Can I retire at age 52 with 1,990,000?

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 $1,990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$164,332$162,869$161,440$160,046$158,685$152,691
2 years$81,353$79,838$78,369$76,945$75,564$69,595
3 years$53,696$52,175$50,710$49,300$47,941$42,184
4 years$39,871$38,354$36,904$35,518$34,192$28,691
5 years$31,578$30,070$28,639$27,281$25,992$20,762
6 years$26,051$24,554$23,145$21,817$20,567$15,611
7 years$22,105$20,621$19,233$17,937$16,726$12,043
8 years$19,146$17,676$16,311$15,047$13,876$9,461
9 years$16,847$15,390$14,049$12,816$11,686$7,533
10 years$15,008$13,565$12,248$11,048$9,957$6,059
11 years$13,504$12,077$10,783$9,615$8,563$4,911
12 years$12,253$10,839$9,570$8,434$7,421$4,005
13 years$11,194$9,796$8,550$7,446$6,471$3,282
14 years$10,288$8,904$7,682$6,609$5,672$2,701
15 years$9,503$8,134$6,936$5,894$4,994$2,229
16 years$8,816$7,463$6,288$5,278$4,414$1,844
17 years$8,212$6,873$5,722$4,742$3,914$1,529
18 years$7,675$6,351$5,224$4,274$3,480$1,270
19 years$7,195$5,886$4,782$3,862$3,102$1,056
20 years$6,763$5,469$4,389$3,497$2,771$879
21 years$6,374$5,095$4,037$3,174$2,479$733
22 years$6,020$4,756$3,720$2,886$2,222$611
23 years$5,697$4,448$3,435$2,628$1,995$510
24 years$5,402$4,167$3,177$2,397$1,793$426
25 years$5,131$3,911$2,943$2,189$1,614$356
26 years$4,881$3,676$2,729$2,002$1,453$298
27 years$4,649$3,459$2,534$1,832$1,310$249
28 years$4,435$3,259$2,356$1,679$1,182$208
29 years$4,236$3,075$2,192$1,539$1,068$174
30 years$4,051$2,904$2,042$1,413$965$146
31 years$3,878$2,745$1,904$1,298$872$122
32 years$3,716$2,598$1,776$1,192$789$102
33 years$3,564$2,460$1,658$1,097$714$85
34 years$3,421$2,331$1,550$1,009$646$72
35 years$3,287$2,211$1,449$929$586$60
36 years$3,161$2,099$1,355$855$530$50
37 years$3,041$1,993$1,269$788$481$42
38 years$2,928$1,894$1,188$726$436$35
39 years$2,822$1,801$1,113$670$395$29
40 years$2,721$1,714$1,043$618$359$25
41 years$2,625$1,632$978$570$325$21
42 years$2,534$1,554$918$526$295$17
43 years$2,447$1,480$861$486$268$14
44 years$2,364$1,411$808$448$243$12
45 years$2,286$1,346$759$414$221$10
46 years$2,211$1,284$713$382$200$9
47 years$2,139$1,225$670$353$182$7
48 years$2,071$1,170$629$327$165$6
49 years$2,006$1,117$591$302$150$5
50 years$1,943$1,067$556$279$136$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $1,990,000, adding $5,099 every year, while hoping to spend $27,333 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: 62/16/22 Blend
51$1,990,000$1,990,000$1,990,000$1,990,000
52$2,198,240$2,092,770$2,061,925$2,321,583
53$2,393,378$2,166,233$2,101,917$2,479,026
54$2,607,504$2,242,380$2,142,333$2,647,368
55$2,842,527$2,321,314$2,183,158$2,830,549
56$3,100,547$2,403,141$2,224,376$3,030,021
57$3,383,879$2,487,971$2,265,969$3,247,379
58$3,695,074$2,575,921$2,307,919$3,484,381
59$4,036,942$2,667,111$2,350,204$3,742,962
60$4,412,576$2,761,666$2,392,803$4,025,253
61$4,825,387$2,859,716$2,435,690$4,333,599
62$5,279,131$2,961,397$2,478,839$4,670,584
63$5,777,946$3,066,848$2,522,224$5,039,053
64$6,326,390$3,176,218$2,565,812$5,442,137
65$6,929,487$3,289,658$2,609,572$5,883,288
66$7,592,771$3,407,327$2,653,469$6,366,305
67$8,322,339$3,529,392$2,697,466$6,895,373
68$9,124,909$3,656,023$2,741,522$7,475,103
69$10,007,882$3,787,401$2,785,595$8,110,571
70$10,979,414$3,923,711$2,829,641$8,807,371
71$12,048,490$4,065,148$2,873,609$9,571,664
72$13,225,010$4,211,915$2,917,450$10,410,237
73$14,519,885$4,364,222$2,961,108$11,330,566
74$15,945,133$4,522,289$3,004,525$12,340,888
75$17,513,999$4,686,344$3,047,639$13,450,276
76$19,241,077$4,856,625$3,090,385$14,668,727
77$21,142,448$5,033,381$3,132,694$16,007,252
78$23,235,830$5,216,869$3,174,492$17,477,986
79$25,540,748$5,407,359$3,215,700$19,094,296
80$28,078,716$5,605,131$3,256,238$20,870,909
81$30,873,440$5,810,477$3,296,017$22,824,052
82$33,951,043$6,023,703$3,334,945$24,971,604
83$37,340,309$6,245,124$3,372,926$27,333,262
84$41,072,958$6,475,073$3,409,856$29,930,730
85$45,183,941$6,713,892$3,445,628$32,787,923
86$49,711,773$6,961,943$3,480,126$35,931,190
87$54,698,895$7,219,599$3,513,231$39,389,562
88$60,192,073$7,487,250$3,544,815$43,195,032
89$66,242,843$7,765,304$3,574,745$47,382,846
90$72,907,993$8,054,184$3,602,880$51,991,846
91$80,250,103$8,354,334$3,629,071$57,064,828
92$88,338,131$8,666,214$3,653,162$62,648,949
93$97,248,068$8,990,305$3,674,990$68,796,173
94$107,063,650$9,327,110$3,694,382$75,563,759
95$117,877,155$9,677,151$3,711,156$83,014,799
96$129,790,267$10,040,973$3,725,122$91,218,817
97$142,915,040$10,419,147$3,736,080$100,252,424
98$157,374,954$10,812,266$3,743,819$110,200,038
99$173,306,081$11,220,948$3,748,118$121,154,682
100$190,858,368$11,645,841$3,748,746$133,218,863