Can I retire at age 52 with 1,970,000?

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 $1,970,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$162,681$161,232$159,818$158,438$157,091$152,428
2 years$80,535$79,035$77,582$76,172$74,805$70,147
3 years$53,157$51,650$50,200$48,804$47,459$42,951
4 years$39,470$37,968$36,533$35,161$33,848$29,524
5 years$31,260$29,768$28,351$27,007$25,731$21,602
6 years$25,789$24,308$22,912$21,598$20,360$16,431
7 years$21,883$20,413$19,040$17,757$16,558$12,829
8 years$18,954$17,498$16,147$14,896$13,737$10,205
9 years$16,677$15,235$13,908$12,688$11,568$8,230
10 years$14,857$13,429$12,125$10,937$9,857$6,707
11 years$13,369$11,955$10,675$9,518$8,477$5,511
12 years$12,129$10,730$9,474$8,349$7,346$4,558
13 years$11,082$9,697$8,464$7,371$6,406$3,789
14 years$10,184$8,814$7,605$6,543$5,615$3,163
15 years$9,407$8,052$6,866$5,835$4,944$2,650
16 years$8,728$7,388$6,225$5,225$4,370$2,226
17 years$8,129$6,804$5,665$4,694$3,875$1,874
18 years$7,598$6,287$5,171$4,231$3,445$1,581
19 years$7,122$5,827$4,734$3,823$3,071$1,336
20 years$6,695$5,414$4,345$3,462$2,743$1,131
21 years$6,310$5,043$3,996$3,142$2,454$958
22 years$5,959$4,708$3,683$2,857$2,200$812
23 years$5,640$4,403$3,401$2,602$1,975$689
24 years$5,347$4,125$3,145$2,373$1,775$585
25 years$5,079$3,871$2,913$2,167$1,597$497
26 years$4,831$3,639$2,702$1,982$1,439$423
27 years$4,603$3,424$2,509$1,814$1,297$360
28 years$4,391$3,227$2,332$1,662$1,170$306
29 years$4,194$3,044$2,170$1,524$1,057$260
30 years$4,010$2,875$2,022$1,399$955$222
31 years$3,839$2,718$1,885$1,285$863$189
32 years$3,678$2,571$1,758$1,180$781$161
33 years$3,528$2,435$1,642$1,086$707$137
34 years$3,387$2,308$1,534$999$640$117
35 years$3,254$2,189$1,434$919$580$99
36 years$3,129$2,078$1,342$847$525$85
37 years$3,011$1,973$1,256$780$476$72
38 years$2,899$1,875$1,176$719$432$61
39 years$2,793$1,783$1,102$663$391$52
40 years$2,693$1,697$1,033$612$355$45
41 years$2,598$1,615$968$564$322$38
42 years$2,508$1,538$908$521$292$32
43 years$2,422$1,466$852$481$265$28
44 years$2,341$1,397$800$444$241$24
45 years$2,263$1,332$751$410$219$20
46 years$2,189$1,271$706$379$198$17
47 years$2,118$1,213$663$350$180$15
48 years$2,050$1,158$623$323$164$12
49 years$1,985$1,106$586$299$149$11
50 years$1,923$1,056$550$276$135$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,970,000, adding $6,350 every year, while hoping to spend $23,909 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: 68/18/14 Blend
51$1,970,000$1,970,000$1,970,000$1,970,000
52$2,177,490$2,073,080$2,042,545$2,318,156
53$2,374,155$2,149,222$2,085,531$2,488,777
54$2,590,079$2,228,294$2,129,156$2,671,890
55$2,827,200$2,310,413$2,173,416$2,871,557
56$3,087,654$2,395,704$2,218,306$3,089,402
57$3,373,796$2,484,294$2,263,820$3,327,211
58$3,688,217$2,576,319$2,309,952$3,586,952
59$4,033,774$2,671,916$2,356,694$3,870,789
60$4,413,612$2,771,233$2,404,036$4,181,107
61$4,831,197$2,874,421$2,451,968$4,520,531
62$5,290,350$2,981,638$2,500,480$4,891,951
63$5,795,276$3,093,049$2,549,557$5,298,548
64$6,350,613$3,208,827$2,599,185$5,743,827
65$6,961,466$3,329,150$2,649,349$6,231,647
66$7,633,464$3,454,207$2,700,031$6,766,259
67$8,372,807$3,584,193$2,751,211$7,352,341
68$9,186,326$3,719,310$2,802,869$7,995,049
69$10,081,547$3,859,773$2,854,981$8,700,060
70$11,066,765$4,005,802$2,907,523$9,473,627
71$12,151,117$4,157,628$2,960,467$10,322,639
72$13,344,673$4,315,494$3,013,785$11,254,681
73$14,658,527$4,479,651$3,067,444$12,278,110
74$16,104,904$4,650,361$3,121,411$13,402,133
75$17,697,275$4,827,899$3,175,649$14,636,889
76$19,450,482$5,012,551$3,230,118$15,993,551
77$21,380,881$5,204,616$3,284,777$17,484,425
78$23,506,494$5,404,405$3,339,580$19,123,067
79$25,847,179$5,612,244$3,394,479$20,924,415
80$28,424,820$5,828,472$3,449,422$22,904,922
81$31,263,528$6,053,444$3,504,354$25,082,718
82$34,389,875$6,287,530$3,559,217$27,477,774
83$37,833,140$6,531,116$3,613,949$30,112,095
84$41,625,586$6,784,607$3,668,482$33,009,925
85$45,802,766$7,048,422$3,722,745$36,197,975
86$50,403,856$7,323,003$3,776,665$39,705,675
87$55,472,027$7,608,808$3,830,162$43,565,451
88$61,054,852$7,906,317$3,883,150$47,813,029
89$67,204,752$8,216,032$3,935,541$52,487,776
90$73,979,494$8,538,475$3,987,239$57,633,064
91$81,442,736$8,874,194$4,038,145$63,296,684
92$89,664,624$9,223,759$4,088,152$69,531,294
93$98,722,459$9,587,766$4,137,148$76,394,917
94$108,701,422$9,966,839$4,185,015$83,951,485
95$119,695,382$10,361,629$4,231,628$92,271,444
96$131,807,778$10,772,816$4,276,854$101,432,417
97$145,152,597$11,201,110$4,320,555$111,519,937
98$159,855,452$11,647,254$4,362,583$122,628,249
99$176,054,762$12,112,023$4,402,783$134,861,207
100$193,903,064$12,596,229$4,440,993$148,333,244