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

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 $1,970,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$162,681$161,232$159,818$158,438$157,091$154,108
2 years$80,535$79,035$77,582$76,172$74,805$71,812
3 years$53,157$51,650$50,200$48,804$47,459$44,549
4 years$39,470$37,968$36,533$35,161$33,848$31,043
5 years$31,260$29,768$28,351$27,007$25,731$23,038
6 years$25,789$24,308$22,912$21,598$20,360$17,783
7 years$21,883$20,413$19,040$17,757$16,558$14,098
8 years$18,954$17,498$16,147$14,896$13,737$11,393
9 years$16,677$15,235$13,908$12,688$11,568$9,339
10 years$14,857$13,429$12,125$10,937$9,857$7,740
11 years$13,369$11,955$10,675$9,518$8,477$6,470
12 years$12,129$10,730$9,474$8,349$7,346$5,446
13 years$11,082$9,697$8,464$7,371$6,406$4,610
14 years$10,184$8,814$7,605$6,543$5,615$3,921
15 years$9,407$8,052$6,866$5,835$4,944$3,347
16 years$8,728$7,388$6,225$5,225$4,370$2,866
17 years$8,129$6,804$5,665$4,694$3,875$2,461
18 years$7,598$6,287$5,171$4,231$3,445$2,118
19 years$7,122$5,827$4,734$3,823$3,071$1,826
20 years$6,695$5,414$4,345$3,462$2,743$1,577
21 years$6,310$5,043$3,996$3,142$2,454$1,364
22 years$5,959$4,708$3,683$2,857$2,200$1,181
23 years$5,640$4,403$3,401$2,602$1,975$1,024
24 years$5,347$4,125$3,145$2,373$1,775$888
25 years$5,079$3,871$2,913$2,167$1,597$771
26 years$4,831$3,639$2,702$1,982$1,439$670
27 years$4,603$3,424$2,509$1,814$1,297$582
28 years$4,391$3,227$2,332$1,662$1,170$507
29 years$4,194$3,044$2,170$1,524$1,057$441
30 years$4,010$2,875$2,022$1,399$955$384
31 years$3,839$2,718$1,885$1,285$863$334
32 years$3,678$2,571$1,758$1,180$781$291
33 years$3,528$2,435$1,642$1,086$707$253
34 years$3,387$2,308$1,534$999$640$221
35 years$3,254$2,189$1,434$919$580$192
36 years$3,129$2,078$1,342$847$525$168
37 years$3,011$1,973$1,256$780$476$146
38 years$2,899$1,875$1,176$719$432$128
39 years$2,793$1,783$1,102$663$391$111
40 years$2,693$1,697$1,033$612$355$97
41 years$2,598$1,615$968$564$322$85
42 years$2,508$1,538$908$521$292$74
43 years$2,422$1,466$852$481$265$64
44 years$2,341$1,397$800$444$241$56
45 years$2,263$1,332$751$410$219$49
46 years$2,189$1,271$706$379$198$43
47 years$2,118$1,213$663$350$180$37
48 years$2,050$1,158$623$323$164$33
49 years$1,985$1,106$586$299$149$28
50 years$1,923$1,056$550$276$135$25

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 $4,860 every year, while hoping to spend $22,422 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: 58/32/10 Blend
51$1,970,000$1,970,000$1,970,000$1,970,000
52$2,175,953$2,071,543$2,041,008$2,296,704
53$2,374,043$2,149,192$2,085,525$2,456,239
54$2,591,588$2,229,894$2,130,782$2,627,110
55$2,830,546$2,313,775$2,176,779$2,812,815
56$3,093,079$2,400,967$2,223,519$3,014,777
57$3,381,565$2,491,607$2,270,999$3,234,563
58$3,698,626$2,585,837$2,319,218$3,473,897
59$4,047,150$2,683,807$2,368,176$3,734,674
60$4,430,318$2,785,672$2,417,869$4,018,981
61$4,851,635$2,891,595$2,468,292$4,329,110
62$5,314,964$3,001,745$2,519,442$4,667,588
63$5,824,558$3,116,299$2,571,312$5,037,193
64$6,385,107$3,235,441$2,623,894$5,440,981
65$7,001,774$3,359,364$2,677,181$5,882,319
66$7,680,252$3,488,270$2,731,163$6,364,909
67$8,426,809$3,622,367$2,785,829$6,892,830
68$9,248,355$3,761,874$2,841,166$7,470,569
69$10,152,502$3,907,021$2,897,160$8,103,068
70$11,147,638$4,058,045$2,953,795$8,795,764
71$12,243,005$4,215,197$3,011,055$9,554,649
72$13,448,785$4,378,736$3,068,919$10,386,315
73$14,776,201$4,548,933$3,127,367$11,298,024
74$16,237,615$4,726,073$3,186,376$12,297,772
75$17,846,653$4,910,451$3,245,921$13,394,363
76$19,618,325$5,102,377$3,305,973$14,597,494
77$21,569,175$5,302,174$3,366,503$15,917,842
78$23,717,429$5,510,179$3,427,479$17,367,169
79$26,083,173$5,726,744$3,488,866$18,958,427
80$28,688,540$5,952,238$3,550,627$20,705,881
81$31,557,919$6,187,045$3,612,720$22,625,246
82$34,718,183$6,431,567$3,675,103$24,733,829
83$38,198,946$6,686,223$3,737,728$27,050,694
84$42,032,843$6,951,451$3,800,545$29,596,840
85$46,255,831$7,227,710$3,863,502$32,395,400
86$50,907,536$7,515,479$3,926,540$35,471,856
87$56,031,624$7,815,257$3,989,599$38,854,278
88$61,676,213$8,127,567$4,052,613$42,573,590
89$67,894,324$8,452,955$4,115,512$46,663,859
90$74,744,387$8,791,992$4,178,224$51,162,614
91$82,290,789$9,145,274$4,240,669$56,111,201
92$90,604,482$9,513,425$4,302,764$61,555,171
93$99,763,653$9,897,097$4,364,421$67,544,706
94$109,854,461$10,296,970$4,425,544$74,135,097
95$120,971,851$10,713,757$4,486,035$81,387,256
96$133,220,450$11,148,201$4,545,788$89,368,297
97$146,715,555$11,601,082$4,604,690$98,152,162
98$161,584,219$12,073,213$4,662,625$107,820,319
99$177,966,452$12,565,443$4,719,466$118,462,531
100$196,016,544$13,078,663$4,775,082$130,177,698