Can I retire at age 52 with 1,980,000?

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 $1,980,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$163,507$162,050$160,629$159,242$157,888$155,081
2 years$80,944$79,436$77,975$76,559$75,185$72,366
3 years$53,427$51,913$50,455$49,052$47,700$44,958
4 years$39,671$38,161$36,718$35,339$34,020$31,376
5 years$31,419$29,919$28,495$27,144$25,862$23,322
6 years$25,920$24,431$23,028$21,707$20,463$18,032
7 years$21,994$20,517$19,137$17,847$16,642$14,319
8 years$19,050$17,587$16,229$14,971$13,806$11,591
9 years$16,762$15,313$13,978$12,752$11,627$9,519
10 years$14,932$13,497$12,187$10,992$9,907$7,903
11 years$13,437$12,016$10,729$9,567$8,520$6,619
12 years$12,191$10,785$9,522$8,391$7,383$5,583
13 years$11,138$9,746$8,507$7,408$6,438$4,735
14 years$10,236$8,859$7,644$6,576$5,644$4,035
15 years$9,455$8,093$6,901$5,865$4,969$3,452
16 years$8,772$7,425$6,257$5,251$4,392$2,962
17 years$8,170$6,838$5,693$4,718$3,894$2,549
18 years$7,636$6,319$5,197$4,252$3,463$2,198
19 years$7,159$5,856$4,758$3,842$3,086$1,900
20 years$6,729$5,442$4,367$3,480$2,757$1,645
21 years$6,342$5,069$4,016$3,158$2,467$1,426
22 years$5,989$4,732$3,702$2,871$2,211$1,237
23 years$5,668$4,425$3,418$2,615$1,985$1,075
24 years$5,375$4,146$3,161$2,385$1,784$935
25 years$5,105$3,891$2,928$2,178$1,605$814
26 years$4,856$3,657$2,715$1,992$1,446$709
27 years$4,626$3,442$2,521$1,823$1,304$617
28 years$4,413$3,243$2,344$1,670$1,176$538
29 years$4,215$3,059$2,181$1,532$1,062$470
30 years$4,030$2,889$2,032$1,406$960$410
31 years$3,858$2,731$1,894$1,291$868$358
32 years$3,697$2,584$1,767$1,186$785$312
33 years$3,546$2,448$1,650$1,091$710$273
34 years$3,404$2,320$1,542$1,004$643$238
35 years$3,270$2,200$1,441$924$583$208
36 years$3,145$2,088$1,348$851$528$182
37 years$3,026$1,983$1,262$784$478$159
38 years$2,914$1,885$1,182$723$434$139
39 years$2,808$1,792$1,107$666$393$121
40 years$2,707$1,705$1,038$615$357$106
41 years$2,612$1,623$973$567$324$93
42 years$2,521$1,546$913$523$294$81
43 years$2,435$1,473$857$483$267$71
44 years$2,353$1,404$804$446$242$62
45 years$2,274$1,339$755$412$220$54
46 years$2,200$1,277$709$381$199$48
47 years$2,129$1,219$666$352$181$42
48 years$2,060$1,164$626$325$164$36
49 years$1,995$1,111$588$300$149$32
50 years$1,933$1,061$553$278$136$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,980,000, adding $4,322 every year, while hoping to spend $38,836 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: 48/40/12 Blend
51$1,980,000$1,980,000$1,980,000$1,980,000
52$2,186,418$2,081,478$2,050,788$2,283,931
53$2,368,112$2,142,149$2,078,168$2,412,216
54$2,567,036$2,204,492$2,105,164$2,547,040
55$2,784,908$2,268,547$2,131,722$2,692,554
56$3,023,619$2,334,355$2,157,784$2,849,769
57$3,285,249$2,401,959$2,183,291$3,019,794
58$3,572,092$2,471,403$2,208,179$3,203,855
59$3,886,673$2,542,729$2,232,380$3,403,296
60$4,231,773$2,615,983$2,255,825$3,619,599
61$4,610,457$2,691,209$2,278,438$3,854,394
62$5,026,098$2,768,452$2,300,140$4,109,475
63$5,482,413$2,847,760$2,320,848$4,386,819
64$5,983,498$2,929,179$2,340,475$4,688,599
65$6,533,863$3,012,757$2,358,929$5,017,211
66$7,138,477$3,098,542$2,376,113$5,375,291
67$7,802,813$3,186,582$2,391,924$5,765,742
68$8,532,902$3,276,926$2,406,256$6,191,762
69$9,335,388$3,369,625$2,418,995$6,656,871
70$10,217,589$3,464,729$2,430,023$7,164,949
71$11,187,569$3,562,287$2,439,215$7,720,265
72$12,254,213$3,662,350$2,446,440$8,327,525
73$13,427,308$3,764,971$2,451,561$8,991,910
74$14,717,638$3,870,199$2,454,434$9,719,129
75$16,137,086$3,978,088$2,454,906$10,515,470
76$17,698,742$4,088,687$2,452,818$11,387,859
77$19,417,031$4,202,050$2,448,005$12,343,927
78$21,307,845$4,318,227$2,440,290$13,392,083
79$23,388,696$4,437,271$2,429,490$14,541,586
80$25,678,878$4,559,233$2,415,414$15,802,642
81$28,199,652$4,684,164$2,397,858$17,186,492
82$30,974,443$4,812,114$2,376,613$18,705,524
83$34,029,063$4,943,135$2,351,456$20,373,384
84$37,391,954$5,077,275$2,322,157$22,205,110
85$41,094,456$5,214,583$2,288,471$24,217,270
86$45,171,101$5,355,108$2,250,146$26,428,118
87$49,659,941$5,498,897$2,206,914$28,857,770
88$54,602,908$5,645,995$2,158,498$31,528,391
89$60,046,202$5,796,448$2,104,606$34,464,402
90$66,040,738$5,950,296$2,044,933$37,692,714
91$72,642,616$6,107,583$1,979,160$41,242,981
92$79,913,655$6,268,347$1,906,955$45,147,879
93$87,921,977$6,432,626$1,827,968$49,443,413
94$96,742,648$6,600,454$1,741,834$54,169,260
95$106,458,386$6,771,863$1,648,172$59,369,141
96$117,160,339$6,946,883$1,546,584$65,091,233
97$128,948,953$7,125,540$1,436,654$71,388,628
98$141,934,911$7,307,856$1,317,947$78,319,827
99$156,240,181$7,493,850$1,190,007$85,949,301
100$171,999,168$7,683,537$1,052,361$94,348,090