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

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 $2,320,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$191,583$189,877$188,212$186,587$185,000$179,871
2 years$94,843$93,077$91,365$89,705$88,095$82,967
3 years$62,601$60,827$59,119$57,475$55,891$50,923
4 years$46,483$44,714$43,024$41,408$39,862$35,092
5 years$36,814$35,056$33,388$31,805$30,303$25,745
6 years$30,371$28,626$26,983$25,435$23,977$19,636
7 years$25,770$24,040$22,423$20,911$19,500$15,374
8 years$22,321$20,607$19,016$17,542$16,177$12,265
9 years$19,640$17,942$16,379$14,942$13,624$9,922
10 years$17,497$15,815$14,279$12,880$11,608$8,112
11 years$15,744$14,079$12,571$11,209$9,983$6,687
12 years$14,284$12,637$11,157$9,832$8,651$5,548
13 years$13,050$11,420$9,968$8,680$7,544$4,628
14 years$11,994$10,380$8,956$7,705$6,613$3,877
15 years$11,078$9,483$8,086$6,872$5,823$3,259
16 years$10,278$8,700$7,331$6,153$5,146$2,748
17 years$9,573$8,013$6,671$5,528$4,563$2,322
18 years$8,947$7,404$6,090$4,982$4,057$1,966
19 years$8,388$6,862$5,575$4,502$3,616$1,668
20 years$7,885$6,376$5,116$4,077$3,230$1,417
21 years$7,431$5,939$4,706$3,700$2,891$1,205
22 years$7,018$5,544$4,337$3,365$2,591$1,026
23 years$6,642$5,185$4,005$3,064$2,326$874
24 years$6,298$4,858$3,704$2,795$2,090$745
25 years$5,981$4,559$3,430$2,552$1,881$636
26 years$5,690$4,285$3,182$2,334$1,694$543
27 years$5,420$4,033$2,954$2,136$1,528$463
28 years$5,171$3,800$2,746$1,957$1,378$396
29 years$4,939$3,585$2,556$1,795$1,245$338
30 years$4,723$3,386$2,381$1,647$1,125$289
31 years$4,521$3,200$2,219$1,513$1,017$247
32 years$4,332$3,028$2,071$1,390$920$211
33 years$4,155$2,868$1,933$1,278$832$181
34 years$3,989$2,718$1,807$1,176$754$155
35 years$3,832$2,578$1,689$1,083$683$132
36 years$3,685$2,447$1,580$997$618$113
37 years$3,546$2,324$1,479$919$561$97
38 years$3,414$2,209$1,385$847$508$83
39 years$3,290$2,100$1,297$781$461$71
40 years$3,172$1,998$1,216$720$418$61
41 years$3,060$1,902$1,140$665$379$52
42 years$2,954$1,811$1,070$613$344$44
43 years$2,853$1,726$1,004$566$312$38
44 years$2,756$1,645$942$523$283$33
45 years$2,665$1,569$885$483$257$28
46 years$2,577$1,497$831$446$234$24
47 years$2,494$1,428$781$412$212$20
48 years$2,414$1,363$734$381$193$18
49 years$2,338$1,302$690$352$175$15
50 years$2,265$1,244$648$325$159$13

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 $2,716 every year, while hoping to spend $28,064 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: 58/22/20 Blend
51$2,320,000$2,320,000$2,320,000$2,320,000
52$2,559,442$2,436,482$2,400,522$2,694,157
53$2,790,645$2,526,009$2,451,079$2,875,547
54$3,044,490$2,618,983$2,502,390$3,069,930
55$3,323,257$2,715,543$2,554,449$3,281,226
56$3,629,458$2,815,833$2,607,252$3,511,073
57$3,965,859$2,920,005$2,660,791$3,761,273
58$4,335,508$3,028,217$2,715,059$4,033,810
59$4,741,763$3,140,632$2,770,046$4,330,865
60$5,188,323$3,257,423$2,825,743$4,654,841
61$5,679,263$3,378,769$2,882,137$5,008,381
62$6,219,074$3,504,854$2,939,215$5,394,395
63$6,812,702$3,635,875$2,996,961$5,816,086
64$7,465,598$3,772,033$3,055,359$6,276,983
65$8,183,766$3,913,539$3,114,390$6,780,967
66$8,973,822$4,060,615$3,174,035$7,332,315
67$9,843,057$4,213,490$3,234,270$7,935,734
68$10,799,501$4,372,403$3,295,070$8,596,408
69$11,852,005$4,537,606$3,356,410$9,320,045
70$13,010,320$4,709,358$3,418,260$10,112,933
71$14,285,189$4,887,933$3,480,588$10,981,995
72$15,688,451$5,073,615$3,543,360$11,934,857
73$17,233,150$5,266,699$3,606,540$12,979,916
74$18,933,659$5,467,495$3,670,087$14,126,422
75$20,805,816$5,676,326$3,733,959$15,384,565
76$22,867,073$5,893,530$3,798,109$16,765,566
77$25,136,658$6,119,456$3,862,490$18,281,788
78$27,635,760$6,354,473$3,927,047$19,946,847
79$30,387,729$6,598,963$3,991,724$21,775,745
80$33,418,292$6,853,327$4,056,461$23,785,004
81$36,755,799$7,117,982$4,121,194$25,992,829
82$40,431,491$7,393,363$4,185,854$28,419,273
83$44,479,791$7,679,926$4,250,369$31,086,430
84$48,938,633$7,978,145$4,314,659$34,018,638
85$53,849,816$8,288,517$4,378,643$37,242,712
86$59,259,403$8,611,560$4,442,233$40,788,193
87$65,218,150$8,947,814$4,505,336$44,687,631
88$71,781,989$9,297,845$4,567,852$48,976,884
89$79,012,555$9,662,243$4,629,678$53,695,461
90$86,977,766$10,041,623$4,690,703$58,886,892
91$95,752,465$10,436,630$4,750,809$64,599,140
92$105,419,127$10,847,935$4,809,871$70,885,047
93$116,068,636$11,276,242$4,867,760$77,802,839
94$127,801,142$11,722,283$4,924,335$85,416,668
95$140,727,010$12,186,826$4,979,452$93,797,223
96$154,967,856$12,670,671$5,032,954$103,022,388
97$170,657,699$13,174,656$5,084,680$113,177,983
98$187,944,224$13,699,654$5,134,457$124,358,568
99$206,990,177$14,246,579$5,182,103$136,668,338
100$227,974,900$14,816,387$5,227,429$150,222,103