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%14.2%
1 years$170,113$168,598$167,119$165,676$164,267$161,413
2 years$84,214$82,646$81,126$79,652$78,223$75,356
3 years$55,585$54,010$52,494$51,034$49,628$46,838
4 years$41,273$39,703$38,202$36,767$35,395$32,704
5 years$32,689$31,128$29,646$28,241$26,907$24,323
6 years$26,967$25,418$23,959$22,584$21,290$18,816
7 years$22,882$21,346$19,910$18,568$17,315$14,950
8 years$19,820$18,298$16,885$15,576$14,364$12,109
9 years$17,439$15,931$14,543$13,267$12,097$9,950
10 years$15,536$14,043$12,679$11,437$10,307$8,266
11 years$13,980$12,501$11,162$9,953$8,864$6,928
12 years$12,684$11,221$9,906$8,730$7,682$5,847
13 years$11,588$10,140$8,851$7,708$6,699$4,962
14 years$10,649$9,217$7,952$6,842$5,872$4,231
15 years$9,837$8,420$7,180$6,102$5,170$3,622
16 years$9,127$7,725$6,510$5,463$4,569$3,111
17 years$8,501$7,115$5,924$4,909$4,052$2,679
18 years$7,945$6,574$5,407$4,424$3,602$2,312
19 years$7,448$6,093$4,950$3,997$3,211$1,999
20 years$7,001$5,662$4,543$3,620$2,868$1,732
21 years$6,598$5,274$4,179$3,286$2,567$1,502
22 years$6,231$4,923$3,851$2,987$2,301$1,305
23 years$5,897$4,604$3,556$2,721$2,065$1,135
24 years$5,592$4,314$3,289$2,481$1,856$988
25 years$5,311$4,048$3,046$2,266$1,670$860
26 years$5,052$3,805$2,825$2,072$1,505$750
27 years$4,813$3,581$2,623$1,897$1,356$654
28 years$4,591$3,374$2,439$1,738$1,224$570
29 years$4,385$3,183$2,269$1,594$1,105$498
30 years$4,193$3,006$2,114$1,462$999$435
31 years$4,014$2,842$1,971$1,343$903$380
32 years$3,846$2,689$1,839$1,234$817$332
33 years$3,689$2,546$1,717$1,135$739$290
34 years$3,542$2,413$1,604$1,044$669$254
35 years$3,403$2,289$1,500$961$606$222
36 years$3,272$2,173$1,403$885$549$194
37 years$3,148$2,064$1,313$816$498$170
38 years$3,032$1,961$1,230$752$451$148
39 years$2,921$1,865$1,152$693$409$130
40 years$2,816$1,774$1,080$640$371$114
41 years$2,717$1,689$1,013$590$337$99
42 years$2,623$1,608$950$545$306$87
43 years$2,533$1,533$891$503$277$76
44 years$2,448$1,461$837$464$252$67
45 years$2,366$1,393$786$429$228$58
46 years$2,289$1,329$738$396$207$51
47 years$2,215$1,268$693$366$188$45
48 years$2,144$1,211$651$338$171$39
49 years$2,076$1,156$612$312$155$34
50 years$2,011$1,104$576$289$141$30

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 $6,504 every year, while hoping to spend $49,348 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: 59/22/19 Blend
51$2,060,000$2,060,000$2,060,000$2,060,000
52$2,276,829$2,167,649$2,135,719$2,399,460
53$2,456,560$2,221,358$2,154,760$2,537,030
54$2,652,969$2,276,044$2,172,784$2,681,019
55$2,867,706$2,331,705$2,189,707$2,836,937
56$3,102,586$2,388,333$2,205,436$3,005,945
57$3,359,609$2,445,920$2,219,877$3,189,323
58$3,640,976$2,504,457$2,232,930$3,388,479
59$3,949,111$2,563,931$2,244,489$3,604,966
60$4,286,683$2,624,327$2,254,442$3,840,496
61$4,656,633$2,685,627$2,262,674$4,096,952
62$5,062,198$2,747,811$2,269,062$4,376,412
63$5,506,945$2,810,856$2,273,478$4,681,163
64$5,994,800$2,874,735$2,275,786$5,013,726
65$6,530,090$2,939,417$2,275,846$5,376,880
66$7,117,580$3,004,869$2,273,507$5,773,685
67$7,762,518$3,071,053$2,268,615$6,207,516
68$8,470,688$3,137,927$2,261,006$6,682,090
69$9,248,456$3,205,444$2,250,508$7,201,503
70$10,102,841$3,273,553$2,236,942$7,770,271
71$11,041,570$3,342,197$2,220,120$8,393,370
72$12,073,160$3,411,314$2,199,843$9,076,281
73$13,206,990$3,480,836$2,175,906$9,825,049
74$14,453,396$3,550,690$2,148,091$10,646,334
75$15,823,762$3,620,794$2,116,172$11,547,475
76$17,330,634$3,691,061$2,079,912$12,536,562
77$18,987,831$3,761,395$2,039,062$13,622,510
78$20,810,581$3,831,695$1,993,361$14,815,144
79$22,815,660$3,901,847$1,942,539$16,125,294
80$25,021,553$3,971,733$1,886,309$17,564,895
81$27,448,626$4,041,223$1,824,375$19,147,100
82$30,119,318$4,110,175$1,756,424$20,886,405
83$33,058,356$4,178,441$1,682,132$22,798,789
84$36,292,982$4,245,858$1,601,157$24,901,860
85$39,853,214$4,312,253$1,513,143$27,215,026
86$43,772,127$4,377,439$1,417,719$29,759,676
87$48,086,168$4,441,217$1,314,496$32,559,384
88$52,835,492$4,503,372$1,203,067$35,640,130
89$58,064,351$4,563,676$1,083,008$39,030,550
90$63,821,501$4,621,883$953,876$42,762,200
91$70,160,671$4,677,732$815,207$46,869,864
92$77,141,061$4,730,942$666,519$51,391,872
93$84,827,908$4,781,216$507,305$56,370,473
94$93,293,094$4,828,235$337,039$61,852,226
95$102,615,830$4,871,659$155,170$67,888,448
96$112,883,400$4,911,127$0$74,535,692
97$124,191,987$4,946,252$0$81,864,177
98$136,647,576$4,976,624$0$89,968,791
99$150,366,957$5,001,807$0$98,893,875
100$165,478,827$5,021,336$0$108,722,997