Can I retire at age 52 with 2,020,000?

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 $2,020,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$166,810$165,324$163,874$162,459$161,078$159,528
2 years$82,579$81,041$79,551$78,105$76,704$75,143
3 years$54,506$52,961$51,474$50,043$48,664$47,140
4 years$40,472$38,932$37,460$36,053$34,708$33,232
5 years$32,054$30,523$29,071$27,692$26,384$24,962
6 years$26,444$24,925$23,493$22,146$20,877$19,510
7 years$22,438$20,932$19,523$18,207$16,978$15,667
8 years$19,435$17,942$16,557$15,274$14,085$12,829
9 years$17,101$15,622$14,261$13,010$11,862$10,660
10 years$15,234$13,770$12,433$11,214$10,107$8,960
11 years$13,708$12,259$10,946$9,760$8,692$7,598
12 years$12,437$11,003$9,714$8,561$7,533$6,491
13 years$11,363$9,943$8,679$7,558$6,569$5,578
14 years$10,443$9,038$7,798$6,709$5,758$4,817
15 years$9,646$8,256$7,040$5,983$5,070$4,177
16 years$8,949$7,575$6,383$5,357$4,481$3,635
17 years$8,335$6,976$5,808$4,814$3,973$3,172
18 years$7,790$6,447$5,302$4,338$3,532$2,776
19 years$7,303$5,975$4,854$3,920$3,149$2,434
20 years$6,865$5,552$4,455$3,550$2,812$2,138
21 years$6,470$5,171$4,098$3,222$2,517$1,882
22 years$6,110$4,827$3,777$2,929$2,256$1,658
23 years$5,783$4,515$3,487$2,668$2,025$1,463
24 years$5,483$4,230$3,225$2,433$1,820$1,292
25 years$5,208$3,970$2,987$2,222$1,638$1,142
26 years$4,954$3,731$2,770$2,032$1,475$1,011
27 years$4,720$3,511$2,572$1,860$1,330$895
28 years$4,502$3,309$2,391$1,704$1,200$793
29 years$4,300$3,121$2,225$1,563$1,084$703
30 years$4,112$2,948$2,073$1,434$979$624
31 years$3,936$2,787$1,932$1,317$885$553
32 years$3,772$2,637$1,803$1,210$801$491
33 years$3,618$2,497$1,683$1,113$725$436
34 years$3,473$2,367$1,573$1,024$656$388
35 years$3,337$2,245$1,471$943$594$344
36 years$3,208$2,131$1,376$868$538$306
37 years$3,087$2,023$1,288$800$488$272
38 years$2,973$1,923$1,206$737$442$242
39 years$2,864$1,829$1,130$680$401$215
40 years$2,762$1,740$1,059$627$364$191
41 years$2,664$1,656$993$579$330$170
42 years$2,572$1,577$931$534$300$151
43 years$2,484$1,503$874$493$272$135
44 years$2,400$1,432$820$455$247$120
45 years$2,320$1,366$770$420$224$107
46 years$2,244$1,303$723$388$203$95
47 years$2,172$1,244$680$359$185$84
48 years$2,102$1,187$639$331$168$75
49 years$2,036$1,134$600$306$152$67
50 years$1,972$1,083$564$283$138$60

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,020,000, adding $5,940 every year, while hoping to spend $52,445 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: 52/40/8 Blend
51$2,020,000$2,020,000$2,020,000$2,020,000
52$2,232,167$2,125,107$2,093,797$2,343,470
53$2,404,047$2,173,436$2,108,138$2,468,093
54$2,591,701$2,222,376$2,121,202$2,597,374
55$2,796,683$2,271,900$2,132,890$2,736,720
56$3,020,702$2,321,981$2,143,100$2,887,091
57$3,265,643$2,372,587$2,151,723$3,049,544
58$3,533,577$2,423,683$2,158,644$3,225,243
59$3,826,788$2,475,230$2,163,745$3,415,470
60$4,147,790$2,527,185$2,166,900$3,621,637
61$4,499,349$2,579,502$2,167,976$3,845,301
62$4,884,515$2,632,130$2,166,836$4,088,174
63$5,306,644$2,685,013$2,163,333$4,352,147
64$5,769,434$2,738,091$2,157,317$4,639,298
65$6,276,956$2,791,297$2,148,626$4,951,921
66$6,833,694$2,844,559$2,137,095$5,292,542
67$7,444,590$2,897,801$2,122,546$5,663,945
68$8,115,083$2,950,939$2,104,796$6,069,198
69$8,851,168$3,003,881$2,083,653$6,511,682
70$9,659,446$3,056,530$2,058,915$6,995,121
71$10,547,191$3,108,781$2,030,369$7,523,623
72$11,522,414$3,160,521$1,997,796$8,101,713
73$12,593,941$3,211,627$1,960,963$8,734,378
74$13,771,495$3,261,969$1,919,627$9,427,116
75$15,065,788$3,311,406$1,873,536$10,185,985
76$16,488,622$3,359,789$1,822,423$11,017,662
77$18,052,997$3,406,954$1,766,010$11,929,509
78$19,773,239$3,452,731$1,704,007$12,929,636
79$21,665,129$3,496,935$1,636,111$14,026,986
80$23,746,055$3,539,367$1,562,003$15,231,414
81$26,035,174$3,579,817$1,481,352$16,553,781
82$28,553,594$3,618,061$1,393,810$18,006,062
83$31,324,573$3,653,858$1,299,015$19,601,452
84$34,373,734$3,686,953$1,196,587$21,354,496
85$37,729,313$3,717,071$1,086,130$23,281,229
86$41,422,419$3,743,923$967,232$25,399,320
87$45,487,330$3,767,200$839,458$27,728,248
88$49,961,817$3,786,572$702,359$30,289,480
89$54,887,496$3,801,688$555,462$33,106,681
90$60,310,227$3,812,177$398,276$36,205,932
91$66,280,538$3,817,642$230,287$39,615,980
92$72,854,110$3,817,663$50,958$43,368,512
93$80,092,294$3,811,793$0$47,498,451
94$88,062,695$3,799,558$0$52,056,276
95$96,839,808$3,780,454$0$57,077,851
96$106,505,720$3,753,949$0$62,605,636
97$117,150,885$3,719,474$0$68,691,227
98$128,874,977$3,676,430$0$75,391,489
99$141,787,830$3,624,180$0$82,769,093
100$156,010,473$3,562,049$0$90,893,113