Can I retire at age 52 with 1,970,000?

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 $1,970,000?

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$162,681$161,232$159,818$158,438$157,091$154,361
2 years$80,535$79,035$77,582$76,172$74,805$72,064
3 years$53,157$51,650$50,200$48,804$47,459$44,792
4 years$39,470$37,968$36,533$35,161$33,848$31,276
5 years$31,260$29,768$28,351$27,007$25,731$23,260
6 years$25,789$24,308$22,912$21,598$20,360$17,993
7 years$21,883$20,413$19,040$17,757$16,558$14,297
8 years$18,954$17,498$16,147$14,896$13,737$11,580
9 years$16,677$15,235$13,908$12,688$11,568$9,515
10 years$14,857$13,429$12,125$10,937$9,857$7,905
11 years$13,369$11,955$10,675$9,518$8,477$6,625
12 years$12,129$10,730$9,474$8,349$7,346$5,591
13 years$11,082$9,697$8,464$7,371$6,406$4,745
14 years$10,184$8,814$7,605$6,543$5,615$4,046
15 years$9,407$8,052$6,866$5,835$4,944$3,464
16 years$8,728$7,388$6,225$5,225$4,370$2,975
17 years$8,129$6,804$5,665$4,694$3,875$2,562
18 years$7,598$6,287$5,171$4,231$3,445$2,211
19 years$7,122$5,827$4,734$3,823$3,071$1,912
20 years$6,695$5,414$4,345$3,462$2,743$1,656
21 years$6,310$5,043$3,996$3,142$2,454$1,437
22 years$5,959$4,708$3,683$2,857$2,200$1,248
23 years$5,640$4,403$3,401$2,602$1,975$1,085
24 years$5,347$4,125$3,145$2,373$1,775$944
25 years$5,079$3,871$2,913$2,167$1,597$823
26 years$4,831$3,639$2,702$1,982$1,439$717
27 years$4,603$3,424$2,509$1,814$1,297$625
28 years$4,391$3,227$2,332$1,662$1,170$546
29 years$4,194$3,044$2,170$1,524$1,057$476
30 years$4,010$2,875$2,022$1,399$955$416
31 years$3,839$2,718$1,885$1,285$863$363
32 years$3,678$2,571$1,758$1,180$781$318
33 years$3,528$2,435$1,642$1,086$707$278
34 years$3,387$2,308$1,534$999$640$243
35 years$3,254$2,189$1,434$919$580$212
36 years$3,129$2,078$1,342$847$525$186
37 years$3,011$1,973$1,256$780$476$162
38 years$2,899$1,875$1,176$719$432$142
39 years$2,793$1,783$1,102$663$391$124
40 years$2,693$1,697$1,033$612$355$109
41 years$2,598$1,615$968$564$322$95
42 years$2,508$1,538$908$521$292$83
43 years$2,422$1,466$852$481$265$73
44 years$2,341$1,397$800$444$241$64
45 years$2,263$1,332$751$410$219$56
46 years$2,189$1,271$706$379$198$49
47 years$2,118$1,213$663$350$180$43
48 years$2,050$1,158$623$323$164$37
49 years$1,985$1,106$586$299$149$33
50 years$1,923$1,056$550$276$135$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,970,000, adding $4,248 every year, while hoping to spend $43,258 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: 69/13/18 Blend
51$1,970,000$1,970,000$1,970,000$1,970,000
52$2,175,322$2,070,912$2,040,377$2,315,690
53$2,351,178$2,126,360$2,062,703$2,465,296
54$2,543,523$2,183,076$2,084,328$2,623,427
55$2,753,990$2,241,075$2,105,181$2,795,375
56$2,984,383$2,300,374$2,125,191$2,982,498
57$3,236,685$2,360,987$2,144,279$3,186,292
58$3,513,081$2,422,929$2,162,366$3,408,405
59$3,815,975$2,486,212$2,179,366$3,650,653
60$4,148,019$2,550,851$2,195,189$3,915,035
61$4,512,129$2,616,855$2,209,740$4,203,754
62$4,911,521$2,684,236$2,222,921$4,519,238
63$5,349,734$2,753,001$2,234,627$4,864,161
64$5,830,668$2,823,159$2,244,748$5,241,467
65$6,358,617$2,894,716$2,253,168$5,654,403
66$6,938,315$2,967,675$2,259,768$6,106,544
67$7,574,971$3,042,039$2,264,418$6,601,831
68$8,274,328$3,117,809$2,266,986$7,144,604
69$9,042,711$3,194,984$2,267,332$7,739,647
70$9,887,088$3,273,558$2,265,308$8,392,230
71$10,815,135$3,353,526$2,260,760$9,108,160
72$11,835,309$3,434,879$2,253,525$9,893,838
73$12,956,927$3,517,605$2,243,435$10,756,315
74$14,190,254$3,601,688$2,230,311$11,703,360
75$15,546,600$3,687,111$2,213,966$12,743,537
76$17,038,425$3,773,851$2,194,205$13,886,281
77$18,679,457$3,861,882$2,170,824$15,141,989
78$20,484,823$3,951,175$2,143,607$16,522,120
79$22,471,187$4,041,696$2,112,331$18,039,298
80$24,656,914$4,133,404$2,076,760$19,707,439
81$27,062,235$4,226,257$2,036,647$21,541,874
82$29,709,444$4,320,205$1,991,736$23,559,502
83$32,623,104$4,415,192$1,941,756$25,778,941
84$35,830,282$4,511,157$1,886,426$28,220,713
85$39,360,800$4,608,033$1,825,450$30,907,430
86$43,247,519$4,705,744$1,758,520$33,864,011
87$47,526,649$4,804,208$1,685,313$37,117,919
88$52,238,088$4,903,336$1,605,493$40,699,416
89$57,425,802$5,003,028$1,518,705$44,641,855
90$63,138,234$5,103,177$1,424,582$48,981,989
91$69,428,767$5,203,665$1,322,739$53,760,320
92$76,356,223$5,304,367$1,212,772$59,021,484
93$83,985,419$5,405,142$1,094,262$64,814,671
94$92,387,781$5,505,843$966,769$71,194,089
95$101,642,013$5,606,308$829,834$78,219,477
96$111,834,843$5,706,362$682,978$85,956,667
97$123,061,840$5,805,817$525,701$94,478,211
98$135,428,316$5,904,470$357,480$103,864,061
99$149,050,319$6,002,103$177,770$114,202,326
100$164,055,727$6,098,482$0$125,590,107