Can I retire at age 52 with 2,040,000?

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 $2,040,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$168,461$166,961$165,497$164,068$162,672$160,308
2 years$83,397$81,843$80,338$78,879$77,463$75,086
3 years$55,046$53,486$51,984$50,538$49,146$46,829
4 years$40,873$39,318$37,831$36,410$35,051$32,814
5 years$32,371$30,825$29,359$27,966$26,645$24,494
6 years$26,705$25,171$23,726$22,365$21,084$19,020
7 years$22,660$21,139$19,716$18,387$17,147$15,172
8 years$19,627$18,120$16,721$15,425$14,225$12,338
9 years$17,270$15,777$14,402$13,138$11,979$10,180
10 years$15,385$13,906$12,556$11,326$10,207$8,494
11 years$13,844$12,380$11,054$9,857$8,778$7,150
12 years$12,560$11,112$9,810$8,646$7,607$6,061
13 years$11,475$10,042$8,765$7,633$6,634$5,168
14 years$10,546$9,128$7,875$6,775$5,815$4,428
15 years$9,741$8,338$7,110$6,043$5,120$3,808
16 years$9,038$7,650$6,446$5,410$4,525$3,287
17 years$8,418$7,045$5,866$4,861$4,012$2,844
18 years$7,867$6,510$5,355$4,381$3,567$2,467
19 years$7,376$6,034$4,902$3,959$3,180$2,145
20 years$6,933$5,607$4,499$3,585$2,840$1,868
21 years$6,534$5,223$4,138$3,254$2,542$1,629
22 years$6,171$4,875$3,814$2,958$2,278$1,422
23 years$5,840$4,560$3,522$2,694$2,045$1,244
24 years$5,538$4,272$3,257$2,457$1,838$1,088
25 years$5,259$4,009$3,016$2,244$1,654$953
26 years$5,003$3,768$2,798$2,052$1,490$835
27 years$4,766$3,546$2,598$1,878$1,343$733
28 years$4,547$3,341$2,415$1,721$1,212$643
29 years$4,343$3,152$2,247$1,578$1,094$564
30 years$4,153$2,977$2,093$1,448$989$496
31 years$3,975$2,814$1,952$1,330$894$436
32 years$3,809$2,663$1,821$1,222$809$383
33 years$3,653$2,522$1,700$1,124$732$337
34 years$3,507$2,390$1,589$1,034$663$296
35 years$3,370$2,267$1,485$952$600$260
36 years$3,240$2,152$1,389$877$544$229
37 years$3,118$2,044$1,300$808$493$202
38 years$3,002$1,942$1,218$745$447$177
39 years$2,893$1,847$1,141$687$405$156
40 years$2,789$1,757$1,069$633$368$137
41 years$2,691$1,673$1,003$584$333$121
42 years$2,597$1,593$941$539$303$107
43 years$2,508$1,518$883$498$275$94
44 years$2,424$1,447$828$460$249$83
45 years$2,343$1,380$778$424$226$73
46 years$2,266$1,316$731$392$205$64
47 years$2,193$1,256$686$362$187$56
48 years$2,123$1,199$645$335$169$50
49 years$2,056$1,145$606$309$154$44
50 years$1,992$1,094$570$286$140$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,040,000, adding $5,552 every year, while hoping to spend $30,879 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: 57/23/20 Blend
51$2,040,000$2,040,000$2,040,000$2,040,000
52$2,253,807$2,145,687$2,114,067$2,369,938
53$2,450,840$2,217,971$2,152,033$2,521,926
54$2,666,936$2,292,761$2,190,236$2,683,685
55$2,904,006$2,370,149$2,228,652$2,859,291
56$3,164,156$2,450,228$2,267,253$3,050,085
57$3,449,705$2,533,094$2,306,011$3,257,541
58$3,763,209$2,618,850$2,344,897$3,483,282
59$4,107,482$2,707,599$2,383,876$3,729,095
60$4,485,624$2,799,450$2,422,915$3,996,946
61$4,901,050$2,894,516$2,461,975$4,289,000
62$5,357,524$2,992,914$2,501,018$4,607,641
63$5,859,190$3,094,765$2,540,000$4,955,493
64$6,410,614$3,200,195$2,578,877$5,335,445
65$7,016,828$3,309,336$2,617,601$5,750,680
66$7,683,374$3,422,323$2,656,121$6,204,701
67$8,416,359$3,539,298$2,694,382$6,701,367
68$9,222,511$3,660,407$2,732,327$7,244,929
69$10,109,243$3,785,803$2,769,895$7,840,065
70$11,084,721$3,915,642$2,807,022$8,491,932
71$12,157,945$4,050,091$2,843,639$9,206,207
72$13,338,828$4,189,319$2,879,674$9,989,145
73$14,638,297$4,333,503$2,915,051$10,847,635
74$16,068,386$4,482,828$2,949,689$11,789,265
75$17,642,360$4,637,485$2,983,502$12,822,395
76$19,374,831$4,797,672$3,016,400$13,956,234
77$21,281,903$4,963,597$3,048,288$15,200,926
78$23,381,317$5,135,473$3,079,066$16,567,649
79$25,692,624$5,313,524$3,108,627$18,068,713
80$28,237,367$5,497,982$3,136,861$19,717,684
81$31,039,282$5,689,087$3,163,650$21,529,506
82$34,124,526$5,887,090$3,188,870$23,520,644
83$37,521,922$6,092,251$3,212,390$25,709,239
84$41,263,227$6,304,840$3,234,075$28,115,276
85$45,383,439$6,525,140$3,253,779$30,760,776
86$49,921,120$6,753,442$3,271,351$33,670,002
87$54,918,765$6,990,052$3,286,632$36,869,687
88$60,423,199$7,235,284$3,299,454$40,389,286
89$66,486,020$7,489,468$3,309,641$44,261,253
90$73,164,089$7,752,947$3,317,008$48,521,347
91$80,520,060$8,026,075$3,321,362$53,208,973
92$88,622,977$8,309,224$3,322,499$58,367,546
93$97,548,923$8,602,778$3,320,204$64,044,905
94$107,381,736$8,907,137$3,314,255$70,293,764
95$118,213,806$9,222,720$3,304,415$77,172,207
96$130,146,939$9,549,958$3,290,438$84,744,239
97$143,293,325$9,889,304$3,272,065$93,080,385
98$157,776,591$10,241,227$3,249,027$102,258,359
99$173,732,972$10,606,215$3,221,037$112,363,793
100$191,312,593$10,984,778$3,187,800$123,491,050