Can I retire at age 52 with 2,220,000?

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 $2,220,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$183,326$181,693$180,099$178,544$177,026$170,271
2 years$90,755$89,065$87,427$85,839$84,298$77,572
3 years$59,902$58,205$56,571$54,998$53,482$46,997
4 years$44,479$42,787$41,169$39,623$38,144$31,949
5 years$35,228$33,545$31,949$30,434$28,996$23,107
6 years$29,062$27,392$25,820$24,338$22,944$17,365
7 years$24,659$23,004$21,456$20,010$18,660$13,388
8 years$21,359$19,719$18,197$16,786$15,480$10,512
9 years$18,794$17,169$15,673$14,298$13,036$8,365
10 years$16,742$15,133$13,664$12,325$11,108$6,723
11 years$15,065$13,472$12,029$10,726$9,553$5,446
12 years$13,669$12,092$10,676$9,408$8,278$4,439
13 years$12,488$10,928$9,538$8,306$7,219$3,635
14 years$11,477$9,933$8,570$7,373$6,328$2,989
15 years$10,601$9,074$7,738$6,576$5,572$2,465
16 years$9,835$8,325$7,015$5,888$4,924$2,038
17 years$9,161$7,667$6,384$5,290$4,366$1,688
18 years$8,562$7,085$5,827$4,768$3,882$1,401
19 years$8,026$6,566$5,335$4,308$3,460$1,165
20 years$7,545$6,102$4,896$3,902$3,091$969
21 years$7,110$5,683$4,503$3,541$2,766$807
22 years$6,715$5,305$4,150$3,220$2,479$673
23 years$6,356$4,962$3,832$2,932$2,226$561
24 years$6,026$4,649$3,544$2,674$2,000$468
25 years$5,724$4,363$3,283$2,442$1,800$391
26 years$5,445$4,100$3,044$2,233$1,621$326
27 years$5,187$3,859$2,827$2,044$1,462$273
28 years$4,948$3,636$2,628$1,873$1,319$228
29 years$4,726$3,430$2,446$1,717$1,191$191
30 years$4,519$3,240$2,278$1,576$1,076$159
31 years$4,326$3,062$2,124$1,448$973$133
32 years$4,145$2,898$1,982$1,330$880$111
33 years$3,976$2,744$1,850$1,223$797$93
34 years$3,817$2,601$1,729$1,126$721$78
35 years$3,667$2,467$1,616$1,036$653$65
36 years$3,526$2,341$1,512$954$592$55
37 years$3,393$2,224$1,415$879$536$46
38 years$3,267$2,113$1,325$810$486$38
39 years$3,148$2,010$1,242$747$441$32
40 years$3,035$1,912$1,164$689$400$27
41 years$2,928$1,820$1,091$636$363$22
42 years$2,826$1,733$1,024$587$329$19
43 years$2,730$1,652$960$542$299$16
44 years$2,638$1,574$902$500$271$13
45 years$2,550$1,501$847$462$246$11
46 years$2,466$1,432$795$427$224$9
47 years$2,387$1,367$747$394$203$8
48 years$2,310$1,305$702$364$184$6
49 years$2,237$1,246$660$337$167$5
50 years$2,167$1,190$620$311$152$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,220,000, adding $6,708 every year, while hoping to spend $29,215 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: 77/6/17 Blend
51$2,220,000$2,220,000$2,220,000$2,220,000
52$2,453,359$2,335,699$2,301,289$2,632,504
53$2,672,517$2,419,064$2,347,298$2,835,112
54$2,913,050$2,505,534$2,393,869$3,052,924
55$3,177,108$2,595,232$2,440,990$3,291,000
56$3,467,057$2,688,283$2,488,647$3,551,354
57$3,785,507$2,784,818$2,536,827$3,836,206
58$4,135,330$2,884,976$2,585,512$4,147,999
59$4,519,692$2,988,898$2,634,684$4,489,425
60$4,942,079$3,096,732$2,684,325$4,863,449
61$5,406,333$3,208,634$2,734,412$5,273,336
62$5,916,686$3,324,764$2,784,922$5,722,684
63$6,477,800$3,445,290$2,835,829$6,215,455
64$7,094,813$3,570,387$2,887,107$6,756,015
65$7,773,385$3,700,236$2,938,725$7,349,171
66$8,519,749$3,835,027$2,990,652$8,000,223
67$9,340,778$3,974,957$3,042,853$8,715,005
68$10,244,040$4,120,233$3,095,291$9,499,947
69$11,237,875$4,271,068$3,147,926$10,362,133
70$12,331,474$4,427,685$3,200,717$11,309,368
71$13,534,960$4,590,318$3,253,617$12,350,250
72$14,859,491$4,759,208$3,306,578$13,494,251
73$16,317,359$4,934,609$3,359,548$14,751,811
74$17,922,109$5,116,784$3,412,472$16,134,428
75$19,688,665$5,306,008$3,465,291$17,654,775
76$21,633,472$5,502,566$3,517,943$19,326,813
77$23,774,652$5,706,757$3,570,359$21,165,925
78$26,132,171$5,918,893$3,622,471$23,189,062
79$28,728,031$6,139,297$3,674,202$25,414,899
80$31,586,475$6,368,308$3,725,473$27,864,017
81$34,734,219$6,606,278$3,776,199$30,559,090
82$38,200,699$6,853,575$3,826,292$33,525,107
83$42,018,353$7,110,583$3,875,655$36,789,597
84$46,222,925$7,377,702$3,924,190$40,382,901
85$50,853,802$7,655,348$3,971,789$44,338,447
86$55,954,388$7,943,958$4,018,341$48,693,072
87$61,572,508$8,243,984$4,063,728$53,487,367
88$67,760,866$8,555,902$4,107,825$58,766,061
89$74,577,537$8,880,204$4,150,500$64,578,441
90$82,086,518$9,217,406$4,191,614$70,978,820
91$90,358,330$9,568,046$4,231,021$78,027,045
92$99,470,685$9,932,686$4,268,565$85,789,067
93$109,509,218$10,311,911$4,304,086$94,337,559
94$120,568,297$10,706,333$4,337,411$103,752,605
95$132,751,909$11,116,589$4,368,360$114,122,450
96$146,174,647$11,543,345$4,396,743$125,544,342
97$160,962,789$11,987,297$4,422,362$138,125,439
98$177,255,489$12,449,170$4,445,007$151,983,830
99$195,206,091$12,929,721$4,464,456$167,249,641
100$214,983,576$13,429,742$4,480,480$184,066,270