Can I retire at age 52 with 2,240,000?

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 $2,240,000?

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$184,977$183,329$181,722$180,153$178,621$176,903
2 years$91,573$89,867$88,215$86,612$85,057$83,327
3 years$60,442$58,729$57,081$55,493$53,964$52,274
4 years$44,880$43,172$41,540$39,980$38,488$36,852
5 years$35,545$33,848$32,237$30,708$29,258$27,681
6 years$29,324$27,639$26,052$24,558$23,151$21,634
7 years$24,882$23,211$21,649$20,190$18,828$17,373
8 years$21,552$19,896$18,360$16,937$15,619$14,226
9 years$18,963$17,323$15,814$14,427$13,154$11,821
10 years$16,893$15,270$13,787$12,436$11,208$9,935
11 years$15,201$13,594$12,138$10,823$9,639$8,426
12 years$13,792$12,201$10,772$9,493$8,353$7,198
13 years$12,600$11,026$9,624$8,381$7,284$6,185
14 years$11,580$10,022$8,647$7,440$6,385$5,341
15 years$10,696$9,156$7,807$6,635$5,622$4,632
16 years$9,924$8,400$7,078$5,941$4,969$4,031
17 years$9,243$7,736$6,441$5,338$4,406$3,518
18 years$8,639$7,149$5,880$4,810$3,917$3,078
19 years$8,099$6,625$5,383$4,347$3,491$2,699
20 years$7,613$6,157$4,940$3,937$3,119$2,371
21 years$7,174$5,735$4,544$3,573$2,791$2,087
22 years$6,776$5,353$4,188$3,249$2,502$1,839
23 years$6,413$5,007$3,867$2,959$2,246$1,622
24 years$6,080$4,691$3,576$2,698$2,018$1,433
25 years$5,775$4,402$3,312$2,464$1,816$1,267
26 years$5,494$4,137$3,072$2,253$1,636$1,121
27 years$5,234$3,894$2,853$2,062$1,475$993
28 years$4,992$3,669$2,652$1,890$1,331$879
29 years$4,768$3,461$2,468$1,733$1,202$780
30 years$4,560$3,269$2,299$1,590$1,086$692
31 years$4,365$3,090$2,143$1,461$982$614
32 years$4,182$2,924$1,999$1,342$888$545
33 years$4,012$2,769$1,867$1,234$804$484
34 years$3,851$2,624$1,744$1,136$728$430
35 years$3,700$2,489$1,631$1,045$659$382
36 years$3,558$2,363$1,526$963$597$339
37 years$3,423$2,244$1,428$887$541$302
38 years$3,296$2,132$1,337$818$491$268
39 years$3,176$2,028$1,253$754$445$239
40 years$3,062$1,929$1,174$695$404$212
41 years$2,954$1,836$1,101$642$366$189
42 years$2,852$1,749$1,033$592$332$168
43 years$2,754$1,666$969$547$302$149
44 years$2,661$1,588$910$505$274$133
45 years$2,573$1,515$854$466$248$118
46 years$2,489$1,445$802$431$226$105
47 years$2,408$1,379$754$398$205$94
48 years$2,331$1,316$708$368$186$83
49 years$2,257$1,257$666$340$169$74
50 years$2,187$1,201$626$314$153$66

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,240,000, adding $5,097 every year, while hoping to spend $47,711 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: 76/11/13 Blend
51$2,240,000$2,240,000$2,240,000$2,240,000
52$2,473,738$2,355,018$2,320,298$2,654,835
53$2,675,295$2,419,649$2,347,263$2,839,613
54$2,895,812$2,485,849$2,373,534$3,035,608
55$3,137,172$2,553,643$2,399,034$3,249,144
56$3,401,449$2,623,057$2,423,688$3,481,953
57$3,690,928$2,694,118$2,447,412$3,735,937
58$4,008,123$2,766,851$2,470,121$4,013,196
59$4,355,805$2,841,280$2,491,724$4,316,041
60$4,737,025$2,917,430$2,512,124$4,647,015
61$5,155,142$2,995,324$2,531,220$5,008,924
62$5,613,857$3,074,986$2,548,907$5,404,855
63$6,117,248$3,156,438$2,565,073$5,838,210
64$6,669,804$3,239,700$2,579,600$6,312,736
65$7,276,471$3,324,792$2,592,364$6,832,562
66$7,942,698$3,411,735$2,603,235$7,402,236
67$8,674,488$3,500,544$2,612,078$8,026,769
68$9,478,451$3,591,236$2,618,748$8,711,681
69$10,361,873$3,683,826$2,623,096$9,463,055
70$11,332,777$3,778,327$2,624,962$10,287,591
71$12,400,004$3,874,749$2,624,182$11,192,672
72$13,573,294$3,973,100$2,620,582$12,186,435
73$14,863,376$4,073,389$2,613,978$13,277,841
74$16,282,074$4,175,618$2,604,179$14,476,768
75$17,842,411$4,279,790$2,590,985$15,794,098
76$19,558,740$4,385,902$2,574,186$17,241,820
77$21,446,870$4,493,950$2,553,560$18,833,149
78$23,524,224$4,603,927$2,528,878$20,582,642
79$25,809,996$4,715,820$2,499,896$22,506,342
80$28,325,335$4,829,615$2,466,362$24,621,926
81$31,093,544$4,945,291$2,428,010$26,948,875
82$34,140,300$5,062,824$2,384,563$29,508,651
83$37,493,894$5,182,186$2,335,729$32,324,908
84$41,185,501$5,303,343$2,281,205$35,423,711
85$45,249,468$5,426,253$2,220,672$38,833,780
86$49,723,647$5,550,872$2,153,797$42,586,765
87$54,649,742$5,677,148$2,080,232$46,717,543
88$60,073,708$5,805,021$1,999,613$51,264,548
89$66,046,184$5,934,425$1,911,558$56,270,131
90$72,622,969$6,065,286$1,815,669$61,780,963
91$79,865,549$6,197,521$1,711,531$67,848,474
92$87,841,675$6,331,040$1,598,707$74,529,341
93$96,626,006$6,465,741$1,476,744$81,886,019
94$106,300,809$6,601,514$1,345,166$89,987,332
95$116,956,740$6,738,236$1,203,477$98,909,124
96$128,693,693$6,875,775$1,051,159$108,734,976
97$141,621,748$7,013,986$887,671$119,556,993
98$155,862,204$7,152,709$712,446$131,476,671
99$171,548,731$7,291,774$524,895$144,605,863
100$188,828,624$7,430,994$324,402$159,067,827