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%11.9%
1 years$168,461$166,961$165,497$164,068$162,672$161,377
2 years$83,397$81,843$80,338$78,879$77,463$76,157
3 years$55,046$53,486$51,984$50,538$49,146$47,870
4 years$40,873$39,318$37,831$36,410$35,051$33,815
5 years$32,371$30,825$29,359$27,966$26,645$25,453
6 years$26,705$25,171$23,726$22,365$21,084$19,936
7 years$22,660$21,139$19,716$18,387$17,147$16,045
8 years$19,627$18,120$16,721$15,425$14,225$13,168
9 years$17,270$15,777$14,402$13,138$11,979$10,968
10 years$15,385$13,906$12,556$11,326$10,207$9,240
11 years$13,844$12,380$11,054$9,857$8,778$7,856
12 years$12,560$11,112$9,810$8,646$7,607$6,728
13 years$11,475$10,042$8,765$7,633$6,634$5,796
14 years$10,546$9,128$7,875$6,775$5,815$5,019
15 years$9,741$8,338$7,110$6,043$5,120$4,364
16 years$9,038$7,650$6,446$5,410$4,525$3,808
17 years$8,418$7,045$5,866$4,861$4,012$3,333
18 years$7,867$6,510$5,355$4,381$3,567$2,924
19 years$7,376$6,034$4,902$3,959$3,180$2,572
20 years$6,933$5,607$4,499$3,585$2,840$2,266
21 years$6,534$5,223$4,138$3,254$2,542$2,000
22 years$6,171$4,875$3,814$2,958$2,278$1,768
23 years$5,840$4,560$3,522$2,694$2,045$1,564
24 years$5,538$4,272$3,257$2,457$1,838$1,386
25 years$5,259$4,009$3,016$2,244$1,654$1,229
26 years$5,003$3,768$2,798$2,052$1,490$1,091
27 years$4,766$3,546$2,598$1,878$1,343$969
28 years$4,547$3,341$2,415$1,721$1,212$861
29 years$4,343$3,152$2,247$1,578$1,094$766
30 years$4,153$2,977$2,093$1,448$989$682
31 years$3,975$2,814$1,952$1,330$894$607
32 years$3,809$2,663$1,821$1,222$809$541
33 years$3,653$2,522$1,700$1,124$732$482
34 years$3,507$2,390$1,589$1,034$663$429
35 years$3,370$2,267$1,485$952$600$383
36 years$3,240$2,152$1,389$877$544$341
37 years$3,118$2,044$1,300$808$493$304
38 years$3,002$1,942$1,218$745$447$272
39 years$2,893$1,847$1,141$687$405$242
40 years$2,789$1,757$1,069$633$368$216
41 years$2,691$1,673$1,003$584$333$193
42 years$2,597$1,593$941$539$303$172
43 years$2,508$1,518$883$498$275$154
44 years$2,424$1,447$828$460$249$137
45 years$2,343$1,380$778$424$226$123
46 years$2,266$1,316$731$392$205$110
47 years$2,193$1,256$686$362$187$98
48 years$2,123$1,199$645$335$169$87
49 years$2,056$1,145$606$309$154$78
50 years$1,992$1,094$570$286$140$70

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 $4,360 every year, while hoping to spend $33,966 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: 58/33/9 Blend
51$2,040,000$2,040,000$2,040,000$2,040,000
52$2,252,577$2,144,457$2,112,837$2,378,277
53$2,446,201$2,213,396$2,147,478$2,532,304
54$2,658,435$2,284,575$2,182,140$2,695,909
55$2,891,143$2,358,067$2,216,790$2,873,402
56$3,146,377$2,433,948$2,251,389$3,066,118
57$3,426,394$2,512,299$2,285,898$3,275,525
58$3,733,685$2,593,200$2,320,274$3,503,236
59$4,070,990$2,676,736$2,354,472$3,751,031
60$4,441,328$2,762,994$2,388,444$4,020,864
61$4,848,027$2,852,064$2,422,141$4,314,888
62$5,294,750$2,944,039$2,455,507$4,635,473
63$5,785,534$3,039,017$2,488,486$4,985,226
64$6,324,826$3,137,096$2,521,017$5,367,019
65$6,917,524$3,238,379$2,553,037$5,784,013
66$7,569,026$3,342,974$2,584,478$6,239,689
67$8,285,277$3,450,991$2,615,269$6,737,877
68$9,072,829$3,562,542$2,645,333$7,282,799
69$9,938,897$3,677,747$2,674,592$7,879,099
70$10,891,436$3,796,728$2,702,962$8,531,896
71$11,939,204$3,919,609$2,730,353$9,246,825
72$13,091,855$4,046,522$2,756,672$10,030,091
73$14,360,025$4,177,602$2,781,821$10,888,530
74$15,755,431$4,312,988$2,805,696$11,829,671
75$17,290,985$4,452,825$2,828,186$12,861,805
76$18,980,913$4,597,261$2,849,178$13,994,068
77$20,840,891$4,746,451$2,868,550$15,236,521
78$22,888,190$4,900,555$2,886,175$16,600,246
79$25,141,841$5,059,739$2,901,918$18,097,453
80$27,622,816$5,224,173$2,915,639$19,741,590
81$30,354,219$5,394,034$2,927,190$21,547,475
82$33,361,513$5,569,505$2,936,414$23,531,431
83$36,672,753$5,750,776$2,943,149$25,711,439
84$40,318,853$5,938,043$2,947,224$28,107,312
85$44,333,877$6,131,509$2,948,457$30,740,875
86$48,755,363$6,331,383$2,946,661$33,636,175
87$53,624,672$6,537,883$2,941,636$36,819,708
88$58,987,383$6,751,234$2,933,175$40,320,663
89$64,893,720$6,971,668$2,921,061$44,171,202
90$71,399,027$7,199,427$2,905,063$48,406,762
91$78,564,288$7,434,759$2,884,943$53,066,385
92$86,456,707$7,677,924$2,860,450$58,193,091
93$95,150,336$7,929,187$2,831,321$63,834,281
94$104,726,780$8,188,827$2,797,279$70,042,182
95$115,275,961$8,457,129$2,758,037$76,874,342
96$126,896,970$8,734,389$2,713,293$84,394,172
97$139,699,003$9,020,916$2,662,730$92,671,541
98$153,802,386$9,317,026$2,606,017$101,783,439
99$169,339,719$9,623,050$2,542,808$111,814,697
100$186,457,119$9,939,327$2,472,740$122,858,794