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%12.7%
1 years$183,326$181,693$180,099$178,544$177,026$175,032
2 years$90,755$89,065$87,427$85,839$84,298$82,290
3 years$59,902$58,205$56,571$54,998$53,482$51,523
4 years$44,479$42,787$41,169$39,623$38,144$36,249
5 years$35,228$33,545$31,949$30,434$28,996$27,171
6 years$29,062$27,392$25,820$24,338$22,944$21,191
7 years$24,659$23,004$21,456$20,010$18,660$16,979
8 years$21,359$19,719$18,197$16,786$15,480$13,871
9 years$18,794$17,169$15,673$14,298$13,036$11,500
10 years$16,742$15,133$13,664$12,325$11,108$9,642
11 years$15,065$13,472$12,029$10,726$9,553$8,156
12 years$13,669$12,092$10,676$9,408$8,278$6,950
13 years$12,488$10,928$9,538$8,306$7,219$5,957
14 years$11,477$9,933$8,570$7,373$6,328$5,131
15 years$10,601$9,074$7,738$6,576$5,572$4,437
16 years$9,835$8,325$7,015$5,888$4,924$3,850
17 years$9,161$7,667$6,384$5,290$4,366$3,351
18 years$8,562$7,085$5,827$4,768$3,882$2,924
19 years$8,026$6,566$5,335$4,308$3,460$2,556
20 years$7,545$6,102$4,896$3,902$3,091$2,239
21 years$7,110$5,683$4,503$3,541$2,766$1,965
22 years$6,715$5,305$4,150$3,220$2,479$1,726
23 years$6,356$4,962$3,832$2,932$2,226$1,518
24 years$6,026$4,649$3,544$2,674$2,000$1,337
25 years$5,724$4,363$3,283$2,442$1,800$1,178
26 years$5,445$4,100$3,044$2,233$1,621$1,039
27 years$5,187$3,859$2,827$2,044$1,462$917
28 years$4,948$3,636$2,628$1,873$1,319$810
29 years$4,726$3,430$2,446$1,717$1,191$716
30 years$4,519$3,240$2,278$1,576$1,076$633
31 years$4,326$3,062$2,124$1,448$973$560
32 years$4,145$2,898$1,982$1,330$880$495
33 years$3,976$2,744$1,850$1,223$797$438
34 years$3,817$2,601$1,729$1,126$721$388
35 years$3,667$2,467$1,616$1,036$653$344
36 years$3,526$2,341$1,512$954$592$304
37 years$3,393$2,224$1,415$879$536$270
38 years$3,267$2,113$1,325$810$486$239
39 years$3,148$2,010$1,242$747$441$212
40 years$3,035$1,912$1,164$689$400$188
41 years$2,928$1,820$1,091$636$363$166
42 years$2,826$1,733$1,024$587$329$148
43 years$2,730$1,652$960$542$299$131
44 years$2,638$1,574$902$500$271$116
45 years$2,550$1,501$847$462$246$103
46 years$2,466$1,432$795$427$224$91
47 years$2,387$1,367$747$394$203$81
48 years$2,310$1,305$702$364$184$72
49 years$2,237$1,246$660$337$167$64
50 years$2,167$1,190$620$311$152$56

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 $5,277 every year, while hoping to spend $57,415 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: 54/34/12 Blend
51$2,220,000$2,220,000$2,220,000$2,220,000
52$2,451,883$2,334,223$2,299,813$2,576,401
53$2,640,886$2,387,511$2,315,768$2,714,898
54$2,847,243$2,441,486$2,330,333$2,858,899
55$3,072,664$2,496,120$2,343,400$3,014,300
56$3,319,030$2,551,384$2,354,859$3,182,194
57$3,588,413$2,607,244$2,364,589$3,363,788
58$3,883,095$2,663,663$2,372,466$3,560,412
59$4,205,587$2,720,599$2,378,360$3,773,529
60$4,558,656$2,778,007$2,382,134$4,004,752
61$4,945,347$2,835,838$2,383,644$4,255,858
62$5,369,014$2,894,036$2,382,738$4,528,805
63$5,833,351$2,952,541$2,379,257$4,825,750
64$6,342,427$3,011,290$2,373,036$5,149,071
65$6,900,721$3,070,210$2,363,900$5,501,388
66$7,513,170$3,129,225$2,351,666$5,885,587
67$8,185,209$3,188,253$2,336,142$6,304,849
68$8,922,825$3,247,202$2,317,128$6,762,681
69$9,732,614$3,305,975$2,294,412$7,262,948
70$10,621,840$3,364,468$2,267,775$7,809,906
71$11,598,507$3,422,567$2,236,985$8,408,251
72$12,671,432$3,480,149$2,201,800$9,063,156
73$13,850,326$3,537,084$2,161,969$9,780,321
74$15,145,889$3,593,231$2,117,224$10,566,032
75$16,569,908$3,648,438$2,067,290$11,427,215
76$18,135,370$3,702,543$2,011,876$12,371,503
77$19,856,583$3,755,373$1,950,678$13,407,312
78$21,749,308$3,806,740$1,883,380$14,543,916
79$23,830,913$3,856,445$1,809,649$15,791,538
80$26,120,532$3,904,277$1,729,137$17,161,445
81$28,639,246$3,950,006$1,641,483$18,666,057
82$31,410,283$3,993,390$1,546,307$20,319,063
83$34,459,235$4,034,170$1,443,212$22,135,551
84$37,814,302$4,072,069$1,331,784$24,132,151
85$41,506,552$4,106,792$1,211,591$26,327,195
86$45,570,221$4,138,025$1,082,179$28,740,886
87$50,043,028$4,165,434$943,077$31,395,494
88$54,966,539$4,188,661$793,792$34,315,565
89$60,386,549$4,207,330$633,808$37,528,154
90$66,353,524$4,221,035$462,587$41,063,080
91$72,923,068$4,229,351$279,568$44,953,211
92$80,156,452$4,231,820$84,164$49,234,774
93$88,121,191$4,227,960$0$53,947,697
94$96,891,680$4,217,258$0$59,151,914
95$106,549,896$4,199,168$0$64,892,542
96$117,186,171$4,173,112$0$71,212,341
97$128,900,044$4,138,478$0$78,170,328
98$141,801,199$4,094,615$0$85,831,539
99$156,010,503$4,040,832$0$94,267,655
100$171,661,142$3,976,400$0$103,557,670