Can I retire at age 52 with 2,120,000?

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 $2,120,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$175,068$173,508$171,987$170,502$169,052$164,167
2 years$86,667$85,053$83,489$81,972$80,501$75,618
3 years$57,204$55,583$54,023$52,520$51,073$46,345
4 years$42,476$40,859$39,315$37,838$36,426$31,890
5 years$33,641$32,034$30,510$29,063$27,690$23,358
6 years$27,753$26,158$24,656$23,242$21,910$17,786
7 years$23,549$21,968$20,490$19,109$17,819$13,902
8 years$20,397$18,830$17,377$16,030$14,783$11,072
9 years$17,947$16,395$14,967$13,654$12,449$8,940
10 years$15,988$14,452$13,048$11,770$10,607$7,295
11 years$14,387$12,865$11,488$10,243$9,123$6,002
12 years$13,053$11,547$10,195$8,985$7,905$4,970
13 years$11,925$10,435$9,108$7,932$6,894$4,138
14 years$10,960$9,486$8,184$7,041$6,043$3,459
15 years$10,123$8,665$7,389$6,280$5,321$2,902
16 years$9,392$7,950$6,699$5,623$4,702$2,441
17 years$8,748$7,322$6,096$5,052$4,170$2,058
18 years$8,176$6,766$5,565$4,553$3,707$1,739
19 years$7,665$6,270$5,094$4,114$3,304$1,472
20 years$7,205$5,827$4,675$3,726$2,952$1,247
21 years$6,790$5,427$4,300$3,381$2,641$1,058
22 years$6,413$5,066$3,964$3,075$2,368$899
23 years$6,069$4,738$3,660$2,800$2,125$764
24 years$5,755$4,440$3,385$2,554$1,910$650
25 years$5,466$4,166$3,135$2,332$1,719$553
26 years$5,199$3,916$2,907$2,132$1,548$471
27 years$4,953$3,685$2,700$1,952$1,396$401
28 years$4,725$3,472$2,510$1,788$1,260$342
29 years$4,513$3,276$2,336$1,640$1,137$291
30 years$4,315$3,094$2,175$1,505$1,028$249
31 years$4,131$2,925$2,028$1,382$929$212
32 years$3,958$2,767$1,892$1,270$840$181
33 years$3,797$2,621$1,767$1,168$761$154
34 years$3,645$2,484$1,651$1,075$689$132
35 years$3,502$2,356$1,543$989$624$112
36 years$3,367$2,236$1,444$911$565$96
37 years$3,240$2,124$1,351$840$512$82
38 years$3,120$2,018$1,266$774$464$70
39 years$3,006$1,919$1,186$714$421$60
40 years$2,898$1,826$1,111$658$382$51
41 years$2,796$1,738$1,042$607$347$43
42 years$2,699$1,655$977$560$314$37
43 years$2,607$1,577$917$517$285$32
44 years$2,519$1,503$861$478$259$27
45 years$2,435$1,434$808$441$235$23
46 years$2,355$1,368$759$407$214$20
47 years$2,279$1,305$713$376$194$17
48 years$2,206$1,246$670$348$176$14
49 years$2,137$1,190$630$321$160$12
50 years$2,070$1,137$592$297$145$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,120,000, adding $5,274 every year, while hoping to spend $36,425 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: 55/30/15 Blend
51$2,120,000$2,120,000$2,120,000$2,120,000
52$2,341,680$2,229,320$2,196,460$2,460,953
53$2,541,776$2,299,801$2,231,286$2,613,161
54$2,761,060$2,372,514$2,266,057$2,774,435
55$3,001,452$2,447,532$2,300,734$2,949,216
56$3,265,065$2,524,926$2,335,274$3,138,801
57$3,554,227$2,604,772$2,369,630$3,344,618
58$3,871,501$2,687,149$2,403,756$3,568,237
59$4,219,712$2,772,137$2,437,600$3,811,388
60$4,601,970$2,859,819$2,471,106$4,075,973
61$5,021,701$2,950,280$2,504,219$4,364,089
62$5,482,680$3,043,610$2,536,876$4,678,041
63$5,989,065$3,139,898$2,569,013$5,020,367
64$6,545,437$3,239,241$2,600,562$5,393,864
65$7,156,842$3,341,733$2,631,450$5,801,609
66$7,828,838$3,447,477$2,661,603$6,246,993
67$8,567,551$3,556,575$2,690,938$6,733,746
68$9,379,729$3,669,134$2,719,371$7,265,980
69$10,272,804$3,785,265$2,746,813$7,848,221
70$11,254,968$3,905,080$2,773,170$8,485,454
71$12,335,244$4,028,699$2,798,340$9,183,171
72$13,523,575$4,156,241$2,822,221$9,947,420
73$14,830,915$4,287,832$2,844,700$10,784,862
74$16,269,333$4,423,601$2,865,663$11,702,836
75$17,852,129$4,563,682$2,884,986$12,709,425
76$19,593,955$4,708,210$2,902,542$13,813,533
77$21,510,955$4,857,330$2,918,194$15,024,971
78$23,620,920$5,011,186$2,931,801$16,354,543
79$25,943,450$5,169,930$2,943,212$17,814,155
80$28,500,144$5,333,719$2,952,272$19,416,924
81$31,314,800$5,502,713$2,958,815$21,177,297
82$34,413,642$5,677,078$2,962,667$23,111,196
83$37,825,565$5,856,986$2,963,648$25,236,159
84$41,582,408$6,042,614$2,961,566$27,571,511
85$45,719,257$6,234,145$2,956,221$30,138,543
86$50,274,770$6,431,768$2,947,404$32,960,715
87$55,291,549$6,635,677$2,934,894$36,063,873
88$60,816,535$6,846,072$2,918,461$39,476,496
89$66,901,454$7,063,163$2,897,862$43,229,965
90$73,603,307$7,287,163$2,872,845$47,358,855
91$80,984,903$7,518,292$2,843,144$51,901,264
92$89,115,455$7,756,780$2,808,481$56,899,171
93$98,071,230$8,002,861$2,768,564$62,398,830
94$107,936,274$8,256,780$2,723,089$68,451,212
95$118,803,198$8,518,786$2,671,737$75,112,477
96$130,774,057$8,789,140$2,614,173$82,444,512
97$143,961,312$9,068,108$2,550,049$90,515,508
98$158,488,887$9,355,967$2,478,997$99,400,609
99$174,493,347$9,653,002$2,400,636$109,182,615
100$192,125,177$9,959,508$2,314,566$119,952,767