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

Use the below retirement simulation to view the chances of a successful retirement.
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%19.6%
1 years$184,977$183,329$181,722$180,153$178,621$171,737
2 years$91,573$89,867$88,215$86,612$85,057$78,205
3 years$60,442$58,729$57,081$55,493$53,964$47,357
4 years$44,880$43,172$41,540$39,980$38,488$32,177
5 years$35,545$33,848$32,237$30,708$29,258$23,260
6 years$29,324$27,639$26,052$24,558$23,151$17,470
7 years$24,882$23,211$21,649$20,190$18,828$13,462
8 years$21,552$19,896$18,360$16,937$15,619$10,564
9 years$18,963$17,323$15,814$14,427$13,154$8,400
10 years$16,893$15,270$13,787$12,436$11,208$6,748
11 years$15,201$13,594$12,138$10,823$9,639$5,462
12 years$13,792$12,201$10,772$9,493$8,353$4,449
13 years$12,600$11,026$9,624$8,381$7,284$3,641
14 years$11,580$10,022$8,647$7,440$6,385$2,991
15 years$10,696$9,156$7,807$6,635$5,622$2,465
16 years$9,924$8,400$7,078$5,941$4,969$2,037
17 years$9,243$7,736$6,441$5,338$4,406$1,686
18 years$8,639$7,149$5,880$4,810$3,917$1,398
19 years$8,099$6,625$5,383$4,347$3,491$1,161
20 years$7,613$6,157$4,940$3,937$3,119$966
21 years$7,174$5,735$4,544$3,573$2,791$804
22 years$6,776$5,353$4,188$3,249$2,502$669
23 years$6,413$5,007$3,867$2,959$2,246$558
24 years$6,080$4,691$3,576$2,698$2,018$465
25 years$5,775$4,402$3,312$2,464$1,816$388
26 years$5,494$4,137$3,072$2,253$1,636$324
27 years$5,234$3,894$2,853$2,062$1,475$270
28 years$4,992$3,669$2,652$1,890$1,331$226
29 years$4,768$3,461$2,468$1,733$1,202$189
30 years$4,560$3,269$2,299$1,590$1,086$157
31 years$4,365$3,090$2,143$1,461$982$132
32 years$4,182$2,924$1,999$1,342$888$110
33 years$4,012$2,769$1,867$1,234$804$92
34 years$3,851$2,624$1,744$1,136$728$77
35 years$3,700$2,489$1,631$1,045$659$64
36 years$3,558$2,363$1,526$963$597$54
37 years$3,423$2,244$1,428$887$541$45
38 years$3,296$2,132$1,337$818$491$37
39 years$3,176$2,028$1,253$754$445$31
40 years$3,062$1,929$1,174$695$404$26
41 years$2,954$1,836$1,101$642$366$22
42 years$2,852$1,749$1,033$592$332$18
43 years$2,754$1,666$969$547$302$15
44 years$2,661$1,588$910$505$274$13
45 years$2,573$1,515$854$466$248$11
46 years$2,489$1,445$802$431$226$9
47 years$2,408$1,379$754$398$205$7
48 years$2,331$1,316$708$368$186$6
49 years$2,257$1,257$666$340$169$5
50 years$2,187$1,201$626$314$153$4

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 $4,404 every year, while hoping to spend $31,555 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: 50/37/13 Blend
51$2,240,000$2,240,000$2,240,000$2,240,000
52$2,473,023$2,354,303$2,319,583$2,587,725
53$2,691,697$2,436,089$2,363,714$2,748,688
54$2,931,618$2,520,826$2,408,267$2,919,837
55$3,194,920$2,608,623$2,453,221$3,105,114
56$3,483,954$2,699,598$2,498,556$3,305,855
57$3,801,309$2,793,870$2,544,249$3,523,531
58$4,149,836$2,891,563$2,590,275$3,759,760
59$4,532,678$2,992,809$2,636,608$4,016,318
60$4,953,297$3,097,741$2,683,220$4,295,162
61$5,415,504$3,206,502$2,730,079$4,598,444
62$5,923,501$3,319,236$2,777,152$4,928,530
63$6,481,916$3,436,096$2,824,404$5,288,025
64$7,095,847$3,557,240$2,871,797$5,679,794
65$7,770,911$3,682,833$2,919,290$6,106,991
66$8,513,297$3,813,045$2,966,840$6,573,086
67$9,329,824$3,948,055$3,014,400$7,081,900
68$10,228,004$4,088,048$3,061,920$7,637,637
69$11,216,114$4,233,216$3,109,348$8,244,926
70$12,303,275$4,383,760$3,156,628$8,908,862
71$13,499,534$4,539,890$3,203,701$9,635,056
72$14,815,963$4,701,821$3,250,501$10,429,682
73$16,264,762$4,869,781$3,296,963$11,299,543
74$17,859,371$5,044,004$3,343,015$12,252,126
75$19,614,602$5,224,735$3,388,582$13,295,676
76$21,546,775$5,412,230$3,433,582$14,439,276
77$23,673,870$5,606,754$3,477,932$15,692,923
78$26,015,703$5,808,583$3,521,541$17,067,632
79$28,594,107$6,018,006$3,564,314$18,575,531
80$31,433,139$6,235,321$3,606,152$20,229,979
81$34,559,309$6,460,842$3,646,948$22,045,691
82$38,001,828$6,694,893$3,686,590$24,038,872
83$41,792,884$6,937,812$3,724,961$26,227,375
84$45,967,947$7,189,953$3,761,935$28,630,863
85$50,566,099$7,451,683$3,797,382$31,270,996
86$55,630,411$7,723,384$3,831,163$34,171,635
87$61,208,338$8,005,456$3,863,133$37,359,065
88$67,352,179$8,298,313$3,893,138$40,862,243
89$74,119,560$8,602,389$3,921,017$44,713,066
90$81,573,983$8,918,135$3,946,600$48,946,679
91$89,785,427$9,246,020$3,969,708$53,601,795
92$98,831,000$9,586,536$3,990,153$58,721,070
93$108,795,677$9,940,191$4,007,738$64,351,495
94$119,773,095$10,307,519$4,022,256$70,544,842
95$131,866,437$10,689,073$4,033,488$77,358,152
96$145,189,409$11,085,434$4,041,205$84,854,272
97$159,867,311$11,497,203$4,045,168$93,102,444
98$176,038,220$11,925,009$4,045,124$102,178,957
99$193,854,292$12,369,507$4,040,809$112,167,869
100$213,483,198$12,831,381$4,031,945$123,161,797