,989,554$2,341,889$5,572,785
66$7,076,849$3,075,497$2,359,796$6,015,720
67$7,736,235$3,163,743$2,376,397$6,500,675
68$8,460,910$3,254,346$2,391,585$7,031,865
69$9,257,473$3,347,359$2,405,254$7,613,933
70$10,133,193$3,442,837$2,417,287$8,251,995
71$11,096,077$3,540,834$2,427,564$8,951,686
72$12,154,947$3,641,406$2,435,959$9,719,217
73$13,319,526$3,744,609$2,442,337$10,561,428
74$14,600,522$3,850,498$2,446,560$11,485,858
75$16,009,735$3,959,133$2,448,479$12,500,813
76$17,560,166$4,070,569$2,447,942$13,615,445
77$19,266,141$4,184,865$2,444,786$14,839,838
78$21,143,443$4,302,078$2,438,841$16,185,102
79$23,209,462$4,422,268$2,429,931$17,663,483
80$25,483,361$4,545,493$2,417,867$19,288,470
81$27,986,254$4,671,812$2,402,455$21,074,931
82$30,741,404$4,801,284$2,383,491$23,039,245
83$33,774,448$4,933,967$2,360,758$25,199,465
84$37,113,630$5,069,920$2,334,032$27,575,482
85$40,790,076$5,209,202$2,303,078$30,189,214
86$44,838,082$5,351,871$2,267,649$33,064,815
87$49,295,438$5,497,984$2,227,487$36,228,901
88$54,203,786$5,647,599$2,182,321$39,710,801
89$59,609,012$5,800,771$2,131,869$43,542,838
90$65,561,680$5,957,557$2,075,835$47,760,628
91$72,117,504$6,118,011$2,013,908$52,403,418
92$79,337,882$6,282,185$1,945,766$57,514,461
93$87,290,466$6,450,133$1,871,070$63,141,418
94$96,049,808$6,621,904$1,789,465$69,336,813
95$105,698,058$6,797,546$1,700,582$76,158,524
96$116,325,741$6,977,107$1,604,032$83,670,336
97$128,032,612$7,160,631$1,499,412$91,942,535
98$140,928,595$7,348,159$1,386,300$101,052,581
99$155,134,824$7,539,730$1,264,253$111,085,830
100$170,784,780$7,735,382$1,132,810$122,136,347