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%14.2%
1 years$184,977$183,329$181,722$180,153$178,621$175,517
2 years$91,573$89,867$88,215$86,612$85,057$81,941
3 years$60,442$58,729$57,081$55,493$53,964$50,931
4 years$44,880$43,172$41,540$39,980$38,488$35,562
5 years$35,545$33,848$32,237$30,708$29,258$26,448
6 years$29,324$27,639$26,052$24,558$23,151$20,460
7 years$24,882$23,211$21,649$20,190$18,828$16,256
8 years$21,552$19,896$18,360$16,937$15,619$13,167
9 years$18,963$17,323$15,814$14,427$13,154$10,819
10 years$16,893$15,270$13,787$12,436$11,208$8,989
11 years$15,201$13,594$12,138$10,823$9,639$7,533
12 years$13,792$12,201$10,772$9,493$8,353$6,358
13 years$12,600$11,026$9,624$8,381$7,284$5,396
14 years$11,580$10,022$8,647$7,440$6,385$4,601
15 years$10,696$9,156$7,807$6,635$5,622$3,939
16 years$9,924$8,400$7,078$5,941$4,969$3,382
17 years$9,243$7,736$6,441$5,338$4,406$2,913
18 years$8,639$7,149$5,880$4,810$3,917$2,514
19 years$8,099$6,625$5,383$4,347$3,491$2,174
20 years$7,613$6,157$4,940$3,937$3,119$1,883
21 years$7,174$5,735$4,544$3,573$2,791$1,634
22 years$6,776$5,353$4,188$3,249$2,502$1,419
23 years$6,413$5,007$3,867$2,959$2,246$1,234
24 years$6,080$4,691$3,576$2,698$2,018$1,074
25 years$5,775$4,402$3,312$2,464$1,816$935
26 years$5,494$4,137$3,072$2,253$1,636$815
27 years$5,234$3,894$2,853$2,062$1,475$711
28 years$4,992$3,669$2,652$1,890$1,331$620
29 years$4,768$3,461$2,468$1,733$1,202$542
30 years$4,560$3,269$2,299$1,590$1,086$473
31 years$4,365$3,090$2,143$1,461$982$413
32 years$4,182$2,924$1,999$1,342$888$361
33 years$4,012$2,769$1,867$1,234$804$316
34 years$3,851$2,624$1,744$1,136$728$276
35 years$3,700$2,489$1,631$1,045$659$241
36 years$3,558$2,363$1,526$963$597$211
37 years$3,423$2,244$1,428$887$541$185
38 years$3,296$2,132$1,337$818$491$161
39 years$3,176$2,028$1,253$754$445$141
40 years$3,062$1,929$1,174$695$404$124
41 years$2,954$1,836$1,101$642$366$108
42 years$2,852$1,749$1,033$592$332$95
43 years$2,754$1,666$969$547$302$83
44 years$2,661$1,588$910$505$274$73
45 years$2,573$1,515$854$466$248$63
46 years$2,489$1,445$802$431$226$56
47 years$2,408$1,379$754$398$205$49
48 years$2,331$1,316$708$368$186$43
49 years$2,257$1,257$666$340$169$37
50 years$2,187$1,201$626$314$153$33

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 $5,018 every year, while hoping to spend $35,264 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: 53/29/18 Blend
51$2,240,000$2,240,000$2,240,000$2,240,000
52$2,473,656$2,354,936$2,320,216$2,592,404
53$2,688,448$2,432,807$2,360,423$2,752,197
54$2,923,968$2,513,312$2,400,794$2,921,843
55$3,182,291$2,596,543$2,441,299$3,105,664
56$3,465,705$2,682,594$2,481,904$3,305,020
57$3,776,731$2,771,565$2,522,571$3,521,405
58$4,118,143$2,863,558$2,563,263$3,756,465
59$4,492,999$2,958,677$2,603,938$4,012,009
60$4,904,667$3,057,035$2,644,551$4,290,030
61$5,356,856$3,158,743$2,685,057$4,592,721
62$5,853,654$3,263,920$2,725,405$4,922,495
63$6,399,563$3,372,688$2,765,543$5,282,010
64$6,999,543$3,485,174$2,805,413$5,674,190
65$7,659,059$3,601,510$2,844,957$6,102,257
66$8,384,130$3,721,831$2,884,110$6,569,756
67$9,181,390$3,846,280$2,922,806$7,080,593
68$10,058,146$3,975,001$2,960,974$7,639,065
69$11,022,449$4,108,149$2,998,539$8,249,908
70$12,083,169$4,245,879$3,035,421$8,918,337
71$13,250,081$4,388,355$3,071,536$9,650,093
72$14,533,952$4,535,747$3,106,795$10,451,502
73$15,946,647$4,688,231$3,141,105$11,329,529
74$17,501,240$4,845,989$3,174,367$12,291,847
75$19,212,134$5,009,210$3,206,475$13,346,907
76$21,095,201$5,178,091$3,237,322$14,504,018
77$23,167,929$5,352,835$3,266,789$15,773,436
78$25,449,587$5,533,653$3,294,756$17,166,455
79$27,961,408$5,720,765$3,321,094$18,695,521
80$30,726,787$5,914,398$3,345,666$20,374,342
81$33,771,505$6,114,789$3,368,331$22,218,020
82$37,123,968$6,322,183$3,388,939$24,243,193
83$40,815,476$6,536,833$3,407,332$26,468,191
84$44,880,521$6,759,005$3,423,345$28,913,210
85$49,357,110$6,988,972$3,436,802$31,600,498
86$54,287,122$7,227,018$3,447,522$34,554,568
87$59,716,706$7,473,440$3,455,312$37,802,429
88$65,696,716$7,728,544$3,459,970$41,373,837
89$72,283,187$7,992,648$3,461,285$45,301,579
90$79,537,868$8,266,084$3,459,034$49,621,779
91$87,528,803$8,549,195$3,452,985$54,374,241
92$96,330,973$8,842,338$3,442,892$59,602,821
93$106,027,002$9,145,883$3,428,499$65,355,843
94$116,707,940$9,460,215$3,409,538$71,686,550
95$128,474,119$9,785,734$3,385,726$78,653,614
96$141,436,100$10,122,855$3,356,768$86,321,681
97$155,715,718$10,472,011$3,322,356$94,761,982
98$171,447,230$10,833,649$3,282,164$104,053,010
99$188,778,585$11,208,235$3,235,854$114,281,254
100$207,872,816$11,596,254$3,183,070$125,542,016