Can I retire at age 52 with 2,020,000?

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 $2,020,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$166,810$165,324$163,874$162,459$161,078$158,802
2 years$82,579$81,041$79,551$78,105$76,704$74,415
3 years$54,506$52,961$51,474$50,043$48,664$46,434
4 years$40,472$38,932$37,460$36,053$34,708$32,553
5 years$32,054$30,523$29,071$27,692$26,384$24,312
6 years$26,444$24,925$23,493$22,146$20,877$18,889
7 years$22,438$20,932$19,523$18,207$16,978$15,076
8 years$19,435$17,942$16,557$15,274$14,085$12,267
9 years$17,101$15,622$14,261$13,010$11,862$10,128
10 years$15,234$13,770$12,433$11,214$10,107$8,455
11 years$13,708$12,259$10,946$9,760$8,692$7,122
12 years$12,437$11,003$9,714$8,561$7,533$6,041
13 years$11,363$9,943$8,679$7,558$6,569$5,155
14 years$10,443$9,038$7,798$6,709$5,758$4,419
15 years$9,646$8,256$7,040$5,983$5,070$3,803
16 years$8,949$7,575$6,383$5,357$4,481$3,285
17 years$8,335$6,976$5,808$4,814$3,973$2,845
18 years$7,790$6,447$5,302$4,338$3,532$2,469
19 years$7,303$5,975$4,854$3,920$3,149$2,148
20 years$6,865$5,552$4,455$3,550$2,812$1,872
21 years$6,470$5,171$4,098$3,222$2,517$1,634
22 years$6,110$4,827$3,777$2,929$2,256$1,428
23 years$5,783$4,515$3,487$2,668$2,025$1,249
24 years$5,483$4,230$3,225$2,433$1,820$1,094
25 years$5,208$3,970$2,987$2,222$1,638$959
26 years$4,954$3,731$2,770$2,032$1,475$841
27 years$4,720$3,511$2,572$1,860$1,330$738
28 years$4,502$3,309$2,391$1,704$1,200$648
29 years$4,300$3,121$2,225$1,563$1,084$570
30 years$4,112$2,948$2,073$1,434$979$501
31 years$3,936$2,787$1,932$1,317$885$440
32 years$3,772$2,637$1,803$1,210$801$387
33 years$3,618$2,497$1,683$1,113$725$341
34 years$3,473$2,367$1,573$1,024$656$300
35 years$3,337$2,245$1,471$943$594$264
36 years$3,208$2,131$1,376$868$538$233
37 years$3,087$2,023$1,288$800$488$205
38 years$2,973$1,923$1,206$737$442$180
39 years$2,864$1,829$1,130$680$401$159
40 years$2,762$1,740$1,059$627$364$140
41 years$2,664$1,656$993$579$330$123
42 years$2,572$1,577$931$534$300$109
43 years$2,484$1,503$874$493$272$96
44 years$2,400$1,432$820$455$247$84
45 years$2,320$1,366$770$420$224$74
46 years$2,244$1,303$723$388$203$66
47 years$2,172$1,244$680$359$185$58
48 years$2,102$1,187$639$331$168$51
49 years$2,036$1,134$600$306$152$45
50 years$1,972$1,083$564$283$138$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,020,000, adding $2,520 every year, while hoping to spend $34,959 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: 41/38/21 Blend
51$2,020,000$2,020,000$2,020,000$2,020,000
52$2,228,639$2,121,579$2,090,269$2,306,134
53$2,418,764$2,188,341$2,123,097$2,428,459
54$2,627,111$2,257,202$2,155,853$2,557,231
55$2,855,500$2,328,228$2,188,498$2,695,901
56$3,105,938$2,401,488$2,220,990$2,845,393
57$3,380,634$2,477,052$2,253,284$3,006,723
58$3,682,024$2,554,992$2,285,333$3,181,011
59$4,012,786$2,635,383$2,317,089$3,369,486
60$4,375,876$2,718,302$2,348,496$3,573,502
61$4,774,544$2,803,828$2,379,500$3,794,548
62$5,212,375$2,892,044$2,410,041$4,034,263
63$5,693,317$2,983,033$2,440,056$4,294,451
64$6,221,716$3,076,882$2,469,479$4,577,096
65$6,802,364$3,173,683$2,498,240$4,884,384
66$7,440,538$3,273,526$2,526,264$5,218,721
67$8,142,053$3,376,508$2,553,473$5,582,753
68$8,913,313$3,482,728$2,579,785$5,979,398
69$9,761,376$3,592,287$2,605,113$6,411,865
70$10,694,017$3,705,289$2,629,365$6,883,689
71$11,719,802$3,821,844$2,652,444$7,398,764
72$12,848,169$3,942,062$2,674,249$7,961,375
73$14,089,518$4,066,059$2,694,672$8,576,243
74$15,455,306$4,193,953$2,713,600$9,248,570
75$16,958,157$4,325,866$2,730,916$9,984,081
76$18,611,981$4,461,925$2,746,493$10,789,085
77$20,432,103$4,602,260$2,760,201$11,670,529
78$22,435,412$4,747,005$2,771,902$12,636,068
79$24,640,514$4,896,298$2,781,450$13,694,133
80$27,067,912$5,050,282$2,788,695$14,854,010
81$29,740,197$5,209,105$2,793,475$16,125,932
82$32,682,264$5,372,918$2,795,623$17,521,170
83$35,921,541$5,541,877$2,794,962$19,052,142
84$39,488,254$5,716,144$2,791,309$20,732,528
85$43,415,707$5,895,886$2,784,469$22,577,401
86$47,740,599$6,081,275$2,774,239$24,603,367
87$52,503,370$6,272,487$2,760,405$26,828,720
88$57,748,580$6,469,705$2,742,745$29,273,620
89$63,525,332$6,673,118$2,721,024$31,960,276
90$69,887,734$6,882,919$2,694,997$34,913,161
91$76,895,410$7,099,309$2,664,406$38,159,236
92$84,614,062$7,322,495$2,628,984$41,728,213
93$93,116,089$7,552,690$2,588,447$45,652,826
94$102,481,271$7,790,113$2,542,501$49,969,145
95$112,797,523$8,034,991$2,490,838$54,716,917
96$124,161,722$8,287,557$2,433,133$59,939,934
97$136,680,624$8,548,053$2,369,049$65,686,455
98$150,471,867$8,816,728$2,298,231$72,009,653
99$165,665,087$9,093,837$2,220,311$78,968,122
100$182,403,135$9,379,644$2,134,901$86,626,428