Can I retire at age 52 with 1,980,000?

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 $1,980,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$163,507$162,050$160,629$159,242$157,888$154,448
2 years$80,944$79,436$77,975$76,559$75,185$71,736
3 years$53,427$51,913$50,455$49,052$47,700$44,351
4 years$39,671$38,161$36,718$35,339$34,020$30,796
5 years$31,419$29,919$28,495$27,144$25,862$22,771
6 years$25,920$24,431$23,028$21,707$20,463$17,511
7 years$21,994$20,517$19,137$17,847$16,642$13,827
8 years$19,050$17,587$16,229$14,971$13,806$11,128
9 years$16,762$15,313$13,978$12,752$11,627$9,084
10 years$14,932$13,497$12,187$10,992$9,907$7,496
11 years$13,437$12,016$10,729$9,567$8,520$6,239
12 years$12,191$10,785$9,522$8,391$7,383$5,228
13 years$11,138$9,746$8,507$7,408$6,438$4,405
14 years$10,236$8,859$7,644$6,576$5,644$3,728
15 years$9,455$8,093$6,901$5,865$4,969$3,167
16 years$8,772$7,425$6,257$5,251$4,392$2,699
17 years$8,170$6,838$5,693$4,718$3,894$2,306
18 years$7,636$6,319$5,197$4,252$3,463$1,974
19 years$7,159$5,856$4,758$3,842$3,086$1,693
20 years$6,729$5,442$4,367$3,480$2,757$1,455
21 years$6,342$5,069$4,016$3,158$2,467$1,252
22 years$5,989$4,732$3,702$2,871$2,211$1,078
23 years$5,668$4,425$3,418$2,615$1,985$929
24 years$5,375$4,146$3,161$2,385$1,784$802
25 years$5,105$3,891$2,928$2,178$1,605$692
26 years$4,856$3,657$2,715$1,992$1,446$598
27 years$4,626$3,442$2,521$1,823$1,304$517
28 years$4,413$3,243$2,344$1,670$1,176$447
29 years$4,215$3,059$2,181$1,532$1,062$387
30 years$4,030$2,889$2,032$1,406$960$335
31 years$3,858$2,731$1,894$1,291$868$290
32 years$3,697$2,584$1,767$1,186$785$251
33 years$3,546$2,448$1,650$1,091$710$217
34 years$3,404$2,320$1,542$1,004$643$188
35 years$3,270$2,200$1,441$924$583$163
36 years$3,145$2,088$1,348$851$528$141
37 years$3,026$1,983$1,262$784$478$122
38 years$2,914$1,885$1,182$723$434$106
39 years$2,808$1,792$1,107$666$393$92
40 years$2,707$1,705$1,038$615$357$80
41 years$2,612$1,623$973$567$324$69
42 years$2,521$1,546$913$523$294$60
43 years$2,435$1,473$857$483$267$52
44 years$2,353$1,404$804$446$242$45
45 years$2,274$1,339$755$412$220$39
46 years$2,200$1,277$709$381$199$34
47 years$2,129$1,219$666$352$181$29
48 years$2,060$1,164$626$325$164$25
49 years$1,995$1,111$588$300$149$22
50 years$1,933$1,061$553$278$136$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,980,000, adding $5,936 every year, while hoping to spend $33,258 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: 67/5/28 Blend
51$1,980,000$1,980,000$1,980,000$1,980,000
52$2,188,083$2,083,143$2,052,453$2,318,258
53$2,375,881$2,149,831$2,085,824$2,473,399
54$2,581,720$2,218,672$2,119,198$2,638,736
55$2,807,405$2,289,736$2,152,541$2,818,837
56$3,054,924$2,363,096$2,185,814$3,015,161
57$3,326,466$2,438,828$2,218,979$3,229,319
58$3,624,443$2,517,008$2,251,992$3,463,083
59$3,951,513$2,597,718$2,284,811$3,718,406
60$4,310,601$2,681,040$2,317,386$3,997,439
61$4,704,931$2,767,060$2,349,667$4,302,553
62$5,138,054$2,855,866$2,381,601$4,636,359
63$5,613,883$2,947,550$2,413,131$5,001,733
64$6,136,725$3,042,207$2,444,198$5,401,846
65$6,711,330$3,139,934$2,474,737$5,840,189
66$7,342,927$3,240,832$2,504,683$6,320,609
67$8,037,279$3,345,007$2,533,963$6,847,348
68$8,800,735$3,452,565$2,562,504$7,425,076
69$9,640,287$3,563,618$2,590,225$8,058,941
70$10,563,644$3,678,282$2,617,045$8,754,613
71$11,579,294$3,796,677$2,642,874$9,518,344
72$12,696,592$3,918,924$2,667,621$10,357,019
73$13,925,845$4,045,152$2,691,187$11,278,228
74$15,278,410$4,175,493$2,713,470$12,290,331
75$16,766,798$4,310,083$2,734,362$13,402,544
76$18,404,797$4,449,062$2,753,748$14,625,020
77$20,207,596$4,592,576$2,771,509$15,968,948
78$22,191,935$4,740,776$2,787,518$17,446,659
79$24,376,256$4,893,818$2,801,644$19,071,739
80$26,780,881$5,051,862$2,813,746$20,859,162
81$29,428,202$5,215,075$2,823,678$22,825,426
82$32,342,895$5,383,629$2,831,286$24,988,715
83$35,552,145$5,557,702$2,836,410$27,369,066
84$39,085,913$5,737,479$2,838,879$29,988,558
85$42,977,210$5,923,149$2,838,515$32,871,525
86$47,262,412$6,114,910$2,835,132$36,044,781
87$51,981,602$6,312,965$2,828,533$39,537,876
88$57,178,951$6,517,525$2,818,514$43,383,372
89$62,903,128$6,728,808$2,804,859$47,617,156
90$69,207,768$6,947,040$2,787,342$52,278,774
91$76,151,969$7,172,454$2,765,726$57,411,804
92$83,800,856$7,405,290$2,739,765$63,064,274
93$92,226,193$7,645,800$2,709,197$69,289,106
94$101,507,061$7,894,240$2,673,751$76,144,624
95$111,730,601$8,150,878$2,633,142$83,695,101
96$122,992,843$8,415,991$2,587,072$92,011,366
97$135,399,603$8,689,865$2,535,229$101,171,475
98$149,067,489$8,972,795$2,477,286$111,261,444
99$164,125,000$9,265,089$2,412,902$122,376,067
100$180,713,734$9,567,062$2,341,719$134,619,804