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%11.8%
1 years$168,461$166,961$165,497$164,068$162,672$161,444
2 years$83,397$81,843$80,338$78,879$77,463$76,225
3 years$55,046$53,486$51,984$50,538$49,146$47,936
4 years$40,873$39,318$37,831$36,410$35,051$33,879
5 years$32,371$30,825$29,359$27,966$26,645$25,514
6 years$26,705$25,171$23,726$22,365$21,084$19,995
7 years$22,660$21,139$19,716$18,387$17,147$16,101
8 years$19,627$18,120$16,721$15,425$14,225$13,222
9 years$17,270$15,777$14,402$13,138$11,979$11,019
10 years$15,385$13,906$12,556$11,326$10,207$9,289
11 years$13,844$12,380$11,054$9,857$8,778$7,902
12 years$12,560$11,112$9,810$8,646$7,607$6,772
13 years$11,475$10,042$8,765$7,633$6,634$5,838
14 years$10,546$9,128$7,875$6,775$5,815$5,058
15 years$9,741$8,338$7,110$6,043$5,120$4,401
16 years$9,038$7,650$6,446$5,410$4,525$3,843
17 years$8,418$7,045$5,866$4,861$4,012$3,365
18 years$7,867$6,510$5,355$4,381$3,567$2,955
19 years$7,376$6,034$4,902$3,959$3,180$2,601
20 years$6,933$5,607$4,499$3,585$2,840$2,293
21 years$6,534$5,223$4,138$3,254$2,542$2,025
22 years$6,171$4,875$3,814$2,958$2,278$1,792
23 years$5,840$4,560$3,522$2,694$2,045$1,587
24 years$5,538$4,272$3,257$2,457$1,838$1,407
25 years$5,259$4,009$3,016$2,244$1,654$1,249
26 years$5,003$3,768$2,798$2,052$1,490$1,109
27 years$4,766$3,546$2,598$1,878$1,343$986
28 years$4,547$3,341$2,415$1,721$1,212$877
29 years$4,343$3,152$2,247$1,578$1,094$781
30 years$4,153$2,977$2,093$1,448$989$695
31 years$3,975$2,814$1,952$1,330$894$620
32 years$3,809$2,663$1,821$1,222$809$552
33 years$3,653$2,522$1,700$1,124$732$493
34 years$3,507$2,390$1,589$1,034$663$439
35 years$3,370$2,267$1,485$952$600$392
36 years$3,240$2,152$1,389$877$544$350
37 years$3,118$2,044$1,300$808$493$312
38 years$3,002$1,942$1,218$745$447$279
39 years$2,893$1,847$1,141$687$405$249
40 years$2,789$1,757$1,069$633$368$222
41 years$2,691$1,673$1,003$584$333$199
42 years$2,597$1,593$941$539$303$178
43 years$2,508$1,518$883$498$275$159
44 years$2,424$1,447$828$460$249$142
45 years$2,343$1,380$778$424$226$127
46 years$2,266$1,316$731$392$205$113
47 years$2,193$1,256$686$362$187$101
48 years$2,123$1,199$645$335$169$91
49 years$2,056$1,145$606$309$154$81
50 years$1,992$1,094$570$286$140$72

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 $2,226 every year, while hoping to spend $35,089 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: 49/30/21 Blend
51$2,040,000$2,040,000$2,040,000$2,040,000
52$2,250,376$2,142,256$2,110,636$2,347,243
53$2,442,580$2,209,892$2,144,008$2,482,400
54$2,653,213$2,279,667$2,177,322$2,625,410
55$2,884,117$2,351,647$2,210,539$2,780,042
56$3,137,322$2,425,902$2,243,617$2,947,405
57$3,415,063$2,502,506$2,276,512$3,128,719
58$3,719,803$2,581,532$2,309,179$3,325,326
59$4,054,253$2,663,057$2,341,566$3,538,706
60$4,421,400$2,747,160$2,373,622$3,770,484
61$4,824,534$2,833,923$2,405,290$4,022,451
62$5,267,282$2,923,430$2,436,512$4,296,578
63$5,753,635$3,015,768$2,467,225$4,595,035
64$6,287,992$3,111,027$2,497,364$4,920,212
65$6,875,199$3,209,300$2,526,858$5,274,738
66$7,520,596$3,310,682$2,555,634$5,661,512
67$8,230,063$3,415,271$2,583,613$6,083,723
68$9,010,079$3,523,170$2,610,715$6,544,884
69$9,867,785$3,634,483$2,636,852$7,048,865
70$10,811,046$3,749,319$2,661,933$7,599,928
71$11,848,526$3,867,789$2,685,861$8,202,765
72$12,989,774$3,990,010$2,708,536$8,862,548
73$14,245,310$4,116,098$2,729,850$9,584,970
74$15,626,723$4,246,179$2,749,692$10,376,305
75$17,146,785$4,380,378$2,767,943$11,243,463
76$18,819,566$4,518,826$2,784,478$12,194,057
77$20,660,571$4,661,657$2,799,168$13,236,472
78$22,686,883$4,809,012$2,811,873$14,379,948
79$24,917,326$4,961,034$2,822,451$15,634,662
80$27,372,639$5,117,871$2,830,749$17,011,829
81$30,075,677$5,279,676$2,836,609$18,523,802
82$33,051,623$5,446,606$2,839,862$20,184,193
83$36,328,224$5,618,826$2,840,333$22,007,999
84$39,936,056$5,796,502$2,837,838$24,011,744
85$43,908,812$5,979,808$2,832,183$26,213,632
86$48,283,616$6,168,924$2,823,166$28,633,724
87$53,101,377$6,364,034$2,810,575$31,294,122
88$58,407,174$6,565,328$2,794,186$34,219,178
89$64,250,681$6,773,004$2,773,765$37,435,728
90$70,686,633$6,987,264$2,749,069$40,973,339
91$77,775,347$7,208,317$2,719,841$44,864,591
92$85,583,289$7,436,381$2,685,812$49,145,383
93$94,183,698$7,671,678$2,646,701$53,855,275
94$103,657,284$7,914,438$2,602,213$59,037,854
95$114,092,980$8,164,899$2,552,041$64,741,153
96$125,588,791$8,423,306$2,495,861$71,018,099
97$138,252,713$8,689,913$2,433,337$77,927,015
98$152,203,750$8,964,980$2,364,115$85,532,166
99$167,573,046$9,248,777$2,287,826$93,904,372
100$184,505,112$9,541,582$2,204,083$103,121,671