Can I retire at age 52 with 2,320,000?

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 $2,320,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$191,583$189,877$188,212$186,587$185,000$182,386
2 years$94,843$93,077$91,365$89,705$88,095$85,467
3 years$62,601$60,827$59,119$57,475$55,891$53,330
4 years$46,483$44,714$43,024$41,408$39,862$37,388
5 years$36,814$35,056$33,388$31,805$30,303$27,922
6 years$30,371$28,626$26,983$25,435$23,977$21,694
7 years$25,770$24,040$22,423$20,911$19,500$17,314
8 years$22,321$20,607$19,016$17,542$16,177$14,089
9 years$19,640$17,942$16,379$14,942$13,624$11,632
10 years$17,497$15,815$14,279$12,880$11,608$9,711
11 years$15,744$14,079$12,571$11,209$9,983$8,180
12 years$14,284$12,637$11,157$9,832$8,651$6,939
13 years$13,050$11,420$9,968$8,680$7,544$5,920
14 years$11,994$10,380$8,956$7,705$6,613$5,075
15 years$11,078$9,483$8,086$6,872$5,823$4,368
16 years$10,278$8,700$7,331$6,153$5,146$3,772
17 years$9,573$8,013$6,671$5,528$4,563$3,267
18 years$8,947$7,404$6,090$4,982$4,057$2,836
19 years$8,388$6,862$5,575$4,502$3,616$2,467
20 years$7,885$6,376$5,116$4,077$3,230$2,150
21 years$7,431$5,939$4,706$3,700$2,891$1,877
22 years$7,018$5,544$4,337$3,365$2,591$1,640
23 years$6,642$5,185$4,005$3,064$2,326$1,435
24 years$6,298$4,858$3,704$2,795$2,090$1,256
25 years$5,981$4,559$3,430$2,552$1,881$1,101
26 years$5,690$4,285$3,182$2,334$1,694$966
27 years$5,420$4,033$2,954$2,136$1,528$848
28 years$5,171$3,800$2,746$1,957$1,378$745
29 years$4,939$3,585$2,556$1,795$1,245$654
30 years$4,723$3,386$2,381$1,647$1,125$575
31 years$4,521$3,200$2,219$1,513$1,017$506
32 years$4,332$3,028$2,071$1,390$920$445
33 years$4,155$2,868$1,933$1,278$832$392
34 years$3,989$2,718$1,807$1,176$754$345
35 years$3,832$2,578$1,689$1,083$683$303
36 years$3,685$2,447$1,580$997$618$267
37 years$3,546$2,324$1,479$919$561$235
38 years$3,414$2,209$1,385$847$508$207
39 years$3,290$2,100$1,297$781$461$183
40 years$3,172$1,998$1,216$720$418$161
41 years$3,060$1,902$1,140$665$379$142
42 years$2,954$1,811$1,070$613$344$125
43 years$2,853$1,726$1,004$566$312$110
44 years$2,756$1,645$942$523$283$97
45 years$2,665$1,569$885$483$257$86
46 years$2,577$1,497$831$446$234$75
47 years$2,494$1,428$781$412$212$66
48 years$2,414$1,363$734$381$193$59
49 years$2,338$1,302$690$352$175$52
50 years$2,265$1,244$648$325$159$46

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 52 starting with $2,320,000, adding $2,015 every year, while hoping to spend $38,070 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: 28/44/28 Blend
51$2,320,000$2,320,000$2,320,000$2,320,000
52$2,558,718$2,435,758$2,399,798$2,608,097
53$2,779,202$2,514,604$2,439,686$2,726,598
54$3,020,898$2,596,038$2,479,633$2,850,398
55$3,285,931$2,680,146$2,519,602$2,982,642
56$3,576,640$2,767,017$2,559,553$3,124,081
57$3,895,602$2,856,744$2,599,442$3,275,541
58$4,245,652$2,949,424$2,639,223$3,437,927
59$4,629,918$3,045,155$2,678,846$3,612,237
60$5,051,842$3,144,040$2,718,260$3,799,564
61$5,515,217$3,246,185$2,757,408$4,001,112
62$6,024,221$3,351,700$2,796,233$4,218,205
63$6,583,457$3,460,699$2,834,672$4,452,296
64$7,197,995$3,573,298$2,872,659$4,704,985
65$7,873,421$3,689,620$2,910,124$4,978,032
66$8,615,889$3,809,791$2,946,992$5,273,373
67$9,432,179$3,933,940$2,983,186$5,593,138
68$10,329,761$4,062,203$3,018,623$5,939,669
69$11,316,865$4,194,720$3,053,215$6,315,545
70$12,402,558$4,331,633$3,086,870$6,723,604
71$13,596,830$4,473,094$3,119,491$7,166,969
72$14,910,687$4,619,257$3,150,975$7,649,079
73$16,356,258$4,770,281$3,181,213$8,173,719
74$17,946,904$4,926,333$3,210,092$8,745,054
75$19,697,349$5,087,584$3,237,491$9,367,673
76$21,623,816$5,254,212$3,263,283$10,046,626
77$23,744,177$5,426,401$3,287,336$10,787,476
78$26,078,130$5,604,342$3,309,508$11,596,347
79$28,647,376$5,788,231$3,329,653$12,479,983
80$31,475,826$5,978,272$3,347,615$13,445,813
81$34,589,831$6,174,678$3,363,230$14,502,018
82$38,018,424$6,377,667$3,376,328$15,657,607
83$41,793,596$6,587,466$3,386,729$16,922,506
84$45,950,601$6,804,310$3,394,242$18,307,644
85$50,528,284$7,028,442$3,398,671$19,825,065
86$55,569,447$7,260,115$3,399,805$21,488,030
87$61,121,259$7,499,588$3,397,426$23,311,151
88$67,235,693$7,747,134$3,391,305$25,310,524
89$73,970,021$8,003,031$3,381,201$27,503,882
90$81,387,354$8,267,570$3,366,862$29,910,757
91$89,557,235$8,541,051$3,348,023$32,552,671
92$98,556,297$8,823,788$3,324,406$35,453,334
93$108,468,987$9,116,101$3,295,721$38,638,867
94$119,388,360$9,418,326$3,261,664$42,138,050
95$131,416,958$9,730,809$3,221,915$45,982,593
96$144,667,779$10,053,910$3,176,141$50,207,430
97$159,265,341$10,388,001$3,123,991$54,851,054
98$175,346,861$10,733,468$3,065,100$59,955,877
99$193,063,545$11,090,712$2,999,084$65,568,629
100$212,582,016$11,460,146$2,925,543$71,740,799