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%15%
1 years$183,326$181,693$180,099$178,544$177,026$173,381
2 years$90,755$89,065$87,427$85,839$84,298$80,642
3 years$59,902$58,205$56,571$54,998$53,482$49,930
4 years$44,479$42,787$41,169$39,623$38,144$34,722
5 years$35,228$33,545$31,949$30,434$28,996$25,715
6 years$29,062$27,392$25,820$24,338$22,944$19,806
7 years$24,659$23,004$21,456$20,010$18,660$15,667
8 years$21,359$19,719$18,197$16,786$15,480$12,631
9 years$18,794$17,169$15,673$14,298$13,036$10,329
10 years$16,742$15,133$13,664$12,325$11,108$8,539
11 years$15,065$13,472$12,029$10,726$9,553$7,121
12 years$13,669$12,092$10,676$9,408$8,278$5,978
13 years$12,488$10,928$9,538$8,306$7,219$5,047
14 years$11,477$9,933$8,570$7,373$6,328$4,281
15 years$10,601$9,074$7,738$6,576$5,572$3,644
16 years$9,835$8,325$7,015$5,888$4,924$3,112
17 years$9,161$7,667$6,384$5,290$4,366$2,664
18 years$8,562$7,085$5,827$4,768$3,882$2,286
19 years$8,026$6,566$5,335$4,308$3,460$1,966
20 years$7,545$6,102$4,896$3,902$3,091$1,692
21 years$7,110$5,683$4,503$3,541$2,766$1,459
22 years$6,715$5,305$4,150$3,220$2,479$1,260
23 years$6,356$4,962$3,832$2,932$2,226$1,089
24 years$6,026$4,649$3,544$2,674$2,000$941
25 years$5,724$4,363$3,283$2,442$1,800$815
26 years$5,445$4,100$3,044$2,233$1,621$706
27 years$5,187$3,859$2,827$2,044$1,462$611
28 years$4,948$3,636$2,628$1,873$1,319$530
29 years$4,726$3,430$2,446$1,717$1,191$460
30 years$4,519$3,240$2,278$1,576$1,076$399
31 years$4,326$3,062$2,124$1,448$973$346
32 years$4,145$2,898$1,982$1,330$880$300
33 years$3,976$2,744$1,850$1,223$797$261
34 years$3,817$2,601$1,729$1,126$721$227
35 years$3,667$2,467$1,616$1,036$653$197
36 years$3,526$2,341$1,512$954$592$171
37 years$3,393$2,224$1,415$879$536$149
38 years$3,267$2,113$1,325$810$486$129
39 years$3,148$2,010$1,242$747$441$112
40 years$3,035$1,912$1,164$689$400$97
41 years$2,928$1,820$1,091$636$363$85
42 years$2,826$1,733$1,024$587$329$74
43 years$2,730$1,652$960$542$299$64
44 years$2,638$1,574$902$500$271$56
45 years$2,550$1,501$847$462$246$48
46 years$2,466$1,432$795$427$224$42
47 years$2,387$1,367$747$394$203$37
48 years$2,310$1,305$702$364$184$32
49 years$2,237$1,246$660$337$167$28
50 years$2,167$1,190$620$311$152$24

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 $6,642 every year, while hoping to spend $39,133 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: 62/10/28 Blend
51$2,220,000$2,220,000$2,220,000$2,220,000
52$2,453,291$2,335,631$2,301,221$2,586,591
53$2,661,890$2,408,440$2,336,675$2,750,770
54$2,890,454$2,483,505$2,372,005$2,925,133
55$3,140,978$2,560,895$2,407,165$3,114,700
56$3,415,661$2,640,681$2,442,108$3,320,963
57$3,716,922$2,722,938$2,476,782$3,545,571
58$4,047,426$2,807,741$2,511,133$3,790,336
59$4,410,111$2,895,167$2,545,103$4,057,257
60$4,808,209$2,985,297$2,578,631$4,348,533
61$5,245,284$3,078,215$2,611,653$4,666,589
62$5,725,260$3,174,004$2,644,100$5,014,096
63$6,252,459$3,272,753$2,675,900$5,393,995
64$6,831,644$3,374,552$2,706,977$5,809,528
65$7,468,061$3,479,494$2,737,250$6,264,266
66$8,167,490$3,587,676$2,766,634$6,762,143
67$8,936,298$3,699,196$2,795,040$7,307,493
68$9,781,499$3,814,156$2,822,373$7,905,095
69$10,710,823$3,932,660$2,848,533$8,560,209
70$11,732,783$4,054,816$2,873,415$9,278,634
71$12,856,761$4,180,737$2,896,909$10,066,761
72$14,093,093$4,310,535$2,918,897$10,931,629
73$15,453,166$4,444,329$2,939,258$11,880,995
74$16,949,528$4,582,240$2,957,862$12,923,409
75$18,596,003$4,724,392$2,974,574$14,068,290
76$20,407,823$4,870,916$2,989,250$15,326,017
77$22,401,773$5,021,943$3,001,742$16,708,028
78$24,596,345$5,177,609$3,011,891$18,226,927
79$27,011,915$5,338,055$3,019,533$19,896,604
80$29,670,935$5,503,425$3,024,492$21,732,364
81$32,598,146$5,673,868$3,026,588$23,751,072
82$35,820,807$5,849,537$3,025,628$25,971,315
83$39,368,955$6,030,590$3,021,412$28,413,574
84$43,275,688$6,217,189$3,013,730$31,100,419
85$47,577,478$6,409,501$3,002,359$34,056,723
86$52,314,512$6,607,697$2,987,070$37,309,895
87$57,531,073$6,811,956$2,967,618$40,890,139
88$63,275,959$7,022,458$2,943,750$44,830,742
89$69,602,940$7,239,392$2,915,198$49,168,383
90$76,571,268$7,462,949$2,881,685$53,943,487
91$84,246,232$7,693,329$2,842,917$59,200,598
92$92,699,781$7,930,736$2,798,588$64,988,807
93$102,011,196$8,175,379$2,748,378$71,362,212
94$112,267,840$8,427,475$2,691,950$78,380,429
95$123,565,984$8,687,245$2,628,955$86,109,157
96$136,011,714$8,954,920$2,559,025$94,620,794
97$149,721,932$9,230,733$2,481,774$103,995,126
98$164,825,457$9,514,928$2,396,802$114,320,080
99$181,464,247$9,807,753$2,303,688$125,692,549
100$199,794,731$10,109,463$2,201,993$138,219,313