Can I retire at age 52 with 2,300,000?

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 $2,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$189,932$188,240$186,589$184,978$183,405$179,263
2 years$94,026$92,275$90,577$88,932$87,336$83,185
3 years$62,061$60,302$58,610$56,980$55,409$51,379
4 years$46,082$44,329$42,653$41,051$39,518$35,640
5 years$36,497$34,754$33,100$31,531$30,041$26,326
6 years$30,109$28,379$26,750$25,215$23,771$20,222
7 years$25,548$23,833$22,229$20,731$19,332$15,950
8 years$22,129$20,429$18,852$17,391$16,038$12,822
9 years$19,471$17,787$16,237$14,813$13,506$10,454
10 years$17,346$15,679$14,156$12,769$11,508$8,616
11 years$15,608$13,958$12,463$11,113$9,897$7,162
12 years$14,161$12,528$11,060$9,747$8,577$5,993
13 years$12,938$11,321$9,882$8,606$7,479$5,043
14 years$11,890$10,291$8,879$7,639$6,556$4,262
15 years$10,983$9,401$8,016$6,813$5,772$3,616
16 years$10,190$8,625$7,268$6,100$5,102$3,077
17 years$9,491$7,943$6,614$5,481$4,524$2,625
18 years$8,870$7,340$6,037$4,939$4,022$2,244
19 years$8,316$6,803$5,527$4,463$3,585$1,922
20 years$7,817$6,321$5,072$4,042$3,202$1,649
21 years$7,366$5,888$4,666$3,669$2,866$1,416
22 years$6,957$5,496$4,300$3,336$2,569$1,218
23 years$6,585$5,141$3,970$3,038$2,306$1,048
24 years$6,243$4,816$3,672$2,771$2,072$903
25 years$5,930$4,520$3,401$2,530$1,865$779
26 years$5,641$4,248$3,154$2,314$1,680$672
27 years$5,374$3,998$2,929$2,118$1,514$580
28 years$5,126$3,767$2,723$1,940$1,367$500
29 years$4,896$3,554$2,534$1,779$1,234$432
30 years$4,682$3,356$2,360$1,633$1,115$373
31 years$4,482$3,173$2,200$1,500$1,008$323
32 years$4,294$3,002$2,053$1,378$912$279
33 years$4,119$2,843$1,917$1,267$825$241
34 years$3,954$2,695$1,791$1,166$747$209
35 years$3,799$2,556$1,674$1,073$677$180
36 years$3,653$2,426$1,566$989$613$156
37 years$3,515$2,304$1,466$911$556$135
38 years$3,385$2,190$1,373$840$504$117
39 years$3,261$2,082$1,286$774$457$101
40 years$3,144$1,981$1,206$714$414$87
41 years$3,034$1,886$1,131$659$376$76
42 years$2,928$1,796$1,060$608$341$66
43 years$2,828$1,711$995$561$310$57
44 years$2,733$1,631$934$518$281$49
45 years$2,642$1,555$877$479$255$42
46 years$2,555$1,484$824$442$232$37
47 years$2,473$1,416$774$408$210$32
48 years$2,393$1,352$727$377$191$28
49 years$2,318$1,291$684$349$173$24
50 years$2,246$1,233$643$322$158$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,300,000, adding $2,671 every year, while hoping to spend $39,883 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: 50/38/12 Blend
51$2,300,000$2,300,000$2,300,000$2,300,000
52$2,537,355$2,415,455$2,379,805$2,655,872
53$2,753,730$2,491,377$2,417,093$2,813,311
54$2,990,839$2,569,683$2,454,294$2,979,884
55$3,250,754$2,650,447$2,491,362$3,159,990
56$3,535,757$2,733,745$2,528,250$3,354,911
57$3,848,365$2,819,659$2,564,906$3,566,059
58$4,191,345$2,908,269$2,601,277$3,794,985
59$4,567,748$2,999,660$2,637,306$4,043,396
60$4,980,933$3,093,919$2,672,931$4,313,172
61$5,434,604$3,191,136$2,708,089$4,606,379
62$5,932,835$3,291,403$2,742,712$4,925,293
63$6,480,119$3,394,817$2,776,728$5,272,418
64$7,081,403$3,501,475$2,810,060$5,650,510
65$7,742,137$3,611,479$2,842,629$6,062,602
66$8,468,328$3,724,933$2,874,349$6,512,035
67$9,266,589$3,841,947$2,905,132$7,002,486
68$10,144,209$3,962,631$2,934,882$7,538,003
69$11,109,219$4,087,099$2,963,500$8,123,045
70$12,170,463$4,215,471$2,990,882$8,762,520
71$13,337,690$4,347,869$3,016,916$9,461,834
72$14,621,638$4,484,418$3,041,486$10,226,939
73$16,034,139$4,625,248$3,064,469$11,064,393
74$17,588,229$4,770,494$3,085,737$11,981,415
75$19,298,273$4,920,292$3,105,154$12,985,959
76$21,180,096$5,074,787$3,122,577$14,086,784
77$23,251,138$5,234,123$3,137,855$15,293,538
78$25,530,612$5,398,453$3,150,831$16,616,850
79$28,039,691$5,567,933$3,161,340$18,068,427
80$30,801,701$5,742,724$3,169,206$19,661,166
81$33,842,348$5,922,991$3,174,248$21,409,273
82$37,189,955$6,108,905$3,176,274$23,328,400
83$40,875,733$6,300,644$3,175,081$25,435,789
84$44,934,071$6,498,388$3,170,459$27,750,434
85$49,402,863$6,702,326$3,162,186$30,293,263
86$54,323,865$6,912,651$3,150,030$33,087,333
87$59,743,090$7,129,561$3,133,747$36,158,046
88$65,711,239$7,353,264$3,113,081$39,533,388
89$72,284,182$7,583,969$3,087,765$43,244,195
90$79,523,482$7,821,897$3,057,519$47,324,441
91$87,496,979$8,067,273$3,022,048$51,811,561
92$96,279,429$8,320,327$2,981,045$56,746,798
93$105,953,209$8,581,301$2,934,188$62,175,599
94$116,609,092$8,850,441$2,881,139$68,148,037
95$128,347,109$9,128,002$2,821,546$74,719,285
96$141,277,485$9,414,245$2,755,040$81,950,139
97$155,521,687$9,709,442$2,681,232$89,907,586
98$171,213,566$10,013,871$2,599,720$98,665,439
99$188,500,620$10,327,821$2,510,081$108,305,032
100$207,545,386$10,651,587$2,411,871$118,915,988