Can I retire at age 52 with 2,060,000?

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 $2,060,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$170,113$168,598$167,119$165,676$164,267$163,369
2 years$84,214$82,646$81,126$79,652$78,223$77,316
3 years$55,585$54,010$52,494$51,034$49,628$48,741
4 years$41,273$39,703$38,202$36,767$35,395$34,535
5 years$32,689$31,128$29,646$28,241$26,907$26,076
6 years$26,967$25,418$23,959$22,584$21,290$20,490
7 years$22,882$21,346$19,910$18,568$17,315$16,545
8 years$19,820$18,298$16,885$15,576$14,364$13,626
9 years$17,439$15,931$14,543$13,267$12,097$11,389
10 years$15,536$14,043$12,679$11,437$10,307$9,629
11 years$13,980$12,501$11,162$9,953$8,864$8,217
12 years$12,684$11,221$9,906$8,730$7,682$7,063
13 years$11,588$10,140$8,851$7,708$6,699$6,109
14 years$10,649$9,217$7,952$6,842$5,872$5,310
15 years$9,837$8,420$7,180$6,102$5,170$4,636
16 years$9,127$7,725$6,510$5,463$4,569$4,062
17 years$8,501$7,115$5,924$4,909$4,052$3,569
18 years$7,945$6,574$5,407$4,424$3,602$3,145
19 years$7,448$6,093$4,950$3,997$3,211$2,778
20 years$7,001$5,662$4,543$3,620$2,868$2,458
21 years$6,598$5,274$4,179$3,286$2,567$2,179
22 years$6,231$4,923$3,851$2,987$2,301$1,935
23 years$5,897$4,604$3,556$2,721$2,065$1,720
24 years$5,592$4,314$3,289$2,481$1,856$1,531
25 years$5,311$4,048$3,046$2,266$1,670$1,364
26 years$5,052$3,805$2,825$2,072$1,505$1,216
27 years$4,813$3,581$2,623$1,897$1,356$1,086
28 years$4,591$3,374$2,439$1,738$1,224$970
29 years$4,385$3,183$2,269$1,594$1,105$867
30 years$4,193$3,006$2,114$1,462$999$775
31 years$4,014$2,842$1,971$1,343$903$693
32 years$3,846$2,689$1,839$1,234$817$621
33 years$3,689$2,546$1,717$1,135$739$556
34 years$3,542$2,413$1,604$1,044$669$498
35 years$3,403$2,289$1,500$961$606$446
36 years$3,272$2,173$1,403$885$549$400
37 years$3,148$2,064$1,313$816$498$358
38 years$3,032$1,961$1,230$752$451$321
39 years$2,921$1,865$1,152$693$409$288
40 years$2,816$1,774$1,080$640$371$259
41 years$2,717$1,689$1,013$590$337$232
42 years$2,623$1,608$950$545$306$208
43 years$2,533$1,533$891$503$277$187
44 years$2,448$1,461$837$464$252$168
45 years$2,366$1,393$786$429$228$150
46 years$2,289$1,329$738$396$207$135
47 years$2,215$1,268$693$366$188$121
48 years$2,144$1,211$651$338$171$109
49 years$2,076$1,156$612$312$155$98
50 years$2,011$1,104$576$289$141$88

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,060,000, adding $3,637 every year, while hoping to spend $40,966 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: 60/33/7 Blend
51$2,060,000$2,060,000$2,060,000$2,060,000
52$2,273,872$2,164,692$2,132,762$2,406,831
53$2,462,219$2,227,174$2,160,622$2,558,785
54$2,668,405$2,291,345$2,188,042$2,719,422
55$2,894,205$2,357,244$2,214,965$2,893,594
56$3,141,577$2,424,911$2,241,328$3,082,604
57$3,412,673$2,494,388$2,267,068$3,287,886
58$3,709,867$2,565,714$2,292,116$3,511,017
59$4,035,771$2,638,931$2,316,400$3,753,736
60$4,393,263$2,714,083$2,339,843$4,017,953
61$4,785,514$2,791,211$2,362,366$4,305,774
62$5,216,015$2,870,359$2,383,884$4,619,517
63$5,688,612$2,951,570$2,404,307$4,961,733
64$6,207,542$3,034,888$2,423,542$5,335,232
65$6,777,471$3,120,357$2,441,491$5,743,109
66$7,403,541$3,208,023$2,458,049$6,188,770
67$8,091,415$3,297,929$2,473,106$6,675,968
68$8,847,333$3,390,121$2,486,549$7,208,837
69$9,678,168$3,484,644$2,498,255$7,791,927
70$10,591,493$3,581,543$2,508,099$8,430,253
71$11,595,651$3,680,865$2,515,946$9,129,338
72$12,699,833$3,782,653$2,521,656$9,895,264
73$13,914,168$3,886,954$2,525,083$10,734,733
74$15,249,811$3,993,813$2,526,072$11,655,126
75$16,719,056$4,103,275$2,524,460$12,664,577
76$18,335,448$4,215,384$2,520,077$13,772,043
77$20,113,910$4,330,184$2,512,746$14,987,396
78$22,070,885$4,447,719$2,502,279$16,321,508
79$24,224,490$4,568,032$2,488,480$17,786,360
80$26,594,688$4,691,165$2,471,144$19,395,150
81$29,203,473$4,817,159$2,450,055$21,162,422
82$32,075,083$4,946,056$2,424,987$23,104,198
83$35,236,222$5,077,893$2,395,705$25,238,132
84$38,716,316$5,212,709$2,361,960$27,583,675
85$42,547,788$5,350,540$2,323,494$30,162,261
86$46,766,367$5,491,420$2,280,035$32,997,505
87$51,411,419$5,635,383$2,231,299$36,115,428
88$56,526,326$5,782,458$2,176,989$39,544,703
89$62,158,888$5,932,676$2,116,795$43,316,922
90$68,361,778$6,086,060$2,050,391$47,466,900
91$75,193,037$6,242,635$1,977,437$52,032,997
92$82,716,622$6,402,420$1,897,577$57,057,483
93$91,003,011$6,565,432$1,810,440$62,586,937
94$100,129,865$6,731,685$1,715,636$68,672,684
95$110,182,761$6,901,187$1,612,759$75,371,283
96$121,256,001$7,073,944$1,501,385$82,745,058
97$133,453,502$7,249,955$1,381,070$90,862,686
98$146,889,774$7,429,217$1,251,350$99,799,848
99$161,691,001$7,611,720$1,111,741$109,639,939
100$177,996,236$7,797,447$961,737$120,474,857