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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.8%
1 years$170,113$168,598$167,119$165,676$164,267$159,713
2 years$84,214$82,646$81,126$79,652$78,223$73,669
3 years$55,585$54,010$52,494$51,034$49,628$45,216
4 years$41,273$39,703$38,202$36,767$35,395$31,160
5 years$32,689$31,128$29,646$28,241$26,907$22,859
6 years$26,967$25,418$23,959$22,584$21,290$17,435
7 years$22,882$21,346$19,910$18,568$17,315$13,651
8 years$19,820$18,298$16,885$15,576$14,364$10,891
9 years$17,439$15,931$14,543$13,267$12,097$8,810
10 years$15,536$14,043$12,679$11,437$10,307$7,203
11 years$13,980$12,501$11,162$9,953$8,864$5,937
12 years$12,684$11,221$9,906$8,730$7,682$4,927
13 years$11,588$10,140$8,851$7,708$6,699$4,109
14 years$10,649$9,217$7,952$6,842$5,872$3,443
15 years$9,837$8,420$7,180$6,102$5,170$2,894
16 years$9,127$7,725$6,510$5,463$4,569$2,440
17 years$8,501$7,115$5,924$4,909$4,052$2,062
18 years$7,945$6,574$5,407$4,424$3,602$1,746
19 years$7,448$6,093$4,950$3,997$3,211$1,481
20 years$7,001$5,662$4,543$3,620$2,868$1,258
21 years$6,598$5,274$4,179$3,286$2,567$1,070
22 years$6,231$4,923$3,851$2,987$2,301$911
23 years$5,897$4,604$3,556$2,721$2,065$776
24 years$5,592$4,314$3,289$2,481$1,856$662
25 years$5,311$4,048$3,046$2,266$1,670$564
26 years$5,052$3,805$2,825$2,072$1,505$482
27 years$4,813$3,581$2,623$1,897$1,356$411
28 years$4,591$3,374$2,439$1,738$1,224$351
29 years$4,385$3,183$2,269$1,594$1,105$300
30 years$4,193$3,006$2,114$1,462$999$257
31 years$4,014$2,842$1,971$1,343$903$220
32 years$3,846$2,689$1,839$1,234$817$188
33 years$3,689$2,546$1,717$1,135$739$161
34 years$3,542$2,413$1,604$1,044$669$137
35 years$3,403$2,289$1,500$961$606$118
36 years$3,272$2,173$1,403$885$549$101
37 years$3,148$2,064$1,313$816$498$86
38 years$3,032$1,961$1,230$752$451$74
39 years$2,921$1,865$1,152$693$409$63
40 years$2,816$1,774$1,080$640$371$54
41 years$2,717$1,689$1,013$590$337$46
42 years$2,623$1,608$950$545$306$40
43 years$2,533$1,533$891$503$277$34
44 years$2,448$1,461$837$464$252$29
45 years$2,366$1,393$786$429$228$25
46 years$2,289$1,329$738$396$207$21
47 years$2,215$1,268$693$366$188$18
48 years$2,144$1,211$651$338$171$16
49 years$2,076$1,156$612$312$155$13
50 years$2,011$1,104$576$289$141$11

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 $6,912 every year, while hoping to spend $49,230 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: 24/48/28 Blend
51$2,060,000$2,060,000$2,060,000$2,060,000
52$2,277,250$2,168,070$2,136,140$2,311,700
53$2,457,149$2,221,925$2,155,320$2,395,362
54$2,653,748$2,276,769$2,173,493$2,480,327
55$2,868,698$2,332,598$2,190,573$2,570,329
56$3,103,817$2,389,408$2,206,469$2,665,819
57$3,361,108$2,447,190$2,221,087$2,767,296
58$3,642,774$2,505,936$2,234,327$2,875,309
59$3,951,244$2,565,633$2,246,083$2,990,464
60$4,289,190$2,626,268$2,256,246$3,113,430
61$4,659,556$2,687,825$2,264,700$3,244,944
62$5,065,585$2,750,283$2,271,322$3,385,817
63$5,510,848$2,813,620$2,275,984$3,536,946
64$5,999,278$2,877,810$2,278,553$3,699,320
65$6,535,207$2,942,826$2,278,887$3,874,028
66$7,123,407$3,008,633$2,276,839$4,062,275
67$7,769,134$3,075,195$2,272,252$4,265,387
68$8,478,178$3,142,472$2,264,965$4,484,827
69$9,256,917$3,210,418$2,254,806$4,722,211
70$10,112,377$3,278,983$2,241,596$4,979,320
71$11,052,298$3,348,112$2,225,149$5,258,120
72$12,085,209$3,417,746$2,205,267$5,560,778
73$13,220,501$3,487,816$2,181,745$5,889,686
74$14,468,526$3,558,253$2,154,367$6,247,483
75$15,840,684$3,628,976$2,122,907$6,637,079
76$17,349,538$3,699,900$2,087,128$7,061,686
77$19,008,928$3,770,932$2,046,784$7,524,846
78$20,834,102$3,841,971$2,001,615$8,030,466
79$22,841,861$3,912,909$1,951,350$8,582,857
80$25,050,717$3,983,627$1,895,706$9,186,772
81$27,481,063$4,053,998$1,834,386$9,847,458
82$30,155,373$4,123,885$1,767,079$10,570,697
83$33,098,407$4,193,141$1,693,462$11,362,872
84$36,337,446$4,261,607$1,613,195$12,231,019
85$39,902,552$4,329,112$1,525,923$13,182,902
86$43,826,848$4,395,474$1,431,277$14,227,081
87$48,146,830$4,460,496$1,328,868$15,372,998
88$52,902,714$4,523,967$1,218,292$16,631,066
89$58,138,812$4,585,663$1,099,127$18,012,771
90$63,903,954$4,645,343$970,930$19,530,777
91$70,251,942$4,702,750$833,241$21,199,052
92$77,242,062$4,757,607$685,577$23,032,998
93$84,939,645$4,809,622$527,436$25,049,599
94$93,416,675$4,858,480$358,292$27,267,586
95$102,752,479$4,903,849$177,598$29,707,612
96$113,034,464$4,945,370$0$32,392,448
97$124,358,951$4,982,664$0$35,351,760
98$136,832,077$5,015,328$0$38,665,600
99$150,570,800$5,042,930$0$42,311,571
100$165,704,001$5,065,013$0$46,323,525